Large numbers of Fake Perth Mint and PAMP bars sold on eBay

Discussion in 'General Precious Metals Discussion' started by Ronnie 666, Oct 1, 2014.

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  1. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    I see that there have been large numbers of layered/clad Perth Mint certicards and PAMP bars sold on eBay from an Australian seller

    http://www.ebay.com.au/sch/i.html?_...sanli=15&_sop=12&_dmd=1&_ipg=50&LH_Complete=1

    The sellers are : both from same address
    goldendragonzz
    bullion-r-us

    Please be aware of these look alike bars - designed to scam the buyer
    All posts say Clad or Layered but these look like the real item and resales to the unsuspecting public is a worry.
    Sent a note to Ron Currie as the PM should be aware their brand name and logo is being used
     
    Ronnie 666, Oct 1, 2014
    #1
  2. dragafem

    dragafem Well-Known Member Silver Stacker

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    this kind of stuff worries me a lot....
     
    dragafem, Oct 1, 2014
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  3. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    spannermonkey, Oct 1, 2014
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  4. House

    House Well-Known Member Silver Stacker

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    It'll become worse with time thanks to the likes of Alibaba :/
     
    House, Oct 1, 2014
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  5. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Holdfast, Oct 1, 2014
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  6. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    After the massive Alibaba IPO, there's probably little that will be done if it risks impacting investors.
     
    SpacePete, Oct 1, 2014
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  7. bloomst

    bloomst Well-Known Member Silver Stacker

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    Well Australian Aliexpress is here...
     
    bloomst, Oct 1, 2014
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  8. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    From the manufacturer the price ranges from 39 cents to $2.39 depending on quantity. They have capacity to churn out 200 million per year if required.

    Perth Mint 1 oz Gold Bar

    FOB Price: US $0.39 - 2.39 / Piece Get Latest Price
    Min.Order Quantity: 1000 Pieces
    Supply Ability: 50000000 Pieces per Quarter

    http://www.alibaba.com/product-detail/Perth-Mint-1-oz-Gold-Bar_594320806.html

    Factory info:

    Business Type: Manufacturer, Trading Company
    Main Products: craft,sports & entertainment,gifts and crafts,automobiles & motocycles license plate,fashion accessories
    Location: Zhejiang, China (Mainland)
    Year Established: 1999
    Number Of Employees: 101 - 200 People
    Total Revenue: US $10 Million - US$50 Million
    Main Markets: North America, Domestic Market, Southern Europe, Eastern Asia, Western Europe

    http://wuda.en.alibaba.com/
     
    SpacePete, Oct 1, 2014
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  9. long88

    long88 Member

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    my plan.. buy one from alibaba.. and sell it to the forum member here...

    hmm....
     
    long88, Oct 1, 2014
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  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

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    Minimum order qty: 1000
     
    SpacePete, Oct 1, 2014
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  11. willrocks

    willrocks Well-Known Member Silver Stacker

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    The Perth Mint logo and brand should be enough to have them removed from eBay.

    Doesn't Perth Mint enforce its trade marks?
     
    willrocks, Oct 1, 2014
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  12. long88

    long88 Member

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    that is only price of 1 oz..

    imagine how much profit/public got fleeced of..



     
    long88, Oct 1, 2014
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  13. skipau

    skipau Member Silver Stacker

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    skipau, Oct 1, 2014
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  14. Ronnie 666

    Ronnie 666 Well-Known Member Silver Stacker

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    Legal tender is indeed counterfeit but the bars are a breech of copyright and I am sure the PM will have protected their name and logo. Ron should contact EBay or the AFP to shut this seller down. My concern is that a large number of fake bars will seriously damage the sale of PM bars. Also it will compromise sales of genuine bars. What is to stop someone with a fake bar buying a genuine bar on EBay then claiming it was a fake and producing the fake bar and demanding a refund through PayPal. It is a real worry. If you sell certicard please photograph the bar and serial number -may help ?
     
    Ronnie 666, Oct 1, 2014
    #14
  15. Lunardragon

    Lunardragon Well-Known Member Silver Stacker

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    Are these fake bars also in the certicard with serial number?

    Do the sellers use a genuine bar pic for illustration purpose ?
     
    Lunardragon, Oct 1, 2014
    #15
  16. Ghost Story

    Ghost Story Active Member

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    have seen this stuff for sale at local markets
     
    Ghost Story, Oct 1, 2014
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  17. silver kook

    silver kook Active Member

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    I have reported heaps of fake "coin" and fake "bullion" sellers to ebay and never once did they remove the dodgy listings. Have made around 50 reports especially about fake Pandas and Kooks as I used to be a seller on ebay and didn't want that crap impacting on my genuine items. Unfortunately the only thing they care about is money.
     
    silver kook, Oct 1, 2014
    #17
  18. anonmiss

    anonmiss Active Member Silver Stacker

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    In fairness yes the amount of fakes is ridiculous and should be stoped somehow.
    On the other hand their shoes are so cheep a girl can't help but support them just a little bit. :|
     
    anonmiss, Oct 1, 2014
    #18
  19. renovator

    renovator Well-Known Member

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    All this blaming Alibaba is ridiculous . Alibaba is just a trading platform they dont sell the goods the individual traders or companies do . Its no ones job in alibaba to weed out the fakes nowhere does it say on any trading platform Only 100% genuine goods sold here .

    Doesnt matter if its ebay ,craigslist ,gumtree or alibaba its just somewhere to list goods & is not the fault of the trading platform .
    Alibaba is a very good B2B sourcing platform for goods from all over the world not just china .
     
    renovator, Oct 2, 2014
    #19
  20. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    I always assumed it was for Chinese made companies :rolleyes:
     
    spannermonkey, Oct 2, 2014
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