[INFOGRAPHIC] How-To: Test for Counterfeit Gold and Silver

By Admin
Share
Arguably the most important aspect of buying gold and silver is verifying authenticity. Without it, youre getting taken to the cleaners.The following in...

Arguably the most important aspect of buying gold and silver is verifying authenticity. Without it, you’re getting taken to the cleaners.

The following infographic reveals the various types of counterfeit scams as well as simple tricks to identify real gold and silver. In addition, helpful tests are included to ensure you’re buying the real thing.

Helpful clues

Make sure to understand how the  various tests for recognizing fake gold and silver work so you can use them when needed.

Buy from reputable sources. If you're on eBay or Craigslist and the prices look too good to be true, they are. It's just the way the cookie crumbles.

Recognize new technology. Many of the Mints are adding security features to newer products in an effort to prevent counterfeiting. Learn what they are and how to spot for fakes.

While these are only tidbits of information, they could end up saving you an immense amount of cash. Don’t learn the hard way.

If the infographic doesn't help here's a visual explanation for testing gold and silver.

Share

Featured Articles

Rio Tinto completed its US$6.7bn acquisition of Arcadium Lithium, making it a key company in raw materials mining for batteries in the energy transition

Intel first began to work towards responsibly sourced conflict minerals from the Democratic Republic of Congo and adjoining countries about 12 years

International Energy Forum says mining is the 'paradox' at heart of quest for clean energy but recognises the industry is addressing sustainability issues