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Are you sure Silver does not respond to a magnet ?? Silver discussion group
It is OK. 
Silver is diamagnetic. That means that it repels magnets slightly. So if you have an industrial magnet, the coin may move a bit. If you have a 100oz silver bar and hold the magnet very close to it, and move the magnet quickly, you will feel resistance.
The only problem would be if the silver 'jumps' to the magnet, and sticks to it. If it does that, it isn't really silver.
I was a bit shocked, too, the first time I discovered that.
Silver is diamagnetic. That means that it repels magnets slightly. So if you have an industrial magnet, the coin may move a bit. If you have a 100oz silver bar and hold the magnet very close to it, and move the magnet quickly, you will feel resistance.
The only problem would be if the silver 'jumps' to the magnet, and sticks to it. If it does that, it isn't really silver.
I was a bit shocked, too, the first time I discovered that.
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