25 Karat Gold?

Discussion in 'Bullion Investing' started by Drago the Wolf, Mar 20, 2012.

  1. Kentucky

    Kentucky Supporter! Supporter

    I have had lots of friends from India and gold has always been very popular there. It was found early on that 24K or 100% (not to quibble) gold wore very quickly. Even a medallion worn around the neck would soon wear as it rubbed on the skin. The highest K gold that they found to have decent wearing power was 22K which translates to 22/24 (100) = 91.7%, close to the 90% coinage.
     
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  3. rickmp

    rickmp Frequently flatulent.

    If I want the most accurate and factual information, before I'd trust a cereal box I'd go to a fortune teller. Everyone knows that fortune tellers are THE most trusted of all sources.
     
  4. green18

    green18 Unknown member Sweet on Commemorative Coins Supporter

    Fortune tellers have been known to read the back of cereal boxes.......:)
     
  5. 10gary22

    10gary22 Junior Member

    Isn't 25k gold what they used in the James Bond movie ?
     
  6. 10gary22

    10gary22 Junior Member

    It's the flux that seperates impurities from gold. But that has a residue also, hence .999 fine. That's 99 9/10 gold or 24k. So the process is about the same.

    It might be noted that for taxation purposes, gold ingots smelted in the "New World" were marked at a lower purity than they actually were. Even loyal subjects were not above cheating the King, I guess ?
     
  7. Atarian

    Atarian Well-Known Member

    Cyanide...

    Sweet....
     
  8. mizozuman2

    mizozuman2 that random guy

  9. GreatWalrus

    GreatWalrus WHEREZ MAH BUKKIT

    That green line indicates poor grammar.

    Tssk.. tssk, Rick.
     
  10. mizozuman2

    mizozuman2 that random guy


    SSSHHHHH!!!! they don't have to know!
     
  11. Billyray

    Billyray Junior Member

    if 24k gold is .999 then 1.000 would be 24.024024024k
     
  12. Unspecified User

    Unspecified User New Member

    What cereal box was it? "Golden" Grahams? :D
     
  13. Unspecified User

    Unspecified User New Member

    What cereal box was it? "Golden" Grahams? :D
     
  14. Unspecified User

    Unspecified User New Member

    What cereal box was it? "Golden" Grahams? :D
     
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