Don’t Be Fooled By Fake Gold

  Рет қаралды 12,407

SalivateMetal

SalivateMetal

2 жыл бұрын

Fake gold can fool anyone if they aren't careful. Watch this video for tips on how to detect fake gold and how to avoid buying it.
SALIVATE METAL 2 Oz Round: www.jmbullion.com/2-oz-saliva...
Donate: www.paypal.me/SalivateMetal
Merchandise: teespring.com/stores/salivate...
Buy Pocket Pinger: coinpingtest.com/referral/qQ1... (referral Link)
rumble.com/c/SalivateMetal
jmbullion.com/salivate
#silver #gold #preciousmetals

Пікірлер: 103
@jadenephrite
@jadenephrite 2 жыл бұрын
For those who are unaware, additional tests to detect fake gold or silver coins include the neodymium magnet test, the weigh scale test, the caliper measurement test and the pinging sound acoustic test.
@stormforge68
@stormforge68 2 жыл бұрын
I only buy from reputable bullion dealers. I always test my bullion with either my Sigma PMV Pro Mini and/or GVS Bullion Tester. I also only buy current year bullion; most if not all fakes are prior year dated coins. And I don’t buy rare and expensive coins if I don’t understand it or can’t confirm authenticity. I believe in KISS principle when stacking - keep it simple stupid!
@CyberCurtainTwitcher
@CyberCurtainTwitcher 2 жыл бұрын
You just reaffirmed my opinion on mostly avoiding 1oz coins. You have a lot less to lose if you get stung on a fractional piece.
@liquidelectrum
@liquidelectrum 2 жыл бұрын
Who is making these fakes? Off with their heads!
@istvanszabo3229
@istvanszabo3229 2 жыл бұрын
Chinese
@Dakiniwoman
@Dakiniwoman 2 жыл бұрын
Thanks Sal for covering this aspect again as no one wants to be sold a fake coin or bar. My first gold purchase was a one ounce Canadian Maple. I made it into a pendant necklace, but I don't wear it.
@EmeraldCoastStacker
@EmeraldCoastStacker 2 жыл бұрын
Thank you for touching on this subject. I am a new stacker and buying silver primarily. However, I am planning on collecting gold in the near future. Great content as always Sal!
@liamhunter071
@liamhunter071 2 жыл бұрын
I'm not sure the"testme" is liget. I e never had and one do this on a public message board. Hope Sal sees this message and responds
@stormforge68
@stormforge68 2 жыл бұрын
I’ve seen a fake GML on KZfaq (forget who posted it). The fake GML had radial lines and does the light cartwheels when you tilt the coin. But what the fake GML could not do is replicate the very fine radial lines of the original. Original GML has very fine radial lines and are very closely packed to each other. Fake GML has radial lines that are spaced out more. If you compare a fake to the original, it will be very obvious which one is fake. So it’s important to look at the details.
@liamhunter071
@liamhunter071 2 жыл бұрын
I've been saving for months and purchased one of those machines just recently, in fact, so recently, it came in the mail today! LOL. Great video Sal. Thanks for your views and God Bless.
@mutantryeff
@mutantryeff 2 жыл бұрын
The ones that irritate me the most are those advertisements on TV for gold coins with micrograms of gold.
@thesarge4457
@thesarge4457 2 жыл бұрын
You got that right, and the Bogus Prices, I change the channel. Thank You Sir.
@goldcicvibefel7628
@goldcicvibefel7628 2 жыл бұрын
@mutant- me too. Using more than a micron is a waste of gold. And they limit you to 5. It would take 501orders to make a case for Attempt of Grand Theft. 🐥♥️
@chadx8269
@chadx8269 6 ай бұрын
Transmission (hard) X-Ray Spectrum Analysis is the only non destructive test to detect fraud. Cheap way is to melt or cut it and use (soft) handheld X-ray gun to look at cut parts.
