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1 Oz. Perth Mint Gold Bar - Real Or Fake? :)

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Raphael01's Avatar
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18 Posts
 Posted 04/27/2024  7:22 pm Show Profile   Bookmark this topic Add Raphael01 to your friends list Get a Link to this Message Number of Subscribers
Hello Everyone,

I hope that all of you are doing well!

What do you think, real or fake? :)


1-Oz.-Perth-Mint-Gold-Bar---Real-Or-Fake?-:
1-Oz.-Perth-Mint-Gold-Bar---Real-Or-Fake?-:
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Coinfrog's Avatar
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94367 Posts
 Posted 04/27/2024  7:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Why do you think it might be a fake?



to the CCF!
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Raphael01's Avatar
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 Posted 04/27/2024  7:53 pm  Show Profile   Bookmark this reply Add Raphael01 to your friends list Get a Link to this Reply
Hello Coinfrog,

what is the CCF? :)
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Raphael01's Avatar
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 Posted 04/27/2024  7:55 pm  Show Profile   Bookmark this reply Add Raphael01 to your friends list Get a Link to this Reply
Oops, I made a mistake and I understood after CCF = Coin Community Family. :)

I wonder if it's a fake because I would like to buy it and I know that some of you will see right away if it's a fake. :)
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Spence's Avatar
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 Posted 04/27/2024  8:00 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Well it has a matte finish, which is good, but I think that you should absolutely get this XRF'd to be sure.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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BH1964's Avatar
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 Posted 04/27/2024  10:54 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Is the seller reputable? There plenty of high quality forgeries out there. I'd certainly want to XRF the piece with the dollar value being so high.

Welcome to CCF!
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Raphael01's Avatar
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 Posted 04/28/2024  8:57 pm  Show Profile   Bookmark this reply Add Raphael01 to your friends list Get a Link to this Reply
Thank you everyone. It sold out and I was not confident enough to spend this kind of money without being sure.

Thanks again! :)
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 Posted 04/29/2024  6:04 pm  Show Profile   Bookmark this reply Add manosgerms to your friends list Get a Link to this Reply



FWIW I bought two bars in late 2016 and immediately I got them they were clearly fake - I could tell without taking them out of the seals as they were far too thick to be a bar. The serial number was also a little suspicious as it was too cute but each bar was different.

The seller was nice enough of it but I think he took a bath because he bought it such a long time before that he couldn't get his money back.

If you do not buy from an absolutely top professional dealer such as a mint or some of the absolute best people on ebay you are likely to get into potential trouble.

here are the pictures sorry for the poor quality - that was just to demonstrate to ebay that they were fake.

1-Oz.-Perth-Mint-Gold-Bar---Real-Or-Fake?-:
1-Oz.-Perth-Mint-Gold-Bar---Real-Or-Fake?-:
1-Oz.-Perth-Mint-Gold-Bar---Real-Or-Fake?-:

By the way, I ended up sending a very strongly worded letter to the Perth Mint because they had been giving dimensions of their 1 oz bars that were clearly wrong - taking the maximum length, width, and thickness of all the bars they do and putting them as the maximal dimensions. However if you had a bar with all dimensions at maximal it would be a 3oz bar.
They changed their website specs a bit because of that but not quite to my satisfaction.

This was quite a nice fake by eye as long as you didn't look at the thickness,,, it was clearly a very well plated brass bar - in the packaging it looks pretty convincing if you don't notice the thickness so worth being careful.

A good seller will show all three dimensions of the bar if they are careful - that doesn't mean someone who doesn't show that isn't honest, they just probably haven't thought about fakes that much and may not be as experienced. I am very convinced the person who sold me the fakes just didn't have enough experience to know the issues but he was also a top ebay seller - not all top sellers are experts in every single thing they sell - they might be coin experts but have little experience with bars for example.
Edited by manosgerms
04/29/2024 6:06 pm
Valued Member
United States
136 Posts
 Posted 04/29/2024  6:55 pm  Show Profile   Bookmark this reply Add manosgerms to your friends list Get a Link to this Reply
Just to add to that, at least on ebay, most sellers will happily show a photo side on if you ask them.
For 1oz bars it is actually quite hard to make a proper sized bar of the correct weight so if you ask them the measurements of each dimension and the density you get from dividing the weight by the volume is correct then you can have some significant confidence that it is good.
For 10oz and especially 100oz bars there were some scary forgeries that used real gold that was pretty thick surrounding a core of tungsten which has almost identical density as gold. Those bars had enough gold thickness to prevent XRF from working and they used a lot of real gold. But when you have 10oz gold bars worth 22k you still make out really well even if you have 5oz of gold surrounding the tungsten.
This is the article
https://theelevationgroup.com/fraud...n-manhattan/

My bet is that 1oz bars cannot be made this way because they are so thin, but it is only a matter of time before it becomes economical even for this if the price of gold keeps going up.
So worth being careful even with XRF... you only need a mm of real gold wrapping tungsten to food the XRF...
Edited by manosgerms
04/29/2024 6:59 pm
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