100 Mills .999 Fine Gold

Troy Ounce 100 Mills 999 24k Gold Clad Usa Statue Of Liberty Limited Edition Bullion Bar

This beautiful 1 Troy Ounce 100 Mills .999 24K Gold Clad USA Statue Of Liberty Limited Edition Bullion Bar comes encapsulated in an acrylic display case. This is a limited edition piece.

Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.

This item is being shipped from the Pristine Auction warehouse.

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Mills Gold Plated Bar

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Sizes of wholesale 100 mills gold plated bar available can vary from small one-person tables to very large tables capable of seating large numbers of people. Unlike traditional tables, bar table sets are designed to support different preferences of customers: they can either be very high or low, based on their placement within the bar. Wholesale outdoor bar tables are a fast-selling and popular line of bar tables. Buy this popular product in bulk today at Alibaba.com.
Wholesale 100 mills gold plated bar create atmosphere and ambiance at bars, which is important for retaining customers. The vintage design of some table and bar stools make them good fits for gentlemen's clubs, luxury bars, hotel lobby bars, and many more establishments. Alternatively, for tables that can be used in commercial coffee shops, malls, and also in office coffee rooms, choose wholesale coffee bar tables. No matter your customer preferences, find good deals on wholesale 100 mills gold plated bar, including wholesale high-top tables and chairs at Alibaba.com.
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Troy Ounce 999 24k 100 Mills Gold Clad Buffalo Commemorative Limited Edition Bullion Bar

This beautiful 1 Troy Ounce .999 24K 100 Mills Gold Clad Bufalo Commemorative Limited Edition Bullion Bar comes encapsulated in an acrylic display case as shown. This is a limited edition piece. The piece has a beautiful proof-like mirror finish.

Due to the uniqueness of each item, please refer to the photos provided in this auction. We offer high resolution images of each item rather than a written description of condition.

This item is being shipped from the Pristine Auction warehouse.

A 17% buyer’s premium will be added to the total at the checkout process.

By placing a bid, you agree to abide by all Pristine Auction policies.

Issue second chance offers for AC-117689

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Why Is Fine Gold Used In Bullion

Fine gold is a popular bullion material, because its so valuable. As the gold has little to no impurities, theres nothing in the metal to drive down its price. Because the metal is nearly 100% pure, it can also be more directly associated with the current gold spot price, making it easier to derive a value on the market.

Bullion is also not handled as much as jewelry and other items made with less pure gold, so its softness is not an issue. Some gold suppliers actually store gold for their clients, who never actually physically lay their hands on the bullion. Investors and collectors who prefer to keep their bullion close by are still aware of the fragility of the material and rarely touch their pieces.

An understanding of fine gold, including the way its made and used, can help investors and collectors make more informed buying decisions. Browse JM Bullions wide selection of fine gold bullion, and find the perfect fine gold piece for your collection or portfolio today.

Purities Of Fine Gold

There is some leeway regarding what constitutes fine gold. As 100% pure gold is virtually impossible to achieve, the purest type of gold currently commercially available is 999.99. This is sometimes referred to as five nines fine. The Royal Canadian Mint regularly produces commemorative coins from this fine gold.

Just below this is 999.9, or four nines fine. American Buffalo and Canadian Gold Maple Leaf coins are made from this fine gold.

Most commonly, fine gold is 999. This is the gold most commonly referred to as 24 karat gold, although technically 24 karat gold is 100% pure. However, as this is difficult to achieve outside of a lab environment, 999 gold is generally considered close enough. Gold manufacturers are legally allowed a half-karat tolerance in making gold products. Fine gold of this standard is also known as three nines fine. Its seen in Chinese Panda coins, for example.

Below this is 995, the minimum amount allowed in Good Delivery gold bars. Two nines fine, or 990, is rarely seen, but still technically a type of fine gold. Beneath this is 986, also known as Ducat fineness. It is seen in historic coins hailing from Venetian and Holy Roman Empire mints, as well as modern Austrian and Hungarian coins.

