Many one ounce silver bars sold for over a hundred dollars when silver was only $5.00. 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. Warning … Angle one of your silver bars so that it is at a 45 degree angle. Sorry this took me a long time to put out. The fake gold bars danger is very real now. 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 rate….a friend of mine went through this…so given that there is a fake stamp out there. It is important to know that there are no fake silver bars, coins, or other products that can fake industry-standard silver alloys. Fortunately, our vigorous testing found the bars out to be fake – silver on the outside and copper in the middle. Fake Tests / or Inaccurate Tests: aka. Here we have compared the first generation counterfeit Silvertowne bar to three known versions of genuine Silvertowne bars. 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. For everyone wanting to invest in silver bullion in Singapore, the idea that the silver they buy might be counterfeit is definitely unsettling. How to spot fake gold when buying from local dealers If you’d like to buy from a local dealer, despite the risks associated with taking possession of gold, make sure that … In the past we have written about fake gold bars and how investors can identify the authenticity of Gold and Silver bullion. If you’re 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 it’s a ring. 1984 1oz Silver Prospector: This is a more realistic fake than the one above (although this one weighed 21.2g). unless you are an expert or have consulted an expert. 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. Look for silver plating that failed to fill into tiny spots and crevices. Hopefully this video will help people spot fake bullion, before buying them. Spot Fake Silver Coins w/ Magnetic Slide. These fake silver bars make up 17 of their 20 active listings currently. Note: experienced metal handlers could probably spot a fake silver bar quickly, even without taking precise measurements. Older silver bars were poured into a mold to produce a loaf shape. We adore silver – it’s a metal used in a variety of jewelry applications, from unique artisan pieces to classic, elegant settings. 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. How can you tell just by looking at the item before purchasing it? Also, each alloy makes a certain type of sound when you flip it up in the air or move it around. Genuine Version #1. Notable Differences. Two people living in Ocean View, Delaware were arrested this week for selling over 38000.00 in fake gold bars. It’s easy to work with and can be shined to an incredible luster, and now you’ll learn how to tell if the silver is real?. One relatively easy and fun way to test your silver bars and coins is to place a cube of ice on them. 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. 02:34. JobIII Active Member. Fake Silver Bar - How to Spot. One person was cheated by someone who sold him a fake PAMP gold bar. A danger with silver, however, is in fakes. While it is not a big as before, it is still alive and well. Most pieces of real gold, including coins, bars and jewelry, should have a stamp that shows the purity of the gold. 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. 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 … but it says one three ounces nine nine. The text on the front of the bar is thinner on the counterfeit. 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. Buffalo Replicas are a popular recognizable design and at the 5 Ounce Bar Sizes premiums are lower. If the piece is real gold, the stamp should bear a manufacturer’s mark and a karat marking, such as 14K or 24K. So, when a customer of ours came across some, we were interested. No palladium at all. The usual formulation is 60% copper, 20% nickel and 20% zinc. Posted by 6 years ago. Look at the edge of the coin to see if the plating is visible where the rim meets the side; also look between the reeding . That is why it is important to have a known good example with you. One small droplet of bleach will tell you immediately if you have a real or fake product. JobIII, Sep 4, 2014 #1 + Quote Reply. Test Method #1: Silver Melts Ice. 06:06. I used to have 1000 of them and sold them all, along with my Franklin Mint stuff, years ago on eBay. Close. 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. Fake ---> A quick guide for 1oz Sunshine Mint Silver Eagle Bars . A few years ago there were fake silver bars & I wound up with 2 of them. 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 … Fake gold may bear a karat mark, but will not have a manufacturer’s mark. 04:06. A real palladium bar will weigh exactly … Here is a link to the full article ~JobIII Last edited: Sep 4, 2014. 06:17. If you are testing silver bars, there is another way you can use a magnet to see if your silver is real or not. Shady dealers have been peddling fake silver because it is easy for them to make cheaper metals appear genuine. Real vs. How to Spot Fake Gold. Also, each alloy makes a certain type of sound when you flip it up in the air or move it around. Some examples include: German (Nickel) Silver: This is a copper alloy with nickel and often zinc. Counterfeit Silver Bullion Bars - How to Spot a Fake. Counterfeit Gold and Silver Bullion. Silver bars range in weight from 5 grains up to 100 troy ounces. 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. Archived. Manufacturers identify their bars with a logo, serial number, hallmark or pattern in addition to the weight and industry standard for purity of “.999 Fine Silver.” Bars are also known by the way they are manufactured. And they are selling every single one they list - its not like one gets sold here and there. Silver tarnishes extremely quickly when exposed to an oxidizing agent such as bleach. It is the same story…listed on Craigslist…inherited and selling well below spot. 1 If they say 1 ounce on them, then they should weigh 1 ounce. 13. How to Test for Fake Gold and Silver. 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 – there is no-knowing what the actual bar is made of! While it weighed 1 troy oz, you can see here that its size was closer to a silver bar than a gold bar. Not only has silver been used for jewelry, but it’s been a staple of coinage and bullion for hundreds of years! Back then, members could contact members w/o needing to go thru eBay's "Ask for contact info." The counterfeit is missing a small … I ended up touching on this topic in another post and it seemed to garner some interest. 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. 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 Free Shipping! Slide the magnet down it. This is an extremely common fake. (He'd also had received some) He was correct! Please consider sharing this with your friends: Tweet. How to Spot and Test Fake Silver Bullion. Discussion in 'Bullion Investing' started by JobIII, Sep 4, 2014. Fake ---> A quick guide for 1oz Sunshine Mint Silver Eagle Bars. There are a number of ways to spot these fake bars. 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. Never, ever buy a proof Engelhard Prospector (especially 1984!) I would really appreciate any thoughts or suggestions. However, upon receiving a sample, it turned out not to be made of silver, and is most likely lead. Real vs. The bleach test is recommended by some as a way to spot fake silver coins. Fake bars can be harder to spot this way. Build up you silver stacks with 5oz Pure Silver Bullion bars. The magnet should slide slowly down the face of the bar. Learning how to spot these frauds was an important step in my education of becoming a wise businessman in currency and precious metals. You can imagine how he felt when we showed him that the bar he bought off Craigslist was fake! Howto Test Fake Gold and silver Specific Gravity. Silver Art Bar collecting goes back over 50 years. 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. We opened one up and the weight was off and when acid testing it just disappeared with 10kt acid. Hi, everyone. Bronze silver and gold plated counterfeits are more commonplace… while hollowed out bars have been sold as recent as 2012 in New York’s famous diamond district. All you have to do is weigh it. High net worth individuals using silver bullion as part of their asset protection portfolio need to make sure their bullion is genuine. Tue, Feb 22, 2011 - 01:36am #9. jrf29. They have been selling this fake silver for quite some time. With the bars themselves, we also believe the fake exhibits a discernible drop in ‘strike’ quality demonstrated by fuzziness to the Perth Mint logo and specifications. When inspecting gold and silver bars, rounds or coins, the first details you should examine are their markings. 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. to produce a fake silver 1 oz bar within an uncertainty of .1g would be very difficult. Another buyer messaged me when he saw I'd bought a couple & told me they were gonna NOT pass the "ping" test. Had a fake Perth Mint bill of sale. 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. 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