It has been an Indian tradition to buy gold and silver on Dhanteras (Dhanteras 2025). This day is considered a symbol of wealth and prosperity. For this reason, people consider it auspicious to buy silver coins or utensils on this auspicious day. If you are also thinking of buying silver coins especially on this Dhanteras, then buy with a little alertness.
In fact, weddings and Dhanteras People often give silver coins as gifts, but there is no measure of the purity of that coin. Most coins are not fake. This is revealed when you go to the jeweler to sell it or to buy it in exchange.
Local jewelers have lots of fake coins
Because some people go to local jeweler or roadside shop for cheap. Silver Let’s buy coins. You should know that the market is full of fake or adulterated silver coins, due to which many people are unknowingly being cheated. Perhaps you may also have some silver coins in your house, which may not be real.
According to experts, the purity of silver coins being sold by small shopkeepers and unlicensed jewelers is doubtful. Many coins are stamped with ‘999 Silver’ or ‘Sterling Silver’. But in reality their purity is less than 80%. In some cases, to make the coins shiny, they are coated with metals like nickel, zinc or tin, which makes them look real.
Another mistake people make is that when they buy silver coins, they do not take the original bills; under the guise of acquaintance, jewelers hand over fake coins. Therefore, if you are thinking of buying silver coins this Diwali, then buy it from an authorized shop, and also get a valid bill.
One should avoid buying such coins:
Coins without hallmark: Most of the coins sold at local shops do not have BIS (Bureau of Indian Standards) certification. It is difficult to check the authenticity of coins without hallmarks.
Danger of adulteration: Many coins contain adulteration of metal, due to which their weight and shine appear to be genuine, but in reality they turn out to be fake.
Resale Value Very Low: When such coins are taken to big jewelery chains or banks for sale, they do not accept them.
Bill and tax invoice not received: Most of the local shopkeepers do not pay the bills, which makes it difficult to complain due to lack of legal evidence.
Where to buy real coins
If you want to invest in silver or buy it on occasions like Dhanteras, then always buy BIS hallmarked coins. These coins guarantee purity. You can buy certified coins from branded jewelery shops like Tanishq, Malabar Gold, Kalyan Jewellers, PNG or even from banks and post offices. If you buy silver coins from a local shopkeeper, then definitely take a valid bill, so that there is no problem later.
Because the coin bought on Dhanteras is not only a symbol of faith, but also an investment related to your hard-earned money. Therefore, shop with caution. Even while shopping online, use only authorized websites or bank portals. Before purchasing, look for the BIS logo along with 999 or ‘92.5 Sterling Silver’ on the coin.
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