Gold Chains for Sale

 

Buy Gold Chains at the Right Price

 

Do You Want to Get a Great Deal on a Gold Chain?

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Gold Chains are Wearable Wealth

• You can naked wearing your gold jewelry.  That not possible with gold bullion
• Purchased at the right price, chains are a good way to keep your wealth with you
• Depending on how you wear It, and gold jewelry does not have to be a way to flaunt wealth, but a way to carry it by wearing it
• Enjoy wearing something nice, that does not depreciate, and that if you need, you can quickly liquidate for cash

 

Gold chains are always going to be considered jewelry, as opposed to bullion.   However, the original function of precious metal jewelry (mostly gold and silver), is that it is wearable wealth.  This applies mostly to gold but is true also of silver, but to a lesser extent, since it not as expensive.   Platinum and Palladium jewelry also fit the bill.  This article is about how this works.

Being made out of precious metal, gold chains are always going to be worth something, at least for the material it is made of.   How much a gold chain preserves your wealth depends on how much you pay a chain, and how long you keep it, and the gold market at that moment.

A good example of jewelry made for the purpose of wearing wealth is Middle Eastern and Thai gold jewelry.  This type of gold jewelry is not elaborate.  Its value is not based on its looks, but in how much fine gold is in them.  The Baht chain standard is 23.5 karat.  The Middle Eastern standard is 90% (21.5 Karat).  So when sold, especially in their area of origin, these types of gold chain are priced based on those facts.

 

Gold Chains as Wearable Wealth Examples

My office is across from a parking lot structure.  Most of the attendants are Somali and Eritrean.  A lot of them wear nice high karat gold chains.  Most likely they did not buy the chains here in Portland.  Not only that, they don’t earn that much working there.  They came with them as a way to transport their wealth and carry it with them all the time.  A place like Somalia is a lot less safe than the living in Portland.  Thus they need to carry their valuables with them.  So the high karat gold chain does a great job.  If they need the money, they can always sell the chain to a gold buyer such as me.

If you are from Portland and are in San Diego, and for some reason, you can’t use your ATM or credit card and have no more cash, you can always sell your gold chain to a gold buyer and now have cash.  Maybe you are in Brazil, and for some reason, your credit card does not work.  Now what.  You can sell your gold chain for sure.

Another instance is when traveling overseas.  When exiting the USA, at customs you will be asked to declare if you have 10,000 or more in cash, precious metals or tradeable financial instruments (cashier’s check, bonds, etc).   At least in the USA, you don’t need to declare the jewelry you are wearing, which can be worth a lot of money.  The same is when arriving in another country, or coming back to the USA.

Being a gold buyer, I get to meet a lot of people that are in the process of moving to Portland.  If you are moving in from the East Coast, you will most likely not bring your couch but your gold.  One same day, two young gentlemen sold me gold items.  One was moving here from Michigan.  The other one from Yemen.  Although they were from different backgrounds, they both did the same.  They liquidated their wearable precious metal items for using the capital to establish themselves here in Portland.