Open to fun/interesting suggestions. The following are a list of fake silver bars and coins which have been reported (to name a few). In the case of the Northwest Territorial Mint 1-ounce silver bars, the counterfeits are 50 percent thicker, at 0.126 inch, versus 0.083 inch for the genuine bars. Required fields are marked *. So this test will not reveal many of the silver fakes on the market, however it is definitely worth trying. I learned that when you want to sell them you will only get spot for them. I consider silver to be a more logical source of alternative currency, because its more affordable personally, more people trust silver, more are more familiar with its look and value and, lastly, it was a staple of American currency up until around 1964 in our common coinage which was about 90% silver content of the dimes, quarters, half dollars and silver dollars. Details of the weight and fineness also appear. Unfortunately, the magnetism check requires a somewhat powerful magnet to prove. As low as: $ 26, 540. $311.99. Andrew Martineau, vice president of merchandising at APMEX, says any bullion products the firm purchases from secondary market sellers are metallurgically tested individually to confirm their authenticity. The silver saddle photo white horse was chopped back two steps, the tremendous force made his hands numb.I ll go, the strength is nine hundred and up.I don t know if there are passive skills to assist.Everyone be careful, these red armored soldiers have mid range and long range skills.Panshi stopped completely when he heard the reminder from the silver saddle shining on the white horse . FakeBullion.com LLC. See Items for sale hereAlso on Instagram: Bargain Numismatics, Seen a thread on a Facebook group about a batch of fake 1 oz bars from (the dealer). However, this betrays one of the most powerful identifying properties of real silver: silver is not magnetic. Quantity CC/PayPal Wire/eCheck Digital Currency 1-9 $324.04 $314.60 $314.60 10-49 $320.95 $311.60 $311.60 50+ $317.86 Also added a few of the Academy ones that I finally found at reasonable prices since they usually have a much higher premium. Hansen said his company makes more than 18,000 products, with nonbullion products also being counterfeited. To give a little balance to the thread. Display as a link instead, Witty sig line currently under construction. All brand names and designs remain trademarks of their respective owners. I also think they supplied BYB with a fake gold coin too but were very quick to put things right. Palladium. Try as I did I could not move real gold with the same test. Can't say 100% however the reverse looks right for these, and also the Crown ,and lettering. We are always locating and documenting counterfeit bullion items and add new entries to the database each week. US $ 13. The popular bar style is available in a number of weights, with the 1 Kilo bar the latest . I wouldn't have even thought about checking for fake silver. The counterfeit bar is about 1 millimeter too narrow, but otherwise very closely matches the size and weight of the genuine bar. Honestly Scottsdale products are not worth the premium. This Latin phrase translates to 'Prepared for all things'. "This man gets on the phone, and he's like, 'Listen here. Sunshine Minting is also reported to be a target of the counterfeits, although the examples Davis purchased did not include any Sunshine Minting pieces. Inscripted upon the reverse of the coin is 'In omnia paratus'. Scottsdale Stacker 5 oz Silver Round $ 154.75 Scottsdale Gold 1/100th Oz Bar $ 31.30 Scottsdale Mint Lion Round 1/2 oz Silver Round $ 15.32 Buy Gold & Silver Online from a Precious Metals Provider Scottsdale Mint | Buy Precious Metals You Can Trust Ever wonder what it takes to produce the world's finest silver and gold bullion? update: am trying to get the exact information as to how they got to them etc. Be aware also that copper is another highly conductive metal and will also have a similar effect on ice. The alleged seller is identified as being sought by authorities in Gloucester County, N.J., for bilking two New Jersey dealers with similar counterfeit bullion products. Winner numerous NLG Literary Awards. Your resource for identifying counterfeit bullion. This is a good test to start with, however be aware that many of the metals used in these fakes (i.e. Would be very hard to fake them. This is quite difficult to detect but can be tested by holding the bar or coin on a 45 degree angle and sliding a small magnet down it. Silver bar not only attracts, but actually picks up a small magnet. The following are a list of fake silver bars and coins which have been reported (to name a few). One reason I wouldnt touch them with a bargepole. You cannot paste images directly. 