Thursday, March 15, 2018

Things To Know When Looking For Gold Nuggets For Sale

By George Powell


There is no disputing the fact that one of the safest assets to invest in is gold. The central banks of most countries stock vast amounts of it and investors use it to keep their liquid assets safe from uncertainty. In the investment world, the most recognizable form of this mineral is the bullion. If you are an investor and do not have the funds to invest in bullions, you can still reap from choosing gold nuggets for sale.

There are several things one should consider before purchasing. First of all, you want to ascertain whether you are looking at it as an investment or are simply aiming at stocking your collectibles cabinet. Knowing where you stand in this regard will help you map out your best options.

The bullion is the highest selling type of gold in the commodities market. It is rated highly due to its enhanced purity. When buying, you will most likely be presented with a one troy ounce bar, but many other different sizes do exist. A nugget is not as pure as the bullion. It is still raw and is generally recommended for an investor who is not aiming for mega returns.

Size is always an important point of concern when buying gold. In the market, size affects pricing. The cheapest type you can get is fine dust. Large solid pieces will always cost more and may not go off the shelf as quickly as you may want. Small pieces are pretty popular with buyers looking to stock something to use as barter.

Valuation is also based on beauty. Every ore that gets churned out of a mine is different from the other. Differences can be easily spotted in color and shape. The more colorful and distinctly shaped an ore is, the more expensive it becomes.

Purification is a process used to improve visual appearance. When mined, gold is not 100% pure. The level of purity in each piece varies. As purity increases, so does value. The bulk of impurities in a freshly mined ore come from silver and copper.

Metal purity is usually measured in karats. A low karat means the ore is impure while a higher karat means it is purer. Most shops stock 18 to 22 karat pure ores. Pieces that exceed 23 karats are classified as extremely pure.

The shape of a nugget affects its pricing as well. Smooth pieces are not highly sought by collectors. Collectors are often after uniquely shaped pieces that will quickly stand out when placed on display with other minerals they own. Smooth nuggets are fairly common and are cheaper that those with interestingly shaped edges. Nevertheless, you should know that a unique nugget is bound to cost a higher premium than a smooth shaped one.

With time, the market has been infiltrated with fake minerals. In this regard, it is crucial to know how to separate the wheat from the chaff. There are special kits used to test for authenticity, and they are readily available in shops. Another prudent way to maneuver around this is to only deal with dealers who have a reputation of selling genuine gems.




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