Why is Gold Valuable?

Why is Gold Valuable?Why is Gold Valuable?
Gold as a Precious MetalGold as a Precious Metal
and Store of Valueand Store of Value
Manhattan Gold & Silver | 45 W 47th Street | New York, NY 10036 | 212-398-1454

In the Beginning…In the Beginning…
• Gold was first mined by the Egyptians more
than 5000 years ago.
• From that point on, it has been considered a
valuable commodity all over the world.
– This is because gold has many applications in
crafts and businesscrafts and business while also being a good “store
of value.”
2013 © Manhattan Gold & Silver2013 © Manhattan Gold & Silver
www.mgsrefining.com | 212-398-1454www.mgsrefining.com | 212-398-1454

What is a Store of Value?What is a Store of Value?
• A store of value is something that can be
saved and retrieved at a later date for
predictable usefulness.
• Some examples include:
– precious metals
– gems
– real estate
– art
– antiques

Why Gold?Why Gold?
• Gold has been the basis for many currencies
over the years because it’s considered to be
the most desirable store of value.
• This is because gold has inherent qualities that
make it stand out from other stores of value:
– Durability
– Resiliency
– Scarcity

Gold DurabilityGold Durability
• Gold cannot rust or decay. It’s shine and luster never
diminish, so its relative value is timeless.
• Unlike other stores of value, the price of gold is
completely unaffected by age.
– A newly mined piece of gold is worth the same as a 100
year old piece.

Gold ResiliencyGold Resiliency
• Gold can be refined and reshaped over and
over.
• Whether it’s a
necklace, a coin,
or a bar – the
intrinsic value of
the gold doesn’t change
just because the shape does.

Gold ScarcityGold Scarcity
• Gold has a “sweet spot” in terms of scarcity.
• It’s rare enough to be valuable, but not so rare that it is
prohibitive to find.
– For example, iridium is a precious metal much rarer than gold.
However, it isn’t widely traded like gold, silver, platinum, and
palladium.
• If gold were more common, it wouldn’t be as valuable. If it
were rarer, there wouldn’t have been enough to back so
many currencies over the centuries.

Bonus Value!Bonus Value!
• Gold has a lustrous allure, which makes
it popular in jewelry and artwork
– It looks valuable.
• Gold is extremely dense – which makes
it difficult to counterfeit.
– The heavy weight also gives the impression
of real substance. It feels valuable.

About MGSAbout MGS
• Manhattan Gold & Silver (MGS) is a precious metals refiner that has been
based in Manhattan’s historic Diamond District since 1985. We are a B2B
company that buys and recycles precious metal scraps that accumulate in
other businesses.
• We serve:
– Jewelers
– Pawnbrokers
– Dentists
– The industrial sector
– Antique dealers
– Machinists
– And more!
• MGS also creates charts, calculators, and other online tools for our
customers to use.
– Try our Precious Metals Prices app, which lets you monitor the real-time precious metals
market situation from anywhere, right from your iPhone.

Recycle your PreciousRecycle your Precious
Metals for ProfitMetals for Profit
• MGS accepts gold, silver, platinum, and palladium.
• Payouts are based on the London Fixing.
• Up to 98% payout (among the highest in the US)
– Up to 98.5% for gold brought in for hand testing.
• Not in NYC? Ship us your precious metals using
our Ship & Sell service. Ship & Sell offers:
– Same day wired payment (once lot is received)
– Discounted, insured shipping
– Payout calculator

Connect with MGSConnect with MGS
• For amazing facts, history and news, read our
gold and precious metals blog.
• Join the conversation about precious metals on the
MGS Facebook page.
• Follow gold, silver, and other precious metal trends at the
MGS Twitter account.
• Circle MGS on Google+ to hear our latest updates.
• If you do business with us, connect with us on the
MGS LinkedIn page.
• To see precious metal melting and refinement in action, visit the
MGS Youtube channel.

Why is Gold Valuable?

Recomendados

Recomendados

Mais conteúdo relacionado

Mais procurados

Mais procurados (13)

Semelhante a Why is Gold Valuable?

Semelhante a Why is Gold Valuable? (20)

Último

Último (20)

Why is Gold Valuable?