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Fake gold and silver all over the place

Thread in 'Finance / Investing' started by Zeake, Mar 18, 2019.

  1. Zeake

    Zeake The Hen that laid the Golden Legos

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    Toothpick, 41mag and chucklenut like this.
  2. chucklenut

    chucklenut The Hen that laid the Golden Legos

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    Yup

    Cant trust the Chinese lol

    I only buy from reputable vendors. Even then its caveat emptor caveat venditor so verify it yourself IMO
     
    Greg_D, Bushwick100, 500mag and 2 others like this.
  3. jaf1

    jaf1 The Hen that laid the Golden Legos Supporter

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    Saw a supposed $20 gold piece at the flea market Sunday. He told an old guy he would take $1200, but it was worth $1500.
     
    Bulldog man Curtis likes this.
  4. Bulldog man Curtis

    Bulldog man Curtis ODT Junkie!

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    What flea market
     
  5. 41mag

    41mag CONFEDERATE DESCENDANT Supporter

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    Nope....not buying any coins from individuals I can’t hold and test Gold content of first.
    Reputable dealer- yes. Individual on flea-bay/etc., ...no
     
    Jeddak, Zeake and chucklenut like this.
  6. chucklenut

    chucklenut The Hen that laid the Golden Legos

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    Luckily most of the fakes are off weight abd easier to tell

    The worst counterfeiters use tungsten to mimic weight and its close for gold

    Pieces of **** they are
     
    41mag and Zeake like this.
  7. jaf1

    jaf1 The Hen that laid the Golden Legos Supporter

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    Lake Acworth on 41.
     
    Bulldog man Curtis likes this.
  8. Zeake

    Zeake The Hen that laid the Golden Legos

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    I can test most coins if you want to bring them to my shop. I have the https://www.thefisch.com/
    and Sigma Precious metals tester. I will be glad to test anything for you. I have seen so many fake coins that it is mind-blowing.
     
    payneed and chucklenut like this.
  9. Zeake

    Zeake The Hen that laid the Golden Legos

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    Locally, a guy bought a collection from a lady on facebook. 10k in cash gone and every coin he got was a fake.
     
  10. Chatsworth

    Chatsworth ODT Junkie! Banned Permanently

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    Friend of mine stopped by Saturday with Silver bars he had just bought at Flea market..
    I held a magnet over them and..ClinkClinkClink..They each picked up off the table and STUCK to the magnet...
    Called a friend of mine who is the local sheriff deputy and he met us over at the flea market just as the seller was packing up to leave..

    My friend got a refund from the seller.