@wellroundedwildones3376
@wellroundedwildones3376 2 жыл бұрын
I bought two 1 oz bars from private party 8 years ago. Wish I had known then what you and others taught me since then. I sent them to Texas refinery and found out they were tungsten. Seller refunded me for one but refiner lost the second burnt up bar do I couldn't get refunded for it. It was ugggggggly time. Glad this channel, others and silver dragons are spreading their knowledge. Thank you
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I'm sorry. But, I'm glad you at least got refund for one
@wft2
@wft2 2 жыл бұрын
Thank you Sal. Very Interesting indeed
@mojavegold-
@mojavegold- 2 жыл бұрын
I've found when the Sigma resets mode with a coin test the coin usually has some iron content. The counterfeits are unfortunately getting more clever all the time. Some of the newer 'bad' products can even fool the Sigma verifier, XRF, etc. I won't buy silver or gold now, even from a trusted LCS without verifying authenticity via multiple independant nondestructive tests.
@stormforge68
@stormforge68 2 жыл бұрын
A GVS Bullion Tester machine works well if you don’t trust a Sigma. A metal’s magnetism cannot be manipulated or faked. The GVS is a magnetic scale that tests a precious metal’s innate magnetism for authenticity.
@mojavegold-
@mojavegold- 2 жыл бұрын
@@stormforge68 I will try to look into that one - I hadn't heard of it. I'm kind of surprised that an affordable instrument could make such a subtle distinction, since copper, silver and gold are all diamagnetic. The Sigma measures volume resistivity by inducing high-frequency eddy currents - much as a high-end metal detector does.
@GertrudePerkins
@GertrudePerkins 2 жыл бұрын
My best advice is to buy all gold and silver coins and bars as brand new (not pre-owned) and from a reputable bullion dealer that is an authorised reseller (not an individual on eBay). It gives a better guarantee of authenticity.
@brent5354
@brent5354 2 жыл бұрын
When it comes to gold coins, I stick with graded.
@keridokaballo3141
@keridokaballo3141 2 жыл бұрын
New maples are almost impossible to fake. Radials, microleaf, and knowing diameter, thickness and weight... no way to fake even with tungsten.
@alexpearson8481
@alexpearson8481 Жыл бұрын
Exactly. Even the press marks where some of the gold extrudes or squeezes out of the die near the reeded edges. Ping test is the slam dunk also. Every one of the few coins that I use to have would get the ring test the minute I got home.
@GenXcollectible
@GenXcollectible 2 жыл бұрын
I have the PMV mini that reads all the way through the coin, plus wands for bars. Anyone who buys PM should bite the bullet and spend the money on a good tester IMO. But first you should only buy from trusted sources. I bought mine for estate sales and such. A lot of fakes especially Morgan’s I have found in the wild and the PMV has saved me $.
@stormforge68
@stormforge68 2 жыл бұрын
I love my Pro Mini, it’s compact and portable.
@MrBullay
@MrBullay 2 жыл бұрын
Sigma PMV Pro Mini or any of the Sigma products are a must for a stacker.
@stormforge68
@stormforge68 2 жыл бұрын
@@MrBullay agree 100%!
@tinypanther3320
@tinypanther3320 Жыл бұрын
That’s why I don’t buy Chinese panda gold coin’s because they make fake money lol
@RideLiebRide
@RideLiebRide 2 жыл бұрын
have purchased all my silver and gold from JM Bullion. ... Wondering if anybody ever had issues with them?
@MrBullay
@MrBullay 2 жыл бұрын
I have the Sigma PMV Pro Mini, great tester. I got it so I can take it with me to coin shows (not test the coins in front of the dealer 😉), estate sales, and of course check my purchases. For a stacker, having any one of the Sigma testers is a must have to protect your investment. The pocket pinger and the associated app is an option for the budget conscious. I bought that kit with the fake coins as well. Good video Sal!
@tokertalk9648
@tokertalk9648 2 жыл бұрын
I was just watching a video by a KZfaqr named CrazyRussianHacker.... dude was selling his stack to a bullion dealer and the Sigma PMV recognized a fake eagle as a real one. The bullion dealers XRF scanner picked it up though. I was thinking of buying one until i seen that now im a little hesitant.
