Fake Silver Coin How to Tell

[@Devinfrbs]

This physically hurt me to watch you scratch that coin.

[@ookapelirekkars6156]

Same!!

[@sreetips]

It’s just silver. I dissolved it to make electrolyte for my silver cell

[@wilsonbrothers4183]

Without a thorough test you could be holding junk… it’s a tough one but worth it

[@ShakeyJake117]

Nice vid. I use weight and specific gravity for coins going in my collection. For some reason they lose value after i file them haha

[@ShakeyJake117]

@Van Provost yeah, i was joking about coins losing value after filing a "trench" in the side of them.

[@MrThe1234guy]

Those Canada coins have a tremendous premium. Not so much when they first come out but when the bullion dealers are out of stock easily a much higher premium coin and very liquid. Canada has security features built into that coin. I do not recommend anyone shave or damage their coin. This will absolutely ensure you will never get a premium over spot from anu collector. A Sigma analytics precious metal machine is best when in doubt.

[@sreetips]

I like the acid test - it never lies. Plus I can fix the coin and get a nice premium price for the silver. One of the advantages of refining your own silver at home.

[@holfeightyeight3375]

That coin he just destroyed has a lot of security features. DNA maple leaf etched into it and the rays on the face of the coin.

[@sreetips]

I’ll fix it very soon

[@pablomalaga4676]

But it is not that terrible because he can make the silver shot and sell it 60% higher than cost. Besides he tought as a good lesson, sometimes what looks legit is indeed legit

[@bensoncheung2801]

@@sreetips My brain still can't fully comprehend that you "fixed" that coin into electrolyte and *poured* *it* . Into a metal bowl in which it will rematerialize into pure silver crystals along with the silver shot.

[@sreetips]

I did this to demonstrate, for those who want to try, that this type of silver coin is suitable to make electrolyte for the electrolytic silver cell.

[@MrKotBonifacy]

5"24 - Argent is French for silver (and also "coin" or "money") - from Latin "argentum", meaning "silver".

[@tonyo8187]

Hence "Ag"

[@Ken_Dalton]

Correct guys👌

[@VV-hd7jy]

Argent Pur is french for pure silver, at least according to google translate

[@drubradley8821]

when I buy on line metals, I mention that I am not buying their metal to keep, and that I am buying it to plate some parts in a higher standard, so, if you have questionable filled metals , that it would not be in their interest to send me that, but do welcome pure metals that may have dinks/dings/scratches, as that is okay, and I have always been handled great, and many are glad to have an avenue to get rid of their "blemished" metals to me, ans some even discount for the blemished or throw in a wee bit extra, for allowing the blemished sale...

[@bensoncheung2801]

Did you take down your videos?

[@hiddentruth1982]

one tip I can give as a former buyer and seller on ebay is if they are in china odds are it's fake. they make a lot of fake coins in china using little or no precious metals.

[@GlazzedDonut]

They counterfeit everything there even eggs if you want to see something stupid and disturbing lookup counterfeit eggs

[@Hobypyrocom]

China only buys gold and silver the last few years, i think they even ban exporting any of the silver or gold resources they have. i highly doubt that anyone from China is able to ship such items.

[@yuriyvakulenko]

I think it is not necessary to damage such nice coin. Silver is unique material. It is virtually impossible to counterfeit it keeping right weight, dimensions and price. In this particular case it would be enough to take weight and dimensions. And then compare to Royal Canadian Mint specifications, available on their web site for this particular product. Gold bullions is completely different story though.

[@jerrykingsley6703]

@@yuriyvakulenko not true. yes, damaging it may be going too far, but i melt metals, and I have brought fake bars in to my jeweler with real bars to see if he could tell the difference without cutting it in half..

[@yuriyvakulenko]

@@jerrykingsley6703 there is no other metal with nearly same density as silver. So counterfeit bullion will have different weight or dimensions. Of course it is applicable only for standard products like this RCM Maple Leaf bullion.

[@Silvertarian]

When you're local jeweler calls you to check some silver's authenticity. That's when you know.

[@jakejones7836]

If it’s in question then They test it before you can get paid !🤦‍♂️

[@allansterba9726]

Silver futures price has fallen so fast in the last 16 weeks that dealers who bought silver at $18 an ounce months ago are not going to sell it to the public at current spot price of say $12 + their normal premium of $1 to 2. The ask price is going to be spot + $7 to10 premium.

[@ShawnStrickland]

but as soon as the market goes up they increase their prices right fucking quick tho.

[@TheLemzia]

Because of the Nomenclature, I always get confused between the Ask & Bid price. I always have to look up the definitions, when I'm looking at Spot lol.

[@danieldippolito7106]

fallen? LMAO !!

[@sreetips]

This was a four year old comment.

[@jesuissebastien]

I’m from Montréal, Canada and « argent pur » simply means « pure silver ». Always interesting to watch your videos! Good job Sreetips!

[@jonweinraub]

Ag is silver for a reason!

[@WPGinterceptor460Interceptor]

@@jonweinraub Argent Pur is french for PURE SILVER

[@gazoo-pl4nx]

you need to invest in a sigma verifier....you just ruined that beautiful coin

[@okkrom]

Why not use specific gravity instead of damaging the piece?

