I recently passed up opportunity to buy Maples off Kijiji – they where cheap (below spot) and seller wanted to sell them ‘tonight’… I’m so new to this I googled ‘fake maple’ and yes, they’re out there so I passed. I know sometimes ppl just need cash – but didn’t feel right so I followed my gut and the old adage ‘if it seems too good to be true it probably is’. I’ll never know if I missed out on a really great deal or if I saved myself a bunch of coin – but as I feel I just don’t have the education to deal safely – I figured I’ll pay the premium and buy from SD/Silver Gold bull or my local coin shop….
Are they all the same year? Just curious if mint maybe has slight variance year to year so a tube of 2012 would be different then a tube of 2009 say?
Here is a utube that might help – basically filing in this one, but he mentions other videos/tests so you maybe able to find something that works (without wrecking your maple if it is real!).
Ok – I did do the magnet test, they all had that slight magnetic feel when passing my HD magnets closely to them (but not full attraction).
Checked the veins on the leaf and they appear to be fine… stem looks centred… There’s that little mark on the queen shoulder.
I am going to invest in a scale as well and check the weight … also will see if I can do that “specific gravity test” on them.
I see a comment from Uglydog about a tool called fisch. It looks interesting… $169 for Maples only or $259 for krugs/ASE/Maples… not sure if I want to shell out for a tool like this at the moment without more research and proof.
Also just become as educated as possible about weights, dimensions, markings, sound, taste…etc. I can usually tell just by the sounding of flipping it with that very resonating high pretty pitch compared to the thud of other metals.
Not that this will help…but Canadian Maples…are PERFECT…without flaw.1989 Maples are a little bit different from todays 9999 fine but only in the portrait of the Queen and .999 purity.Weights should be exact. Any large variation ie more than a gram should make you suspect and PASS on any deal.
Know what you are buying or dont buy… be wary of receipts offered as Bona fides…the Chinese fakers..know no border and they will fake receipts…If you have to do a deal…in haste…do it in a Coinshop so you get a an expert EYE on the transaction. If you have any doubts…DONT BE GREEDY PASS
This discussion should raise some eyebrows among those folks who stack just in case TSHTF and fiat becomes worthless. Your Maples, ASE’s, Pandas, etc. will only have value if the person whom you are selling them to (or trading with) believes they are real.
Another reason to consider stacking circulated ‘Junk Silver.
" The error I see stackers making is the value of their stash in fiat. Fiat that is rapidly losing any purchasing power and is losing its usefulness. Price your stack in real world goods to see how you are doing. $4 silver years ago bought 8-16 gallons of gas, $21 silver still buys 8 gallons of gas... "Reply To: My Faith in Silver is Just About Broken
" There are many ways to view this one way is insurance, you pay for policies don't you? I hope my home never get blown away in a storm but if it does I have a policy to cover it. I like insurance, it's not always cheap but I sleep better at night knowing I have it. "Reply To: My Faith in Silver is Just About Broken
my avg price was $32-33 an oz but a recent Doc buy was about $25 and that made me satisfied with DCA
My take on the fallout of these price smashes is one that tells me there are more reasons that just taking down silver prices to unwind a TBTF bank silver short contracts. That sa... "Reply To: My Faith in Silver is Just About Broken
" If everything collapses, then who is going to power up the Internet? Not everyone will accept precious metals right away for payments after the collapse so by that time, the Internet will disappear as well. "Reply To: Will The Internet Be Up?
" It still cannot be used like "normal" currency. I can't take it to the bank and use it like a 100$ bill. There was a guy who wanted to pay his bills so he tried to exchange a few 20 for 20 coins at his local banks and they won't take it even if it is legal tender. The Royal Canadian Mint told him... "Reply To: Candian $100 silver coin
" I do not mean to insult anyone but 'NSLOOKUP' is a excellent tool built into Windows that allows easy conversion of DNS naming conventions to numeric addresses. I have 'NSLOOKUP' assigned to the taskbar and with a click of the mouse you just enter the URL and the numeric equivalent is presented.... "Reply To: Will The Internet Be Up?
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