Fake Silver Ingot Warning

Discussion in 'Bullion Investing' started by ozcopper, Jan 8, 2012.

  1. ozcopper

    ozcopper Junior Member

    Watch the video here: http://www.youtube.com/watch?v=LgjGJtcgfuA

    There are currently many fake gold and silver ingots and coins being sold out of China. Many of these items are made to a high quality and are hard to tell from the original for those not familiar with the original items. Below is a list of some of the current fake types available.

    Some currently faked silver ingots:

    1 ounce Sunshine Mint

    1 ounce Scotsdale

    1 ounce Pan American

    American Prospector
     
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  3. tonedcoins

    tonedcoins New Member

    wow...

    Thanks for sharing.
     
  4. kaosleeroy108

    kaosleeroy108 The Mahayana Tea Shop & hobby center

    ashame they need to find these people and stop them
     
  5. jjack

    jjack Captain Obvious

    One major drawback of silver is that it is specific density can be emulated with a mixture of Lead and another metal like zinc/brass etc.
     
  6. rodeoclown

    rodeoclown Dodging Bulls

    How? If China isn't going after them and we don't have jurisdiction there, the only way to stop them is to educate collectors and people who are buying coins.
     
  7. quartertapper

    quartertapper Numismatist

    Why would anyone be surprised at this? It seems the Chinese figured out dishonest capitalism in a hurry.
     
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