14K GOLD JEWELRY Buying Trivia!

DO YOU KNOW?

• GOLD prices have gone crazy in value on the World Market.



• Since August of 2004, Gold has gone up 250% per ounce.



• The price of Gold was then at $380.00 per oz.



• Today, in the Winter of 2008, Gold is climbing rapidly toward $1,000.00 per oz.



• GOLD prices are as high as they've been in over 20 years.

• GOLD is extremely rare. It's estimated all the GOLD ever mined will fit under the Eiffel Tower in Paris. ( It takes many tons of ore to produce just one ounce of GOLD.)



• South Africa has been the World's biggest GOLD producer since 1905.



• Last year, (2007) China took the lead over South Africa. China is now the World's biggest GOLD producer.

• 14k GOLD Jewelry is an investment, as gold prices are expected to keep going up and up. (Now is a great time to buy before prices may go up further.)



• Experts predict GOLD prices could rise to nearly $1,200.00 per oz. or more, in the not so distant future.



• As the Value of the Dollar decreases, GOLD prices typically increase.



• GOLD prices fluctuate on a daily basis.



• You can monitor Daily GOLD prices yourself at kitco.com

• 14k GOLD is sold to Sellers by the Gram Weight.



• Sellers are charged, by the Manufacturer, for each gram of GOLD and a labor charge for each piece.



• The more intricate,difficult, and unique a jewelry item is to make, the higher the labor charge.



• Because of this, Sellers must factor in not just the gram weight of the Gold, but the Labor charge for the individual piece as well.



• With more involved designs, Master Craftsmen are the only one's qualified to make the jewelry piece. For Example: The Byzantine Link.



• The more grams of GOLD in a jewelry item the heavier it is which makes it more expensive.



• The United States Standard for 14k GOLD is .585.



• Genuine, 14K GOLD Jewelry is stamped 14k to show it's real.

• GOLD Jewelry is available in Yellow, White & Rose Gold, or a combination of all 3 called Tri-Color Gold. A mix of Yellow & White Gold is called Two-Tone.



• White GOLD Jewelry can be heavier than Yellow Gold and is usually more expensive to purchase than Yellow GOLD Jewelry.



• Alloy Metals most often used to strenghten Gold are Copper, Silver, Nickle or Zinc.



• People who are allergic to Gold are really allergic to the Nickle that's used as an alloy metal; not the Gold itself.

Here's an Overview of the Purity of GOLD (Before alloy metals are added - if any)

American Marking Pure Gold Content in % European Marking

24K 100.0 1,000

22K 91.6 916

20K 83.0 833

19K (used in Portugal) 79.2 792

18K 75.0 750

14K 58.5 585

12K 50.0 500

10K 41.7 417

9K 37.5 375

• All 14K GOLD Jewelry is "not" made of the same quality and attention to detail.



• (As with any product) there are High-Quality & Well-Made jewelry manufacturers as well as not so well-made, lower-quality jewelry manufacturers.



• Some of the best 14k GOLD Jewelry is Made In Italy and usually commands a higher price because of it.



• The Italians are know for their Gold Jewelry because of their Master skill levels, attention to detail, creativity and generations of experience.

• Although Gold Jewelry prices fluctuate from State to State, City to City and Market to Market etc., a current Fair Retail Value is $50.00 - $59.00 per gram of gold. ( Some jewelry pieces may cost more per gram depending on the intricate work involved. A Seller is charged not only for the Gram Weight of the Gold, but also a Labor charge for each piece of Jewelry.)



• Most eBay GOLD Jewelry Sellers give you the gram weight in their item description.



• You can figure out, for yourself , what you're paying (per gram) by dividing the total $ amount of your purchase, by the total gram weight of the item. This will tell you how much you're paying per gram of gold.



• (EXAMPLE: The Cost of your item is $164.00 - Total Gram Weight of Gold is 5 grams. You're paying $32.80 per gram of gold for this purchase.)



• Most Jewelry Store Retailers "do not" advertise the gram weight of their gold jewelry.

The sayings "Knowledge is power" & "You get what you pay for" are true in the fine jewelry buying world too.

Here's a Jeweler Recommended Tip for a quick & inexpensive way to keep your Gold Jewelry (diamonds and gemstones too) sparkling:

1. Take a soft toothbrush and a dab of dishwashing liquid mixed with a little warm water.



2. Then gently apply (scrubbing softly back & forth) to your fine jewelry. Finish with a warm water rinse and pat dry with a clean soft cloth to keep it looking Sparkling - Fabulous - and Brand New!

• Gifts In Gold eBay Store

If this Guide has been helpful to you, will you please take a moment to Vote "Yes" ?

Thank you for reading this Guide. I hope it will help you gain a little more information before purchasing your 14k Gold Jewelry.

Have a wonderful day today and God Bless You and Yours!

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