{"id":34179,"date":"2018-05-11T08:46:50","date_gmt":"2018-05-11T13:46:50","guid":{"rendered":"http:\/\/olduvai.ca\/?p=34179"},"modified":"2018-05-11T08:46:50","modified_gmt":"2018-05-11T13:46:50","slug":"wealth-preservation-understanding-silver-and-gold-content-for-collapse-investing","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=34179","title":{"rendered":"Wealth Preservation: Understanding Silver and Gold Content for Collapse Investing"},"content":{"rendered":"<h3><a href=\"http:\/\/readynutrition.com\/resources\/wealth-preservation-understanding-silver-and-gold-content-for-collapse-investing_11052018\/\">Wealth Preservation: Understanding Silver and Gold Content for Collapse Investing<\/a><\/h3>\n<div><\/div>\n<p><center><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-45957\" src=\"http:\/\/readynutrition.com\/wp-content\/uploads\/2018\/05\/coins.jpg\" sizes=\"auto, (max-width: 500px) 100vw, 500px\" srcset=\"http:\/\/readynutrition.com\/wp-content\/uploads\/2018\/05\/coins.jpg 500w, http:\/\/readynutrition.com\/wp-content\/uploads\/2018\/05\/coins-300x222.jpg 300w\" alt=\"\" width=\"500\" height=\"370\" \/><\/center>Investing in precious metals is a great way to diversify and preserve your wealth. You can even find it on <a href=\"http:\/\/readynutrition.com\/resources\/how-to-use-ebay-to-find-the-most-affordable-silver_25062014\/\">eBay<\/a>! While this article is by no means an exhaustive treatise on gold and silver buying, it is more of a \u201cprimer\u201d to give you some basic information you need to get started (if you plan on going into this area) or to provide knowledge to arm you in your dealings\u00a0with people.\u00a0 Some of this may be useful for you in purchases of precious metals, but the scope of this is mainly to cover things that you may find when out hunting in the flea markets, thrift stores, yard sales, or other areas of the \u201csecondary shops.\u201d<\/p>\n<p>First, we\u2019ll cover <strong>gold<\/strong> measured in terms of purity that is expressed in <strong>karats<\/strong>, symbolized by the letter \u201cK\u201d and \u201ckt\u201d with jewelers.<\/p>\n<p><strong>24 Karat\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 100%, or pure gold<\/strong><\/p>\n<p><strong>22 Karat\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 91.7% gold<\/strong><\/p>\n<p><strong>18 Karat\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 75.0% gold<\/strong><\/p>\n<p><strong>14 Karat\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 58.3% gold<\/strong><\/p>\n<p><strong>10 Karat\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 41.7% gold<\/strong><\/p>\n<p>Now let\u2019s cover <strong><u>silver<\/u><\/strong>, a metal marked with a <strong>purity mark<\/strong>.\u00a0 Here are the marks and their percentage of silver contents that correspond:<\/p>\n<p><strong>999\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 99.9% silver<\/strong><\/p>\n<p><strong>958\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 95.8% silver<\/strong><\/p>\n<p><strong>925\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 92.5% silver (known as Sterling silver)<\/strong><strong>\u00a0 \u00a0 \u00a0<\/strong><\/p>\n<p><strong>800\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 80.0% silver<\/strong><\/p>\n<p>We are referring mostly to jewelry or decorative pieces and keepsakes here (such as silverware, candlestick holders, or other things that may bear a stamp to show their precious metal content).\u00a0 Coins are a little bit more involved and beyond the scope of this article, as there are too many to list here.<\/p>\n<p>One of the problems that people run into with jewelry and their great-grandmother\u2019s candlestick holders is that most businesses that buy them will usually pay according to their <strong>melt value.\u00a0 <\/strong>This is especially true with silver.\u00a0 Most of these dealers will estimate the silver content of your item by weight, and then will pay you roughly 15-25% under value to cover their handling and melting charges.<\/p>\n<p><a href=\"http:\/\/readynutrition.com\/resources\/testing-precious-metals-for-long-term-preparations_26032012\/\">Learn how to test your junk gold and silver<\/a><\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Wealth Preservation: Understanding Silver and Gold Content for Collapse Investing Investing in precious metals is a great way to diversify and preserve your wealth. You can even find it on eBay! While this article is by no means an exhaustive treatise on gold and silver buying, it is more of a \u201cprimer\u201d to give you [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2,7],"tags":[374,12881,647,6787,730,868,20097],"class_list":["post-34179","post","type-post","status-publish","format-standard","hentry","category-economics","category-survival-2","tag-gold","tag-jeremiah-johnson","tag-precious-metals","tag-ready-nutrition","tag-silver","tag-wealth","tag-wealth-preservation"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34179"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34179\/revisions"}],"predecessor-version":[{"id":34180,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/34179\/revisions\/34180"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}