Sunday, March 21, 2010
A Layman's Guide to Economic and Financial Collapse
In Gold We Trust in an online Coin Bullion and Scrap Gold Calculator giving up to the minute Scrap Gold Prices, Values of Silver Dollars and other Junk Silver Coins
Friday, March 19, 2010
Scrap Gold Price Report March 19th 2010
Scrap Gold Prices Report - Friday March 19th 2010 Sc
(2010-03-19 17:50:42, author: , source: )
Gold per troy ounce closed at $1107 Friday March 19th 2010
Scrap Gold Price Per Gram
10k =$14.85per gram
14k = $20.84 per gram
18k = $26.71 per gram
22k = $32.62 per gram
24k = $35.62 per gram
Scrap Gold Price Per Ounce
10k =$461.99 per troy ounce
14k =$648.12 per troy ounce
18k = $830.92 per troy ounce
22k = $1014 per troy ounce
Visit the In Gold We Trust Scrap Gold Calculator for the most up to date prices
(2010-03-19 17:50:42, author: , source: )
Gold per troy ounce closed at $1107 Friday March 19th 2010
Scrap Gold Price Per Gram
10k =$14.85per gram
14k = $20.84 per gram
18k = $26.71 per gram
22k = $32.62 per gram
24k = $35.62 per gram
Scrap Gold Price Per Ounce
10k =$461.99 per troy ounce
14k =$648.12 per troy ounce
18k = $830.92 per troy ounce
22k = $1014 per troy ounce
Visit the In Gold We Trust Scrap Gold Calculator for the most up to date prices
Tuesday, March 16, 2010
How to Work Out the Value of Canadian Coins that Contain Silver
This article gives steps on how to calculate the value of both old Canadian coins (junk silver coins) that contained silver and also different Canadian Maple Leafs made of silver and gold.
Canadian Junk Silver Coins are dimes, quarters, halfs and dollars minted up to 1968. Depending on the year they were minted they have varying amounts of silver in them. See list below
1900-1919 Dime (92.5%)
• 1920 -1967 Dime (80%)
• 1967-1968 Dime (50%)
• 1900 -1919 Quarter (92.5%)
• 1920 - 1967 Quarter (80%)
• 1967-1968 Quarter (50%)
• 1901-1919 Half Dollar (92.5%)
• 1920-1967 Half Dollar (80%)
• 1935-1967 Dollar (80%)
Organize your coins according to type and year of mint
Step
2
Go to www.in-gold-we-trust.info to get the current price of silver.
To work out the value of your coin multiply the price of silver by the content of silver in the coin. For example the price of silver is $16 you have a 1910 dime so the value is 16x0.0693= $1.49
1900-1919 Dime (92.5%) = 0.0693 troy ounces of silver
• 1920 -1967 Dime (80%) = 0.0599 troy ounces of silver
• 1967-1968 Dime (50%) = 0.0375 troy ounces of silver
• 1900 -1919 Quarter (92.5%) = 0.1734 troy ounces of silver
• 1920 - 1967 Quarter (80%) = 0.15 troy ounces of silver
• 1967-1968 Quarter (50%) = 0.0937 troy ounces of silver
• 1901-1919 Half Dollar (92.5%) = 0.3456 troy ounces of silver
• 1920-1967 Half Dollar (80%) = 0.2989 troy ounces of silver
• 1935-1967 Dollar (80%) = 0.6001 troy ounces of silver
Step
3
Other Canadian Coins -
The Canadian Mint issues "Maple Leaf" Coins in Gold Silver and Platinum.
