Spotting Fake Silver Coins

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Spotting a phony or a replica gold coin at the store is much less difficult as you think. Many fake coins can pass all tests, but when a precious coin or silver bar sticking with a magnet seems to adhere to a magnet then you can well think it's fake. Frequently, see imitations being made with low or no metal content and sometimes it causes them some electrical attraction and thus identify itself as fake silver as opposed to real one. For spotting a fake silver item, you have to know just how to identify counterfeit silver items. Imitation gold coins are often shaped like the genuine coins and also carry the same design features.

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This means that should you spot a fake silver, you have to make sure of the source. The easiest way to spot fake silver is when it's bought with a dealer from a catalogue. An excellent supplier of silver will list all the facts about each coin in the catalogue including most of the markings such as the melt value, grade, strike and so on. Buying from the catalogue is not difficult and is extremely secure. Dealers buy pure silver bars or coins from refineries, distributors or authorized dealers who hold a licence to sell authentic coins.

You may find that many dealers are available fake silver, usually silver that's been melted down to make the impression. There are numerous uses for the sterling silver real thing; they are mostly used in jewellery. But, as more folks are buying them for his or her investment purposes and as a status symbol, they're now also being bought as tins.

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You will need to utilize your magnifying glass to check for the markings and for just about any scratch. For example, if you are purchasing a coin that includes a big hole, such as a Philharmonic, you'd normally expect that the hole is there. But, if you should be spotting the fake coins, there's no spot. To spot the actual silver, you should use your mouse. Make sure the surface of the coin is smooth to the touch and has a flat working surface, so that light will pass through and reflect.
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