Tips on How To Check If It’s Silver

Being able to tell if a coin is actual silver or not is extremely important for collectors. Even people who are not collectors, but enjoy coins & rare coins can see the benefit of being able to tell if a coin is silver. Too many times have honest individuals been swindled by fakes and non-authentic coins. In fact, there is a whole industry of those who devote their time to producing and making money off of fake coins. Protect yourself with the following tips on how to check if it’s real silver coins.

First, check the details of the coin itself and the mint date. Many times, the fraudulent coin will have the details the way they should be. An example that many dealers like to point out is the coin’s reeding. Does the coin have reeded edges when it should not or vice versa? Also, does the reeded edge just not look right? These are warning signs that the silver coins might be fake and should be examined by a reputable dealer.

Checking the mint date of a coin is equally important. This is another detail that most counterfeiters will not get correct. The date of the coin is a detail that can easily be checked and verified. First, you can visit a reputable coin dealer, such as Kent Gulley from Sarasota Rare Coin Gallery. Any dealer worth their salt will be able to spot a counterfeit coin after properly examining it.  You can also check this detail yourself. All that is required is for you to visit the CoinTrackers or the United States Mint website for more information.

These are just a few of the tips a person can utilize to check if their coin is silver. There are many more useful tips which we will be exploring over the next few weeks. In the coin industry, it is vital for the buyer to be armed with knowledge to protect themselves for fraud and fraudulent coins. Coin collecting is a favorite hobby and wonderful past time for many and I hope that one day collectors will not have to worry about counterfeiters.

Sarasota Rare Coin Gallery is located in sunny Sarasota, Florida at 640 South Washington Boulevard just north of the 301 and 41 spilt. A full service coin dealer, they have complete knowledge of all things relating to coins. Some of their many services include silver & gold coins, auction representation and want lists, dealing in bullion, rare coins, modern coins and much more! They can be contacted by phone at 941-366-2191 or 800-447-8778. By email they can be reached at Sarararecoin@aol.com.