How to Check If Gold Is Real With a Lighter
Gold is one of the most stable and valuable assets since time immemorial. Investors still rank it high because it is considered a safe haven. 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. The number of gold dealers keeps rising by the day. Similarly, scammers have also gotten into the industry. You need to be careful lest you fall into their hands. 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. The mixup is common with newbies who don’t know what real gold is. Fake gold is anything that falls below 10 karats. You can learn more about that composition and how it translates to value in this website. Using a gold price per gram calculator, you will know how much you will get from your precious metal. Gold’s value rapidly begins to decline if its content goes below 10 karats. 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.
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. Yet again, you should be careful not to fall victim to pyrite application. It is actually known as fool’s gold worldwide. It is easier to know fake gold because pyrite leaves discoloration when exposed to the atmosphere.
Since it is crucial to know whether what you have is real gold, there is a lot of money in gold testing industry. 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 recommend lighter is a butane lighter filled with actual lighter fluid.
You will need a nail to hang the gold on the wall. You can make a conclusion based on the color changes on the gold. It should heat the gold for at least 60 seconds. For more information and insights into gold and silver industry, read more here.