[@thethiefonthecross9092]

Because he's a dumb dumb lol

[@southofhollywood4199]

I always get ads on Instagram selling one-ounce Silver Eagles for nine bucks! Why aren't those ads removed?

[@timfenrich5328]

How important it is to explain the divergence of the spot and physical price! Folks new to the market are slow to grasp the importance. I’m with you, precious metals are set for a rise for sure👍

[@ArizonaAdam]

Hey sreetips! Didn’t know you served in the NAVY. Thank you for your service! We currently have two daughters serving now. One is on the Nimitz and the other is on the Truman. Great to your support!

[@sreetips]

Good on both of them. The Navy was good to me. And I was good yo the Navy.

[@ArizonaAdam]

sreetips It make me love the channel even more! Again thank you!

[@E-BikingAdventures]

A specific gravity test along with the paramagnetic test is definitive. You cannot have any fake silver pass both those test. It's non destructive. I wouldn't guouge my coins like that.

[@sreetips]

I gouge all my coins like that. I've got a whole roll of Morgan Silver dollars that I bought at a yardsale. Each one has the edge "gouged" so I could apply some schwerters to make sure that they were real. For me it's the only way to be sure. The acid don't lie.

[@thethiefonthecross9092]

@@sreetips 🤦‍♂️rip beautiful coins whoever buys them will be the new owner of the Beaver scored coins

[@Orxenhorf]

If you're going to buy a coin, look up the original mint that made it. That will tell you easily if it's solid or clad. If you're going to file down an edge like that you might as well just melt it down because you're destroying the whatever value it has as a collectible or commemorative.

[@joshua.snyder]

Keep in mind that as gifted as Sreetips is as a refiner, he is not a metals market analyst, nor commodities broker. $100 an oz is nearly double what the all-time peak was and that was a kneejerk abboration in the market based on the unanticipated downgrading of the US credit rating. Don't invest in metals based on lay opinions, and don't get suckered into paying well over spot based on hype. This is a prime time for speculators (I am not saying at all that Sreetips is one!) to manipulate people and create runs, and a lot of hype gets spun in these markets. Just be careful out there folks.

[@sreetips]

You are correct, nor have I ever professed to be. But you don't need anything more than common sense and mathematics to realize that these metals are going higher. Much higher. I'm in the right business, at exactly the right moment in time, with exactly the right instrument. What a ride!

[@michaelkaliski7651]

Filing a genuine coin like that is considered a criminal offence in many countries. In the UK it was known as coin clipping or defacing currency and was a capital offence for several centuries (just a maximum of life imprisonment now). Other methods included shaking coins in a leather bag to obtain flakes of gold which could be recovered and the artificially worn coins passed on. One of the reasons bullion coins have very accurate official weight measurements available and very tight manufacturing tolerances. The milling at the edge of such coins was introduced specifically to detect tampering. The fine surface finish also makes the Canadian Maple a sought after collectors piece. So you have destroyed the coin as a collectors piece, reduced its' value to whatever the spot Silver price happens to be on the day and commited what is considered a capital offence in some jurisdictions, all nicely documented in a video. At least you won't have to worry about travelling anywhere soon with Covid19.

[@robin56rf78]

It's an ultra common coin, they are billions of them out there so it's not a great loss !

[@johnpaul-ww8wt]

@@robin56rf78 he is right, whether common or not it is actual money and considered currency as it has a face value, therefore a criminal offence in destroying of state-owned currency

[@chucklotro8749]

Sreetips in your opinion how reliable would a density test be? 10 troy ounces of Silver = 311.035 g density of Silver = 10.49 g/mL V= 311.035/10.49 ~29.65 mL should be displaced

[@marcofico1]

might work, still i wont rely on it

[@seadub4944]

@@marcofico1 It will work, Archimedes figured it out in his bath thousands of years ago now. Works just as good today as then.

[@timhull8664]

Do you ever use the density and volumetric displacement as an aid to determine if its silver.

[@sreetips]

No, because I don't know how.

[@abelaze]

kzbin.info/www/bejne/sGTYlGuamJqembc

[@abelaze]

You can use a plastic strip for holding the coin in the water. With this method I could find out, that the base metal of my fake is made of zinc.

[@scp3178]

The first test without damaging the silver (gold) coin / bar is just done by using a strong neodyme magnet. pure silver (gold) is not magnetic at all, but silver (gold) is diamagnetic, which means: by moving the magnet near to pure 9999 silver (gold) you can observe the silver weakly reacting by very tiny movements. try it. it's fascinating. (magnet movements are obligatory for this diamagnetic test!)

[@OffGridOverLander]

Why not melt the silver crystal down to bars to reduce space taken and reduce surface area exposed that tarnishes?? Is there a specific reason?

[@Lobennett52]

Power 2 Weight pure silver does not tarnish....

[@Lobennett52]

Power 2 Weight so sorry..

[@buggsy5]

@Power 2 WeightAssuming everyone walks around with a weight scale.

[@buggsy5]

@@Lobennett52 It certainly does.

[@GrungeGirl314]

Boy are those futures contracts being exposed now!

[@richardr5878]

Can this be ping texted? I love info, very valuable and I’m about to do my first refining in a couple weeks. I cringed on the destructive test. What are some other recommended ways to check? I would think a counterfeit that was not overly greedy could drill out a core and fill with tungsten. Take off 3-5 oz and still have it test good.

