If you are new to purchasing or selling precious metals (Gold, Silver, Platinum, Palladium or Rhodium), it is very likely that you may be unfamiliar with the Troy Ounce. Very different from other consumer items such as food products, or weights such as the Post Office utilizes, precious metals are weighed using a different system. This weight measurement used for Precious Metals is the Troy Ounce. It is quite important for Precious Metals buyers and sellers to understand the difference between these two units of measurements, otherwise the weights and values will not make any sense using standard ounce math. It is important to know exactly what you are buying or selling, especially with the costs associated with Precious Metals such as Gold, Silver, Platinum, Palladium and Rhodium.
The troy ounce is a world wide adopted and accepted unit of measure that is used to weigh precious metals such as Gold, Silver, Platinum, Palladium and Rhodium. It is heavier than a standard ounce and is the standard form of measurement used for buying and selling precious metals. The "Spot" or Market Pricing quotes Troy Ounces, not standard ounces. Standard ounces are often referred to as "kitchen ounces", "standard ounces," or avoirdupois ounces." How Many Grams are there in a Troy Ounce of Gold? A troy ounce is heavier than a standard ounce. It is extremely important for those buying and selling Precious Metals to be aware and understand the difference as there is a fairly significant difference between the two (especially when dealing with valuable metals such as Gold, Silver, Platinum, Palladium and Rhodium.) A standard avoirdupois ounce contains 28.35 grams while a troy ounce contains more. Exactly how much more? Remember one thing.... Grams are UNIVERSAL. A Gram is a gram, is a gram, is a gram! 1 troy ounce = 31.1034768 grams But lets just make it more simple: 1 Troy Ounce = 31.1 Grams. Without being educated on the difference between a troy ounce and an avoirdupois standard ounce, buyers and sellers risk losing money on their investment with Precious Metals. . Professional Gold Buyers and sellers will buy and sell their Gold, Silver, Platinum and Palladium in Troy Ounces. Remember.... the Precious Metals Spot Pricing is stated in TROY OUNCES. At Texas Gold and Silver Buyers of San Antonio, we are committed to being transparent in all dealings. This includes our informative blogs, educating customers and potential future customers on all the ins and outs of the Precious Metals Industry. We are TOP DOLLAR buyers in San Antonio for ALL Gold, Silver, Platinum and Palladium. We Purchase: Jewelry, Scrap, Coins, Bullion, Dental Gold, Name Brand/Designer Jewelry and PROMISE a NO PRESSURE, Hassle-Free Quote each and every day. We are devoted to the highest levels of Customer Service. We are fully licensed with the State of Texas and our scales are licensed and regulated by the Texas Dept. of Agriculture. What makes us REALLY stand out is our XRF X-Ray Testing! We precisely and non destructively X-Ray test. We do not damage your items with the outdated Acid/Scratch test like so many of our competitors will do. Feel free to give us a call, email, text, or stop by! Texas Gold and Silver Buyers 3435 Thousand Oaks Dr, Suite 107 San Antonio. Texas 78247 210-441-2177 TexasGoldandSilverBuyers@gmail.com
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 Texas Gold and Silver Buyers of San Antonio are dedicated to offering honest, friendly, hassle-free, and NO PRESSURE transactions. This includes letting clients come in for a FREE QUOTE and decide when they’re ready to sell their Gold, Silver, Platinum and Palladium Jewelry. We will happily answer any and all of your questions without pressuring you to move forward and sell right that moment. However, if you are looking for further opinions or guidance, please consider the five common signs it’s time to sell old jewelry, as we will detail below. Considering these five factors that are outlined below will allow you to make the best possible choice for your situation. 1. You Never Wear It: If you rarely or actually never wear a piece of jewelry, it might be time to let it go. This is especially true if you never wear it because you do not remember you even own that piece of jewelry. Jewelry trends/styles tend to change rapidly! Most of us all own things we never or barely use. It’s inevitably going to happen after years of receiving gifts, collecting or residing in the same home. However when it comes to Precious Metal Jewelry, lack of wear/use is basically wasted money in a drawer or jewelry box. This brings us to the next talking point.... 