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What Is ‘mills Silver’

A slightly longer answer is that these are fake silver bars, made of a base metal , and have silver electroplated on them. We estimate that there is less than $.05 worth of silver on each one.

‘Mills Silver’ is a term apparently made up by the CMC Mint . ‘Mil’ is a term used to indicate a thickness of silver/gold plating. Until February, 2010 we had not heard of the term ‘mills silver’. At that time, though, the CMC Mint started mass producing many different bars of a base metal and labelling them “.100 MILLS .999 FINE SILVER – 1 TROY OZ” or “.100 Mills.999 Fine Silver – 1 Troy Oz Ounce” or “1 OZ .100 MILLS.999 FINE SILVER” or “100 MILLS FINE SILVER – 1 OZ TROY” or “100 mills .999 Fine Silver – 1 Oz Troy” or “1 Troy oz – 100 mills – 999 Silver” .

The term ‘mil’ when electroplating silver refers to 1/1000″. The items marked ‘100 mills’, if referring to ‘mils’, would be 1/10″ thick on each side — yet a standard real silver bar is 91 mils thick . Clearly, these are not electroplated with 100 mils of silver, or they would really contain about 2 ounces of silver, and the company would quickly go out of business. Therefore, the ones marked ‘.100 mills’ probably mean ‘.100 mils’, or 1/10,000″. That is 1/910th the thickness of a standard silver bar, and multiplied by 2 is 1/455th the thickness of a standard silver bar. That’s about 0.22% silver, or 22 parts silver per 978 parts of lead/copper/whatever. Or a value of less than $.05 even with silver at $20/ounce.

Process Of Producing Fine Gold

Fine gold production begins with gold prospecting. Scientists search for areas where gold is highly concentrated. They obtain samples, which are analyzed for their gold content. If the gold is pure enough, mining commences. Miners may use open-pit techniques, underground mining methods, or pan for the gold, depending on where the deposits are located.

Once the gold-bearing rock is obtained, the gold must be extracted from it. The rock is broken down into small pieces before being ground down to a fine powder or slurry. This is thickened with water and run through leaching tanks. The gold adheres to small carbon grains introduced to the tanks and is filtered from the ore. The carbon is then separated from the gold using a hot, caustic solution.

The gold solution is then ready for electrowinning, a process that extracts the gold from the leaching chemicals. The solution is poured into a cell, where it receives a strong electrical current. The gold gathers on the cells negative terminals.

The negative terminals are melted at around 2,100 degrees Fahrenheit in a process known as smelting. A chemical mix, known as flux, is then added to the molten material. The flux helps separate the gold from the metal used to make the negative terminals. The flux is poured off, followed by the almost-pure gold, which is set in molds. The resulting gold bars, known as dore bars, are then sent to refineries for further processing.

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Free: 1 Troy Ounce 100 Mills 999 Fine Gold Buffalo Art

This 1 Troy Ounce 100 Mills .999 Fine Gold Bar is a must have for any collection. It comes complete in a plastic case for protection and is in brilliant Un- circulated condition. With a Buffalo on both obverse and reverse it’s is a perfect example of the begining years in American History.

Mills 999 Fine Gold Worth

Gold Bar 1 Ounce ‘American Buffalo’ 100 MILLS .999 24k 1 oz Fine Bullion… Gold Bar ‘south Africa’ 100 mills.999 Fine Bullion 1 Troy Ounce low reserve $41.0 the shape of gold bars and gold coins which are completely plated up from gold and that little coin or the bar carries very much worth just because it is made up of gold that’s why only.

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What Is Considered Fine Gold

Fine gold is gold that is almost pure. Its purity is typically graded using a scale of millesimal fineness. This denotes the number of parts per thousand of pure metal in the alloy, according to its mass. This fineness is generally rounded to a three-figure number, with decimal places to follow where appropriate, especially where its used as a hallmark. For example, a fine gold piece which contains 99.9 percent gold would be labelled 999 or .999.

Note that the term fine gold, when it is not accompanied by a number, may be used to denote small flakes of gold or gold dust. These small gold particles receive this term because they are fine enough to pass through a sieve.

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