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AR15.COM
2/10/2010 12:24:14 PM EDT
How would you go about selling gold that isn't pure? Out of the ground, it is maybe 75% pure.

Here's the scenario: Early gold miners would make crude molds by digging their fingers in the wet sand and pouring the molten gold into these. Imagine finding a cache of these ingots! How would you go about selling this impure gold? I don't think a jeweler would take it, as it isn't pure enough for jewelery.
2/10/2010 12:28:03 PM EDT
[#1]





Quoted:



How would you go about selling gold that isn't pure? Out of the ground, it is maybe 75% pure.





Here's the scenario: Early gold miners would make crude molds by digging their fingers in the wet sand and pouring the molten gold into these. Imagine finding a cache of these ingots! How would you go about selling this impure gold? I don't think a jeweler would take it, as it isn't pure enough for jewelery.



Get it assayed.



Although they would likely be worth more than face due to historical reasons.





 
2/10/2010 12:34:15 PM EDT
[#2]
mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.


saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.
2/10/2010 12:39:18 PM EDT
[#3]



Quoted:


mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.





saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.







I wouldn't recommend doing this.



but yes that is a very ancient and toxic way to extract most impurities.



 
2/10/2010 12:39:20 PM EDT
[#4]
Sell it to a refiner...

If I found early poured bars and could verify their age, then they would be sold elsewhere (to collectors over spot).
2/10/2010 12:48:27 PM EDT
[#5]
Quoted:
mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.


saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.



I think it was Peru
2/10/2010 12:55:34 PM EDT
[#6]



Quoted:



Quoted:

mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.





saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.






I think it was Peru



Yes it was Eastern Peru... but as far as most are concerned all Spanish Speakers are Messicans.



 
2/10/2010 12:58:14 PM EDT
[#7]
Quoted:
How would you go about selling gold that isn't pure? Out of the ground, it is maybe 75% pure.

Here's the scenario: Early gold miners would make crude molds by digging their fingers in the wet sand and pouring the molten gold into these. Imagine finding a cache of these ingots! How would you go about selling this impure gold? I don't think a jeweler would take it, as it isn't pure enough for jewelery.


Jeweler will assay it for you...and then give you that percentage of gold in an under-spot amount of moneys.

Quoted:

Quoted:
mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.


saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.



I wouldn't recommend doing this.

but yes that is a very ancient and toxic way to extract most impurities.
 


Not so much for getting rid of impurites...Mostly to get all of the gold amalgamated into one place.

Once the gold/mercury blob is alltogether, they burn-off the mercury....and the gold is STILL not pure, because it is probably 18-22 Karat to begin with.

As for putting bare feet into mercury, I would not worry too much about it...just don't breath the vapors.
2/10/2010 1:14:40 PM EDT
[#8]
Quoted:

Quoted:
Quoted:
mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.


saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.



I think it was Peru

Yes it was Eastern Peru... but as far as most are concerned all Spanish Speakers are Messicans.
 


Don't tell this to a Peruvian. Your day will become very exciting.
2/10/2010 1:15:13 PM EDT
[#9]
Don't bother with the mercury and just sell it to a scrap gold dealer. Mercury is not something you want to mess with to make a few bucks.
2/10/2010 1:46:20 PM EDT
[#10]



Quoted:



Quoted:




Quoted:


Quoted:

mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.





saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.






I think it was Peru



Yes it was Eastern Peru... but as far as most are concerned all Spanish Speakers are Messicans.

 




Don't tell this to a Peruvian. Your day will become very exciting.


REALLY?




Turn on your sarcasm meter.




I married an Ecuadorian/Mexican.



 
2/10/2010 1:48:03 PM EDT
[#11]



Quoted:



Quoted:

How would you go about selling gold that isn't pure? Out of the ground, it is maybe 75% pure.



Here's the scenario: Early gold miners would make crude molds by digging their fingers in the wet sand and pouring the molten gold into these. Imagine finding a cache of these ingots! How would you go about selling this impure gold? I don't think a jeweler would take it, as it isn't pure enough for jewelery.




Jeweler will assay it for you...and then give you that percentage of gold in an under-spot amount of moneys.




Quoted:




Quoted:

mix it up in water. pour mercury into the water and mix it up really well for about an hour. pour excess water and junk out but keep the mercury. gold will stick to the mercury. Burn the mercury off and you will have a more pure gold.





saw it on the discovery channel or something. they had a bunch of Mexicans mixing the the mercury with their bare feet.







I wouldn't recommend doing this.



but yes that is a very ancient and toxic way to extract most impurities.

 




Not so much for getting rid of impurites...Mostly to get all of the gold amalgamated into one place.



Once the gold/mercury blob is alltogether, they burn-off the mercury....and the gold is STILL not pure, because it is probably 18-22 Karat to begin with.



As for putting bare feet into mercury, I would not worry too much about it...just don't breath the vapors.


No, but is is a way to quickly remove gross impurities from your fine gold dust. The raw gold is still mixed with copper, silver and other trace elements.