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  • » How to tell if gold is real?

#51 2012-03-16 10:01:36

salty lemon
Silver Stacker
From: Melbourne
Registered: 2011-05-16
Posts: 2,279
Trades :   

Re: How to tell if gold is real?

Bite!

amusing_woman_bites_into_gold_coins_sp000148.jpg


Chuck Norris doesn't eat honey. He eats bees.

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#52 2012-03-16 10:34:24

Peter
Member++
From: sydney
Registered: 2009-07-28
Posts: 1,261

Re: How to tell if gold is real?

I suppose 24 k gold (kuges) is harder to counterfeit ,in terms of density,than 18k.
(I.e sovereigns,koalas,..)
Does any realistic mix approach 18k?
Might be why the Asian demand 24k.

Last edited by Peter (2012-03-16 10:35:27)


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"It is no measure of health to be well-adjusted to a sick society." ~ Jiddu Krishnamurti

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#53 2012-03-16 10:42:01

Alfie
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From: Melmac
Registered: 2011-07-27
Posts: 228
Trades :   10 

Re: How to tell if gold is real?

If Kuges = Krugerrands they are 22ct, or 916 not 24K


The big bang theory of currency
life of an inflating currency expands proportionately to the velocity of political interference in an economic universe. This relationship ends when universal confidence stops, after which any prick will cause an implosion of catastrophic proportions

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#54 2012-03-16 10:45:33

Peter
Member++
From: sydney
Registered: 2009-07-28
Posts: 1,261

Re: How to tell if gold is real?

Alfie wrote:

If Kuges = Krugerrands they are 22ct, or 916 not 24K


Yep,my sorry.Sov ,etc are 22k as well..
I suppose coin used as currency coins are,at a max.
They can't be too soft.
Collector coins  and bars can be 999.
Maples are 999.
Still the question remains.
Does the difference in density make 90%  much difference in terms of counterfeitablity.

Last edited by Peter (2012-03-16 11:05:33)


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"It is no measure of health to be well-adjusted to a sick society." ~ Jiddu Krishnamurti

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