For sale: 10g gold cube

[duid88]

I don't think this would be a very safe transaction, even with the use of escrow. Even if a buyer was able to sufficiently detect if this is real gold or not (I would think that most people are not) then there is a very high chance there will be some kind of dispute that the escrow will need to mediate and physical goods are difficult to escrow when both of the parties are not reputable because it is very difficult to tell who is telling the truth and to evaluate how credible evidence that both parties present

why did you ruin my id arbitrarily try to explain, what do you mean

[markj113]

is the cube stamped with the gold purity or just "10g"

[Ashwell John]

I always prefer payment directly than escrow. In escrow there is some problem or hesitation I feel. In this case both of the person needs to be well reputed and faithful.

[bitmarket.io]

lol that's cute but i dunno about the purity

[markj113]

lol that's cute but i dunno about the purity

purity looks to to be .995 -

https://instagram.com/p/y5m2z5HDeG/

[EvBitcoinFan]

lol that's cute but i dunno about the purity

purity looks to to be .995 -

https://instagram.com/p/y5m2z5HDeG/

Correct. I will send first to a trusted member and preferably if you have an active twitter account, we can follow each other there as well during the course of the transaction.

[cyclops]

lol that's cute but i dunno about the purity

purity looks to to be .995 -

https://instagram.com/p/y5m2z5HDeG/

Correct. I will send first to a trusted member and preferably if you have an active twitter account, we can follow each other there as well during the course of the transaction.

I would only buy it, if you split it in half and there is no tungsten inside. That's why now, the safer way of buying gold is getting some coins from a reputable mint (Royal Canadian Mint for example) (although these can also be faked).

[adaseb]

This is the reason why I never bought physical Gold before because there is almost no way to tell if what you received is actually Gold.

[TookDk]

This is the reason why I never bought physical Gold before because there is almost no way to tell if what you received is actually Gold.

If you stick to coins minted by a governmental mint (like cyclops mentioned) and leave aside bars, jewelry and weird cubes, then are there safe methods to test your gold.
But you need experience, so I you don't have that, then stay away from the gold 2nd market.

[cyclops]

This is the reason why I never bought physical Gold before because there is almost no way to tell if what you received is actually Gold.

If you stick to coins minted by a governmental mint (like cyclops mentioned) and leave aside bars, jewelry and weird cubes, then are there safe methods to test your gold.
But you need experience, so I you don't have that, then stay away from the gold 2nd market.

The only problem is when you have to cut the coin in half in order to check that it is not made of tungsten... 

[digicoinuser]

I would at least go to a Jeweler/Gold Buyer for an opinion, they may give you more.   

[TookDk]

The only problem is when you have to cut the coin in half in order to check that it is not made of tungsten...  

If you are going down the destructive route then is a small drill also an option.

There are alternative none-destructive routes (two first will only apply to governmental issued coins):
Ping-test (require experience)
Inspection (require experience)
X-RAY (require experience and equipment)
Ultrasound (require experience and equipment)

[cyclops]

The only problem is when you have to cut the coin in half in order to check that it is not made of tungsten...  

If you are going down the destructive route then is a small drill also an option.

There are alternative none-destructive routes (two first will only apply to governmental issued coins):
Ping-test (require experience)
Inspection (require experience)
X-RAY (require experience and equipment)
Ultrasound (require experience and equipment)

Great to know!

Add the option of just melting it and minting the coin again

[TookDk]

Great to know!

Add the option of just melting it and minting the coin again

Gold is gold, if you have real gold, then can you sell for close to spot price.

I don't know how it works in other countries, but in Denmark/Sweden, then can you send in your scrap gold at many Jeweler stores and get cash back within 2 weeks (as digicoinuser mentioned).
I believe they they just melt it and test the purity. They always discard the stones, so if you have a Jewel with a stone you might as well pick that one out your self.
They take coins as well, but you might as well go to a bullion dealer with your coin, then will you get cash in hand right away.

Some stores might reject you in the door if the metal is not stamped with the purity, I believe that is why Mark asked about that.

[miffman]

Can you not try to get them hallmarked?

[Bobsurplus]

I think it's neat.

Would love to know the purity though.

[snarlpill]

The only problem is when you have to cut the coin in half in order to check that it is not made of tungsten...  

If you are going down the destructive route then is a small drill also an option.

There are alternative none-destructive routes (two first will only apply to governmental issued coins):
Ping-test (require experience)
Inspection (require experience)
X-RAY (require experience and equipment)
Ultrasound (require experience and equipment)

You can also do a specific gravity test in the mostly non-destructive list, though tungsten's specific gravity is close to gold's, so you need a highly accurate scale to be confident. Best used combined with the Ping Test, measurements, weight, etc.

In this case if I were considering buying this gold cube, I would probably contact BitGold and check their credentials and see what they have to say, and ask if they sold/gave one to OP.

[TookDk]

Does anybody (beside OP) have any experience with bitgold.com?
Read the homepage, the concept is great, but for obvious reason is trust an issue if dealing with this company.

[EvBitcoinFan]

Does anybody (beside OP) have any experience with bitgold.com?
Read the homepage, the concept is great, but for obvious reason is trust an issue if dealing with this company.

They are a start up. Maybe reach out to the multiple venture capital companies listed on their website homepage?

[Quickseller]

Does anybody (beside OP) have any experience with bitgold.com?
Read the homepage, the concept is great, but for obvious reason is trust an issue if dealing with this company.

They are a start up. Maybe reach out to the multiple venture capital companies listed on their website homepage?

It sounds like there is a good possibility that you are a shill for bitgold. I am going to speculate that you don't hope that anyone buys from you, but rather you are hoping that people see your thread and decide to buy from bitgold and receive either nothing or a fake.