Here is some information on the coins and their gold content
Gold
$50 Maple Leaf = One ounce of pure gold
$20 Maple Leaf = Half ounce of pure gold
$10 Maple Leaf = Quarter Ounce of pure gold
$5 Maple Leaf = 1/10th Ounce of Pure gold
$1 Maple Leaf = 1/20th ounce of pure gold
Silver Maple Leafs are minted in Just one Ounce Coins
Platinum Maple Leafs
$50 Maple Leaf = One Ounce of Pure Platinum
$20 Maple Leaf = Half Ounce of Pure Platinum
$10 Maple Leaf = Quarter Ounce of Pure Platinum
$5 Maple Leaf = 1/10th Ounce of Pure Platinum
$2 Maple Leaf = 1/15th Ounce of Pure Platinum
$1 Maple Leaf = 1/20th Ounce of Pure Platinum
Remember Denominations under 1 ounce of platinum maple leafs have not been minted since 2002.
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Or get the Gold Bug Scrap Gold Calculator for your iPhone or Android
Canadian Junk Silver Coins are dimes, quarters, halfs and dollars minted up to 1968. Depending on the year they were minted they have varying amounts of silver in them. See list below
1900-1919 Dime (92.5%)
• 1920 -1967 Dime (80%)
• 1967-1968 Dime (50%)
• 1900 -1919 Quarter (92.5%)
• 1920 - 1967 Quarter (80%)
• 1967-1968 Quarter (50%)
• 1901-1919 Half Dollar (92.5%)
• 1920-1967 Half Dollar (80%)
• 1935-1967 Dollar (80%)
Organize your coins according to type and year of mint
Step
2
Go to www.in-gold-we-trust.info to get the current price of silver.
To work out the value of your coin multiply the price of silver by the content of silver in the coin. For example the price of silver is $16 you have a 1910 dime so the value is 16x0.0693= $1.49
1900-1919 Dime (92.5%) = 0.0693 troy ounces of silver
• 1920 -1967 Dime (80%) = 0.0599 troy ounces of silver
• 1967-1968 Dime (50%) = 0.0375 troy ounces of silver
• 1900 -1919 Quarter (92.5%) = 0.1734 troy ounces of silver
• 1920 - 1967 Quarter (80%) = 0.15 troy ounces of silver
• 1967-1968 Quarter (50%) = 0.0937 troy ounces of silver
• 1901-1919 Half Dollar (92.5%) = 0.3456 troy ounces of silver
• 1920-1967 Half Dollar (80%) = 0.2989 troy ounces of silver
• 1935-1967 Dollar (80%) = 0.6001 troy ounces of silver
Step
3
Other Canadian Coins -
The Canadian Mint issues "Maple Leaf" Coins in Gold Silver and Platinum.
Here is some information on the coins and their gold content
Gold
$50 Maple Leaf = One ounce of pure gold
$20 Maple Leaf = Half ounce of pure gold
$10 Maple Leaf = Quarter Ounce of pure gold
$5 Maple Leaf = 1/10th Ounce of Pure gold
$1 Maple Leaf = 1/20th ounce of pure gold
Silver Maple Leafs are minted in Just one Ounce Coins
Platinum Maple Leafs
$50 Maple Leaf = One Ounce of Pure Platinum
$20 Maple Leaf = Half Ounce of Pure Platinum
$10 Maple Leaf = Quarter Ounce of Pure Platinum
$5 Maple Leaf = 1/10th Ounce of Pure Platinum
$2 Maple Leaf = 1/15th Ounce of Pure Platinum
$1 Maple Leaf = 1/20th Ounce of Pure Platinum
Remember Denominations under 1 ounce of platinum maple leafs have not been minted since 2002.
The In Gold We Trust is an Online Junk Silver and Gold Calculator that gives easy up to the minute silver dollar values, prices on all junk silver coins as well as scrap gold prices and the value of gold coins
Or get the Gold Bug Scrap Gold Calculator for your iPhone or Android
How to Work Out Scrap Gold Prices
As people look to cash in their old unwanted gold jewelry it is important for them to know the value of their scrap gold items. This article gives easy steps on how to calculate scrap gold prices
First you need to establish the gold purity of the scrap gold you have. For jewelry this is easy. Gold jewelry is classified in terms of karats (10k, 14k, 18k ,22k). It is usually marked on the jewelry item - you may need you magnifying glass for this.
