Where Do You Go When Your Bank Says No!

 

You visit Calaveras Coin & Pawn in downtown Angels Camp, whether you need a little cash or a lot.  Whether you are selling or pawning we can help and with interest rates as low as 1% how could it be any better?  1283 S Main St. Angels Camp, CA 95222.  Open M-F 10am to 5pm and Saturday by appointment.

Are Phony Gold Buyers Ripping You Off? INVESTIGATION

Investigation Reveals Truth

      Over the past four months, Central and Northern California (especially those in the Sierra Foothills and Mother Lode areas) residence has been besieged by out-of-state businesses wanting local residents to part with their precious metals and collectibles but offering only pennies on the dollar in exchange.
      Most unscrupulous buyers are renting banquet or meeting rooms in local hotels throughout Sonora in Tuolumne County especially.  Recent events have been held at Sonora Oaks Best Western and Aladdin Motor Inn.

   Their ads proclaim "Paying Top $$$ ... Over $3 million paid out last year" and "We represent some of the word's top memorabilia collectors" and "Top Dollar Paid," but an ongoing investigation have found found hotel gold buyers don't live up to the hype.

The Law:

California Business and Professions Code (B&P) §21626(a) defines a secondhand dealer as “any person whose business includes buying, selling, trading, taking in pawn, accepting for sale on consignment, accepting for auction or auctioning secondhand tangible personal property.” (this includes gold and silver found in items such as jewelry).

A "secondhand dealer" must be licensed. (B&P Code 21640) (Not just a city/county business license but a "Department of Justice Second Hand Dealers License" - requiring a background check and fingerprinting.)

All transactions must be done at the location on the license. (B&P Code 21642.b.1) 

All secondhand dealers shall report all transactions to the Chief of Police or Sheriff. (B&P Code 21628) 

Every secondhand dealer shall hold for 30 days all tangible personal property acquired, and shall make it available for inspection by law enforcement. (B&P Code 21636) 
Violation of any of the above is a misdemeanor with up to a $1,500 fine and/or 60 days in county jail. (B&P Code 21645). 

If you are the host of, or otherwise allow at your location, a gold party that is not in full compliance with the laws that govern and regulate a "secondhand dealer" (requiring a Department of Justice License, you may be held liable in a crime. CA Penal Code §31. [“All persons concerned in the commission of a crime, whether it be felony or misdemeanor, and whether they directly commit the act constituting the offense, or aid and abet in its commission,...are principals in any crime so committed.”] 

Also if the business transacts a certain amount in precious metals yearly a "Anti-Money Laundering Plan" (AML Plan) must also be on file with law enforcement and the hosting entity.

Come to the name that folks of the Foothills & Mother Lode have been coming to for nearly 25 years, Calaveras Coin & Pawn in Angels Camp.  Family owned and operated.  1283 S Main St. in historic downtown ANGELS CAMP (DOWNTOWN FROG TOWN).  (209)736-COIN

What Is The Best Necklace Length For Me?

Gerad's Advice: "A great tip I learned while working as a professional photographer for shoots was that the most stylish length of necklace for a woman is at least two sizes above her actual neck measurement. Use a measuring tape to find how many inches around your neck is, then add two to four inches to that."

16 inches: Choker length, this length highlights the neckline and works well on petite women. This also tends to be a more "formal" look.

18 inches: Sits at the Collarbone. This is the most common length because of its versatility. It tends to work well with many types of necklines.

20 inches: Sits a few inches below the collarbone. This style tends to bring the focus toward the chest.

22 inches: At or above the neckline.

24 inches: Below the neckline.

30 inches and more: The Rope length is very popular because it allows many elegant looks. The strand can be double or triple wrapped around the neck depending on its length, or worn as a sexy, long, draping strand. This length can also be wrapped to wear as a bracelet.

Gold & Silver Numismatic or Bullion?

When you are buying physical gold or silver, you can buy numismatic or just plain bullion.  Numismatic coins are for coin collectors.  There are numismatic gold coins and silver coins.  The value is determined on things such as date it was issued, rarity, condition and even the mint where it was produced.

There is a learning curve to be an investor in numismatic coins. You must also have a trusted and knowledgeable coin dealer to work with.  If you are a beginner or if you are just trying to protect your wealth and buying power of your money, then invest in bullion.  There are two main types of bullion products:  bars and coins.  I prefer gold eagle coins and silver eagle coins the best when buying bullion.  Let me explain why.

First, let’s just talk about bullion in coin form.  A coin is a universally recognized unit of weight, and many consider gold and silver coins to be money.  No, you cannot go to the supermarket with a gold or silver coin and buy groceries, but coins are the most liquid way to own bullion.  Unlike jewelry, you know the exact amount of gold or silver in the coin.  It is minted by a government, and that makes it very difficult to counterfeit.  These features make gold coins and silver coins easy to cash in and trade.

Banks & Credit Cards Can't Compete with Calaveras Coin & Pawn!

Cant Get The Bank To Fall In Love With You Let Alone Loan Money?

With banks reluctant to loosen purse strings and credit-card companies aggressively slashing credit lines, a growing number of consumers are turning to the once murky world of pawnshops for quick cash. "Loans are up 20% to 25%," estimates David Crume, president of the National Pawnbrokers Association.

The trade group's executive director, Dana Meineke, says the weak economy and turmoil in the credit markets are expanding the customer base. "We're seeing some new faces,"Gerad Slayton, a pawnshop company based in Angels Camp, CA.

