Gold is so dense that whenever I hold a piece in my hand, my brain short-circuits. It doesn't seem possible that something so small can weigh a full ounce. This also works with 20 franc gold coins, though they only weigh a small fraction of an ounce. The thicker fake bar will not do this to me, because I'm looking at it and holding it at the same time, and my brain does the calculating for me. Counterfeiters know that most buyers won't be willing to take the bar out of its plastic card.
Thanks for letting me see that bar at the store today. After watching the video and seeing the weight of the packaging, I went home and weighed my bar. Looks like I'm good!
Just had some clowns try to sell us a bunch of fake Morgan Dollars, 28 peace dollar, gold maple leaf, and 1 oz gold bars...All were magnetic with a rare earth magnet. 👍
@@Charlie-Pop No need to get snooty. He's pointing out that Costco had the same mint. Some people may not have known that. I believe Costco got them from Apmex, but I might be wrong.
i believe it isn't that hard to check for fake gold bar. you've already shown the fake bar is thicker.to make up for the lower density filler. A sigma tester can easily determine fake vs real gold bar without cracking the packaging.
do you know anything about gold libertads not testing positive for gold on sigma metallic verifiers? i bought them from apmex and apmex is certain the products they sell is real but on the sigmas it isn’t within the brackets. i have 2018 and 2019 reverse proof libertads. non seem to test positive on sigmas
If you have the sigma set right for weight and pure gold, the arrows should be within the green, or close to the green in the yellow. Arrows off to the left slightly is fine; arrows pointing way off the scale completely to the right indicates a fake. I would take that into consideration, and then weigh and measure the coins to make sure they are within specifications. If still in doubt, take it to a coin shop. Hope this helps.
I’ve been wanting to buy gold for years, but haven’t done so… I was always scared of getting a fake bar. I was thinking that I could open the package in front of the bouillon dealer and cut the bar in half to check, if it was fake, he’d have to give me my money back. Is this advisable?
You're far less likely to get scammed from a reputable bullion dealer who has a storefront (not in China) whose reputation means everything to them than a fly by night joe schmo at a flea market/online marketplace. But yeah the non intrusive magnet and thickness tests are a basic measure of confidence in a piece's genuiness at a legitimate bullion dealer.
people make fake coins as well. buy from legitimate coin stores and reputable ones. Costco does not buy their stuffs from the streets, they buy from reputable coin dealers. That is also why once you bought them, you can't return it to costco because the store will not be able to test whether it is real or fake.
can your xrf tester verify inner composition? I don't get how the fake one shows so many other metals. unusually good fake ones are completely covered with pure .9999 gold around a tungsten. the fake one could not even pass xrf test inside the tempered packaging if it was showing that punch of different metals.
*the fake one - LOOKS MORE REAL THAN REAL tbh* *seriously I thought what "unboxed already" was a fake one, as it looks too yellow in this light, it looks like it's going to attract to the magnet* 😂
I Never buy gold in a case or an assay card. All those people buying those pamp gold bars in plastic cards from Costco.....I'd never buy one from them. I caught a fake silver krugerrand a few days ago from a local dealer, best fake I have ever seen. It was so good I'll never buy silver krugerrands again either. It passes almost all tests, it was scary good!
@@Charlie-Pop it showed up as 99.99 silver on the IR scan, weight was just slightly out of tolerance, the tone was perfect, strike was perfect, the edge of coin looks identical, The only way I knew it was fake was when I looked at the micro stamped lettering. It looked awful under the microscope, they clearly tried to fake it, but it was all dull and had X's and t's in the lettering. It did not spell Krugerrand. Looked like it spelled Xtugettand . Its the best fake I have ever seen! The dealer was mortified!
@@BlackSwansFine-co6cd I don't think the tone would be perfect unless it was the exact same size and the alloy was the same. Your phone with an app is capable of detecting and comparing acoustic signatures.
@@jaredroussel The dealer has an older model sigma. I don't think he used the wand on this coin. The wand would hopefully catch it. This fake was impressive. Maybe they just got lazy. I always carry a magnifier, magnet, i compared to authentic, and ping tester.
It's only easy to detect if you are familiar with the item... common consumers would be fooled unless they are educated or ushered along in their purchasing experience. But why buy any product when the authenticity will be in question at the time of selling it back to a gold buyer of some sort?