For other scrap gold items such as CPU chips, gold flake and so on you can establish the purity of the gold by doing an acid test. you can get an acid test kit from ebay.
Once you know the karat value of of your scrap gold then you need to weigh it - knowing the weight in ounces or grams is fine.
Gold under 24 karat is a percentage of pure gold mixed in with other base metals. The percentages for different karats are as follows
10k = 41.7% pure gold
14k = 58.5% pure gold
18k = 75% pure gold
22k = 91.6% pure gold
Example in Ounces
I have 2 ounces of 14k gold. The current gold price is $1100 so the value of my gold is as follows
1100 x 0.585 x2 = $1287
Example in Grams
I have 5 grams of 14 karat gold and the gold price is $1100 per ounce
Gold price per gram = 1100/31.1034768=$35.37
Value of my gold = 35.37x0.585x 5=$103.44
Get the Gold Bug scrap gold calculator for iPhone or Android
First you need to establish the gold purity of the scrap gold you have. For jewelry this is easy. Gold jewelry is classified in terms of karats (10k, 14k, 18k ,22k). It is usually marked on the jewelry item - you may need you magnifying glass for this.
For other scrap gold items such as CPU chips, gold flake and so on you can establish the purity of the gold by doing an acid test. you can get an acid test kit from ebay.
Once you know the karat value of of your scrap gold then you need to weigh it - knowing the weight in ounces or grams is fine.
Gold under 24 karat is a percentage of pure gold mixed in with other base metals. The percentages for different karats are as follows
10k = 41.7% pure gold
14k = 58.5% pure gold
18k = 75% pure gold
22k = 91.6% pure gold
Example in Ounces
I have 2 ounces of 14k gold. The current gold price is $1100 so the value of my gold is as follows
1100 x 0.585 x2 = $1287
Example in Grams
I have 5 grams of 14 karat gold and the gold price is $1100 per ounce
Gold price per gram = 1100/31.1034768=$35.37
Value of my gold = 35.37x0.585x 5=$103.44
Get the Gold Bug scrap gold calculator for iPhone or Android
Saturday, March 13, 2010
How to Buy Gold - On a Budget
Buy Old Gold Jewelry
As funny as it may sound buying old gold jewelry is an excellent and easy way to get into investing in gold - especially for those on a budget. Old jewelry is often referred as scrap gold, the price of the scrap gold item will always reflect the current price of gold. For example someone has an 18k wedding band that weighs 3 grams. 18k gold is 75% pure gold mixed with other metals. The gold price per gram at the moment is around $35. 18k gold is therefore $26.50 per gram so the ring is worth $79.68. As the gold price gold up and down so will the value of your ring in proportion to the amount of gold in it. So you have just made a gold investment for under $100. If you buy 10k or 14 rings then obviously it will get cheaper. The trick is knowing the scrap gold value of an item. If you go to www.in-gold-we-trust.info there is a scrap gold calculator that will calculate the value of any scrap gold item.
Scrap gold can be bought easily on Ebay or try your local coin shop or second hand jeweler. You don't want to be paying more than 10% above the scrap gold value of the item though.
Buy Old European Coins
Over 100 years ago almost all European countries had gold coins in circulation, these coins contain small fractions of pure gold in them. An Austrian 1 ducat for example has just over one tenth of an ounce of gold in them. A half British Sovereign has 0.1177 of an ounce of pure gold - pricing them at just over $100. The only draw back with these coins is calculating the current value because they all have very odd amounts of gold in them. If you go to www.in-gold-we-trust.info the gold calculator will calculate the current value of any of these coins.
