I had a conversation with a relative of mine the other day who was asking about precious metals prices, he mentioned he has been “stockpiling” gold bars and coins for years. I got to thinking, if you are a Baby Boomer (like my Uncle) who bought gold back when he was about 25 years old in 1975… Read More »
Category: Buying & Selling Gold
The most common mistake people make when buying or selling precious metals and coins, and how it can cost you.
At least once a week at the refinery we come across someone who is unfamiliar with weighing gold or silver. We explain weights to them, and they understand, but there are unscrupulous people out there who do not explain and take full advantage of the confusion.
Unloading your wedding ring
My divorce took place years ago. For a while I was wearing my wedding ring on my right hand but now I am downright sick of looking at it. I tried to sell it in the local pawn shops and retail jewelry stores but because was not a traditional wedding ring with a solitaire, I was advised to sell it on… Read More »
Jolly Old St. Nick — The Patron Saint of Pawn Shops
When you think of Christmas and Santa Claus, what’s the first thing you think of? Pawn shops, right? No? As a popular gold refiner for pawnbrokers, we at Pease & Curren know all about the long, historic relationship between Christmas and pawnshops, but you probably don’t. Never fear: Just leave your chestnuts roasting on the… Read More »
7 Common Mistakes That Can Hurt Pawnbrokers
As a trusted gold refiner for pawnshops, Pease & Curren wants to see all the pawnshops we work with succeed. In that spirit, here are seven common mistakes all pawnbrokers should do their best to avoid. Not Doing Your Research When Selling Precious Metals If you are selling precious metals or gems to a specific… Read More »
Weaker Dollar = Corporate Profits Rising = Bullish for GOLD
The Wall Street Journal printed a piece this morning recapping how the S&P 500 rose 14% in the first three months of the year with the second quarter earnings on pace to climb roughly 9%. In the precious metals industry typically the declining dollar means bullish for GOLD. In this morning’s piece various corporations comment… Read More »
Disheartening news in our industry
Precious metals refiners are always fighting a bad reputation. At Pease & Curren we try hard to do the right thing. We do not accept gold from anyone except legitimate businesses. We question gold bars and often times do not take them because we are not sure of their origin. It is disheartening to hear when… Read More »
It came out of the acid scratch free and shiny as new
Our headline is actually a comment made by our Lab Manager, Olga Yankov. Our customer sent in a ring they assumed was platinum as part of a lot scheduled to undergo our Premium Stone Removal Process.
For those waiting for GOLD to go up
In the words of our long time Inside Salesperson Stephanie “Gold always takes the stairs up, and the elevator down” and this is certainly the case this week.
How to tell the difference between silver, white gold and platinum
If you buy jewelry you are surely aware of the challenge of differentiating between these gray/white colored metals. It is not always easy to tell with the naked eye but this is may help.
