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Here is an article in the Buffalo News which describes the origin of the phrase 'acid test' in relation to people selling their old gold jewelry to jewelers. There is a lot of this going on, as the price of gold is so high, and people in financial hardship because of the recession are often looking to raise some quick cash. People sometimes wonder what is best to buy as an investment, gold jewelry or gold coins. The article above answers that question, because the jewelers quoted say that 'an individual selling gold cannot expect to be paid 100 percent of its value'. Actually, an individual selling any gold coin on an auction site like eBay does expect to get 100 percent of its value, and a bit more too, and they do, every day. So, when you eventually come to sell your gold, what would you rather have?
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