Krugerrands are they faked

Discussion in 'General Precious Metals Discussion' started by 8-Balls, Jun 2, 2016.

  1. 8-Balls

    8-Balls Member Silver Stacker

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    I have an opportunity to purchase some krugerrands that are pcgs graded for $1400 maybe less each now this sounds too good to be true.

    I wanna know if they are faked whats the chances that they are fake if they are in the graded cards

    Is there anywhere on the southside of brisbane that can check them before i buy

    Cheers for any help
     
  2. Stoic Phoenix

    Stoic Phoenix Well-Known Member Silver Stacker

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    I know someone just on northside with an xrf if thats what you are after
     
  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    :rolleyes:
    Yes they are faked
    Why somebody would get a kruger graded ?
    And sell it below spot :/
    What do you think ?
    Wouldn't touch them
     
  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    If on eBay and the seller is certified for buyer protection (not all sellers are), than you are covered.

    if fake you can return it worst case might take few months to get the money back.

    But make sure you ask all the questions via eBay messaging,, like is the photo of the listing the actual item you are getting etc.

    If f2f you really need to have it verified.
     
  5. 8-Balls

    8-Balls Member Silver Stacker

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    Thanks for the heads up people

    Yeah this is through a client of mine its a acquaintance of theirs that's apparently been collecting for years and needs to raise some cash the only reason why it was mentioned is that he paid in silver kooks one day as he didn't have money in the bank.

    I might go check them out and see if i can get them tested before handing over any cash
     
  6. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Still doesn't answer the question why somebody would sell gold below spot
    Especially if they have been collecting for years
    Still smells to me ,I don't buy the story
     
  7. dragafem

    dragafem Well-Known Member Silver Stacker

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    not everyone follows spot movement,especially elderly.and some just does not have any idea....

    and I think it was discussed before there is no such thing as spot...correct me if Im wrong
     
  8. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Most people who hold gold know what it's worth
    Maybe not todays prices but yesterdays at least
    And so what are you saying
    Spot is irrelevant when selling ? :eek:
     
  9. dragafem

    dragafem Well-Known Member Silver Stacker

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    I looked at that ad too and sellers has some other nice gold coins with the right price tag attached so go figure

    dont forget how many people go in CC and sell their gold coin ,bar or jewellery.
     
  10. scrooged

    scrooged New Member

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    If it seems too good to be true the chances of it being legitimate are extremely high.

    Buy 10.
     
  11. 8-Balls

    8-Balls Member Silver Stacker

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    Here are some pics that they sent me what do you think?

    [​IMG]

    [​IMG]

    [​IMG]

    [​IMG]
     
  12. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Run the numbers on their web site ,that should tell you
     
  13. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    The artwork is rubbish that looks more like a kangaroo than Paul Kruger. A fake is a fake is fake with or without a fake slab.
     
  14. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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  15. 8-Balls

    8-Balls Member Silver Stacker

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    this confirms even more

    top picture from the pcgs website bottom supplied by seller
    [​IMG]

    [​IMG]
     
  16. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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  17. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    The lustre doesn't look right, for the grading.

    MS 64 & PR 68 both looks the same lustre.

    No visible like natural gold coin, should have some texture on the ms coin.
     
  18. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    I would worry about buying a Krug off you if that's how you gauge the authenticity of a Krugerrand.
    Just look at Kruger's face!
    There's no need to go any further!
     
  19. Golden ChipMunk

    Golden ChipMunk Well-Known Member

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    Didn't know you are after Cougar??? s?
     

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