This is a set of 75% pure gold medallions manufactured by Salvador Dali. These coins are accompanied by a certificate of authenticity with these words:
We hereby certify that El Salvador Dali Medals are the first oval-shaped medals of the State of Israel. Each carries a color lithograph of one of the Twelve Tribes of Israel, and artwork of Dali. Each is numbered and embossed with the artist’s signature. The medal edge is stamped with the name and emblem of the State of Israel, serial number and metal finess. The Salvador Dali Medals are issued in strictly limited editions.
We guarantee the following specifications:
Metal Lenth/mm Width/mm Weight/gm Maximum Quantity
18k Gold / 750 45 36 41.46 650
Silver/999 60 48 105 1250
Bronze/Tombac 75 60 140 2250
Denomination 1 Azadi or Pound
Gross Weight 8.136 grams
Diameter 22 mm
Thickness 1.2 mm
Gold Content 0.2354 Fine Au
Denomination 50 Singold
Gross Weight 15.5 grams
Diameter 27 mm
Thickness 1.9 mm
Gold Content 1/2 oz .9999 Fine Au
- Visually inspect the Credit Suisse gold bar to spot any imperfection in coloration and lettering.
- Weight the bar to ensure that it is 50 grams, exactly. A fake bar that we have encountered has weighted 32.4
- Measure the length, width, and thickness. The numbers should be 47mm, 27mm, and 1.9mm respectively. If it’s a Valcambi bar, then the measurements should be 74mm, 52mm, 0.8mm.
- The imprint should mark Essayeur Fondeur “CHI,” not “CHE” or “CEI.”
- There should not be any wording to the effect of “COPY.”
- The back of the Credit Suisse Gold bar is always stamped with the name “CREDIT SUISSE,” repeatedly.
- It should not be magnetic.
- Most acids will not be able to discolor 24K gold. Only a strong solution of Aqua Regia can dull its color slightly.
- When dropped onto a solid surface, this gold bar should make a high pitch noise, not thumbing noise. Plus, it will chyme for at least a few milliseconds.
- When in doubt, one may choose to drill into the bar to ensure that it’s not Tungsten inside. We have not yet encountered a 50 gram gold bar that has been “filled” with other metals.
White gold is a great alternative for people who do not have a lot of money but would like to have the look and feel of platinum. Platinum is more expensive than white gold, but when it comes to jewelery made from these two, who’s jewelery is more durable and has better quality? I’m not asking about beauty, since beauty lies in the eyes of the viewer:).
Both white gold and platinum look the same from appearance due to their silver shining color. However, when it comes to pricing, you might notice that a platinum ring with diamonds will actually cost 300% to 600% more than a 14K white gold ring with diamonds.
There are several reasons why platinum is more expensive then white gold. One of them is the color, however, since you do not want to compare them from the appearance perspective, we will move on to another factor.
Platinum is heavier than white gold, therefore, you will not get cheap feeling when you are wearing it. It is also harder than white gold which makes it more durable. However, since it is harder, less ductile and malleable than gold, the cost that is needed to craft platinum metal will be also affected and raised the total of the jewelry.
In jewelry making, platinum jewelry is normally made of 95% of platinum. While for white gold jewelry is normally made of two types of combinations, the first one is a combination of 75% of natural gold with 25% of platinum or palladium and the second one is a combination can be 75% of natural gold with 10% of palladium, 10% of nickel and 5% of zinc. The difference in composition is also one of the factors why platinum jewelry is more expensive.
Platinum jewelry does not need regular maintenance as much as white gold jewelry needs so it can be a real great choice for wedding rings or jewelries that have to be worn all the time. As for white gold jewelry, it may need some rhodium polishing to maintain its luster and to fill up the gold lost due to scratches. Platinum jewelry normally does not lose any metal because of scratches and it does not need polishing to restore its color. White gold can be easily scratched while platinum don’t. White gold tends to change its color due to heating while platinum don’t.
I found out today that there is some sort of premium attached to coins, it’s what makes the price of coins higher, so I guess it is a fee of some sort? Could anyone explain a bit more what this premium is exactly and why do we have to pay it?
Premium on products would be the added cost that the manufacturer or the reseller puts on the product in order to cover any additional possible costs that were present during the manufacturing and handling of the item. The same is true for premium on coins.
