Now people are increasingly investing in silver and gold coins so there are chances that people may counterfeit coins or metal bars. Below are a few ways to spot fake silver or gold coins:
1. Magnet test
Magnet testing is one of the easiest ways to test for gold and silver counterfeit coins for people who like to buy pre 1933 gold coins investment. Take a coin or bar, put it on 45 degree angle and put a magnet on it. If the magnet slides off the coin it shows that it is real. However, if it sticks on it, it means that the coin is fake.
2. Ping test
It is one of the quickest tests that you can conduct on silver. If the coin is made from real silver and is dropped on a hard surface it will produce a ping sound. If the coin is fake it produces a dull thud. If you know the sound silver makes, you will easily be ble to differentiate between a fake and an original silver coin. It is an easy and quick way to sort out fake silver coins.
If the coin passes the metal test the next step should be to examine it carefully. For inspection it is essential that you have an authentic sample of the coin and a magnifying class so that you can compare it to the original one.
These are some of the easy ways to differentiate real gold and silver coins from fake ones.