[@sreetips]

Weight vs published dimensions should give accurate result.

[@redX111t]

Silver is still really quite cheap... there was a silver (and gold) mania in the late 70s and early 80s and silver hit its all time highs... when you consider the inflation for the last 40 years the price of silver would have been several hundreds of dollars/oz in today's money... so ~27 dollars isn't that much now when the industry demand for silver is getting higher and higher. In 2018 silver price was just ridiculously low

[@briankennedy9421]

Do you trust the specific gravity test instead of damaging the coinage with acid and file?

[@sreetips]

No, I’ve never tried it

[@isaacgarza3307]

Can you tell us what seller on ebay you use to buy your nitric acid from.....and what the difference in use between urea and sodium bimetasulfite? Also a little more info on the safety side of refining.....ergo what's kind of gloves to use...eyewear...and so on...thanks...

[@mmneau8563]

argent is French for silver

[@adventuresinmetals7636]

AG=argent

[@UnicaLuce]

Silver = argento in Italian, pretty close

[@mmneau8563]

@Sora Argentum in Latin

[@jwholmes2]

L’argent is French for “money” it also means Silver (Ag)

[@RyshusMojo1]

Argent was also a cool band in the '70s

[@orange70383]

I like the 2021 Britannia 1 oz coins, they have a small hologram-like security spot.

[@sanpedrosilver]

Liberty coin is solid. Tons of great, reputable dealers on eBay. I don’t use eBay anymore because of the tax that’s been added to all bullion sales. Best is to buy from private sellers. Subbed

[@sreetips]

I've delt with them for years.

[@nickandyou1470]

@@sreetips i don't find them

[@nickandyou1470]

I don't find them , are they still here

[@sanpedrosilver]

@@nickandyou1470 Here? Long Beach, CA

[@nickandyou1470]

here on ebay

[@ianbegg9851]

Interesting this Was brought back up by Google/KZbin as the Silver price is currently going thru the roof, have to be more careful now the scammers will be out and about. Thanks Sreetips loving your work Sir.

[@OleGeezerCirca1941]

Generally the density of brass is 8.4 to 8.73 g/cm3.. The density of silver is 10.5 g/cm3. Why ruin the numismatic value of this coin like you did when all you had to do was weigh it, and using water displacement determine the volume? You could have also determine the volume using the measurements of radius and thickness since the coin is a thin cylinder. The volume of a cylinder is given by the formula V = πr2h, and π is about the equivalent of 22/7 or 3.14. Make sure you have accurate measurements. Then take the density of the object X the volume to get a weight to see if it is brass or silver.

[@karl6852]

I used this density determination example in story problem, for a chemistry class that I was TAing for, back in 1986. I was trying to make it a real world applicable scenario.

[@dirtydave1889]

After retiring from the oilfield in 2010....I drove a truck to see the country....picked up a load once....max weight at 47000 lbs......drove and could swear I had a full tall load....got to the Campbells soup factory….guy said break seal and back into door four....I opened the doors to an empty 53 foot trailer....there were 4 small aluminum ingots nailed to the floor!.....Can you make it that dense?......how small can ya make 47000 lbs of aluminum?

[@ministryofmetals2462]

Umm I dont get it, wat are u saying happened?

[@edwinthebirdbee4623]

Aluminum is 10 cubic inches per pound so 47000 lbs would be 470000 cubic inches

[@orionseal117]

If the ingots were exactly 12 inches by 12 inches you would have needed just 5 sticks in your trailer that ran full length to weigh up to your 21 gross ton capacity.

[@michaelkaliski7651]

Dirty Dave I'm guessing what you were carrying was tin ingots to coat the cans. Might look like Aluminium (Aluminum) but much heavier and much more valuable.

[@buggsy5]

@@michaelkaliski7651 I don't think tin is used to coat the insides of cans anymore - at least in the US.

[@jordongualtieri6968]

Hi sreetips, what’s your opinion on colloidal silver? I am interested in trying to make some of my own as an experiment. Have you ever tried this?

[@sreetips]

Jordon Gualtieri no I don’t have any experience with it.

[@jordongualtieri6968]

sreetips fair enough. Thanks for the reply, love your videos!!! From Sydney Australia

[@kilojones5948]

Colloidal silver consists of tiny silver particles in a liquid that is sometimes promoted on the Internet as a dietary supplement. However, evidence supporting health-related claims is lacking. In fact, colloidal silver can be dangerous to your health.

[@user-yl6yy2yj3n]

Some sellers are sneaky. They like to put a picture of several items inwhich you only recieve 1. Or so called estate sales

[@buggsy5]

Besides the weight, you need to check the diameter and the thickness. The quickest non-destructive test is using a strong magnet to see if the piece is diamagnetic. If it isn't, its not silver. I don't know how well this test works on coin silver or sterling. If you do need to file it to use the dichromate, the notch can be narrow - so less damage is done to the specimen.

[@Avalanche2]

Local coin shops (if they have any left) are the best places to buy silver right now. My LCS is $2-3 over spot for Silver. I paid 1.75 over spot for a 100oz bar.

