The listing, Genuine GOLD Bar ~ 1/2 Gram ~ In Assay Card has ended.
Winner receives a .5 gram gold bullion bar!
-Sealed in assay card
-Manufacturer: Istanbul Gold Refinery
Specifications
Metal: AU
Fineness: 999.9
Size: 8.62 x 15.33 x 0.19 mm
Fine Weight: 0.5 g
Packaging: Serial numbered assay certificate, numbers will vary
IGR gold bars are embedded in a card with security measures making them difficult to fake, including a hologram, unique serial number, & barcode that allows easy identification of each bar.
When buying precious metals, take the time to familiarize yourself with the product- including manufacturer, specifications, & packaging.
Fakes are easy to spot once you know how!
A Few Handy Definitions
(Public knowledge; feel free to copy)
BULLION- A PURE form of a precious metal (gold, silver, palladium or platinum) as bars or ingots. Min 99.5% pure
BULLION COINS- Legal tender, not intended for general circulation; made for the purpose of investing. Min 99.5% pure
CLAD- A manufacturing method, does NOT indicate content.
A clad coin consists of outer layers of one metal bonded to a core of a different metal.
GRAIN- 15.43 grains = 1 gram
GRAM- 31.1 grams = 1 troy ounce
MAGNET TEST- Only proves an item is NOT precious metal.
Will not prove an item IS a precious metal, since most metals (aluminum, copper, lead, nickel, titanium, zinc, gold, silver) are not magnetic.
In fact, ferromagnetism occurs in very few substances; the common ones are iron, nickel, cobalt, and certain rare earth metals such as gadolinium, neodymium and samarium.
MILLS- A term misused by unscrupulous sellers to sell fake or plated items to the unwary- when confronted they often claim it infers plating thickness.
PLATED- A VERY thin layer of metal deposited onto another metal.
TROY- Weight system customary for precious metals, 12 troy ounces per troy pound rather than 16 ounces per pound in the avoirdupois system.
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Did you know? One ounce of gold can be stretched to a length of 50 miles!