Postal Gold Blog – Everything About GoldEverything and anything you ever wanted to know about this unique and coveted precious metal.

The Egyptian Museum in Cairo houses one of the most famous archaeological artefacts in the world – one whose image has come to represent the spectacular world of ancient Egypt.  This artefact is the golden mask that weighs 10.23 kilograms, once used to decorate the mummified corpse of the boy-king of Egypt, King Tutankhamun.

Postal Gold -Tutankhamun

King Tutankhamun took the throne when he was nine of ten years old, in the year 1333 BC.  He reigned only for a short time, dying when he was eighteen.  It is not yet known what caused his death, but scientists have concluded that he had the malaria virus in his system at his death, and was also suffering from an infection in his leg.

He is thought to have had other health problems due to the fact that his family line consisted of many incestuous unions, since it was traditional for rulers to marry their sisters or half-sisters.  King Tutankhamun was also married to his half-sister, and their union produced two stillborn children who were also buried in his tomb.

Tutankhamun’s grave was discovered in the Valley of the Kings by Howard Carter in 1922.  It was one of the most undisturbed ancient Egyptian burial places, because it had been obscured by mounds of stone chippings, keeping it safe from grave robbers over the centuries before it was re-discovered.

He was buried in true royal style, in a layer of gold-plated wood coffins revealing a coffin of solid gold at the inner core.  When the gold coffin was opened, the archaeological team found his death mask, an amazing and elaborate artwork, even more impressive when considering the limited technology available to the ancient Egyptians.

The mask is created from two beaten and burnished sheets of gold, and scientists that studied the mummified skull have concluded that the mask is similar in appearance to what the boy-king would have looked like (although somewhat idealised, as representations of the rich and famous often are!).  He is depicted wearing the royal nemes headdress, which has stripes made of blue glass, meant to imitate lapis lazuli, a stone that was thought to bring luck.  The brow of the mask has the heads of a vulture and a cobra side by side, representing sovereignty over Upper Egypt and Lower Egypt respectively.  The eyes are lined with real lapis lazuli, as are the eyebrows.

The priceless golden mask of Tutankhamun has been displayed in different countries, inspiring awe in museum visitors world-wide, but in 1980 it was decided that the artefact would remain at the Egyptian Museum, since it was considered too fragile and precious.  It definitely is strikingly beautiful, and we agree that it is one of the most priceless treasures of antiquity.  While we at Postal Gold are more than happy to melt and recycle old scrap gold, this is one gold item we hope remains intact for at least a few more centuries!

 

 

Gold is and always has been in high demand, and gold mining is as profitable as ever.  But how much of this precious metal have we already extracted from the earth?


 

Postal Gold - Gold coins

Image by Lawrence OP

 

According to the website of World Gold Council, the total amount of gold that has been mined is approximately 150,000 tonnes. If we gathered all of this in one place, it would fit in a cube measuring nineteen metres on each side, or  in an area almost as large as a tennis court.  It is estimated that 75 percent of this gold has been mined since 1910.

About a quarter of this gold is owned by the world’s central banks.  USA owns the largest amount of gold, approximately 8,139 tonnes.  Germany and the IMF both own about half as much as USA.  China has declared its intention to increase its gold reserves in the next ten years, and hope to own more than 10,000 tonnes.  India also owns a lot of gold, and has purchased hundreds of tonnes from the IMF.

However, individuals own more gold than governments do.  Of the 150,000 tonnes in existence, about 100,000 tonnes is the property of private individuals.  India has the largest amount of privately owned gold – about 25,000 tonnes – three times that of the US government!

So how much gold remains below the surface of the earth, waiting to be mined?  According to various estimates, there are between 20,000 and 50,000 tonnes of gold left for us to excavate from the earth, and most of this is found in South Africa.

Luckily, there is still much scrap gold for us to recycle and turn into new gold items.  Old jewellery, dental gold and gold found in electronic devices can be melted and re-used.  If you are looking for gold buyers to buy gold that you no longer need, Postal Gold’s website is only a click away!

 

 

Postal Gold - Gold Teeth on Woman

Photo by babasteve


Gold is one of the most durable metals that exists, and it has been used in dentistry for thousands of years.  Archaeologists who explored an ancient tomb in Giza found two teeth that had been tied together with gold thread.  The tomb dates back to the third millennium BC, and a number of historians believe that this is proof that gold was used in dentristy in Ancient Egypt.  Archaeologists have also found gold molars that are over four thousand years old.  In China, people of high social standing used gold leaf to decorate the teeth – much like the dental “bling” sported by many famous rappers in this day!

