Are Gold Coins Real Gold?
It’s a question that pops up often: "Are gold coins real gold?" If you’re new to gold collecting or prospecting, it can be a bit confusing. So let’s dig into the details and help you understand what’s behind those shiny coins.
What Are Gold Coins?
Gold coins come in various shapes, sizes, and purity levels. Historically, they were used as currency, but these days, gold coins are mainly produced for collectors and investors. Whether minted by a government or a private company, most gold coins are made from real gold, but the amount of gold in them can vary.
You’ll find gold coins stamped with different carat levels. Some are made of pure gold (24 carats), while others contain a mix of gold and other metals. For instance, a 22-carat gold coin will have about 91.67% gold, with the rest being copper or silver. These alloys are added to make the coin more durable.
The Difference Between Gold Coins and Natural Gold
Now, here’s the kicker – while gold coins are real gold, they’re often alloyed for durability, meaning the gold content is lower than the pure, natural gold we dig up from the creeks. At "Oh That’s Gold," the paydirt we sell is packed with natural gold, often between 22 and 24 carats – straight from the source with no extra metals mixed in. Australian Gold is some of the most pure gold in the universe!
Gold coins are definitely worth collecting or investing in, but when it comes to pure gold, there’s something truly special about the nuggets and flakes you find prospecting. Not only is it purer, but it also carries the adventure and history of where it was found.
Why We Stick to Natural Gold
We pride ourselves on only offering the real stuff – no gold coins or shavings in our paydirt! What you’ll find in our paydirt comes from our prospecting trips, and you can see the gold we collect firsthand on our YouTube channel. It’s natural, raw gold with no additives or alloys, giving you a more authentic and pure experience.
The Value of Gold Coins
Gold coins are a popular investment because of their weight and gold content, and with the price of gold steadily increasing, it’s no wonder they’re sought after. But here’s something to consider: coins, like any manufactured product, carry a premium. You’re paying for the minting process, design, and often the rarity of the coin itself, which may not always reflect the actual gold content. With natural gold, like what’s in our paydirt, you're paying for pure gold – no extras, just the precious metal.
Gold is On the Rise
Gold prices have been climbing, and whether you’re stacking gold coins or hunting for nuggets in paydirt, it’s a solid investment. But if you want to get your hands on something truly unique and pure, natural gold from prospecting offers a different kind of value. Each piece is a one-of-a-kind treasure.
If you’re keen to try your hand at finding pure gold, grab a bag of our paydirt from our store. And for a sneak peek at the gold we pull out of the creeks, check out our YouTube channel where you can see the action live.
Happy prospecting, and may your pans be full of gold!