Jump to content
Sign in to follow this  
Tulley

Beware of gold clad and gold layered coins and bars!

Recommended Posts

Tulley

Gold clad coins are nothing more than regular coins with some worthless substance as coating. Gold clad actually refers to a technology that involves the bonding of two (or more) different metals with the idea being to improve its characteristics. Essentially, gold clad coins are when gold is bonded to another cheap metal. In layman’s terms, the ‘gold’ you are receiving is practically worthless.

Indeed, gold clad coins are so worthless that they can’t even be melted down because the refining costs would be far higher than the value of the gold that’s actually in the coins and the bars.

They are not bullion!

Share this post


Link to post
Share on other sites
alloway65

Good post....CLAD.....this term is understood by most.......I hope......it is when sellers omit to point out the fact that the medallions they are selling are actually clad.

 

This happened recently on BoB now the seller in question is being asked to refund the unfortunate buyers.

Share this post


Link to post
Share on other sites
Guest Guest
Gold clad coins are nothing more than regular coins with some worthless substance as coating. Gold clad actually refers to a technology that involves the bonding of two (or more) different metals with the idea being to improve its characteristics. Essentially, gold clad coins are when gold is bonded to another cheap metal. In layman’s terms, the ‘gold’ you are receiving is practically worthless.

Indeed, gold clad coins are so worthless that they can’t even be melted down because the refining costs would be far higher than the value of the gold that’s actually in the coins and the bars.

They are not bullion!

 

Gold coins are clad in Tungsten... a metal which has a weight very similar to that of gold.

 

Youtube videos:

 

Silver clad bars and coins - how to check for fraud

 

 

Scott

Share this post


Link to post
Share on other sites

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
Sign in to follow this  

×