Identify Fakes: An Expert Guide to Gold/Silver Bullion


A terrific approach to diversify your portfolio and reap from the potential appreciation of precious metals is to invest in gold or silver bullion. Yet, it’s vital to ascertain that the investments you make are genuine. After all, there is always a chance that you will make an unauthentic purchase while.

Assessing the Packaging: Clues to Real or Fake Gold/Silver Bullion

  •   Look for any misspellings, errors, or discrepancies that can point to a fake. Authentic gold and silver bullion will usually have branding and labelling.
  •   Also check that bullion is typically packaged in high-quality materials with sharp points and straight lines.
  •   Multiple producers of gold and silver bullion integrate security elements such as holographic labels, serial numbers, or tamper-evident seals into the packaging of their products.
  •   In addition, compare the packaging’s weight and dimensions to those that the company suggests.

Ways to Verify the Authenticity

  •   Visually evaluate the bullion to look for any markings, flaws, or anomalies that would point to its authenticity.
  •   Using a magnet test If your bullion sticks to a magnet, it certainly isn’t real because gold and silver are not magnetic.
  •   Utilise a purity test kit. These tests use a chemical reaction to check for the presence of other metals.
  •   If you are still doubtful about the bullion’s genuineness, contact a respectable professional appraiser who can perform a comprehensive inspection.

How to Salt Test a Bullion

  •   Put a modest quantity of bullion—such as gold or silver—in a non-metallic container.
  •   Two tablespoons of water and one teaspoon of salt should be added to the container, and it should be stirred until the salt dissolves.
  •   For at least 24 hours, keep the container in a cool, dark location.
  •   If the colour of your bullion changes, it may be false or contain an additional metal alloy
  • If the colour of your bullion does change during this procedure, you almost certainly hold a fake.

Tags: Real or Fake Gold/Silver Bullion