capt dom
Hero Member
They say, "Only technology changes - People remain the same". Enterprising individuals very well may have gone to lengths to beat the system by making silver and golden nails or spikes.
A way some folks make them today is to take an E.O. of a spike whose iron has decomposed to the point where it is ferris oxside or like dust. They drill the e.o. and then use it as a casting mold. A dead give-a-away for this is when you see the raised grain of decomposing iron cast into the silver or gold spike or nail!
Multiples to bullion value is the major reason why some scoundrels (I like that word) have resorted to this in the past. The silver may well be from old silver ingots found but not too many folks wish to pay a high multiple of bullion value when something weighs in at 50 to 80 pounds! Now... a one or 3 ounce spike at say 10 times bullion value... Opportunity cost can drive enterprising people in many directions.
Now I am not pointing the finger at anyone but silver and gold do not decomose as as iron does - so look for that grain and you may have found an interesting creation!
That is not to say it isn't old. counterifitiing is not a new idea... One could build a bridge across the ocean if they put all the relics together that are suppose to be splinters to Jesus's cross!
Capt Dom
A way some folks make them today is to take an E.O. of a spike whose iron has decomposed to the point where it is ferris oxside or like dust. They drill the e.o. and then use it as a casting mold. A dead give-a-away for this is when you see the raised grain of decomposing iron cast into the silver or gold spike or nail!
Multiples to bullion value is the major reason why some scoundrels (I like that word) have resorted to this in the past. The silver may well be from old silver ingots found but not too many folks wish to pay a high multiple of bullion value when something weighs in at 50 to 80 pounds! Now... a one or 3 ounce spike at say 10 times bullion value... Opportunity cost can drive enterprising people in many directions.
Now I am not pointing the finger at anyone but silver and gold do not decomose as as iron does - so look for that grain and you may have found an interesting creation!
That is not to say it isn't old. counterifitiing is not a new idea... One could build a bridge across the ocean if they put all the relics together that are suppose to be splinters to Jesus's cross!
Capt Dom
