Identifying Fake Gold Coins - Aura Jewels

1. Identifying Fake Gold Coins Most of us always tend to invest in gold when we have a good sum of money in hand. We consider investing in the best gold jewellery in Bangalore so that we can make a good investment, while also utilizing the money at the same time. However, there is yet another good way of investing money – gold coins. Investing in gold coins means securing your money in something that is safe with you, which can also help in times of need. For example, when the gold prices rise up, you can always sell of the coin and get a higher price than invested, and use it in times of need. Also, investing in a gold coin means you can always gift it to someone really special on a very special occasion. In all ways, investing in gold coins is a win-win situation! Nevertheless, while investing in gold coins is a great decision, it also comes with a concern of mistakenly investing in fake gold coins. Especially when one is buying a gold coin for the first time, there is always a risk of being fooled. So, if you are one of those who are worried about investing in fake gold coins, we are here to help with this blog. Here, we let you know some very easy ways of determining whether the gold coin you are buying is real or a counterfeit one. You can always make these tests on the coin before deciding on paying for it. Check for the size and weight If the weight is just right, a fake gold coin will either be too thick or large in diameter. Or, if the diameter and thickness is right, the weight won't be correct. Have some knowledge about the real dimension and thickness of a gold coin of a weight that you are planning to buy; and make the comparisons when you are actually buying. The correct ratio of weight, diameter, and thickness should mean that the gold is genuine.

2. Check the stamp Check for a small stamp on the coin along with the manufacturer’s stamp, which will be in an unseen place that will indicate the purity of gold. Hallmarked gold indicates that it is pure gold. So, check for the BIS logo, logo of assaying and hallmarking centre, and the manufacturer’s identification mark and number. Take the floating test This is one of the easiest ways to analyze whether the gold coin is real or fake. Real gold will always sink down to the bottom of the vessel, while the fake one will float. However, this test alone cannot determine the genuineness because fake gold can be mixed with other heavy weight alloys that may tend to make the coin go down, making you mistake it for real gold. So, along with this, take the other below mentioned tests too to make a final confirmation. However, if the coin floats, there is no looking ahead – it definitely is a fake coin! Take the sound test Real gold coins chime bright when struck. Any other metal alloy’s sound will be duller. Make yourself familiar with the chiming sound of real gold, and compare it when buying the gold coin. Take the magnet test Gold is non-magnetic, so catching a fake gold coin with the help of a magnet is one of the easiest things you can do. If the coin sticks to the magnet, it is absolutely fake. With all of these tests, you will be able to identify if the gold coin you are intending to buy is real or fake. So, you shouldn’t be cheated ever again! Even so, to make it absolutely comfortable for you, that is, to help you buy only genuine gold without having to undergo the hassles of all the above tests, just walk into Aura Jewels, where only genuine hallmarked gold is used to make the best gold jewellery in Bangalore.