[@johnjacob7997]

I have a question about "pure silver" coins made and sold by "we buy gold" shops... I saw a huge liberty silver coin collection at a shop and all of them had a rainbow patina across a section of front of the coin, looked like burnt spot. I have seen this on steel before, but never a precious metal. I even tried duplicating this by melting my own pure silver and pouring under intense heats, but never had anything but shiny clear silver produced. What could cause that?

[@sreetips]

Not sure about this. I have seen it on 90% silver coins. Sterling silver will also “acquire” a patina over time due to reacting with the air.

[@johnjacob7997]

@@sreetips 90% silver is probably the case, the buyers did not know how to read mint marks very well...everything was junk to them. But I had no issues making 995+ silver bars from it that sold to reputable dealer later...no burnt spots hahaha.

[@DarrellDrinkwine]

If you're purchasing scrap from Ebay would it not make more sense to purchase it at near or below spot in order to cover overhead costs?

[@buggsy5]

Sure, if it is actually of the purity advertised.

[@charleswise5570]

Can using a water displacement test be useful? I remember doing something like it back in Chemistry class. Looking forward to your explanation! Thanks in advance!

[@buggsy5]

It is called a specific gravity test. Yes, it is useful, but a bit cumbersome. Most fakes can be detected by simply measuring the dimensions and weight - then comparing those to a known genuine specimen. A large percentage of the fake coins can be detected by weight alone.

[@johnmclain250]

I'm afraid that before silver reaches $100 an ounce, the entire economy will collapse meaning dollars will have no value to compare them with silver. Good news is, silver will still have value for barter.

[@Nerdrem1]

Lol that's why it will be $100/oz, because the dollars will be worthless from inflation.

[@coffeeonkeyboard1810]

one of the coolest channels on YT.

[@gmc9753]

Before doing any filing, I would: 1. Check with a magnet. If it's magnetic, it's fake and nothing else to do 2. Check weight. If weight is wrong, it's fake 3. Check dimensions. If they're off, it's fake 4. If all those tests pass, then you can take more time consuming measures to verify

[@sreetips]

Have you seen the video of the guy who bought a pure gold bar then found it had a core made of tungsten? The bar was valued at $32,000 but with the tungsten core only about $3600. There's only really one way to be absolutely certain; refine it yourself.

[@gmc9753]

@@sreetips Unfortunately, very few people have that capability. At least it is easy to eliminate most of the fakes with tools that the majority of people can easily get.

[@sreetips]

gmc9753 I know. Too bad that we couldn’t just trust the markings. It’s the world we know.

[@gmc9753]

@@sreetips I never hear about people getting fake sterling flatware that actually has the correct hallmarks. Have you seen any?

[@sreetips]

gmc9753 negative. That’s all been straight up in my experience.

[@usarduinosandmore554]

I would like to know if you have ever used the density test on that coin in the video?

[@sreetips]

I have not. I don’t know how

[@usarduinosandmore554]

@@sreetips i'm sorry that was to be Specific Gravity Test. here is one video that explains it very well: kzbin.info/www/bejne/jqCuc6R8l6yYr7c or use a search in youtube for "silver density test"

[@sreetips]

Since I’m not concerned with the appearance, only the metal content, I prefer to use a file and Schwerters solution to test my silver.

[@robertoh.20]

the dimensions of the real coins are online, all you gotta do is weigh it and measure the dimensions, no other metal will weight the exact 10 oz and with the right dimensions. Oh and with a little thinking , you can deduct that ARGENT means silver and PUR means pure in french, and i've never ever studied french.

[@emilee172]

The Pea Shooter on the desk is just a friendly warning that a thief will NOT get a free cup of coffee

[@alicerose2683]

You made my day

[@Multiplemom3452]

What’s that liquid called and where can you get it?

[@sreetips]

Schwerters solution - 1gram potassium dichromate dissolved in 20ml 50/50 nitric

[@buensomeritano1755]

Where do you get your physical prices? I can find spot all over the place, but no mention of live physical prices. Is there a calculation we can do using spot to find the physical price? Many thanx Sreetips!

[@sreetips]

No, there is no physical silver quote to be found. To find what it is just pick up the phone and call a precious metals dealer and call them. Ask them how much for and ounce of silver. Try Modern Coin Mart in Florida. I've delt with them and they treated me fairly. If you can find any silver for sale then the price they give is the physical silver price. You take delivery of the physical metals. Soon it will be shooting up. A dollar a day as they lose control of the markets because demand will exceed supply here in the near future.

[@buensomeritano1755]

@@sreetips Thank you Sreetips! You da man!

[@grants169]

eBay price is higher than what you would pay had you bought directly from the dealer. eBay charges up to 11% and those fees are passed to the buyer. You get the best deals going directly to the dealers website and wire them money, or send a check. For example, a single 100oz bar from Scottsdale mint its $1537 on their website, but their eBay price is over $2000. Plus if you want quantity you can get them for $1476 on their website, but no deal for quantity purchases on eBay.

[@sflotr]

I love Canadian coins. That was hard to watch the file on QE II. Ouch!! Those canucks really beautiful gold & silver pm’s.

[@sreetips]

In the end, in most cases, it’s just silver metal. No extra value for being in perfect condition.

[@buggsy5]

@@sreetips Yes, but there are non-destructive tests you can perform first.

