Fake Silvertowne Bars

Discussion in 'Bullion Investing' started by APX78, Mar 24, 2023.

  1. APX78

    APX78 Well-Known Member

    I have seen some fake SilverTowne 1 ounce silver bars on Ebay recently.
    I know someone who bought one and it sticks to a magnet.

    The "O" in SilverTowne is filled in and the "e" also looks filled in on the bars.
    And the bars are in snap together cases that I've seen other counterfeit bars in. Also, the prospector's ax head does not have a handle attached, but it looks like it is floating over his shoulder.

    I found this listing on Ebay and it is the same type of bar:


    Just trying to help others.
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  3. Mountain Man

    Mountain Man Supporter! Supporter

    Sounds like the gold bars that were lead centered.
  4. lordmarcovan

    lordmarcovan Eclectic & Eccentric Moderator

    And tungsten.
  5. APX78

    APX78 Well-Known Member

    This 1st Photo is from the SilverTowne website.
    It shows authentic bars with a normal "O" and "e" in the name "SilverTowne.

    Silvertowne Bar Example 1.png

    The 2nd photo below shows the fake bar.
    Notice how the "O" and "e" on SilverTowne are filled in.

    Silvertown Fake Example.png
    Eric the Red and AdamL like this.
  6. rte

    rte Well-Known Member

    The SQUARED OFF corners is a clear giveaway.
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It says it was ended by the seller because it was lost or broken, I guess we
    can fill-in the blank for fake..LOL
  8. APX78

    APX78 Well-Known Member

  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Big Surprise, seller has ZERO feedback and selling them at a loss...LOL
    Marsden likes this.
  10. rte

    rte Well-Known Member

    I see 4 feedbacks.
    One genuine bar and some sold fakes.
    I reported the one with bids on it to eBay.
    Sadly eBay doesn't allow me to describe why it's a fake bar.
    Not that eBay cares? It's lost revenue for them.
    I was looking to upload the picture to eBay.
    I did send eBay a link to the fake bullion page.

    Should list an ad on ebay that says
    For all the people who don't know any better and are throwing you're money away on these fakes...
    SEND ME A DOLLAR if you bought a fake silvertowne silver bar on eBay.
    This Public Service Announcement will save you money...Educate yourself.
    Last edited: Mar 28, 2023
    Marsden and Tall Paul like this.
  11. rte

    rte Well-Known Member

    Last edited: Mar 28, 2023
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  13. rte

    rte Well-Known Member

  14. rte

    rte Well-Known Member

    I sent both sellers a link to fake bullion.com.
  15. APX78

    APX78 Well-Known Member

    I appreciate all of the great information everyone is sharing.
    I feel it is important to get the word out about these fakes.
    I hope we can help others by bringing attention to this.
  16. rte

    rte Well-Known Member

    One of the sellers responded with thanks he's going to remove the listing.
    It's got 9 minutes left and at $31.00 with $6.65 shipping IF anyone wants to bid :p
    He said he didn't know it was a fake, he bought them from a dealer.
    I responded back with if you don't have any way to test silver Cut one in half...see if you can return them to your dealer.

    This seller with 1700+ feedbacks I'd think knows better??
    His description doesn't say it's a silvertowne bar and says it's in a vinyl sleeve. Picture clearly shows a hard plastic case, YET has 12 different bidders:rolleyes:


    Last edited: Mar 28, 2023
  17. APX78

    APX78 Well-Known Member

    It is great that you are sending the sellers examples of fakes.
    I have contacted sellers also. I did notice that some of the fakes have some new issues like I mentioned in earlier posts with some of the letters being filled in and even the handle of the prospector's pick missing.
    It looks like more fakes are being produced with different varieties.
    Thanks again for helping others!!!
  18. Mr Roots

    Mr Roots Underneath The Bridge

    I “loss” has nothing to do with the silver spot price. Unless you know what he paid for them you don’t know if he’s selling them at a loss.
    fretboard and masterswimmer like this.
  19. APX78

    APX78 Well-Known Member

  20. rte

    rte Well-Known Member

    I asked the seller if these were legitimate silvertowne.999 silver bars.
    Before I send them a chart I'll see if they know they are fake and report to Feebay.
    I'd almost be tempted to buy it and report it as fake after and get my money returned.
    Maybe that would get this seller attention?
  21. rte

    rte Well-Known Member

    The seller replied with.
    Would not have listed.
    You have not bought one from me anyway.

    Guess he thinks they are real, maybe I didn't send this seller the link to the fakes.

    Seller said they would refund my money after I return the item...
    I asked if I sent them the fakebullion.com picture
    before? then sent it.
    Last edited: Mar 29, 2023
    fretboard likes this.
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