GOLD - What Pawn Shops & Jewelry Stores DON'T Want You To Know! | REAL WORTH & VALUE

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  • Опубліковано 7 кві 2020
  • Do You REALLY Know What Your Gold Jewelry is Worth??
    Retail Outlets like Jewelry stores and Pawn Shops make a lot of money selling jewelry. This is because most people do not know the true value of their Gold Jewelry!
    In this video I will teach you how to find out what your gold jewelry is truly worth and how you can beat the retail stores at their own game!
    Be sure to watch the entire video to fully understand how easy it is to find out the "True Value of your Gold Jewelry".
    ************************************************
    Simple pocket (grams)scale that works great!
    amzn.to/362hlkC
    ************************************************
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  • Навчання та стиль

КОМЕНТАРІ • 7 тис.

  • @rockmeroughmineralstradesa691
    @rockmeroughmineralstradesa691 3 роки тому +1207

    This guy is 100% pure gold himself for the act of sharing the must know information with the public concerning buy/selling ,pricing, value of gold and gold jewelry items & products etc. Standing ovation for him because of the information he has freely given out! Any where or anyone else you would definitely have to pay for it! His act of sharing is caring is priceless!

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +64

      Awwww Thank you for the wonderful comment👍

    • @ricardohenriquez1395
      @ricardohenriquez1395 3 роки тому +12

      YEAH YOU BEEN GETTING RIPOFF UFFF FOR THE YEARS IN THE U.S CAUSE WHAT IS THE COST OF GOLD IN COLOMBIA PANAMA AND LATIN COUNTRY THEY WAY OVER PRICED WE PAY LETS SAY 100 FOR 10KT RING YOU WILL PAY THE TRIPLE.

    • @seanmacattram9320
      @seanmacattram9320 3 роки тому

      Seanmacattram

    • @VinnieVega76
      @VinnieVega76 2 роки тому +6

      @@ricardohenriquez1395 I do believe, and correct me if I'm wrong, that the price of gold anywhere in the world is the exact same price. If Cuban price of gold is higher, then you made more money selling it to the Cubans. I just don't get your point?

    • @VinnieVega76
      @VinnieVega76 2 роки тому +4

      @Unknown G shotta just currency exchange rates right?

  • @Wilhelmina-Luisa
    @Wilhelmina-Luisa 5 днів тому +480

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @HarrisMarie-wl6bl
      @HarrisMarie-wl6bl 5 днів тому +1

      I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes.

    • @Wilhelmina-Luisa
      @Wilhelmina-Luisa 5 днів тому +1

      @@HarrisMarie-wl6bl That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @HarrisMarie-wl6bl
      @HarrisMarie-wl6bl 5 днів тому +1

      @@Wilhelmina-Luisa My advisor is Victoria Carmen Santaella;

    • @HarrisMarie-wl6bl
      @HarrisMarie-wl6bl 5 днів тому

      You can look her up online

    • @Anneliese-Carina
      @Anneliese-Carina 5 днів тому +1

      @@HarrisMarie-wl6bl The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

  • @ljbull33
    @ljbull33 3 роки тому +1129

    Selfless honest and kind = rare ,we do actually have these people here in the world; Easier to find cheaters,scammers and haters.
    Thank you Roy

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +56

      Thank you for watching and your kind comment.👍

    • @elm4nsuri
      @elm4nsuri 3 роки тому +6

      is it tho? really? ask urself. whats he to gain from divulging the secrets of his trade? how much of it is altruism and how much of it is for views/monetization/subs do u think?

    • @dr.brandileebunge
      @dr.brandileebunge 3 роки тому +39

      @@elm4nsuri Your Judgements are from a place bias my friend. What's your viewpoint is what your motivation/actions are as what you'd do in his shoes. Your not open minded to really read or feel his Energies. I read people just I read your Energies now behind your commentary. Pretty much Verbatim Right? Honestly "YES!" He is retired his simple backdrop his wording is in layman's terms detailed very concise. Think before reacting sir the world & yourself will be better for it...

    • @grayman735
      @grayman735 3 роки тому +16

      @@RKTreasureCenter Now understand why my insurance agent told me to get my wifes jewelry appraised before having it insured. I had a very rude awakening when they evaluated my watches..VERY subjective..😒

    • @kclund1125
      @kclund1125 2 роки тому +15

      Boy ain't that the truth, thieves, liars everywhere

  • @Bianca.rantzsch
    @Bianca.rantzsch Рік тому +508

    Gold is a currency. It is still by all evidence a premier currency, where no fiat currency including the dollar at it current state can match it.

    • @joecaruso06
      @joecaruso06 Рік тому +1

      I agree with you. It sure is and having watched this video thoroughly alongside considering the recent dip, I know for fact it's time to buy more. Excellent video for new stackers. I've been stacking for a while & learned from mistakes. Best suggestion I could give is to become familiar with the fundamentals and ask professionals for their opinion or better still earn passively and learn at your pace. Avoid getting in over your head

    • @aliyunko9689
      @aliyunko9689 Рік тому +2

      @@joecaruso06 Most people don’t plan to fail they fail to plan........

    • @Gregfreemann
      @Gregfreemann Рік тому +1

      ​ @joecaruso06 Yes I concur. The prominence of institutional or basic financial education and managers cannot be overstated. Markets are oceans not lakes. Take myself, having encountered my fair share of bad trades, I was able to realize how timing, capital, entry and a lot more are essential. Now, I have a $122k portfolio averaging a 12% monthly roi in less than a year following - Yvonne Annette Lively's guide so I do know the importance of basic knowledge and delegation.

