Are your Silver Genuine?
How offer are your questing whether your silver collections are genuine. Basically, the
easiest way out is to purchase them from reputation sellers. Other than that, there a few
easy steps in which you can use to check on the authentic of your silver assets.
1. The Ring test
a. Silver usually give a nice ringing sound when it is tapped on. Tapped and
comparing with a similar density genuine silver coin you should be hearing a
high – pitched, clear ringing tone from both coins. A questionable silver, you
would likely be hearing a dull thump sound. There a risk of using this
method, as fine silver are normal soft and during the testing process you
might ding or damage the coin.
2. The magnet test
a. A strong, rare-earth magnet called a Neodymium magnet is usually used for
this testing, in which is easily purchasable in local bullion store or Ebay for
less than $10. Since Silver is not magnetic, placing the magnet on the silver
coin or bar, it should not easily stick to it. And if it does, the piece has a
ferromagnetic core and it is not silver.
b. Sliding test with magnet at a 45 degree angle face of a bar/coin. Normally, it
should be sliding down very slowly, if it sticks or slides very quickly, it not
silver. However, there a few other metals that magnet don’t stick on doesn’t
mean it is silver.
3. The Coin Trust App.
Recently, I happened to come across this app. This App basically relies on ping/ring test.
The app compares the recorded sound of your coin with the pattern of a genuine one.
In this current moment, the app only allows to verify 1oz Krugerrand and 1oz silver Maple
Leaf. This might be a pay App in time to come.