[@Icriedtoday]

You can test without destroying such a fine coin. If you don’t want to use a X-ray tester then you can do specific gravity.

[@sreetips]

Probably use weight and dimensions to verify then no filing would be needed. But I prefer schwerters. The acid never lies

[@Kickstar.]

$100/ounce for Silver? NEVER. And dealers definitely use spot price to buy YOUR SILVER.

[@sreetips]

KickStar Coins n Comics these are just my opinions. They won’t be buying my silver for spot because I’m not selling any of my silver.

[@buggsy5]

Worse, they typically pay less than spot - they turn around and sell them for a premium over spot.

[@clarktransport1312]

A quick test for silver uses its diamagnetic qualities, get a small neo magnet and put the coin at about a 45 degree angle. Let the magnet slide down the coin. Real silver will make the magnet slide slowly. Many videos on KZbin about this and I have tried it many times myself. Plated coins don’t slide as slow. Sterling either. Also if you like precious metal there is a precious metal verifier available that tests with electro magnets. Very reliable. Can be pricy but can be found online for around $500.

[@sreetips]

I've never tried any of these tests. I learned from refiners to use the schwerters solution. When I first started refining I would take a small amount of metal and dissolve it then cement the silver on copper. That was my test to see if it was real. Then Harold_V on the goldrefiningforum.com told me to stop doing that and get some schwerters. Been using it ever since.

[@IMDunn-oy9cd]

Will having made a rub/cut mark on the coin present a problem in trying to sell it in the future?

[@GlazzedDonut]

No because if it's real you could just remelt it. For collectors purpose absolutely would reduce it if it was legitimate

[@DirtyPlumbus]

Only if you want collector value for it.

[@Yeshua144]

depends. for pandas the premium will be gone if you do as little as remove it from the seal.

[@justinknash]

For the first three minutes of this video I felt like I was getting put into time-out for not verifying eBay sellers and reading the listing.

[@TheLemzia]

I've been burned more than once! READ Very carefully and AVOID "German Silver", that is NOT Silver but they will sell it at Spot, when it is actually worth about 1/10th of Spot!!!

[@sreetips]

German silver, aka nickel silver, contains 60% copper, 20% nickel and 20% zinc - zero elemental silver.

[@TheLemzia]

@@sreetips Thank you for pointing that out! It is too easy for people to see the word "Silver" and pay Spot+ for it! I wish more KZbinrs that specialize in Silver and especially, Silver bullion, which is what it is usually sold as, did videos about it, Fewer people would get Ripped off. Sadly, unless you buy something, like on Ebay, you can't leave a remark on someone's listing. I know I've Tried many times, hoping that changes, so that I could WARN People!!!

[@matthewkizziahcuzia...gott9632]

I'm not a rich man by any means. But I would love to have just one good looking crystal. Doesn't have to be a big one. Just to keep on my shelf to look at.

[@Hobypyrocom]

such crystal with a hole would be a great idea to put it on a key chain... Dan Hurd has such video where he visits a company that uses raw gold nuggets to make jewelry, they are awesome...

[@keithyinger3326]

@@Hobypyrocom I was thinking the same thing. Maybe encase a single crystal in resin and make a necklace or a pair of earrings.

[@ut000bs]

They're as fragile as they are beautiful. It's hard to keep one whole.

[@keithyinger3326]

@@ut000bs thats why i would try encasing one in resin to preserve the structure hopefully.

[@dimwittflathead639]

Would you show us refining integrated circuits? I'd like to know how to grind them into powder, extract copper, tin, silver, and gold. The rest is landfill because no more metals in the powder.

[@sreetips]

Hello, I’ve worked with some escrap. Trimmed circuit card fingers and pentium pro CPUs. These are among the highest yielding of all computer scrap. That’s why I chose them. I’ve never tried IC material. It’s messy, low yielding and produces lots of waste that must be treated before disposal. For these reasons, I don’t refine much escrap anymore.

[@Wardcreek]

How can I check prices that can help me make better deals on EBay?

[@sreetips]

Try kitco.com

[@sundaywhiterabbit7679]

White Rabbit Dog House. I am an American Girl and I have a lot of real silver listed on EBay. Selling fake silver is illegal and people not only risk being permanently banned from buying and selling on EBay, they can see jail time. Just because it is an E-Store doesn't mean the laws do not apply. Check seller stats. If they are lower than 100% then see what people say about the seller. Many sell cleaned coins or artificially toned coins. Always read the description. If they don't say exactly what it is, you can get completely refunded immediately as an "item not described" if they are counterfeiting, inform EBay about that. Trust me, sellers do not want to be banned from selling there. Find an honest seller, and most are, and stay with them. One love everyone.

[@MikeJones-tx6iu]

Interesting video. I was led to believe that you could use some type of magnet device & or machine to determine the authenticity 🤔 ?!?

[@sreetips]

I prefer the acid test - it never lies

[@keepitreal2044]

You said at the front of the video, you mistakenly bought 10 oz coin, thought it was 10 X 1oz pieces. By the end of the video you said " you bought it for the video to demonstrate testing " so which was it?

[@sreetips]

I actually thought that I bought ten, intended to demonstrate how to test on one. But I didn’t read the add correctly. I’ll be dissolving that coin in hot nitric soon - watch for the video.

