August 2, 2003

Iraqi loot: gold haul brass

Gold-colored bars seized by American troops in Iraq appear to be melted-down shell casings made mostly of copper, rather than gold, according to a report obtained today.

The United States military announced the discovery of truckloads of gold-colored bars in May. One haul was estimated to be worth as much as $500 million. Another was estimated at $100 million, though the driver of the truck said at the time the bars were actually copper.

From Reuters, via the NY Times. The actual contents of the bars likely were known pretty quickly -- any jeweler should have been able to tell right away.

Posted by David on August 2, 2003 1:29 PM

Comments

Some brass alloys look very much like some gold alloys. (But it's easy to measure the density of a bar of metal, and gold is very heavy - so while a jeweler might not be able to tell at a glance, you're right that it should have been easy to figure out almost immediately whether they were actually gold or not.)

Posted by: jaed on August 3, 2003 1:02 AM

You are quite right about the possibility of confusion by appearance in the case of alloy gold; nonetheless, if the ingots had been gold stolen from the central bank, they surely would have been .999 -- not to be confused with brass by appearance or weight!

And any jeweler, pawnbroker, or antique dealer would be equipped to do an acid test on the spot -- about as low-tech as it gets.

Posted by: David on August 3, 2003 10:02 AM

We have a really nice comstructed antique heavy chain with medal, marked 18k. But we doubt that they are brass through its color and look. Do you think a brass item can be fraudly marked 18k to fool people? Has anyone of you ever seen or heard something brass but marked like gold ? All comments are appreciated.

Pee Vee

Posted by: Pee Vee on March 15, 2004 2:40 PM
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