Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Estate Auctions - $1 Coin AuctionsJoin Thousands of Coin, Bullion, & Money Collectors Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Specializing in Modern Numismatics Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

If Buying Gold Bars, Also Buy ...

To participate in the forum you must log in or register.
Author Previous TopicReplies: 37 / Views: 7,254Next Topic
Page: of 3
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 09/20/2012  8:58 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
2-stick with silver instead of other PMs because the cost/oz is down where it isn't worth the bother for the bad guys to go to the trouble of counterfeiting it.


I mean everything gets counterfeited but bars are at more of a risk than if you stick with the minted coins and buy from reputable places that get them direct from the mint
Moderator
Learn More...
SPP-Ottawa's Avatar
Canada
10458 Posts
 Posted 09/21/2012  01:48 am  Show Profile   Check SPP-Ottawa's eBay Listings Bookmark this reply Add SPP-Ottawa to your friends list Get a Link to this Reply

Quote:
An accurate digital scale would have been easier to initially ID the problem (I would guess the buyer did this before drilling).


For a 10 oz bar, the difference of weight between tungsten and gold would only be 0.9 grams. Cover the tungsten in a layer of real gold, and the difference is smaller. I bet the weight made the short list for which bars to drill, however. A good scale to three decimal places would be a start...

Also, tungsten is weakly magnetic. If you get a powerful industrial magnet on a string, or a swing magnet that geologists use in the field, you might be able to detect it...
"Discovery follows discovery, each both raising and answering questions, each ending a long search, and each providing the new instruments for a new search." -- J. Robert Oppenheimer

Content of this post is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License. See: http://creativecommons.org/licenses...0/deed.en_US

My eBay store
Valued Member
silverdollar2011's Avatar
United States
385 Posts
 Posted 09/21/2012  03:50 am  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
Gold Foil would really be useful and safe in the future lol
Valued Member
silverdollar2011's Avatar
United States
385 Posts
 Posted 09/21/2012  03:57 am  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
Personally, I rely on the smell test for determining if my silver is fake or not. If it smells like clean sweet distilled water, it is real but if it smells like acetone or something acidic, it's most likely to be fake. In addition, drop tests work wonders too.
I would like to point out that there have been MANY Sunshine Minting Silver Bars circulating on sites such as ebay and I've been a victim, I bought two bars and smelled them, they both smelled like acid so I instantly knew they were fakes and got my full refund, several days later the seller got bombarded with many negative feedbacks.
Valued Member
silverdollar2011's Avatar
United States
385 Posts
 Posted 09/21/2012  03:59 am  Show Profile   Bookmark this reply Add silverdollar2011 to your friends list Get a Link to this Reply
NOOOO, I just peeled back the gold from my 1oz gold coins and found chocolate... lol
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 09/21/2012  8:56 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
That's interesting Ed, must be some way better that drilling holes lol.

Indeed it is. Most of us would not want to be drilling holes in any of the PMs we own, nor would be like the idea of a buyer wanting to do that before buying an item we have for sale. From what I understand, the sonic test is not specific for gold but it just happens that most metals have different sound propagation velocity through their atomic matrix. Some of them are quite close, though, such as tin and gold. Tin is a lot lighter than gold, though, so a specific gravity test should eliminate the use of tin as a gold contaminant.


Quote:
Ed is this a solution?

Yes, an XRF detector can do a very good job of detecting gold in various alloys (14k, 18k, etc) and should be able to differentiate gold plated items from solid gold items. It is not usually a cheap device, though... maybe $500-1000 or more for the unit in the video. I went to their web site. There is a lot of info there but no prices that I saw. I noticed that they do lease these units, though, which indicates that they are expensive. It doesn't usually pay to lease something that is cheap.

The beauty of the sonic detector is that the technology in it should be cheap. All it needs is an ultra-sonic sound generator, a timer, and a signal detector. The generator sends out a pulse, the timer starts running, the signal bounces back from the other side of the metal, and the timer stops. By knowing the length of the metal and the time the pulse took to travel through the sample, a speed in meters per second can be calculated. A very basic on-board computer could handle these steps. I have not seen such a unit for sale anywhere but I am pretty sure that they are out there somewhere. There are lots of portable ultra-sonic thickness gauges, so one of them might also read out in m/s. If it did, then all you would need is the speed and a chart of speeds for various metals to determine if you had pure gold or a gold + something else mixture. An even simpler test for specific gravity would be needed to see if the gold item in question was of about the right density to be gold, although tungsten can fool this test. Combining the results from the two tests should give the best results by eliminating the potential interference from tin (sound test) and tungsten (spec. grav/test).
Valued Member
Adorus's Avatar
Canada
299 Posts
 Posted 09/22/2012  3:23 pm  Show Profile   Bookmark this reply Add Adorus to your friends list Get a Link to this Reply
Luckily RCM coins are never gonna be that way :)
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 09/22/2012  5:13 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply
UPDATE!

