Posts Tagged ‘ sell gold ’

What Does the High Price of Gold Mean?

Over the past few days, the price of gold has skyrocketed, reaching record highs and even briefly surpassing platinum prices. As the uncertain future of the US economy and European markets make traders nervous, gold continues to seem like a sure bet – making it even more valuable. But what does the higher price of gold actually mean?

Criminals have noticed that Gold is more expensive too.

gold, gold price, jewelery, raymond lee jewelers

Noah Seelam/AFP/Getty Images

A wave of gold-related robberies and thefts have been reported across the globe. Matthew Phillips of Freakonomics blog reports on L.A.’s rash of street-robberies and smash-n-grabs, as well as robberies and street muggings in Iraq and Guyana. Retailers and the general public should be extra vigilant while gold prices soar.

Gold will continue to be a desirable addition to investor portfolios.

Raymond lee Jewelers, Kitco gold prices

Gold Prices for 8/23/11

According to the Wall Street Journal, “…a selloff in gold is unlikely in the current economic environment as investors will be hard put to find an alternative asset that can protect their wealth as well as gold,” said George Gero, a vice president with RBC Capital Markets Global Futures.

Traders will be affected by the price of gold in the markets.

Raymond Lee Jewelers in action at an auction.

For the second time this year, The Shanghai Gold Exchange raised the margin requirements on gold futures contracts by 1%, making investors pay more up front to buy gold.

Big Prices mean Big Business for Jewelers who buy gold.

Raymond Lee Jewelers - We Buy Gold

As the line for gold prices ticks up on market graphs, the lines out the doors of jewelers grow longer. Americans looking to cash in on their unwanted or unworn gold are flocking to jewelers who buy gold. Once scrap gold is purchased, it can be purified and turned into gold bars or re-cast for different pieces of jewelry.

Readers, have you sold gold before? Are you more likely to now that you can earn a substantial amount for the gold you own? And jewelers – have you noticed an uptick in business (we have at Raymond Lee Jewelers!)? Have you beefed up security measures in light of gold’s higher prices?

Discuss below,

Liz for Raymond Lee Jewelers, South Florida’s most trusted gold and jewelry buyers.

Visit Raymond Lee Jewelers at Booth #1455: The Las Vegas Antique Jewelry & Watch Show

Now through June 5th, 2011 Raymond Lee Jewelers can be found at Booth #1455 of The Las Vegas Antique Jewelry & Watch Show, exhibiting an impressive collection of vintage watch and jewelry inventory!

Stop by and visit the largest Trade Show of its kind in the USA. For more information on US Antique Shows, please visit

Thus far, all reports show that the 2011 Las Vegas Antique Jewelry & Watch Show is an abundant success. With many visitors to the famous trade show, and the recent partnership with Polygon, Exhibitors and Attendees to this year’s Trade Show are being offered extended areas of service this season.

The Raymond Lee Jewelers Booth (#1455) was set up yesterday, and I was able to obtain this photograph.. (Pre-Setup) 🙂

Stay Tuned for Rapid Reporting Updates on the 2011 Las Vegas Antique Jewelry & Watch Show!

Raymond Lee Jewelers: Booth #1455

Las Vegas Antique Jewelry & Watch Trade Show: Rapid Reporting via The Raymond Lee Jewelers Blog

“We’re waiting to get in..”
-Wednesday, June 1st 12:53p.m.

This was a message received while the crew of Raymond Lee Jewelers Las Vegas Venturers awaited the opening of Paris Hotel’s Grand Ballroom, where initial steps to register for the Las Vegas Antique Jewelery & Trade Show were about to commence.

2011 Las Vegas Antique Jewelry & Watch Show

Today, June 2nd, will mark the first day of the annual Antique Jewelry & Watch Show in Las Vegas, the largest trade show of its kind in the United States.  For more information about US Antique Shows, including their upcoming Chicago based jewelry exhibit, visit

Las Vegas Antique Jewelry & Watch Show Registration: June 1st (1:14pm EST)

It has been officially confirmed that Raymond Lee Jewelers have successfully been cleared through all the ropes, and starting today through June 5th, you can find us at Booth #1455, Paris Hotel Antique Jewelry & Watch Show held in the Banquet Hall.

