Coin Type
$Face Value
Weight (g)
Composition
99.9% silver, 0.1% copper
Ag ozt.
Ag Value
Melt Value
There are a number of different ways to check weather a bar or coin is silver. A simple test is to use a strong magnet, sometimes these are called 'Rare Earth Magnets'. Since silver is not magnetic if you bring the magnet to the metal and the magnet ‘pulls’ towards the metal or sticks to it the coin or bar is not silver. Silver also has a 'diamagnetic' property that you can test for. This property can be demonstrated by holding the bar or coin at a forty-five degree angel with a table and 'dropping' the magnet from a short distance onto the coin or bar. If the magnet slides down slowly(with resistance) as apposed to quickly it's probably silver. Silver also has an audible harmonic residence so when tapped while being held loosely a ‘ping’ will ring out as a posed to a dull thud.
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A scale is highly recommended. In expensive digital scale can easily be found. You might want to find one that has a “Troy Ounce” unit selection for easy conversions. Digital calipers can also be found and can be useful in verifying coins are within their mintage dimensions. Knowing the weight of your bar or coin you can use silver’s specific density (sometime called specific gravity) you can determine if it is true to its indicated fineness.
The bulk of counterfeit coins, rounds, and bars are coming out of China and you should always try to use a trusted dealer. When reading listings be aware and avoid those with the labels of “mils or mills”. These refer the thickness of plating and not for the purity of the bar or coin. An example is; “10 troy ounces 100 mills .999 Fine silver” is a 10 ozt bar only plated with 100 mills of 99.9% silver.