Silver Slide to Help Identify Real Silver Coins, Demonstration

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I built a Silver Slide a while back using Neodymium N52 magnets. It is used to help identify if a .999 Silver Coin or Round is genuine. This is not a fool-proof definitive method of determining a coin's authenticity, but it a quick way to eliminate a whole bunch of fake coins. This method uses the diamagnetic effect created when passing electrically conductive materials over a strong magnetic field. In order to determine a coin's authenticity, there are chemical, weight, and other methods that should be used. NEVER buy "genuine" silver on places like eBay. Always deal with a reputable dealer that specializes in bullion, coins, and precious metals.

While going through some sites today, a commenter asked "if in a SHTF scenario, would you use a fake silver coin and pass it off as real if the person taking it didn't know any better?" I address that in this video as well.