Monday, April 15, 2013

Beware of the fake gold coins



Do you like collecting gold coins, or buy them for the purpose of investing in gold? The truth is that if you are dealing with gold coins, sooner or later you would come across fake gold coins. At that time you would really feel the need of having the information which could help in differentiating between the real gold coins and the fake version of them.

It’s not easy to differentiate between a real gold coin and a fake gold coin; if it was so then the fake gold coins would not have been in circulation. At first glance, fake gold coins just look like the real coins and it’s because of this reason that a lot of people fall into this trap. However, if you are careful and have good information about gold coins, you can protect yourself from being ripped off.

In the early days, to find the originality of a gold coin people used to bite on them. This is a very unprofessional way of determining the originality of a coin and at no time should be recommended to anyone. By doing so, you might break a tooth, and also it’s not necessary that this will really help you in differentiating a real coin from the fake one.

So, how can anyone go about testing a gold coin? The other way of testing the originality of a gold coin is by listening to the jangling sound of it. If you have good ears, you would easily be able to use this testing strategy. Gold coins that are fake, sound very dull and so if you are used to the jangling sound of real gold coins, you can easily spot the difference. This testing strategy however is not much reliable, and therefore might not bring you much success.

You might be wondering now as to what’s the best way of testing gold coins? Well, the best way to test the originality of a gold coin is by seeking the help of a professional. You can take your gold coin to any nearby gold dealer and he/she will easily be able to tell you if it’s real or fake. Gold dealers usually have a lot of experience in dealing with gold, not to mention the equipments they have to check originality of the metal. So, if you really want to know if your gold coins are real or fake, the help of gold dealers is something that you can completely rely upon.


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