charlesbjr
Fly on the Wall
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Good evening folks,
I am pretty new to buying silver and didn't know if I had to worry about fakes, so I want to ask the experts.
I buy primarily 1 ounce rounds or bars for the actual silver content, as I don't buy for collectibility. But I often hear folks getting taken by couterfitters and didn't know if I should worry about this or not.
I have only purchasd silver from JM Bullion and they have been great. But I decided to do a few of the following tests and here are my results:
1) The ping test was ok, but I kept knocking the coin off my finger;
2) I tried the rare earth magnet test and it did not stick. In fact it did roll off slowly;
3) A drop of bleach did leave a tarnish mark.
Believe me, I have NO reason to doubt JM, in fact I hear they are one of the best to deal with and I love their prices and prompt service. But the cost is piling up and I was not sure if I should do a random acid test or buy the TM8212 Ultrasonice tester.
These may sound like dumb quesions but this is so new for me.
Any advide would be appeciated.
Thanks!!
I am pretty new to buying silver and didn't know if I had to worry about fakes, so I want to ask the experts.
I buy primarily 1 ounce rounds or bars for the actual silver content, as I don't buy for collectibility. But I often hear folks getting taken by couterfitters and didn't know if I should worry about this or not.
I have only purchasd silver from JM Bullion and they have been great. But I decided to do a few of the following tests and here are my results:
1) The ping test was ok, but I kept knocking the coin off my finger;
2) I tried the rare earth magnet test and it did not stick. In fact it did roll off slowly;
3) A drop of bleach did leave a tarnish mark.
Believe me, I have NO reason to doubt JM, in fact I hear they are one of the best to deal with and I love their prices and prompt service. But the cost is piling up and I was not sure if I should do a random acid test or buy the TM8212 Ultrasonice tester.
These may sound like dumb quesions but this is so new for me.
Any advide would be appeciated.
Thanks!!