[Jewelry making - Article 00009] - Re: [Orchid] Buying gold coins

[Don Rogers]

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    Kevin, this is a good idea if what you want to do is make an apple
    pie from a basket of peaches. 

    The gold coins run from about 9825% to 99.95% fine gold if my memory
    serves my correctly.  Most all jewelry is either 14K or 18K gold,
    meaning that it is  either 52.5% or 75% fine gold.  You would have
    to alloy a coin down to the correct karat content and as you are not
    really sure what the fineness of the coins are, or what the non gold
    content is in the coins, you stand the chance of  creating a great
    deal of scrap gold at a high cost.  If you wish to alloy your own
    gold, then purchase the fine gold and the alloy mix from a reputable
    dealer, IE Stullers, Rio Grande, Swest, Hoover & Strong, or others.
    The same suppliers give you a wide selection of rolling or casting
    grain as well as sheet and wire products.  It is in your best
    interest to gain the experience with a known medium and then make
    the decision to do your own alloying after you know what results to
    expect. 

    The switch from silver to gold is a normal progression for
    craftsman.  It is not without challenges though.  In the end, I
    think you will like working with gold better than silver.  At least
    is pays for your time better. 

Don Rogers

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