Gold Standards: Unveiling the Difference Between 22 kt Gold Coin and 24 kt Gold Coin
Safe, smart, and trendy—that's exactly how we can define buying gold coins. However,this low-risk investment option is not just about bling but also offers high returns. 22 carat gold coin price has burgeoned with time, making it one of the best metals to buy and own. Purchasing a gold coin online gives you the liberty to choose from a plethora of varieties, shapes, and sizes. However, if you have a hard time choosing gold coins for gifting or as a personal investment, you might be wondering what sets 22 kt gold coins apart from 24 kt. Let’s explore!
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Elucidating Karat: 22kt and 24kt
Before delving into the distinction between 22kt and 24kt, do you know what karat means? It is a measure of the gold coin’s purity, gauged from 0 to 24 scales.In its purest form, gold is soft. However, other metals, namely copper, silver, etc., are moulded into gold to make it sturdy. Therefore, karat is also a measure of the ratio between these metals, i.e., gold and copper, silver, nickel, etc. Gold coin’s purity is measured in two parameters: fineness and Karat (ct or k).
The purity of gold is gauged mostly in Karat. 22 kt gold coin comprises 22 parts of gold and alloyed metals such as silver, copper, and zinc. This makes it highly durable, as it is moulded with silver, copper, and zinc. Whereas, a 24 kt gold coin comprises 24 parts of gold without moulding any other metals. 24kt gold is characterised by its dazzling brilliance and bright yellow colour.
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The Finer Details of Gold Coin Purity-Fineness
Fineness is another way to measure its purity. It is nothing but the gold weights proportional to the total weight, comprising other metals. When comparing 22kt and 24kt gold coins, the former is 91.67% pure, whereas the latter is 99.9% pure. When it comes to pricing, 22 carat gold coin price will vary based on many aspects, such as weight, size, design, and more.
The Hallmark Check—A Must-Do You Shouldn’t Miss
Besides purity, you should see whether it’s hallmarked when shopping. BIS, a regulatory body, certifies the purity of gold with a unique stamp on every 24 and 22 kt gold coin, etched in gold through stamping or laser etching. It is a sure-shot way to ensure the authenticity of your gold coin and the trueness of the claims of the coin’s purity as proclaimed by the manufacturer. The stamp on gold identifies the purity grade, logo, and hallmarking year.
Shop Precious Artefacts in the Form of 22 kt Gold Coin From Jos Alukkas
Make a safe and profitable investment from the most trusted jeweller in India—Jos Alukkas! Whether you have a penchant for patriotic, ornamental designs, or motifs, you’ll find alluring designs with us! No matter the purity of gold coins you’re looking for, you’ll want to shop for gold coins available in 22kt and 24kt at Jos Alukkas, starting at as low as 1 gram! Have you checked out the exquisite gold coin collection online at Jos Alukkas yet?
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Discover a 24 or 22 kt gold coin at unbeatable prices without any hidden costs.
November 18, 2023