Buy Silver
Silver is also a precious metal and its price tends to rise and fall with that of gold (click here for explanation of the Gold to Silver Ratio). It is also much cheaper than gold with an ounce costing under $20 at todays prices. What is even better is junk silver coins - old US coins such as Kennedy Half Dollars , Morgan Silver Dollars, Peace Dollars and So On. The great thing about these coins is that they are very low denomination for example a Mercury Silver Dime will cost you under $2. Its value will always reflect the price of silver and you can keep adding to your collection even on a very small budget.
You want to find a dealer that will sell you these coins in small quantities, try your local coin deall or once again Ebay is a great place.
The trick with these coins also is to know the current silver value of each coin you are thinking of purchasing. Go to the In Gold We Trust website linked below and their calculator will give you up to the minute prices on all junk silver coins
In Gold We Trust is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will give you up to the minute scrap gold prices,calculate the price of all your gold coins, junk silver coins, old US coins etc
As funny as it may sound buying old gold jewelry is an excellent and easy way to get into investing in gold - especially for those on a budget. Old jewelry is often referred as scrap gold, the price of the scrap gold item will always reflect the current price of gold. For example someone has an 18k wedding band that weighs 3 grams. 18k gold is 75% pure gold mixed with other metals. The gold price per gram at the moment is around $35. 18k gold is therefore $26.50 per gram so the ring is worth $79.68. As the gold price gold up and down so will the value of your ring in proportion to the amount of gold in it. So you have just made a gold investment for under $100. If you buy 10k or 14 rings then obviously it will get cheaper. The trick is knowing the scrap gold value of an item. If you go to www.in-gold-we-trust.info there is a scrap gold calculator that will calculate the value of any scrap gold item.
Scrap gold can be bought easily on Ebay or try your local coin shop or second hand jeweler. You don't want to be paying more than 10% above the scrap gold value of the item though.
Buy Old European Coins
Over 100 years ago almost all European countries had gold coins in circulation, these coins contain small fractions of pure gold in them. An Austrian 1 ducat for example has just over one tenth of an ounce of gold in them. A half British Sovereign has 0.1177 of an ounce of pure gold - pricing them at just over $100. The only draw back with these coins is calculating the current value because they all have very odd amounts of gold in them. If you go to www.in-gold-we-trust.info the gold calculator will calculate the current value of any of these coins.
Buy Silver
Silver is also a precious metal and its price tends to rise and fall with that of gold (click here for explanation of the Gold to Silver Ratio). It is also much cheaper than gold with an ounce costing under $20 at todays prices. What is even better is junk silver coins - old US coins such as Kennedy Half Dollars , Morgan Silver Dollars, Peace Dollars and So On. The great thing about these coins is that they are very low denomination for example a Mercury Silver Dime will cost you under $2. Its value will always reflect the price of silver and you can keep adding to your collection even on a very small budget.
You want to find a dealer that will sell you these coins in small quantities, try your local coin deall or once again Ebay is a great place.
The trick with these coins also is to know the current silver value of each coin you are thinking of purchasing. Go to the In Gold We Trust website linked below and their calculator will give you up to the minute prices on all junk silver coins
In Gold We Trust is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will give you up to the minute scrap gold prices,calculate the price of all your gold coins, junk silver coins, old US coins etc
Wednesday, March 10, 2010
Jim Sinclair Interview 3/10/10
This is the second part of the interview with Eric King. This is an excellent interview where Jim goes in depth about how Greece is being taken down through derivative trades and how a global currency would be linked to gold.
Jim Sinclair Interview Part 2
Jim Sinclair Interview Part 2
Monday, March 8, 2010
Mr Gold Jim Sinclair on Kingworld News Again
Dont miss this interview with Jim Sinclair on King World News
Click Here
In Gold We Trust is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will give you up to the minute scrap gold prices,calculate the price of all your gold coins, junk silver coins, old US coins etc
Click Here
In Gold We Trust is a website offering information on buying and selling and collecting gold and other precious metals. The Scrap Gold Calculator will give you up to the minute scrap gold prices,calculate the price of all your gold coins, junk silver coins, old US coins etc
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