How to Check If Gold Is Real With 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. If you have gold at home, know that it will one day save you from financial distress. The last thing you want to imagine is that you will discover later that what you think is gold is actually fake. 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. 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. Gold’s value rapidly begins to decline if its content goes below 10 karats. 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.
The other common trick unscrupulous sellers use is gold plating. It is surprising that people still believe that gold plating can this technique counts as authentic gold. It is also worth noting that some dealers use the trick of pyrite application. No wonder it is called “fools gold”. It is easier to know fake gold because pyrite leaves discoloration when 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. All you need is a lighter. 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. It should heat the gold for at least 60 seconds. Find time to read more now about pure gold.