Gold and Silver – The rise and fall – How it affects your estate sale.

goldIn October of 2012 gold was selling at $1792.52 a troy oz. Today it is selling at $1244.29. A big change. Estate Sales companies need to stay up to date with gold and silver. There are many websites and phone numbers they can call when pricing your gold and silver for an estate sale. Of course, if you are talking about gold from Tiffany, Harry Winston or some other designer manufacturer that will influence the value greatly.

It is very important when choosing an estate sale company that you inquire if they can weigh your gold or silver, how or where they research value and design and if they can test unmarked gold for 10kt, 14kt, 18kt, 22kt or 24kt. If it is European gold it could even be 7kt. gold. A professional estate liquidator should be knowledgeable in all these areas and if not should have an expert to assist. Remember asking is your responsibility and it should be up to them to respond. If in doubt perhaps you should interview another company. It is your financial bottom line.

Questions are always welcomed at carol@estatesalesnews.com. It may take a day or so to answer, but we will do our best to respond as soon as possible.

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