Techniques For Confirming The Authenticity Of Gold Using A Lighter
Gold is one of the most stable and valuable assets since time immemorial. It remains a safe haven for investors who know its value. That metal in your possession could become a financial lifeline but are you sure that it is real? Many people keep these metals only to be surprised when they decide to sell them. The number of gold dealers keeps rising by the day. The vast number creates an opportunity for scammers as well. 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. Below is a comprehensive discussion on the things you need to know about gold and how to check if it is real using a lighter.
First off, it is ideal to understand what real gold actually is. If you are not familiar with these aspects, you can easily get confused. By the industry standards, fake gold is any item with less than 41.7% gold content – about 10 karats. 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. Gold value depreciates rapidly when it reads below 41.7%. Some dealers have a way of playing with the mind to deceive unsuspecting clients that the gold is real. They can use gold washing and claim that washed pieces are real gold.
Furthermore, be careful about gold plating which is another common trick dealers use. It is surprising that people still believe that gold plating can this technique counts as authentic gold. 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. Gold testing at home is easy and quick because you need a lot of chemical knowledge or chemistry labs as you would here! Don’t be surprised to discover that a simple household item like a lighter is enough to test gold. Before you embark on the process of testing gold at home, ensure that you have the right weapon – lighter. A butane lighter with actual lighter fluid is ideal and it should produce tall flame.
To avoid burns and injuries, hang the gold using a nail on the wall. As you direct the flame on the metal, observe the changes in the color because real gold should turn lighter. The result should come out after about a minute of heating. For more information and insights into gold and silver industry, read more here.