Please visit for further information regarding the US Antique Trade Shows, and for ticket, directions or hotel specials available!

Hours are 11am to 7pm Today through Saturday and 11am to 4pm on Sunday

Gold Rises Above $1,500 an Ounce for the First Time Ever

Oil Prices, if you haven’t noticed, are skyrocketing to all new highs across the Country. The value of the USD has been steadily decreasing over a span of fifteen consecutive months, reaching a record-breaking low on Wednesday.

Daily Markets analyst Michael Snyder explains that as a result of the progressive weakening of the US Dollar, the appeal of Gold and Silver is boosted.  There are also high demands for gold from emerging economies like China and India, which help to fuel the rise in gold’s value.

Spot gold traded at $1,505.21 an ounce and was bid at $1,505.16 an ounce at 5:42 a.m. ET, against $1,493.90 late in New York on Tuesday, Reuters reported.

….Read more

Mike Maloney on the continued rise of value in Gold

What This All Means for Our Readers, Customers and Consumers Nationwide:

In these challenging economic times, many consumers have taken advantage of selling rarely worn jewelry pieces, high-end watches, and even scrap gold and silver. With payouts for these metals at an all-time high, it’s best to strike while the iron is hot!

If you have any pieces of gold jewelry that have been sitting in a drawer or treasure box at home for years, timepieces or wristwatches that have gone unworn, or even gold coins that you have considered selling…  NOW is the time.

This very well may be your last chance to make such strong a profit from your gold pieces.  Below you will find a list of the prices are currently paying for Gold at Raymond Lee Jewelers.  At $1503 per oz., Raymond Lee Jewelers is currently paying out the following:

Gold per dwt:

10K – $22.55

14K – $37.58

18K – $51.10

Gold per gram:

10K – $15.00

14K – $25.00

18K – $34.07

Gold per ounce:

10K – $450.00

14K – $752.00

18K – $1022.00

Pennyweight and grams are the two terms most commonly used to measure the weight of gold. To convert either measurement to ounces:

1 troy ounce = 20    dwt
1 troy ounce = 31.1 grams

So, if you do have some jewelry pieces or gold coins that you’ve been thinking of selling, now is the time to take those items in for an evaluation at Raymond Lee Jewelers. There is no pressure to sell, and written appraisals are available with a scheduled appointment, which can easily be made by calling us directly at (561) 750-7808.

Raymond Lee Jewelers at the Barrett-Jackson Palm Beach 2011 Auction: Buying Your Jewelry!

West Palm Beach

Image via Wikipedia

Raymond Lee Jewelers is proud to announce its upcoming participation in the Palm Beach 2011 Barrett-Jackson Collector Car Event!

The Barrett-Jackson Palm Beach 2011 Auction will be taking place April 7th- 9th, 2011 at the South Florida Fairgrounds in Palm Beach, Florida.

We will be present all three days of the Event, located at Booth EH32. As the Auction draws near, we will keep all of our valued readers updated as to exactly where you can find us at the South Florida Fairgrounds during the Palm Beach 2011 Barrett-Jackson Collector Car Event.

Raymond Lee Jewelers will be offering to purchase your designer jewelry or timepieces, offering an impressive display of designer jewelry and luxury timepieces for purchase, as well as giving visitors the option to trade their luxury jewelry pieces.

Looking Forward to Seeing You There!


Event and Ticket Information:

9th Annual Barrett-Jackson Palm Beach Collector Car Auction

South Florida Fairgrounds

9067 Southern Blvd

West Palm Beach, FL  33411

(480) 663-6255

Click Here for Site Map

Purchase Your Tickets for the Barrett-Jackson Palm Beach 2011 Auction HERE!

Most Stunning Jewelry at the Oscars?- Sell Gold

Sell Gold

Sell Gold

This year’s Oscars was pretty lackluster compared to previous years; between hosts James Franco’s barely disguised disdain for the entire event,  no surprise wins (Social Network was largely ignored) and the painfully middle of the road jokes, this year’s Oscars was one of the worst in recent memory. It seem the red carpet is one of the last vestiges of hope we have for actual entertainment on Oscar night. Luckily Hollywood’s top celebrities did not let me down as they were wearing jewelry that was truly stunning and was definitely worth watching. Sell Gold.

