Chips and Powders: How Even Small Amounts of Jewelry Scrap Can Pay You Back Richly
Have you visited a jewelry factory recently? Or the business place of a jewelry maker who repairs jewelry?
If you have, you have noticed that they are noisy places. Grinders, polishers and other pieces of machinery are whirring away. And do you know what? The specific places where that noise is coming from are the same places where you are most likely to find small amounts of gold, platinum and silver dusts and powders that can be worth much more than you suspect.
How to Calculate the Value of Big Batches of Jewelry Supplies
Not long ago, we had a call from a man who had bought a box of 16 rolls of gold-plated jewelry chain at an auction where the assets of a closed jewelry manufacturer were being sold to the public. “I weighed the box,” he told us, “it weighs about 12 pounds . . . so what is it worth?”
Titanium Gains Popularity in the Jewelry Market
Over the years titanium has been used mostly in aerospace and industrial applications, and with good reason. Titanium is nearly as hard as steel, but it weighs much less. It is extremely resistant to corrosion and wear. It resists deformation - you are going to have to jump up and down pretty hard on a titanium ring or pipe to get it to flatten.
Looking to Buy Undervalued Precious Metals? Shop at Businesses for Sale
It is easy to find businesses that are for sale. You will find them advertised in newspapers that are published near where you live. Plus, you can find hundreds of them online on BizBuySell.com and other online listings of businesses that are for sale. Just search online for “businesses for sale” and you’ll soon be looking at hundreds of them.
Be on the Lookout for Commemorative and Class Rings
On our blog today, we're featuring a fantastic video that shows all the work that a company called Baron Rings put into designing and manufacturing the championship rings that were awarded to the 2016 Cleveland Cavaliers. It is inspiring to see a company create something so beautiful. The video reminds us of two important considerations about reclaiming precious metals from older commemorative and class rings…