Pass a magnet over the bar and see if there is any attraction between the bar and magnet.
New entries in the Fake Bullion Database can only be viewed by donors for the first 60 days they are listed on the website. They are mostly either 99.9% or 99.99% silver. If we can raise awareness in this forum, we can reduce the risk of buying/selling fakes from/to one another. Basic engravings featured on the bars obverse side.
While these markings can be faked, missing or incorrect markings are a clear sign of a cheap knock-off. Investment grade silver products are Fine silver. This can be difficult since most households lack such magnets.Find another (ideally smooth, soft, and non-abrasive) metal and gently strike it against your metal bullion.
If you have bought one recently, make sure you weigh it. Also: The real bar has a rounded dot in '.999', whereas on the fake it is square, The real bar has a rounded 'G' in 'ENGELHARD', whereas the fake has a right-angle. 1 oz Silver Bars. FakeBullion.com LLC makes no guarantees about advertisers and is not responsible for any third party transactions. One relatively easy and fun way to test your silver bars and coins is to place a cube of ice on them.
Plated silver is almost worthless. Unlike the 1996 US Silver Eagle, a meaningful percentage of these 1oz Engelhard bars were melted during the 1979/1980 silver spike. Not only did they fail the ping test but they all weighed in at 28.9 grams.Again....these are counterfeit silver rounds! I got ripped off and lost a lot of money. it ran only in the 300,000-700,000's. The letter P is used to denote poured bars, and the letter C is used to signify stamped or cast bars. GainsvilleCoins says: "Most, if not all, of the 100 ounce Engelhard Silver Bars have unique serial numbers. After 60 days those entries can be viewed by the general public. By submitting you agree to be contacted by American Bullion via mail, phone, text or email. ETA on them is around 70 days. *It is important to know that there are no fake silver bars, coins, or other products that can fake industry-standard silver alloys.When it comes to bars and coins, the markings should include weight, purity, serial numbers, sometimes even mintage year. However, regardless of where you turn 1 oz silver bullion bars remain one of the most popular bullion products on the market. It would not make much sense to make fake Engelhard silver bars for $120 that you could only sell for perhaps $140. If your silver is real, you will hear a definitive “ping” sound reverberate from the collision. I'm issuing this warning to keep others from falling into the same trap that I did.Op, did you file a snad complaint for a refund and leave that seller the appropriate feedback and dsr's?Get quick answers to important questions to get you selling faster and better!So please, DONT BUY THESE PROSPECTORS!
All information presented on FakeBullion.com is for entertainment purposes only. Right now, 100 oz Engelhard Silver Bars are available to purchase online from JM Bullion. For the best results, try melting a second cube on a different kind of metal, such as copper, steel, or aluminum.Most fake silvers use a thin silver plating to achieve the same shine and, to a much lesser extent, the same conductivity.
Some sellers are offering them for $2-$3 over spot so they can unload them quickly. The counterfeit bar lacks a serial number.
You might be shocked to realize that your 1oz silver round is actually much less than 1oz.I recently bought several of these and I instantly knew that they were fake once I had them in my hand.
If there is, it's fake.
The premium often reaches $6-$8 over spot.
One in particular is the 1oz Engelhard 1984 Silver Prospector. Sterling-quality silver is 92.5% silver. First, try the magnet test. Even at room temperature, authentic silver products will melt the ice at an exceedingly rapid rate. Due to their rich history, Engelhard’s products have always commanded heaps of respect in the precious metal market. Donations, advertising, or any other payments do not grant insurance or recourse of any kind. There are many fake silver bullion products being sold on Ebay. The answer to that question is that some Engelhard bars (mostly scarce old pours) have a high collector premium.
According to All Engelhard, this style bar (portrait, wide "E" at top of globe logo, "MC" absent) was produced without a serial number, but the mintage was fewer than 2000, compared to a … Test Method #1: Silver Melts Ice The difference between the two is stark, but differentiating can be challenging for the untrained eye.