With interest rates on loans as low as 1% and the common rate for a $150 loan being 2.5% why wouldn't you take your item over to Calaveras Coin & Pawn.  1283 S Main St. Angels Camp.  Historic Downtown - (209)677-PAWN

Gold & Silver BUY RIGHT NOW! (PLEASE FOR YOUR OWN GOOD)

Since the privately owned Federal Reserve took control over this nation’s money supply in 1913, today’s purchasing power of the fiat-issued Federal Reserve Note.  Always remember,  a FRN is NOT a “dollar,’ despite the false labeling.  Each one is a commercial debt instrument issued by the Federal Reserve, a central bank, one of many throughout the world.

Let us be clear, once more, , BUY physical gold and silver, now, at any price and at any time, and put it away…NOT in a bank or some financial institution; NOT in any paper form, ETF or any “certificate of ownership”form, which is just a piece of paper. If you do not hold it, you may never get to own it!  Is that worth the risk? [Just ask Germany, unable to get its gold back from central banks in NY and London.] No honor among thieves, there.

Here is one more fact for you to consider: $16, 483, 729, 858, 642. That is how many fiats (paper currency dollars) are outstanding, a part of which the corporate federal government says is YOUR burden. [We warned you, FRNs (Federal Reserve Notes) are IOUs]. It is approximately the current cost of kicking the political can down the road in order to pay for all the banking failures, and government spending, the cost of funding the TSA to pat you down literally while politicians do it to you figuratively, and you can see how high those figures are.

Still, the likelihood of another devaluation of the FRN, but an “official” one, like what happened in Venezuela, as high as 50% would not be out of the realm of possibility. Anyone who still “values” the holding of valueless paper and has not purchased gold and silver in physical form, lives in denial and will “pay” dearly for that choice.

Visit Calaveras Coin & Pawn in downtown Angels Camp.  They have been serving the folks of the Mother Lode for over 25 years and are family owned and operated.  Whether new to buying gold or a seasoned investor they will spend the time and have the knowledge to help you with your purchase.  Stop in today for a no cost, no obligation chat and a free investment guide.  

Gold Prices Drop - Buy Now!

The silver and GOLD PRICE were slapped badly again today. Gold lost $22.30 (1.4%) to close Comex at $1,552.80. Silver gave up 44.4 cents (1.6%) and ended at 2677.3c.

Today's fall takes the GOLD PRICE back to the downtrend line from its August 2011 peak. This kissing back to a trend line is common behavior for markets, so today's low is a likely candidate for this fall to stop. If it doesn't stop there, then the last low at $1,526.70 is the next target. Volume is rising, so more downside is likely.

Buy gold. Bottom can come anywhere in the $1,530 - $1,560 range.

If it is turning around, it will prove its intention by closing higher than $1,580.

20+ Items That Can Make You Rich... And We Buy Them!

We Will Pay You Top Dollar For the Following Items:

• Earrings
• Chains
• Necklaces
• Dental Gold
• Placer (RAW) Gold Nuggets
• Rings
• Mountings
• Watches
• Gold Coins
• Silver Dollars
• Bracelets
• Gold Jewelry
• Silver Jewelry
• Platinum Jewelry
• Silverware and Flatware
• Old Scrap Gold and Silver
• Gold and Silver Coins
• Gold and Silver Bullion and Rounds
• Gold Watches
• Rolex Watches
• Diamonds

Go to the folks you can trust.  Family owned and operated for 25 years.  Located in downtown Angels Camp.  Monday - Friday 10am to 5pm  or call us at (209)736-2646

Overall Why Is Gold A Great Investment?

Prices for gold are some of the best they’ve ever been. In fact, the average price for an ounce of gold has risen nearly 600% over the past 15 years. It’s definitely a great time to think about buying and selling your gold. But why are prices been on average yearly on the rise? It comes down to a combination of factors.

1.     Everyone wants gold. It’s been true throughout history. As the world’s favorite precious metal, gold has been used in opulent thrones, royal crowns, prized jewelry and even priceless paintings. Gold is the quintessential treasure — and everyone from Blackbeard to Queen Elizabeth has been mesmerized by its allure.

2.     Supply is down. Recently, South Africa — the world’s biggest exporter of gold — has reported a substantial decrease in supply. With supply down and demand rising, prices skyrocket.

3.     Demand is up. Gold works as a great hedge against inflation, which the growing economies of Asia are experiencing right now. Demand for gold is through the roof in countries such as China, which in 2012 imported more gold than the entire holdings of the European Central Bank.

4.     It’s the economy. The gold market is tied to the strength of the dollar. When inflation pushes the dollar lower, gold increases in price. Also, in times of economic uncertainty, investors turn to precious metals as a safeguard against further turbulence.

We’ve all got some unwanted gold lying around — now’s a great time to find out how much your gold jewelry or gold coins are really worth. Come see the experts at Calaveras Coin & Pawn in downtown Angels Camp, CA. We’ll give you a free evaluation all we ask is that you let us buy something out of your collection.  Want a written appraisal we are happy to do that for a small hourly fee. (209)736-COIN

Is Your Money Safe In Your Bank? USA next Cyprus???

Where do you keep your money.  The citizens of the country of Cyprus watched as the government taxed their personal savings account and then reached in and took the money.  Could it happen in the USA and do you have a back up plan.  Remember " THE ONLY JUST CURRENCY IS A TANGIBLE ONE." Invest in Gold and Silver right now is an amazing time to buy and we would be happy to explain how to get started.  In fact if you stop by to speak with us we have a special booklet a $9.97 value we will give you absolutely free that is amazing in helping you navigate the road of Gold & Silver.