Tag Archives: gold

General Business

Gold Testing Equipment-Helps Identify The Purity Level Of Your Gold Item

Gold is a precious metal so it is very important to determine its purity in order to make sure that you have an authentic piece of gold. This metal is available in different karats. Therefore, in order to check that whether the karat level of your gold coins or bars is authentic or not, you will have to put them under the analyzing process-“gold testing method”. These days, market is flourished up with various companies which basically deal in offering a wide range of Gold Testing Equipment that helps the people to make sure that the karat value of their piece is valid and up to the mark. These companies provide different equipment like software, tools, testing materials, scales, shipping supplies etc.

Many reputed jewelers use these items in order to provide good quality gold items to their customers. Some professional jewelers also purchase other invaluable tools from good gold testers. In general, people use gold test acids to test the exact karat level of their metal. Apart from using the different test acids, jewelers also take the help from the test needles that are commonly found in various karat levels. Gold testing experts also carry a wide range of test stones that also help them to identify the correct purity level of the metal.

Gold Testing Equipment provided by many reputed companies are an important asset for jewelry stores and individuals who want to get the very best deal on premium quality products. Many coin experts use these products to test various gold coins and other gold items. Some companies also use the gold refining process in order to return gold in the fitness of 9999 by extracting impurities and also removing all foreign material. These companies generally use these refining processes:

  • Gold refining
  • Chlorination electrolytic
  • Aqua regia digest refining
General Investing

Gold Investment Advice

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I try to keep gold investment advice very simple. Gold investment advice for beginning investors should cover a few different areas. Gold coins investment is one option, and others are gold bars, gold accounts, gold futures, and gold mining. If you are just starting out in gold investing, the expert’s advice to start out with either gold coins investment or gold bars investment. You can invest in gold bars as well as gold coins. The only fee you pay is a dealer premium when you buy. This is the straight forward and sure fire way. You don’t have to pay any fees. We cannot predict with any certainty what gold or any other commodity or currency will do over short, medium or long periods of time. Because of this we tend to avoid giving any definite advice or strong opinion.

These two investing methods are simpler and easier to understand, and are perfect for beginner investors in the gold market. When you have a gold coins investment or gold bars investment, you actually take delivery of the gold you invest in. You can buy one bar or coin or 20 in a time. 1 ounce gold bars are the most popular and the smallest size we would recommend, but a 10 ounce bar carries the least premium and the most economical way to invest in gold. Coins are widely available in fractional sizes but once again, you should buy 1 ounce gold coins.

The best gold investment advice for beginners is simple. Buy when gold prices are low, but do not try to wait until the price hits rock bottom. Buy at low prices makes sense to buy gold when its price is low rather than high. Many people are tempted to buy gold when they hear that the price has risen. Although this can be the right action if the price continues to rise, it is often better to buy after the price has fallen. This is a common mistake made by many investors, both experienced and new at investing. By waiting too long, you may miss the perfect opportunity to grab gold before it starts to rise again. Gold accounts are another way to invest in gold, but you must be a large investor to get in on gold accounts. Many private banks may offer the chances to invest in a gold account, but only if you are willing to invest a substantial sum, such as a couple of million dollars. Since most beginners do not invest anywhere near this amount, gold accounts are only for experienced investors who are very well to do and can afford to invest millions.

Gold futures are another option for gold investors, but gold investment advice does not usually recommend gold futures for beginners. This is the gold investment for professionals. Take my advice and stay away from futures market. This market deals more in speculation than in actual investing, and can be complex. There is always a risk of the commodity price moving drastically against you, so you can incur significant losses. Gold mining shares are another way to invest in gold, without having to take actual physical delivery of it. This type of investment carries significant risks, and there is no guarantee that mining shares will go up simply because the price of gold does.

General Investing

Gold Eagle Coins- a Numismatists Delight And a Great Investing Option

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Right from the days of yore, gold and silver coins have been of great importance because of the two metals’ high intrinsic value and also because of the coins’ fungibility. While the ancient Egyptians gave gold coins only as gifts, Greek kingdoms of the Iron Age minted such coins primarily for circulation. Silver coins were popularly used as money for circulation because of their fungibility, liquidity, and durability. In the recent times, gold and silver bullion coins, such as the gold eagle and silver eagle coins are being used by investors to hedge against risks arising from price changes and also for capital appreciation.

