How to Identify Gold: Did You Know?

Watch and listen to this episode of U.S. Money Reserve's “Did You Know?” to learn how to identify real gold from false gold. 

How to Identify Gold: Did You Know?

Narrator (00:04):
Counterfeit gold poses a common problem around the world. Iron pyrite or “fool's gold” has often been mistaken for real gold throughout history in America. In recent years, 90 kilograms of counterfeit gold was found in the Ethiopian central bank. There are certain identifiers gold has that can be useful in telling it apart from counterfeit gold. Pure gold does not rust or corrode and it is not magnetic. Observing gold through a microscope can be very telling. Real gold does not have a strong shine and has a consistent soft yellow color. Gold is also sectile, which means it can be cut smoothly with a knife. However, because of this property, gold is often alloyed with other precious metals like silver and platinum. Gold bars, coins, and jewelry have engravings that specify the amount of pure gold they contain. Aside from these defining characteristics, there are plenty of tests that can be used to identify real gold.

Narrator (01:01):
Counterfeit gold will react with skin within minutes of contact and cause green or black discoloration. Real gold will not react with clean skin, but it produces a black mark on skin that has foundation makeup applied to it. A color reaction to white vinegar also signifies counterfeit gold. One popular tradition in testing gold is biting it. Many believe teeth marks will signify real gold, but some counterfeit gold can also pass this test. Ultimately, the most accurate tests professionals use involve electronic and thermo machines. If you want to learn more about gold's place in history and gold's place in your portfolio, call the number on your screen or click the link below.