Have you ever wondered what olympic medals are made from? Surely the olympic gold medal is actually made of gold right? Well, thats partially true.
]]>So if Olympic gold medals aren’t made of gold, what are they made of?
The host of the games determine’s the design and composition of the medals. But there are certain guidelines and standards that must be maintained:
Bronze medals are 100% bronze. Bronze is an alloy of copper with another medal, usually tin. We would be remise to not mention that gold, silver, and bronze medals have not always been awarded at the games. At the Athens summer games in 1896, the winners were awarded silver medals while the runner-up got bronze. In 1900 at the Paris games the winners were awarded cups instead of medals. It did not become custom to award medals until the St. Louis, Missouri Olympics in 1904. After 1912 the gold medals have been gilded silver instead of actual gold.
As a side note, the Congressional Gold Medal and Nobel Prize Medal are still comprise of real gold instead of Olympic medals which are actually more silver than gold.
The Nobel Prize medal was made from 23K gold prior to 1980. Post 1980, they are 18K green gold plated with 24k gold.
In the 2016 Rio Summer olympics the medals were eco-friendly. The gold metal used in gold medals was free of mercury contamination.
Gold and mercury are known to be difficult elements to separate. The silver medals from 2016 were made of sterling silver that was partially recycled(30% by mass). Part of the copper used to make the bronze was also recycled.
Source: ThoughtCo
]]>We're back again with another post on some really cool items that we recently purchased! If you are ready to sell your unwanted gold, silver, platinum, or diamonds come to Luxe Cash for Gold where we have the highest payouts in the South Bay. Here is a look at some items that people recently sold to Luxe Cash For Gold.
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If you're ready to sell your old unwanted jewelry give us a call at 310-853-6962.
Every day here at Luxe Cash For Gold we see so many unique items come through our doors. We wanted to give you a behind the scenes look at some of the items that we've purchased recently.
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Payout - $1150
Payout - $850
Payout - $270
If you're ready to sell your old unwanted jewelry give us a call at 310-853-6962.
Luxe Cash For Gold
118 S Catalina Ave
Redondo Beach, CA 90277
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. Which is the smarter investment?
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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?
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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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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.
]]>Mead bought the tank on eBay for $30,000. While stripping down the tank, he found 5 bars of gold valued at 2 million dollars.
“They must have cut a hole in the fuel tank and rammed it full of gold bars,” said Mead, who turned the bars over to police. “Even if I don’t get any of the gold back I will still have my beautiful tank.”
Iraq returned 3,216 gold bars in 1991. They were stolen by Saddam’s troops during the seven-month occupation of Kuwait.
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So clearly the markets are feeling a bit relieved by the increasing possibility of a Clinton win. It's no secret that Hillary has gotten many contributions from the likes of Saudi Arabia, Qatar and other foreign nations. So will they dump their US bonds and assetts if Trump wins? This could send the dollar plummeting and GOLD soaring.
Here at Luxe we are predicting Post-Election Gold Price to be $1390/oz if Trump wins and $1225/oz if Clinton wins. The reason being that Gold would shoot up quite a bit if he wins (because the dollar would be in a free-fall due to uncertainty of what he plans to do with foreign entities), whereas "business as usual" sentiment would drive down paranoia with large foreign international banks and governments and would bring the dollar up and gold trading down, but not so dramatically. As of the writing of this story, gold is trading at $1281.40 per troy ounce.
Luxe Cash for Gold and Diamond Buyers is your go to Gold Dealer and Diamond Buyer in these uncertain times. We serve the entire South Bay including Torrance, Palos Verdes, Gardena, Long Beach as well as the Beach Cities, Redondo Beach, Manhattan Beach and Hermosa Beach.
It’s true, we do have the highest ratings.
So how do we manage to consistently pay more to people selling their jewelry? It really comes down to 3 basic things.....
]]>It’s true, we do have the highest ratings.
So how do we manage to consistently pay more to people selling their jewelry? It really comes down to 3 basic things:
So that’s it in a nutshell. When selling your jewelry, sell to gold dealers or diamond buyers like Luxe that actually use the metals and gems to manufacture jewelry. Sell to someone who keeps their overhead very low and to someone who doesn’t carry big inventory of old stuff few people want anyways, and chances are you will be offered a fair price.
]]>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.
]]>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. The Cut, Shape and Condition of the diamond also plays a big role. A round shape is always worth more per carat then a princess shape, for example. If a diamond is cut too deep or too shallow, it may need to be re-cut in order to get maximum value from it. And of course if a diamond is chipped or scratched this could affect the value of the diamond dramatically. If a diamond needs a major re-cut from a scratch or chip it would result in a smaller diamond and a smaller payout.
A GIA-graded diamond is highly prized, so be sure to bring in your lab report if you have one. Any paperwork you bring can help boost the value of your diamond, even if graded from a lesser known lab or independent appraiser. But don't be fooled with appraisals with high value amounts that were provided by the diamond retailer, as they usually mark up double to triple what you paid in order to make you feel like you got a good deal. The true value of the diamond is determined in the marketplace; by diamond buyers like us and diamond buyers in the retail market place, but of course in order to sell retail you would need a retail store for people to have faith in the diamond grading.
