Monday, April 28, 2025
Could your $2 bills be worth a lot more?
Friday, April 25, 2025
How To Recycle Metal For Money
Tuesday, April 22, 2025
Sell Your Unwanted Gold or Silver!
For those looking to sell their unwanted gold or silver, Martinez Coin & Jewelry Exchange is the perfect place to turn to. Visit us in Martinez, CA, or call (925) 335-9500 to learn more. You can also check out our website: www.martinezcoinexchange.com
Saturday, April 19, 2025
Happy Easter
Happy Easter from us at Martinez Coin And Jewelry Exchange!
Martinez Coin & Jewelry Exchange
3755 Alhambra Ave Ste 1
Martinez, CA 94553
CALL US: 925-335-9500
Wednesday, April 16, 2025
Check Out Our eBay Store For Some Great Values
You can shop in our eBay store for some great gifts or treasures for yourself.
Sunday, April 13, 2025
The Art of Coin Collecting, What Makes Them Rare or Valuable
Thursday, April 10, 2025
Bitcoin and How Its Changing The Economy
Could Bitcoin be the gold of the digital age? This documentary explores the origins of money, the rise of decentralized finance, and Bitcoin’s potential to reshape the global economy.
In just over a decade, cryptocurrencies have grown from digital novelties to trillion-dollar technologies with the potential to disrupt the global financial system. An increasing number of investors now hold bitcoin and hundreds of other cryptocurrencies as assets and use them to buy a swath of goods and services, such as software, digital real estate, and illegal drugs.
To their proponents, cryptocurrencies are a democratizing force, wresting the power of money creation and control from central banks and Wall Street. Critics, however, say that cryptocurrencies empower criminal groups, terrorist organizations, and rogue states while stoking inequality, suffering from drastic market volatility, and consuming vast amounts of electricity. Regulations vary considerably around the world, with some governments embracing cryptocurrencies and others banning or limiting their use. As of January 2024, 130 countries, including the United States, are considering introducing their own central bank digital currencies (CBDCs) to compete with the cryptocurrency boom. Source
Monday, April 7, 2025
Items We Buy at Martinez Coin & Jewelry Exchange
If you have broken or damaged jewelry, don't throw it away! Bring it to our coin exchange dealer, and we'll give you cash for your scrap gold and silver. Martinez Coin & Jewelry Exchange buys all types of gold and silver jewelry and coins along with old sterling silver flatware. Please see below for examples of what we buy. We buy all forms of scrap gold and silver based on the current market price. We also buy and sell all types of U.S. coins, paper money, and some foreign coins.
Our buying process is completely transparent; we tell you exactly what you have and break it down in an easily understandable way. We don't try to confuse or hide any information. When selling your valuables, you want a trusted, reputable, and honest dealer, such as Martinez Coin & Jewelry Exchange, who pays top dollar.
If your item is not listed here, just ask! We may be able to work with you!
SOME OF THE ITEMS WE BUY
- Gold Watches
- Pocket Watches
- Sterling Flatware
- US Coins
- Gold & Silver Foreign Coins
- Bullion
- Bracelets
- Earrings
- Chains
- Broken or Damaged Jewelry
- Charms/pendants
- Rings
- Cuff Links
- Silver Jewelry
- Gold Teeth
Friday, April 4, 2025
Fool's Gold vs Real Gold: How to tell the difference
Distinguishing between real gold and its deceptive counterpart, commonly known as fool's gold, is essential for prospectors, collectors, and enthusiasts alike. Fool's gold, scientifically termed pyrite, has misled many due to its superficial resemblance to genuine gold. However, several distinguishing characteristics can help identify each substance accurately.
Understanding Pyrite (Fool's Gold) and Real Gold;
Pyrite is an iron sulfide mineral with a metallic luster and pale brass-yellow hue, which often leads to confusion with gold. Its crystalline structure typically forms in cubic or octahedral shapes, setting it apart from the more malleable and ductile nature of real gold. Gold, a precious metal, is renowned for its bright yellow color, softness, and high density.
