We've been owned and operated under the name Gold Mind for 20 years in Downtown Sharon, Pennsylvania. Over the last twenty years we have become a trusted source of high quality gold jewelry within the surrounding communities.

Unlike the Retail Franchise Corporations such as Kings and Kays, we sell and buy our Jewelry by the Gram, Quality, and Current Market Prices. Large Jewelry Franchises sell you jewelry by the Piece! Even though the Retail price of the Item is $1000.00, you're only getting $200.00 worth of actual precious metals and gems. When you buy and sell with Nothing-But-Gold.Com you get the costs of the actual precious metals and gems, in addition to business operating costs. For years we've watched the large franchise jewelry companies rip of the consumer in disbelief! Buying gold and selling gold to a Jeweller is the only way to get the Quality and Fairness you deserve!

Before you choose to sale your jewelry, you need to understand and know what to expect. Don't be fooled by these new "we buy gold" companies; they pay you in what's called "Penny Weight." Here at nothing-but-gold.com and the Gold Mind, we will explain and educate you on how to to scrap gold jewelry without getting ripped off!

Is the dealer operating legally?
Under the Michigan Precious Metal and Gem Dealer Act, dealers should be registered with the police department where the gold party is taking place. The law also requires these gold dealers to keep a permanent record of each transaction and keep all of the precious items they purchase for at least nine days.

We've been in business for 20 years, and operate legally under the Michigan Precious Metal and Gem Dealer Act. We are registered with our police department in Sharon, Pennsylvania, keep permanent records of all transactions, in addition to keeping item's we've purchased for 10 days.

Do you understand the scales?
The weight of gold helps determine its value. If you measure your jewelry on a home kitchen or postal scale it is important to understand that jewelers use a different measurement standard called a Troy ounce.( A common U.S. scale will measure 28 grams per ounce, while gold is measured at 31.1 grams per Troy ounce. )

To add to the confusion, some dealers will also use a system of weights called pennyweight (dwt) to measure a Troy ounce while others will use grams. A pennyweight is the equivalent of 1.555 grams.

Jewellers still use the pennyweight in their calculations for the necessary amount of precious metals in casting items using the lost-wax casting process. It is the common weight used in the valuation of precious metals. Dentists and dental labs still use the pennyweight as the measure of precious metals in dental crowns and onlays.

Consumers need to BE ALERT that a dealer DOES NOT weigh their gold by pennyweight, but pay them by the gram. This would allow the dealer to pay the seller less for more weight of gold!

Do you know your Karats!
Pure gold is too soft to be practically used so it is combined with other metals to create durability and color. The Federal Trade Commission requires that all jewelry sold in the United States describe a karat fineness of the alloy.

1 karat equals 1/24 of pure gold by weight. So 14 karats would mean the jewelry was 14 part gold and 10 part other metals.

Examples:
If you were to have a 14Kt gold necklace that weighs 24 grams, its 58.33% Gold. Meaning, if you were to melt down your necklace and remove the other metals added to create durability and color, what remains is 14 grams of gold not 24 grams.

If you were to have a 10Kt ( 41.66% Gold per Gram ) Gold Necklace that weighs 24 grams and melt the necklace down, only 10 grams of gold remain.

*It is illegal for jewelry to be labeled “gold jewelry” if it is less than 10 karats.

Questions? E-mail Customer Service: customerservice@nothing-but-gold.com
For Orders Call Toll-Free: 1.800.348.0559 • E-mail: orders@nothing-but-gold.com
Customer Service Representatives available 10AM until 6PM Monday-Friday, 10AM until 4PM Saturday.

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nothing-but-gold.com 122 East State Street, Sharon Pennsylvania 16146.