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Are There Two Styles Of 2014 1 Oz Krugerrands?

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nss-52's Avatar
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 Posted 05/19/2016  1:39 pm Show Profile   Check nss-52's eBay Listings Bookmark this topic Add nss-52 to your friends list Get a Link to this Message Number of Subscribers
Are there two styles of the 2014 Krugerrand, or is one of these fake?

Apmex and others:
Are-There-Two-Styles-Of-2014-1-Oz-Krugerrands?

bullionbypost
and others:
Are-There-Two-Styles-Of-2014-1-Oz-Krugerrands?

Side by side:
Are-There-Two-Styles-Of-2014-1-Oz-Krugerrands?
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Edited by nss-52
05/19/2016 7:20 pm
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Buddy's Avatar
United States
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 Posted 05/19/2016  8:02 pm  Show Profile   Bookmark this reply Add Buddy to your friends list Get a Link to this Reply
That's weird. And the first F looks different.
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 Posted 05/20/2016  07:19 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
I am asking because this seller in Germany has sold at least 32 of the one on the right for below gold spot price ($200 and more per ounce under) with free shipping for a total of over $32,000 in the past 20 days or so.

This makes me think they must be fake, as no one sells gold on purpose for under spot price, EVER.

http://www.ebay.com/sch/shaderhe/m....046732.m1684

Are-There-Two-Styles-Of-2014-1-Oz-Krugerrands?

The font of the 14 in the date is different than other years, like 2013, 2015, 2016, so it is not like it was a transitional year.

But there are some supposedly reputable bullion dealers using the photo of what I think is a fake on their websites. I have asked one about it, but have received no response.
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nss-52's Avatar
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 Posted 05/20/2016  09:46 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
Other than the date, these are excellent representations of a Krugerrand. Of course, one can not test the metal content or weigh them or check specific gravity just by looking at the photographs.
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nss-52's Avatar
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 Posted 05/20/2016  10:01 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
Does anyone actually have a 2014 Krugerrand?
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sel_69l's Avatar
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 Posted 05/20/2016  10:35 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Some definitive proof needs to be found, that two different date styles exist for genuine examples.

Otherwise,
my first thought that IF false, then a tungsten core may be involved.
Industrial X-ray or ultrasound may be needed to pick the suspected fake. Comparative ring tone test alongside each other may be helpful in this situation.
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 Posted 05/21/2016  12:00 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
I heard back from bullionbypost, but they only said "the photos are taken at different times and occasionally with different camera conditions, so there can be slight variations in the colours" and failed completely to respond to the fact that the DATE of their photo is different than the DATE in other photos of the same year.

I wrote them back, seeking clarification, but they have not yet responded (it has only been 22 hours).
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 Posted 05/21/2016  10:10 pm  Show Profile   Bookmark this reply Add OttawaVoyageur to your friends list Get a Link to this Reply
Disturbing. Highly interested in seeing how this discussion evolves. I'm looking at this from an outsider perspective as I don't own any krugerrand nor do I plan to buy some in the near future but if I did, the first thing I would have done would have been to contact the issuing mint http://www.samint.co.za/contact-us/).
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 Posted 05/22/2016  12:13 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
I contacted the rand refinery (where all the non-proof Krugerrands are made), but they did not reply. They have no library of Krugerrand photos, and their website is decidedly not individual buyer friendly. The coins in question are not proofs.

The South African Mint webpage isn't much better. They have no library of Krugerrand photos. They are geared towards promoting their current products, and that is all. In my opinion, the SA mint page http://www.samint.co.za/) is absolutely worthless. For example, try to get a product brochure.
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Edited by nss-52
05/22/2016 12:27 pm
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ARcoins's Avatar
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 Posted 05/22/2016  12:28 pm  Show Profile   Bookmark this reply Add ARcoins to your friends list Get a Link to this Reply
Here are pics of a 1978 40mm Chinese "replica" Krugerrand. Actual Genuine Krugerrand size is 32.6mm. They obiously can manufacture it in correct size if they want to.

