Knowing how to test gold for authenticity could save you a lot of hassle and, most importantly- money. A prospective buyer can test the authenticity of a coin by stacking it up with coins from the same series. 83616-9120. Care should be taken with this method, however, as gold is not the only non-magnetic metal and it a fake coin could well pass this test. SmartPhone Apps to Help Test Your Gold & Silver Investors with an iPhone can also install the CoinTrust application and test a short list of the most popular silver and gold bullion coins by gently spinning them on a hard surface with the phone’s microphone positioned nearby. Real gold is not magnetic nor does it float in water. One of the most obvious when you handle gold is the density, or specific gravity. with the same thickness and diameter as a real one would be noticeably lighter. Precious metal prices can be volatile and the value of your metal may go down as well as up. In our example the coin is almost certainly real gold and probably a 24K gold coin. By using our site, you acknowledge that you have read and Large gold bars are more likely to be faked through gold plating. A pure gold coin has a density of about 19.3 g/cc (grams per cubic centimeter) if it's 24K gold and about 18.5 g/cc if it's 22K gold. If you are able to, you know that your coin, bar, or jewellery is made from, or at least contains, one or several other metals. Call today or request a quote online. Dragging your gold over a ceramic plate is another quick and uncomplicated way to test your gold. We use cookies to give you the best experience on BullionByPost.co.uk and to customise marketing content.By continuing, you agree to our use of cookies - find out more here. The first gold coins were made from electrum, a natural alloy of gold and silver found in the region’s rivers. Bullion coins are made to a set of specifications, giving you a reference point to test the authenticity of Simply draw your gold across an unglazed ceramic plate, applying slight pressure. This makes sure that the gold coin you are purchasing is 24-karat i.e. Money Metals Exchange was named Best in the USA because of our high-quality educational content, great pricing, and white-glove customer service. Acquista sul nostro sito italiano pagando in Euro (€), HIGH DEMAND: View our range of LBMA approved gold bars, Click here for more information about the LBMA. However, counterfeit bullion does exist and it is possible that at some point you may come across it. Any of these businesses will be happy (for a fee) to tell you if your coin is the real thing. Unlike most metals, gold is not magnetic and a real gold bullion coin, bar, or piece of jewellery will not stick to a magnet. Similarly, a fake gold Britannia Other collectibles, like artwork, take longer to sell, have a smaller customer base, and will likely entail a big commission. If you have any rare coins, your next important move will be to get … You may submit coins through an NGC Authorized Dealer, who can help screen your coins and answer any questions you may have. Luckily, due to gold’s unique properties, accurate fakes are incredibly difficult to make and there are a few easy tests you can do at home to tell if your gold is real. 941 5123 47. We offer Bullion Authentication services to our clients, testing any and all of your precious metal coins and bars. A few of them offer an official certificate of authenticity if you ask for it. Safely package your coins for secure shipment to NGC. agree to our, How to Test Gold & Silver at Home: 5 Proven Bullion Testing Methods, Using a Fisch Tester to Reveal Counterfeit Gold Coins, SmartPhone Apps to Help Test Your Gold & Silver, Test 4: Thermal Conductivity Testing for Silver, 3. Typically they are too high or much too low. your gold. In order to conduct a legitimacy test, drop the gold coin or bullion hard on the surface and check its sound. 06758398 VAT No. Pricing for precious metal numismatic products (e.g., palladium, platinum, 24-k gold, 22-k gold) varies by the average cost of the underlying metal. We do not offer investment or tax advice and recommend that you conduct your own independent research before making any investment decisions. Privacy Policy. Conversely, if you apply acid marked for 22 carat gold to your 24 carat bar, you know that your gold is at best 22 carat gold, and maybe not gold at all. † Minimum order values apply: Refer to Delivery Options for more information. If it’s genuine gold, then it will immediately sink to the bottom of the cup. Sale ends 13/01/21. If the coin’s plastic packaging displays a registration number from either the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corp. (NGC), then it’s been deemed authentic. Care should be taken with this method, however, as gold is not the only non-magnetic metal and it a fake coin could well pass this test. How to Identify Fake U.S. Gold Eagles. Our gold bullion bars are manufactured by LBMA approved refiners and our coins are checked thoroughly for their weight, metal, and authenticity, and can therefore assure you quality and reliability. To avoid the risk of spending your money on something that is not real, we’d recommend you always buy your gold and silver bullion from a reputable dealer like BullionByPost. Companies such as PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation) offer authentication services. Visit the Bullion Dealer Locator to locate a dealer – bullion coins are not sold directly by the U.S. Mint. Trusted for over 18 years. We recommend that you use the magnet test alongside one or several of the other tests mentioned in this article to be sure. There are gold dealers in just about every major city on the planet. * Source: Experian Hitwise - UK Internet Visits (January 2019 - January 2020). All other eligible World coins can be graded under NGC’s World Coin program. A fake one ounce Britannia, for example, would Click here to learn more about buying gold safely. And in a crisis, gold will be in high demand. Al momento sei sul nostro sito UK. We aim to dispatch all new orders within 2-4 working days - Click here for more information, Call us: 0121 634 8060, 7 days, 7am - 10pm. If you are able to, you know that your coin, bar, or jewellery is made from, or at least contains, one or several other metals. Authenticate Your Rare Coins. Criminals find it much easier and more lucrative to counterfeit paper money - paper can be bought cheaply and just need very good printing presses. Coin grading and authentication emerged as a solution to rampant counterfeiting and coin doctoring in the collectible coin industry. With our team of renowned experts in vintage and modern U.S. and World coins, PCGS has built the most trusted brand in coin grading and authentication. | If the attribution of die varieties is requested, the coin may be sent to a specialist for evaluation. Try to pick your gold coin up with a magnet. Pricing for bullion coins typically depends on the market price of the metal. Welcome to NGC Ancients, a branch of Numismatic Guaranty Corporation devoted to ancient coins. “What does it cost to authenticate a rare coin?” is a very common question. Wide variety of investment-grade bullion, gold coins, collectible gold pieces, and more; Easy to compare prices across multiple vendors; For 95% of people, these online dealers present the best way to buy gold in the United States. From an identification made from an image you email to us,to a full report with certification,we have a service to answer your questions and satisfy your curiosity. One ounce 24k gold coins, such as Canadian gold maple leaf coins, should weigh 31.1 grams. View our range of LBMA approved gold bars You can find a listing of coin authentication services online at Coin Club.com (see Resources below). 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