father/son/ohio
Elite Member
i found a ring that said " MEX 925" so i brought it into a coin dealer and he said they dont accept it... why?
84% of spot! Man, you have to shop around! I have a hefty bracelet that has 'Mexico' on it and I'll run a silver test (not stamped, but looks like silver) and if it is see what Midwest has to say about it. I have to get my gold sent in also, just wondering how much the stamped stuff is faked. I could run a test, but hey let Midwest do it for meI just sold my gold to a dealer that gives up to 84% of spot he said he won't buy Mexican silver because alot of it is not true 925 even though it is stamped that way and his smelter won't buy it either. I think there is a way to test it but sometimes I think it is different metal in the middle . I would wait until you have more of it then find a dealer to sell it to. Maybe not all buyers are like the one I deal with. Good luck!
Best to save up that silver and sell it in bulk amounts. That's what I do, with no problem. A single ring isn't worth much, though...
Silver is at a high point right now... $17.39/oz.. however, a lot of Mexican silver is not silver - or much lower grade than marked. Much like the fake coins coming out of China right now. RickO
Around here, a lot of the fake gold coming into the Pawn Shop is stamped 18k. We run acid tests on anything before we take it. In the past year or so, the fake gold from Mexico has really increased. Have an acid test run on anything before you buy it. Don't go by the stamp. The item is rubbed on a stone and the acid is applied to the mark left on the stone.Don't know about the silver but the 5-6 gold items I have dug , & are stamped , that are fake - the jewelers all say they are coming out of Mexico. Steve in so az
Sterling Silver is very easy to test. Silver plated brass, Nickel Silver or low quality silver alloys will turn green when a drop of Nitric acid is applied. Sterling will turn a creamy color. When testing suspect goods a small file can be used to cut through the item.