2. You’ve Pondered what its Value may be: When someone wants to keep a piece of Fine Jewelry, they more than likely will not think about the monetary value attached and this is more than understandable! Instead the sentimental/emotional worth and meaning will be more than enough to keep and that piece of jewelry would not be for sale under any circumstance. If you have thought about how much you could get for the piece(s) of jewelry, selling your jewelry very well might be a smart decision. At Texas Gold and Silver Buyers of San Antonio, we utilize non destructive, fast, and precise testing methods. (XRF X-Ray Testing) We will always provide you with a NO PRESSURE, Fast and Hassle-Free Quote. Never any pressure to sell us anything! This brings us to the next hint it may be time to sell your Gold, Silver, Platinum or Palladium Jewelry.... 3. You Need Cash and Need it FAST: One Fact that will never change, we ALL need money to live and survive. It’s a fact of life, whether we like to admit it or not. While money may not be the answer to everything and solves all problems, it certainly plays a LARGE role in living our lives comfortably. Fine Jewelry (Gold, Silver, Platinum and Palladium) can definitely be a source of funds. This is especially true if someone needs to pay off loans, cover moving or travel expenses, save for a large purchase, cover unexpected living expenses, unexpected job changes or loss of a job or cover emergency expenses of any sort. If selling your jewelry makes financial sense in your individual circumstance, it can be very helpful in these situations. Texas Gold and Silver Buyers provide a CASH SERVICE, and pay immediately! 4. There is no Emotional Attachment to the Jewelry: Lack of any emotional or sentimental attachment is probably the most important sign on this numerical list. After all, for many people, jewelry such as Wedding/Engagement Rings or Precious Family Heirlooms hold intense sentimental value. This type of worth is priceless and irreplaceable! If you are not emotionally attached to your jewelry, or any other physical item, the questions begs to be answered, why keep it? If the piece of jewelry is not adding value and/or joy to your daily life, you can conclude it is something you can do without. At Texas Gold and Silver Buyers of San Antonio, we are committed to offering the Highest Prices for your Gold, Silver, Platinum and Palladium items. Our quotes are ALWAYS FREE, and there is never any pressure to sell to us. 5. Your Jewelry just brings up Bad Memories: It is very possible your jewelry does hold emotional value. But,what if these emotions are negative and/or unpleasant? This is especially likely to be the case if a piece of jewelry reminds you of a old breakup, divorce, or an engagement that was cancelled. Tangible objects, especially jewelry obtained under the circumstances detailed above can initiate pain and discomfort. Selling items of this sort can greatly help you heal and move on by letting you part ways with those items. We deal with this type of scenario almost on a daily basis. Texas Gold and Silver Buyers of San Antonio will buy your Fine Jewelry and best of all we PAY CASH! If any of the above pertain to your situation it very well may be time to sell your old jewelry. You can begin the process by visiting our office, calling, emailing or texting us. We will inspect, non destructively and accurately test your jewelry and give a HASSLE FREE QUOTE on all your pieces, including broken and scrap jewelry. Please remember there is never any obligation to sell to us, and the quote is fast and free. Our office is conveniently located at: 3435 Thousand Oaks Dr. Suite 107 San Antonio, Texas 78247 We can be reached by phone or text @ 210-441-2177 Our email is: TexasGoldandSilverBuyers@gmail.com www.texasgoldandsilverbuyers.com There are numerous places to sell your Gold, Silver, Platinum and Palladium items in San Antonio, Texas, Many establishments have questionable and not so transparent practices where they offer extremely low offers and most times do not even properly and professionally test your Precious Metal items. Make sure your prospective buyer is LICENSED with the State of Texas, their scales are Licensed for Trade by the Texas Dept. of Agriculture and they follow all Texas Statutes pertaining to those who engage in the business of buying Precious Metals.
