I don't know much but I read somewhere here somewhere suggested turning 24k gold into 18K by mixing it with 25% copper or something else.
I seems 24K gold is difficult to test for but 18K is a lot easier.
So the product is more saleable and they/you will get a better return for your gold.
Good point, but i think that is when the buyer only has a gold test solution kit that can test up to 22K.
That's a 2K or 8,33% 'loss' right there, and then you get a percentage of what's 'left' because there are "refining and trading costs", even when you turn in four nines fine Au.
Plus you have to trust his did not swap the 20K solution with the 22K solution
"Ah, sorry ma'am, that is only plated gold, you can trust me! "
If you have an honest buyer, that has a real way of testing in stead of scamming and will pay out what's actually there, build up a relationship and trust, and maybe even get a premium on that superfine gold, which you're proud of refining it yourself.
Remember he can't stock and trade it for free eighter.
Look at what banks charge for a gram of four nines gold when you want to buy it, nicely stamped and certified; it will be way over spot! A nice Credit Suisse 1 gram piece will set you back 101 euro! what's that compared to spot?
Will you ever get 101 euro return in goods in your life time? probably not.
Another bubble scam to keep the deep pockets deep.
Sell it to a collector that knows the value. Not a "we buy gold" shop. Most of them are scammers imo. That one-time desperate customer that needs money fast, sure is disappointed, but his opinion will not make a dent on his business as that's what their clientele consists of, they will not come back to do business, they sold all they had.
did you ever watch this south park episode? It's painfully true. it's a google link to, can't open it at work.
https://www.google.nl/url?sa=t&rct=...usg=AOvVaw2_Vs0PjA-LusPVmpRuol2D&opi=89978449
Martijn.