Deep Blue Treasures

We recently made a connection that will allow us to sell the diamonds that we buy during our gold buys. Generally speaking, we don’t pay extra for diamonds, they are something that’s usually just included with the jewelry and gold purchases. The diamonds range in size from over a carat to melee in size. This connection greatly adds to our profits since we don’t pay any more for the diamonds that are in the jewelry that we already purchased.

We have had several successful Gold Buying Events lately. We are learning that as we go to smaller communities, we have more success, our expenses are greatly reduced, and the paper work is much easier. We have been working to get the proper approval and licensing on some of our larger cities for over 3 months now. With the smaller communities, it usually only takes just a few days.

We are making a healthy profit in most of all of our Gold Buy events. Surprisingly enough, some of the larger cities we visit, we break even. We are working on several different ideas to promote our Gold Buys and always trying better to reach people in the communities, Once they come and visit us, we have almost a 100% buy ratio, they are thrilled in the amount we pay for their old jewelry.

We are continually refining our process to increase our profits, which in turn benefit us all.

We just recently returned from a successful gold buy in a small town in Utah. It was easy to get a permit and the expenses were much more reasonable than the big cities. We will continue to work with the smaller cities.