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Can You Get A Certificate Of Authenticity With Bullion Bars?

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Pillar of the Community

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 Posted 08/19/2014  04:02 am Show Profile   Bookmark this topic Add Fox to your friends list Get a Link to this Message Number of Subscribers
If you buy a bullion bar, such as a 100 ounce or 1,000 ounce silver bar, can you get a Certificate of Authenticity for them, to make sure they are real silver, and not just a drilled out, lead-filled counterfeit? I'm curious to know. Thanks in advance for any answers.
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Libertad's Avatar
Canada
3692 Posts
 Posted 08/19/2014  11:09 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Mints and refiners have their own certificates that come with the bar. Hmmm, but I'm thinking of one ounce gold bars. Otherwise if you want an assayage you have to send the bar to a refiner and you'll get an assay report and compensation, but your bar will have been smelted and not yours anymore. I'm unfamiliar with independent certifiers for bullion.
Edited by Libertad
08/19/2014 11:13 am
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 08/19/2014  11:11 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
In my experience the answer is no, you cant. You need to trust the person you are buying it from, as well as trust your instincts. bring a magnet, and a scale, know what the item should weigh down to at least 1 decimal (most will say 2).

All bars will have the name of who produced it stamped into it, again, know what the stamp should look like, and inspect this.

Buying silver is a lot about knowing who you are dealing with, and knowing what the silver should look like and weigh.
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ace_ftw's Avatar
Canada
1747 Posts
 Posted 08/19/2014  11:12 am  Show Profile   Bookmark this reply Add ace_ftw to your friends list Get a Link to this Reply
However Liertad is correct gold normally has a certificate
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Libertad's Avatar
Canada
3692 Posts
 Posted 08/19/2014  11:14 am  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
Lol Liartard, I like that!
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