Frequently Asked Questions (FAQ)
Why should I sell my gold / jewelry to Treasure Hunt?
We pay top dollar for your gold, silver, and jewelry in a no-pressure, no-hassle environment. We've been in the jewelry business for decades, unlike some of the other gold buyers out there. We pride ourselves on our old-fashioned hospitality. We're honest and fair. Come to Treasure Hunt and experience us first hand. We have a reputation for paying the most for gold and for having superior service!
Why should I sell my gold and unwanted jewelry now?
The price of gold is at an all-time high. Gold prices fluctuate daily and prices can drop again. If you need cash now and have unwanted items, this may be the best time to sell.
Why should I trust Treasure Hunt?
Honesty, safety, and expertise. We offer the absolute safest and most confidential way to get the highest immediate payment for your jewelry or coins. Treasure Hunt is a stable, local company. Unlike those here-today-gone-tomorrow gold buying businesses that set up in hotels or those overnight gold-buying parties, we're here to stay. Treasure Hunt also has an A+ rating with the Better Business Bureau -- the best rating they offer. You can trust Treasure Hunt's professionalism and honesty. Click here to go to our page on the BBB website
What kind of gold and silver do you buy?
Treasure Hunt buys all different types of gold, silver and platinum -- from wedding bands to dental scrap, from coins to necklaces. We are able to evaluate, measure and test gold and silver in virtually any format you may have, in order to evaluate and purchase it. Furthermore, we buy all different purities of gold, from 14-karat to pure gold. No matter what kind of gold you have, we'll buy it and pay you the most for it.
How much is my gold worth?
Treasure Hunt has experienced appraisers on staff to give you an accurate value of your item. The value generally depends on the weight and the composition of the gold. The higher the number of the gold, 14 karat versus 18 karat for example, the more valuable the gold. The number refers to the purity of the gold, and it is taken into account with the weight of the metal. In some cases, the value of the item is greater than the value of the raw material, such as rare coins, but for the most part it is the genuine value of the gold that determines the price we are able to pay.
How can I tell if my items are gold?
On gold pieces, look for Karat markings. Any one of these indicates that your jewelry is gold:
- For 10 karat you will see: 10k, 10kt, or 416
- For 14 karat you will see: 14k, 14kt, or 585
- For 18 karat you will see: 18k, 18kt, or 750
- For Platinum you will see: 950PT, Platinum, 950PT or 10%IR
- For Silver you will see: STERLING, 925, or SILVER
What if I'm still not sure if my jewelry is real gold?
Come in to any of our nine Pittsburgh-area locations and let one of our friendly staff evaluate your item(s). We're happy to help, whether it's gold or not!
Do you report this transaction to the IRS?
Treasure Hunt does not report our transactions to the IRS; it is your responsibility to report the information to any appropriate organizations.
Do you buy stolen gold?
We comply with all law enforcement efforts to combat theft.
What if I don't know what I have?
Treasure Hunt has a gemologist on staff plus experienced appraisers with the ability to identify and grade your stones or jewelry.
How do I know I will get accurately graded coins?
Treasure Hunt has been buying and selling coins and currency for almost 50 years. Our experienced appraisers have a trained eye for detail. We see all the factors that determine a coin's grade (surface condition, strike, luster, etc.). Plus, we also distinguish between Mint, Almost Uncirculated and Extremely Fine, the highest grades of coin.
How much is my coin worth?
That's a tough question without seeing the coin. The value of a coin is dependent on two primary factors: 1) demand versus scarcity, and 2) condition. Most coins that people come across are not very scarce, so condition plays a very important role. Treasure Hunt is an excellent source of information on coin values.
What are the best coins to own?
This is entirely up to your taste and pocketbook. Treasure Hunt has sold and bought old, rare, gold and silver coins, so we have or can obtain what collectors/investors want. We suggest you collect what you like. Collect what makes you happy.
Can I make money collecting coins?
Yes you can! You generally have to hold the coins for a number of years. You will also have to sell them into a good market. Collectors usually deal in coins for years; it can become a true love. Benjamin Franklin, a coin collector, supposedly said, "you take care of the collection, and the investment will take care of itself". You should bear in mind that some coins are not readily convertible to cash at certain periods of time, and the coin market is speculative and unregulated.
Where and how do I sell my coins?
It's easy. Bring them to any of Treasure Hunt's nine Pittsburgh locations.
How do I get started on a coin collection?
Reading everything you can get your hands on is an important means of acquiring knowledge. Your local library will likely have several books...make a visit and check them out. Start small and slowly, keeping it inexpensive to begin with so that should you make some errors early in collecting, it won't negatively affect your wallet or your attitude. Contact Treasure Hunt now for information and insights. It's the smartest move you can make.
Should I clean my coin?
No. Although there are times and circumstances when a cleaning is appropriate, 99% of the time it will result in loss of value to the coin. When in doubt (and you should almost always be in doubt)-don't touch it!
How do I house my collection?
In any way that will protect the individual items and allow you to enjoy them. Stop by any of our nine Pittsburgh locations for collecting supplies and methods.