[@gossman75]

Does anyone know how many grams is a Golden Troy ounce of Gold buffalo including the gram weight of the black gasket coin capsule altogether?

[@sreetips]

You’ll have to remove it from the container to properly weigh and measure to verify authenticity.

[@gossman75]

@@sreetips Yes, your right. Today I get my Troy Ounce and Gram scale, so I'll be able to verify whether what I have is authentic. Thanks for the info. PS. I enjoy your videos.

[@sreetips]

You’ll need calipers to measure thickness and diameter. Oriellys auto parts sells them.

[@skyespoon8487]

Good way to help silver fans protect them selves, I saw so many different types of fakes on Alibaba, even APMEX assay bars in yep. With APMEX stamped on the coin/bar ,999. 1 Troy oz gold "plated bar" identical to the real deal.. What kind of people do that, "crooked people". Thanks for the insight.

[@Wardcreek]

Great job explaining this! I never thought anyone could fake Perth Mint coins

[@johneliadis9689]

Love the piece in the holster in the back of the table.

[@johneliadis9689]

There's your precious metals, silver, brass and copper!

[@williameddy3521]

Great video but why do you have a handgun on you worktop?

[@sreetips]

In case of unwanted guests with conquest on their minds

[@usptact]

Now file those 0.02oz off to get exactly 10oz :D

[@welchianachi7707]

Sreetips I have a question, what is the point to gain so high purity in for example gold. I understand some high end application my need that degree of pureness but if somebody use that gold for make an alloy to use in jewelry then all your efforts go to nothing cause he for a shure use copper and silver so those little impurities in just pure gold(999.9) would be negligible. Please don't get me wrong I fully appreciate your work skills and passion on those precious metals just wondering if it is worth to loose time and materials.

[@sreetips]

I know exactly what you're are asking. Why refine the metal? Why not just hold the karat scrap? Why go to the extra trouble? Is the extra nine worth the effort? First, I learned how to refine the metals because I became infatuated with it. I was ate up with trying to get my first bar of pure gold. I was driven by one of the most important forces that must be present to be successful in any field; the intense desire to succeed! Second, I had a small chemistry lab in my basement back in grades 7 thru 9. This is kind of an extension of that period in my life. I loved the practical aspect, but I hated having to learn all chemistry. I wasn't a very good student back then. And last, I realized that selling the karat gold I never got to keep any of the other metals, silver and platinum group metals, that are present in karat gold. So, is that extra nine really worth it? To me it doesn't make a big difference. Industry standard for gold is three nines. But some refiner somewhere found that adding the extra nine made a difference to some people. Made the gold seem more valuable. But I don't think it is. Three nines is 999 parts per thousand. Four nines is 9999 parts per ten thousand. Like splitting hairs. I do it because I love it and I can't not do it.

[@welchianachi7707]

@@sreetips So the answer is Passion. In some way I envy you. I was thinking of small refinement myself but in my country out of plywood (Poland) recently ban to use by private people nitric acid, you have to run business to be able to buy. So without that crucial chemical good luck to start refining. Nevertheless watching your work is very pleasant.

[@buggsy5]

@@welchianachi7707 See other sreetip videos. There are methods of refining gold without nitric acid. Or, you can make your own nitric acid starting with potassium nitrate and sulfuric acid. If sreetip doesn't have a video on that distillation, then nilered does.

[@chucklotro8749]

EBAY is super sketchy, a colleague of mine didn't read the post on some gold coins - the prices were too good to be true - of course they were plated. It was explained waaaaaaaaaaaay deep down in the seller's posting. #watchout

[@hschultz123]

Thank you for the informative video. Please be careful when investing in precious metals.

[@MrThe1234guy]

Be careful when saving American dollars. Turns out they lost half their purchasing power and just a few short years... The $15 silver I purchased in 2018 Fortunately retained all of its purchasing power.

[@Alrik.]

Hi Streetips, I know this is just an investment coin but it hurts to see you file it like that.. Wouldn't there be a different way, like weighing and measuring the dimensions of the coin? Did your friend's fake 10Oz coin actually weigh that? Then I assume it must have had like a lead core inside the brass to achieve the right weight and dimensions, which seems pretty difficult to fake (of course it's possible). I totally understand you doing it this way, I'm just wondering if there's alternatives.

[@sreetips]

I bought some silver dollars at a yard sale. First thing I did was file and test with acid. It's the only way I know to be sure you're not getting ripped.

[@InsulaPecuniae]

A less invasive way to test silver is using a magnet. Real silver is diamagnetic meaning it will slow the magnet down. You can look up plenty of videos of how to do this!

[@orionseal117]

Because other mettles can do the same thing, but the rate of deceleration is so minutely different it's extremely hard to differentiate between them. Take a copper puck cut from a piece of bar stock, hang a magnet from a piece of string and swing it at the puck. The magnet stops short, same with silver and brass. I believe "Smartereveryday" has a video on this topic.

[@InsulaPecuniae]

Charlie's Angelfish A “ping” test will easily tell the difference. Copper has a much higher pitch than silver. My point was that you don’t have file or acid test coins to authenticate them!

[@kayneF1251]

One look tells me that coin is beautiful, I feel your pain tho , it is easier to sell 10 one oz than it is 1 ten oz . Ten oz bars or coins are what some stackers call the sweet spot !

