In 2012 there has been an increase in the amount of fake silver hitting the market. Join today for FREE! 362 55K views 9 years ago We investigate a fake Scottsdale silver bullion bar in our usual manner & of course give it some ultimate destruction to prevent it from circulating. 1 oz Pan American Silver Bar. After filling and testing they were all silver. Open to fun/interesting suggestions. Unfortunately, we don't currently have any 'Scottsdale Silver Bars' in stock - If you have gold or silver bullion bars or coins to sell, contact our buying team now on 01902 623 259. All brand names and designs remain trademarks of their respective owners. Having said all this, I believe, any new gold coin sold for +10% above market value should be considered semi numismatic and condition should be a factor. While these markings can be faked, missing or incorrect markings are a clear sign of a cheap knock-off. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, Chinese counterfeiters target silver bullion products, 2023 Amos Media Company. He has also contacted secondary market sites that offer the pieces in an attempt to get them removed from sale. Click here for the full site Terms and Conditions. I consider silver to be a more logical source of alternative currency, because its more affordable personally, more people trust silver, more are more familiar with its look and value and, lastly, it was a staple of American currency up until around 1964 in our common coinage which was about 90% silver content of the dimes, quarters, half dollars and silver dollars. Platinum: 0. The company's modest origins can be traced back to when its founder, Louis Vuitton (1821-92), wishing to free himself from the conventional lifestyle . The fake 1-ounce bars purchased in January by Dan Davis with Staten Island Coin Investors for $3,000 duplicate designs of genuine silver bars issued by Northwest Territorial Mint, Pan American. American Bullion will not be liable for any errors or omissions in this information nor for the availability of this information. Also added a few of the Academy ones that I finally found at reasonable prices since they usually have a much higher premium. Hansen said the counterfeits are of extremely high quality. In my experience the vast majority of bullion dealers and online sellers are reputable, honest people, however as with anything in life it pays to be vigilent and on guard for scammers and rip off merchants. To carry out the test take one silver coin or bar and rest it on the end of your finger, take another coin (or bar) and lightly tap the silver on the end of your finger. The silver will also turn very cold to the touch, very quickly (within a few seconds). (adsbygoogle = window.adsbygoogle || []).push({}); First, try the magnet test. The following video shows how to carry out the silver acid test. The theory is that a pure silver coin or bar will generate a long ringing sound like a bell when tapped with another coin or bar. Dec 23, 2022 Beautiful and rare Galaxy silver is coming soon to our website! The popular bar style is available in a number of weights, with the 1 Kilo bar the latest . 1 oz Canadian Maple Leaf Coins. Most fake silvers use a thin silver plating to achieve the same shine and, to a much lesser extent, the same conductivity. A reasonably powerful rare earth magnet is best for this test, as a standard fridge magnet most likely wont be strong enough if the fake is silver plated. To link to this page from your website, simply click inside the box, then copy and then paste the code to your web page. Some of them are easily spotted because they are missing the denomination (e.g. 2014 Detect-a-Fake. Description. Check out their 'Tombstone nuggets' as well as their 'King Stacker' silver bars. This hub explains some of the risks and precautions that you can take to avoid falling into the same trap as I did of buying fake silver. Also be suspicious if the seller cannot deliver instantly and the delivery date is some days/weeks away from the time of order. More than a half dozen U.S. makers of 1-ounce silver bars and rounds have been targeted repeatedly by counterfeiters, with the knock-offs offered for sale on the individual websites of the Chinese distributors and manufacturers, as well as Alibaba.com, an international trade site headquartered in China. Firstly I'd try the ole magnet test,if you hadn't already??? The fake 1-ounce bars purchased in January by Dan Davis with Staten Island Coin Investors for $3,000 duplicate designs of genuine silver bars issued by Northwest Territorial Mint, Pan American Silver Corp. (produced for the past 10 years until December 2015 by Northwest Territorial Mint), Scottsdale Silver, SilverTowne, Engelhard, APMEX, and the Highland Mints American Buffalo 1-ounce rounds. Did you buy it as abullion coin which ultimately can bescratched , dented or buggered(subjective, as highlighted blew)? In summary I hope this hub provides some useful information on how to guard against and detect fake silver. Onward we go to the most common fakes on the market, those famous Chinese Panda coins. 