What Do Gold Buyers Want?
Gold is a safe buy. Not like with gems, where you actually need to be an expert to judge the quality of the stones, buying gold is straight forward if you go to a reputable shop.
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The most serious thing to look for in buying gold jewelry separately from the styles is the purity of the gold. The higher the gold content, the more valuable it is. Pure gold is believed too soft for jewelry and is then mixed with other metals. The percentage used in the alloy is dependent on the metal and the way in which it binds with gold. The highest power of gold and copper is attained with 75% gold and 25% copper – 18k gold. With titanium the maximum tensile strength is achieved with 99% gold and 1% titanium. The period of time and the temperature at which the metals are cooked are also vital. For example a 99.3% gold and .7% titanium mixture heated at 500° C for 60 minutes would result in a hardness of 229 HV. With a different time or temperature the hardness could be much less.
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The order among Asian purchasers for gold with a high excellence, which can be simply transformed into money, but with advance mechanical properties such as distortion, resistance to wear and breakage is leading Thai goldsmiths to the usage of titanum. Gold Master and Prima Gold for instance are both employ a titanium and gold alloy. Yet this symbolizes a very small part of the market in Thailand.
Usually Thai goldsmiths charge a design charge of around per baht of gold although it might be higher depending on the construction and design. There is not much scope for bargaining. You might get the price lower a dollar for each baht you buy at most – hardly worth the effort. It is normally best value to buy at least 1 baht of gold, as there is a lowest fee for the design.
It is astonishingly good value. It is probably no more than 4% above the spot price of gold. When one looks at the beautiful quality of the craftsmanship following complex, centuries old designs it is sometimes hard to believe. One feels guilty about buying it so cheaply. If you purchase gold jewelry in the West you will give more like 40% over the spot price.
Is gold pure? Test it
Evaluating the purity of gold is very difficult and engages chipping off a little bit from your jewelry. Yet this does not show the purity of the whole piece, only the bit tested. That is why it is so significant to by gold from a trusted dealer. Most gold shops use a typical fire assay which applies heat to test the purity of the gold.
