Sure, we've all heard of fake gold and silver bars...

Discussion in 'Bullion Investing' started by -jeffB, Mar 9, 2026 at 6:03 PM.

  1. -jeffB

    -jeffB Greshams LEO Supporter

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  3. fretboard

    fretboard Defender of Old Coinage!

    Damn, China shows it's sleazy side again, that's a horrible reality for that company and embarrassing as mentioned by their company rep! :(
     
  4. atcarroll

    atcarroll Supporter! Supporter

    There's nothing they won't fake.
     
  5. rte

    rte Well-Known Member

    Sounds like the purchasing department needs to VET their supplier o_O
    Dealing with china, you need to Check Everything.
     
    fretboard likes this.
  6. rte

    rte Well-Known Member

    Even in my line of work.
    When we order a product out and it comes in...we verify what we got and inspect the quality.
    I've been in the business for 40 years and yet some distributors try and slide something by now and again.
    When I catch something, my first question is why would you waste your money shipping me this and how quick can it be replaced.
    Some distributors understand that I've been in the business long enough to know what a good job looks like.
    I remind them that my name is on the final product and I have to deliver it to my customer personally.
    If it doesn't meet my standards you can bet you'll be redoing it.
    I spend tens of thousands of dollars with these companies and they have been in the business for as long as I have... quality is JOB 1.
     
    Neal, slackaction1 and -jeffB like this.
  7. Collecting Nut

    Collecting Nut Borderline Hoarder

    This is why I only buy from reputable sources.
     
    Eric the Red likes this.
  8. Eric the Red

    Eric the Red Exploring the World of Coins Supporter

    Once I heard about the Chinese counterfeit toilet paper, I knew we were all in trouble.
     
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  9. Neal

    Neal Well-Known Member

    Vet and verify everything. For decades counterfeit or adulterated products such as baby's formula and cat food have come from China. (They killed my son's pet cat a few years ago.) I don't like to buy ANYTHING from China. The presumption is it is probably fake or adulterated. Not that everything is, but enough is that you have to start with that assumption. But that is nothing new. Fake and deceitful goods have been sold in every culture throughout history, such as the fourees of ancient Lydia.
     
  10. Clawcoins

    Clawcoins Damaging Coins Daily

    In china, with the recent high demand there has been a TON of silver Plated bars, etc. 60 tons is one estimate.
     

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