Perhaps the most stunning display of jewels was worn by actress Amy Adams, who is famous for her role in Enchanted and Julie & Julia. Ms. Adams was wearing an amazing $1.35 million dollars worth of gems from Cartier. On her wrist was a platinum, diamond and emerald haute joaillerie secret watch bracelet, worth $1.025 million. On her  other wrist she was sporting a 30.75 carat carved emerald bracelet adorned with 575 diamonds. The final touch on this masterpiece of decadent jewels was a pair of of platinum and diamond 2 carat stud earrings, worth approximately $35,000. Amy Adams was definitely channeling her princess character from Enchanted.

-Carlos at Raymond Lee Jewelers

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Sell Gold, The World’s Largest Coin Sold!

Sell Gold

Sell Gold

Three years ago the Canadian government introduced the worlds rarest and biggest coin, a Maple Leaf weighing 100 kg (220.5 pounds).  But what makes the coin even more rare is it’s made out of 999.99/1000 pure gold.  The coin has a face value of $1 million.  In today’s gold market the coin is actually worth four times as much as gold is trading around $1,200 per oz.  To put things in perspective the second largest coin in the world weighs only 68 kg, about two thirds of the Maple Leaf.

A few weeks ago it was auctioned off in Austria.  It sold for $4 million!  This seems like a lot, especially when you consider the mere $1 million face value it calls for.  However, if you look deeper, 4 million sounds about right.  According to pure 24kt gold is trading at $1,183.90 per oz.  If you take into consideration the weight of the coin, 100 kg, and multiply it by the price of gold for one hundred kilograms you come to $4,179,167, which is its fair market value.  While buying this coin for $4 million may have seemed like a reach, it is actually a bargain.  I am actually surprised it did not sell for more.  The winner of the coin may want to sell gold and it looks like he would make close to a $200,000 profit.

When the coin was first introduced gold was only trading at just under $700 per oz.  The value has almost doubled in the three years since being created.  Based on the recent trends in the gold market it looks like buying this outrageous coin might actually be a good investment.

by, Seth at Raymond Lee Jewelers

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Gold is $1220 Per Ounce Today! How Much Is My Gold Worth?

Gold Key, weighing one kilogram is used to acc...
Image via Wikipedia

Wow! Gold is well over the $1200 per ounce mark today at $1220 per ounce.  You may be asking yourself, how much is my gold worth today? Well, it depends on what karat gold you have. You probably have an assortment of different karats of gold. Most people have 14kt gold. Mixed in with your 14kt will be a little 18kt and some 10kt. How can you tell what karat your gold is? If you use a magnifying glass, you will see a stamp on the clasp of most all gold jewelry. This stamp indicates what karat your gold is. There is always that slim chance with gold that it may be marked 14kt and be 10kt. Or be marked 14kt and not be gold at all, and so on. Most cases, its marked what it is. Now that you have figured out what karat gold you have, you want to know how much your gold is worth, right? At $1220 an ounce, here is the break down. We would actually pay these prices. Here it is broken down in a few different ways so its easy to understand. At $1220 per ounce 14kt gold is worth $610 per ounce. At $1220 per ounce 14kt gold is worth $30.50 per penny weight or dwt. At $1220 per ounce 14kt gold is worth $20.34 per gram. At $1220 per ounce 18kt gold is worth $830 per ounce. At $1220 per ounce 18kt gold is worth $41.48 per penny weight or dwt. At $1220 per ounce 18kt gold is worth $27.27 per gram. That is some of the pricing that we would pay for your gold today based on todays gold price.

