Recently Purchased Fake 1 oz Perth Mint-OPM-Morgan Dollar-silver coins

[Golden ChipMunk]

Do fakes affect Perth Mint sales?

Why are you asking this???

There are no Perth representative here now.

Bron left the mint. Ron retired.

Bugger do I know.

From what I can see, the mint are now busy.
Delay are every where.

I don't think there are anyone reading this.

May be I should apply for a job at the mint.

 

[serial]

Still no pics?

 

[Aureus]

No offense to the OP, but I am not buying this story- that is about the fakes being difficult to spot. I am compulsive about searching out fakes both online and from local and out of state dealers I know. I have seen and handled many different fakes of both gold and silver coins. To date I have not seen one fake of a government issued silver coin that was not detectable by the naked eye in my observations.

Many of the fake coins sold on Alibaba, etc use photos of real gov minted silver bullion to sell fakes. When seen in person the fakes are really a joke to someone who has experience dealing with them. If we are talking newbies or people with limited experience, then yes the fakes could pass muster.

If this story IS true, this will be reported on one or more of the many online coin blogs, for such a development would be BIG news.

Just my opinion.

Jim

tend to agree when it comes to PM silver coins. When it comes to coins, I have only been fooled by morgans in recent times - and that's my fault for not keeping up to date with fake dates I suppose. Having said that they are getting better, PM gold bars being a prime example.

I would now not touch PM carded gold bars - the fakes are brilliant, unless you buy from a dealer or have scales not worth the risk in my opinion.

Talking PM gold certicards would this still apply (your opinion on purchasing) to the ones in the new packaging?

With the new tamper proof certicards that show "void" if opened most people still wouldnt know if they were fake given nobody opens them to show the void security feature!

exactly, not touching them. When the time comes, it'll be 1oz lunars for me - no chance of getting a fake with them.

 

[MasterID]

Do fakes affect Perth Mint sales?

Why are you asking this???

May be I should apply for a job at the mint.

I was thinking that if it does not affect their sales, why would they bother?
How I wish I could get a job there too.

 

[fishtaco]

tend to agree when it comes to PM silver coins. When it comes to coins, I have only been fooled by morgans in recent times - and that's my fault for not keeping up to date with fake dates I suppose. Having said that they are getting better, PM gold bars being a prime example.

I would now not touch PM carded gold bars - the fakes are brilliant, unless you buy from a dealer or have scales not worth the risk in my opinion.

Talking PM gold certicards would this still apply (your opinion on purchasing) to the ones in the new packaging?

With the new tamper proof certicards that show "void" if opened most people still wouldnt know if they were fake given nobody opens them to show the void security feature!

The fakes are much better quality certicard compare to Perth Mint
As Perth Mint certicard tend to peel off in half .
They don't bother checking the quality.
Lmao!!!

What are you LYAO about?

None of my PM new certicards have peeled in half? How many fake certicards do you actually own to know they are better quality than PM certicards?

Buyers are not exactly going to open their new certicards to check the security feature so that feature is only good when selling for scrap because every buyer who gets a new certicard that is not mint direct also will not open it to check the security feature! most people are too scared to peel off the bubbling cellophane cover!

 

[fishtaco]

tend to agree when it comes to PM silver coins. When it comes to coins, I have only been fooled by morgans in recent times - and that's my fault for not keeping up to date with fake dates I suppose. Having said that they are getting better, PM gold bars being a prime example.

I would now not touch PM carded gold bars - the fakes are brilliant, unless you buy from a dealer or have scales not worth the risk in my opinion.

Talking PM gold certicards would this still apply (your opinion on purchasing) to the ones in the new packaging?

With the new tamper proof certicards that show "void" if opened most people still wouldnt know if they were fake given nobody opens them to show the void security feature!

exactly, not touching them. When the time comes, it'll be 1oz lunars for me - no chance of getting a fake with them.

Do you have any fake PM certicards? just wondering because chip seems to have plenty!

I buy all mine from PB or mint direct apart from the odd one here and there from SS, Perhaps I should stop with the certicards and stick with the gold kangas if my only sell option in the future would be PM for the certicards.

 

[Aureus]

Talking PM gold certicards would this still apply (your opinion on purchasing) to the ones in the new packaging?

