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 Replies: 9 / Views: 4,806 |
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Pillar of the Community
United States
592 Posts |
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Pillar of the Community
United States
3670 Posts |
That is why I like to stick to the small 1 oz rounds, as they are not worth the trouble an time to fake, as much as it is worth to fake a 100 oz bar....
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Pillar of the Community
United States
2049 Posts |
There are some really well made fakes out there. One of the shops in town bought one and kept it as a learning tool for employees. They showed it to me and I wouldnt have been able to tell the difference myself. Luckily back then silver was around $12 so it wasn't as bad as it would be today. I observed the same shop buy one over the weekend. They put it up on top of an Ike dollar coin tube and then tap it and listen for the proper tone for silver. I guess my hearing isn't sharp enough to distinguish the sounds, so that is one of the reasons our shop made it a policy not to buy them. |
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Bedrock of the Community
Australia
21786 Posts |
With the density of silver between that of lead and copper, it is possible to alloy copper and lead in the right proportions to get the density of silver. A bar of lead / copper alloy so produced, then just has to be plated in silver and stamped with bogus stamps of authority.
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Pillar of the Community
United States
4008 Posts |
Counterfeiting like this just makes my skin crawl. What a lousy thing for people to be doing.  Quote:
That is why I like to stick to the small 1 oz rounds, as they are not worth the trouble an time to fake, as much as it is worth to fake a 100 oz bar.... - Silverhawk That's probably the best defense against this kind of thing, although that sonic thickness gauge looks like a really handy tool for spotting these fakes. What about the middle ground in collecting silver? If I ever start collecting bars, they will likely be 5-10 oz. in size. I could see them being faked too, if the price of silver goes much higher. Oh, well. As someone who probably would not recognize a fake bar if I saw one, buying from a well respected dealer who buys directly from the producer seems like a real good idea.  |
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Valued Member
United States
124 Posts |
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Bedrock of the Community
United States
10045 Posts |
I don't understand people risking $$$ for bullion on ebay.  |
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New Member
United States
34 Posts |
ya but on the other hand I belive its a fed offense to do this and if you do get a fake act quickly and phone ebay get your money back and bar goes to ebay not seller and ebay will do the rest so very seldom does this happen but it doe thanks |
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Pillar of the Community
United States
4008 Posts |
Quote:I don't understand people risking $$$ for bullion on ebay. Me neither. IMHO, buying bullion on ebay would be similar to buying from a guy in an alley who has some silver bars under his trench coat. "Psst, hey, buddy! Wanna buy some genuine silver bars? I got a great price here!" Makes me wanna clutch my wallet extra tight and run like he||! |
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Rest in Peace
United States
9104 Posts |
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That is why I like to stick to the small 1 oz rounds, as they are not worth the trouble an time to fake, as much as it is worth to fake a 100 oz bar.... Faking 1 oz rounds won't get you a counterfoot charge. Faking Morgan dollars will, and they already do that. Rounds can't be far behind. A 100oz bar only needs one assay. 100 rounds need 100 assays. |
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Replies: 9 / Views: 4,806 |
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Posted 04/27/2011 4:20 pm
