118 S. Catalina Ave. Suite K
Redondo Beach, CA 90277

310.853.6962

MON - FRI: OPEN 11:00 AM - 5:00 PM
ALSO OPEN 5-8 PM By Appointment!
SAT: OPEN 10:00 AM - 2:00 PM

 


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Gold vs Cryptocurrency; Which Is The Smarter Investment?

 

If you are new to the world of Cryptocurrency we highly recommend reading THIS primer before considering an investment 

Cryptocurrency is a new and exciting thing that many investors are interested in exploring. However, most are wary of the many possible pitfalls. Gold, on the other hand, has been traded throughout the world for thousands of years and has proven its reliability.

This begs the question, what would you want to invest in cryptocurrency when gold has proven its worth time and time again. There are a few reasons why you might want to add cryptocurrency to your investment portfolio. First being, fast and easy. Within minutes you can log on to a website or download an app and purchase cryptocurrency. Popular currency at the moment includes Bitcoin, Ethereum, and Litecoin. With cryptocurrencies, you can purchase, sell, and have the money deposited bank into your bank almost instantaneously.

As is the case with gold, the market fluctuates based on supply and demand. Similarly, one should not buy more than one can afford to lose.

Gold conversely, is a precious metal and has been used by mankind as a means of trade for virtually all of recorded history. Gold has staked it’s claim in the world and does not appear to be going anywhere. Gold has a myriad of uses such as manufacturing and technology and is sought after for its beauty in the form of jewelry and art. Gold is sure never to lose its intrinsic value and is widely regarded as a sound long term investment.

So what are your thoughts? Will you invest into cryptocurrencies or stick to Gold?

 

 

Sources: SteemitAmpex

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John @Luxe June 15, 2017

The Pride of The British Royal Family: The Gold State Coach

Chances are that if you're from the United States you've never heard of the Gold State Coach. If that's you, prepared to be blown away! 

The Gold State Coach is an enclosed, eight horse-drawn carriage used by the British Royal Family. Commissioned in 1760 for £7,562($1.5Billion today).

"Oh wow, a really old, really expensive carriage. What's so great about it?"

We are glad you asked, dear reader. 

The carriage is made of four tons - or 128,000 ounces - of gold, worth almost pounds 28.5m at today's price.

"Designed by architect Sir William Chambers, it was built in 1762 for George III, needs a team of eight horses and is festooned with carvings of dolphins, mermaids and cherubs. Paintings by Florentine artist Giovanni Cipriani decorate its sides and four gold tritons - half-man, half-fish - represent Britain's seafaring heritage." 

Since 1762, it has been used at the coronations of George IV, William IV, Queen Victoria, Edward VII, George V, George VI and, of course, Elizabeth II.

This carriage is truly a modern marvel. If the Royal Family ever wants to sell your Gold State Coach, please give us a call!

Sources: Wikipedia, The Free Library 

 

 

 

 

 

 

 

 

 

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John @Luxe May 02, 2017

British Tank Collector finds $2,000,000 worth of gold bars in a $30,000 tank.

Mead bought the tank on eBay for $30,000. While stripping down the tank, he found 5 bars of gold valued at $2,000,000.

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John @Luxe April 13, 2017

South Bay Gold Dealer: Trump vs Clinton Post-Election GOLD Prediction!

How will the markets re-act to the enivitability of what a Trump or Clinton presidential victory will bring? Well, today on November 7th, we saw gold drop by $23/oz after FBI director James Comey cleared Hillary's email scandal of possibly indictment. 

 

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Yosef Adde November 07, 2016

Selling Jewelry to Gold Dealers like Luxe yields Best Returns, 5-Star Rated!

People selling jewelry often tell us all the time they found us online. They say out of all the gold dealers, diamond buyers or gold exchange companies we have the highest rankings both on Google and Yelp.

It’s true, we do have the highest ratings.

Our Google Page

Our Yelp Page

 

So how do we manage to consistently pay more to people selling their jewelry? It really comes down to 3 basic things.....

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John @Luxe September 03, 2015

Sell Diamonds to Luxe, the South Bay's top-rated Diamond Buyer!

Whether you are selling diamonds or selling jewelry, Luxe is the best place to bring your fine jewelry when it's time to cash out your items and clean out your jewelry box. Not only are we the top gold dealer in the South Bay, we are the highest Yelp-rated diamond buyers as well.

So what are the determining factors we use when you sell diamonds to us? Well the first and most obvious one is the carat size. How big is the diamond? A diamond over a carat is worth considerably more then a diamond just under a carat. Another factor is the color of the diamond and how white it is, as well as the clarity which is a measure of it's imperfections. 

Contact Us today to schedule a free estimate.

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Yosef Adde August 31, 2015

Manhattan Beach Gold Buyer - Indian Jewelry Cuffs

Gold Buyer for Hermosa Beach Manhattan Beach and Torrance.

Check out these very cool Indian cuff bracelets. They are solid gold spikes that are cast into rows, then laced into the rope with felt back for comfort. A rare and unusual treasure!

Luxe Cash for Gold serves the Beach Cities and South Bay as a Gold Buyer of all precious metals and diamonds ....

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Yosef Adde October 29, 2014

Cash for Gold Palos Verdes Estates & Rancho Palos Verdes

Cash for Gold Palos Verdes

Yes! We Buy Silver too! Check out this recent purchase from a seller in Palos Verdes Estates. This giant bar of silver that was hand poured weighs in at 49.928 troy oz, and is stamped as 49.90 of .999 Fine Silver. Luxe is not only the best Gold Buyer in the entire South Bay, we are the best Silver Buyer as well!   Luxe - Cash for Gold Palos Verdes Gold & Silver Buyer!

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Yosef Adde September 26, 2014

LUXE - Cash for Gold Manhattan Beach - South Bay's Biggest Gold Buyer!

Luxe Cash for Gold is inviting all Manhattan Beach, CA residents to come in and guess the weight of the pile of gold seen in this photo! Submit your official guess in our office and the person closest will be notified September 1st, 2014 and given $100 CASH! 

 

August, 2014 - Guess the Gold Weight™ Photo:

Cash for Gold Manhattan Beach

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John @Luxe July 29, 2014
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