Study on fake gold and methods of testing gold

Discussion in 'General Precious Metals Discussion' started by Midastouchofgold, Jun 29, 2020.

  1. Midastouchofgold

    Midastouchofgold Active Member Silver Stacker

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    Skyrocket, GoldenEye and 66rounds like this.
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Sad state of affairs. TLDR is that for non destructive testing you require a densomiter with accuracy to 0.01 g/ml as well as an XRF in order to determine surface purity and presence of a tungsten core. I would avoid large gold bars. Fractional coins seem to be the safest bet. I presume the same situation would occur with silver given certain alloys can match density and electrical conductance close enough.
     
  3. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Better to pay the premium on fractional gold and silver to avoid fakes?
     
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  4. silverhair

    silverhair Well-Known Member

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    I posted a really good video about testing bullion and not one person commented on it.

    The bullion vault that made it said they will not store any customer products unless it passes 3 of 5 known tests becsuse its possible to pass two with a fake but impossible to pass 3.

    It's in my post history in case anyone is interested.
     
  5. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Thanks bud had a look, definitely the more boxes ticked the less likely to be a fake.
     
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  6. 66rounds

    66rounds Well-Known Member Silver Stacker

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    I think it's a wise move for any bullion dealer that can afford an XRF to also buy the appropriate ultrasound gear too.
     
  7. crewy

    crewy Active Member

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  8. silverhair

    silverhair Well-Known Member

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  9. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    I hope not because I got quite a few 1kg silver bars! :( But I should be ok coz I got nearly all of them from GoldStackers. Stick with trusted dealers and one should be ok.
     
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  10. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Not as much money in fake silver as there is in fake gold. Too much effort for little reward.
     
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  11. Skyrocket

    Skyrocket Well-Known Member Silver Stacker

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    Yes but there are still Chinese fake silver coins and bars. I remember not long ago there was fake 1oz silver coins selling on ebay.
     
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  12. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

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    Predecimal bought anywhere is still one of the safest ways to buy silver.
     
  13. Shaddam IV

    Shaddam IV Well-Known Member Silver Stacker

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    One of the nice things about buying larger Perth Mint silver Lunars such as 5oz and 10oz is that they are unlikely to ever be copied and will not be as likely to be viewed with suspicion when sold IMHO.
     
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  14. 66rounds

    66rounds Well-Known Member Silver Stacker

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    Couldn't agree more. Round 50s are the easiest silver to stack in my opinion. Roughly 1/3oz and used to be able to get them for spot.
     
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  15. GoldenEye

    GoldenEye Well-Known Member Silver Stacker

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    Yes, there's always going to be predecimal collectable fakes such as the 1930 pennies I've often seen on ebay, but I was referring to the junk predecimal which I believe is still rare.

    I think one of those fakes was mine wasn't it?
     
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