With the new tamper proof certicards that show "void" if opened most people still wouldnt know if they were fake given nobody opens them to show the void security feature!

exactly, not touching them. When the time comes, it'll be 1oz lunars for me - no chance of getting a fake with them.

Do you have any fake PM certicards? just wondering because chip seems to have plenty!

I buy all mine from PB or mint direct apart from the odd one here and there from SS, Perhaps I should stop with the certicards and stick with the gold kangas if my only sell option in the future would be PM for the certicards.

certainly not, wouldn't own one if you paid me. If you know anyone in the PMs game that buys from the public (I suspect this is how chip knows as well) it's only a matter of time before you see them - they are becoming more prevalent.
There absolutely no worry when buying from a reputable dealer, but would not buy outside of that.

With that kind of uncertainty in the air, over time, I suspect there will be less buyers on here and ebay willing to take the risk.

 

[Pirocco]

About those fake items, how was their price tag compared to the "regular" one?

"Description:
Bullion bar, Perth mint Australia, gold plate"
Regardless, the bar, metal itself shows inscriptions 99.99% pure gold 1 ounce.
The person that wrote that "gold plate" in the description at the same time implicitly admits awareness of the false inscriptions.

 

[Pirocco]

No offense to the OP, but I am not buying this story- that is about the fakes being difficult to spot. I am compulsive about searching out fakes both online and from local and out of state dealers I know. I have seen and handled many different fakes of both gold and silver coins. To date I have not seen one fake of a government issued silver coin that was not detectable by the naked eye in my observations.

Many of the fake coins sold on Alibaba, etc use photos of real gov minted silver bullion to sell fakes. When seen in person the fakes are really a joke to someone who has experience dealing with them. If we are talking newbies or people with limited experience, then yes the fakes could pass muster.

If this story IS true, this will be reported on one or more of the many online coin blogs, for such a development would be BIG news.

Just my opinion.

Jim

The thing is, with a picture that isn't of the sold item, you can only find out after payment and receival. I think the difficulty relates to buying based on a pic rather than a seen-in-person. I also think that this is the case for a big majority of stackers including myself. If I order some items along a site then I can also only know whether or not the picture was of the purchased item itself or just a general one, after receival.
Fakes may be not difficult to spot in person, but that last is rarely the case, I think.

 

[Golden ChipMunk]

Talking PM gold certicards would this still apply (your opinion on purchasing) to the ones in the new packaging?

With the new tamper proof certicards that show "void" if opened most people still wouldnt know if they were fake given nobody opens them to show the void security feature!

The fakes are much better quality certicard compare to Perth Mint
As Perth Mint certicard tend to peel off in half .
They don't bother checking the quality.
Lmao!!!

What are you LYAO about?


None of my PM new certicards have peeled in half? How many fake certicards do you actually own to know they are better quality than PM certicards?

Buyers are not exactly going to open their new certicards to check the security feature so that feature is only good when selling for scrap because every buyer who gets a new certicard that is not mint direct also will not open it to check the security feature! most people are too scared to peel off the bubbling cellophane cover!

Have ya seen my XRF device?
Check out da post in the Fake thread.

It not a joke, the amount of fakes out there.

 

[Golden ChipMunk]

Fakes

 

[fishtaco]

The fakes are much better quality certicard compare to Perth Mint
As Perth Mint certicard tend to peel off in half .
They don't bother checking the quality.
Lmao!!!

What are you LYAO about?


None of my PM new certicards have peeled in half? How many fake certicards do you actually own to know they are better quality than PM certicards?

Buyers are not exactly going to open their new certicards to check the security feature so that feature is only good when selling for scrap because every buyer who gets a new certicard that is not mint direct also will not open it to check the security feature! most people are too scared to peel off the bubbling cellophane cover!

http://forums.silverstackers.com/uploads/9636_laughing.gif


Have ya seen my XRF device?
Check out da post in the Fake thread.

It not a joke, the amount of fakes out there.

You are laughing but seem to be missing the point! The new certicards with the "void" security feature are no good to anyone without XRF verification because nobody opens them to check the security feature so why did PM introduce the new certicard feature?

Looks like I will only be buying them from PM in the future so will only ever get scrap return price on them.

With your most recent certicard sales thread why did you not post pics of them with XRF results as you did for fakes? sort of baffles me given the buyer as well as your own uncertainty sentiment around certicards..