Factors To Consider When Searching For Gold Nuggets For Sale

By George Powell


Gold has always been a precious commodity to hold as an asset. It offers a safe haven for people looking to cushion their liquid investments against uncertainty and has been used by central banks to keep economies afloat for ages. The most popular commercial form of this precious metal is the bullion. However, those who have limited finances but still want a piece of it may opt for gold nuggets for sale.

There are numerous factors that a buyer should bear in mind before buying. Firstly, it is important to establish the purpose of buying, being as one could be doing so to simply add to his collectibles or to widen his investment portfolio. Establishing this aspect is a good way to know what to go for.

The bullion is the highest selling type of gold in the commodities market. It is rated highly due to its enhanced purity. When buying, you will most likely be presented with a one troy ounce bar, but many other different sizes do exist. A nugget is not as pure as the bullion. It is still raw and is generally recommended for an investor who is not aiming for mega returns.

Size is a crucial factor to bear in mind during the buying process. It goes hand in hand with pricing. Gold dust is the cheapest form of the mineral. Large pieces fetch more in the market but often take time to sell. Small sized pieces are highly favored by buyers who simply desire assets to use in bartering.

Valuation is also based on beauty. Every ore that gets churned out of a mine is different from the other. Differences can be easily spotted in color and shape. The more colorful and distinctly shaped an ore is, the more expensive it becomes.

Dealers usually enhance appeal through purification. There is no raw form of this metal that is 100% pure. In essence, purity levels vary from piece to piece. The purer your metal is, the more appealing it looks and the higher its value. Copper and silver are the two primary metals that make raw gold impure.

Metal purity is usually measured in karats. A low karat means the ore is impure while a higher karat means it is purer. Most shops stock 18 to 22 karat pure ores. Pieces that exceed 23 karats are classified as extremely pure.

The shape of a nugget affects its pricing as well. Smooth pieces are not highly sought by collectors. Collectors are often after uniquely shaped pieces that will quickly stand out when placed on display with other minerals they own. Smooth nuggets are fairly common and are cheaper that those with interestingly shaped edges. Nevertheless, you should know that a unique nugget is bound to cost a higher premium than a smooth shaped one.

Over the years, fake variants have infiltrated the market. In light of this, you might want to learn how to distinguish the real from the fake. You can distinguish authenticity through the use of test kits that are available in most mineral shops. Another way to avoid getting duped is to only engage dealers who are known to deal in genuine minerals.




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