how to spot fake silver bars
Hello guys, Last week I received a package from a trustable Dutch Bullion dealer (what I avoid to say the name for now as I am in negotiations with them about this), On that packages I received 30 1 0z Silver coins,1 swiss Pamp gold bar 1 0z and a Perth mint also 1 ⦠The magnet should slide slowly down the face of the bar. Continue reading at 'All About Silver' Related: How to Spot a Fake Gold Bar With Ultrasound; Fake Gold Bars In Fort Knox - Bob Chapman Implicates Robert Rubin & Larry Summers This video shows a fake 1 oz gold bar and then goes into the details of what consumers can do to help to verify authenticity. Learning how to spot these frauds was an important step in my education of becoming a wise businessman in currency and precious metals. JobIII, Sep 4, 2014 #1 + Quote Reply. Here we have compared the first generation counterfeit Silvertowne bar to three known versions of genuine Silvertowne bars. Bronze silver and gold plated counterfeits are more commonplace⦠while hollowed out bars have been sold as recent as 2012 in New Yorkâs famous diamond district. Fake bars can be harder to spot this way. 06:17. And they are selling every single one they list - its not like one gets sold here and there. Posted by 6 years ago. Tue, Feb 22, 2011 - 01:36am #9. jrf29. In the past we have written about fake gold bars and how investors can identify the authenticity of Gold and Silver bullion. Here's a video shared by ozcopper showing some fake Silver bars: Unfortunately there are many items sold (particularly on auction sites like eBay) which are not real Gold/Silver and should be avoided at all costs. 04:06. Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. Genuine Version #1. Notable Differences. 1984 1oz Silver Prospector: This is a more realistic fake than the one above (although thi @ @ ts that can fake industry-standard silver alloys. It is the same storyâ¦listed on Craigslistâ¦inherited and selling well below spot. unless you are an expert or have consulted an expert. Another buyer messaged me when he saw I'd bought a couple & told me they were gonna NOT pass the "ping" test. Back then, members could contact members w/o needing to go thru eBay's "Ask for contact info." Not just through fake gold bars or banknotes, but through other methods such as fake checks, and using foreign pennies that had the same size and dimensions as dimes in turnstiles in the US. There are a number of ways to spot these fake bars. The downside to this is, of course, that youâll lose any numismatic value in that coin if it is real and you tarnish the surface with bleach. Had a fake Perth Mint bill of sale. YouTube Playlist on How to Spot Fake Silver (Morgans and filled bars) April 17, 2012 by SchiffGold 0 0. Who would have known that someone would take the time to arrange a slew of videos that can help you learn how to spot fake silver. Most pieces of real gold, including coins, bars and jewelry, should have a stamp that shows the purity of the gold. While it weighed 1 troy oz, you can see here that its size was closer to a silver bar than a gold bar. The text on the front of the bar is thinner on the counterfeit. No palladium at all. 13. Buffalo Replicas are a popular recognizable design and at the 5 Ounce Bar Sizes premiums are lower. The counterfeit is missing a small ⦠Two people living in Ocean View, Delaware were arrested this week for selling over 38000.00 in fake gold bars. If the piece is real gold, the stamp should bear a manufacturerâs mark and a karat marking, such as 14K or 24K. Many one ounce silver bars sold for over a hundred dollars when silver was only $5.00. In a moment we will look at ways that you can test your gold to determine if it is real, but you can also simply look at it, searching for specific marks and stamps. Hopefully this video will help people spot fake bullion, before buying them. Also, each alloy makes a certain type of sound when you flip it up in the air or move it around. Older silver bars were poured into a mold to produce a loaf shape. If you are even remotely suspicious about a Kangaroo Minted Gold Bar seen advertised for sale, our advice is to leave it well alone however tempting the asking price â there is no-knowing what the actual bar is made of! A danger with silver, however, is in fakes. JobIII Active Member. Fake gold may bear a karat mark, but will not have a manufacturerâs mark. They know how heavy a silver bar is supposed to be for a certain size, and would quickly notice the difference in weight or size. Free Shipping! How to Test for Fake Gold and Silver. These fake silver bars make up 17 of their 20 active listings currently. Fake ---> A quick guide for 1oz Sunshine Mint Silver Eagle Bars. Please Share this Image On Your Site Also make sure to view the instructional video below, which explains each test in greater detail and shows actual testing of a real vs. fake American Silver Eagle coin. How to Spot and Test Fake Silver Bullion. Fake Silver Bar - How to Spot. Silver bars range in weight from 5 grains up to 100 troy ounces. but it says one three ounces nine nine. In any case I find it reassuring if you know how thick it should be and if you have a bit of gold or even just look at pictures before you buy it, you can still spot it as fake, straight away, without measurements. Howto Test Fake Gold and silver Specific Gravity. I ended up touching on this topic in another post and it seemed to garner some interest. Test Method #1: Silver Melts Ice. They have been selling this fake silver for quite some time. With the overall increase in demand for physical Gold and Silver we wanted to provide an update so that CelticGold