If the coin has a solid silver stripe, then you can feel confident that it’s silver. A more subdued silver stripe with faint traces of copper could mean that the coin is … Most bullion is marked with ".999," or 99.9 percent silver content. Use a magnifying glass or jeweller's loupe to get a clear image of the mark. If you buy standard silver bullion coins, your investment is tied directly to the price of silver. Sterling silver, globally known to be 92.5 percent silver, will be marked with "sterling" or ".925" somewhere on the object. FIVE WAYS TO SPOT A FAKE COIN. Get the most value when you sell your foreign coins. Dime Nickel Quarter Half Dollar … ASW means actual silver weight. Many of these coins are silver coins and a few are gold coins. Whatever your reason for collecting, start by figuring out exactly what type of coin … Gold, silver, and platinum are not magnetic. Once you know the name of the coin, i.e. Precious Metals Aren’t Magnetic. Inspecting a Coin in a Coin Folder Image Courtesy of Getty Images To start the process of evaluating the coin collection that you inherited, you need to get your arms around the size of the collection. The second step is to purchase a scale and see if the coin matches the same minted weight. If the item has an inscription of “ster” or “sterling” that means the silver content in the item is at 92.5 or very close to being pure silver. Looking a coin up in a reference book will tell you the ASW or actual silver weight of the coin, as well as the percentage of silver. EC8 Series The leading program of silver and gold coins from the Caribbean region is the EC8 Series from the Scottsdale Mint. All U.S. silver dimes, quarters and half dollars minted in 1964 or earlier contain 90% silver. However, silver is not magnetic. If you can see a copper stripe, then the coin is clad. Determine the country of origin. Pingback: Tip of the Week: Two Easy Ways to Find Circulated Silver Coins. I explain what coins where minted in silver and how to tell. Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin … If you can see a copper stripe, then the coin is clad. But, yes, some silver dollars are worth much more. Identify your old foreign coins by looking for mint marks and other signs of the place of origin. Silver coins have a higher pitched sound and ring to them, while non-silver coins have more of a dull thud. Flip the silver item over and search for a hallmark or any kind of imprint. Whether your intent is to sell silver coins or purchase them to expand your personal collection, it is helpful to be able to tell the difference between silver and clad minted coins. Coins with sharp images and clear legends are always more valuable than coins that are worn or misshapen. Currently sterling silver is labeled as a mix of 92.5 percent pure silver and 7.5 percent copper. Ascertaining a coin's value is dependent on how well the coin was struck initially, the coin's a level of preservation, and how much wear and damage the coin has sustained. Be careful when doing this with whatever coin you are testing so as not to ding or damage it. This is a fun test: Take two ice cubes and place them on (1) a silver coin you know to be real, and (2) a coin you suspect may be a fake. Very old coins can often be identified only by the name and portrait of a ruler. For example, a denarius, so a coin normally in silver, which would be in fact bronze covered with silver (coin filled). Or an alloy. In the latter case, turning the coin on its edge can help to determine whether the coin is a clad coin using the copper-nickel alloy to sandwich a copper core layer. These include half dimes, dimes, quarters, half dollars, and silver dollars. If the coin displays a face value, it is most likely a coin. Fortunately we have a solution! How to Tell If Your Coins Are Silver. . If you buy a rare coin, you are basically speculating on the future value of a particular coin. How to Tell If a Coin Is Silver. Furthermore, 90% silver coins can have a substantial amount of wear, which can make the date difficult, if not impossible to read. Coin Value Price Chart for Foreign and World Coins General. Because coin collecting is a different animal, there are many coin dealers that don’t sell numismatic coins at all (including GoldSilver.com). We hope that you found helpful our inaugural tip of the week on “how to tell if your coins are silver” and look forward to sharing with you many more tips in the future. Whether your goal is to expand your coin collection, sell your silver coins, or to simply display them, it is a valuable skill to be able to tell the difference between silver and clad minted coins.In earlier years, the metallic content of coins played a critical role in determining its overall worth and value. The breadth of coins in medieval England alone can be daunting, with hundreds of variations based on the mint and dies used. If it is not obvious, check this List of Western Text that can reveal the country. This information is useful for coin collecting software and cataloging coin types and coin values in U.S. dollars. Using a hallmark guide to back up some basic knowledge, it's possible to identify foreign silver hallmarks. Many of these coins are silver coins and a few are gold coins. The Coin World article says that only 5 gold coins are known. then look at a pic. Your best bet to determine actual value is by using a book guide like the U.S. Blue Book of Coins which is published annually. For hundreds of years silver has been used in various ways, such as to make tools and jewelry. Errors of representation etc ... Let's also count, that the only goal of the counterfeiter of the time is to earn a little money by exchanging a coin in a metal other than that of an official coin. Look for a country name on the coin. Authentic gold and silver coins chime when struck and the difference is … NCG has the following table of world coin silver content posted on their website and it is very helpful when trying to establish the silver value of any coins that you may have: Silver Foreign Coins. Most early U.S. coins were 90 percent silver, but many nations used varying purities, so this must be researched for each type of coin. The only U.S. silver coins that contain 40% silver are Kennedy half dollars minted from 1965 – 1970. Identify the coin as minted in Philadelphia if it is a Jefferson nickel bearing any of the years 1942 to 1945 and it bears the letter "P" on the reverse side above the image of Monticello. Shipping. Foreign Coin Identifier Silver coins has the lowest resonance frequency and the difference between silver and for example nickel or iron is huge. Based on silver content alone, these coins have a fair value and are highly collectible. Use our online handy dandy silver coin detector to see if your coin contains silver or not. The Ring Test. Good lighting is important in order to maximize contrast between the coin and background. Do you have any good ideas for a future tip of the week article? ASW means actual silver weight. Posted on December 20, 2016 Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Be the First to Share. Know when the United States Mint stopped using silver in coins that were minted for regular circulation. All gold coins and bullion are of interest to coin dealers. These cheaper metals will respond to magnets. The following picture from the coin community forum is a perfect example of what we’re trying to illustrate. Some are stored in coin folders, others are stored using other coin supplies. 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