Gumtree Scam 1oz gold coin.Beware

Discussion in 'Fakes & Counterfeits' started by lucy43, Nov 16, 2020.

  1. lucy43

    lucy43 Well-Known Member Silver Stacker

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  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    Liz's head / face looks a bit rough on that coin...nice pick up lucy43
     
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  3. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    Liz looks like a queer
     
  4. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    A few sellers listed as being from Queanbeyan, Goulburn & Sth Canberra lately. They have all been happy to F2F until you want to F2F in the CBD post office between the cop shop & LCS with XRF. Then it's (not joking) so can't meet ATM I've just been tested for conjob19 & I'd prefer to post because I've robbed too many times.
    A lot of sh!t ATM.
     
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  5. l***g

    l***g Active Member Silver Stacker

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    I didn’t know that coin shop has an xrf. Is this real?
     
  6. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    Yes, they have an XRF. Yes, they're the real excuses used by scammers.
     
  7. Polar.bear.Stacker

    Polar.bear.Stacker New Member

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    I bought a fake American Gold Eagle on Gumtree using Paypal. Hopefully I'll get my money back.
    I found out later about ping tests you can download as a phone app. In general, how reliable are they?
     
  8. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    I'm not familiar with the "ping test". I think I'd only F2F from ebay/gumtree ideally at a coin shop/ bullion dealer that had an XRF. Ideally they'd also have a genuine bar/ coin to compare it to.
    I'm only learning too. I would at least have a powerful magnet, reliable scales, vernier & the mints official specifications of the product. I'd be interested to hear from other members if they're aware of any fakes that meet the weight & dimension criteria of the real article.
    I believe Paypal is good at recovering payments in fraudulent transactions, although I hear the "friends & family" payment option is a loophole for crooks. Good luck.
     
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  9. Polar.bear.Stacker

    Polar.bear.Stacker New Member

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    Thank you for the advice! How do you know which places have an XRF?
    The ping test is a phone app that tests the resonance frequency of popular bullion coins. I checked it for some of my silver and it works well. I don't keep my gold at home so wasn't able to check those. The fake gold eagle obviously failed.
     
  10. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    do a ring around of your local dealers & just ask around. If you're ok with it put it to the forum, you might have a stacker just around the corner.
    No BS, I took an Aussie gold coin to the RBA with a few challenging questions. The young lady said she'd have to drop it on the marble counter to check it's authenticity.
     
  11. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    If a prospective seller won't send a side shot of the article & weight on scales, that's a red flag- they're trying to fudge the weight/ dimensions.
     
  12. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Don't rely on ping tests, or any test in isolation.

    Gold standard is XRF plus one of water density, vernier calipers, weight on scales or sigma pro

    Any single test in isolation can give you grief, even XRF on good looking plated fakes or sigma pro on some alloys
     
  13. Polar.bear.Stacker

    Polar.bear.Stacker New Member

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    So how would you integrate this into a f2f trade? The tests you're bringing up
     
  14. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    ideally do it at a local coin shop / bullion dealer.
    Post a thread on here along the lines of...
    ....I want to f2f at .... anybody on here have concerns/ praise for this business?
     
  15. sammysilver

    sammysilver Well-Known Member Silver Stacker

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    For the sake of $50, buy from your local dealer. Keep the receipt for future sales.
     
  16. bubblebobble2

    bubblebobble2 Well-Known Member Silver Stacker

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    You should ask her if using wire cutter is also a good idea to test gold coins
     
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  17. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    OOHH for FARKS sake :eek:
    Do you really think your going to find a bargain on Dumbtree or Fleebay :rolleyes:
    People who hold gold know it's worth & know where to sell ;)
    GREED
    Build a bridge & get over it
    Support your local dealers ;)
     
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  18. Shlomo Goldberg

    Shlomo Goldberg Well-Known Member Silver Stacker

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    "Bargains" on ebay & gumtree are generally a con for sure. I would not discount them completely as there are bona fide sellers.
    I'm in the process of buying a nice 1/2 oz gold coin that was advertised on Gumtree from a local bloke that was in marketing at the mint.
    I have 100% confidence that the coin is genuine, but I will still get it XRF'd immediately. All that glitters is not gold.
    Caveat Emptor.
     
  19. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    :eek:


    @Polar.bear.Stacker - Stick with SilverStackers or your local dealer!
     
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  20. JulieW

    JulieW Well-Known Member Silver Stacker

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    Agree!

    Scammers love the internet and for the sake of $50 to a trusted dealer versus trying to get a refund from a PO Box - no argument.
     
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