If your gold piece doesn't have a stamp, that doesn't necessarily mean it's fake. Older pieces of gold may not be stamped because stamping wasn't required in the past.
By law, gold jewelry sold by a vendor must have a stamp of the piece's purity, so finding a stamp is a good sign! If you can't find a stamp, it's possible it wore off with time, or was sold before the law was passed. Don't worry if there is no stamp to be found, you can always consult an expert!
Gently drop your gold item into the water. Real gold is a heavy metal and will not float, so if your gold item floats you know it is not real gold. Also, if you notice rust or tarnishing on the item after being in water, this is also a sign it is not real gold since gold doesn't rust or tarnish.
Magnet test is the easiest way to check the purity of gold at home and the method is inexpensive too. Gold is a non-reactive and non-magnetic metal, whereas most other metals have magnetic properties. Therefore, if you put real gold near a magnet you will notice no change in it.
Look for a Hallmark: This is the first way to tell if the gold chain necklace you're buying is real or not. A hallmark is a small stamp on gold jewelry that indicates the gold's karat weight. Depending on the location, there will be different hallmarks.
Acid test.
An acid test can reveal the karat of solid gold jewelry, but it can also show whether jewelry is solid gold or gold-plated. With an acid test, a small sample of the jewelry is removed and exposed to acid to induce a color change. The resulting colors indicate which type of metal the jewelry is made of.
What to do: Hold the magnet up to the gold. If it's real gold it will not stick to the magnet. (Fun fact: Real gold is not magnetic.) Fake gold, on the other hand, will stick to the magnet.
The stamp will typically be on the clasps of jewelry. Some counterfeit gold will have a karat stamp on it, but rarely have a manufacturer's name.
The Standard Mark
Antique gold of 18ct and 22ct will be denoted by a crown (for gold) and a numeral, 18 or 22, which were the standards up to 1854. Post 1854, the standards were broadened to include 15ct, 12ct, and 9ct. In 1932, 12ct and 15ct standards were abolished in favour of 14ct.
The Nitric Acid Test
Gold is a noble metal which means its resistant to corrosion, oxidation and acid. To perform this test, rub your gold on a black stone to leave a visible mark. Then apply nitric acid to the mark. The acid will dissolve any base metals that aren't real gold.
You can technically sell gold without a hallmark or other markings as long as the buyer doesn't object or, as mentioned above, your gold is pure.
Check Hallmark
Look for a hallmark. A piece of gold will usually be stamped with a mark indicating its type. A stamp of “GF” or “HGP” indicates that the piece is gold-plated, not pure gold. In contrast, a pure gold piece of jewelry may show a “24K” or other marking indicating fineness.
Real gold won't be attracted to a magnet while fake pieces made of other types of metals will be magnetic. A heavy gold plating can cause for metals underneath to not be attracted to a magnet, so this method is not 100% accurate.
Gold is a very soft metal, so scratching it with a hard object like ceramic will leave a golden or a yellowish streak. On the other hand, fake gold is often made of metals that are darker in color, so you'll see a dark streak instead.
If your gold piece turns black or green when the vinegar is on it, or if it starts to smoke or fizzle at all when the vinegar touches it, it is most likely not real gold. If your gold piece does not change colors and does not fizzle or react to the vinegar in any way, it is probably real.
Drop a small amount of liquid nitric acid on that scratch and wait for a chemical reaction. Fake gold will immediately turn green where the acid is. Gold-over-sterling silver will become milky in appearance.
Gold is not a magnetic metal, so if it pulls towards, or sticks to the magnet, it's fake. However, just because it doesn't react to the magnet doesn't mean it is real, as non-magnetic metals are used in counterfeit pieces as well.
Pure gold on its own cannot stick to a magnet. However, if you have an alloy of gold, then it could stick to a magnet. An example of a gold alloy that may stick to a magnet is gold with over 20% of its atoms replaced by iron. In very cold temperatures this alloy of gold may magnetize all on its own.
The apple cider vinegar gold test is a great choice if you want to test your jewelry at home, as it is readily available and easy to do. After all, real gold will not react when exposed to the acids in vinegar, toothpaste and more.
When required, both gold and silver can be purchased anonymously. Investors who want to buy gold anonymously can do so via spot transactions, also known as over-the-counter transactions. Gold coins, silver bars or other types of precious metals can all be purchased over-the-counter for cash payments.
If your purchase is $5,000 or more we require you to have an account, and therefore, require personal identification.