Apparently, the good folks at Gold Money have a very sophisticated ultra-sound machine that has technology that is similar to that used in medical applications. This is not a cheap hand-held unit but it seems to work amazingly well. So well, in fact, that Gold Money is advertising that ALL of the gold held in their vault is tested with this machine and that they consider this good enough to be proof of authentic gold bars, rounds, and coins. See here:

http://www.youtube.com/watch?v=rh0Mcagio5Q


Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 09/23/2012  12:53 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply

Quote:
Ed is this a solution?

I saw one of those on hardcore pawn on TruTv and if I remember correctly it costs about $10,000.00 for the machine. If you are a bullion dealer it would pay for itself if it saves you from buying a fake one like this a couple of times but for the end user I wouldn't think it would be. It may be good for the end user to only buy from dealers that do have a machine like this and have them show them use it in front of them to prove its real. I know a long time ago when I purchased a diamond ring from a small place and the diamonds was VVS1 and looked fake so they used a diamond tester in front of me to prove they were real
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 09/23/2012  2:48 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply

Quote:
I saw one of those on hardcore pawn...


I saw that too, they were having a hard time justifying the price but ended up trying it out or something. Never have seen they using it though, wonder if they do.
Pillar of the Community
GoThunder's Avatar
United States
830 Posts
 Posted 09/23/2012  2:54 pm  Show Profile   Bookmark this reply Add GoThunder to your friends list Get a Link to this Reply

Quote:
UPDATE!

Apparently, the good folks at Gold Money have a very sophisticated ultra-sound machine that has technology that is similar to that used in medical applications. This is not a cheap hand-held unit but it seems to work amazingly well. So well, in fact, that Gold Money is advertising that ALL of the gold held in their vault is tested with this machine and that they consider this good enough to be proof of authentic gold bars, rounds, and coins. See here:

http://www.youtube.com/watch?v=rh0Mcagio5Q


Well there you go! Any chance we can get an audit of Fort Knox with one of those?
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 09/23/2012  6:12 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
Any chance we can get an audit of Fort Knox with one of those?

Yeah, don't we just wish! The paperwork at Ft. Knox might be real interesting to a forensic accountant as well.


Quote:
If you are a bullion dealer it would pay for itself if it saves you from buying a fake one like this a couple of times but for the end user I wouldn't think it would be.

. When I started looking at this, I was hoping to find a small unit that would be in the $100-200 range. At that price, a lot of bullion and coin collectors could afford to have one. I am still searching. Will update if anything of interest turns up. If not, I may need to get into my workshop for some development.
Pillar of the Community
SteveCaruso's Avatar
United States
1796 Posts
 Posted 09/27/2012  8:07 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
XRF cannot penetrate deep enough to detect gold or silver plating.

Also, even ASEs are being counterfeited: http://fakes.numismetrica.com/categ...lver-eagles/
Valued Member
United States
200 Posts
 Posted 09/28/2012  5:19 pm  Show Profile   Bookmark this reply Add lincsus to your friends list Get a Link to this Reply
This is really scary. I have been buying silver till now and was thinking of buying some gold. I do see some good deals for gold locally in CL but I have not done anything yet. My biggest concern is how to be sure it is real. I am not a jeweller and I cannot tell gold if I see it. I can try to but american eagles or maples but even they can be fake. What is an easy way to find if it is actual gold?
Pillar of the Community
Ed_B's Avatar
United States
4008 Posts
 Posted 09/28/2012  5:34 pm  Show Profile   Bookmark this reply Add Ed_B to your friends list Get a Link to this Reply

Quote:
XRF cannot penetrate deep enough to detect gold or silver plating.

If not, then ultra-sound looks like the best option.
  Previous TopicReplies: 37 / Views: 7,254Next Topic
Page: of 3

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.34 seconds to rattle this change. Forums