Lessons Learned from Years with
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. That metal in your possession could become a financial lifeline but are you sure that it is real? 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. It goes without mentioning that scammers have also found loopholes in the industry and are ready to pound on unsuspecting individuals. It means that you must tread carefully to avoid losing your precious metal which can be exchanged in a twinkle of an eye. However, you can stay informed by using a lighter. Here are the ways through which you can check if the gold you have is real using a lighter.
To begin with, you new to know the basics of gold and what a real one one is. Newbies in the industry don’t know what defines fake or real gold and this is where scammers come in to take advantage. By the industry standards, fake gold is any item with less than 41.7% gold content – about 10 karats. You can learn more about that composition and how it translates to value in this website. 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. They can use gold washing and claim that washed pieces are real gold.
Some dealers also capitalize in gold plating to scam their clients. It is one of the oldest tricks and it is surprising that many people are yet to know about it. Pyrite application is another trick you should be careful about. It is actually known as fool’s gold worldwide. If pyrite is exposed to the atmosphere, it leaves discoloration which confirms that indeed it is fake gold.
Since it is crucial to know whether what you have is real gold, there is a lot of money in gold testing industry. Many people think that they need sophisticated machines and laboratories to check if gold is real. Using a simple household item like a lighter, you can test to see what you are dealing with here. Be careful because you can’t use any other old lighter and expect it to work magic. A recommend lighter is a butane lighter filled with actual lighter fluid.
To avoid burns and injuries, hang the gold using a nail on the wall. Direct the flame on the metal and check the color change. It should turn lighter in colour after heating for at least 60 seconds if the gold is real. In this site, you will learn more about gold and other precious metals.