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Gold and Diamonds Make a Nice Addition to Any Wardrobe

Posted on October 16th, 2013 by Goldman Buyer

Gold and Diamonds Make a Nice Addition to Any Wardrobe The Aztecs call gold “teocuitlatl” which, when translated, means “excrement of the gods.” Although gold has been used and treasured for centuries, more than 90% of all gold has only been mined since 1848. In that year, prospectors found gold at Sutter’s Mill, California, sparking the most massive gold rush of all time.

Nowadays, gold sales online and in stores mean that the precious metal is readily available. As a result, consumers are able to easily head to jewelry stores and retailers to pick up beautiful gold necklaces, bracelets, rings, earrings, and all kinds of other jewelry.

The term 14 carats is often associated with elegance or high quality, but many people do not know exactly what that means. A piece of 14K gold is 14 parts gold mixed with 10 parts of a different metal. Though it is not necessarily pure gold, the percentage of gold is still high enough that, to the consumer, noticing the difference is virtually impossible.

Regardless of the carat rating, many investors will choose to buy gold as a hedge against potential economic or potential currency crises. The value of gold is constantly on the rise, so owning some could be a good way to prevent losing it all during economic strife.

Gold can be a great investment because its value is determined completely by the marketplace, rather than the supply. There is a huge quantity of gold stored above ground, compared to annual production, so changes in production have less impact on the price than changes in demand. Though there have been some dips and anomalies, the value of gold has gone up consistently over the past few decades, so investing in gold is almost always a safe bet.

While diamonds might not be as strong of an investment, there are lots of reasons to buy a diamond for sale. While some might become a diamond buyer simply because they like to collect the precious stones, others might be looking for jewelry that pops even more than gold does. In fact, buying a diamond for sale is something that millions of men do every year when they hope to propose. When it comes to jewelry, diamonds and gold fit together beautifully, making those items a popular choice for weddings and lots of other special occasions.

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Customer Testimonial

Had a Great Experience

"I drove all the way from the south side just to sell my silver to Chicago Gold Gallery because of the knowledge and professionalism I received on the phone. They gave me top dollar for my silver and were so fast and friendly. I definitely recommend this business!"

Date: 10/27/2017 • 5 / 5 stars ★★★★★

Can't say enough about this place.

This is the most welcoming, non-pretentious place to do business! I was researching where to sell sterling silver I had and ended up choosing here based on the other great reviews. They walked me through the whole process and answered my questions. I got a great price for my items & will go there again.

Date: 09/17/2018 • 5 / 5 stars ★★★★★

Love this place!

Chrissy & Joe are all super friendly and easy to work with. I trust them and they will do whatever they can to help you including giving you advice on what you have or what you should look for. I won't ever go anywhere else and I've recommended it to several friends.

Date: 08/02/2015 • 5 / 5 stars ★★★★★

I would do business with them again

I had a large collection of silver coins sitting in my safe deposit box for 15+ years. Chrissy was so friendly and helpful she even gave me advice about coins I didn't know. She was more than happy to help me for over an hour in between taking care of other customers. They really did give me top dollar for my coins. Whether you are new or a pro with coins, I can highly recommend you take them here!

Date: 02/22/2020 • 5 / 5 stars ★★★★★

Don't Hesitate to call...

I find that Joe at Chicago Gold Gallery consistently offers and pays more for my coins than coin dealers in Chicagoland. He's very nice and easy to deal with. Don't hesitate to call him and preferably visit him.

Date: 12/04/2015 • 5 / 5 stars ★★★★★

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