readers understand the basics of how to identify counterfeit products. Also, each alloy makes a certain type of sound when you flip it up in the air or move it around. Never, ever buy a proof Engelhard Prospector (especially 1984!) I used to have 1000 of them and sold them all, along with my Franklin Mint stuff, years ago on eBay. Close. If you know the chemistry of metals you would know that Ag or Silver is very nonreactive and will only form oxides which can be burned off from intense heat. Discussion in 'Bullion Investing' started by JobIII, Sep 4, 2014. With the bars themselves, we also believe the fake exhibits a discernible drop in âstrikeâ quality demonstrated by fuzziness to the Perth Mint logo and specifications. Archived. All you have to do is weigh it. Fake Tests / or Inaccurate Tests: aka. While it is not a big as before, it is still alive and well. Hi, everyone. We adore silver â itâs a metal used in a variety of jewelry applications, from unique artisan pieces to classic, elegant settings. The usual formulation is 60% copper, 20% nickel and 20% zinc. 06:06. Note: experienced metal handlers could probably spot a fake silver bar quickly, even without taking precise measurements. Silver Art Bar collecting goes back over 50 years. One person was cheated by someone who sold him a fake PAMP gold bar. High net worth individuals using silver bullion as part of their asset protection portfolio need to make sure their bullion is genuine. Angle one of your silver bars so that it is at a 45 degree angle. DON'T BUY FAKE SILVER - EASY ACID TEST!!! Build up you silver stacks with 5oz Pure Silver Bullion bars. (He'd also had received some) He was correct! However, upon receiving a sample, it turned out not to be made of silver, and is most likely lead. A few years ago there were fake silver bars & I wound up with 2 of them. So, when a customer of ours came across some, we were interested. When inspecting gold and silver bars, rounds or coins, the first details you should examine are their markings. This is an extremely common fake. For everyone wanting to invest in silver bullion in Singapore, the idea that the silver they buy might be counterfeit is definitely unsettling. If youâre not sure how to spot fake gold, check the piece for a stamp, which will typically be on the clasp, or inside the band if itâs a ring. Counterfeit Silver Bullion Bars - How to Spot a Fake. They know how heavy a silver bar is supposed to be for a certain size, and would quickly notice the difference in weight or size. If you are testing silver bars, there is another way you can use a magnet to see if your silver is real or not. Here is a link to the full article ~JobIII Last edited: Sep 4, 2014. Not only has silver been used for jewelry, but itâs been a staple of coinage and bullion for hundreds of years! Slide the magnet down it. Shady dealers have been peddling fake silver because it is easy for them to make cheaper metals appear genuine. 1 If they say 1 ounce on them, then they should weigh 1 ounce. The fake gold bars danger is very real now. Note: experienced metal handlers could probably spot a fake silver bar quickly, even without taking precise measurements. The bleach test is recommended by some as a way to spot fake silver coins. Itâs easy to work with and can be shined to an incredible luster, and now youâll learn how to tell if the silver is real?. Some examples include: German (Nickel) Silver: This is a copper alloy with nickel and often zinc. Sorry this took me a long time to put out. Fortunately, our vigorous testing found the bars out to be fake â silver on the outside and copper in the middle. I would really appreciate any thoughts or suggestions. Warning ⦠Practically every piece of silver or gold bears the mintmark of its producer, so any items missing this essential marking should give you cause for suspicion. Silver bullion is a popular investment not only because the metal itself is aesthetically pleasing, but because it can act as a hedge against inflation. I read an article regarding a fake stamper of the 925 being stamped onto pieces of fake silver looking pieces in order to sell them at a higher rateâ¦.a friend of mine went through thisâ¦so given that there is a fake stamp out there. As much as we warn against buying from unknown dealers, sometimes a deal comes up that can seem trustworthy, whether or not the dealer has a business on ⦠You can imagine how he felt when we showed him that the bar he bought off Craigslist was fake! Using an Ultrasonic Thickness Gauge to Test a Real and Fake 100oz Engelhard Silver Bar. How can you tell just by looking at the item before purchasing it? How to Spot Fake Gold. Counterfeit Gold and Silver Bullion. A real palladium bar will weigh exactly ⦠That is why it is important to have a known good example with you. Fake ---> A quick guide for 1oz Sunshine Mint Silver Eagle Bars . 02:34. Please consider sharing this with your friends: Tweet. Look for silver plating that failed to fill into tiny spots and crevices. Spot Fake Silver Coins w/ Magnetic Slide. One relatively easy and fun way to test your silver bars and coins is to place a cube of ice on them. How to spot fake gold when buying from local dealers If youâd like to buy from a local dealer, despite the risks associated with taking possession of gold, make sure that ⦠We opened one up and the weight was off and when acid testing it just disappeared with 10kt acid. I got here some silver and I got amazing deals for spots some vintage pieces, some unique ones, but I have a concern I'd looked over and around here and it says in with us and that's a problem. 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