Japan Turns Trash Into Treasure
March 7th, 2010

According to the Economy, Trade and Industry Ministry 22 kilograms of gold, worth about $785,000, was recovered from discarded cell phones collected in a campaign by the Japanese government.  The 22 kilograms of gold came from approximately 567,000 cell phones in an effort to recycle precious and rare metals in electronics.  In addition to the 22 kilograms of gold, 79 kilograms of silver, 5,670 kilograms of copper, and 2 kilograms of palladium were recovered from the cell phones.  The efforts of Japan’s government is a prime example of a movement called “urban mining” which refers to acquiring precious metals from recycled electronic devices including computers, televisions, and calculators.  It is estimated that Americans have millions of old cell phones sitting in their homes, a potential gold mine.  If you’re looking to sell your gold, silver, and platinum items contact The Gold Standard and turn your gold into cash.

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Gold-Cash Blog

Shocking Cash for Gold Investigations
March 6th, 2010

Out of Bakersfield, CA an eyewitness news team did an investigative report on the cash for gold market and some of the findings are shocking.  The team took a gold ring and had it weighed, tested, and appraised by a trusted jeweler.  The team then took the ring to several cash for gold businesses.  The investigative team ran into dishonest cash for gold business practices including weighing the ring out of sight from the customer, refusing to tell the customer what they had weighed the ring at, telling the customer that the ring weighed less than it actually did, and being offered low-ball prices.  The bottom line from the investigative report to consumers was to shop around when selling their gold jewelry and to use common sense.

The Gold Standard wants you to know that we are proud members of the Jeweler’s Vigilance Committee, use only State of New York certified and calibrated scales, and all of your gold jewelry is weighed and tested right in front of you.  We also have a 110% Price Guarantee meaning we will pay the highest prices for your gold than any other company in New York.  If you find a higher payout we will match that price and pay you an additional 10% of the difference!  Contact us today to turn your gold into cash.

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Gold-Cash Blog

Get Back Your Spent Valentine’s Day Cash
February 24th, 2010

Buying flowers, jewelry, and candy for your loved ones isn’t cheap.  Now that Valentine’s Day is over are you looking for ways to recoup some of that cash you spent?  Many people aren’t sure what to do with old jewelry from past relationships or jewelry from good intentioned partners that doesn’t quite match their style.  The Gold Standard wants to help you get rid of old or unwanted jewelry and put cash in your pocket.  We provide exceptional customer service, honest transactions, and guarantee the highest prices for your gold.  We make selling your gold simple and convenient with 6 store locations, a mobile service, and mail-in services.  If you’re ready to get rid of your gold, silver, and platinum jewelry contact us today!

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Gold-Cash Blog

Top 5 Gold Party Misconceptions
February 22nd, 2010

A lot of misconceptions surround gold parties but we’re here to clear things up and debunk the myths.  Here are the top 5 gold party misconceptions:

1. You can only bring gold to a gold party.  WRONG!  Although gold parties are primarily for individuals to make money by selling their gold items we will also buy silver and platinum as well.
2. If you attend a gold party then you will have to sell the gold items you brought with you.  WRONG!  A professional gold appraiser will be in attendance at every gold party with a check ready to be handed over to you for your gold but you do not have to accept the gold appraiser’s offer.   Our gold parties are made to be fun and there is never any pressure to sell after having your gold appraised.
3. Gold parties cost a lot to host.  WRONG!  Hosting a gold party will cost you absolutely nothing.  We take care of everything including invitations, food, beverages, and even entertainment.  Gold parties are the only parties where hosts and guests make money instead of spending it.
4. You can only bring jewelry to a gold party.  WRONG!  Although most guests bring their unwanted or broken gold jewelry we’ll also buy gold coins, gold or silver serving trays, dental gold, gold medals, statuettes, cufflinks, and more.
5. I won’t be paid much for my gold items at a gold party.  WRONG!  We offer the highest payouts for gold in the area and back our payouts with a 110% Price Guarantee.  If you find a higher price for your gold we’ll match the price and pay you an additional 10% of the difference.

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Gold-Cash Blog

Super Bowl’s Vince Lombardy Trophy
February 15th, 2010

Originally named the Titletown Trophy, the Vince Lombardi Trophy is the trophy awarded each year to the winning team of the NFL’s championship game, the Super Bowl.  The trophy has been awarded since 1967 and was renamed in 1970 in memory of the legendary Green Bay Packers head coach Vince Lombardi after his sudden death from cancer.  The trophy is valued to be worth $25,000 and was created by Tiffany and Co.  The regulation size football trophy is all sterling silver and weighs about 7 pounds.  It takes workers about four months to make and is sent back to Tiffany’s to be engraved with the winnings team’s name, date, and final score of the game.  Just this Sunday, February 7, 2010 the New Orleans Saint took home the trophy in a 31-17 win over the Indianapolis Colts.  Head coach of the Saints Sean Payton said he went to sleep with the Lombardi trophy in his arms!

