whats the ingredients in vials or bottles of floating gold leaf?

Hi, i want to find out the exact liquid used in vials or bottles of floating gold leaf. The type sold as novelties in gold rush towns. I have been told that it's a mixture of glycerine and alcohol. If this is correct i would really like to know the mixture ratio used. Thanks

Addition of glycerin could boost floatation of gold leaves.
If you want it for decoration only, you could test out several mixtures of ethanol and glycerin till you`ve got the concentration you like most. The solvents don`t damage the expensive gold flakes, so they can be removed by sieving. Start with 10% glycerin in ethanol/water 90%.

A recipe for liqueur with floating gold leaves:
Goldwasser - zlota woda
Ingredients for 1 litre of liqueur.
35 ml 'Goldwasser Essence'
450 g sugar
25 ml cognac
430 ml alcohol 95%bv
60 g water
'Goldwasser Essence'
5 g star anise
2 g cinnamon
3 g nutmeg
1 g cloves
1 g cardamon
4 g coriander
4 g melissa
4 g peppermint
1 g rosemary
6 g lemon peel
8 g orange peel
500 ml alcohol 55%bv
Dilute 300 ml 95%bv alcohol with 210 ml water, making 500 ml alcohol 55%bv. Place botanicals in a jar, add alcohol and macerate for 2-3 weeks. Strain and keep in a warm place. Add sugar dissolved in the water, to essence. Add cognac and alcohol 95%bv. Add water to make 1 litre and leave for 4-6 months. Filter and add 22 or 24 carat gold flakes.

You see, there is no glycerin used in this one. In some cream-liqueurs glycerin is added as stabilizer.

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