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