Texas Gold and Silver Buyers of San Antonio prides itself on our knowledge and experience of the Precious Metals Industry, our stellar standing with our Licensing Agencies and full Compliance of Texas Requirements of Precious Metals Dealers. We operate with the highest of business principles: Transparency, Respect, & Honesty Transparency is pertinent in the Precious Metals industry. When you come into our office looking for a quote, we conduct all inspections and non destructive testing right in front of our customers. Nothing will leave your sight. EVER! If you have any questions pertaining to your items, our offer, current Spot Pricing of Precious Metals, etc., we are an open book and will answer all questions pertaining to your potential transaction with us. We also always offer transparent pricing over the phone, via email or text, or in person at our safe and secure office, Respect is a top priority with EVERYONE that comes into our store, gives us a call, or contacts us via text/email. We are totally Customer Service driven and always will be! All of our customers or potential customers will be greeted with a smile and we are always eager to answer any and all of your questions and provide a FREE NO-HASSLE QUOTE. We can be reached by phone, text, email or in person. No appointment is necessary unless you would like to schedule a private appointment, which we are more than happy to do! Not only do we respect you, we also respect your items during the testing process. You are entitled to a FREE quote, without any testing methods that damage. The truth is most of our competitors use Destructive Acid Testing. They will scratch, file your items to determine the purity with this outdated testing method. At Texas Gold and Silver Buyers we utilize XRF X-Ray testing which is fast, highly precise, and never damages any items. Honesty: Everything we do is in an open book fashion. There are zero secrets at Texas Gold and Silver Buyers of San Antonio. Would you like to verify your weights on our Licensed for Trade Scales? Sure! Would you like to verify the purity of your items on our XRF X-Ray? Sure! No Problem. We are a locally owned, family owned business and Top Notch Customer Service and Transparency are standard with every interaction. We offer FREE, NO PRESSURE, HASSLE-FREE QUOTES, each and every day. You can Call, Email, or Text for a quote! If you already know the type of precious metal, the weight and karat (purity), we will happily quote you over the phone before you come to our store location. Please note that pricing changes by the minute, everyday based on the market. We have outstanding customer service. We work with customers from all different walks of life, different backgrounds and cultures, Each transaction is handled with integrity, respect and privacy. We take pride in our services and promise a safe, secure, no pressure experience while looking to sell your Gold, Silver, Platinum and Palladium items. We Purchase ALL Gold, Silver, Platinum and Palladium in San Antonio, Texas: Jewelry Scrap Coins Bullion Dental Gold Feel free to come by our office conveniently located at: 3435 Thousand Oaks Dr. Suite 107 San Antonio, Texas 78247 You can also give us a call or text @ 210-441-2177 We can be reached by email at TexasGoldandSilverBuyers@gmail.com How do you know if that set of flatware inherited from Grandma is Sterling Silver? What about that Tea Set inherited? Fancy Dinnerware was a really big deal in decades past! Not so much in today's fast pace world, but many people are starting to inherit it and are looking to turn these items into CASH. But what many people don't know is that most companies that produced these kind of items made two different models. They would make a Sterling Silver model, and also a Silver Plated model. Both models to an untrained eye look identical. Both models will tarnish just the same. Neither will attract to a magnet. Now how to see if that "Silver" Grandma was so proud of is actually Sterling Silver, or Silver plated. Nine times out of ten, where you see any markings such as Manufacturer, Model #, etc. if you do not see the markings "Sterling" or "925" the items are going to be Silver Plated over Copper. These items unfortunately do not have any Precious Metal Value. There are very few exceptions to this rule and are as follows: 1. English Hallmarks are present (these are small squares with very small pictures such as a Lion, etc 2. Items that are made overseas and may be .950 Silver, .830 or .80o Silver. These items will be marked accordingly (950, 830, or 800) 3. Items that are "coin silver" These items will typically be older, and often times have no markings or are marked 900 or .900 If you see a name brand such as "Wallace", "Rogers" "Oneida" "Reed and Barton" "Community" and there is not the word "Sterling" or "925" these items are most definitely Silver Plated. Also do not confuse Sterling Silver with Stainless Steel. Many models are not even Silver Plated and are just Stainless Steel. In summary the basic rule to this is if the items are not marked Sterling or 925, odds are your