This kind of discrepancy in price of coins and the spot price of gold is something that confuses newcomers who are only starting in the world of bullion coins. Coins which are made from pure gold and which weigh exactly 1 troy ounce will not have the spot price of gold, which would be around 1700$. Depending on how many hands the coins went through it could have a pretty high price. The mint might add a small percentage of the spot price to the overall price in order to make a small profit, the same is true for the reseller, the middle man between the mint and the buyer. If the coin went through high number of hands it could fetch considerably higher price. The resellers are also adding a small fraction and it could end up as a pretty high price. So premium is sort of like a profit which the people who are handling or reselling the coins add in order to make some money.
High precious metal prices are definitely not one of the situations where you should be making your move and investing in them. The reason why that is the case is because of the fickle markets which could cause you to not lose money, but just wait for a long time on any kind of positive return on the investment. Majority of us have thought about making investments in precious metals, and if you have been thinking about it, and you maybe even decided to invest your money, the least you could do is make sure that you do it properly.
First let’s make one thing clear, when you are investing in precious metals, do not think that what we’ve said just now means that the precious metals could somehow lose their value completely and that you won’t have any kind of money at all. That’s not what we were saying. What we are saying is that precious metals do have its ups and downs, their value oscillates with the markets and if you’re not careful enough, you could end up with a not so very favorable purchase, which is something that is possible and could happen.
Buying precious metals when their price is high is not a good idea. After you do something like this, you’re gonna end up with an investment that’s very expensive. One of the reasons why you should be interested in precious metals when their prices is low is because if their prices was high and has come down, the chances are good that it has the capacity to go back up again. That’s precisely the reasons why you should be doing this type of investments in precious metals when their prices is low.
A lot of you are now probably wondering how can we know when the price is slow, well one way of doing it would be by checking to see just what kind of history the price of the precious metal that you’re interested in buying has. For example, if you were looking into gold, it quite recently experienced an incline in it’s prices and investing in it now is quite a bit more expensive than it was a few months back. One of the things that you could say about the investment would be that it’s gonna be more expensive now, than in the past.
So should you be investing in gold now, when the price is so high? Well there are some people who say that you should, another thing that you need to take into account would be what’s being said on the market about the behavior of a certain precious metals, for example you need to check to see just what kind of things people are saying about gold, if it’s gold that you’re planning to invest in. The reason why you should be careful, because if you’re not, the money that you’re investing in could be tied up in the investment for a long time if it goes down, so be very careful when investing in precious metals when their price is spiking, it could mean that you’ll wait for a long time before masking a return on the investment.
A lot of people have been wondering just what kind of differences there is between hand made jewelry and whatever the alternative to it would be, is it really machine made jewelry, there’s no human contact at all? Well the answer to this question will surprise a lot of people, but it’s actually true, in the production of jewelry that you can find in majority of jewelry stores, there’s actually very little human contact with the actual precious metals, everything is done with machines.
Mass produced jewelry some might say doesn’t have a soul, but in order to achieve the kind of precision that you see in various different kinds of gold chain designs, you need to involve chains. If it were done manually, it would be practically impossible to do it, especially on smaller chain links which are very popular with the ladies.
Machines are used for pretty much everything when it comes to mass produced jewelry. First a piece of the gold alloy made by mixing gold and various other base metals. It’s necessary to do this in order to give the chain increased hardness and durability. For these reasons base metals or in case more expensive jewelry other more harder precious metals. In either case, a gold alloy is made and once that it’s cooked up, the created piece has go through various different processes where it’s pressed down and thinned completely to a very long rod, small in diameter.
This rod is then fed to machines which are actually doing the jewelry creations. Depending on the complexity of the design, either 2 robots are needed, or just one. If it’s a simple chain style where you only have round links, 2 feeder hands are used. Once of them twirls one rod to form a circle, while the other one lead a second rod to the first one and also turns it in order to make a circle. The other robotic arms again leads in its own rod through the circle, and adds a new link. This is done until the desired lengths are reached and then everything starts from scratch.
Handmade jewelry is unique, that’s for sure, but how good it is really depends on the person’s taste, remember that old saying that the beauty is in the eyes of the beholder? Well the same is true for jewelry. Most of the handmade jewelry out there is costume jewelry, it’s not precious metals. Creating something more complex would cause a lot of problems to the people, problems because they wouldn’t know what they are doing, and also because not everyone would be able to buy the kind of equipment is needed for the actual processing of precious metals.
Homemade jewelry with precious metals would have to do the same thing that machine do by hand, and there’s a good chance that there will be discrepancies in the size of the created jewelry, on our example, on the crated chain links. Now no one can say precisely how much and if this as happened, but if it’s bad enough, other might notice that you’re necklace or bracelet links aren’t very consistent when it comes to shape and size. For this reason if you are not very careful, make sure that you are when buying homemade jewelry, who knows what it might be.