    • @tommyfisher277
      @tommyfisher277 Рік тому

      @@Gregfreemann The Morgan Stanley investment advisor, Yvonne Annette Lively? Tate was with her on a JustFin podcast, right?

    • @bradsandler3526
      @bradsandler3526 Рік тому

      @@tommyfisher277 Just looked her up. Records are detailed but wouldn’t she sorta pricy for 12% m-roi?

  • @khongcolong
    @khongcolong Рік тому +161

    This guy is 99.9% gold! Sincere and honest content. We need more of this on UA-cam. Thanks!!

    • @RKTreasureCenter
      @RKTreasureCenter  Рік тому +4

      I appreciate your comment. Thanks for watching.

    • @LuckyCharms777
      @LuckyCharms777 Рік тому +1

      Best comment. 👍

    • @cubertmiso4140
      @cubertmiso4140 Рік тому

      Information bandwidth is really low. Gold guide for low IQ hamsters. Rotating same obvious things over and over.

    • @janetcastruita275
      @janetcastruita275 Рік тому

      💯

    • @kittygonzalez2827
      @kittygonzalez2827 8 місяців тому +1

      I’m not aa math person...but ratio and proportion is what you’re doing, and it’s mean x extremes...easier to see if you label it in the equation!

  • @shovington67
    @shovington67 3 роки тому +739

    I just wanted to say that it is extremely rare to find a person who selflessly shares knowledge,that can improve someone's ability to survive in a business climate that truly "chews up and spits out" honest and kind people. For once, its nice to not have to be guarded and cynical about jewelry and gold.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +78

      That's what I'm here for. Is to help and share my knowledge.😁👍

    • @Scriptorsilentum
      @Scriptorsilentum 3 роки тому +16

      Took the words right out of my mouth! I've NEVER come across a gold/jewelery buyer that would share this knowledge - takes time and time is money. Also, the less the seller knows about it the better for the buyer. This is an excellent video! 😀

    • @susandoig4192
      @susandoig4192 2 роки тому +2

      Top man

    • @arvindshetty2083
      @arvindshetty2083 2 роки тому +2

      👼❤🙏

    • @erictayverystrongimaginati1662
      @erictayverystrongimaginati1662 2 роки тому +1

      👍👍👍

  • @mono4on
    @mono4on 4 місяці тому +16

    this videos so wholesome that my heart grew by 58.3%

  • @davidbenner2289
    @davidbenner2289 3 роки тому +193

    My parents were into gold and diamonds. I used to hang out in jewelry shops in Hong Kong, Vientiane, Bangkok, Beirut and Amsterdam. Mom and dad used to have custom pieces made, nothing less than 18 karats but, not more than 22 karats. Though we have a piece of hand woven silk with about a 30cm x 1 miter of 24 karat beads: each of the thousands about twice the size of a grain of rice. All this sold off years ago, dad having passed a lot 21 years ago. I know quite a bit about hold and diamonds, as well as the quality and value if prescious stones. With all this said, I never had a better class or seen a better video on the value and quality on gold jewelry and metal than this one. You get an A+++ or, if if it was compared to the very finest of gold, you would be 99.999 pure! I don't consider owning anything with gold in it if it is less than 18 karats. Excellent video! Bravo! Thank you very much for this.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +12

      Thank you for your comment and for the information👍

    • @sharonharris7534
      @sharonharris7534 3 роки тому +14

      Roy, u r worth 1000x ur weight in GOLD for the knowledge u shared in this video. I grabbed a notebook n backed up several times to correct my messy note taking & caught little comments (missed due to noise (dog barking, interruptions, etc.) Jewels that I would have missed!! Thank you for the wealth of Wisdom shared.

  • @vinjanderson
    @vinjanderson 2 роки тому +205

    I already know about gold, but I just want to say, as a gold enthuisat, That I 100% thoroughly love and enjoyed this video. I support this man's hard work & efforts to teach the common consumer

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому +4

      Awesome....thank you😁👍

    • @gordendavis3585
      @gordendavis3585 2 роки тому +5

      Did anyone know that goal is a rare Element because it can only be produced during one event, and that event is a supernova explosion when the sun has exhausted all of his hydrogen begins burning heavier elements until it runs out of any elements to burn and the force of gravity is so intense that it compresses the star down to its core and a massive explosion occurs doing this massive explosion the intense pressure of gravity causes all of these elements to be spewed out into the Galaxy are nickel copper Platinum uranium and of course gold. Man has been able to reproduce gold in the laboratory however it is extremely expensive and not cost-effective when you are modifying the atomic nuclei of an atom in order to get the appropriate atomic number for gold. I won't go into the details of atomic mass and atomic weight but that's the whole point it's all about the proton neutron electron configuration of an atom which determines what element and material will be. So just what I said gold is extremely rare and that's why it has such value it's a beautiful metal and it can only be created in the heart of a dying star.

    • @Eagle-zl4gz
      @Eagle-zl4gz 2 роки тому +5

      @@gordendavis3585 and that’s why it’s called gods currency

  • @mondob2867
    @mondob2867 Рік тому +8

    Great video, I learned a lot and got answers to all the questions I always had about learning how to value the various carats of gold jewelry! Thanks!

