Gold is selling at premium prices these days and companies that buy scrap gold are popping up every day. Investors identify that now is the time to buy gold coins, gold stock, and even gold jewelry. But what happens to all the scrap and other unwanted gold that people already have? Is there a way to melt it down and repurpose it into something valuable? There sure is, and consumers can actually do this at home rather easily.
If there is not any high-quality scrap gold lying around the house, individuals can purchase it from dealers, antique shops, or trade shows. They should make sure the quality is good because this will influence the value of the new item being made. Anyone who is unsure of how to tell whether a gold piece is valuable should research this topic online.
Once the gold supply is gathered, a soldering tool is used to melt the gold into a form that is semi-pliable. This precious metal can then be flattened or re-formed into something else. The solder tool should be heated to between 710 and 787 degrees Fahrenheit because this will melt the gold into a pliable state. Individuals should use welder’s goggles and not wear any loose or flammable clothing when performing this task.
The gold should be formed as desired while it is still hot and protective gloves should be worn while doing this. If the item is too cool, it must be re-melted and then formed again. However, keep in mind that a large amount of the chemical structure of gold is lost if it is repeatedly heated and cooled. Once the final shape is achieved, the gold should be allowed to cool, harden, and set.
As with many other projects, extreme caution should be exercised when performing this task at home. If the molten gold will be poured into an ingot mold, the individual should use crucible tongs and wear protective gloves. If a gold shot is being made, the gold should be placed in a bucket of water. Whatever the desired result, it will have both sentimental and monetary value.