items are Silver Plated. Many models will tell you they are Silver Plated by saying "Plate," "Extra Plate," "Quadruple," "Triple," "AA," "A1," "Silver over Copper," etc. We do purchase ALL Sterling Silver items in San Antonio, but do not deal with the Silver Plated items. Silver Plated items do have very small amounts of Silver content, but the chemical cost to recover that silver far outweighs the Silver value. At Texas Gold and Silver Buyers of San Antonio, we deal with ALL Precious Metals including Gold, Silver, Sterling Silver, Platinum and Palladium. We give HASSLE-FREE, NO PRESSURE quotes each and every day. If you are still unsure if your items are Sterling Silver or Silver Plated, feel free to stop by and let us check your items out. Of course if they are Sterling Silver, we can also give you a TOP DOLLAR CASH QUOTE on purchasing these items. We deal with ALL Precious Metals such as Flatware, Tableware, Jewelry, Coins, Bullion, and Dental Gold. Examples of Sterling Hallmarks
There seems to be a lot of disinformation regarding Precious Metal Sales and the Reporting procedures to the IRS. There is only a select group of specific items that are reportable by quantity. If you do not see the items spelled out in this blog, they are NOT REPORTABLE! Also any sales of the mentioned items that are under the specified limits are NOT REPORTABLE! We are your local Bullion and Coin specialists in San Antonio, Texas and we are committed to educating on all the ins and outs of Bullion/Coins as well as other Precious Metals and to stop the flow of false information. We are committed to providing a PRIVATE transaction for all of our customers and nothing is ever reported by us, unless it meets the Reporting Guidelines. This information is instrumental for you to make a decision on what you may want to sell and what type of quantity you may want to sell. Keep in mind Jewelry, Flatware, Dental Gold, Scrap Gold/Silver, and Sterling Silver are always exempt from IRS reporting guidelines. At Texas Gold and Silver Buyers of San Antonio, we are licensed with the State of Texas and we follow ALL legal guidelines pertaining to the law with Precious Metals, but on the other hand we feel it is important to spell out the law for you, so you can make your own informed decisions when it comes time to liquidate your Precious Metals. We are your No-Hassle, Fast, Safe, Friendly and Family Owned option to sell all of your Precious Metals. We are very aggressive buyers on Bullion, Coins, Jewelry, Scrap, Sterling Silver, Dental Gold, Flatware and Tableware. We give free NO PRESSURE quotes each and every day. Below you can follow up with all of the reporting guidelines! WHAT IS A W-9? A W-9 is a Request for Taxpayer Identification Number and Certification. It is a commonly used IRS form that individuals and businesses provide to businesses that are paying them. WHY WOULD I NEED TO FILL OUT A W-9? There are certain purchases of specific products in specific quantities (See Below) that require Texas Gold and Silver Buyers to file a 1099B. In order to file a 1099B, we must have a W-9 completed to have the necessary information in order to file that form. WHAT ITEMS ARE IRS-REPORTABLE ITEMS? The IRS has specific rules related to reportable transactions that require a Form 1099-B to be filed and those rules are included in the Form 1099-B instructions on the IRS website. The following are guidelines provided related to Precious Metal sales, and these guidelines, as well as the IRS rules, are subject to change at any time without notice.     James Avery Jewelry is a very familiar name in Texas and the entire United States. They are a family-owned company offering finely crafted jewelry in .925 sterling silver, 14K (58.5% Gold), and 18K (75% Gold) for both Men and Women. James Avery Jewelry has five manufacturing plants, ALL in Texas Hill Country. Hondo, Fredericksburg, Kerrville and Comfort Texas.
The James Avery Jewelry Company had very humble beginnings. James Avery started his jewelry business in the summer of 1954 in a 2 car garage with about $250. He started out by building a small workbench, then bought a few jewelers tools and scrap silver and copper. He had a burning desire to design and manufacture jewelry that had meaning for both him and prospective customers. It is reported that his number one goal was to create jewelry that had lasting value. A few years down the road in 1957 he mailed out his first catalog that was exclusively Christian Jewelry. It had 16 pages total and featured 39 handmade pieces of jewelry. This same year James Avery also hired his very first employee, by the name of Fred Garcia. Mr. Avery is quoted as saying "I had been doing everything myself - designing, sawing, polishing, finishing and selling. I thought 'what am I going to do? I can't saw that fast!" In 1965 The garage based company was eventually incorporated to James Avery Craftsman, Inc. Then two years later with the help of a modest loan, the James Avery company headquarters was constructed on 20 acres in the heart of the Texas Hill Country in no other than