Category: General

What does K mean on gold?

How many karats is pure gold? Pure gold is 24 karat, meaning that 24 out of 24 parts of the metal are gold. Although the terms sound familiar, the karat (...

Is it legal to melt down silver?

Melting silver As part of the UK Coinage Act 1971, it is illegal to melt any British legal tender, bullion or circulation currency. Although silver has no...

What is an ingot used for?

Ingot, mass of metal cast into a size and shape such as a bar, plate, or sheet convenient to store, transport, and work into a semifinished or finished pr...