Thursday, May 17, 2018
As far back as we can remember, people have been throwing coins into fountains seemingly as long as there have been coins and fountains. The tradition all started with water. Water is vital to means of sustenance to human life. While many people in the developed world today have clean, drinkable water readily available from their kitchen taps, this was not always the case in olden times. Drinking holes in many regions weren’t the easiest things to find when looking for a place to drink. Therefore, where clean water was available, many early European tribes believed that such areas were a gift from the gods.
One of the most famous wishing fountains is the Trevi Fountain in Rome. The Trevi Fountain was built as the ending point of a 21 kilometre long aqueduct called Virgo, named for the goddess who would guide soldiers to water when they were thirsty and tired. Originally, tossing a coin in or taking a drink from the fountain was supposed to ensure good health. Eventually, the tradition evolved to what we know today!
While we don’t expect people to throw away their gold and silver coins in Dana Point, we wish for them to build financial portfolios and expand on their monetary wealth. At Gems N’ Loans we are here to help guide you along and get the most for your money whether buying or selling!
Thursday, May 10, 2018
In the latter of financial scenarios, such as massive currency devaluation, you can use gold and silver to buy and sell. That may sound crazy – but it has happened in other countries. U.S. gold coins come in one, one-half, one-quarter, and one-tenth ounce denominations. You pay a “premium” over the price per ounce when you buy gold coins, which is how the dealer makes a profit.
Finding Gold coins in Dana Point to trade for jewelry, loose and in-setting diamonds, coins, paper currency, watches, or even silverware, would be based on spot prices in cash.
Visit Gems N’ Loans to learn more about investing in the next hundred years!
Thursday, April 19, 2018
You Treasure Awaits You!
The ancient Egyptians were the first to smelt gold around 3600 B.C. A thousand years later, gold jewelry emerged as the goldsmiths of ancient Mesopotamia crafted a burial headdress made of lapis, carnelian beads and leaf-shaped gold pendants. Since these early days, mankind has been captivated by gold, and the desire to own it has led to great gold rushes and wars.
According to Investopedia, major players in worldwide gold mining include China, South Africa, the United States, Australia, the Russian Federation and Peru. The world's gold production affects the price of gold, another example of supply and demand. Gold mine production increased by about three percent in 2010 to about 2,652 tonnes, according to GFMS as several new large-scale mines began operations.
Buying and trading gold in Dana Point has never been safer and more discreet that at Gems N’ Loans.
Learn how to get started here!