Isaac Sánchezentrepreneur and expert in gold and silver, he has published a video on his Tiktok channel ‘Your gold is worth more’ (@TuorobaVemes) in which he tells how a young man went to his store to sell a two trays he had found at home of a deceased relative. It is not the first time someone arrives with jewels or gold and silver belongings that have inherited Or they don’t want little money anymore. Then, you can be surprised, entering extra money in your accounts that sometimes exceed 1,000 euros.
This is the case of Alfonso, who went with two trays, one larger and heavy and the other small and light. Sanchez puts him in context. To know how much it is worth and be able to pay you in case you decide to sell it, you will have to let you do some tests. “He looks like weighing, and it’s a good sign,” says the expert. The first thing he does is teach him the “that is approved and that is a guarantee”.
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The metal from which the tray is made is silver (or at least, that awaits the boy who has come to appraise her) “like gold, silver also quotes in the stock market, all we need to do is make sure that contrasts come, do you know what they are?” Given the client’s refusal, he explains “They are small brands that come in the pieces. It is a language that we use in jewelry to give information. We can look for the Malta cross, which is a contrast to silver in 925 in 916”.
The tray is silver and is worth 1,846 euros
Of the two trays, one is from Alpaca and the other is of first law of first law. “I see David’s star, that is a approved contrast of La Plata and therefore, that tray is of first law of first law.” The price given by the expert is 1,846 euros, since, it was also the one that weighed the most. “Look, there are 1845.40 euros, we will put a 925 thousandth tray.”
“We are going to see the price, in this case, the beach is traded at 680 euros for every kilo the money silver, that is, we will multiply by 0.68 each gram.” And the client is satisfied because “it was a tray that was forgotten by the house.”
“The tray has a very high value, the silver marks historical maximum so that an interesting amount comes out.” Then, Isaac asks for the documentation in case you want to sell the silver tray: the identity card and the account number, since the amount exceeds 1,000 euros.
When is the best time to invest in gold
In a YouTube podcast of ‘Your gold is worth more’, Isaac Sánchez explains that it is a good time to invest in gold since the price is at maximum just like silver. “I always answer the same, that the best moment is yesterday”, since “if I knew how much the gold will rise or lower, now I would not be here and then when you invest, in the case of buying today and selling tomorrow, you lose safe”–
Thus, it is essential to diversify the investment. “When talking about precious metals, gold should always be. We have earned a lot of money with the purchase of gold.” Despite his youth, he has very clear ideas “if someone tells me that in case the lottery would take away the mortgage, I tell him that it is not silly that that is the lowest loan that they will grant you in your life. It is free money.”