Jump to content
  • The above Banner is a Sponsored Banner.

    Upgrade to Premium Membership to remove this Banner & All Google Ads. For full list of Premium Member benefits Click HERE.

  • Join The Silver Forum

    The Silver Forum is one of the largest and best loved silver and gold precious metals forums in the world, established since 2014. Join today for FREE! Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. If you have any questions whatsoever about precious metals collecting and investing please join and start a topic and we will be here to help with our knowledge :) happy stacking/collecting. 21,000+ forum members and 1 million+ forum posts. For the latest up to date stats please see the stats in the right sidebar when browsing from desktop. Sign up for FREE to view the forum with reduced ads. 

Testing your gold


RandyGold

Recommended Posts

So, although buying my gold from known dealers, at the back of my mind ive always wanted to prove what im getting is the real thing. Ive seen the vinegar test ( is that a real test ) or using a magnet which i understand. 
 

what do you all do? 
 

cheers Paul

Link to comment
Share on other sites

I recommend you invest more time reading about fake gold coins and bars and how they are spotted.
There are many Youtube videos to watch.
If you are asking whether vinegar or a magnet are good tests then stick rigorously to well known main dealers and fellow forum members with good feedback.
 

Link to comment
Share on other sites

I'd echo Pete's sentiments; if you want peace of mind, a combination of education, trusted sellers and testing methods have to be used together to protect your investment. 

For sovereigns, using an old school sovereign balance is still one of the best ways to detect incorrect gold content (doesn't detect jewellers copies) and the principles utilused are the same as the Fisch (at a cheaper price). If you have a large and varied coin collection then a set of Fisch is probably a good idea.

The more you spend on detectors, the less goes towards your stack but stopping single fake often means a detector pays for itself. A grand on a PMV might be worthwhile for a large stack, same goes for an XRF if you're  a dealer. 

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Cookies & terms of service

We have placed cookies on your device to help make this website better. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use