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Counterfeit 5g Gold Perth Mint Bars

 
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Author Previous TopicReplies: 5 / Views: 1,919Next Topic  
Pillar of the Community
Canada
8067 Posts
 Posted 09/19/2018  5:47 pm Show Profile   Bookmark this topic Add JimmyD to your friends list Get a Link to this Message
Most of the counterfeit gold bars on eBay we have been able to get removed before they are sold.
But-
There have been a rash of counterfeit 5g Perth Mint Bars coming out of Lithuania lately. The problem with these is
that they are only 24 hour listings which doesn't leave much time to catch, report to the contact and get removed.
Although they are under different names, I believe they are all the same seller.
I will show an easy way to tell the difference although there are many more markers.

Just look at the signature on the back, on a counterfeit,
it is higher above the Bar Number than a genuine bar.
(Note: This only applies to black holders)

Just remember, gold and silver are commodities and can't be bought at a discount so if someone offers you
a "deal" because they bought it cheap, then it's probably fake.
Pillar of the Community
United States
1467 Posts
 Posted 09/19/2018  7:08 pm  Show Profile   Bookmark this reply Add Coconutjoe to your friends list Get a Link to this Reply
Great job. Very easy to tell from you pics

Thanks for the info.
Valued Member
Canada
343 Posts
 Posted 01/12/2020  7:44 pm  Show Profile   Bookmark this reply Add aghawk to your friends list Get a Link to this Reply
Thanks for the info. Will be looking at the bars that are in the auction tomorrow so will have a much better chance of telling if fake or real. Seems like the mints really have to work hard to keep up with counterfeiters these days. Too bad, one would naturally think a bar in a security package would be genuine and authentic.
Pillar of the Community
Canada
8067 Posts
 Posted 01/12/2020  8:46 pm  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Besides Perth Mint, Credit Suisse, Pamp Suisse, RCM, Umicore,
and Argor- Hereaus gold bars are also heavily counterfeited.
Edited by JimmyD
01/13/2020 07:49 am
Valued Member
Australia
446 Posts
 Posted 01/14/2020  6:15 pm  Show Profile   Bookmark this reply Add kg5 to your friends list Get a Link to this Reply
Great post JimmyD.

Nice to get that type of info. It helps many!

Bedrock of the Community
Australia
17468 Posts
 Posted 02/01/2020  12:24 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Call me cautious if you wish.
For buying and selling bullion I wouldn't go to anyone but a professional specialist bullion dealer, and in person.

Some bullion dealers offer 'pool' bullion, where your investment is recorded and they store the bullion for you, along with the purchases of other clients.
It is actually cheaper to buy bullion in this way, and you don't have to worry about storage.

Personally, I am not keen on this idea, and prefer to take my stash home.
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