  • @swinn848
    @swinn848 Рік тому +2

    That you for the free education. I’m a new stacker and been looking to expand into this knowledge base

  • @Grimfest14
    @Grimfest14 3 роки тому +276

    Pro tip for you old timers, take a picture of the marking with your smart phone, than zoom in, better than 99% of the loops on the market.

  • @svanablak
    @svanablak 2 роки тому +17

    i am never buying ANY jewelry the same way again! dude, you just gave us THE game!

  • @donniebrasco4276
    @donniebrasco4276 Рік тому +8

    Awesome video! Thank you for your years of knowledge. I can no longer get taken advantage of by dishonest folks.

  • @mturner2584
    @mturner2584 Рік тому +125

    Great video! This guy is doing what would take most years to learn if they’re starting from scratch. Not a lot of people would take the time to teach people this kind of thing.

  • @TheLordbal
    @TheLordbal Рік тому +4

    regardless on whether you have knowledge or not, never ever sell anything to a pawn shop, ever. unless you want to get ripped off.....

  • @lynnfarley7851
    @lynnfarley7851 3 роки тому +231

    I found an old wedding/engagement ring at an out of the way Antique store. The owner sold it to me for $40.00. (Business was slow and she needed the cash.) After cleaning and refreshing the ring, I noticed small print on the inside of its band. I took it to the jeweler to get a quote of its true value. Lets just say, I had to get the ring insured due to the high value of the diamond(s) setting abd high metal/gold value! (The jeweler even offered to buy it from me! I declined.) Today, I have a beautiful ring that I now wear as my wedding ring that could be the most expensive item I own next to my house and my car! BTW, I keep an open eye at thrift and antique store.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +14

      Awesome, thanks for sharing!👍

    • @dianeriegel839
      @dianeriegel839 2 роки тому +12

      Good for you sweetheart !!!! God bless you always 🙏 and congratulations on the beautiful ring you found ❤ this gift is far from few, is it not so impossible to find ??? Keep your eyes peeled people 👀 you just never know...

    • @JoseGomez-wb2kb
      @JoseGomez-wb2kb 2 роки тому +24

      Why u lying 🤣

    • @dacommish23
      @dacommish23 2 роки тому +17

      @@MikeMike-nf1jy ...man u stupid, why she has to prove anything to you "gatekeeper of nothing"? Ha ha...wow...she shared an experience, stop being a miserable misanthrope.

    • @MikeMike-nf1jy
      @MikeMike-nf1jy 2 роки тому +4

      @@dacommish23 You took shit the wrong Way, You think your ass is kooool. Hell NAW Get A Life

  • @sarahrenfrow9795
    @sarahrenfrow9795 3 роки тому +87

    I’m so confused now, I’m going to take a nap and watch this again when I wake up, but only after I throw up for giving away the gemstones when I sold almost all my gold jewelry!

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +34

      Oh don't think bad. Many gemstones are not worth a ton of money unless the were large and or near flawless. Many people dont know, so you're not alone. This is why I made the video. Thanks for watching!👍

    • @malaikaal-amin2706
      @malaikaal-amin2706 3 роки тому +18

      @Sarah Renfrow: yes I learned that lesson the hard way too!
      I was fortunate to find a very sympathetic jeweller who ""pulled my coat tail"" the same as ROY.
      He told me to ALWAYS remove the gemstones before selling the gold, especially if the gemstones are genuine and worth some money. You'd be surprised and appalled at how some pawnshops get thousands of dollars when they've given you only a couple of hundred dollars for your jewelry.
      Much like ROY here, he was a modest man and not a RIP-OFF ARTIST as so many pawn shops are. Good luck next time!

    • @randallmccollum418
      @randallmccollum418 3 роки тому +2

      Most stones are really worthless to begin with so don't worry to much. Same as the gold. You paid the retailer mark up

    • @jazzythequeen8875
      @jazzythequeen8875 3 роки тому

      I sold a couple of gold rings to the pawn shop that I bought off the streets...Dang!!!!

    • @annevan8836
      @annevan8836 2 роки тому +3

      U r very honest person. God bless u.

  • @Sorchia56
    @Sorchia56 Рік тому +7

    I’m so pleased I found you!!! You are brilliant at explaining it all and a hoot as well. My Gramps taught me about gold, silver and all the gems 💎 ratings, numbers, letters, etc. when I was a wee lass. No, he wasn’t a jeweller. He, along with my Da, invested well. I was investing, through them, by the age of 10. It’s astonishing to me how overpriced jewellery is in shops let alone people pay that price!! If you know the true value, you can spend properly.

  • @kingj3551
    @kingj3551 Рік тому +2

    Needed this, thank you. Never bought any jewelry but saving up to buy some very fine gold. Will mos def rewatch and soak up all the game i can 💯

  • @310katie310
    @310katie310 3 роки тому +68

    I listened to this at 1.5X speed and 1) LMAO 2) had my mind blown by how much this dude knows. Favorited, for sure! I learned so much - THANKS!!

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +12

      Awesome Thank You! (replied at 1.5 speed....lol😀👍)

    • @dreamer1824
      @dreamer1824 3 роки тому +1

      Try .50 speed. Bro sounds like Otis Campbell! Drunk as a skunk! 😂

    • @random4969
      @random4969 2 роки тому +1

      Katie 😊

  • @kelseycurtis1546
    @kelseycurtis1546 Рік тому +60

    I learned these things over a 5 year period.It's exactly right,and it will be worth 1000's to listen to what this man tells you.Good info,not difficult to learn.