Kerrville, Texas. Ironically the location was not too far from that original 2 car garage where it all began. In an impressive run, 53 years after the founding of the company, Mr. James Avery officially stepped down as CEO. This was in May of 2007 and in fitting fashion passed the company to his son Chris. Sadly James Avery passed away on Monday, April 30, 2018, at the age of 96. The James Avery story is a true American Dream story. At Texas Gold and Silver Buyers we have a James Avery Jewelry expert on staff. This allows us to pay absolute TOP DOLLAR for your unwanted James Avery Jewelry items. Don't settle for scrap payouts on your James Avery Jewelry, make sure to get a quote from Texas Gold and Silver Buyers of San Antonio before selling as we are ALWAYS paying a premium on James Avery Jewelry. In addition to James Avery Jewelry, we also buy other designer Jewelry brands such as Tiffany and Company, David Yurman, John Hardy, Konstantino, and many others! We are also San Antonio's #1 Bullion, Coin, and Scrap buyers! We pledge a no-hassle, fast, safe and private transaction. We are devoted to offering TOP DOLLAR on all Gold, Silver, Platinum and Palladium Items. We Buy it all, even Dental Gold! Stop by or give us a call today! Texas Gold and Silver Buyers of San Antonio 3435 Thousand Oaks Dr. Suite 107 San Antonio, Texas 78247 210-441-2177 What is Plumb Gold? And what are some of these other strange markings on my Jewelry items?12/6/2018  Plumb gold is a technical term that many are not familiar with. Let's go ahead and get you familiarized with what it means! Up until 1981, in the United States, makers and manufacturers of karated gold jewelry could use gold that was around 13.5 karat (half-karated) and round up, in turn stamping the piece of jewelry 14K. In 1981, the National Gold and Silver Marking Act was passed through the United States Government no longer allowing the round off of half-karated gold. Gold had to be at least 14.0K before it was legally allowed to be stamped 14K. This is plumb gold. 14K means 14.0K or more and 18K means 18.0K or more. Jewelry made from 17.9K jewelry would legally have to be stamped 17K. Some manufacturers now stamp 14KP, for plumb gold. Often times people wrongly assume that this means the piece of jewelry is 14K gold plated. Plated gold is typically marked HGE for heavy gold electroplated or GE for Gold electroplated. In the United States we mark gold relating to karats. 24K gold is pure (also called Fine Gold). 14K means there is 14 parts out of 24 parts that are gold. The other alloys are 10 parts. This would translate to a 14k Gold piece of jewelry being 58% Gold. Typically speaking Europeans stamp their gold with the number of parts per thousand. A stamp for 750 (750 parts per thousand) is the marking for 18K gold. In addition 585 stands for 14K gold and 417 is 10K. In the United States, it is not legal to call something gold if it is alloyed below 10K. In England, the limit is 9K so it is common to see a stamp of 375 for 9K on jewelry that originated from there. Platinum is typically always going to be either 90 percent or 95 percent pure. The marks vary widely, but typically platinum is designated by PL, PT or PLAT or the full word. The marking 950 means 95 percent pure. Often times it is possible to have jewelry pieces that are actually precious metal with no markings. One possibility is that the stamps were removed during a jeweler doing work on the piece like sizing a ring. Another possibility is the piece was made before 1906, when Congress passed a law requiring jewelry to be properly stamped. If a piece looks Victorian and has no stamp, it was probably made before 1906. The reverse is not necessarily true. Some pieces made before 1906 were stamped. Don't ever throw out unmarked pieces until you have had a chance for a professional to take a look! At Texas Gold and Silver Buyers we utilize non destructive XRF X-Ray Testing to quickly test our customers items in a completely non destructive way. Unlike our competitors who will normally use the destructive Acid Testing method that is also very time consuming and nowhere near exact! If you have ever seen a ring with some strange numbers in it that do not correlate to the information lined out above, sometimes that is a model number or serial number or manufacturing mark. Most manufacturers have their own mark that they stamp onto jewelry that they manufacture. For example, Tiffany usually uses Tiffany & Co., but on small items they sometimes stamp T & C. At Texas Gold and Silver Buyers of San Antonio we are always here to verify your jewelry items and make TOP DOLLAR cash offers on them. But we also have a devotion to inform the public on all the less than known facts and information to do with everything Gold, Silver, Platinum and Palladium. Feel free to contact us or come by at anytime! Texas Gold and Silver Buyers 3435 Thousand Oaks Dr. Suite 107 San Antonio, Texas 78247 210-441-2177 www.texasgoldandsilverbuyers.com
