HOME FAQs BOOKS JOBS: Help Wanted Suggestions you are here: Hotline/Forum => Letter 28795

Gold bug bar / silver bug bar

++++

I am being asked to audit an insurance claim for some losses at a precious metals plating facility. One of the items being claimed is a 55.6 troy ounce "Gold Bug Bar". Another is a 293+ troy ounce "Silver Bug Bar".

The paperwork says "Metal content to be determined and agreed upon by [the plating shop] and [the metal supplier]. Bar to be held by [the plating shop]".

The gold bug bar is associated in the claim with a 55-gallon plating tank.

Now I can understand that a gold content of 1 oz/gal is reasonable for some gold plating solutions, but I admit to having no idea what they are talking about. If anyone is familiar with this kind of terminology, the way the business might be conducted, and what they might possibly be talking about, please clue me in! Thanks.

Ted Mooney, P.E.
finishing.com
Brick, New Jersey

++++

Hi Ted,

The Gold Bug Bar, Silver Bug Bar more than likely refers to the gold & silver recovered from the plating solutions with a "Gold Bug" electrolytic unit. The metal may have been melted and poured into a bar hence the term Gold Bug Bar. See # 4215 as reference to the Gold Bug electrolytic unit.

Best regards,

Jim Sivertsen
Refining & Alloys - Alden, N.Y., U S A

ANSWER or FOLLOW UP POST an unrelated QUESTION HOT Topics

Disclaimer: It is not possible to diagnose a finishing problem or the hazards of an operation via these pages. All information
presented is for general reference and does not represent a professional opinion nor the policy of an author's employer. The
internet is largely anonymous; some names may be fictitious and some recommendations may be deliberately harmful.

If you are seeking a product or service related to metal finishing, please check these Directories: