The fakes are out there and getting better! Avoid gold bars. Stick with coins like Eagles, Buffalos, Maples, Krugerrands, etc. Know BEFORE you buy.
Пікірлер: 100
@richardbrauer18723 ай бұрын
You should have measured the thickness of the fake compared to the real
@adventureswitheddie64443 ай бұрын
It’s twice the size of the real one
@jeffw12673 ай бұрын
Gold is so dense that whenever I hold a piece in my hand, my brain short-circuits. It doesn't seem possible that something so small can weigh a full ounce. This also works with 20 franc gold coins, though they only weigh a small fraction of an ounce. The thicker fake bar will not do this to me, because I'm looking at it and holding it at the same time, and my brain does the calculating for me. Counterfeiters know that most buyers won't be willing to take the bar out of its plastic card.
@rudypoo43703 ай бұрын
Packaging is so good you might think it's on government level. Oh wait, no one in the government would be involved in counterfeits? Would they?!
@Elon_Trump3 ай бұрын
China bro, China
@bonnbacchus71643 ай бұрын
Glad you’re back. Hope to see you continue to do these type of vids
@bshake81313 ай бұрын
Thanks for letting me see that bar at the store today. After watching the video and seeing the weight of the packaging, I went home and weighed my bar. Looks like I'm good!
@the-helpful-stranger11543 ай бұрын
Could tell right away; not nearly yellow enough.
@PHUCKyoutube6893 ай бұрын
The color was off and it was marked 1 ounce not 1 troy ounce.
@shanelampard11143 ай бұрын
I reckon they coming out of China.
@jeffd87253 ай бұрын
You didn’t mention anything about the serial numbers being on different spots on the bars
@dxer220003 ай бұрын
you can't fool a Romulan senator......"Its a fake"
@bouncerslabrealnature91433 ай бұрын
Just had some clowns try to sell us a bunch of fake Morgan Dollars, 28 peace dollar, gold maple leaf, and 1 oz gold bars...All were magnetic with a rare earth magnet. 👍
@malcolmliang3 ай бұрын
I like how ridiculously thick that fake one is. Dead giveaway.
@BHarris253 ай бұрын
Preying on people that have never seen a real 1 oz gold bar
@MarketHarmony3 ай бұрын
It was difficult to determine how thick it was while it was in the packaging... the way the plastic was curved distorted my perception of thickness.
@timmccallum73363 ай бұрын
people make fake coins too.
@hudsontd77783 ай бұрын
Use to work at apmex, one time we got $10 1once copper coin that the person trading to us thought was a $2000+ 1once Gold coin
@gnericnuser3 ай бұрын
The new ones have VERISCAN and QR code, another way to telll unless that’s no longer reliable
@dustinalbertson45283 ай бұрын
wouldnt really help if they used real packaging and just replaced the bar somehow
@alexlopez58003 ай бұрын
No longer reliable. People can just counterfeit the QR code or use packing with legit QR code on it.
@ahmaranwar148815 күн бұрын
@@dustinalbertson4528true
@davidtodd34353 ай бұрын
Costco was selling gold with the same packaging.
@Charlie-Pop3 ай бұрын
I’m sure Costco was buying their gold from coin shops and eBay sellers and not directly from the mint too right??
@JohnD-JohnD3 ай бұрын
@@Charlie-Pop No need to get snooty. He's pointing out that Costco had the same mint. Some people may not have known that. I believe Costco got them from Apmex, but I might be wrong.
@SapphireYTB3 ай бұрын
I have a real one in the packaging and it weighs 37.4 grams
@MarketHarmony3 ай бұрын
Thank you
@Cola643 ай бұрын
3d printing and plasma cutters are going to keep the professionals busy
@Elon_Trump3 ай бұрын
these all come from China. And they arent gonna stop.
@marymastromauro81643 ай бұрын
Very sad what is happening, where was this purchased?
@bennylava87173 ай бұрын
i believe it isn't that hard to check for fake gold bar. you've already shown the fake bar is thicker.to make up for the lower density filler. A sigma tester can easily determine fake vs real gold bar without cracking the packaging.
@bobsacamano76533 ай бұрын
sigmas aren't always correct
@nef00663 ай бұрын
Thanks! Great info. It's getting crazy out there, got to be on your toes.
@russiachinanorthkoreastatetv3 ай бұрын
Wow KZfaq Algorithm is not cool to content creators …great wisdom shared to the community from people in the business everyday is what we depend on
@davidtam4636Ай бұрын
people make fake coins as well. buy from legitimate coin stores and reputable ones. Costco does not buy their stuffs from the streets, they buy from reputable coin dealers. That is also why once you bought them, you can't return it to costco because the store will not be able to test whether it is real or fake.
@danielhay1843 ай бұрын
I was more concerned waiting for the knife to slip and cut your thumb cutting towards it 😂
@edward86063 ай бұрын
2 seconds in I knew the one packed was fake. The color is way off. The shine
@mmarmrcz67704 күн бұрын
Just get a Sigma, regardless if you're buying Au/Ag bars or coins. Takes the guessing and uncertainty out of the equation.
@magnumfour883 ай бұрын
From CHY-NA.
@michelleeikeseth.37013 ай бұрын
Anybody checked the ones at Costco if they are ligit?
@Elon_Trump3 ай бұрын
thats what Im saying, everyone ran out to save like $4 on a bar , but is it even legit?
@DePalma.3 ай бұрын
How can you make sure you buy a real one?
@chris-mm6oh3 ай бұрын
Great video thanks for helping all consumers 😊
@glenvilleashby88503 ай бұрын
New sub 🎉
@smalltimeprepper48853 ай бұрын
Thanks for the information. Wonder if it's made in China😂😂😂 I'll talk about it more on my channel
@_ADM_3 ай бұрын
*the fake one - LOOKS MORE REAL THAN REAL tbh* *seriously I thought what "unboxed already" was a fake one, as it looks too yellow in this light, it looks like it's going to attract to the magnet* 😂
@markcameroon66133 ай бұрын
could they pass the sigma machine ?
@economyforecastlaboratory65933 ай бұрын
can your xrf tester verify inner composition? I don't get how the fake one shows so many other metals. unusually good fake ones are completely covered with pure .9999 gold around a tungsten. the fake one could not even pass xrf test inside the tempered packaging if it was showing that punch of different metals.
@christopherleubner66333 ай бұрын
The xrf will read through the plastic case, but it will take a bit longer to test. Anything else shows up besides gold and it is bogus.
@baseball3733 ай бұрын
They are easy to spot... they are much thicker
@johnchristopher85303 ай бұрын
How you doing Michael I ain't been in a while I'll have to stop in John Christopher
@awesomtim3 ай бұрын
Costco hurt you ain't it?
@DePalma.3 ай бұрын
I’ve been wanting to buy gold for years, but haven’t done so… I was always scared of getting a fake bar. I was thinking that I could open the package in front of the bouillon dealer and cut the bar in half to check, if it was fake, he’d have to give me my money back. Is this advisable?
@Cotterpin_Doozer3 ай бұрын
You're far less likely to get scammed from a reputable bullion dealer who has a storefront (not in China) whose reputation means everything to them than a fly by night joe schmo at a flea market/online marketplace. But yeah the non intrusive magnet and thickness tests are a basic measure of confidence in a piece's genuiness at a legitimate bullion dealer.
@BlackSwansFine-co6cd3 ай бұрын
I Never buy gold in a case or an assay card. All those people buying those pamp gold bars in plastic cards from Costco.....I'd never buy one from them. I caught a fake silver krugerrand a few days ago from a local dealer, best fake I have ever seen. It was so good I'll never buy silver krugerrands again either. It passes almost all tests, it was scary good!
@Charlie-Pop3 ай бұрын
What test did it not pass?
@BlackSwansFine-co6cd3 ай бұрын
@@Charlie-Pop it showed up as 99.99 silver on the IR scan, weight was just slightly out of tolerance, the tone was perfect, strike was perfect, the edge of coin looks identical, The only way I knew it was fake was when I looked at the micro stamped lettering. It looked awful under the microscope, they clearly tried to fake it, but it was all dull and had X's and t's in the lettering. It did not spell Krugerrand. Looked like it spelled Xtugettand . Its the best fake I have ever seen! The dealer was mortified!