I always find these "FAKE" vids interesting where you point out to the counterfeiters exactly what they've done wrong. They're almost to the point now where it will be indistinguishable without doing a specific gravity test. SMARTEN UP MAN!!! You're only helping the bad guys.
No, because if they use base metals, the dimensions of the bar won't match up. Brass has less than half of the density of gold. There are gold plated tungsten bars, and the dimensions are very close, but those bars are less prevalent.
Gold is so dense that whenever I hold a piece in my hand, my brain short-circuits. It doesn't seem possible that something so small can weigh a full ounce. This also works with 20 franc gold coins, though they only weigh a small fraction of an ounce.
The thicker fake bar will not do this to me, because I'm looking at it and holding it at the same time, and my brain does the calculating for me.
Counterfeiters know that most buyers won't be willing to take the bar out of its plastic card.
You should have measured the thickness of the fake compared to the real
It’s twice the size of the real one
Packaging is so good you might think it's on government level. Oh wait, no one in the government would be involved in counterfeits? Would they?!
China bro, China
Thanks for letting me see that bar at the store today. After watching the video and seeing the weight of the packaging, I went home and weighed my bar. Looks like I'm good!
I reckon they coming out of China.
Glad you’re back. Hope to see you continue to do these type of vids
Just had some clowns try to sell us a bunch of fake Morgan Dollars, 28 peace dollar, gold maple leaf, and 1 oz gold bars...All were magnetic with a rare earth magnet. 👍
Could tell right away; not nearly yellow enough.
The color was off and it was marked 1 ounce not 1 troy ounce.
You didn’t mention anything about the serial numbers being on different spots on the bars
you can't fool a Romulan senator......"Its a fake"
I like how ridiculously thick that fake one is. Dead giveaway.
Preying on people that have never seen a real 1 oz gold bar
It was difficult to determine how thick it was while it was in the packaging... the way the plastic was curved distorted my perception of thickness.
Thanks! Great info. It's getting crazy out there, got to be on your toes.
people make fake coins too.
Use to work at apmex, one time we got $10 1once copper coin that the person trading to us thought was a $2000+ 1once Gold coin
The new ones have VERISCAN and QR code, another way to telll unless that’s no longer reliable
wouldnt really help if they used real packaging and just replaced the bar somehow
No longer reliable. People can just counterfeit the QR code or use packing with legit QR code on it.
3d printing and plasma cutters are going to keep the professionals busy
Great video thanks for helping all consumers 😊
I have a real one in the packaging and it weighs 37.4 grams
Thank you
Costco was selling gold with the same packaging.
I’m sure Costco was buying their gold from coin shops and eBay sellers and not directly from the mint too right??
@@Charlie-Pop No need to get snooty. He's pointing out that Costco had the same mint. Some people may not have known that.
I believe Costco got them from Apmex, but I might be wrong.
Very sad what is happening, where was this purchased?
these all come from China. And they arent gonna stop.
Amazing. Thanks.
i believe it isn't that hard to check for fake gold bar.
you've already shown the fake bar is thicker.to make up for the lower density filler.
A sigma tester can easily determine fake vs real gold bar without cracking the packaging.
sigmas aren't always correct
well done excellent info
How can you make sure you buy a real one?
I was more concerned waiting for the knife to slip and cut your thumb cutting towards it 😂
Wow TH-cam Algorithm is not cool to content creators …great wisdom shared to the community from people in the business everyday is what we depend on
do you know anything about gold libertads not testing positive for gold on sigma metallic verifiers? i bought them from apmex and apmex is certain the products they sell is real but on the sigmas it isn’t within the brackets. i have 2018 and 2019 reverse proof libertads. non seem to test positive on sigmas
If you have the sigma set right for weight and pure gold, the arrows should be within the green, or close to the green in the yellow. Arrows off to the left slightly is fine; arrows pointing way off the scale completely to the right indicates a fake. I would take that into consideration, and then weigh and measure the coins to make sure they are within specifications. If still in doubt, take it to a coin shop. Hope this helps.
2 seconds in I knew the one packed was fake. The color is way off. The shine
I’ve been wanting to buy gold for years, but haven’t done so… I was always scared of getting a fake bar. I was thinking that I could open the package in front of the bouillon dealer and cut the bar in half to check, if it was fake, he’d have to give me my money back.
Is this advisable?
You're far less likely to get scammed from a reputable bullion dealer who has a storefront (not in China) whose reputation means everything to them than a fly by night joe schmo at a flea market/online marketplace. But yeah the non intrusive magnet and thickness tests are a basic measure of confidence in a piece's genuiness at a legitimate bullion dealer.
