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Fake 1oz Gold Bar

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Author Previous TopicReplies: 33 / Views: 7,422Next Topic Page 3 of 3
Pillar of the Community
United States
1119 Posts
 Posted 02/25/2016  7:54 pm  Show Profile   Bookmark this reply Add Steele to your friends list

Quote:
I think the coin shop should refuse to return the bar and tell the guy to call the police

that would be theft
Pillar of the Community
United States
1913 Posts
 Posted 02/25/2016  11:49 pm  Show Profile   Bookmark this reply Add Bret to your friends list
OK, better idea: the coin shop should just call the police and tell them that they have a counterfeit gold bar that someone tried to sell to them. The police arrive and take it. I seriously doubt they'd get it back. The bottom line here is that the bar needs to be destroyed. Otherwise, it will continue to be used to defraud people.
Valued Member
United States
110 Posts
 Posted 02/14/2017  2:59 pm  Show Profile   Bookmark this reply Add CowboyB to your friends list
If you take a counterfit $100 to the bank cant they confiscate it?
Bob
Pillar of the Community
United States
1913 Posts
 Posted 02/14/2017  3:19 pm  Show Profile   Bookmark this reply Add Bret to your friends list
Not only can they, I'm pretty sure they are required to confiscate it.
Bedrock of the Community
United States
11951 Posts
 Posted 02/14/2017  7:32 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
I guess I should have posted a followed a update to this post.

The shop work with the customer. ebay did not want to do anything for the guy.

But PayPal did. The shop wrote up a letter. Told what tests we did and what
NTR Test results were. PayPal refunded the money for the guy who bought it.

We are not sure what they did with the ebay seller.
Pillar of the Community
Australia
7096 Posts
 Posted 02/14/2017  7:40 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list

Quote:
We are not sure what they did with the ebay seller.


They probably gave the seller a stern talking to and then offered another 100 free insertions
Moderator
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United States
54283 Posts
 Posted 02/14/2017  7:55 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
Yes, they make fake gold American Eagles. I will post pictures of a few if anyone wants to see them.
Pillar of the Community
United States
697 Posts
 Posted 02/14/2017  11:27 pm  Show Profile   Bookmark this reply Add Goldflake to your friends list
After my research of sales on ebay, of the last 1,000+ Perth Mint gold bars on ebay sold by sellers with less than 150 positive, legitimate seller feedbacks, 75% of Perth Mint gold bars sold on ebay are counterfeits produced in China.

That's right, 3 out of every 4 bars sold are fakes, when sold by sellers with less than 150 positive, legitimate seller feedbacks.

Why would anyone sell gold at spot price minus 10% to 15% in ebay and PayPal fees? Think about it.

Get your gold authenticated! Later in life, when its time to cash out, you get nothing!
Bedrock of the Community
United States
11951 Posts
 Posted 02/15/2017  05:52 am  Show Profile   Bookmark this reply Add GR58 to your friends list

Quote:
Yes, they make fake gold American Eagles. I will post pictures of a few if anyone wants to see them.


I am curious, and would like to see the pictures.

I think it is always good to know more about what to watch for
with fake gold.
New Member
United States
3 Posts
 Posted 02/15/2017  08:15 am  Show Profile   Bookmark this reply Add goldfeather to your friends list
I would also like to see the pictures, I already found some of these coins being openly sold in (Not Allowed).com. Apparently they can even pass tests according to the supplier. Anybody of you ever seen such coins in real?
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United States
54283 Posts
 Posted 02/18/2017  7:29 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list

Quote:

Quote:

Yes, they make fake gold American Eagles. I will post pictures of a few if anyone wants to see them.


I am curious, and would like to see the pictures.

I think it is always good to know more about what to watch for with fake gold.


Fake-1oz-Gold-Bar

Fake-1oz-Gold-Bar
Pillar of the Community
United States
5838 Posts
 Posted 02/18/2017  11:01 pm  Show Profile   Bookmark this reply Add macmercury to your friends list
That is one really nice looking 'Legal' fake gold coin in slab.
Valued Member
United States
397 Posts
 Posted 02/19/2017  8:21 pm  Show Profile   Bookmark this reply Add smoke1439 to your friends list
This is becoming spooky. GR58, so APMEX was not the ebay seller, correct?
Bedrock of the Community
United States
11951 Posts
 Posted 02/19/2017  11:08 pm  Show Profile   Bookmark this reply Add GR58 to your friends list
Smoke1439, correct ... when the customer came back he had
a printout of the seller .. sorry I cant remember which one it was
Pillar of the Community
United States
697 Posts
 Posted 02/27/2017  02:04 am  Show Profile   Bookmark this reply Add Goldflake to your friends list
Here's a fake $50 U.S. 2011 gold Eagle sold on 12/31 by galacticdesignco
152377603466 for $1,100 minus fees probably around $950. pocketed.
http://www.ebay.com/sch/galacticdesignco/m.html

Quote:
Beautiful coin, 1 oz fine gold, in protected coin display.
NO RESERVE because we need whatever we can get for it asap to pay for unforseen circumstances...

Fake-1oz-Gold-Bar Fake-1oz-Gold-Bar

galacticdesignco also has a counterfeit gold bar up now 152450572831
Edited by Goldflake
02/27/2017 02:05 am
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