@PHUCKyoutube6893 ай бұрын
@@BlackSwansFine-co6cd I don't think the tone would be perfect unless it was the exact same size and the alloy was the same. Your phone with an app is capable of detecting and comparing acoustic signatures.
@BlackSwansFine-co6cd3 ай бұрын
@@jaredroussel The dealer has an older model sigma. I don't think he used the wand on this coin. The wand would hopefully catch it. This fake was impressive. Maybe they just got lazy. I always carry a magnifier, magnet, i compared to authentic, and ping tester.
@chassisresearchkid3 ай бұрын
The print is completely different
@ernestsanchez75593 ай бұрын
Does it make a difference that 1 says “one Troy ounce” and the other says “1 ounce”
@dorhinj233 ай бұрын
Yes
@EricMcfarland-x4sАй бұрын
Thank-you. Now to get my $ back from eBay. I admit it's a beautiful fake.
@JaneTheDoe-id2vx3 ай бұрын
do you know anything about gold libertads not testing positive for gold on sigma metallic verifiers? i bought them from apmex and apmex is certain the products they sell is real but on the sigmas it isn’t within the brackets. i have 2018 and 2019 reverse proof libertads. non seem to test positive on sigmas
@s1988teve3 ай бұрын
If you have the sigma set right for weight and pure gold, the arrows should be within the green, or close to the green in the yellow. Arrows off to the left slightly is fine; arrows pointing way off the scale completely to the right indicates a fake. I would take that into consideration, and then weigh and measure the coins to make sure they are within specifications. If still in doubt, take it to a coin shop. Hope this helps.
@Redwhiteandgold3 ай бұрын
Great Vidio
@butch9073 ай бұрын
well done excellent info
@Cola643 ай бұрын
You don’t know where they made it? In my Trump voice ,,,,China ,,, China made it
@davidhamtaro3 ай бұрын
Bars are fine. Buy and sell to reputable dealers. Also, metal verifiers are cheap these days.
@kenshikenji3 ай бұрын
serial number on bar and card are so bad, knew it once you flipped. its way too fat. its not a new iteration, not even veriscan
@coindealer33093 ай бұрын
Color is off.
@tomtharos44403 ай бұрын
Amazing. Thanks.
@banger1913 ай бұрын
First video of yours I've watched, only half way through video already subscribed ;)
@ahammer70003 ай бұрын
The Romans never stop scamming
@DavidFRhodes3 ай бұрын
so is that anodized aluminum?
@JohnD-JohnD3 ай бұрын
Probably a cheap metal like copper on the inside.
@jurgenpommerenke81503 ай бұрын
This is an easy to detect fake.
@MarketHarmony3 ай бұрын
It's only easy to detect if you are familiar with the item... common consumers would be fooled unless they are educated or ushered along in their purchasing experience. But why buy any product when the authenticity will be in question at the time of selling it back to a gold buyer of some sort?
@jurgenpommerenke81503 ай бұрын
@@MarketHarmony There is no free lunch. To be able to do something means to lern.
@Nordy9413 ай бұрын
Damn it is close
@pampguru3 ай бұрын
Good video
@bobsacamano76533 ай бұрын
The other one sounds fake
@MotorcycleMayhem5953 ай бұрын
eagles
@JR-pj8pz3 ай бұрын
I always find these "FAKE" vids interesting where you point out to the counterfeiters exactly what they've done wrong. They're almost to the point now where it will be indistinguishable without doing a specific gravity test. SMARTEN UP MAN!!! You're only helping the bad guys.
@jeffw12673 ай бұрын
No, because if they use base metals, the dimensions of the bar won't match up. Brass has less than half of the density of gold. There are gold plated tungsten bars, and the dimensions are very close, but those bars are less prevalent.
@Car1Sagan3 ай бұрын
It's been awhile. Did you have a table at PAN coin show again @MarketHarmony ? I couldnt make it.
@MarketHarmony3 ай бұрын
Yes. It's a great show and getting bigger and better each time
@weiwei28113 ай бұрын
Color is also different
@thomgreve3 ай бұрын
Me watching you cut towards yourself with that blade: 🫣
@MarketHarmony3 ай бұрын
relax, I'm an Eagle Scout :D
@EricMcfarland-x4sАй бұрын
Thank-you. Now to get my $ back from eBay. I admit it's a beautiful fake.