  • @josearrasola7236
    @josearrasola7236 5 місяців тому +2

    Hello sir , from all the 2 days of searching around due to I found a ring on the floor with very little bit of markings and all the testing and pointers you have given me within a matter of 20 minutes I’ve learned in total lifetime. Thank you so much and keep those videos coming because the more you teach the more I learn and the richer I get thank you.

    • @RKTreasureCenter
      @RKTreasureCenter  5 місяців тому

      Thank you for watching and the wonderful comment. 😁👍

  • @nikkis7826
    @nikkis7826 Рік тому +2

    i was literally just looking at your ebay store last week. great prices. i wasnt able tp purchase anything at the time but i was watching alot of it. thank you for the video! :) i love jewelry. im a mom of three and a jewelry collector. love gold and silver. designer made jewelry. or jewelry with history.

  • @dilligafhellno2828
    @dilligafhellno2828 3 роки тому +220

    Maybe I wont feel like such a dumbass when I walk into a pawn shop. I feel like the playing field has been leveled a bit.
    Thank you, Sir!

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +11

      Thank you for watching😁👍

    • @christinamcdonald2890
      @christinamcdonald2890 3 роки тому +5

      @@RKTreasureCenter
      THANK YOU VERY MUCH💯💯💯

    • @alienvampirebusterswhoyoug8257
      @alienvampirebusterswhoyoug8257 3 роки тому +8

      You already made the mistake by walking into a pawn shop or jewelry store to sell your stuff lol

    • @persephone2706
      @persephone2706 2 роки тому +2

      @@alienvampirebusterswhoyoug8257 Exactly.

    • @mad-maxx2211
      @mad-maxx2211 2 роки тому +2

      @@alienvampirebusterswhoyoug8257 what’s a good
      Place to sell ?

  • @connie3527
    @connie3527 3 роки тому +349

    The gold buyer or pawn shop, will almost always, also deduct the stone weight, or their approximation of same, from the overall weight of the piece, unfortunately reducing the offer they make on your gold jewelry. In my humble opinion, it's always best to remove any stones yourself if able, prior to selling gold jewelry for scrap prices. If you are unable to do so, ask them if they would mind doing it for you. Often they will, unless the stones are quite small, or pose too much difficulty to remove. If you have an antique, or substantial piece beset with good size diamonds or other non simulated gemstones, it may be worth your while to stop by a shop or jeweler, that deals in estate jewelry. They may be willing to give you a much better price based more on antique, maker or stone value, than precious metal weight alone. As you noted, with genuine, large, precious and semi precious stones, gemological identification and grading is a must for optimal sell price. Good, informative video. Thanks for sharing.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +26

      This is a very good comment A+. 😁👍

    • @LaHayeSaint
      @LaHayeSaint 3 роки тому +7

      I was going to ask exactly the same question, as I saw the measured weight was for gold ring plus stone.

    • @jesusjjesusj4245
      @jesusjjesusj4245 3 роки тому +1

      A
      * a CARAT
      GlO GlOR GOlD

    • @rubik887
      @rubik887 3 роки тому +1

      Hello how many gold have scarp gold from components, computers, people buying that for cheap price per gold bar its a crap,or scam?

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +14

      @@rubik887 it takes a ton of computer components and a lot of work to get a little gold.

  • @CITYBOY5950
    @CITYBOY5950 Рік тому +3

    I just went ahead and threw this into a spreadsheet to make these calculations way faster 😅 thank you for breaking it down, it was very informative

  • @Jesuswinsbirdofmichigan
    @Jesuswinsbirdofmichigan Рік тому

    "Be blessed". That is gold that can't be lost. Merry Christmas!

  • @vvalasek
    @vvalasek 3 роки тому +125

    Everyone that buys an engagement ring or wedding ring
    Should watch this before they buy

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +7

      Glad you watched and commented👍

    • @9999plato
      @9999plato 3 роки тому +2

      Just buy silver bands and be done with it.

    • @youtubecertified4643
      @youtubecertified4643 2 роки тому +1

      @@anorsegoddess9797 i guess you like paying more than something is worth.

    • @12345674309
      @12345674309 2 роки тому

      It won't make any difference, the price will be the same. Jewelers are in business to make a profit. Commonly jewelers sell at "triple key" or three times their cost.

    • @12345674309
      @12345674309 2 роки тому

      @@youtubecertified4643 What a piece is "worth" is what it will sell for to a willing buyer. There are basically five legitimate values for the same item. It depends on WHERE it's sold, WHEN it's sold, etc.

  • @snarky_user
    @snarky_user 3 роки тому +245

    There's a reason jewelry stores will take 10% down, and 0% interest for jewelry without a credit check. At 10%, you've already paid their cost.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +36

      So true👍

    • @gwaaiedenshaw8310
      @gwaaiedenshaw8310 3 роки тому +4

      If you are just looking for raw material. ...... wait. Does that mean I’m undercharging?

    • @pinschrunner
      @pinschrunner 3 роки тому +21

      Retail jewelry markup is generally 3x key.

