FAKE good-looking Perth Mint gold bars

Discussion in 'Gold' started by TreasureHunter, Apr 8, 2015.

  1. TreasureHunter

    TreasureHunter Well-Known Member

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    I came across these 5 gram fake bars. The seller actually specifies (but not clearly visibly) that they are imitations.

    http://www.aliexpress.com/item/10-gram-Gold-Bar-Perth-Mint-Non-magnetic/32276997773.html

    The problem is not that you'd buy them, but that someone would buy them to re-sell them to you as "genuine gold".

    I hope dealers do check whether they're gold is real gold.

    Perth Mint bar fakes are abundant and a few years ago I heard some of them look stunningly good!
     
  2. House

    House Well-Known Member Silver Stacker

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  3. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    Buzz for spot price -99.5%
     
  4. goldpelican

    goldpelican Administrator Staff Member

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    Think this is the first time I've seen fake Perth Mint Certicards however.

    The serial number fonts look wrong on them, but at face value, these are impressive knockoffs.

    There are security features on genuine Certicards, and if your dealer doesn't use XRF, don't buy buybacks from them. Would be an interesting exercise to get one of these in hand for a close up examination and to highlight the differences - unlike currency, possessing these bars is not a crime, but attempting to pass them off as fakes would constitute fraud or theft depending on the jurisdiction.
     
  5. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    But then purchasing a fake for comparison purposes would only encourage the makers to produce more.
     
  6. Sonic

    Sonic New Member

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    It's not something that everyone should do but maybe a youtuber with a strong following could purchase one to highlight the differences for his viewers, which surely has already been done.
     
  7. sterling-nz

    sterling-nz Well-Known Member

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    Of course this is EXACTLY the intention.
    Surely if they were legit , then they would have stated in bold that they were fake.
    Just as boldly as they state "non magnetic"
     
  8. TreasureHunter

    TreasureHunter Well-Known Member

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    I've seen loads of them online. Some of them are so well made you can barely notice the difference.

    A few years ago there was a video about the fake certicards "Made in China". Those looked even better.

    Here's an article about that case:
    http://www.silverdoctors.com/300-fa...ia-as-chinese-gold-forgery-factory-uncovered/
     
  9. Oldsoul

    Oldsoul New Member

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    Do they feature the thin protective film on the real thing (the old green ones not the new black ones)?

    I wonder how much of Chinas gold imports ends up going out in export on plated junk. It is also interesting that they don't forge some manufactures and target so heavily others.....in particular why big German brands are so conspicuous in their absence on alibaba.
     
  10. goldpelican

    goldpelican Administrator Staff Member

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    From memory though these fake bars were NOT in the certicards - fake Kangaroo minted bars have been around a long time, but not in counterfeited packaging.
     
  11. TreasureHunter

    TreasureHunter Well-Known Member

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    ^From my memory, I can recall a video showing Perth Mint Certicards, just don't know whether they were shown as originals or fakes...
     

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