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Buying China Silver Bars

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Author Previous TopicReplies: 11 / Views: 2,588Next Topic  
Valued Member
cuzzx's Avatar
United States
411 Posts
 Posted 05/23/2013  9:16 pm Show Profile   Bookmark this topic Add cuzzx to your friends list Get a Link to this Message Number of Subscribers
have any of you bought silver bars from china.

noticed some of there listings on ebay.

had a friend that bought some pure silver rings from china and after checking them they were silver plated.
Bedrock of the Community
basebal21's Avatar
13014 Posts
 Posted 05/23/2013  9:28 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Unfortunately what your friend experienced if the norm for listings from there instead of the exception.

I wont buy anything that gets shipped out of china. Its the counterfeiting capital of the world. I couldn't emphasize enough to stay away from any listings from there especially coins and precious metals.
Pillar of the Community
noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 05/23/2013  9:38 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
A huge percentage of the world's counterfeits come from there now, so I would never be able to wrap my head around buying coins from there. Maybe just a mental thing, but I wouldn't get anything from there that I could get elsewhere.
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swrbxxx's Avatar
Canada
834 Posts
 Posted 05/23/2013  9:42 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
It's hit and miss. If they are a trusted selled with good feedback go for it. Not everything counterfeit that comes out of china.

Speaking of numismatics and bullion lately most of the counterfeit bullion and numismatics are coming out of Canada.

Would that mean you wouldn't buy from a Canadian seller?
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basebal21's Avatar
13014 Posts
 Posted 05/23/2013  9:50 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Would that mean you wouldn't buy from a Canadian seller?


Depends on the seller.

But the big difference between Canada and China is that Canada does crack down on large rings pumping stuff out. As long as the stuff goes overseas China turns a blind eye to it
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 05/23/2013  9:50 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply

Quote:
Speaking of numismatics and bullion lately most of the counterfeit bullion and numismatics are coming out of Canada.


Really? Wow, I am shocked that I wasn't aware of this!
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swrbxxx's Avatar
Canada
834 Posts
 Posted 05/23/2013  9:55 pm  Show Profile   Bookmark this reply Add swrbxxx to your friends list Get a Link to this Reply
@ Noah

Lately there has been a bunch of Fake US eagles coming out of Canada, as well as Fake Englehard 5oz poured bars, gold maples. Just to name a few making news lately.

Also the new $100 has been counterfeited and has been circulating around the GTA area
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 05/23/2013  10:07 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
Woah! Thanks for the heads up. Can't believe I didn't hear of this. Guess I need to get out more
Valued Member
cuzzx's Avatar
United States
411 Posts
 Posted 05/23/2013  10:19 pm  Show Profile   Bookmark this reply Add cuzzx to your friends list Get a Link to this Reply
get out more, we all need to do this.
i have a fake morgan that I picked up at a flea mark for a dollar.

steve my friend has bought silver rings and bracelets from china, yes fake.

but I was looking at bars on ebay and did notice all the silver from china and just about all has bids going.

it would be hard for me to buy china silver or gold.
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allspice's Avatar
Canada
746 Posts
 Posted 05/23/2013  10:58 pm  Show Profile   Bookmark this reply Add allspice to your friends list Get a Link to this Reply
Any problems with the new Pandas? I heard something about the edge either being smooth or serrated? The serrated type being the real McCoy...
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silverwolf's Avatar
Canada
3733 Posts
 Posted 05/27/2013  8:56 pm  Show Profile   Bookmark this reply Add silverwolf to your friends list Get a Link to this Reply
i am pretty sure, that the majority of the fake stuff found in Canada: originated in China, They really need to shut down the sites that openly advertise that they make replica coins(fake)..they are everywhere..
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basebal21's Avatar
13014 Posts
 Posted 05/27/2013  9:01 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply

Quote:
Any problems with the new Pandas? I heard something about the edge either being smooth or serrated? The serrated type being the real McCoy...


Pandas are commonly faked. Stick to reputable places to buy those or ones still mint sealed and if you like nicer ones can always get graded ones. Theres a lot of places now though you can buy them who gets them directly from the Chinese mint, just dont scour the ends of the internet looking for deals to good to be true
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