    • @lawrenceehrbar8667
      @lawrenceehrbar8667 3 роки тому +18

      The best value of gold jewelry is generally a gold chain, especially the heavier ones. Mark-up on other pieces is astronomical. You are paying for less common designs and, of couse the maker/designer has to make a buck and then the retailer is gonna bump up the price handsomely as well.

    • @QuantumEffectResidue
      @QuantumEffectResidue 3 роки тому +17

      The old tricks of the 20th Century are dead pretty much. Let's put it this way, they're either dead outright or dying a slow death. Knowledge of how things are done are all coming out into the open.

  • @cindydumas3639
    @cindydumas3639 7 місяців тому +4

    This was really GREAT, I learned a lot. Thank you for explaining in such great detail. The world needs more people like you!!!!
    I appreciate you.

    • @RKTreasureCenter
      @RKTreasureCenter  7 місяців тому

      Wow, thank you! 😁👍

    • @adoridaktari
      @adoridaktari 7 місяців тому

      ​@@RKTreasureCenter
      Thanks for this information, a kind teaching or guide, as we scratch the earth for Gold, how easier can I spot it's location too?

  • @fbcrypto4897
    @fbcrypto4897 Рік тому +1

    Thanks for the video. I wasn't even looking for this kind of content but it showed up and i watched the whole video because it was really interesting and valuable, i took some notes. Thanks again

    • @RKTreasureCenter
      @RKTreasureCenter  Рік тому +1

      I appreciate you taking the time to watch and comment. 😁👍

  • @skyelee9398
    @skyelee9398 3 роки тому +25

    Pawnshop will usually sell 3Xs what it’s worth. So if they’re offering you $100 for a gold piece that means that they need to sell it for around $300. Stay away from pawnshops to sell any gold piece. But if you need a quick loan that’s a good place. Loans only.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +2

      So true👍

    • @ih8you713
      @ih8you713 2 роки тому +1

      My dad used to own a pawn/buy&sell here in las vegas and he told me that for gold they wouldnt pay more then 35-40% of what the item was actually worth.but he always would start with a 30% offer and work up to 40.its a greedy business

    • @giselle1245
      @giselle1245 2 роки тому

      SkyeLee what if you sell fake jewelry?? Will they still buy it for 100??

  • @Nicholasxie
    @Nicholasxie Рік тому +109

    Thank you for this wonderfully informative video. I grew up in Asia and 24k gold was the only gold I knew. My parents have always told me to treat 24k gold as money. They sneer at any gold that’s is less than 24k. When I came to the U.S, I realize how popular 14k is in jewelry. I prefer wearing 14k because it retains its shape unlike soft 24k jewelry. After watching your video, I have learned that next time I go to estate sales, I will buy solid gold jewelry pieces without embellishments because pawn shops won’t give me much or anything for the stone. I also need to buy a scale so I can find out the value of my existing gold pieces, especially 24k ones that my relatives gave me as wedding presents. Thank you for sharing your knowledge!!! 🥰

    • @RKTreasureCenter
      @RKTreasureCenter  Рік тому +19

      Glad you watched and if you sell your 24k jewelry....get the maximum amount. 😁👍

    • @donaldmaxie9742
      @donaldmaxie9742 Рік тому +3

      24K gold doesn't wear well. If you wear it as jewelry alloys hold up better. Also industrial standard is+/- 0.5 k of the marked quality. Guess what side of the marked fineness you get when you buy jewelry.

    • @kaimanyu586
      @kaimanyu586 Рік тому +5

      @Donald, in China we care only about 24k gold, nobody wants jewelry that is less than 24k..
      Jewelry are status symbols, so wearing cheap gold doesn't work, it's also very easy to spot when something is less than 24k.. So people don't like to wear it... If you're going to show off, wear the real stuff....

    • @poollife777
      @poollife777 Рік тому +17

      @@kaimanyu586 I guess I never pay attention to what people are wearing and when you're just looking at a person you can't tell the difference between real or fake. I'm not materialistic.

    • @joelspaulding5964
      @joelspaulding5964 Рік тому +11

      Almost no jewelry is made if 24k

  • @cassandrastephens9200
    @cassandrastephens9200 6 місяців тому +3

    Thank you this is the most comprehensive yet understandable video which was organized in a concise manner making the information easy to retain. Thank you!

    • @RKTreasureCenter
      @RKTreasureCenter  6 місяців тому

      You're very welcome! Thanks for watching and commenting. 👍

  • @claudiamiller7730
    @claudiamiller7730 Рік тому +9

    Such a well thought out and presented video! Excellent info, sir!

  • @anthonydouglascontares3471
    @anthonydouglascontares3471 2 роки тому +69

    One of the best lessons of beneficial knowledge I've seen in a while ; interesting and looking forward to watching more related videos.

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому +4

      Thank you Anthony for watching and leaving a comment.😁👍

  • @Sparkjumper59
    @Sparkjumper59 2 роки тому +44

    The answer on the value of jewelry when you’re trying to sell it is always........practical nothing, it’s only valuable when you’re purchasing it

  • @sleepyclayton
    @sleepyclayton Рік тому +4

    there's lots of youtuber outside sharing information but i can tell he's a genuinely nice just from watching this 1 video. subscribed

  • @Jake_7Collector
    @Jake_7Collector 18 годин тому +1

    Awesome brother!
    Thank you for sharing!

