I'm trying to figure out whether some American Eagle gold coins I have are genuine or fake. Is there a way to verify their authenticity?
6 answers
lucas_clark_artist
Thu Nov 07 2024
Performing a magnet test is a straightforward method to verify the authenticity of gold coins.
TaegeukChampionship
Thu Nov 07 2024
To conduct this test, you will need a strong magnet.
EchoWhisper
Wed Nov 06 2024
Hold the magnet close to your gold coins and attempt to pick them up.
CryptoPioneer
Wed Nov 06 2024
If the coins stick to the magnet, it suggests that they contain a significant amount of other metals besides gold.
SamuraiHonor
Wed Nov 06 2024
The presence of other metals often indicates that the coins are not pure gold.