Yah. If you find out that they play eeny, meeny, miny, moe for the grading or authenticity then that would not be good...... oops! secret's out!
They'll contact someone if they have too. Between their offices around the world they have most things covered.
serafino, asked: "...when the graders get in a rare 200 year old or older foreign coin they are not familiar with, what are the steps they use to authenticate it." 1. The graders have consultants who know more than many of them about specific coins. 2. The graders look for similar coins in museums or at shows for comparisons. 3. The graders have diagnostic files. 4. Finally, something relatively new, there are very good images that can be magnified on the internet - something not around in the 1980's.
Hey, what gives here? I remember quite clearly receiving every assurance that I would be the only member of the elite definition subdivision of the intergalactic language police currently assigned to patrol this sector!
You're still wet behind the ears........October 18th of this year? Still, you are rather observant and impudent like myself........I'll share the territory.
Hate to say it or not, that does sound like they have every possible base they can think of well-covered. Perhaps it's o.k. to turn off that wailing counterfeit alarm now.
Don't forget arrogant. I majored in all three of those critical disciplines at the academy and graduated with an expert qualification and smug honors in each.
Has anyone noticed that the ASEs do not state that the purity is .999 Fine Silver on them? It just says that it contains One Oz. Fine Silver. Purity is not stamped onto the piece. The AGE don't tell you they are 22kt, but the other pieces they sell, like the gold Mercury Dime, SL Quarter, WL Half, Kennedy Half have "24kt" marked on them. Would you buy a silver bar that was only marked as being silver without a purity on it?
The official definition of "Fine Silver" is "silver which is 99.9 percent pure", so the term "Fine Silver" itself declares what the purity is.
All it will take is somebody with an XRF to actually test the coins and find out New question, the fineness of an ASE is specified at 0.9993, but does anybody know what the tolerance level is ? For example, our regular silver coins have a specified fineness of 0.900, but they have a legal tolerance of 0.006, so the actual silver fineness may be as low as 0.894 and the coin will still be perfectly legal according to US law. So what is the tolerance level for an ASE ? Personally, I do not know - but would like to
Ok I buy ASE Bullion Coins from mcm I am assuming that the ASE I buy are really silver. I see they sell a lot of them plus many other coins so I believe they are reputable, just take it for granted. The thought just crossed my mind the other day when I was looking at one I purchased how do I really know this is silver? mcm and many other "reputable" Co. sell SO many ASE, and we just don't even give it a second thought, just put it away with the rest of our collection. I may be paranoid I guess. There is no way for me to actually test one "I wouldn't know how" I suppose you would have to cut one in half and use some silver chemical test? I mostly read on here and try learn what is safe to buy and what to stay away from. Sorry just being silly I guess.
There are many ways to test the fineness of the metal in coins. For example, the karat needles and touch stone method. That method is over 2,000 years old and is still used by many today. Another is the fire assay method where the coin is melted down and then the melted metal is tested. This is usually thought to be the definitive method. Yet another is the acid test. And yet another more modern way is to use an XRF machine, and they make many of of these as handheld models. And they are quite accurate, better models have a standard deviation of 0.05%. The one issue with an XRF is that they can only test to just barely beneath the surface of the coin. But when coupled with weight and measurements that is usually sufficient as test method. The thing about the XRF that makes it a desirable method is that it is the only one that is non-destructive. In other words no harm at all is done to the coin during testing. And literally anyone can operate it with accuracy.