Sigma Precious Metals Verifier

Discussion in 'Bullion Investing' started by PeacePeople, Jul 19, 2014.

  1. PeacePeople

    PeacePeople Wall St and stocks, where it's at

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  3. medoraman

    medoraman Supporter! Supporter

    Too bad its more at a dealer pricepoint than a normal stacker pricepoint. If they had a smaller model around $199 I would buy one, and would honestly say it would be foolish for any pm investor not to own one. At this price point, I would say anyone buying pm off CL or other non-traditional sources would still be money ahead by owning this, even at the higher pricepoint.

    I still would like to see a few more types of fakes and how the machine would read them just to get comfortable with it.
     
  4. josh's coins

    josh's coins Well-Known Member

    Someone posted about this before a few months ago. it is just a luxury item. it costs $900 and it really is not worth it unless you are buying up massive quantities of gold and silver on a daily basis.
    Most people who stack bullion know how to tell whether it is real or fake. At least I hope so. Otherwise some of you guys might have a safe full of tungsten :nailbiting:
     
  5. PeacePeople

    PeacePeople Wall St and stocks, where it's at

  6. medoraman

    medoraman Supporter! Supporter

    Well, the dealer stated $720 on the video. I said it was priced more for a dealer, but how many fakes would it take to pay for itself? One half ounce gold? A group of fake pandas or ASE's? The fakes are getting better, and any dealer or stacker who buys off of CL or similar I would say should be considering this machine.

    I tried to read your link Peace but it says I need to be registered. I am thinking based upon my reputation here the bullionstacker forum would simply assume I am a plant and immediately ignore what I say anyways. :)
     
  7. PeacePeople

    PeacePeople Wall St and stocks, where it's at

    Nah, they'll let you on, you can even drop my sn if you want. I'm surprised as I thought that was a public part of the forum.
     
  8. Hotpocket

    Hotpocket Supreme Overlord

    I think this would only be practical if you were able to test the PM before you buy it (like at a coin show). Otherwise, if you are buying off the internet, you already own it by the time you realize its fake. Good luck getting your money back.
     
  9. BullionBill

    BullionBill Member

    $700-900 for that gadget? What happened to the good old fashion "Biting the Coin method...it works. And you can verify any gold or silver coin right on the spot.
     
  10. Tinpot

    Tinpot Well-Known Member

    You can verify that's it not chocolate :D
     
  11. Hotpocket

    Hotpocket Supreme Overlord

    I have too many gold teeth to bite the coin...
     
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