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 Replies: 8 / Views: 10,536 |
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New Member
United Arab Emirates
9 Posts |
Hi guys, I'm planning to buy a 1 oz kangaroo, but as I'm buying from a person, I'm really worried that it could be fake.
Could you please help give me some pointers on this particular coin. The ad does not show the actual coin, just some webshots of the model. I'm not experienced in assaying but I'm hoping there are some give always. I'm seen many videos of fake gold and silver not responding to strong magnets.
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Pillar of the Community
Australia
1005 Posts |
Pure gold and Pure silver are both NOT attracted to magnets.
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New Member
 United Arab Emirates
9 Posts |
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Bedrock of the Community
Australia
21786 Posts |
I have never heard of fakes of these, but I like your attitude in being careful. The Perth Mint has very high production standards. Personally, I would rather prefer to buy from a private individual in person, and ask for a receipt, even if it is entirely hand written. This becomes a legal document. Any registered business would, as a matter of course, issue a receipt. I am very loathe to spend large amounts of money via the Web, unless the individual or dealer is well known to me. I like to see the coin in hand before I buy. I note that you are from the UAE. I have seen pictures of gold coin vending machines operating in this part of the world. They are usually located in banks. You may wish to investigate this possibility. |
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Valued Member
Australia
157 Posts |
if it's at bargain price then run away , lol maybe ask the seller to do the transaction in the local police station and see if he turns up , I did find this http://www.bullionbaron.com/2012/01...er-gold.html , I know very little about decimal gold, good luck |
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New Member
United Arab Emirates
9 Posts |
Thanks for the fast replies guys.
Sel, I'm to meet the seller in a few hours but I don't really know how to tell the difference other than by weight and even at that I'm not great.
Belly that is the best resource I've found and actually shows a fake & how to spot a few differences. The worst part is their very true disclaimer "Of course there's no guarantees that other Kangaroos aren't circulating without these differences."
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Valued Member
Australia
157 Posts |
Hi Darth ,here's a utube clip of real coin , I bet you have most likely see it tho http://www.youtube.com/watch?v=JUA5T7XLcfA I would be asking about the providence of the coin too . yep I hope you get a winner , and if it's a fake headbutt the seller for me will yar  |
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Bedrock of the Community
Australia
21786 Posts |
Note down the differences carefully, and take a jeweler's loupe with you.
Your very first words should be ones of doubt, to give yourself the psycological advantage in the negotiation.
Reference bellyflorin's website to the seller.
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Valued Member
Australia
157 Posts |
Darth ,If that gold roo turns out to be a fake , I say The Australian Federal Police would like to know about it .
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Replies: 8 / Views: 10,536 |
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Posted 02/25/2012 12:29 am