Whether dental gold is being used for decorative purposes or out of necessity, gold is arguably the best material to make replacement teeth with.  Gold is highly malleable, which means that it is easy to mould it into a shape which fits the mouth perfectly.  In addition, gold is very durable, and gold teeth do not break as easily as other fillings.  Gold teeth generally last about twenty years, sometimes much longer.  Dental gold has a very smooth surface, and is therefore easy to clean.  The gold is also gentle to the opposing teeth, just like your own natural teeth.

24-carat gold is too soft to use as dental gold, so other metals such as nickel, silver, copper and platinum are alloyed with the gold.  The most common type of gold used in dentistry is 18-carat gold.

Gold teeth used to be a symbol of high status, because gold was expensive to use in dentistry.  You paid not only for the gold itself, but for the methods used to insert the gold tooth.   Nowadays, the methods of inserting fillings are more advanced and also less costly, so gold teeth are not as expensive as they once were.  It is no longer a symbol of status, and people prefer instead to have fillings that look as natural as possible, made from materials such as porcelain, ceramics and amalgam.

But gold is still a popular choice – and not only among rappers – because gold allergies are very rare, especially compared to allergies to other materials, such as the mercury used in amalgam.  Gold is often used for fillings that are not as visible, especially in molars.

Gold teeth used to be an investment – even if a person’s whole fortune was lost, they still had their gold in a safe place!  These days, people tend to prefer to invest in shares, but if you have dental gold that you no longer need, don’t hesitate to send it to Postal Gold.  The Postal Gold tooth-fairy will help you turn your gold teeth into real money – although in this case it won’t appear under your pillow!

off A Few Gold Facts

admin to Postal Gold  

Gold is a metal that has been of high importance in many societies throughout history. This precious and unique material has always been in high demand, and is so even today. Not only is it beautiful, it is also one of the most resistant metals. It won’t tarnish, it won’t change colour, crumble, or be affected by most solvents. All of this adds to the uniqueness of this mineral.

The perception of gold has changed fundamentally in the past ten years.

Gold powers the internet. It underpins our economy. It is the bedrock of a portfolio. It is the catalyst for future revolutions in science. It expresses love in many languages. And it carries memories across a variety of generations and cultures.

Central banks in India and China are looking to increase their holdings of gold. Gold prices have been rising because of continued concerns over Europe’s debt crisis. Growing demand for gold jewellery in developing economies is also helping to raise the price of gold.

We are seeing an explosion of interest in the use of gold in science and technology also exciting breakthroughs are occurring regularly within some of the world’s leading academic and industrial institutions, like cutting-edge therapeutics, novel diagnostics, new antimicrobials, improved catalysts, cleaner air, water purification, energy efficiency and advanced consumer electronics just to name a few. The many valuable properties of gold mean that its technological applications are all around us, right now, from the automotive industry, to electronics, medicine, nanotechnology, space and even engineering.

Gold will play an even more pivotal role in the development of new technologies central to man’s progress.

off Golden Service

admin to Postal Gold  

It is definitely a sign that you have money, when unlike the rest of the world that would go to a cash machine to get some money; you go to the cash machine to get a gold bar instead!  This is the case for the people of Dubai, where not long ago opened the first ever gold ATM.  You can go and put your card in this magical machine, and it automatically gets the gold rate and in exchange and will throw out a gold bar to you.  This service must be aimed at the people that have far too much money!

Gold really is a great investment.  Whether you have a piece of jewellery, a golden antique, or a gold bar (that you’ve picked up from your local ATM machine) it all holds great value.   This value means security for a lot of people, and if there are times in life where you need that extra financial help you can always know that your gold holds value to help.

When using the Postal Gold service, we know that it is a great way for people to make money.  The service may be used because like most people we have old broken pieces of gold around the house, and think that we might as well make some money if it’s just going to sit there.  Some people are saving up for something special and with the money that they get from their old gold they can put to a good cause.  There are also people that may be in a time of need financially and the money that is received from their gold makes a huge difference.  Whatever your reasons, it is a very simple, secure service to use.  If you want to make some extra cash, order a free Gold Kit from www.postalgold.com.

off Gold Changed the World!

admin to Postal Gold  

Ever wondered why gold is so expensive?  Gold is currently high in value and always has been because there actually isn’t that much of it around and there has always been such a huge demand for it.  As much as it is easy to think that gold is everywhere, if all the gold mined on earth was distributed equally to the 6+ Billion people on this planet, each person would only have 20 – 25 Grams.

