You can not have failed to notice all of the “cash for gold” adverts that have been appearing in increasing numbers over the last year. Shops of the same ilk have been opening on high streets up and down the country. Even cold callers have been knocking on doors asking to buy any old gold that you have. You can get rid of almost any gold items which you no longer want. It could be jewellery (bracelets, rings earrings and chains), watches, coins and bullion. To sell your items is very easy. First- find a gold buyer online; second - find out how much they offer. And third - when you have found one which gives you the best deal, simply request a special insured pack to send them your items. It is also worth noting that the offer made may well be nowhere near the true value of your possessions, a recent TV programme highlighted vast discrepancies on the amounts of cash offered by these companies on identical pieces of jewellery. Most people will have some sort of smelting company close by who may well offer much more if the item to be disposed of is pure gold.

These companies have not done found anything amazing like James Marshall did in January 1848 when he spotted something shining in the river which then started the California gold rush. It is no secret that gold has increased in value to record levels this last 12 months but what may come as a surprise is that many of us who do not want to “cash our gold” may be out of pocket. Almost all  insurance companies will require your valuable items over a certain amount to be re-valued every two years or three at the most and with the price of gold rising at an incredible rate in the last year, the insurance industry, is warning homeowners to review their existing household insurance policy to ensure any jewellery and other gold items are sufficiently covered. Your gold items will have increased in value but it is almost certain that the policy will not pay out to its potential value should you ever be the victim of theft, unless the prized items have been revalue over the last 6 months. Experts are also predicting a potential rise in the price of platinum and silver, with both metals fast becoming safer investments than currencies. Cheap home insurance policy holders need to contact their insurance company to ensure they are fully aware of the item increasing in value, and if necessary have the items issued with valuation certificates, which will also give them proof of ownership.