What is World of Warcraft Gold?

World of Warcraft is played by millions of people the world over. For the uninitiated, World of Warcraft is an MMORPG - a massively multiplayer online role playing game. Basically, it is a virtual fantasy world where you create a character by choosing a “race” and a “class” (for example, an elf-warrior). Races and classes each have unique characteristics and abilities within the game world. Players explore and go on quests to advance their character and compete with other players.

Naturally, such a robust world has its own economy based on in-game gold – which you can win by completing questing, slaying monsters, farming herbs, selling items, and various other ways. However, this is where the line between the virtual world and the real world begins to blur, as people pay real money for World of Warcraft gold.

Like the real world, earning gold in World of Warcraft is work. And many players prefer to avoid it and purchase the virtual gold from real-world vendors. However, these types of “gold” sales constitute a black market.

Blizzard Entertainment, the company that created and supports World of Warcraft, outright decries such gold sales as cheating and will ban player accounts that are found to be involved in gold sales. They also claim that a majority of the gold sold is stolen from other players by hackers. Other investigations have revealed that some companies use unscrupulous labor practices when employing players to gather gold for sale.

Fortunately, real world gold sales are not quite as shady. Manhattan Gold & Silver follows the London Bullion Market Association (LBMA) and its daily fixing to assure we trade client’s fair amounts for their (real-world) gold and other precious metals.

Massive Platinum Shipwreck Found

Does it seem that the most valuable shipwrecks are results of wartime activity? How could such valuable material end up being transported during such dangerous times? There are reasons, of course. And in the case of the S.S. Port Nicholson, the reason was a payment from Russia to the US for war supplies.

However, the payment was ill-fated – as the Port Nicholson was torpedoed by a German U-boat just off of Cape Cod, Massachusetts. Russia eventually made up the payment, but the cargo was considered lost.

Until recently.

Treasure hunter Greg Brooks announced that he has definitively located the wreck and identified it according to the number printed on the side of the hull. According to documentation about the ship, the Port Nicholson was carrying about 71 tons of platinum ingots on board. That translates to about 1,707,000 troy ounces of platinum – worth more than a whopping $3 billion dollars in today’s platinum market. Back in 1942 – when the ship was sunk – the load was only worth approximately $53 million. On top of that, Brooks claims that the ship was also carrying gold bullion, diamonds, and copper.

But, there’s a catch – Brooks claims he is currently unable to retrieve any of the treasure. It’s too heavy for his scouting vessel to bring back. Further, there is skepticism about the find. Companies have allegedly found the wreck in the past and may have recovered some of the cargo. Therefore, the amount of platinum may be much less than 71 tons. Also, the Port Nicholson was a British merchant ship, carrying Russian cargo, off the coast of the US. If the treasure is successfully salvaged, it could set off a number of claim disputes.

In any case, it’s definitely among the largest treasure finds in our time. It will be interesting to watch this story unfold.

NEW Ship & Sell Feature – Discounted Shipping Labels

Our dedicated customers are sure to know all about our Ship & Sell feature that lets you send us your precious metal scraps – even if you’re not in Manhattan.

To start using Ship & Sell, all you have to do is create an Account with us and then you’re on your way to printing new mailing labels each time you have a new lot of precious metals to ship to us. We only purchase metals wholesale, serving jewelry, pawn and industrial companies. Having an account with Manhattan Gold & Silver will help us quickly communicate about the status of your lot, whether you are in New York City or not.

Now, Manhattan Gold & Silver has partnered with G4S International Logistics to provide you with discounted shipping labels with insurance included (FedEx or UPS). Shipping and insuring gold or other precious metals can be expensive and put a dent in your return. However, by taking advantage of our partnership with G4S, you can use our Ship & Save feature to get the maximum payout for your long distance transaction. To get your discounted shipping label, simply:

  • use this link
  • Enter your Company Name and Email Address in their respective fields and click “Submit” 
  • Read and accept the Return Shipment Terms and Conditions. Click Continue button.
  • Now you will able to begin creating your shipping label. Enter “Ship From” information (Ship To information is pre-populated with Manhattan Gold & Silver’s info). Then, specify “Shipment Information” (choose your ship date and service level / ship method, enter insured value, enter type of packaging and weight of box). Click Continue button.
  • You can also check the "Schedule Pickup" box to choose date and time you want your package picked up.
  • You will then be able to review your discounted shipping costs and pay with your credit card

Do not create an account with G4S.  You will only get the discount when you go through our link.  After that, follow the onscreen prompts to get your insured and discounted shipping labels. It’s just another way your friendly neighborhood metal refiner tries to help you get the maximum payout for your gold and other precious metals.