  • @karlagarcia1851
    @karlagarcia1851 3 роки тому +75

    Here’s a lil info that might help you all. 😉 you can also use a magnet 🧲 to see what type of metal you have. If the magnet pick up your jewelry then you know for sure 💯 it’s ....... suspense 😝 it’s not Gold! So if it picks up your jewelry etc then it’s not gold material.hope this helps you all. When buying jewelry have a magnet great lil tool If ur at a garage sale etc.

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +11

      Good comment thanks for watching👍

    • @emeraldfox7175
      @emeraldfox7175 3 роки тому +1

      Exactly right luv!

    • @richardallen503
      @richardallen503 3 роки тому +2

      Same with silver

    • @reynolrodriguez3590
      @reynolrodriguez3590 3 роки тому +4

      Gold is not magnetic. ... Because solid gold jewelry is made from alloys that contain small amounts of alternate metals, your jewelry may still respond to magnetic pull. With items made of silver, but when they plate with the rhodium to stop tarnishing, they use a metal (can't remember what) in a thin layer to bind the rhodium to the silver which is magnetic.

    • @ginaharrison5560
      @ginaharrison5560 3 роки тому +2

      If a magnet picks up the jewelry, it means it has IRON in it.
      You never want IRON in your jewelry.

  • @georgeecheveste6545
    @georgeecheveste6545 3 роки тому +26

    This was a VERY informative video.
    So much information that it confused me many times.
    Fortunately, I just replayed that part.
    It does a great job teaching us about GOLD.

  • @Olgapolecka
    @Olgapolecka 8 місяців тому +1

    THANK YOU SO MUCH FOR THIS VIDEO! 😊🙏I have learned so much!

    • @RKTreasureCenter
      @RKTreasureCenter  8 місяців тому

      You are so welcome! Glad you watched and commented. 👍

  • @stackologist9229
    @stackologist9229 Рік тому +1

    Great video, thank you for breaking the concept down. I always haggled my buying price because most places overcharge...

  • @RMSVB
    @RMSVB 3 роки тому +50

    I hit the like bottom when he started talking about: take your favorite beverage...how thoughtful. Grabbed it and now gonna watch

  • @Cindy-qe5rw
    @Cindy-qe5rw 2 роки тому +8

    I’m only half way through this video right now and I’m mesmerized! Thank you so much for sharing your knowledge.

  • @duncanhorne962
    @duncanhorne962 Рік тому +1

    Great heads up & thanks for that. I am very impressed, & quite taken aback by your no mess, no fuss attitude, just pure facts. I am very impressed, as mentioned. Many thank's for sharing, as It's facts that are a one-off & I appreciate them greatly. Top Man Roy!

  • @lovelylyrics1687
    @lovelylyrics1687 Рік тому +1

    You are an excellent teacher and I think it's because your personality is just awesome. Thank you for your help in understanding Gold.

  • @AcidManProductions313
    @AcidManProductions313 3 роки тому +199

    This video literally is like GOLD itself, 🤔💪💪🤯

  • @TJ-mu6ud
    @TJ-mu6ud 4 роки тому +19

    Great and creative video, Roy! Thank you for breaking down a complex concept to a level we simpletons can understand!😉

    • @RKTreasureCenter
      @RKTreasureCenter  4 роки тому +2

      Well thank you Denise, but we are all simpletons in one fashion or another. Thank you for being supportive!!😁👍

  • @aubione4706
    @aubione4706 7 місяців тому +1

    This was the first ever vid on gold i watched..very infomative, accurate and honest.

  • @MoeDeNiro
    @MoeDeNiro 8 місяців тому +1

    Excellent video. Thank you for educating us. ❤

  • @mrtom5201
    @mrtom5201 2 роки тому +15

    Thank you for all the precious information you gave us with your knowledge and experience you were able to explain everything clearly. I subscribed and liked the video channel. I hope you can continue uploading more great videos like this.

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому +1

      Thank you and welcome. I appriciate your comment.😁👍

  • @cynthiaa8641
    @cynthiaa8641 4 роки тому +24

    I had no idea! Learned a lot about gold watching this, Roy! Thanks for sharing your knowledge. Take care!

  • @bellaflo79
    @bellaflo79 12 днів тому +1

    I am happy to find your channel!
    Thanks!!!

    • @RKTreasureCenter
      @RKTreasureCenter  12 днів тому +1

      Thank you so much. I truly appreciate your comment. 👍

  • @ronbattiston2468
    @ronbattiston2468 Рік тому +1

    Thanks very much! That is the best video I have ever watched about the value of gold rings and the value of gold.

  • @zarinekhan4410
    @zarinekhan4410 2 роки тому +7

    This guy has a heart of GOLD.
    Thankyou so much for sharing such valuable piece of information.

  • @sherrijohnson3399
    @sherrijohnson3399 3 роки тому +14

    Roy, this video was awesome 😃👍🌟🌟
    I learned so much and I appreciate the tests and mild graphics. You made it very simple and easy in purchasing, valuing, examining and selling gold jewelry. Thank you so much😊👍 And you were funny too😄😄😄😄

  • @mariaquinones4487
    @mariaquinones4487 8 місяців тому +2

    Thanks for this lesson. Very valuable info.

    • @RKTreasureCenter
      @RKTreasureCenter  8 місяців тому

      Thank you for your comment and for watching.👍

  • @howardhudson9890
    @howardhudson9890 8 місяців тому +1

    Outstanding! Thank you for the information!

