How To Quickly Test Silver Bars

In this video, we look at various sizes of silver bars and talk briefly about premiums and how to quickly test your silver!

[@stephenspreckley8219]

Be aware that copper has the same effect with magnets, ie; it could be copper , plated with a silvery substance.....

[@willa2365]

Magnetic inductance is the property you're thinking of. The moving magnet creates a slight electric current, which in turn creates a slight, opposing magnetic field slowing the free fall of the magnet.

[@MidwestGoldSilver]

YES! That's the term, thank you!

[@randygreene5977]

Thanks. This is great info. I would like to see more.

[@MidwestGoldSilver]

More to come!

[@sandrastephens1030]

yes! testing silver is super interesting☺ I like the coin video too

[@MidwestGoldSilver]

Glad you enjoyed the videos. Thanks for watching! Stay tuned...

[@ILLUMINATOR49]

Helping newcomers with their education 👍

[@MidwestGoldSilver]

Thanks for watching!

[@ColoradoCarGuy]

Copper has the same effect with the magnet.

[@MidwestGoldSilver]

You are correct. The magnet test is a good place to start but I always weigh the bars and test them on the Sigma also. They should be able to pass all 3 tests if it's genuine.

[@booterbutler3693]

Hey! Yes, more how to test coins and bars!

[@MidwestGoldSilver]

I've got another video uploading right now showing how I test silver bars at the shop. Thanks for watching!

[@noicue8078]

Great video. Great info. 👍

[@MidwestGoldSilver]

Glad you enjoyed it. Thanks for watching!

[@muchomacho2504]

That is sooo kewl! You know I have to try it

[@MidwestGoldSilver]

It's a fun little experiment!

[@muchomacho2504]

@@MidwestGoldSilver I’d seen it done with copper; makes sense that with silver, the best electrical conductor in the universe, it would work even better!

[@kenpeters9807]

Very very good!

[@MidwestGoldSilver]

Glad you enjoyed it. Thanks for watching!

[@jamesferrell3328]

please show other tests. Thank you

[@MidwestGoldSilver]

Sounds fun! I'll do another video and show everyone what I do as a coin dealer to verify bars like this. Thanks for the suggestion!

[@vm.999]

great video!

[@MidwestGoldSilver]

Thanks for watching!

[@finaljudgment89]

Good testing

[@MidwestGoldSilver]

Thanks for watching

[@HackerStackerAG]

The property is called diamagnetic, and it's not attracted, it's repelled by a magnetic field.

[@MidwestGoldSilver]

Thanks for the clarification!

[@Janky2912]

The problem is most fakes are copper or an alloy of, and copper also shares this property

[@MidwestGoldSilver]

Yes copper will pass the magnet test. That's why I did a follow up video showing some other things to look for but the magnet test is a quick and easy way to check on the go... most of the fakes I have come across do not pass the magnet test but some do. I check with a magnet, weigh them and put them on the Sigma. Haven't had a fake pass all 3 tests yet...

[@musclesmouse]

I prefer 1oz rounds. Most Buffaloes are same size and can be tested with ping test.

[@MidwestGoldSilver]

I like the buffalo's too!

[@devvynp2195]

I purchased a stack of 1oz silver bars and recently noticed one said .999 fine clad is that a problem thanks in advance.

[@MidwestGoldSilver]

@devvynp2195 that's most likely going to be plated with .999 fine silver. I'd take it back to wherever you purchased it and see if they would exchange it. Thanks for watching!

[@devvynp2195]

@@MidwestGoldSilver thanks for the fast response

[@davelevy4394]

You have to be really careful, and have your local coin shop use a PMV tester (unless you have one). German silver will easily pass the magnet test, AND the ice cube test, but it is not even 5 or 10% silver.

[@MidwestGoldSilver]

I Sigma test everything but the magnet is a good place to start if you don't have a PMV and need to make a quick decision. Thanks for watching!

[@allcore5172]

Pretty sure something is wrong with your 10oz bar lol it kind of slid fast

[@kenpeters9807]

Does this work with platinum and/or gold

[@MidwestGoldSilver]

As far as I know, it only works with verifying silver.

[@martywebb1487]

Is it me or did tht 100 ounce look like they just smash molded 2 50 ounces that line in the middle shouldn't it have been missing like no line it looks like 2 bars supposed to be whole right no break line

[@MidwestGoldSilver]

Interesting observation. Thanks for watching!

[@martywebb1487]

@@MidwestGoldSilver I have seen 3 real 100 ounce bars and they didn't have that split line Mayne diff maker looks off tho

[@brenthite3484]

Copper will resist also..

[@Edward-tm1dm]

Use an ice cube. It will melt pretty quickly.

[@MidwestGoldSilver]

Might get a little messy but yes, that works too!

[@davidfaria6194]

Disagree with you just because it doesn’t say 999 doesn’t mean anything because fake silver could have that on it as well. I don’t believe Eagles say 999 fine silver on them do they

[@MidwestGoldSilver]

Buy whatever you like, I'm just recommending that when buying bullion it should be stamped with the purity. If it's a collectable coin these won't usually be marked with the purity, but bars and rounds should always be marked. If it's not marked you're taking a big chance and it's not going to be as easy to re-sell even if it is silver. American silver eagles all say 1oz Fine silver on the back...

[@denster274]

All of the chinese fake 1 OZ bars will say 999 fine silver and since they are copper inside will influence a magnet the same as silver. Get an inexpensive ultrasonic tester and be safe.

[@MidwestGoldSilver]

I use a Sigma Metalytics Precious Metal Verifier Pro among other things to verify in the shop. The magnet test is just a quick and easy method to help eliminate fakes when out at yard sales, etc. It's not 100% but you might be surprised how many fakes a simple magnet will catch!

[@jjshoot2425]

so ,,the 100 oz. bar is fake --?

[@MidwestGoldSilver]

Actually it's 💯 legit! If the magnet falls right off... is a fake. If the magnet sticks... it's fake. If it slides down slow it's good to go on to the next test. The magnet didnt actually stick, it just kinda got snagged on some of the lettering and design elements on the bar. I'll be doing another video to show everyone how I verify bars when they come into the shop. Thanks for the comment and thanks for watching! Stay tuned...

[@martywebb1487]

Feromagnetic

[@bigttoe101]

A nine minute video just to say to use a magnet! Come on man give us more ways

[@joegoedhart1259]

You wasted 7 min of a 9 min video to get to the point 😮