Are-There-Two-Styles-Of-2014-1-Oz-Krugerrands?

Are-There-Two-Styles-Of-2014-1-Oz-Krugerrands?
Edited by ARcoins
05/22/2016 12:29 pm
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 Posted 05/22/2016  10:51 pm  Show Profile   Bookmark this reply Add OttawaVoyageur to your friends list Get a Link to this Reply
That seals it for me. I'm never going to buy a Krugerrand on the Bay.
Is this the future of bullion trade ? http://www.mint.ca/store/mint/about....V0JumauDClI
What a shame that silver Maples are so prone to milk spotting...
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sel_69l's Avatar
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 Posted 05/23/2016  02:46 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If you are going to buy bullion on line,
then buy from a well known bullion dealer.

If you have already bought, and wish to sell on line,
then sell to a well known bullion dealer.

Those dealers may be specialist bullion dealers, or numismatics / bullion dealers.

The safest way to go.
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Pertinax's Avatar
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 Posted 05/23/2016  04:14 am  Show Profile   Bookmark this reply Add Pertinax to your friends list Get a Link to this Reply

Quote:
In my opinion, the SA mint page http://www.samint.co.za/) is absolutely worthless.


Not totally worthless, see the mint's reference to a brochure "for information on testing the authenticity of a Krugerrand coin".http://www.randrefinery.com/brochur...d%20coin.pdf

Also, the rotation of languages on circulating coins is on http://www.samint.co.za/circulation...lation-coins
Edited by Pertinax
05/23/2016 04:15 am
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 Posted 05/23/2016  06:54 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
The SA Mint's language rotation page is mildly interesting, but gives no in depth information, like examples of "the representation of the word" on the coins. But I don't want to stray off the subject of this topic (even though I started it by insulting their web page ).

The SA Mint's authenticity page reveals no secrets.

They say -- Check size, weight, and see if it is magnetic. See if it looks "odd or abnormal". Use X-ray, ultrasound or have it assayed. And finally, employ the sound test.

The only one useful to someone online is the looking for something "odd or unusual". The mint's advice is NOT to compare to images on THEIR website, because they have no library of genuine coins photos. Instead they say to "Search for high quality images of the Krugerrand coin from trusted websites" and compare to those coins.

Well, this is exactly what I tried to do with this SPECIFIC 2014 Krugerrand. I searched sites of what I thought were trusted websites, but I got two different images.

I am now trying to investigate further.

ARcoins posted an obvious fake from another year. Well, I did investigate known fake selling sites, and could not find a similar 2014 Krugerrand to the one I am questioning. I found plenty of 2014 OBVIOUS fakes similar to the one ARcoins posted.

However, I started this topic to seek information about a specific possible 2014 counterfeit version. The odd part is that a "trusted" website is using that photo.

So are there two versions of GENUINE 1 oz Krugerrands, or is a trusted website using a photo of a fake coin? I suspect the latter.
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Edited by nss-52
05/23/2016 07:14 am
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 Posted 05/23/2016  09:26 am  Show Profile   Bookmark this reply Add paxbrit to your friends list Get a Link to this Reply
The rule is, if you think it might be a fake, treat it as a fake and walk away.

It looks fake to me, given the lettering differences.

Send an email to ebay and the FBI. The FBI will forward on to Interpol or German police.
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 Posted 05/23/2016  09:48 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
Send an email to ebay and the FBI. The FBI will forward on to Interpol or German police.


Um, no, they won't.

ebay will do nothing based on if I "think it might be a fake", nor will the FBI (or the German police).

I DO think they are fakes, but before I submit any reports here when I see them for sale, I need to eliminate the (remote) possibility that they are genuine.

I could just "decide" they are fake, and submit the reports here, but what then?

Bobby, would you send a listing for these forward? You might.

If the seller is savvy, they could appeal it to ebay citing the photos bullionbypost is using, and endanger the whole process being used to rid the site of counterfeits.
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