The American gold eagle and silver eagle are the United States’ official bullion coins. Buying these coins is an easy way to diversify investment portfolios. Their widespread acceptability by collectors and investors from all over the globe and guarantee of their metal content and purity by the United States government itself, makes them safe investing options. Gold and silver eagle coins are also of immense value to the numismatists. The rarer the coin, the greater will be its value. These have remained premium collector items and have always found a large number of interested buyers; to the extent that many rare coins have been auctioned to the tune of millions of dollars. They have also been sold as uncirculated proof coins to coin collectors.

Counterfeit gold and silver eagle coins are an inseparable and unfortunate aspect of coin collecting. Counterfeit gold eagle coins are rarer than silver eagle coins because of difficulty involved in making fake ones owing to the fact that gold is one of the heaviest metals. However, there are a number of ways to establish whether a coin is fake or not. Since gold is a soft metal, the simple bite test is an easy way to establish its originality. In case of silver eagle coin, one can keep in mind certain points like the weight of the coin (if underweight, then it is fake), relying on your gut feeling about the looks of the coin (if the looks of a coin don’t seem right, don’t go for it) , the surface of the silver coin (in case the coin is missing the typical silver sheen, do not consider it), and checking it under magnification can go a long way in avoiding buying a fake eagle coin.

Numismatists treasure them and the investors value them simply because they know that an investment in silver and gold eagle coins would assure them safety of their investments and security even if the world’s financial systems collapse.

General Investing

Why You Should Invest In Gold

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Each dollar (or pound, or Euro, etc.) can purchase less, in different calligraphy costs can increase. As a result of of that intrinsic price, gold has continuously been viewed during the ages as a store of worth, and as true money.

Silver Investing Opportunities Investing in Silver Investing in Silver This means that the value of our paper currencies (referred to as “fiat currencies”) is fluid, and can inflate or deflate. However currencies have since been aloof from the gold commonplace and nowadays haven’t any intrinsic worth alternative than that that society agrees upon. In nowadays’s economic uncertainty, governments have begun escalating “stimulus kits” to spice up their economies. Originally these bills and coins were backed by gold and silver, and their value represented a group quantity of the precious metals. They print more fiat cash to give the illusion that the economy is wealthier than it is, and when this money is in circulation economic activity increases. This can be known as inflation. Gold can maintain its price and relative geting power whereas fiat currencies like the US Greenback will lose worth and relative obtaining power.

Its deep orange hue and its luster build it the right metal for jewellery, decoration, celebration, and splendor. However the matter is that while this may give an initial boost to the economy, over time it causes the currency to be value less as a result of it is not as scarce. However gold maintains its inherent value no matter what takes place to the fiat currencies.

General Investing

Numismatic Gold Coins

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Numismatic gold coins may be a practical way an investor may choose to invest in physical gold. Coins that are perceived as collectibles to investors are known as numismatic coins. Gold coins that are valued predominantly for the gold they contain are known as bullion coins. There are some scenarios in which a bullion coin can achieve numismatic status to investors. One scenario in which a bullion coin can achieve numismatic status is if the said coin is part of an historical event.

A next scenario in which a bullion coin can achieve numismatic status is if a particular coin is manufactured with a mistake. Most mints that produced coins usually will inspect coins thoroughly before authorizing them to be sold, making the aspect of finding a coin with a production mistake extremely rare. The exception of a production mistake can make a coin more valuable than a similar coin without any mistakes. Some gold coins are produce with a slightly different process to give them a distinct appearance from similar normal bullion. Coins produced in this nature are known as gold proof coins. If gold proof coins are produced in limited quantities, they can be worth considerably more than similar bullion coins.

A Last scenario in which a bullion coin can achieve numismatic status is if a gold coin stops being manufactured. Usually when a coin stops being manufactured, as time passes the coin will generally become rare compared to other bullion coins that are still being produced. As a coin becomes rare, it will usually build up more numismatic value over time. Knowing the rate in which a numismatic gold coin may appreciate in value is something every investor should research before investing. One method an investor can implement to uncover this information, is noting how much a gold coin appreciates in value on a yearly basis. Numismatics can be a profitable way any gold purchaser can invest in physical gold, once the process is done correctly.

See more about this topic at Numismatic Gold Coins, it is a great resource for gold related information.