Gold and Precious Metals Analysis
Gold
Gold is a chemical element. Its chemical symbol is Au. Its melting temperature is 1,064.43 °C.
Purity of gold
Gold purity is divided into carats and carats divide respectively in degrees.
What is gold?
Gold is a chemical element with the symbol Au. It is found in a solid state deep within the Earth. It is a shiny, yellowish metal that humans can easily process and alter its state based on their needs. To be more specific, people can melt gold, meaning that they turn it from a solid to a liquid state, by raising the temperature to 1,064.43 °C.
Gold is a precious metal as it has great financial value. In ancient times, it was the main source for making coins, jewellery and other creations. After the outbreak of the First World War in 1914, Europe ceased using it as a financial means because it did not facilitate the exorbitant costs of providing for military needs.
Although gold lost its prestigious status, it remains a sought-after and precious metal. It continues to play an important role in the economy since many international banks hold gold reserves and gold investments are common. Additionally, gold is used for crafting numerous objects, like jewellery, dental caps, computer and industrial components.
What types of gold does Fasma Hellas accept?
You can trust Fasma Hellas with a great variety of gold objects as we are capable of informing you about the exact percentage of gold they consist of. Some typical examples of gold objects we encounter are:
- Gold Sovereigns
- Gold Coins
- Gold Bars
- Gold Jewellery
- Gold Vessels
- Gold Dental Materials
If you wish, after the gold anaysis, you can sell your gold belongings to Fasma Hellas.
How is gold price determined?
The purity of gold, like diamonds, is measured in carats. It is important to know that it is a common practice to mix gold with other metals, such as silver, copper, iron, and so on, so that it is cheaper to make. When we talk about a 24-carat gold object, it means that this thing is made out of pure, unalloyed gold.The lower the number of carats is, the less amount of gold it was used for the creation of the particular object.
Why should you test the purity of the gold object you have?
Gold, in all its shapes and forms, is a great capital asset, which you can even use as evidence of wealth and prosperity. Therefore, you should be a hundred percent certain that your possessions are indeed as valuable as you believe. Especially about things that factor in your net worth, you should not just assume or trust people who are not experienced valuers.
If you decide that you want to sell a gold coin or object for whatever reason, you should know its worth beforehand in order not to be scammed and accept a price that is lower than its actual value. Choosing to sell your gold to Fasma Hellas, you do not need to worry about frauds as you will receive a great offer.
Why choose Fasma Hellas to test your gold belongings?
Fasma Hellas has been in the gold business for about 50 years. Its successful course in the field rests on our principle of offering excellent buying and analysing services of all kinds of precious metals, including gold. How do we do that? We are equipped with state-of-the-art spectrometers, which produce quick and detailed reports of every testing. Our customers are not only treated with the ultimum respect and care but also they receive a certificate proving the mak-up of their belongings.
Analysis of Gold Purity
Carats | Degree Celsius | Gold Purity % |
---|---|---|
8 | 333 | 33,3% |
9 | 375 | 37,5% |
10 | 417 | 41,7% |
12 | 500 | 50,0% |
14 | 583 | 58,3% |
18 | 750 | 75,0% |
21 | 857 | 87,5% |
22 | 916 | 91,6% |
24 | 999 | 99,9% |
Official Gold Coins per Country
Types | Weight in Gr | Purity | Diameter in Mm | Amount of Pure Gold |
---|---|---|---|---|
ENGLAND British Sovereign |
7.9881 | 916° | 22 | 7.322 |
VICTORIA | 7.9881 | 916° | 22 | 7.322 |
EDWARD | 7.9881 | 916° | 22 | 7.322 |
GEORGE | 7.9881 | 916° | 22 | 7.322 |
ELIZABETH | 7.9881 | 916° | 22 | 7.322 |
FRANCE 20 FRENCH FRANC NAPOLEON |
645.16 | 900° | 21 | 5.806 |
SWITZERLAND VRENELLI 1897-1933 |
645.16 | 900° | 21 | 5.806 |
CANADA MAPLE LEAF 1979 |
31.103 | 999° | 30 | 31.103 |
HUNGARY 100 KORONA 1908 |
33.875 | 900° | 37 | 30.487 |
AUSTRIA 100 KORONA 1915 |
33,875 | 900° | 37 | 30,487 |
AUSTRIA 4 DUCAT 1915 |
13,963 | 986° | 39 | 13,777 |
USA DOUBLE EAGLE 20 DOLLARS 1907-1933 |
33,437 | 900° | 34 | 30,093 |
LIBERTY 1877-1907 | 33,43 | 900° | 34 | 30,093 |
MEXICO 50 PESOS 1947 |
41,66 | 900° | 37 | 37,499 |
20 PESOS 1959 | 16,66 | 900° | 27 | 14,999 |
SOUTH AFRICA KRUGERRAND 1967 |
33,956 | 916° | 32,3 | 31,103 |
2 KRUGERRAND 1961 | 7,988 | 916° | 22 | 7,322 |
RUSSIA 10 RUBLES 1923-1975 |
8.605 | 900° | 22.5 | 7.744 |
Units to Weigh Gold
1 TROY= 1 OUNCE = 31,103 GRAMS
32,151 OUNCES = 1 KILO = 1000 GRAMS
1 GRAM = 5,3 CARATS (FOR MINERAL STONES)
Gold Sovereigns
One of the most common coins are the British Sovereigns, most of which are decorated by the busts of several kings and queens.
Characteristics of Gold Sovereigns:
WEIGHT 7,98 gr
DIAMETER 22.05 MIL.
CARATS 22-916 DEGREES
Mints where gold sovereigns have been made: British: London, Australian: Melbourne, Perth, Sydney, South Africa, India, Canada.
British Gold Sovereign,
George III 1817 – 1820
British Gold Sovereign,
George IV 1820 – 1830
British Gold Sovereign, William IV 1831 – 1837
Χρυσή Λίρα Αγγλίας, Victoria 1838 – 1887
British Gold Sovereign, Victoria 1887 – 1893
British Gold Sovereign, Victoria 1893 – 1901
British Gold Sovereign, Edward VI 1902 – 1910
British Gold Sovereign, George V 1911 – 1932
British Gold Sovereign, Elizabeth II 1957 – 1968
British Gold Sovereign, Elizabeth II 1974 – 1982
British Gold Sovereign, Elizabeth II 2012
British Gold Sovereign, Elizabeth II 2000 – 2015
British Gold Sovereign, Elizabeth II 2020
Invest in Gold
One of the most common ways people can invest in gold is by buying gold bars and gold sovereigns from trusted banks.
Their purity ranges from 995,0 to 999,9 degrees. Their weight also varies as you can find a bar of just 1, 5 or 10 grams up to 1 kilo.
Frequently Asked Questions
Fasma Hellas can analyse all kinds of gold items from jewellery to materials used in dentistry.
Our state-of-the-art X-Strata 980 spectrometer can analyse up to 50 items simultaneously in just a few seconds. Thus, you can bring as many items as you want.
In just 20 seconds, our machines print a detailed report on your items. Our experienced staff can explain the results of this report to you for as long as you would like.
Once the procedure is complete, you are going to receive a certificate of every single item we have analysed.
Yes, you can. Fasma Hellas buys gold in all its forms at excellent prices.