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Old 20-05-2014, 09:22 AM
caringfather360 caringfather360 is offline
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Default How to test real gold/silver

Most silver/gold bars are not serialized.

Any recommendation for a cheap magnet or way to test them before purchase ?

Cheers
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  #2  
Old 22-05-2014, 01:49 PM
Audeamus Audeamus is offline
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Quote:
Originally Posted by caringfather360 View Post
Most silver/gold bars are not serialized.

Any recommendation for a cheap magnet or way to test them before purchase ?

Cheers
From what I've read on this forum, some members use a small digital weighing scale to check the weight of gold coins to make sure that the gold content is as advertised. I don't think the scale is that expensive.
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Old 22-05-2014, 10:28 PM
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GoldenMao GoldenMao is offline
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You can purchase an earth magnet also known as neodium magnet. It is for testing of silver.
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Old 22-05-2014, 11:09 PM
tristanho tristanho is offline
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Quote:
Originally Posted by caringfather360 View Post
Most silver/gold bars are not serialized.

Any recommendation for a cheap magnet or way to test them before purchase ?

Cheers
Even if they are serialised, it doesnt gurantee their authencity.
#1: check for weight
#2: ping test
#3: if still in doubt, density test
#4: if budget allows, xrf test
#5: 100% sure = all above accurate + chop it up to 8888888 pcs and repeat step 1 to 4

Step 5 kidding but u get what I mean
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Old 23-05-2014, 02:30 PM
traveler traveler is offline
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I feel the best way is to purchase from a dealer you trust and to get a receipt. All the methods (magnet, ping, weight, density) can be faked to some extent.

Bullion in the original mint package or slabbed coins from reputable grading agencies are also generally trusted.
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Old 24-05-2014, 01:41 AM
makav31i makav31i is offline
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One hack in life...If it is Gold, try bringing to the pawnshop and ask how much they will take for the gold bar...if they accept, you are quite certain it is real..if they don't, that answer your question...try a few pawnshop to be very certain...
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Old 25-05-2014, 11:10 AM
ruidetk ruidetk is offline
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Quote:
Originally Posted by caringfather360 View Post
Most silver/gold bars are not serialized.

Any recommendation for a cheap magnet or way to test them before purchase ?

Cheers
Well for me i have a few tools to test my silver:

- Weighing scale
- Digital Vernier Calliper
- Magnet

For magnet you can get it at daiso! $2 for 4 pcs. I suggest that you put all 4 pcs together to test, to have some weight to the magnet.



Got to hunt around at your nearest daiso though...

I think BWSS does sell it at $10. Do check with them if they still have it

Cheers!
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Old 25-05-2014, 09:38 PM
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aceirus aceirus is offline
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Quote:
Originally Posted by ruidetk View Post
Well for me i have a few tools to test my silver:

- Weighing scale
- Digital Vernier Calliper
- Magnet

For magnet you can get it at daiso! $2 for 4 pcs. I suggest that you put all 4 pcs together to test, to have some weight to the magnet.



Got to hunt around at your nearest daiso though...

I think BWSS does sell it at $10. Do check with them if they still have it

Cheers!
Actually how can a magnet help? It also attracts iron right?
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Old 25-05-2014, 10:19 PM
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daniel.yrh daniel.yrh is offline
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Quote:
Originally Posted by aceirus View Post
Actually how can a magnet help? It also attracts iron right?
if your gold and silver sticks on the magnet then that means you got a fake
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  #10  
Old 27-05-2014, 02:18 AM
flatfive flatfive is offline
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Be careful with that magnet and electronics!
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