  • @olivertaylor8788
    @olivertaylor8788 3 роки тому +13

    Excellent lesson ..thank you for your honesty,and taking the time to share your knowledge.

  • @ericgoernert7946
    @ericgoernert7946 2 роки тому +3

    Thanks for sharing your time and experience with us. Really appreciate your sense of humor as well 👍

  • @yateleyhypnotherapy2111
    @yateleyhypnotherapy2111 Рік тому +34

    Oh, btw, wonderful video. Absolutely loved it. I wish you could give some hints about unhallmarked gold. There’s a lot of it around too, as so many people remelt their jewelry. My mother did that constantly. So don’t necessarily throw away unhallmarked pieces!

    • @RKTreasureCenter
      @RKTreasureCenter  Рік тому +8

      Good sharable information. Thanks for watching. 👍

    • @PlatinumRatio
      @PlatinumRatio Рік тому +5

      I've never seen non-hallmarked jewellery that isn't junk metal and I've seen a lot that is fake... and I've seen 100,000 pieces go through gold buyers. It's a shock to discover how much cheating goes on with cheap sellers and 2nd hand sellers are worse. A lot of shady characters are attracted to easy money, whereas established jewellers will never chance it - not once in their whole career.

    • @timduvall8482
      @timduvall8482 Рік тому +6

      Best thing to do is get a jewelry acid testing kit and learn hot to scratch test the gold. I have had some pieces that were stamped 14k that were more like 8k

  • @ricogoldstar
    @ricogoldstar 3 роки тому +4

    Thank you. I love buying and selling gold. Also love learning about the history and various values of gold. Thanks for uploading and sharing info.

  • @nigelfletcher9231
    @nigelfletcher9231 3 роки тому +16

    Great information Roy,appreciate the insights when looking for gold jewellery

  • @ACA4412
    @ACA4412 7 місяців тому +1

    Hi. I just found your channel and I love listening to you talk. You are such a great guy for offering up this information. You have a new subscriber. Thank you

  • @jefflacombe6890
    @jefflacombe6890 7 місяців тому +1

    Thanks for this video it was very helpful much appreciated

  • @sallymay3643
    @sallymay3643 3 роки тому +8

    Thanks 4 breaking that down i learned some good stuff & understood enough
    2 know what I'm buying. GOD bless U.

  • @alluniquefashion6202
    @alluniquefashion6202 3 роки тому +25

    The man is so honest. The first time I enjoyed a video. He explained it so well

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому +1

      Awesome Comment! Thanks for watching and the kind words👍

  • @NachosWheeler
    @NachosWheeler 2 місяці тому +2

    Thanks RK, certainly appreciate knowing this

    • @RKTreasureCenter
      @RKTreasureCenter  2 місяці тому

      I appreciate you watching and commenting. 👍

  • @Magnificent2600
    @Magnificent2600 17 днів тому +1

    Thanks so much for this video you blew my mind up!

    • @RKTreasureCenter
      @RKTreasureCenter  17 днів тому

      I'm so glad you watched. Thanks for the comment. 👍

  • @kingbenji5857
    @kingbenji5857 2 роки тому +2

    Great video! I learned so much about Gold that I never knew! I want to research more about this, thank you Roy🙏🏽

  • @willduggan6170
    @willduggan6170 2 роки тому +8

    An honest man earning an honest living and educating others. Good guy!

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому

      Thank you Will. I hope to keep educating the best I can.👍

  • @Greg_Diode
    @Greg_Diode Рік тому +1

    Incredible. Thank you for the honesty bud! Subscribed!

  • @raindanse8466
    @raindanse8466 10 місяців тому +2

    Highly informative video and I kept up while
    understanding everything he spoke of. This guy was great.

    • @RKTreasureCenter
      @RKTreasureCenter  10 місяців тому +1

      Thank you for watching and you're nice comment. 😁👍

  • @lcalexandra359
    @lcalexandra359 2 роки тому +4

    Thank you Roy
    You’re truly a kind person.
    I learned so much from your video

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому

      Thank you very much. Glad you enjoyed the content.👍

  • @lizettebuzad3954
    @lizettebuzad3954 2 роки тому +43

    Wow what a wonderfully informative video, very succinct and taught me everything I need to know about gold jewelry in a very detailed and simple manner. Bravo, thanks a bunch Roy and keep up the good work. God bless 🙌🙏🏻

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому +5

      Thank you. I am glad you enjoyed the content and the video.😁👍

  • @kimberlylamantia7794
    @kimberlylamantia7794 Рік тому

    Excellent video! I look forward to seeing more content as this is my first time watching your channel ☺️

  • @kc7136
    @kc7136 Рік тому +2

    I'm a hobbyist and thought I knew it all!!! Thanks Roy. Wonderfully presented video.

  • @hasdrubalsosamarquez5430
    @hasdrubalsosamarquez5430 2 роки тому +3

    This video here will be most relevant in your archives no matter how much time passes. I've learned so much in the first ten minutes and paused to write this comment to let ya know how valuable this info is. Much love 💌 from New Jersey 🙋🏻‍♂️

  • @dianetodd9719
    @dianetodd9719 Рік тому +4

    Thank you so very much for the information!! I happened to come across some beautiful old Gold and stone jewelry ( hidden in a house that my friend and I bought) brought it to the pawn shop and they wanted to buy it and was in a hurry to buy it all for 300.00 !! So I thanked them and felt like there was more to them than trying to help me!!!! So now I will deep into search to sell it myself with out being taken!!! So glad I came across your video!!!