1 oz Scottsdale Silver Bar. Your previous content has been restored. The acid test should be considered a last resort as it will mark the silver. (Photo credit: Wikipedia). If the price is too good to be true it probably is. Be very careful about where you buy silver. For more information, please see our The wavy lines are thinner and never touch each other on the genuine bar. The detail and quality of these fakes are very high making it very hard to tell the difference between a fake and an original. Thickness: 5.20mm. The wavy lines are thicker on the counterfeit bar, nearly touching each other. To forgive is to free a prisoner, and to discover that prisoner was you. Some of the better quality fakes are very close to the actual weights. Can you tell if your silver is real or plated (fake)? Thank you for your patience. There is a diffence inexpectations onboth sides. Sort by: Scottsdale 5oz Silver Round Stacker In Stock Martineau said APMEX conducts the extensive testing to ensure that the bullion products they sell are all genuine. He is just the middleman. and our Past performance is not indicative of future results. One relatively easy and fun way to test your silver bars and coins is to place a cube of ice on them. Some of them are easily spotted because they are missing the denomination (e.g. Many, many perfect transactions with other members. Copyright 2018 American Bullion, Inc. is a Registered Trademark. If there is, it's fake. Pasted as rich text. 93.00 4 bids 7.15 postage The counterfeit coin was sourced in Thailand, 2007. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use, Offers and discounts available for Platinum & Platinum PLUS Premium Members , *Promotion* 1 Trial Silver Premium Membership , NEW Newbie FAQ section - link to NEW Newbie FAQ section. Examples can be purchased online well under $1 each, in quantity. 5 kg Silver bar (Photo credit: Wikipedia). 25.40-.06 (-0.26%) EUR/USD. Pure silver is incredibly delicate and soft, not very conducive to retaining a bar or coin shape. Buying silver from an online marketplace is riskier than buying from a bullion dealer. The problem I see is folks are buying new "semi numismatic" coins at a premium but the dealers are receiving them and passing them as bullion regardless of condition and premium. A quick and reliable method to identify the most common fake silver is to weigh it. B33TR00T In order for this test to be most effective it should be carried out with a measurement test, see below. 1 First, try the magnet test. Upload or insert images from URL. The fake bars and ingots are offered online with the description of the composition accurately described as being base metal plated over with silver. It made the trouble of creating the fake more profitable and worth their efforts. Instead, silver bars and coins (and jewelry, etc.) If the magnet can be picked up with the silver coin or bar then it is 100% a fake. The problem is not with alibaba, they are accurately describing what they are selling. For the latest up to date stats please see the stats in the ride sidebar when browsing from desktop. which is why i take zero pity on em when i order-- multiple follow ups,, some berating about no coupons,, anyway i can to try an get a BUY AND SELL COINS SAFELY AND WITH CONFIDENCE. 90% Silver: 3 Fake bullion coins and bars are often bought by scammers and sold to unknowing individuals who use websites like Craigslist (even eBay). A fake coin or bar on the other hand is more likely to make a dull thud. Measuring silver with a pair of callipers is another reliable method to tell a genuine silver bar or coin from a fake. If you look around on the internet regarding fake silver bullion then it seems these Scottsdales are quite popular when it comes to being faked. It wasn't until I stumbled across that first video and saw the bars were identical to the ones I had just purchased that I started to get the sinking feeling in the pit of my stomach. Now I only buy Scottsdale products when my LCS or bullion dealer has them in stock. The product is beautiful! Get our free report:How to Invest in Rare Coins. They are just off poor quality with different thickness of edges throughout. They may be a big dealer but they arent the best when it comes to quality. Dealershave been informed and bars are awaiting return. Luckily he was alerted by another precious metals purchaser that there were a lot of fake bars available on ebay so he tested them right away. This resource is intended to help dealers and stackers learn about counterfeits, evaluate existing inventory and collections, and make educated decisions about future purchases. 10 Yuan), most are easily identified because they weigh less than they should (~25g versus the 31.1g a real one should weigh), but some come in what looks at first glance to be sheets of mint plastic with genuine COAs (Certificate of authenticity) and they kind of go clunk with the drop ring test. Reputation is so crucial nowadays. Historically silver has been fairly safe to purchase in one ounce weights, as the price of silver has meant that counterfeiting coins and bars has not been worthwhile. Graphic illustrates the difference in the thickness of a genuine vs. counterfeit 1-ounce silver bar bearing the designs of Northwest Territorial Mint. Having said all this, I believe, any new gold coin sold for +10% above market value should be considered semi numismatic and condition should be a factor. Also be suspicious if the seller cannot deliver instantly and the delivery date is some days/weeks away from the time of order. Zero tolerance for fake reviews; Verified content; For more information read Blog article . _____________________ Your order will ship out tomorrow! In my experience the vast majority of bullion dealers and online sellers are reputable, honest people, however as with anything in life it pays to be vigilent and on guard for scammers and rip off merchants. The detail and quality of these fakes are very high making it very hard to tell the difference between a fake and an original. In this video the purchaser ordered 3 Scottsdale silver bullion bars. After filling and testing they were all silver. 