Best buy gold > about gold
Gold has had such a long and fascinating history and has so many unique properties that its hardly surprising there are quite a few startling facts about it.One of the world’s rarest gold coins sold at auction in New York for 7.59 million dollars in 2002.
One reason why gold is so revered throughout the world is that it’s got such an incredible history from ancient Egyptians to James Bond, from Homers odyssey to the Californian gold rush, gold has played a fascinating part in world history and culture for thousands of years.
Ever since it was first discovered gold has always been recycled thanks to its inherent high value so that means your modern day jewellery or dental crown could contain gold that was mined in prehistoric times and might even have been part of some priceless item belonging to ancient royalty.
Today at least 15% of annual gold consumption is recycled each year.
The word carat (the measurement for gold purity) comes from carob, carob seeds were originally used to balance the scale in oriental bazaars, pure gold is designated 24 carat which compares with the fineness by which bar gold is defined.
A hallmark is a quality control mark placed on an article made of precious metal.
Hallmarks are important because they guarantee to the consumer that the article has been independently tested to be of the standard minimum purity.
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