CHECK THIS OUT. The hobby took a big hit when the Hunt brothers tried to corner the Silver market and silver hit $50.00 an ounce. I certainly would not buy bullion online unless from an established company.... then go shop directly inside BM store, not likely an established store would jeopardize a businesswith fakes..some fakes or so clever only a destruction test could show a fake and how many of us would destroy bars. fake 100 oz. I have now told NTR Metals that i will never deal with their company again.

silver bar from china Oct 10, 2013 2:25:25 AM. Share best practices, tips, and insights. Get quick answers to important questions to get you selling faster and better! They are reported to weigh the same as real bars, and to be virtually indistinguishable from real bars. There is that collector mentality again where a collector want every version of something. Start, by purchasing the silver acid test kit. The guy at NTR metals went away and then called me back that same day with a much higher reading on the Assay stating he had re melted the gold, in fact it was around in money terms £250 more than the previous assay.

Should I be worried about fakes when buying in store?

However, keep in mind that just because the magnet does not stick does not necessarily mean that it is silver. Goodluck tho. Always a good idea to pay extra attention to buying secondary market products though, even from dealers. Silver basically costs the same in every country in the world, why people believe they are giving it away in China is unknown to me. The scrapper claimed NTR was under paying on the delivered scrap. Many times they don't think that the larger companies will do business with them for one ounce at a time. This has nothing to do with NTR's end product. 100 Ounce Silver Bars See our page on lead-filled 100 ounce silver bars for the full details and pictures. If it sticks or it slides very quickly, it is not silver. But yeah specific gravity test to be sure, Please do.

Once I got home I noticed 2 were different from the rest and started doing some research since I know they are notorious for fakes.

I have also never seen or heard of a fake NTR bar. Ask the buyers. I used to have 1000 of them and sold them all, along with my Franklin Mint stuff, years ago on eBay. Apparently, at some point in the 1980s, it was discovered that some 100 ounce silver bars were drilled and filled with lead.

Give support, share information, and connect with fellow members. Press J to jump to the feed. The scrapper claimed NTR was under paying on the delivered scrap. Some of the most valuable to collectors were what is called error bars. Many one ounce silver bars sold for over a hundred dollars when silver was only $5.00. I picked up some Predator series silver rounds produced by the Royal Canadian Mint because the production numbers are relatively low which will make them worth more than face if the series catches on. First, try the magnet test. Because of the low numbers produced. Also a set of digital calipers would be a good idea too. I wanted to post a personal and heart-felt THANK YOU to this entire r/Silverbugs community. Press J to jump to the feed. /r/Silverbugs is a forum for people to come together and share in a community of forward thinking silver enthusiasts. I know nothing about buying silver, so I looked this up,  but why would someone pay $24 to buy silver from a random stranger on Ebay, when you can buy them from SIlvertowne directly for $23?

My guess is the silver is fake. i guarantee when you cash it in you will lose your behind. Don’t let uncertainty sour you on PMs and always look to the community for advice because this is the best resource I’ve run across yet for questions and support. I hope it helps. unless you are an expert or have consulted an expert.

While it is not a big as before, it is still alive and well.

I actually took jewellery in to NTR once as i did not have time to melt it into a bar, well i came away that day with around a £700 loss as the assay NTR Metals gave was so low! Bars like that have zero numismatic value, and so this will not affect their salability or value. Bought these from my LCS a couple days ago. If you are testing bars, you can angle one at 45 degrees and let the magnet slide down. They look fine to me. We call this the 09 S VDB rule...know what you’re doing or don’t do it. I was fuming! I'm concerned about the one on the right, which was in a plastic case.

The 2 bars side by side are in question. One looks really squirrely. ... As for fake bars of silver being sold out of China, nothing new there. I would like to see all tw versions but there isn't a picture like that on the Internet I could find. Each part was sent separately to NTR for refining and the payout for each piece was different.

I received two One a Ounce Silver Bars today, supposed to be .999 pure silver. Fakes do sometimes show up in pawn shops and at coin dealers who buy from the public and aren't aware of how many new counterfeits have come out in the last few years. Silver Art Bar collecting goes back over 50 years.

If nothing happens or the melting occurs very slowly, you have purchased a fake. New comments cannot be posted and votes cannot be cast. Generally not an issue buying new products from major dealers. Or maybe someone else can explain more exactly how to do those tests. Press question mark to learn the rest of the keyboard shortcuts They are two grams overweight, don't pass the "ping" test, and failed the ice melt test. buy from them direct on here not from joe smoe. Or, they have money to burn. $180 on Amazon.

I've never bought silvertowne bars before but they showed up at my LCS today so I picked up 5. That said, those bars look fine and I’m sure they are but the fact that you’re uncertain means that you need to narrow your net range. silver bars [must see counterfeit ]. ST shows the newer artwork on their site: https://www.silvertowne.com/p-25921-silvertowne-trademark-10oz-999-silver-bar-3pc.aspx. If there is, it's fake. It spotted a fake gold coin and silver bar for me where ice, weight, etc all passed. Shoot, I'm concerned about them both actually! Best of luck to you and if you ever have concerns feel free to contact me. While it is not a big as before, it is still alive and well. https://www.fakebullion.com/index.php/component/k2/item/15-silvertowne-1-ounce-silver-bar, Thanks. Provident shows the older artwork in their photos: https://www.providentmetals.com/10-oz-999-fine-silver-bar-silvertowne.html. Authentic silver bars will never be attracted by a magnet. A large number of the bars were melted down.

Sorry if you were one. Only buy silver town , scottdale,MCM, alydin may have miss spelt last one. The only fake 10 oz silver bars I am aware of to date (beyond rough stuff with only Chinese characters on it) are 10 oz Engelhard, 10 oz Scottsdale Reserve, and 10 oz NTR 2013 Snake bars. Also once I figure out how to post more pictures I will do that forsure, semi noob poster here:p. If you bought them from your LCS then I wouldn't lose any sleep, if a shop were caught selling fakes to make a quick buck their reputation would be shot! Many of you probably read about the USPS incident with my Silver Spot Squares contest winner yesterday, where the USPS "lost" the contents of the winning package (140 ounces of silver). silver bars. They don't do their homework. If your bullion is genuine silver, the ice should start melting immediately due to the stored heat of the silver. Silver Art Bar collecting goes back over 50 years.

You guys are the best, bar none. There's a 10 bar counterfeit  SilverTowne sheet up now and closing in 11 hours with a $201 bid. Press J to jump to the feed.