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Gold-Cash Blog

What is a New York Gold Party?
January 22nd, 2010

Home parties where guests must sit through demonstrations of the latest Mary Kay or Tupperware products are a thing of the past, and are quickly being replaced by GOLD PARTIES!  The great thing is that at a gold party you never have to feel obligated to make a purchase, because gold parties sell absolutely nothing!  A New York Gold Party is like any other party you’ve attended.  There’s the lounging around with friends, food, sipping a little wine, and listening to the latest buzz.  What’s different and great about a gold party in New York through The Gold Standard is that gold parties are the only parties where guests make money instead of spending it.

And it gets even better!  We take care of everything for the event.  As host you only need to make a list of 10 or more friends and we’ll:

· Create and mail out the invitations

· Provide delicious food and beverages

· And guarantee your guests will receive the highest payout for their gold!

Hosts Earn Cash!

Hosts don’t have to sell a thing but still earn cash. Our hosts receive a 10% commission on all sales at the party.  Our NY hosts can earn $500-$2500 per party!  Plus, you will earn extra commission when guests at your party sign up to host their own NY Gold Party.  At your gold party one of our expert gold party appraisers from The Gold Standard will assess all items brought by your guests and within hours your guests will leave with cash paid to them on the spot.

Nothing to Lose

Our professional jewelers will appraise your gold with absolutely no pressure to sell.  Half of the fun is just finding out how much your valuables are actually worth and sharing stories associated with your jewelry.  We reference a daily gold index each day to ensure you receive the most accurate and highest payouts for your gold.

Book Your NY Gold Party Today

If you are interested in hosting a gold party please fill out the Host a Gold Party form or contact our Gold Party Coordinator Joyce at (516) 513-0830.  As New York’s #1 choice for Gold Parties, The Gold Standard guarantees a highly enjoyable, fun, and completely satisfactory experience with the highest payouts for gold!

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Gold-Cash Blog

Workers at Harmony Gold’s Kalgold Mine Strike
January 21st, 2010

The National Union of Mine Workers is reporting that after a disagreement over wages about 200 contract workers at Harmony Gold’s Kalgold mine in South Africa put down their tools and went on strike.  The union is demanding a 15% wage increase from ASL Mining, the firm that contracted the workers.  However, ASL Mining will only increase wages by 10%.  The union’s main concern is not the figure of wage increase so much as the backdate of wages.  Currently ASL mining has set the backdate from December onwards instead of from May which is usually the case.  Despite the strike Harmony spokeswoman Marian van der Walt states that there is no disruption to production due to built up stockpiles.  Mining and hauling at the operation continues to be at a standstill although blasting and drilling will continue.

A similar issue is arising from Zambia’s copper miners who are threatening to strike if gold mining companies fail to make reasonable pay offers.  Specifically, labor unions such as the Miner’s Union of Zambia want an above inflation increase.  At present the national inflation is at 9.9 percent.

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Gold-Cash Blog

The Goldschläger Myth
January 20th, 2010

Flakes of gold have traditionally been added to food and drinks such as teas and chocolates in many countries.  Gold flakes can even be found in numerous cosmetic products.  The Italian cinnamon schnapps Goldschläger is a clear liqueur known for containing very thin but visible real flakes of gold swirling within.  In actuality only about a tenth of a gram of gold is contained in a 750mL bottle.  Goldschläger is a German word meaning “gold beater” and describes the profession of gold leaf makers who beat bars of gold into thin sheets.  A myth associated with why the liqueur contains gold flakes is that the flakes of gold make microscopic cuts along the lining of the esophagus and stomach hastening the time it takes for the alcohol to enter the bloodstream and thus shortening the amount of time to reach intoxication.  However, because gold, especially 24k gold which is used in the liqueur, is soft and malleable the flakes have no sharp edges and therefore cannot scratch or cut anything.

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Gold-Cash Blog

Doesn’t the Price of Gold Vary? Should I Wait To See If It Goes Up?
January 19th, 2010

This is one of the most common questions we hear.

Although the price of gold does fluctuate depending on factors affecting the world market, there is no assurance of the price of gold tomorrow and it is better to lock into a current high price.  Even if you were to wait and the price went up or down by $10, $20, etc. the payout price would only fluctuate by less than a dollar per oz.  Unless you are selling very large amounts of gold, this increase will not greatly affect your total payout.  Also, there is a good chance that markets may actually go down rather than up.  The current world market has proven to be unstable and unpredictable so it is best to sell while there is a guarantee of a good price.

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Gold-Cash Blog

Does Gold Have A Future?
December 14th, 2009

It is well known that gold is extremely rare and that most of the gold available for mining within technology’s limitations has been mined.  What many people may not know is that a large portion of the world’s gold is held in reserve by banks or individuals as a form of investment.  “Gold Bar hoarding” is actually estimated to account for 236 tons of gold available that is not being circulated.  Another key fact is that approximately 85% of all gold ever found is still in use today due to the recycling of gold items.  Recently scientists have discovered that most asteroids are essentially warehouses of minerals serving as potential sources of gold, diamonds, and platinum.  Lastly, gold prospectors do continue to search for deposits using various highly sensitive methods for gold detection.

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Gold-Cash Blog