Techniques For Confirming The Authenticity Of Gold Using A Lighter
Gold has maintained its position as a precious metal over the years. It remains a safe haven for investors who know its value. You are stating at a financial lifeline should things turn south. It can be shocking to learn that you have been keeping fake gold all along. It is important to note that there is a significant increase in the number of gold dealers, both buyers and sellers. Similarly, scammers have also gotten into the industry. It means that you must tread carefully to avoid losing your precious metal which can be exchanged in a twinkle of an eye. The good news is that you can avoid getting ripped off by using a household item – lighter. Read on to learn more about the tricks you can use to confirm if indeed the gold is real.
To begin with, you new to know the basics of gold and what a real one one is. If you are not familiar with these aspects, you can easily get confused. Everywhere around the globe, fake gold is defined as any item with less that 10 karats (41.7% gold content). You can read more here for a breakdown of how it translates to value. The Gold Price per Gram calculator will tell you how much the market will offer for your gold depending on the purity. The moment its content gets below 10 karats, it begins to depreciate. Sometimes the gold isn’t real but some dealers have tricks to lie about its content. One of the common tricks they use is gold washing where they can claim that washed pieces are the real deal.
Furthermore, be careful about gold plating which is another common trick dealers use. It is one of the oldest tricks and it is surprising that many people are yet to know about it. Yet again, you should be careful not to fall victim to pyrite application. Pyrite is commonly referred to as “fool’s gold” around the world. Remember that cheap, fake gold leaves some discoloration when pyrite is exposed to the atmosphere.
Gold testing is an industry on its own because there is a lot of money involved in confirming the authenticity of the product. In fact, you don’t need sophisticated machines or chemistry labs because you can use what is easily accessible. Using a simple household item like a lighter, you can test to see what you are dealing with here. Before you embark on the process of testing gold at home, ensure that you have the right weapon – lighter. You need a proper butane lighter filled with actual lighter fluid and it should produce a tall flame.
Ensure that you hang the gold somewhere on the wall because it can get hot and burn your hands. You can make a conclusion based on the color changes on the gold. It should heat the gold for at least 60 seconds. In this site, you will learn more about gold and other precious metals.