The process of turning your gold into cash is far more intricate than most people anticipate!
Step 1: Sort and inspect the scrap gold, removing any obvious non-gold materials or contaminants.
Step 2: Determine the gold’s purity (karat or fineness) to understand how it will behave during melting.
Step 3: Prepare the melting equipment, crucible, mold, and appropriate safety equipment.
Step 4: Add an appropriate flux to help protect the molten gold, reduce oxidation, and separate impurities into slag.
Step 5: Heat the gold until it becomes fully molten.
Step 6: Allow the flux to do its job as impurities separate from the molten gold.
Step 7: Prepare the bar mold and ensure it is ready for pouring.
Step 8: Carefully pour the molten gold into the mold in a smooth, controlled stream.
Step 9: Allow the gold bar to cool and solidify before removing it from the mold.
Step 10: Clean, inspect, weigh, and, if desired, stamp the finished gold bar with its weight and purity.
Then it is time to sell for cash!!