1 oz American Prospector Silver Bar. Counterfeit bar for photography courtesy of Dan Davis. As low as: $ 26, 540. Since many silver bars and coins qualify for Self-Directed IRA inclusion, investors can protect their portfolio while staving off the IRS, too. Study the characteristics of both, as to the look, feel, thickness, overall size, all the details you can observe, right down to the distinctive sound true silver makes when dropped on a hard surface. No other explanation. However, this betrays one of the most powerful identifying properties of real silver: silver is not magnetic. He said he has pursued civil remedies without success and even has sent representatives to China to meet with government officials and the firms responsible for making the knockoffs. 2017 1oz Cayman Islands Marlin .999 Silver Coin PCGS MS70 #807284 - Pop. The weights of all standard coins and bars can easily be found with an internet search. NO!, But they are accurately describing the item. FakeBullion.com LLC assumes absolutely no liability for the use of any content of the FakeBullion.com website or any information generated by FakeBullion.com LLC and distributed elsewhere and does not guarantee accuracy. This can be difficult since most households lack such magnets. Moreover, a Staten Island, N.Y., coin dealer reports he was recently duped into buying 225 counterfeit pieces, bars and rounds that are composed of silver plate over brass or a zinc alloy. By submitting you agree to be contacted by American Bullion via mail, phone, text or email. Interesting!!! Please leave this field empty. Orders in multiples 10 will be supplied in original tubes. Yes agreed about purchasing from people with a good reputation. As the name says, they specialise in silver, and have a reputation for how effective their plant is at recycling waste metal. . beware of new silver bars in HARD plastic, it seems all the fakes I see for sale are in hard plastic airtites. 5 kg Silver bar (Photo credit: Wikipedia). So does anyone know yet about the other 98, one way or the other? The metallurgical testing is not routinely conducted on bullion products received sealed from the world mint of manufacture, but is done on nongovernment sealed bullion products APMEX buys from customers. The photos below show how the silver bar attracted and picked up a magnet. There are a number of different tests that an individual can carry out from their home to detect for fake silver. Your resource for identifying counterfeit bullion. English: Picture of a genuine American Silver Eagle and a counterfeit Morgan Dollar manufactured from Nickel Silver. By continuing to use this site you consent to the use of cookies and to our Privacy Policy & Terms of Use. These counterfeits include American Eagle and Canadian Maple Leaf coins, he said. Amazon Vow to Stop Seller Squeeze Was Fake, California Says (Bloomberg) -- Amazon.com Inc. continued blocking sellers from offering lower prices on . Coinflation. Actually, it is the counter Electro-magnet force from the induced current moving a high-powered magnet on copper or silver. Drop a small amount of liquid nitric acid on that scratch and wait for a chemical reaction. If you look around on the internet regarding fake silver bullion then it seems these Scottsdales are quite popular when it comes to being faked. lead, copper, tungsten) will not be attracted to magnets either. All brand names and designs remain trademarks of their respective owners. The acid test should be considered a last resort as it will mark the silver. By Bullion Finish. Authentic silver bars will never be attracted by a magnet. Details of the weight and fineness also appear. Got further information from the dealer who reported the fake Scottsdales. It occurred to me recently that the first thing I ever bought was this 1oz bar from ebay around 5 or 6 years ago,it has since been sitting in a drawer collecting dirt and whatnot, I forgot I had it until today. He is just as guilty as the maker and the one who passes it off to the collector. Useful indeed! Scottsdale Stacker 10 oz Silver Bar Available to Order $8.88 Flat Rate Shipping $199+ ships free - Precision-machined 10 Troy Oz Silver Bar - Beveled, interlocking edges, precision-stamped. Venmo, Zelle, cashapp, crypto accepted - please let me know which payment method you would like when messaging. If they don't I would run far away from that seller Scottsdale 1oz bars are renown for fakes so Im not surprised some have sneaked through the system. Contact American Bullion with any questions about your Gold IRA and investment strategies. For assistance ordering please contact our friendly team on 0121 634 8060 or email support@bullionbypost.co.uk. Sort by: Scottsdale 5oz Silver Round Stacker In Stock August 18, 2021 in Silver. PSE | So this test will not reveal many of the silver fakes on the market, however it is definitely worth trying. in fact one of the industry leaders. The next point is physical size. They're my favorite bars and the added security features are definitely a bonus. Recently I was duped myself and purchased two 1 oz silver bars through e-bay which turned out to be fake. Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topicposts. Saw it open, look at the core, even if it is silver it is most likely worth melt only the way it looks. The following are a list of fake silver bars and coins which have been reported (to name a few). The primary method to detect the counterfeit from the genuine piece without conducting metallurgical analysis or destructive testing is measuring the thickness. Copyright 2018 American Bullion, Inc. is a Registered Trademark. CU | without express written permission from FakeBullion.com LLC. Hansen said his company makes more than 18,000 products, with nonbullion products also being counterfeited. In theory it should make a pleasant sustained ringing sound like a tuning fork. Please don't hesitate to reach out via chat or PM, either is fine!! If the price is too good to be true it probably is. If you look around on the internet regarding fake silver bullion then it seems these Scottsdales are quite popular when it comes to being faked. SALE. On 07/11/2019 at 21:12, ilovesilverireallydo said: On 08/11/2019 at 20:04, AurumArgenti said: On 08/11/2019 at 21:03, ilovesilverireallydo said: Offers and discounts available for Platinum & Platinum PLUS Premium Members , *Promotion* 1 Trial Silver Premium Membership , NEW Newbie FAQ section - link to NEW Newbie FAQ section. Below is the height a bar should measure from each mint. Your information is 100% secure with us. What appears to be a 1-ounce silver bar from SilverTowne is actually a silver-plated brass counterfeit fabricated in a facility in China. Your link has been automatically embedded. Create a free website or blog at WordPress.com. To give a little balance to the thread. Next, check the height. BUY AND SELL COINS SAFELY AND WITH CONFIDENCE. 90% Silver: 3 Pasted as rich text. The hailstones became bigger and bigger, at first they were the size of a fist, then they became the size of shark tank green ape cbd gummies a rice bowl, and finally some of the hailstones were the size of a watermelon When it hit the ground, even the ground trembled slightly.Gu Yezhou hid under the corpse, listening to the loud noise of . It takes a lifetime to build a good reputation and moments to destroy it. Scottsdale Mint - good. 2023 New Forum Sponsor! The magnet I used was a small neodymium magnet that I found in one of my kids toys. I'm pretty sure they are showing pictures of their actual products. Scottsdales superb Viking series back with its second trilogy of silver coins There have been many ancient gods coins released over the last few years, so many that I'd assume we'd all be suffering from exhaustion at the numbers by now. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. +4 colors/patterns Amazon Collection Platinum-Plated Sterling Silver Round 3-Stone Ring made with Infinite Elements Cubic Zirconia (2 cttw) 3,910 Limited time deal $2550$30.00 FREE delivery Sat, Apr 22 Or fastest delivery Wed, Apr 19 Options: 5 sizes Amazon brand More Results Gixaxak Scottsdale Silver has 1 review. If your gold piece fails in one of them, it might be an indication of fake gold items. The counterfeit bar is about 1 millimeter too narrow, but otherwise very closely matches the size and weight of the genuine bar. On the issues at handwhy risk a business for a load of 1oz bars? If you place a piece of silver onto a block of ice it should cut through the ice like a hot knife through butter (and without applying any pressure). Winner numerous NLG Literary Awards. For the latest up to date stats please see the stats in the ride sidebar when browsing from desktop. Platinum: 1, Silver Bars & Rounds: 0 Please note that this database is an ongoing project and is by no means exhaustive. Risk Disclosure | Privacy Policy | Accessibility | Terms & Conditions. All original information, graphics, and photographs are copyrighted and may not be redistributed (including but not limited to: other websites, forums, print media, broadcast media, etc.) For the latest up to date stats please see the stats in the ride sidebar when browsing from desktop. without express written permission from FakeBullion.com LLC. WGtrading Store. From my own experience this test is not reliable. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. Generally you should be able to find one of these, somewhere in the house. Byb was a bit different- it was real gold but forged coin. And the stackers are beautiful. See Items for sale hereAlso on Instagram: Bargain Numismatics, Seen a thread on a Facebook group about a batch of fake 1 oz bars from (the dealer). Most fake bullion items are simply cheap gold or silver electroplated versions of the original. The exception being 90% American currency silver coins, which when worn, can weigh up to around 5% less than they originally did, but since theyre in several different sizes, this doesnt really apply. 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