There was a time where to some populations, gold seemed to be everywhere.  These times were called, The Gold Rush.  Most of the gold rushes were in the 19th century in countries such as Brazil, Canada, South Africa, and the United States, while smaller gold rushes took place in other parts of the world.

Gold rushes around the globe changed history.  Gold Rushes meant that it gave anybody the opportunity to become rich if they discovered enough gold.  This of course meant that people wanted to follow where the money was, which then caused huge amounts of immigration.

Who knows what the world would be like today if there was no such thing as gold?

off Missing Gold!

admin to Postal Gold  

Not for the first time, but today we received a call from a customer enquiring about gold that had been burgled from their house.  This is something that we need to deal with at times.  What was explained to this customer is that we have many security measures in place to prevent stolen items being sent to us.  Firstly we work with the Police all over the country and provide any information that they need if they are investigating a stolen gold case.  We also request certain documents from particular customer, if a payment is for a high value, or if a customer continues to send gold.  Many of our customers appreciate the procedures that we have in place to make sure that our service is being used correctly.  We understand that it must be horrible if items have been taken from you and this is something that we will always do our best to stop.  We are always happy to explain all steps of the Postal Gold process to anyone, and all of our Customer Service Agents are a friendly bunch and are happy to answer any questions or queries that they may have as one of our priorities is making sure that people feel confident and secure when using Postal Gold.

 

off Appearance of Gold

admin to Gold — Tags: , ,  

As many other chemistry elements, the gold appeared in nature due to a nuclear fusion. When the solar system was formed, 15 billion years ago, kernels of the atoms hydrogen and helium, the simplest elements, have combined in the highest temperatures, originating complex elements like gold. In planet heart the gold appeared in the form of atoms that were hosted by structures of other minerals. But the amount is very small. To give an idea: at the planet’s surface, only 5 in each billion of atoms are gold. Gold deposits appeared millions of years ago due to geological processes which modified heart’s surface. As result, nowadays we can find and extract gold from subterranean mines (up to 1,5km depth), very near the surface (50m) or even from a river. When a rock containing gold is found, it must go through a special chemical treatment so it’s possible to separate gold from the other elements.
In order to find new gold deposits, geologists need several sorts of information: satellite images, geological cracks, the presence of certain minerals and rocks which may indicate the presence of a deposit. Then is necessary to collect geographical information of the region, rocks, soil and sediments samples which may contain the metal.


The Gold is a symbol of beauty, richness and prosperity. It is a Metal that is traded all over the world in huge quantities in the stocks market. It is easy to craft in necklaces or plaques because it is malleable and ductile.
The Gold can be used in several alloys, especially with copper (yellow gold) and nickel (white gold), platinum and palladium which are used for crafting jewels.
Gold properties:
Atomic number: 79
Atomic weight: 196.967
Melting point: 1063ºC
Boiling Point: 2.966º C
Density: 19,3 (20º C)
Oxidation states: +1, +3
Electronic Configuration: (Xe)4f145d106s1
Chemical Reactions with Gold:
The gold was always a richness symbol due to his lack of abundance in nature and because is practically stainless and inalterable by chemical agents. The gold is affected by few substances. One of those is royal water, iodic acid and selenic acid. Gaseous oxygen, even when in high temperatures, can’t oxidize the metal that conserves its characteristic shine for a long time.

Wow, two years since the birth of Postal Gold. Where does the time go? Initially starting with one customer service agent looking after the first few UK customers, and then a couple of years down the line we have a office, full of Customer Service Agents coming from all over Europe bringing life and energy into the office. Postal Gold now stands with markets in 14 different Countries! We can now proudly say hello to Postal Gold UK and Ireland. Postal Gold Sweden, OrPostal for France, Postal Gold Denmark, OroPostal for Spain, OuroPostal for Portugal, BriefGold for Germany and Austria, Postal Gold Netherlands and Belgium, Zlotyzysk for Poland, PostiKulta for Finland and OroPostale for Italy. What a wonderful opportunity it is for everyone to work together, exchanging stories and cultures each and every day. As Postal Gold hopes to grow in the coming months and years we will hope to be in many more countries. The next country that we will help turn their gold into cash will be Norway. As we have covered the majority of the Nordics, there will be plenty of support for this new up and coming market, and we will all put a sprinkle of magic gold dust on it hoping that Norway will be just as successful as all the other countries that Postal Gold has covered.