New sub 🎉
First video of yours I've watched, only half way through video already subscribed ;)
people make fake coins as well. buy from legitimate coin stores and reputable ones. Costco does not buy their stuffs from the streets, they buy from reputable coin dealers. That is also why once you bought them, you can't return it to costco because the store will not be able to test whether it is real or fake.
can your xrf tester verify inner composition? I don't get how the fake one shows so many other metals. unusually good fake ones are completely covered with pure .9999 gold around a tungsten. the fake one could not even pass xrf test inside the tempered packaging if it was showing that punch of different metals.
The xrf will read through the plastic case, but it will take a bit longer to test. Anything else shows up besides gold and it is bogus.
How you doing Michael I ain't been in a while
I'll have to stop in John Christopher
could they pass the sigma machine ?
Does it make a difference that 1 says “one Troy ounce” and the other says “1 ounce”
Yes
*the fake one - LOOKS MORE REAL THAN REAL tbh*
*seriously I thought what "unboxed already" was a fake one, as it looks too yellow in this light, it looks like it's going to attract to the magnet* 😂
Good video
Anybody checked the ones at Costco if they are ligit?
thats what Im saying, everyone ran out to save like $4 on a bar , but is it even legit?
Thanks for the information. Wonder if it's made in China😂😂😂 I'll talk about it more on my channel
so is that anodized aluminum?
Probably a cheap metal like copper on the inside.
I Never buy gold in a case or an assay card. All those people buying those pamp gold bars in plastic cards from Costco.....I'd never buy one from them. I caught a fake silver krugerrand a few days ago from a local dealer, best fake I have ever seen. It was so good I'll never buy silver krugerrands again either. It passes almost all tests, it was scary good!
What test did it not pass?
@@Charlie-Pop it showed up as 99.99 silver on the IR scan, weight was just slightly out of tolerance, the tone was perfect, strike was perfect, the edge of coin looks identical, The only way I knew it was fake was when I looked at the micro stamped lettering. It looked awful under the microscope, they clearly tried to fake it, but it was all dull and had X's and t's in the lettering. It did not spell Krugerrand. Looked like it spelled Xtugettand . Its the best fake I have ever seen! The dealer was mortified!
@@BlackSwansFine-co6cd I don't think the tone would be perfect unless it was the exact same size and the alloy was the same. Your phone with an app is capable of detecting and comparing acoustic signatures.
@@jaredroussel The dealer has an older model sigma. I don't think he used the wand on this coin. The wand would hopefully catch it. This fake was impressive. Maybe they just got lazy. I always carry a magnifier, magnet, i compared to authentic, and ping tester.
Great Vidio
From CHY-NA.
Thank-you. Now to get my $ back from eBay. I admit it's a beautiful fake.
They are easy to spot...
they are much thicker
Costco hurt you ain't it?
It's been awhile. Did you have a table at PAN coin show again @MarketHarmony ? I couldnt make it.
Yes. It's a great show and getting bigger and better each time
serial number on bar and card are so bad, knew it once you flipped. its way too fat. its not a new iteration, not even veriscan
The print is completely different
Bars are fine. Buy and sell to reputable dealers. Also, metal verifiers are cheap these days.
Damn it is close
The Romans never stop scamming
Color is off.
This is an easy to detect fake.
It's only easy to detect if you are familiar with the item... common consumers would be fooled unless they are educated or ushered along in their purchasing experience. But why buy any product when the authenticity will be in question at the time of selling it back to a gold buyer of some sort?
@@MarketHarmony There is no free lunch. To be able to do something means to lern.
I always find these "FAKE" vids interesting where you point out to the counterfeiters exactly what they've done wrong. They're almost to the point now where it will be indistinguishable without doing a specific gravity test. SMARTEN UP MAN!!! You're only helping the bad guys.
No, because if they use base metals, the dimensions of the bar won't match up. Brass has less than half of the density of gold.
There are gold plated tungsten bars, and the dimensions are very close, but those bars are less prevalent.
eagles
The other one sounds fake
You don’t know where they made it? In my Trump voice ,,,,China ,,, China made it
Color is also different
Me watching you cut towards yourself with that blade: 🫣
relax, I'm an Eagle Scout :D
Thank-you. Now to get my $ back from eBay. I admit it's a beautiful fake.