Is Welsh gold more valuable?

Is Welsh gold more valuable?

A historical photo of Mount Morgan gold mine near Dolgelly, North Wales. With no gold being mined, Welsh gold is incredibly expensive and gold from the famous mines can attract a price at auction of up to 30 times the value of standard gold!

How do you identify Welsh gold?

The Welsh Maiden mark is the internationally recognized indicator of authentic pure Welsh gold. Formerly used by the Gwynfynydd gold mine, Aur Cymru Limited is now the exclusive owner of the Welsh Maiden trademark and Welsh Maiden Assay Office mark. We only use the Welsh Maiden mark on items unblended with other golds.

What is the hallmark for Welsh gold?

The Wales Charm is fashioned in lustrous 9ct rose gold and features laser hallmarking. The ‘CG’ is Clogau’s unique sponsor mark, ‘375’ signifies the item is 9ct gold, the castle is the Edinburgh Assay Office mark and the Welsh Dragon indicates the content of rare Welsh gold.

What’s the difference between Welsh gold and normal gold?

Welsh gold looks exactly the same as any other gold, but it is very rare and stocks will soon be exhausted. That makes it valuable, also it costs more to mine than other gold. 2) Wages are higher in the UK than in many other countries where gold is mined. 3) Most mining took place in the Snowdonia National Park.

What is so special about Welsh gold?

Welsh gold is gold that occurs naturally in two distinct areas of Wales and highly prized because of its origin and scarcity. This was mined at several mines, the largest of which were the Gwynfynydd Gold Mine, near Ganllwyd, and the Clogau Gold Mine near Bontddu.

How much is Welsh gold Clogau?

How much is Welsh gold worth? At present, Welsh gold can be valued up to 30 times more than standard world gold. On 28th November 2017, 10 lots of Clogau gold, mined under government lease between 1979 and 1981, were expected to fetch about £9,000.

Is clogau gold pure?

The British Royal Family has been using pure Welsh gold to create their wedding rings since 1923. With rare Welsh gold contained within each piece of Clogau jewellery, it is some of the most exclusive jewellery in the world.

Why is Welsh gold so rare?

Today, Welsh gold is scarcer than it has ever been. When mining took place at the Clogau St. David’s Gold Mine in the late 1990s it used to cost over £1000 an ounce to extract. With no gold mining taking place in Wales today, Welsh gold supplies may eventually run out, making it possibly the rarest gold in the world.

Is Clogau Welsh gold?

Every piece of Clogau jewellery contains rare Welsh gold as used by some members of the British Royal Family for over 100 years.