Don't buy gold from a place that has neon lights that say we buy gold ...it's kinda a no brainer

The store should have given him his money back. Going to the news media, the guy is not trying to scam the store. Even if the store wins in court, it has cost them goodwill. I wouldn't buy from them now, regardless.

That's why I do not buy gold from local dealers. I only buy from reputable source.

Btw most reputable bullions makers do stamp serial numbers on their bars

It’s made out of tungsten, it weighs exactly as much as gold, I’m not sure how that jeweler doesn’t know that lol

I have a couple of 1 and 2 gram Gold bars - and they all have serial numbers. A 1 troy ounce Gold bar should have a serial number stamped on the bar and a corresponding number on the assay. Shop owner should have tested the bar and the guy buying it should have done his homework first - would you spend 1200 on a refrigerator or computer without doing some research before you bought it? Buying bullion isn't something done on a whim. You should learn as much as you can about bullion - and then buy some. This is a major purchase and requires due diligence. I feel bad for this guy, but did he do his part to avoid a scam? It doesn't appear he did. The store looks sketchy as well - I wouldn't shop there.

Use an earth magnet. If it slides off of the silver or gold coin, then you know its real. If it sticks, then its fake.

Gold bar manufacturers should put a small hole on the back of the card so the gold could be scanned on the machine without removal of the bar from the package

that guy is gonna lose. there is no proof that was the bar they sold him

That store is a HUGE scam.

Oh lord that packaging looks so fake I would've known immediately

I mostly buy silver but some gold. Even tho there’s a high premium I try to stick to nationally backed coins from trusted nations usually (US, Canada, England, Australia, etc.) especially those with security privy marks. I then immediately test it, and if it passes (it always has for me) I seal it in a capsule or cardboard flip.

Anyone can stamp a serial number I deal with precious metals and any one who’s running a business out of it. Should be using XRF analyzer doesn’t lie and protects both buyer and seller! Can’t afford XRF small fee to send it to be tested!

SD Bullion us selling fake gold as well they sold me 3 2.5g valcambi fake bars. Avoid them at all costs

This is not liberty coin on eBay

Reputable sellers don't sell fakes, it's not that hard to tell, they know exactly what they sold him. An expert can tell just by the look and feel, even amateurs develop this skill quickly.

I wonder what the APMEX people would say about that?

The word is out - now they have to scare everyone away from buying all the gold they want for themselves.

The store is responsible for selling real gold bar without a SERIAL NUMBER ... and DO NOT buy gold from local dealers at all. Also, the gold color and packaging looks so fake

No # on the apmex packaging? Strange. It would help

Pawn shops, coin dealers, any shop buying and selling precious metals ALWAYS test BEFORE they purchase.... difficult to believe the shop didn't know that they had ( produced... sorry ) purchased a fake..... and then sold one. To a small business owner, reputation is everything... unless reputation in not a concern.

Is this the same liberty coin on eBay? Yikes I’ve bought from them before

Someone working there swapped it

I take ALL coins (gold / silver) to Cascade Refining and pay $5 for the test. I get a print out of the results. Takes a few minutes.

That owner almost scammed them too

This guy tried to do a switcheroo and failed.

Clue me in, how a serial number would've helped?

How do chinese take coins apart and take the gold out anchor Man???

Serial numbers on gold bars, all depend on the mint! Never buy a gold bar without a serial number and from a reputable dealer !

Apmex packaging has an ID number on it.

Fools gold

I think the store didn't know either he bought it from another place too.

Best bet is to purchase from a reputable precious metal dealer.

This guy can't prove its the same gold he bought. He could have swapped it or someone else could have.

The gold store i buy it from i bring my tester with me

Newer ones have an id number on the assay card

Bogus gold 🤭

Never buy gold off eBay 🤨

Bruce doesn't sound very smart.

i buy silver

That’s why you should just buy government minted coins. Those are really hard to fake. Meeting a guy in a Walmart parking lot right now to buy that same bar in this video. I have the machine the guy at the store tested them with. Wish me luck! Hahaha

Scammers