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Topic: this perth mint bar gold is fake or authentic (Read 1198 times)

legendary
Activity: 2072
Merit: 2224
EIN: 82-3893490
August 05, 2019, 12:02:32 PM
#24
@SolarSilver : He also bought from bitgild bar with two dots. But he did not seem too worried (although he did not have to test and approve his bar)

https://bitcointalksearch.org/topic/m.20328386



the ones on the left are fake - or at least are not from the Perth Mint
member
Activity: 110
Merit: 10
legendary
Activity: 2254
Merit: 1140
Find someone with a sigma analytics tester.  They will be able to test its authenticity through the assay. 
legendary
Activity: 3318
Merit: 1958
First Exclusion Ever
I come back from jewelry and it smells bad

He watched the bar gold
He checked the weight
He did the nitric acid test

Everything was ok but

Then he did another test in a special apparatus and there he told me that there was something strange and to know it was necessary to cut the gold

I said no and went out of the shop to avoid trouble (he started to ask me id)

I hesitate to go to another jewelry store to double check

Just make it clear to whoever you go to that you purchased it, and you have doubts about its authenticity and that you are not interested in selling it. This will protect you from any kind of legal troubles, but they might charge you a small fee to test it.
legendary
Activity: 2254
Merit: 1256
I just read down through the thread and while its interesting its also
worrying. I have heard that there is a lot of FAKE gold and silver coins
and bars coming out of China at the moment and not just for new designs
but also for older designs.

I know there are a lot of tests that can be done for Silver but im not aware
of them for Gold. Obviously if this is a fake bar its of very high standard to
pass the jewelers tests apart from 1?

I wonder what that test with the apparatus was?

this is worrying for you, I feel for you  Shocked
full member
Activity: 233
Merit: 101
I come back from jewelry and it smells bad

He watched the bar gold
He checked the weight
He did the nitric acid test

Everything was ok but

Then he did another test in a special apparatus and there he told me that there was something strange and to know it was necessary to cut the gold

I said no and went out of the shop to avoid trouble (he started to ask me id)

I hesitate to go to another jewelry store to double check
legendary
Activity: 1112
Merit: 1000
Given the number of fakes floating on the secondary market and not to mention the fakes that can so easily be bought on AliExpress I would stay very far away from purchasing gold from an unauthorised supplier. Better safe than sorry. It's not worth saving a small amount when the potential risk is so high.


True, but EPMT is not an unauthorised supplier. If he got a fake one through them, it would be big news
legendary
Activity: 3066
Merit: 1348
Given the number of fakes floating on the secondary market and not to mention the fakes that can so easily be bought on AliExpress I would stay very far away from purchasing gold from an unauthorised supplier. Better safe than sorry. It's not worth saving a small amount when the potential risk is so high.
legendary
Activity: 1112
Merit: 1000
Was that meant to say handled? As in, you handled the gold bar? Nothing wrong with that necessarily, but some people will only buy pristine bars.

I don't think it is "just a plastic protection", right on the front it says "tamper-evident case" which is meant to give anyone that you pass it on to in future a little more confidence in buying it.

I can't talk for what he did, but in general the gold bars from Perth Mint (and Rand Refinery) come in a tamper proof case and that case has little plastic covers like those you find on expensive electronics (e.g. the LCD screen of a radio). Sometimes they have been removed before shipping but sometimes the customer has to remove it. You can keep it on but as you see on the picture, they come loose very easily by just holding it in your hands.

You can see it too in my picture he posted, I keep the plastics on, but they start to bubble
legendary
Activity: 2646
Merit: 1176

If it came from a dealer why is the packaging damaged?

It was just a plastic protection that I removed and then handed

Was that meant to say handled? As in, you handled the gold bar? Nothing wrong with that necessarily, but some people will only buy pristine bars.

I don't think it is "just a plastic protection", right on the front it says "tamper-evident case" which is meant to give anyone that you pass it on to in future a little more confidence in buying it.

How much did you pay for this gold bar, and when, is probably the best question to ask right now?
legendary
Activity: 1112
Merit: 1000

As I stated in the other thread:

Everything Bitgild ships comes from the same company in Frankfurt: Coininvest or European Precious Metal Trading GmbH (look at the UPS label of your shipment and the packing list). Both are listed as official reseller for Perth Mint at

http://www.perthmintbullion.com/About-The-Perth-Mint/Our-Distributors/Distributors-Europe.aspx

If you order from Bitgild or Bitcoincommodities, it is EPMT that does the dropshipping

Are you suspecting you got a fake from EPMT?

I have not had my samples tested or approved (I never doubted them), but if you have a suspicion, can you get your two units tested and approved?

So the source looks reputable to me, but please do have the bar checked. I will take some of my bars (look at my above picture for different versions) and have them checked but I only have time mid August
legendary
Activity: 1112
Merit: 1000
You have the brain to acquire 100 g. gold bar, but don't have to professional test-check at professional jewllers/bullion dealer. Doesn't look so good.

There is no reason to be rude, if you look at his posting history, he stated he will get it checked later this week

https://bitcointalksearch.org/topic/m.20335226

At least he is honest about his doubts and asking for help. How have you contributed to this discussion?
full member
Activity: 233
Merit: 101
@SolarSilver : He also bought from bitgild bar with two dots. But he did not seem too worried (although he did not have to test and approve his bar)

https://bitcointalksearch.org/topic/m.20328386

full member
Activity: 233
Merit: 101

If it came from a dealer why is the packaging damaged?

It was just a plastic protection that I removed and then handed
sr. member
Activity: 616
Merit: 300
Perth and PAMP bars are probably the most counterfeited bars.  Like everyone else said, find a local shop that can test it for you.

If it came from a dealer why is the packaging damaged?
full member
Activity: 233
Merit: 101
Looking at the front pic the print quality on "The Perth Mint Australia" and the company logo looks off to me.

If you didnt source that bar from a reputable supplier and at a bargain price I would be very worried right now.

Basic tests = weight it then check bar dimensions against a real bar :    47.60 x 27.60



this bar come directly from = http://www.bitgild.com/100g-gold-bullion-perth-mint-gold-bar-with-certificate.html
legendary
Activity: 2254
Merit: 1043
Looking at the front pic the print quality on "The Perth Mint Australia" and the company logo looks off to me.

If you didnt source that bar from a reputable supplier and at a bargain price I would be very worried right now.

Basic tests = weight it then check bar dimensions against a real bar :    47.60 x 27.60

member
Activity: 80
Merit: 10
Bitcoin the only GOD.
Hello,

You have the brain to acquire 100 g. gold bar, but don't have to professional test-check at professional jewllers/bullion dealer. Doesn't look so good.
newbie
Activity: 5
Merit: 0
I would recommend getting it checked at a jeweler or a bullion like the other poster said. It might be easier than having people on the internet identify it. Doing it in person will cost you nothing to almost nothing too!
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