 At Texas Gold and Silver Buyers of San Antonio we are very excited to announce our newest addition to our array of state-of-the-art testing equipment! We believe investing in the newest and best testing equipment directly benefits our customers. It also allows us to consistently day in and day out pay TOP DOLLAR, because we know exactly what we are buying and do not have to account for mistakes of buying fake Precious Metal items. Most Gold and Silver Buyers are still stuck on the old fashioned ways of testing. They utilize acids and a scratch stone to verify whether or not your precious metal items are real or fake. Not only is this extremely destructive, it is also very time consuming and far from precise. In addition the Acid Test is not reliable and can be fooled easily. This usually results in Gold and Silver Buyers using this method accounting for losses they are going to incur by being fooled by fake merchandise and buying it. When they have to account for almost definite losses using this method, you can count on that being reflected in their offers to you. Another con to this is you could be left with your items being damaged before you have even accepted their offer! This is not how we do business at Texas Gold and Silver Buyers of San Antonio. Many Gold and Silver Buyers want to file, snip, or cut your items so they can directly place acid on the items to see if it is genuine or not. We have jewelry, coins, and bullion come in weekly that has been damaged by another gold buyer. Usually with a noticeable file mark or scratches. We are left scratching our heads why they feel it is acceptable to damage a customer's merchandise before they have even made an offer and/or the customer has accepted their offer. At Texas Gold and Silver Buyers we have multiple state-of-the-art testing tools to allow us to NON DESTRUCTIVELY and NEAR PRECISELY test your items! Our line-up is unmatched by anyone one else in the San Antonio metro area. We utilize the following: State-of-the-Art Olympus Gold Xpert XRF X-Ray Sigma Metalytics Precious Metal Verifier Sigma Metalytics Precious Metal Verifier PRO Unfortunately these days there are numerous fake and counterfeit items running around. Coins, Bullion, Jewelry, you name it, Foreign Countries are counterfeiting it and getting better by the day. All the Gold and Silver Buyers are aware of this, but so many just account for the fake items they are going to buy using outdated testing methods, by lowering payouts to their customers. They just accept the fact they are going to buy fake merchandise by mistake. As in any business, losses or expenses are then passed on to the customers. This is why we have invested in the GOLD STANDARD of testing equipment! We are committed to paying our customers TOP DOLLAR - ALWAYS! If you have Coins or Bullion and would like to have them tested on our newest Sigma Metalytics PRO, come on by! We are happy to show you the unit, and test them for FREE. You heard that right, we are offering FREE peace of mind testing on Coins and Bullion. You are not going to find another place in San Antonio that is offering this service for free, and this is just another level of Customer Service that we are providing to our Customers and potential Future Customers! When we say Texas Gold and Silver Buyers of San Antonio is different from the others, WE MEAN IT! We are TOP DOLLAR Buyers of ALL Gold, Silver, Platinum and Palladium in San Antonio, Texas. We offer FREE, No-Pressure, No-Hassle quotes on your precious metal items each and every day. We buy Jewelry, Scrap, Scrap Gold, Scrap Silver, Sterling Silver, Coins, Bullion, and Dental Gold. Bottom line if it is Precious Metal, WE BUY IT! Sigma Metalytics PRO Demonstration!San Antonio, Texas, sell my gold, we buy gold, sell my silver, we buy silver, sell my coins, gold dealer, cash for gold, cash for silver, cash for coins, cash for watches, we buy diamonds, sell diamonds, Gold Buyers San Antonio, sell my jewelry, cash for jewelry, we buy jewelry, we buy platinum, sell my platinum, gold buyer, coin buyer, silver buyer, gold exchange, Gold Buyers, Where to Sell My Gold, San Antonio Gold Buyers, Sell my Jewelry, Jewelry Liquidation, Who Buys Gold, Sell My Silver, Sell my Flatware, Sell my Sterling, Who buys silver, Who Buys Sterling, Who Buys Jewelry, Sell Gold, Scrap Gold Buyers, Scrap Silver Buyers, Sell Silver, Sell Coins, San Antonio Silver Buyers, Diamond Buyers, Texas Gold and Silver Buyers, Cash For Diamonds, We Buy Diamonds, Who Buys Diamonds, Sell Diamonds, Sell My Bullion, Cash For Bullion, Bullion Buyers, Who Buys Bullion, Bullion Exchange, Jewelry Buyers