@MrBullay
@MrBullay 2 жыл бұрын
@@tokertalk9648 I'll have to take a look at this video. The PMV Pro and Pro Mini test through the coin to measure it. The regular PMV doesn't give to more refined readings as the Pro or Pro Mini. The fake coins I got from the Pocket Pinger kit fails on my Pro Mini. But of course you have to decide for yourself.
@johnbethea4505
@johnbethea4505 2 жыл бұрын
To counterfeit a sovereign coin or bill is called counterfeiting if they are copies of the actual thing. No matter what they are made of...
@kscoins4787
@kscoins4787 2 жыл бұрын
Great stuff as ALWAYS Uncle Sal!!! Probably only a matter of time before the Sigma Verifier is what is getting counterfeited. A $5 Chinese piece of crap nothing more than lights and stuff being sold for $2grand have to be EXTRA cautious on all purchases these days. Always a jerk trying to skate by for the easiest $ stay safe, cautious and stack on! Peace from the land of OZ!!!
@rockysuperstar1
@rockysuperstar1 2 жыл бұрын
SAL That's Why we need Cybers Metal Slide :-))
@ThatGuy-mu2rr
@ThatGuy-mu2rr 2 жыл бұрын
I am buying a bullion scanner soon enough.
@thesarge4457
@thesarge4457 2 жыл бұрын
Good Morning Sal, can't afford the verifier, but I hope to get one somewhere in the future. Are there other ways to check Gold. Thank You Sir.
@UDTGHOST420
@UDTGHOST420 2 жыл бұрын
The sigma is awesome but it can also read lead as silver I like the ping test the best
@karryterran9409
@karryterran9409 2 жыл бұрын
Curious if the smaller fractional gold coins are being faked as well?
@straightblast100
@straightblast100 2 жыл бұрын
I only buy from reputable dealers on-line. I buy brand new w/assay. Should I have ANY concerns?
@richardmetcalf2346
@richardmetcalf2346 2 жыл бұрын
I suppose there is a possibility that my LCS could have sold me a fake gold but I doubt it. I only buy there or from well known online dealers, I am pretty confident they are real but it never Hurts to check!
@noicue8078
@noicue8078 2 жыл бұрын
#124. Great video Sal. I have a Sigma now only after spending over $800.00 unfortunately on Seated, Morgan’s and Peace dollars, but they were Street silver, so I have no one to blame but myself. I still have reservations about the coins because out of the 32 coins, four have the arrow all the way to the right and the other 28, the line was just outside the brackets. I did the magnet test and they seem fine. I’m waiting for my pinger to come in the mail and run that test. No real special dates either. It’s hard to fathom that they were all fake. But I guess it is what it is. Take care. Thanks.
@chriscard3424v
@chriscard3424v 2 жыл бұрын
Thanks Sal ✅, I have the Sigma Mini Pro with 3 wands. Works great with bars and coins, for me Au, Pt, Pd & Ag. Using the full mini pro and a calibrated scale encompasses all issues around resistivity & density differences for these PM’s. Operator error can be reduced by educating oneself on resistivity measurements (ranges for each PM) and proper use of base unit and wands. ChrisCard
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@philputtputtwheeler9058
@philputtputtwheeler9058 2 жыл бұрын
My Sigma Metalytics tester is the best investment I made just over a year sgo. Tested all my PM's with no problems found as of yet. Yes it was pricey but well worth it. It along with a scale and magnet are all I use to test with. I test everything with all three methods together. I've seen where some show it not to be 100% reliable but I haven't had that problem with it yet.
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@skepticcontrarian7477
@skepticcontrarian7477 2 жыл бұрын
This is the first time that I have ever seen a fake Philharmonic, Mr. Sal. I never thought they would even try as the design details of the Philharmonic are quite intricate and difficult to copy. I guess not. I appreciate the vid!