[@dirceudepin7755]

hello, i need your help, i dissolved 16 grams of gold in the royal water i dissolved smb in the hot water and added to precipitate but kept boiling for 40 minutes and got only 12 grams of gold, tested with tin chloride and it was negative, but the solution it was still yellow, (no iron) sure, what to do to recover the remaining gold, and what could have happened in this excess of cooking?

[@sreetips]

Dirceu de pin I can’t help you. There’s so many things to consider I wouldn’t know where to begin

[@dirceudepin7755]

@@sreetips ok. understand, but thank you for your attention

[@sreetips]

Dirceu de pin did you dissolve 16g pure gold? If yes how did you know it was pure. Could it have been 18k instead of pure? Was there any residue after dissolving? Was there any base metals in the gold? The list goes on and on.

[@dirceudepin7755]

@@sreetips yes, i dissolved 23 gold or more, but what is leaving me in doubt is the fact that it is negative with the stannous test and I managed to precipitate a little gold with zinc, 0.16g, I will try to acidify with hcl and add more zinc in the solution , if I can get back to you, but I don’t believe that much. Greetings from Brazil! I’m using the Google translator.

[@sreetips]

Dirceu de pin what was the weight of the material you started with? What was the gold content of the material you started with?

[@visible2anyoneonyoutube]

Is that a 1911 I see?

*DO NOT BUY ANYTHING* even remotely tied to *CHINA!*

[@PerryArt420]

you would think , by now, everyone would know CHINA IS COMMUNIST AND HATES THE US....... Only Stupid IDIOTS want to deal with China... Check out the video about how Chinese act on Cruise Ship, What a shame. or the chinese parents that beat their kids up and down the street......

[@donniebrown2896]

Stay out of Wally Mart then, if you can force them back to the original business model Sam Walton built the business on the China will fail. Buy American, sell American. Good luck on that.

[@donniebrown2896]

@Guodlca China has actively and aggressively been buying mining rights all over the planet. Not all rare earth metals are mined in China. The most recent discovery of an extremely large deposit of rare earth ore was made by the Japanese. They and China are fighting over ownership, that's the reason China is in the process of building islands off their coast.

[@njanderson4342]

Thank you for all the invaluable knowledge.

[@kirbytrooper]

i mean....you dont REALLY have to damage the bullion right then and threre. the maple leaf has a really nice proof mark that takes a high high amount of machining to do and cant be replicated with plating. use a loop first before you go gungho into damaging a bullion

[@kirbytrooper]

silver ag argent. cmon fellow yank

[@jackbacic868]

a quick way to tell silver is to run a magnet across it there will be a drag then its silver no marking and quick.

[@orange70383]

The Canadian 1 oz .9999 silver coin is another great coin with security features. They also offer an ultra pure 1 oz .99999 gold coin.

[@sreetips]

They made a giant five nines gold coin in a KZbin video - fascinating

[@Sammeeee]

Beautiful Omega Constellation!

[@sreetips]

My wife got it for $300 at a yard sale - she is awesome!

[@Harlequin619]

How might I know the difference between plated gold and gold painted? Does it matter what karat of gold there is for precious metal recovery? Where should I go to buy silver and other precious metals?

[@fredericodal1278]

it's false that people don't take delivery on futures on silver. The market guarantees delivery if that contract is deliverable

[@bensmallwood8392]

Hey where do you get your Beakers and Nitric from I want to make a silver cell I have a lot for me of junk silver and a couple pounds of .925 that I want to refine and do my own experiments in my garage. I do my own pours and want to refine my own supply.

[@logical_evidence]

Ben Smallwood : try contact lab supplies, hard wears store. Some places don’t allow glass ware for general population due to idiots making drugs in their home.

[@bensmallwood8392]

@@logical_evidence I'm looking more specifically for brand names. My local stores don't sell Beakers or Nitric acids I've searched enough locally.

[@maplestacker3065]

Argent pur means pure silver in french argent is silver. Super nice coin wish i had one....

[@davedefrost2174]

He's smart, he guessing pretty close for almost a year ago, in hearing it will jump to $200 oz in the end of 2021

[@tuoppi42]

Non-destructive testing by measuring the density is somewhat realiable, but not 100% - remembering the tungsten filled gold bars from China.. Thinking about how to measure the density of a coin sized object - it would take some glassware, but making a (small) pool that has a thin overflow channel into a separate container might be precise enough to give pretty close overflow of same volume as the object being measured is (touch of soap to break surface tension?). Weigh the overflow and calculate the volume from there, then weigh the object and see if the density lands where it should be.

[@sreetips]

The weights and measures should be available to verify this coin. But I prefer the acid test. However, the only way to be absolutely sure is to refine the metal in that coin yourself - watch for the video.

[@joek511]

I'm investing in seeds. Much higer rate of return if planted. think of it, 1 pepper seed planted, 10 peppers grow, about 500 seeds per pepper. Nice return, 5000 to 1. Silver, gold, can't eat that last time i checked

[@sreetips]

Of course not. But just think of it.; if you store your wealth in paper dollars, that are decreasing in value, then you won't be able to buy as many seeds as you would if you had stored your wealth in metal, that is increasing in value relative to the dollar. Store your wealth in metal. Convert it to paper to buy seeds. A better rate od return.