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Sell Gold

Selling gold jewelry, selling scrap gold, and selling unwanted gold in South Florida is super easy. Raymond Lee Jewelers is the highest cash buyers of complete jewelry and watch estates aswell as scrap gold and gold jewelry. Gold is around its all time high. Gold has never been more valuable. sell 14kt gold, sell 18kt gold, sell gold coins, sell bullion and sell many more gold items, sell them to Raymond Lee Jewelers. Gold is $1153 per ounce today. Raymond Lee Jewelers is buying gold jewelry in all karats. Raymond Lee Jewelers is paying $576 per ounce for 14kt gold and paying $784 per ounce for 18kt gold. These prices to sell gold are for today. The price of gold changes daily. Your gold jewelry may be worth more tomorrow. Maybe tomorrow you gold jewelry will be worth less. Just remember that when selling your valuables, deal with a company you can trust. Raymond Lee Jewelers has been established since 1983. Located in Boca Raton, Raymond Lee Jewelers is family owned and operated. Will will beat all offers on gold, jewelry, watches and diamonds. We buy Rolex watches everyday. Premiums paid for new model Rolex watches such as, Rolex Deepsea, Rolex Milgauss, Rolex Ceramic GMT and many more.

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Sell Gold

Gold Key, weighing one kilogram is used to acc...
Image via Wikipedia

Gold is up huge in the last week to $1163 at the moment. This is a great time to sell gold and capitalize on the extremely high price. There are a lot of places you can sell your gold. Local jewelry store, hotel gold buyer, send your gold in the mail and many more places.  We have seen a dentist office or even a liquor store advertising to buy your scrap gold or buy unwanted gold. When selling gold jewelry get a few opinions. You will be shocked at how much your gold jewelry is worth today. Gold is almost at it’s all time high. Maybe gold will continue to go up in value, maybe gold will go down in value. All we know is that today gold is $1163-. Sell your broken gold jewelry, sell gold coins, sell gold, sell unwanted gold and sell it today! We are one of the most aggressive buyers in the industry. There are plenty of gold buyers. Raymond Lee Jewelers will be happy to give you a free quote to buy your gold.

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Sell Gold

Looking to sell gold? Here you can find industry standard pricing when looking to sell gold, sell scrap gold, sell unwanted gold or whatever gold you are looking to sell. As one of the largest gold buying companies, we can pay you more. Because the price of gold changes daily, the prices we pay when your looking to sell gold change daily. Sell gold to a company you can trust. Don’t mail your gold to a company you don’t know. Gold is over $1130 today. That is very high compared to recent prices per ounce. Today is as good a day to sell gold as any. Selling your unwanted scrap gold or gold jewelry has never been easier. There are many places advertising to buy it, but not all are reputable. Make sure you are getting the most for your gold when selling old or broken gold. Nice gold jewelry can be sold for a premium above the gold value. Don’t sell gold jewelry that can be resold as jewelry for scrap gold prices. Gold jewelry is purchased for its gold content.  Remember when looking to sell gold jewelry, sell broken gold, sell old gold, sell jewelry, sell gold, sell gold coins, sell gold bars and much more it is important to be educated and informed of what you have and what its worth. When selling gold, get more than one price. Three opinions is best on what you gold is worth. The best place to sell gold is your local jeweler. Pick a local jeweler to sell gold to that is well established in your area.  Companies that come into your town for the weekend and buy gold in hotels have huge overhead and charge you for it. Sell gold to companies you can trust and do research.

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Selling Gold In Florida

Selling gold in Florida can be easy. Raymond Lee Jewelers pays the most for your unwanted scrap gold or gold jewelry in Boca Raton. Don’t send your gold in the mail to some company. Who knows what you’ll get for your unwanted gold when sending it away. Come see a jewelry store in person to sell you gold jewelry. What better place to sell scrap jewelry than Raymond Lee Jewelers in Boca Raton. Today gold is up huge. Gold is trading for $1125 per ounce today. Sell your unwanted gold in Boca Raton today. If you are located anywhere in South Florida and have gold to sell, Raymond Lee Jewelers should be where you sell. Raymond Lee Jewelers is fully staffed with buyers that can help you. Make selling scrap gold a pleasant experience at Raymond Lee Jewelers. Located in Palms Plaza behind the Olive Garden. Our address is 22191 powerline rd suite 12b, Boca Raton, Florida 33433. 561-750-7808.  Raymond Lee Jewelers is located in the same shopping center as The Kosher Marketplace, Dorjon, Olive Garden, Party City, Tropical Smoothie, Boca Pharmacy and many more. Another land mark to use to find Raymond Lee Jewelers is the Bank of America building, we are right next to that.

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