Thanks for posting this video. If buying on ebay, I'd definitely suggest only buying from the major reputable bullion dealers. If buying a gold bar in person, have the seller scan the bar with one of those guns. Anyone who is a significant player in the bullion business with have one. If they don't, they're subject to get scammed too. The bar in the video would have fooled me.
Break it out of the package every time. Bend it with your bare hands. Leave a tooth mark. If you can't do that then it's fake. These bars are meant to fool people at the top of the industry and if you don't know what you're doing you will be duped. There's a saying in the coin community: "buy the coin, not the holder", and it rings true in the bullion business. I hope everyone can buy real gold and play with it and not cherish it so much. By that I mean that if it's in a shiny-shiny form (pristine) you are less likely to test it. Bullion is bullion; it's not meant to be sacred.
One thing I noticed in a fake I once saw was that the font of the serial number is different than the genuine article. But again, don't rely on the packaging.
I'm new here and this topic is what spurred me to register so that I could join the discussion. I recently purchased a Perth Mint gold bar in the new 'black' packaging like the one in the video. After viewing the video, I immediately got my bar out to inspect it. The packaging looks intact and the thickness appeared to be thin (compared to what is revealed in the video). I am including a picture to show the digital dotted serial number. I called the dealer that I bought it from and they assured me that they do not buy bullion from anybody but the mint that made it.They also told me that if I had a problem with any bullion bought from them, they would make it right through refund or replacement. I asked about the digital dotted serial number and they said they had not heard that. I'm not wanting to step on anybody's toes here, like I said, I'm new here, just looking for what is and what ain't.
edit: sorry, can't upload pic, it shows serial number as dotted characters
This is what the new Perth serial numbered Black assay cards look like.
Notice the letter and numbers are uniformly correct. Concise and closer together. Bar is snugly packaged, no rattle. China fakes[pictured above]are close to the real thing.
Welp, if that's the case (2 dots vs 3), it appears I've bought a fake.
The dots are so close, they become one blob, but there are definitely only 2 under magnification. Also, the number 1 is has a line beneath it (serif), vs what I've seen of the real version, which is without the bottom line.
The package does not warp or bubble around the bar as videos have shown, but the plastic film is separating a bit around the edge of the bar. The thickness seems on par with a normal Perth bar.
This was purchased from a major dealer via ebay. I will be contacting them tomorrow, and would rather not say who it is before I give them a chance to explain.
Another pic of the die bleeding over the edge on the back:
Full pics:
Oh, and... hi, I'm the new guy! Suppose this isn't the greatest introduction, but, thanks for your help!
Whats even more troubling is that most people that get burnt buying fakes will want to try and get some money back, one way or the other... so ya these will be floating around, well like forever.
snt, take it to one of those we buy gold places and pay them $5 to scan it. That will tell you definitively if it's gold or not. If you have a known good bar, take it too.
I'm in contact with the dealer, and they are investigating. They assured me all bars come directly from the mint and there is no way this could be a fake. Perhaps Perth Mint is using a new printer for their bar numbers, with a different number of dots?
The photos on APMEX for this bar show a bar number similar to what I have - (2-dots horizontally on the 0, and line under the 1), but the back of the bar pictured looks different (i.e. authentic) - kangaroos do not cut into the edge at all, the bottom left most kangaroo shows just a small tail (mine shows a tail and small bit of the back hump), and the edge appears to have a ridge (mine is a flat-bevel vs this ridged bevel).
Yeah- I'm probably thinking too much about this, and should just have it fully tested, but that requires breaking it out of the package, which I'm not quite ready to do... We'll see what the retailer comes back to me with on Monday!
You can absolutely have it tested without taking it out of the package. I sold two one once bars to Gainesville coins a year or so ago at a coin show. The guy had one of those gun scanners that worked right through the packaging. I saw myself on the readout that indicated they were both pure gold.
Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Contact Us | Advertise Here | Privacy Policy / Terms of Use