[@joeberryhill06]

When people sell silver, there are a number of different options available. Spot price is the term used for a commodity if you were to purchase it physically right now. An easy way to remember this term is that it is the price for silver on the spot. In essence, the silver spot price is based on how much immediately delivered silver would be worth in a specified currency at any given moment. But because there is no single specific physical marketplace where people can bring their silver, the silver price is derived from the futures market using a formula that takes into account current interest and dividend rates and how many days until the futures contract is mature.

[@buggsy5]

That price is for buying one silver contract. I forget how many ounces that is, possibly 1000.

[@NightCapper13]

Spot price is the front month contract which just expired last Friday. The funds that wrote all those contracts will protect their interest by crushing the price and having their contracts expire out of the money for the buyers and they (the writers) capture the whole value of that contract. Now look for silver's next move higher in the current front month contract which would be April 2020. Doesn't have to be a big move yet but with all this "free" money being poured into the system I would expect it to expire around where most of the smart money wrote those contracts and gradually move higher over the year.

[@sreetips]

That world is completely foreign to me. I'm just an advanced beginner in refining who loves to look at that beautiful pure silver crystal. And maybe I can show Mrs. Sreetips a nice chunk of change before we depart the earth. 5000 ounces at $100 bucks an ounce is... Half a million! Boy would she be happy with me.

[@NightCapper13]

@@sreetips You are most definitely running the right play with physical metals. The paper market is for the sharks!

[@nathanlewis5682]

I buy silver from a jewelery supplier company. In casting grain form. I intend to melt it down to liquid form to pour into casting moulds like to make a 💍 or pendant.

[@davidgatzke8337]

You don’t need to file are take it out of the case If you have a sigma metalytics precious metal verifier it can test through the plastic

[@sreetips]

Cool! I’ve never heard of one of thise

[@davidgatzke8337]

There about $1500. To $2000. New

[@kwxj61b]

You pay $20 because it's called premium on top of the spot price. That big coin...does look so fake at first.

[@danielschultz7181]

wouldn't the first step to be to weigh it? I would think that if they dded brass, etc.. to it it would weigh off a bit unless they are really careful. maybe I'm thinking about it wrong or maybe they're close enough to not be able to tell.

[@sreetips]

I’m not sure if that’s good or not

[@danielschultz7181]

@@sreetips After I posted this I got to thinking and they already filled it to the correct weight. On second thought we could try to compare a known .999% pure silver coin to the same weight one with brass or some other fakery inside and see if they turn out the same size if the filler is heavier than silver it would have to be smaller to get the same weight. I'm just theorizing options to get an idea without having to deface a potentially expensive coin. just thinking out loud. but thank you for the response!

[@buggsy5]

@@danielschultz7181 You have to check both the dimensions and the weight.

[@trackpackgt877]

Awesome video as always but it was so hard to watch you file that coin it looked legit to me even though it was a 10 oz I've handled so many Eagles and Maple Leafs I can tell by the look and feel if they're legit but now there's so many better ways to test silver than a destructive test my local coin shop has an x-ray machine they will test anything for me even if I didn't get it with them because I have a good relationship with them precious metal verifier I believe it's called as much as you work with precious metal it would probably be a good investment for you. Good video

[@sreetips]

XRF - it only goes so deep. So a thick coating over copper or brass can fool it. I’ve researched the XRF. It was $1500 per week or $4500 per month to rent one. Plus a visit from local officials to ensure it’s going to be used properly. The device emits radiation.

[@sreetips]

I fixed the coin n a later video. I dissolved it in nitric acid for electrolyte for my silver cell

[@trackpackgt877]

@@sreetips I'll definitely have to check that video out and yeah for an xrf machine that's ridiculous I know u can get those Sigma verifiers for a couple hundred but they don't tell you what in it they just verify that it's real great videos buddy

[@Steelythestacker]

I just found a fake sterling ring tonight. It had a very thin plating of silver and was a yellow metal underneath.

[@sreetips]

Marked 925? In my experience, about 5% of 925 jewelry is silver plated over brass or copper. I remember when I first started fourteen years ago, I had a real heavy chain bracelet about a hundred grams. But when I threw it in the melt dish it didn’t want to melt. So I pulled it out and sure enough it was copper. Made a believer out of me. From then on I test each piece with schwerters solution (potassium dichromate dissolved in dilute nitric) before i commit any silver for refining.

[@brianhbinesh]

Is this silver going to be worth 3-4 times the amount you paid for it?

[@brianhbinesh]

Power 2 Weight ha yea not a good investment but fun to watch his videos. I can maybe see gold and silver being worth maybe 15-30% more but not 200% more

[@buggsy5]

In face value, certainly - due to inflation. In actual value, unknown but certainly possible. The known silver deposits will be depleted soon or later. As less is mined, the value of existing stocks will go up in real value.

[@DirtyPlumbus]

Tons of fakes out there. I generally stick to junk lots that have other things of value with coins and/or jewelry mixed in. Then I immediately do the magnet and acid test.

[@billk2045]

why not use neodymium magnet to test on silver bullion ? As with fake coins it will stick to them .

[@sreetips]

As a refiner, I prefer the acid test. The acid never lies.