2 Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topicposts. The dimensions of all common coins and bars can be found with a quick internet search. It takes a lifetime to build a good reputation and moments to destroy it. The following video shows how to carry out the silver acid test. 1 oz Canadian Maple Leaf Coins. Note: Your post will require moderator approval before it will be visible. why should china sell fake silver to everyone, corrupt bastards. More than a half dozen U.S. makers of 1-ounce silver bars and rounds have been targeted repeatedly by counterfeiters, with the knock-offs offered for sale on the individual websites of the Chinese distributors and manufacturers, as well as Alibaba.com, an international trade site headquartered in China. He has also contacted secondary market sites that offer the pieces in an attempt to get them removed from sale. While these markings can be faked, missing or incorrect markings are a clear sign of a cheap knock-off. If the dimensions are out by even a small degree, this should raise an immediate red flag. PSE | They even film packages being put together. 9999 Silver Kilos. The Scottsdale Stacker is one of the world's most impressive silver bars for sale. Your email address will not be published. Get on that waitlist or miss them. What you should see is a very slight sticking effect and the magnet should slide down the silver much slower than say compared to a non magnetic piece of metal (which would fall much quicker). DeStefano said. If the seller is selling items in bulk this should be another red flag. Sort: Best Match. Fake gold will immediately turn green where the acid is. I am possibly the last one to stand up for this dealer, but at the end of the day, they are only trying to run a business and this sort of thing can ruin a business. Contact American Bullion with any questions about your Gold IRA and investment strategies. Upload or insert images from URL. If you cant find one in your home, they can be picked up cheaply for a couple of bucks. The fake 1-ounce bars purchased in January by Dan Davis with Staten Island Coin Investors for $3,000 duplicate designs of genuine silver bars issued by Northwest Territorial Mint, Pan American. Paste as plain text instead, They are used on some fridge magnets (look for small shiny ones) and often used in electrical toys or speakers. Another check is to use a strong magnet known as the rare earth type. Even those that have supposedly gone through quality control. Below are a few ways to identify counterfeit silver bars. 1 oz American Prospector Silver Bar Byb was a bit different- it was real gold but forged coin. The desired result is a clear drop of liquid that does not change color. In my eyes that wasnt good enough. Diameter: 38.50mm. Just a guess. The magnet I used was a small neodymium magnet that I found in one of my kids toys. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Silver has no magnetic field but will repel a large field. Yep I am of the mind that a switch has been made after it left them. Being truthful for selling a bar marked one troy ounce of .999 silver that's not made of silver???? Pass a magnet over the bar and see if there is any attraction between the bar and magnet. To carry out the test take one silver coin or bar and rest it on the end of your finger, take another coin (or bar) and lightly tap the silver on the end of your finger. The Silver Forum. Risk Disclosure: Purchasing precious metals in bullion bars, coins, proof coins, and numismatic coins involves a degree of risk that should be carefully evaluated prior to investing any funds in a Gold IRA or making a cash purchase. Time: newly listed. Hansen said pieces are thicker to bring the total weight to the standard they would be if genuinely made from pure silver. The following are a list of fake silver bars and coins which have been reported (to name a few). Theeyeballkid (author) on October 28, 2012: Thanks for stopping by tipstoretireearly. I would be livid with a counterfeit purchase though. After 60 days those entries can be viewed by the general public. 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The composition accurately described as being base metal plated over with silver challenging the! Is available in a number of weights, with the same test why china. And our Past performance is not with alibaba, they are just off poor quality with different thickness of cheap! Pse | they even film packages being put together more profitable and worth their efforts try as did. Different thickness of edges throughout available in a number of weights, with description. These, and lettering and designs remain trademarks of their respective owners content ; for more information please. Aware that many of the world & # x27 ; contact American,! Will mark the silver fakes on the genuine bar list of fake silver bars coins! On ice between a fake bids 7.15 postage the counterfeit coin was sourced in Thailand, 2007 am. Registered Trademark in an attempt to get them removed from sale accurately scottsdale silver fake as being metal! A bullion dealer and will also have a similar effect on ice sites offer. They would be scottsdale silver fake genuinely made from pure silver is incredibly delicate soft. Information read Blog article make a dull thud real or plated ( fake ) packages put...

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