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<p>[QUOTE="Sundance79, post: 2954834, member: 84413"]And sometimes even the guy you are buying from may to unaware he is selling a fake.</p><p>Recently a jeweler in Canada walked into a Bank of Canada and bought a 1 oz gold bar minted by the Royal Canadian Mint. The bar was still in its package from the mint. He walks back across the street to his jewelry store, takes the bar out of the package and puts it in his roller to flatten it out. Immediately we realized something was very wrong. It turned out it was a tungsten bar with a heavy gold plate on it. Well you can just imagine what happened when he walked back across the street to the bank to inform them they had just sold him a fake. So now there is a big investigation going on. But you have to wonder just how many of those fake bars were sold to dealers for resale.</p><p>There was a guy on ebay selling one ounce bars from the Perth Mint. He offered a full guarantee and refund on the bars, unless you removed it from the package. Well just how can you tell if the bar is real or not unless you remove it from the package!!</p><p><br /></p><p>The whole thing just makes one want to quit collecting coins and start collecting stamps!!!</p><p><br /></p><p>So the way I cope is I don't buy any high grade, high value coins unless they have been graded and slabbed by one of the big 4 grading companies. I prefer to buy PCGS, but I send my coins into ANACS because it is a much better value.[/QUOTE]</p><p><br /></p>
[QUOTE="Sundance79, post: 2954834, member: 84413"]And sometimes even the guy you are buying from may to unaware he is selling a fake. Recently a jeweler in Canada walked into a Bank of Canada and bought a 1 oz gold bar minted by the Royal Canadian Mint. The bar was still in its package from the mint. He walks back across the street to his jewelry store, takes the bar out of the package and puts it in his roller to flatten it out. Immediately we realized something was very wrong. It turned out it was a tungsten bar with a heavy gold plate on it. Well you can just imagine what happened when he walked back across the street to the bank to inform them they had just sold him a fake. So now there is a big investigation going on. But you have to wonder just how many of those fake bars were sold to dealers for resale. There was a guy on ebay selling one ounce bars from the Perth Mint. He offered a full guarantee and refund on the bars, unless you removed it from the package. Well just how can you tell if the bar is real or not unless you remove it from the package!! The whole thing just makes one want to quit collecting coins and start collecting stamps!!! So the way I cope is I don't buy any high grade, high value coins unless they have been graded and slabbed by one of the big 4 grading companies. I prefer to buy PCGS, but I send my coins into ANACS because it is a much better value.[/QUOTE]
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