Finally, and most importantly, a diamond is most valued when it is 100% natural. Many diamonds that were sold, especially in the 80's were treated. Either fracture filled with silicone, or heated and irradiated to improve the color, etc. A treated-diamond is worth considerably less than a natural one.
Don't know what yours is worth? Why not have a professional gemologist examine it? There is no cost to you and we are happy to provide you with the service.
Contact Us today to schedule a free estimate.
]]>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 ....
]]>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. Our clients from Hermosa Beach, Manhattan Beach, Torrance, Gardena and Long Beach come to us time and time again because of our consistent 5-Star Yelp Reviews and Industry leading High Payouts for Gold, Precious Metals and All diamonds. Come by today and experience why we are the South Bay's Highest Rated Gold Buyer!!
]]>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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August, 2014 - Guess the Gold Weight™ Photo:
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Manhattan Beach's Highest Rated Cash for Gold Buyer!
WE BUY GOLD, DIAMONDS AND JEWELRY!
Luxe Cash for Gold buys all jewelry made of gold, silver, platinum or palladium and also pays for your diamonds. Do you have a diamond over 1 carat in size? Luxe Cash for Gold pays more than anyone else for large diamonds. Please call 310-853-6962 to schedule an appointment and bring your jewelry over for a free examination!
A little bit about Manhattan Beach for those who are new to the area:
Manhattan Beach part of the County of Los Angeles County and geographically is located 3 miles south of LAX Airport. North of Manhattan Beach is El Segundo and Santa Monica. Manhattan Beach is one of three beach cities in the South Bay in addition to Redondo Beach and Hermosa Beach.
The Manhattan Beach Pier stretches a beautiful 928 feet in length and begins at the end of Manhattan Beach Blvd. There was free pier fishing year-round, however due to the latest shark-biting incident which some say were caused by the fisherman, fishing has been closed until next season pending an investigation.
What do we love about Manhattan Beach? The beach of course, one of the nicest in the South Bay, as well as all the shopping and fine dining. This is probably the most tourist-friendly beach in the South Bay and if you have money to burn, this is the place to bring is. So make sure you have lots of Cash! If need be sell your Gold at Manhattan Beach’s favorite Cash for Gold dealer at Luxe!
]]>A customer came in...
]]>A customer came in with a few rings to sell. We offered her $1250 and after going to a bunch of different places, the best offer she got besides us was only $840 from South Bay Gold! We beat them by over $400! Gold Max said they didn't buy diamonds and offered her only $50 for the gold when we would have paid more than triple if selling the gold only! But of course we buy gold and diamonds and pay the most!
Lesson learned: Always sell your gold and diamonds to Luxe Cash for Gold!!!!
At Luxe Cash for Gold, we understand and can appreciate how you feel when you engage in the buying and selling of your gold jewelry, old bridal jewelry, diamonds and more....
]]>At Luxe Cash for Gold, we understand and can appreciate how you feel when you engage in the buying and selling of your gold jewelry, old bridal jewelry, diamonds and more. These items not only have sentimental value and beauty, but they hold monetary value and wealth as well. When looking back, they were purchased with the highest of hopes and it's when you choose to sell them, it's only right that you get the very most for your jewelry and precious metals as possible. We are totally committed to the consumer, in educating them, showing them live in person how we test the jewelry (not behind closed doors) and we always give our best price upfront. We don't haggle, or low ball. In fact every morning we print out our "No Haggle Price List" that has been updated with the current market prices for precious metals, and we offer the same prices to every customer that walks in our door.
Luxe not only buys gold, jewelry and diamonds, we manufacture jewelry as well. That's why we can pay much more than your average recycler that simply buys, and let's someone else melt it down and refine it for a profit. We constantly need new gold and diamonds and pay aggressively to secure raw materials so we can also produce jewelry at a lower cost. In the end, when you sell your jewelry to Luxe, it's a win-win for both parties, and you, the consumer walk away with the most cash possible.
Simply put, we are Redondo Beach's Best Gold Buyer. And we buy silver, sterling silver, platinum, palladium and diamonds as well. We don’t just buy them in solid forms like bars, coins, nuggets, but we also buy your gold jewelry, engagement rings, diamond rings, wedding bands, gold rings, and silver jewelry as well. So, if you find yourself staring at a piece of jewelry that no longer serves the purpose you had when you originally acquired it, you know who to sell your gold jewelry to.
]]>We are located in Hermosa Beach at 225 Pacific Coast Highway, #A. Between 2nd & 3rd street.
Please call 310-853-6962 to schedule an appointment that is convenient for you.
We service clients from Manhattan Beach, Hermosa Beach, Torrance, Lawndale, Gardena, El Segundo, as well as the Palos Verdes hills.
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