At Texas Gold and Silver Buyers of San Antonio, we have numerous interactions with our awesome customers each and every day. The past several months we have noticed a trend of customers being misinformed about Gold and Silver prices when they come in. Good news though, we have finally pegged down the culprit! Turns out Google, Alexa and Siri are guilty of this. If you Google, or ask Siri "What are the Gold Prices Today?" or similar, it turns out that they are returning results that are flat out wrong or misleading. We don't believe this is on purpose, but those search options are definitely pulling outdated information more often than not. Below I am going to show where today on 8/15/2018, a Google search was done on "What is the price of Gold?" The results not only returned an inaccurate quote, it also returns some confusing information on the price of gold per gram. We have tested Siri and Alexa as well and it seems they are also returning incorrect information. Again we don't think this is done on purpose, but just returning outdated results. The photo below of prices from Monex show the actual and real time prices of Precious Metals at the same exact time the Google search was done. We aren't saying that Monex is the one and only accurate and real time resource, as it is one of many. But a simple Google, Siri, or Alexa query or search is not producing the correct prices as of the time this blog is being authored. Furthermore if you do the same searches or queries with Google, Siri, or Alexa on the price of gold per gram, it is returning results of the price of 24k gold (Fine Gold). This can be very confusing to people not in the industry. Precious Metals are quoted for Fine Gold and Silver, not Karated Gold, Sterling Silver, Coin Silver or similar. If you would like to learn about how you can calculate the Spot or Market pricing of Karated Gold, Sterling Silver, etc. please see our blog post on that by clicking the gold button below the photos in this blog post. We strive for our customers to be in the know on all things Gold, Silver, Platinum and Palladium and felt it was very important to share where to accurately and reputably check Gold, Silver, Platinum and Palladium prices. In addition to Monex, another reputable Spot Pricing site that can be found is Kitco. These are just a few of the many, many options, but we can speak for both of these sites as being accurate and up-to-date by the second. We are in the process of updating our office to have the current Spot (market) prices of Precious Metals displayed at all times to ensure our customers an honest and transparent transaction. Come by and check us out TODAY!   At Texas Gold and Silver Buyers of San Antonio you can always count on an honest, transparent transaction. We offer FREE QUOTES and a No-Hassle approach to selling your precious metal items.
We Buy Gold Coins, Gold Bullion, Gold Jewelry, Scrap Gold, Dental Gold, Silver Coins, Sterling Silver, Scrap Silver, Silver Jewelry, and Silver Bullion. We give FREE quotes and there is never any pressure to sell. Stop by or give us a call TODAY! 210-441-2177 3435 Thousand Oaks Dr. Suite 107 San Antonio, Texas 78247
More than likely we have all seen stacks of Gold or Silver Bars in movies and cartoons throughout our lives. You might even recall "Scrooge McDuck" from a beloved American Cartoon swimming in his vault of Gold Bullion. The other most recalled perception of bullion is the large gold 'bricks' that many imagine are stored in Fort Knox. Bullion is pronounced “BULL-yən”, and properly refers to Precious Metals valued by weight in "bulk form." In popular culture portrayed by Hollywood, we envision Gold and Silver bullion in "bar or ingot" form, In reality Bullion can be in the form of bars, coins, ingots or rounds. The word 'bullion' can be simplified to much simpler definition: a refined and stamped weight of precious metal. At Texas Gold and Silver Buyers of San Antonio, we are Gold, Silver, and Platinum Bullion experts. We are devoted to being your Fast, Friendly, Honest, Safe and Trusted Gold / Silver Exchange. With all the fake Bullion floating around these days, most Gold and Silver Buyers will want to destructively test your bullion before making an offer, NOT US! We exclusively use the Sigma Metalytics Precious Metal Verifier to verify Bullion. It is fast, non destructive and EXTREMELY accurate! It can even read through plastic if your bullion is sealed. We have many customers tell us that other buyers even said they had to cut their bar or round in half before they would buy. In our opinion that is highly unprofessional and if they are buying destroyed bullion, then that means they are refining it. And if they are refining it, you can be guaranteed that you are not being paid TOP DOLLAR, as refining fees are involved.  We offer hassle-free, NO PRESSURE quotes each and every day. We welcome anyone looking to liquidate their Gold or Silver Bullion to give us a call or come by today! In addition to buying Gold, Silver, and Platinum Bullion we also purchase ANYTHING that is Gold, Silver, Platinum or Palladium. This includes but is not limited to: Jewelry (broken or not), Scrap, Coins, Dental Gold, and Sterling Silver.
We are conveniently located at: 3435 Thousand Oaks, Suite 107 San Antonio, Texas 78247 210-441-2177 |
AuthorThanks for stopping by our blog. My name is Evan and I am the owner of Texas Gold and Silver Buyers in San Antonio. From time to time I will post blog entries to help educate and inform our customers and potential future customers on all aspects of Precious Metals (Gold, Silver, Platinum & Palladium!) Archives
March 2020
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