  • @pz3j
    @pz3j 5 місяців тому +1

    Thank you for sharing this knowledge bro. May you be blessed.😊

    • @RKTreasureCenter
      @RKTreasureCenter  5 місяців тому

      So glad you watched and enjoyed. Thank you. 👍

  • @Sunny-jz3dy
    @Sunny-jz3dy Рік тому +6

    I love the way you use humor throughout your explanations! 😂 Thank you for sharing this info. I know a lot of people don't understand most of the things you've mentioned. Including myself of course...lol For example... I had never heard of a "Troy Ounce" before this.

  • @hygqueensav
    @hygqueensav 2 роки тому +75

    This is an excellent video! Straight forward, to the point and easy to understand! Could you do one on silver as well? That would be great!

  • @jmsBungz
    @jmsBungz 3 місяці тому +4

    I'm British🇬🇧🇬🇧 I own 9ct Gold here I love your video, I do have to say iv even had 9ct jewellery handed down 3 or 4 life times it does not tarnish Quickly quite the opposite robust & sturdy no less.. I only have 24ct small bullion.. Alot of my Indian 🇳🇪 friends own alot of 24ct jewellery and it's forever breaking Bending, snapping beacuse of the high purity being softer

    • @RKTreasureCenter
      @RKTreasureCenter  3 місяці тому +2

      Hello British...Yes, 24k jewelry is nice and expensive, but makes for lousy sustainable jewelry. Thanks for watching and sharing. 👍

    • @jmsBungz
      @jmsBungz 3 місяці тому

      Also when I buy diamond rings I only buy GIA certificate if it's from a store with all the paperwork u get a good £800 to £900 on a £1300

  • @brianjordan3460
    @brianjordan3460 Рік тому +2

    Watched this video last year and copied a few notes. Found the notes today and didn't understand one damm thing I wrote. All in shorthand and symbols I'm sure made sense at the time.😄
    So happy to find it again and understand. The knowledge is gonna help immensely with some of my finds medal detecting.
    Thank you for passing on some of your expertise..😊🤙

  • @reginakeen9606
    @reginakeen9606 3 роки тому +4

    One of the BEST videos that I have seen! Thank you for sharing your knowledge in simply terms!

    • @RKTreasureCenter
      @RKTreasureCenter  3 роки тому

      I hoped it helped a little.

    • @reginakeen9606
      @reginakeen9606 3 роки тому

      @@RKTreasureCenter It helped a lot! You made it very easy to understand. I now feel more confident when I am out looking or selling. Thank you

  • @lueyav
    @lueyav 2 роки тому +4

    Thank you for sharing your knowledge and wisdom Roy!

  • @DayTrader__
    @DayTrader__ Рік тому

    Very easy to listen to and very informative.
    Thank you for the upload! 🙃

  • @serenahdelilah281
    @serenahdelilah281 Рік тому

    The most helpful video ive seen about how to value gold . Much appreciation

  • @cierapaige9139
    @cierapaige9139 3 роки тому +8

    This was so informative! I love going to antique markets and I feel much more prepared to reselling! Great video!

  • @louisebrown07
    @louisebrown07 2 роки тому +4

    I just watched your video and I was amazed that you gave us all that info Thank you you’ve really helped me out of being ripped right off Thank you

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому

      You are so welcome. Thank you for watching and tour support.😁👍

  • @ramonaneyrinck2292
    @ramonaneyrinck2292 Рік тому

    Thank you Roy!!
    I’m learning about investing.
    This will come in handy for my precious metals portfolio.

  • @wildestcowboy2668
    @wildestcowboy2668 11 місяців тому +1

    Ole Roy is a good one, I watched this video 13 times while checking all our gold.

    • @RKTreasureCenter
      @RKTreasureCenter  11 місяців тому +1

      Hope you have some good pieces. Thanks for watching 👍

  • @savantianprince
    @savantianprince 3 роки тому +4

    You are a true educator of precious metals. What a gem of information. Thank you.

  • @cjlittle88
    @cjlittle88 3 роки тому +61

    This video is a gem itself! Thank you for the lesson.

  • @sagarverma6901
    @sagarverma6901 Рік тому +1

    💖💖💖💖💖 i don't have words. brother, you give me treasure of the gold industry that i am looking for a long time. Big Thanks from Canada

  • @lawrencesmith6840
    @lawrencesmith6840 Рік тому

    Thank you! Very informative and charitable of you.

  • @debbieburns8140
    @debbieburns8140 4 роки тому +3

    Hi. Came over from Cincinatti picker. What an awesome video full of information. Going to have to binge watch now.

    • @RKTreasureCenter
      @RKTreasureCenter  4 роки тому

      Welcome Debbie B. Thank you for the awesome comment and support. 😁👍

  • @dolphingirlcali
    @dolphingirlcali 2 роки тому +27

    Roy, I wanted to thank you so much for this wonderful video. It was clear & easy to understand. I can now sell some of my gold jewelry with some educated confidence that I won't be ripped off again.

    • @RKTreasureCenter
      @RKTreasureCenter  2 роки тому +1

      Glad you watched.....thank you.👍

    • @joelyorba7680
      @joelyorba7680 8 місяців тому

      Very educated video thank you for taking the time to teach the commen folk the value of gold .