Key Differences Between Pyrite and Gold;
While both minerals exhibit a yellowish appearance, gold's color is a consistent, bright yellow, whereas pyrite tends to have a brass-yellow hue, sometimes with a tarnished, iridescent quality. Gold maintains its luster in all lighting conditions, whereas pyrite's shine can diminish in low light.
On the Mohs hardness scale, gold is rated between 2.5 and 3, making it relatively soft and easily scratched by a copper coin or knife. Pyrite, however, ranks between 6 and 6.5, indicating greater hardness; it can scratch glass and resists scratching by softer materials.
Gold is highly malleable and ductile; it can be hammered into thin sheets or drawn into wires without breaking. In contrast, pyrite is brittle and will shatter or crumble under pressure rather than deforming.
Gold's density is notably higher, with a specific gravity of approximately 19.3, making it feel heavy for its size. Pyrite has a lower specific gravity, around 5, and feels lighter in comparison.
Pyrite commonly forms in well-defined cubic or octahedral crystals with sharp edges. At the same time, gold is typically found in irregular, nugget-like shapes or as flakes without a definite crystalline structure.
Rubbing a mineral across an unglazed porcelain plate reveals its streak—the color of its powdered form. Gold leaves a yellow streak, whereas pyrite leaves a greenish-black or brownish-black streak.
Due to its sulfur content, pyrite may emit a faint sulfuric or 'bad egg' smell when struck or scratched. Gold is odorless.
Practical Tests to Differentiate Between Pyrite and Gold;
- Examine the specimen under good lighting. Look for pyrite's characteristic crystalline shapes and a brassy color, as opposed to gold's softer, buttery yellow appearance.
- Perform a scratch test using a copper coin or a steel knife. If the mineral scratches the copper or resists scratching by the knife, it is likely pyrite. If it is easily scratched, it may be gold. Exercise caution with this test to avoid damaging a potentially valuable gold specimen.
- Gently tap the specimen with a hammer or apply pressure with a pin. Gold will deform—flatten or bend—without breaking, while pyrite will crack, shatter, or crumble due to its brittleness.
- Drag the specimen across an unglazed porcelain plate to observe the color of the streak it leaves. A yellow streak suggests gold, whereas a greenish-black streak indicates pyrite.
- Weigh the specimen in air and then in water to calculate its density. Gold's higher density will result in a significantly higher specific gravity than pyrite. This test may require precise equipment for accurate measurement.
- While gold and pyrite are generally non-magnetic, pyrite can contain traces of other elements exhibiting slight magnetic properties. Bringing a strong magnet close to the specimen can help; any magnetic attraction suggests the presence of pyrite or other minerals, not pure gold.
Tuesday, April 1, 2025
How is Gold Mined and What are the Methods?
Gold is mined by 4 different methods. Placer mining, hard rock mining, byproduct mining and by processing gold ore. Each of these categories has it's own unique methods of extracting the gold from the surrounding materials.
In placer mining, gold is retrieved by metal detecting, panning, cradling, sluicing, and dredging. This is the most common gold mining category for amateur gold hunters, using gravity and water to separate the dense gold from the other materials that surround it.
Hard rock mining is the process of using open pit or underground mining tunnels to retrieve the gold from the rock. This method of gold mining is responsible for recovering most of the worlds gold supply.
Byproduct mining is related to hard rock mining in that open pit or underground mining tunnels are used. In byproduct mining, gold is a secondary find. The mining operation's main purpose is to recover copper, sand, gravel or other products, but significant quantities of Gold exist to make byproduct mining profitable. An example of this kind of mining would be the Grasberg mine in Papua, Indonesia, which was developed to extract copper from the earth. Though Gold is not the primary product, this mine produces more Gold than any other mine globally.
The final category of gold mining is the processing of gold ore. This method is largely becoming deprecated as the yield of Gold is often very low and the environmental impact and costs of the operation are substantial. Gold ore is finely crushed rock or earth containing trace amounts of Gold, which are extracted using a chemical process. The most commonly used chemical for this process is Cyanide.