What is Welsh Gold and why Does it Matter?

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In the world of precious metals, there have been a lot of interesting concepts. One such concept is Welsh gold, widely considered to be the rarest of all bullions in the world. Even today, it is still talked about on a regular basis. 

Why Welsh Gold?

As the name suggests, Welsh gold is primarily mined in Wales. Contrary to what most people may expect, Wales has been home to gold mining for centuries. However, it took until the 20th century until Wales was officially recognized as a major bullion producer. A bit odd, considering how the last “big” Welsh gold mine closed down in 1999. 

At the same time, there are still a few mining operations actively digging up gold in Wales. All of them have been home to mining activity for some time, yet it remains unclear if there is much ore left to be extracted. Even today, people can still pan small aunts from the rivers near Dolgellau, which is rather interesting. 

Unfortunately, it seems unlikely the concept of Welsh gold will be rekindled in terms of production. New environmental restrictions have made it night impossible to create a larg-escale mining operation in the country. As far as prior mines being reopened, those chances are virtually zero as well. 

Some Interesting Trivia

Due to the allure of being the “rares type of gold”, it is also very difficult to buy Welsh gold on the market. It is not uncommon to find blends with other gold bullion, but finding it in a 100% pure fashion is almost impossible. Very few people effectively have any Welsh gold left, and they are unlikely to part with it in the future. 

Spotting Welsh gold in the wild can often be done by looking at its color. More specifically, it has a color scheme that ranges from yellow-white to common yellow. It is equally possible to see it in rose gold form, due to the addition of copper. However, those who want real purity should be on the lookout for yellow-white hues. 

For those who prefer seeing Welsh gold up close and personal without buying it, taking a closer look at royal jewelry may offer a glimpse. More specifically, the bullion is often used for royal wedding rings, and can be found in several Crown jewels too. If these jewels are ever on display somewhat, the hunt for authentic pure Welsh gold can begin.

Conclusion

There is a lot of appeal as far as Welsh gold is concerned. Unfortunately, it is nigh impossible to obtain it, even for collectors. That doesn’t make it less valuable, but all the more difficult to find it anywhere in the wild. If panning roger gold near Dolgellau is not on the list of possibilities, one may never get a close up look of this rare precious metal.

Hoping to see minors such as Gwynfynydd reopen is also somewhat foolish. Despite running until 1998 and producing over 45,000 troy ounces in the process, it will not be opened anytime soon. The environment needs to be protected at all costs, regardless of how rare Welsh gold may prove to be. 

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