Gold Buyers In Los Angeles Seeing A New Type Of Fake Gold

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(Newswire.net — August 29th, 2013) Los Angeles, CA — Gold buyers in Los Angeles are finding out that there is truth to the old saying “not all that glitters is gold”. While it has traditionally been easy for these experts to distinguish real gold from gold plated and other forms of fake jewelry, there now seems to be a new breed of fake gold that is extremely difficult to spot.

 

This new type of fake gold is so close to the real thing it is passing the traditional tests buyers use to verify gold authenticity and quality. Gold buyers will usually follow a set pattern of tests to verify the gold is real and what the karat of the gold is. These tests are simple to do, fast and have, up to recently, been extremely accurate.

First is the magnet test where the buyer runs a magnet over the gold.  If the magnet attracts the gold they know immediately it is fake.

 

Next is the acid test where the buyer will rub the gold on a black stone which leaves a mark on the stone. This mark is treated with nitric acid to see if it disappears, indicating the gold is fake.  If it doesn’t, it’s treated with a solution of nitric and hydrochloric acids which, if it dissolves the mark, indicates the gold is genuine.  To test the quality of the gold, different strengths of this acid are used.

 

This is usually enough but most gold buyers will go one step further and run an additional step where they use digital testing equipment that distinguishes gold from gold plate and indicates what the quality of the gold is (10K through 24K).

 

But what happens if a piece of fake gold passes all of these test?

 

Emma, one of the gold and jewelry buyers at Cash Gold Exchange relates what happened when she first saw this new type of fake gold.  “We performed all the normal tests on a nice gold necklace a new customer bought into our Hollywood store.  It tested out at 14K gold, however the green residue it left on the stone was unusual. This wasn’t something I had seen before and didn’t believe it could possibly be fake, since it looked and felt so real. We took the customers information down and paid over $600. I advised my manager about what had happened and we decided to melt down a piece of the necklace with a blow torch. When we did this we found that necklace melting point was way high to be gold.”

 

Emma went on to tell me that Cash Gold Exchange has since changed their testing methodology slightly and can now tell this new type of fake metal from real gold.  She went on to stress the importance of only purchasing gold and jewelry from reputable sources and having any jewelry currently owned tested by a certified jeweler.

 

To get your gold and all types of jewelry appraised for free you can visit Cash Gold Exchange at the address below, visit their website at www.cashgoldexchange.com or call Andy on 1 (877) 747-0202.

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Cash Gold Exchange
5065 Hollywood Blvd #104
Los Angeles, CA 90027
(877) 747-0202

Media Contact: Emma Monroe
Email: emma@cashgoldexchange.com
Site: www.cashgoldexchange.com