Avoid These Fake Silver Bars! We show you how!

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Published 2018-02-01
DISCLAIMER: ModernCoinMart (MCM) did not produce or sell the fake bars seen in this video. MCM is a trusted dealer in the industry with a strong BBB rating and 99.8% positive feedback score on eBay on over 650,000 transactions. Customers can feel confident when doing business with MCM given their proven track record and expertise in the industry.

We had some fake MCM Silver Bars come in to our store. We show you what to look for, how they test, and the things that really show why they are fake.

As pointed out in another comment, this video does not show the magnet test, but the fake / counterfeit bar is not magnetic in the least. Its a mostly copper core.

All Comments (20)
  • @71avalon36
    1:19 That bit about the packaging makes a lot of sense. A legitimate company wouldn't pack like that out of fear of the bars moving around and scratching each other.
  • The sound of silver makes my heart sing...Those mcm bars sounded like plain clanking...
  • I'm lucky, I live in Perth, Australia, home of the Perth Mint - I buy from them direct in store so no possibility of fake metal
  • @bambam6638
    Thanks for helping the community how to tell good silver from bad. Thanks for sharing!!!
  • @goneutt
    Silver sounds different. That’s how I find silver quarters in my change.
  • @kirkboswell2575
    Just an FYI for one and all. All banks and banking institutions used to have marble slabs at every teller's window. The reason for this is because real silver will "ring" when dropped onto a hard surface and marble magnifies that "ring". Not done much anymore because none of our coins are silver, but when we did have silver coins, this was a down and dirty quick check. Gold used in coins was nearly pure 24 carat, and the test for that was to see if it can take a mark easily. That's why the old movies have the pioneer biting the coin before accepting it. If it was soft enough to take a tooth mark, it was real gold.
  • @actionman9357
    Thank you for this video! It does help many to be careful and KNOW your sources when buying precious metals!
  • @LithicMetals
    I just had a fake gold bar pass through the lab. Def open the packaging and test the piece if there is any doubt whatsoever. Great vid!
  • @miiitymous
    They don't sound like silver. Silver makes a distinct sound.
  • @shazwanmanjung
    You are loving person..cause sharing is caring..keep it up!!
  • @Rocknranchman
    Great demonstration! I always wondered about how those acid test work! Thanks for posting it!👍
  • Great video for the beginner. Thank you for doing the acid test for silver. I understand it now.
  • @TrevorHoneyball
    I've never seen silver packed like this! They usually come packed in one bag like this, but each silver bar has its own compartment! The colouration and blemishes on those 'fake bars' also would ring alarm bells with most people....
  • @jimstein8249
    Did anyone also notice that the fake bar weight said " 1ounce" but the real one said " one Troy ounce" I came across this fact over 35 years ago! Also I made sure that every time I purchased silver I always left the store with it in my possession. The store owner also offered to store my silver in his vault, I declined. Some weeks later I returned to purchase more and found the store closed with several other people who had stored their silver that was obviously gone! Some had prepaid for their order and also lost it all. The store owner cleaned out the vault and disappeared only to be caught a couple months later claiming to be broke! PURCHASING BULLION WILL ALWAYS BE A GOOD IDEA BUT DO IT WITH EYES WIDE OPEN!!
  • @jagwolf8944
    Thank you very much for educating us. We truly appreciate the information. Can’t imagine how many people have been ripped off.
  • This video was PACKED full of great educational tips. Very nice. Thanks to the makers
  • @aaronadams01
    The nice thing about gold and silver is they have a distinct specific gravity, so it's almost impossible to create the perfect weight while maintaining the correct dimensions for a 1 ozt. bar. Another way to tell is to use a pair of calipers to measure the bar. I live really close to a precious metals mint, so I buy all my bar and coin from them. Never a fake. Great video.
  • Thank you for teaching me something very important to know about silver thank you
  • @andrewclure203
    Very interesting and informative. Thank you guys for sharing!