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News Archives - Naco Gold & Silver

Buy Diamond Rings In San Antonio, TX To Express Your Feelings

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What is it about diamond rings that compels us? Is it the shine and luster – which the jewelers refer to as “fire”? Is it the mystery and allure of precious gems and metals that are found in diamond rings? Or is it the sheer hardness and durability of the sparkling stone?

Diamonds are the most famous, most expensive, and most sparkly gemstones in the world. They are beautiful and rare. The qualities that make diamonds so valuable include longevity, durability, and clarity due to which they have made a place in every woman’s wardrobe. It is said that diamonds are a girl’s best friend, so why not impress her with these dazzling pieces of jewelry.

It is the diamond rings that hold special significance with their extraordinary brilliance and suppleness when it comes to occasions like engagements, weddings, and wedding anniversaries. The rarity of the diamond itself, and its combination of the 4Cs (Color, Cut, Clarity, and Carat weight), makes all diamond rings one-of-a-kind. Presenting a diamond to a loved one can be an expression of this, “your inner beauty is as unique as this diamond. Please accept this gift as a reflection of all of your virtues”.

So, if you are looking forward to buying exquisitely designed diamond rings in San Antonio, TX, Naco Gold and Silver will be your trusted partner. We have a vast assortment of diamond rings in myriad of designs and styles. To check out our collection, browse the website or drop by our store at 13323 Nacogdoches Road, San Antonio, TX 78217.

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End Your Search for Gold And Silver Buyers In San Antonio, Texas

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Do you possess a massive collection of gold and silver coins? Do you look forward to exchanging them for a significant amount of money? If so, you are not the only one who sees this as a fine opportunity. There are a countless people who want to know the real worth of their old or rare gold or silver coins or sell them at a great price. And we, Naco Gold & Silver help such individuals sell or trade their treasured coins at a fair rate.

If you want us to make a good offer, get in touch with our trained professionals without further ado. Rest assured, our staff is highly knowledgeable and holds familiarity with all the details of several types of coins. So, if you have been searching for gold buyers in San Antonio, Texas, know that there’s no need for you to continue your online hunt. We are counted among one of the best San Antonio gold and silver buyers that purchase gold, silver, diamonds, or platinum and provide the seller with a fair amount of cash.

Whether you want to find out the worth of your gold & silver coins or want to sell them, let us know! We would definitely cater to your needs in a prompt manner!

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Gold History

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A Brief History of Gold

Gold was probably the first metal known to the early hominids that, on finding it as nuggets and spangles in the soils and stream sands, were undoubtedly attracted by its intrinsic beauty, great malleability, and virtual indestructibility. As tribal development progressed through the Paleolithic, Mesolithic, and Neolithic ages, and as people congregated into civilized centers, the metal appears to have taken on a sacred quality because of its enduring character (immortality), being worn initially probably as amulets and later fashioned into religious objects (idols).

Early references to the first discovery of gold are essentially legendary or mythical. Thus, Cadmus, the Phoenician, is said by some early writers to have discovered gold; others say that Thoas, a Taurian king, first found the precious metal in the Pangaeus Mountains in Thrace. The Chronicum Alexandrinum (A.D. 628) ascribes its discovery to Mercury (Roman god of merchandise and merchants), the son of Jupiter, or to Pisus, king of Italy, who, quitting his own country went into Egypt. Similar legends and myths concerning the initial discovery of gold are extant in the ancient literature of the Hindus (the Vedas) as well as in that of the ancient Chinese and other peoples. In fact, the discovery of the element we call gold is lost in antiquity.

The gold standard is a monetary system in which a region’s common media of exchange are paper notes which receive substantial premia because they are normally freely convertible into fixed quantities of gold. Under a gold standard, money issuers normally stand willing to redeem their notes, upon demand, for pre-set, intertemporally constant, fixed amounts of gold. The gold standard is not currently used by any government, having been replaced completely by fiat currency, and private currencies backed by gold are rare.

Gold standards should not be confused with their historical predecessor, “gold-coin standards,” wherein taxes are payable in either gold coins or overvalued, government-minted, less expensive, coins.

The main purpose of either government money system has historically been to provide seigniorage, or money-creation profit, to governmental leaders in order to provide them with general purchasing power during emergencies, especially those leaders who are legislatively constrained and therefore unable to raise taxes in order to execute the defense commitments that are required for the survival of their states (Thompson, 1974.)

Gold standards replaced gold-coin standards in the 17th-19th centuries in the West as the extent of defensive warfare expanded to where the gold-coin standards were no longer sufficient to the task. A similar history generated a gold standard in China from the 9th through the early 17th century.

 

http://en.wikipedia.org/wiki/Gold_standard

http://creativecommons.org/licenses/by-sa/3.0/>http://creativecommons.org/licenses/by-sa/3.0/

 

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Silver Store San Antonio Texas

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Silver Buyer in San Antonio

Silver is a metal slightly harder than gold, and used for many of the same purposes. As coinage it is used to make up the lower spectrum of the money supply. Typically anything from .005 to $1.00 can be easily created using combinations of nickel, copper and silver.

Did you know that the $1.00 Silver Eagle is worth $22.08 as it contains 1 troy oz. of silver?

Silver has also historically been used as jewelry and medicinally for it’s antiseptic properties. Silver is currently being used in almost every electronic device on the market as well.

Naco Gold and Silver is your trusted gold and silver buyer in San Antonio, Texas.  If you’re looking for a buyer to sell you gold, silver or platinum to there’s a good chance we’ll buy it. If you have any questions please call us now at (210) 655-8428 or drop by at 13323 Nacogdoches Road, San Antonio, TX 78217.

The value of gold has more than quintupled during the last decade. Now is the perfect time to sell your unwanted or broken jewelry or other items.

Contact Us Today!