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Counterfeit Gold Being Pawned And Sold In Canada

 
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Pillar of the Community
United States
693 Posts
 Posted 01/06/2017  11:49 pm Show Profile   Bookmark this topic Add Goldflake to your friends list Get a Link to this Message
[2] Recent news for all the Canada gold buyers.

Some dealers are calling for the Canadian Association of Numismatic Dealers (CAND) to implement a warning system for its members.

http://canadiancoinnews.com/near-pe...going-crime/

http://globalnews.ca/news/3114880/p...raffic-stop/
Bedrock of the Community
United States
17900 Posts
 Posted 01/07/2017  10:09 am  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Simple solution = Stop imports from China. There is so much of this on the market (see eBay) right now that I can't believe anyone would even think of buying these bars any longer, even if they were good.
Bedrock of the Community
United States
16546 Posts
 Posted 01/09/2017  10:10 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Even if you stopped ALL imports from China, they would still come in, just through a second country. China to country X and then from X to here and they wouldn't be stopped because they weren't coming in from China.
Gary Schmidt
Pillar of the Community
United States
3674 Posts
 Posted 01/09/2017  11:47 am  Show Profile   Bookmark this reply Add ExoGuy to your friends list Get a Link to this Reply
A buddy of mine works for a company that rents parking. Among the recent receipts was an 1894-S "dollar" that is a Chinese fake. It's underweight and attracted by a magnet. Apparently, eBay, flea markets and such aren't the only places to find them.
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