All scrape buying prices are subject to change with out notice. No price written or given on this web site is a guarantee that we will buy your gold at that price. We reserve the right to change our scrape gold buying price to reflect the market that we are doing business in. Thank You N.J. Diamonds

Have you updated your appraisal

Have you updated your appraisal?

If you have a lot of gold jewelry that you may have bought when the price of gold was lower, this would be a good time to get your jewelry appraised. Lets say you bought your gold when the price per once was $600.00, today the price per once is $1,108.00 an once. That is a huge price jump, and many of us forget that about the gold jewelry that we have in our jewelry box. You should have all your jewelry appraised not just the gem stone jewelry. Lets say you appraised your gold at the old price, and that gold jewelery was stolen you would only get the old price, (the price that gold was at when your appraisal was written). In this area we have so many people who by high karat gold jewelery, and many do not even think about having their gold appraised, and added to their home owners insurance, do not make this mistake.

N.J. Diamonds diamond engagement rings and more.

Ask if they are buying by gram or dwt..

Always make sure when you are calling, and asking different stores how much they are buying the gold for you ask if they take it by penny weight (dwt) or gram weight. It does make a difference make sure to do your calculations before you take it in.

An example is $13.00 per gram what we are taking 14kt for today would be about 20.00 by dwt. So if you are calling around for prices, and they tell you $17.00 ask if that is by gram or penny weight? if they say gram you have hit the jack pot, and go sell your 14kt to them, but if they say that is the price for penny weight, they are a little low. Different parts of the country are taking the gold at different prices. One woman who called from Florida said the most she could get for her 14kt gold was $8.00 a gram. We take our 10kt gold for that price, so it does make a difference what part of the country we are talking about. I only bring this up because someone called last week, and wanted to know how much we buy 14kt gold for I told them it was $13.00 a gram. He said no thank you I am already getting $16.00 I told them that is good, but are they buying by penny weight, or gram weight? They did not know, and said they would call back, as it turned out it was by penny weight, and they did their calculations,and found they would be getting more from us. Happy hunting, and good luck to all of you.
N.J. Diamonds diamond engagement rings, and more.

Gold Buying Price…

21kt @ $25.00 a gram

18kt @ $19.00 a gram

14kt @ $13.00 a gram

10kt @ $ 9.00 a gram

Compare our price to the price of the stores around you cities around us like Dearborn Heights, Garden City, Inkster, Westland, and more are offering less. That is what our customers are telling us. People are coming  from Sterling Heights to sell their gold to  us. The stores, in the city of Dearborn offer better prices, because there is a hug market here for buying gold.

Should you invest in gold?

If you have coins at home, and are not sure what you may have or how much they are worth here is a great site to look at Numis Media

With more, and more people looking to put their money in gold I thought it would be a good idea to write a little something about it.

I found a great article written by: Andrew Marcus

 

When the economy is out of balance and the dollar is in decline, gold can be a smart investment—but don’t be dazzled and forget to do your homework. Investing in gold has drawbacks and there’s more than one way to do it. This page will introduce you to the ins and outs of golden investments.

If you are thinking about investing in gold you should read this first, step by step guide on how to, does not try to sell you anything and the facts are pointed out for you good, and bad.

Read the rest here

Jewelry Repairs…

Repairing your jewelry is not cheap that is for sure, sizing a ring can cost as much as $50.00 per size up or down. That is why it is always a good idea to shop around, the last thing that most of us need in these hard economic times is to worry about the cost of fixing your favorite chain, the average cost for a simply solider job on a 14kt yellow gold chain is around $25.00.

Here are a few things we can recommend you do:

1. Find a jewelry store that does in store repairs, this can help lower the price of the repair, no middle man if you will.

2. Remember that white gold cost more to repair than yellow gold.

3. Mall store’s will always charge more for a repairs.

4. Make sure you find out the turn around time on the repair before you leave it.

5. Never send your jewelry in the mail for repair.

6. Shop around for pricing, this is very helpful.

7. Try a store that is well established.

8. Stone replacement is another area that you should look around, if you are missing a small diamond on a piece of jewelry this could run from $30.00 and up depending on the size of the stone, clarity, and color. Make sure when you take your diamond jewelry back that the same color stone was used.

If you have any questions do not hesitate to ask.

N.J. Diamonds diamond engagement rings, and more…

Higher Gold Buying Prices…

From what our customer tell us those that have come from Garden city, Sterling Heights, Inkster, Dearborn Heights, Detroit and Westland. Dearborn is offering the heights gold buying prices around. The is because we have so much competition here in this town, driving the price up, makes it great for those of you thinking about selling your gold.  Take the drive you will be surprised, had one women tell us that she got more than 3 dollars more per gram on her 14kt gold with us, she came from Westland, it does pay to shop around.

N.J. Diamonds diamond engagement rings, and more.

New Tanzanite, and Diamond Ring

New arrival Tanzanite, and Diamond Ring

This ring has 1.21ct of diamonds, and 2.80ct tanzanite, on 14 karat white gold, just got in thought you would all like to take a look.

Tazinite diamond ring