wnyc.org / 93.9fm / am 820

Comments

• [1] Alvin from Manhattan July 29, 2009 - 10:53AM

  So we've gone from tea parties to Mr. T parties?

  
  
• [2] Lori from Montclair, Nj July 29, 2009 - 10:54AM

  I went to 47th Street a few weeks ago to buy a ring for my stepdaughter.

  As I was parking and walking down the street, I was approached by several vendors asking "are you SELLING?" It's been a year or so since I've been to the Diamond District but the experience is usually about people approaching you to get you to BUY in their shop.

  I was really struck by the shift.

  
  
• [3] Hugh from Brooklyn, NY July 29, 2009 - 10:55AM

  Two things:

  1. For god's sake, don't spread the news around if you're burying gold in your basement.

  2. Check to make sure that gold jewelry or whatever is not *more valuable* as an artifact, antique, etc.

  Back when silver was soaring decades ago, British buyers saw two and three-hundred year old tea services being melted down -- things that were vastly more valuable as collectibles.

  
  
• [4] Amy from Manhattan July 29, 2009 - 10:56AM

  "The only thing that never loses value"? "It's gone up every year"? Isn't that what they used to say about real estate?

  
  
• [5] Barry from Elmira, NY July 29, 2009 - 11:12AM

  Just a word for sellers. It's one thing to sell broken gold for scrap price but look over what you have first. Anything signed by a good maker or antique could be worth a lot more than scrap value. A little signature like Tiffany or Cartier can make a piece demand much more. Even unsigned pieces with great workmanship should be worth more than scrap. I assure you these buyers know what is what but they are certainly not going to tell you.

  
  
• [6] Ron July 29, 2009 - 11:19AM

  glenn beck is not cute, Brian. He just called the President a racist who hates white people and white culture. Sad that I feel obliged to say that that is wildly irresponsible and dangerous. It is bad enough that he has a big audience, but do you need to increase his Q ( or whatever it's called.)

  
  
• [7] Joe Mirsky from Pompton Lakes, NJ July 29, 2009 - 11:56AM

  Lisa Miller's comment about selling your gold for 8% under the market price of gold only applies to gold bullion and coins, not gold jewelry. That would be impossible considering that 14 karat gold is nominally 58.3% gold and is sold at 13 1/2 karat or 56.25%. If you click the link to my website posted on the gold selling segment, then click the "Local Shopping" link at the upper right of the home page, you can download a pamphlet that explains all that. the link is located right below the box with the live precious metals prices.

  
  
• [8] Ben July 30, 2009 - 09:58AM

  I would strongly suggest checking out the Silver and Gold Exchange before selling gold or silver to ANYONE. I did a great deal of research, online and offline, and learned a lot about this business. I checked pawn shops, jewelers, "gold parties", hotel "buying events as well as the online buyers, including the "as seen on tv" guys. I found that the Silver and Gold Exchange paid more than anyone else I could find. I liked the fact that they post the prices they pay per gram (beware of the places that quote in pennyweight/DWT) on a live price chart at http://SilverAndGoldExchange.com I also checked out their Better Business Bureau report and found they have never had a single complaint as opposed to HUNDREDS of complaints some other companies have! I recommend them 100%

  
  
• [9] Joe Mirsky from Pompton Lakes, NJ July 30, 2009 - 01:49PM

  re Ben's comment "beware of the places that quote in pennyweight/DWT". Pennyweights are the standard measure for gold scrap, not grams. Grams are the standard unit of weight when you buy a gold chain, but not for gold castings or scrap. But it makes no difference what the unit is. The conversion factor is 1 pennyweight = 1.555 grams. Do the math.