Source: Op news. The next time you spot precious metal, put it ⦠Silver is not noticeably magnetic unlike its friends iron, nickel, cobalt, and the like. However this isn't a definitive test because many fakes can pass the magnet test. Usually, real silver will be marked with ".925," which means it is sterling silver. Silver is not magnetic and should not have much of a recognizable pull from a magnet at all. See if it's a rare silver penny, a silver penny error, or just an altered coin that has been plated. Gold, silver, and platinum are not magnetic. You're very lucky if it's a 1943 steel penny! The magnet test only applies to pure sterling silver items, since silver is non-ferrous material, it is non-magnetic, however, sterling silver is often plated with a thin layer of rhodium for enhanced appearance so if your sterling silver jewelry is plated with rhodium, it may not be accurate. So, if the piece you are testing isnât attracted to a magnet, itâs non-ferrous. Running an ice test; If it marked with an "800" or "900," your silver is a blend of different metals in which real silver may or may not be present. If it is very smooth, most likely it is silver. .999: Purest form available â aka pure silver, fine silver, investment-grade silver.958: Britannia silver, produced from 1697 to 1720.950: Sterling silver, usually found in antique pieces and on silver from France.925 and up: Sterling silver (stamped on the front ring at right).835: A common European silver blend. Precious Metals Arenât Magnetic. "Silver is not noticeably magnetic, and exhibits only weak magnetic effects unlike iron, nickel, cobalt, and the like," says Martin. You can find these at any hardware store, sometimes at crafts stores and we included it below so you can buy it by following our link. Also, look at surface markings on your item. Fake silver or silver-plated items are generally made of other metals. What we meant was diamagnetic. Edit: In the video we said silver is paramagnetic. Silver/gold mixed with stainless steel (non-magnetic) Some real gold is mixed with iron on occasion First of all, the metals that might be mixed into a fake piece of gold or silver might be non-magnetic materials to begin with. But if it's not, here's how to tell what kind of silver penny you have. Run a magnetic test; Just like platinum and gold, silver is non-ferrous â this means that itâs non-magnetic. Alloy mixtures wonât leave any trace. Without the mark, the item is most unlikely silver or sterling silver. Real silver or silver-plated items will turn the cloth black. Silver is non-magnetic. Photo: Merinka/Envato This test can easily weed out fakes that are made of steel or iron. Want to tell if your silver is real or fake on the spot? It is not. To do this test, you want to have a magnet made of neodymium. "If your magnet sticks strongly to the piece, it has a ferromagnetic core and is not silver." 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