@SalivateMetal
@SalivateMetal 2 жыл бұрын
Thank you sir
@CapitalCurrency
@CapitalCurrency 2 жыл бұрын
Sal!!! Hello my friend! Hope all is well!
@MrRoyck10
@MrRoyck10 2 жыл бұрын
Thanks for highlighting this scourge facing the stacking community.
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@lernenderzukunft
@lernenderzukunft 2 жыл бұрын
You'd better only buy in serious shops. How would you tell if a coin is real when buying on ebay...
@JayP7676
@JayP7676 Жыл бұрын
Lol.. It’s said “FAKE COPY” on it. That funny..
@441rider
@441rider Жыл бұрын
Canada has so much gold that if they need to ban and buy it back you only get $50. Gold is plentiful here still but prohibited for mining until the revenue is required as the state gets a share of all gold mined.
@SalivateMetal
@SalivateMetal Жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@JOKERS-WILD
@JOKERS-WILD 2 жыл бұрын
How ya doing Sal? Great video 👍
@SalivateMetal
@SalivateMetal 2 жыл бұрын
Good to see you sir
@mykittenisagrandmaster4381
@mykittenisagrandmaster4381 2 жыл бұрын
Sup Mister SM and everyone
@MegnetaFusion
@MegnetaFusion 2 жыл бұрын
Hey Sal, you should make a video on the new APMEX cash back in gold and silver credit card
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I saw that. Will look into it
@burke9497
@burke9497 2 жыл бұрын
What was the name of that chief detective? It sounded like you said Dusting Honker Pecker.
@joshuarhoades2740
@joshuarhoades2740 2 жыл бұрын
Explore 🤘🌶️
@goldeneye70
@goldeneye70 2 жыл бұрын
If you have the golden eye you will know a gold coin is fake immediately
@HifiCentret
@HifiCentret 2 жыл бұрын
It's not really that hard to be sure the item you have in your hands is mostly gold or not. Weight, size, ping. Check frequency with app, some apps even let you put in dimensions, weight and purity for unknown coins and come with qualified estimate of whether or not it pings as it should. Some years ago I won a local online auction for a "coin" (commemorative medal actually with a picture of an ancient coin on one side) below gold price. Checked it every which way I could and I even ended up calculating the density at around 16 g/cm3 which was very good for supposedly 21.6K (.900) considered the equipment at my disposal (no tool above $10 used). I eventually found the coin collectors association which had the "coins" made to celebrate the city's 700 years anniversary. They confirmed it to be genuine and only approximately 45 was ever made in gold and a little more in silver and bronze. No wonder I didn't find any info on at it at first anywhere.
@ptaeiy
@ptaeiy 2 жыл бұрын
Should at least do 3 different test modes to authenticate your PMs. Weight/dimensional/Resistivity/Ultrasonic/Specific Gravity. The PMV test Resistivity only. None of those test by itself is conclusive, only Ultrasonic test can't be compromised, yet.
@marekkucharski4059
@marekkucharski4059 8 ай бұрын
Good job on YT
@SalivateMetal
@SalivateMetal 8 ай бұрын
Thank you
@thesarge4457
@thesarge4457 2 жыл бұрын
I got off my lazy butt, and found some places on internet to check if my coins are real. Thank You Sir.
@tryagain4469
@tryagain4469 2 жыл бұрын
🗽DO NOT EAT GOLD SNOW
@kenbe62
@kenbe62 2 жыл бұрын
I have 2008 and 2009 gold maples, but they have no reeded background around the Queen's portrait just a flat background. Are these fake or generic rounds and not actual gold maple leafs? The edge of the coins are reeded. Update: the radial lines on the faces were added in 2015.
@SalivateMetal
@SalivateMetal 2 жыл бұрын
Those are probably the 99999 fine versions
@PistolPete1984
@PistolPete1984 2 жыл бұрын
I bought a fake 1/2 Oz gold Pamp bar about 5-6 years ago. It was in a crimped poorly done blister pack and appeared to thick and slightly scratched and tiny tarnish spots. I sent it back, got a full refund. About a week later the bar came back to me as the seller refused the package.
