Are you into collecting silver? Many people see the beauty of silver and they buy this metal for collection or investment. When buying precious metals like silver, it is definite to be very fussy because there are supplies on sale that are either fake or replica. If you hope to buy genuine silver, here are a couple of helpful tips.
Confirm The General Characteristics Of Silver
Silver can come in different forms. It can be bought in forms of coins, bullion, jewelries and bars. Before hunting for silver, you need to know what forms you are interested to invest in. If you are into coins, check all the details like the characters of the coins, the lettering and the images. Reading is your best friend. It will assist you understand the coins better. Fortunately, today, so many resources online are available will help you in your quest for silver coins and bullion. These resources will give you in dept understanding of the coins you are interested in investing. For example, you like to invest in American silver eagle. Basically examine it online and you will know its general characteristics. You will know that it features the walking Liberty on its obverse and the heraldic eagle on its reverse. You will also find that the mass of the coin is 31.103 grams. Its diameter is 40.6 mm and its thickness is 2.98 mm.
On the other hand, if buying jewelries, check the silver for markings. Usually, sterling silver is marked with S.S. Plated silver is marked as P.S. With silver bars, you can check the markings and the weight of the bar. If you are using your bathroom scale, the100 ounce bar weights 6.86 pounds.
Quick Test For Silver ? Nitric Acid
According to examination, Nitric acid reacts with most metals. It is an agent most commonly used in acid tests. It can tarnish silver. Also, nitric acid is used by many charms shops to check if the metals contain low-gold alloys.
When performing this test, place a drop of acid on the metal to be tested. The acid will bear a creamy color if the object is 90 to 100 percent silver. The acid will turn a gray color if the object is 77 to 90 percent silver. Finally, the acid will turn to a light green color if the object is 65 to 75 percent silver. Nonetheless take caution when using nitric acid because it can burn the skin and work domain.
Quick Test For Silver ? Magnet
Buy a magnet. Confirm if the article will stick to the magnet. By and large, sterling silver will not stick to a magnet. Then again, this test is not perfect. This can only be used as secondary testing.
Buy From Legitimate Merchant
If you are not sure how to test the silver, you can simply good buy from a legalized marketer. You can buy in a local jewelry shops or an online store that has been in the business for many years. Certainly, they will not compromise their trade name by selling fake products. Even more, when buying online, see how the shipping and payments are made and if the item is covered by insurance.
Silver is a very interesting metal to collect. Its amount is stable and it serve several applications. If buying silver, consider the tips above so that you will not be victimize by swindlers who will entice you to buy fake silver. Hedge yourself and buy only from reputable sources. Do not settle for cheap price because you will also get cheap items. Know the existent worth of your items. Be a wise buyer.
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Source: http://www.123designer-jewelry.com/gold/silver-for-investment-four-tips/
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