How to Check the Authenticity of a Silver Bar
Silver bars are typically .999 pure silver, meaning other metals have not been used to alloy the silver. Silver bars are an easy way to own bullion, and unfortunately, some fake silver bars are out there. Doing a simple test can make sure that the silver bar that you buy is genuine and pure silver as advertised. Silver bars are most commonly found in 100-ounce sizes.
Instructions
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Know your source. The primary protection against buying counterfeit silver bars is to know who you are buying your bar from. Reputable coin and jewelry dealers will only sell legitimate genuine silver bars and making sure that you get an invoice that mentions the serial number of the bar will protect you. If you are paying a price that is below the current price of silver, you have reason to be worried.
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Look at the maker of the bar and weigh the bar. Silver bars are typically stamped by the maker. A handful of bars have recognized hallmarks that make them readily accepted for resale. Hundred-ounce bars are the most common, and a 100 ounce bar weights 6.86 pounds on a bathroom scale. Engelhard and Johnson-Matthey are two of the larger producers of silver bars, but others include Sunshine Minting, Wall Street Mint, Sheffield and Handy & Harman bars.
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Perform an acid test. Short of a destructive acid cut to see the center of the bar, an acid test is the best way to determine the composition of a metal. Scratch the metal on the side of the bar, then apply the acid and follow the directions. If the metal changes color, it is likely not pure silver, and the metal below will be revealed by matching the color with the color chart provided in the kit.
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Tips & Warnings
Remember that different acid testing solutions provide different results.
Treat silver bars from minor manufacturers with a healthy dose of skepticism.
When using acids, avoid contact with eyes and use in a well-ventilated area.
References
Resources
- Photo Credit silver coin image by Pali A from Fotolia.com