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@PistolPete1984
@PistolPete1984 2 жыл бұрын
@@SalivateMetal thanks Sal, this happened on EBay and I was shocked by how many bars this seller was unloading. I got lucky and got like you said a free fake bar. Sadly I think many don’t really inspect there metals and pay full price for a counterfeit
@theblindsilverstacker4795
@theblindsilverstacker4795 2 жыл бұрын
I hope that they spend a long time in jail and anyone else doing the same
@zeroswings2
@zeroswings2 2 жыл бұрын
where did you source the tester... what's it called?
@zeroswings2
@zeroswings2 2 жыл бұрын
NVM I saw the name in the upper right hand corner...
@Growmechanic
@Growmechanic 2 жыл бұрын
Nope
@edwintan3118
@edwintan3118 2 жыл бұрын
Hi sal greeting from Singapore
@SalivateMetal
@SalivateMetal 2 жыл бұрын
Greetings 🙏
@edwintan3118
@edwintan3118 2 жыл бұрын
Hi sal, thank you very much for making all the great video to share with us plus important information as well 👍👍👍
@richardc488
@richardc488 2 жыл бұрын
Some good prices on gold on Esty just saying!
@CoinsAZ
@CoinsAZ 2 жыл бұрын
Binge 2X speed watching! Is the rumor true that .............................. 🎶 🎵 *Sal's Gals Make the Salivation Nation Great Again* 🎶 🎵
@riesche82
@riesche82 2 жыл бұрын
👍🏾
@goldcicvibefel7628
@goldcicvibefel7628 2 жыл бұрын
The best place to buy CLAD gold buffalos for $9.99 is television ads. I know they are real because the ad says they are coated in a micron of pure 24k gold. I used to buy placebos but I think the clads are better. Plus at $9.99 an ounce I'm obviously getting a serious good deal. I should dye my hair blonde. 🐥🦶♥️🧚
@tryagain4469
@tryagain4469 2 жыл бұрын
🗽SAL HELLO TO YOU
@silita6193
@silita6193 2 жыл бұрын
thumbs up
@guybuddy1
@guybuddy1 9 ай бұрын
How would one know if where you're getting the gold from is "trusted and verifiable"? Do you need to go into actual shops rather than ordering them over the internet?
@SalivateMetal
@SalivateMetal 9 ай бұрын
Most reputable online dealers can be trusted
@guybuddy1
@guybuddy1 9 ай бұрын
@@SalivateMetalHow would you know if they're actually reputable? That was my initial question.
@SalivateMetal
@SalivateMetal 9 ай бұрын
@@guybuddy1 Reviews, word of mouth.
@martinolsen868
@martinolsen868 2 жыл бұрын
AlgorithmFood!
@mattbittner775
@mattbittner775 Жыл бұрын
👍
@strat959
@strat959 2 жыл бұрын
I agree that the portrait on the Maple Leaf is really bad. But why did they put George Washington on a Canadian coin anyway? But seriously, the Royal Mint did a much better job on Her Majesty on their Britainnias, as did the Perth Mint, and others. I love that the Britannia has so many micro-engraved security marks and features. Also the Perth Mint Kangaroo's incredibly tiny, laser-etched "A" that they include inside a letter on the reverse (and both countries include their features on both silver and gold coins). Newer silver Krugerrands also have some interesting micro-laser etching on them. I haven't purchased a newer gold Krugerrand, so don't know if they have this feature or not. These are better features than the lame "missing reed" on the AGEs. I haven't seen any stacker channel do a video on these different micro-etched security features - maybe it would make a good video! Keep up the good work, Sal!
@SalivateMetal
@SalivateMetal 2 жыл бұрын
I am responding to your comment verbally on a live stream at this very moment!
@edwintan3118
@edwintan3118 2 жыл бұрын
Hi sal 2rd view
@rockysuperstar1
@rockysuperstar1 2 жыл бұрын
LASTTTTTTTTTTTTTTT :-))
@djh9816
@djh9816 2 жыл бұрын
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