Platinum Vs Silver - How To Tell The Difference
To the untrained eye, some Precious Metals may be hard to identify. Intuitively, we have a general idea of what Precious Metals look like but we may not have looked deeply enough to identify the nuances that make the metals what they are.
Silver, Platinum, and Palladium all share a similar color, but being able to tell the differences between the three can help you understand whether you are buying genuine items or not.
This skill will likely be more helpful to you if you're purchasing Platinum Jewelry or Silver Jewelry, as these are often purchased from someone other than the manufacturer. But even so, it's a valuable skill for both the Bullion Investor as well as the Numismatic Collector to have as well.
Whether you buy Silver, Platinum or Palladium at a store or online, it is important to know how to tell the differences between these three Precious Metals.
could you Tell the Difference between platinum vs silver vs palladium?
Here's our first example of Platinum Vs Silver (and Palladium).
Look at these three examples below. It may be difficult to determine what each metal is without the product name. Very similar in color, the only differences between the physical look of the coins is the shading. The Canadian Maple Leafs pictured below are genuine products without color enhancements.
The Basics of Silver, Platinum, and Palladium
In order to be able to tell the differences between these three Precious Metals, it helps to understand the basic features of each.
- Silver – How do you know when you're looking at real Silver? Silver is a common Precious Metal that can be found in the forms of bullion, jewelry, silverware and much more. Silver can be tarnished and have corrosion. It is also softer than Gold and other Precious Metals and is very malleable. It is not uncommon for new investors and Silver collectors to ask 'how to tell if Silver is real'.
- Platinum – Platinum is harder and very resistant to scratches and corrosion. American Platinum is rarer than Silver, so Platinum products will not be as abundant. Platinum's melting point is also significantly higher than Silver, making it more durable. You can often find Silver products that do not have a Platinum counterpart.
- Palladium – Palladium is also highly resistant to corrosion and scratching. It is one of the most durable Precious Metals on the market today, while also being soft and ductile.
Determining the Differences Between Silver, Platinum, and PalladiumSilver stands out because it is the most common metal. Since it is the most susceptible to scratches and corrosion, seeing signs of these flaws is a good indication that it is Silver or a combination of different metals. It is no coincidence that more jewelry is being made with Platinum and Palladium. Silver is also less dense than Platinum and Palladium.
What are the characteristics of real platinum?
For Palladium, the key comes with the weight and not the color. The “difference is Palladium is about half the weight of Platinum.” (Larson Jewelers)
The eye test may not be enough to determine the differences between Silver, Platinum
See how Gold, an ancient storehouse of wealth, plays a vital role in modern investment portfolios. Watch Video
Written to acquaint you with Precious Metals investing and all the ways APMEX helps you succeed. Read more