Sunday, September 7, 2008

Selling Jewelry On the Internet Is A Real Job.

How do I know about jewelry? Well, I wear a lot of it -- and I know what I like. Today I was looking around and saw a lot of men wearing more than one ring and bracelets.... but hardly anyone wears a watch anymore. I suppose that with all the cell phones and computers displaying the time... who needs a watch?

Today's economy doesn't leave much money in your pocket after the bills are paid (especially the money you spend to fill the gas tank). So why spend what little money you have left on jewelry? Well, for one thing as the value of the dollar falls, the value of gold goes up. Since the buying power of the mighty dollar becomes less every year and the value of foreign currencies such as the Euro and others get stronger, the amount of gold you can get for your dollar gets smaller and smaller. Just to make this point, if you have some gold jewelry lying around, you can sell it for much more today than what you paid for it.

If you buy any jewelry, another thing you may wish to consider is the weight of the item. If you buy for the gold value be sure to buy pieces that are not so delicate and covered with fancy scroll-work, as this fancy work takes the artisan time and drives the price of the item upward. When an item has large chunky links of blocky sections, then the weight of the gold is the driving force of the item... not the labor intensiveness.

Buy gold for several reasons: Gold increases in value. Gold is beautiful to look at. And gold holds up well with age. Today may be the best time to buy gold since sales are down... so are the prices.
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