When we think of gold – many of us think of bullion bars, gold coins or gold jewellery. Globally world consumption of mined gold is about half for use in jewellery, 40 percent for investment purposes and the rest is used in industry.
Gold is a popular symbol for power, richness and royalty – and these representations are what make gold popular for jewellery as well as the softness of pure gold and its ability to be crafted to an almost limitless number of shapes and styles. Gold is often mixed with other alloys for use in the manufacture of jewellery to provide a variety of colour and hardness to gold jewellery with copper being the most popular base metal.
It is because of these “mixed” alloys found in most gold jewellery that the first thing to do when looking for a valuation on your gold jewellery is to identify what the percentage – or carats (k) of gold is present. The basic, and still quite common test is the “acid” test – where literally acid is applied to a scratching of the jewellery. A soft sandpaper is rubbed against the piece to be valued, and the fine dust produced has a few drops of acid applied. The reaction from this turns the acid a particular colour – depending on the purity of the gold, and from this “acid test” a piece of gold or gold jewellery can then be valued.
There is also a more “primitive” displacement method, where your gold item is placed in water and the amount of water displaced can provide an indication as to the purity of the item.
But to get real certainty as to the value of your precious gold jewellery at Ezycash Goldbuyers they have a proper X-Ray machine that accurately identifies the purity of gold in any gold piece, providing you the best valuation for your gold bullion, coin or jewellery.
This clever machine, called the Gold Xpert is manufactured by Olympus and as you can see from the images it provides the most accurate analysis of your gold – enabling you to get the best possible price.
So if you want to see the Gold Xpert in action – take your gold jewellery, gold bullion piece or even gold nugget to the team and Ezycash Goldbuyers and ask for a complimentary X-Ray!
EzyCash Gold Buyers
Phone: (09) 570 1511
Fax: (09) 570 1527
30B Jellicoe Road
Panmure, Auckland East