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Reputation Activity
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bft6969 reacted to Gordon in All! Beware of fake gold graded coins in fake holders
I was talking to a guy a couple of weeks ago about gold and he showed me a photo of his gold stack and he had a fake 1oz gold ngc graded coin in there that i could tell was fake right away. So i let him know that it was a fake. But he had the coin to long to return it through ebay so i told him to open a case with paypal and i think he got his money back
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bft6969 reacted to Abyss in All! Beware of fake gold graded coins in fake holders
Before started stacking came across lots of YouTube videos of fake Gold. In the end it formed part of my strategy to avoid graded coins or bars in assay wallets. As soon as I receive package regardless if it is from a dealer or private sale I will perform a video recorded unboxing using caliper, scales and neodymium magnet. Any doubt move onto a gravity test. I personally want to be able to hold my coins and test them without any obstacles (assay card / graded holder) getting in the way.
Only buy from reputable dealers/private individuals I was so tempted to buy 1 oz Gold Britannia bar for absolutely ages but in the end because it did not fit my strategy I avoided the purchase.
You only have to search on wish and amount of fake gold bars/nuggets/coins from China is unbelievable. If it was not for all these fakes I truly believe a lot more of the general public would be involved in wealth preservation via holding onto precious metals.
All photos below for fake Gold on wish. If you spot any of these on eBay I avoid like the plague.....
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bft6969 got a reaction from silversky in All! Beware of fake gold graded coins in fake holders
Hi All,
Some pictures fake gold coins along with fake graded holders on Ebay..
As always, be careful everyone.
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bft6969 got a reaction from ChrisSilver in All! Beware of fake gold graded coins in fake holders
Hi All,
Some pictures fake gold coins along with fake graded holders on Ebay..
As always, be careful everyone.
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bft6969 got a reaction from Abyss in All! Beware of fake gold graded coins in fake holders
Hi All,
Some pictures fake gold coins along with fake graded holders on Ebay..
As always, be careful everyone.
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bft6969 got a reaction from Midasfrog in All! Beware of fake gold graded coins in fake holders
Hi All,
Some pictures fake gold coins along with fake graded holders on Ebay..
As always, be careful everyone.
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bft6969 reacted to Booky586 in All! Beware of fake gold graded coins in fake holders
Yes, I see now, thanks for the extra information. It's easier to see the difference between genuine and fake coins by comparison.
I used to think buying slabbed coins was a safe option, but I've come to realise that it's much harder to check if one is genuine. You can't measure it's diameter, thickness or weight accurately without having to break the coin out, which defeats the object of buying slabbed in the first place.
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bft6969 got a reaction from Booky586 in All! Beware of fake gold graded coins in fake holders
Hi Booky586 ,
So far, I've seen many of the counterfeit slabbed dated 2011 - W buffalo's . I'm not sure why the 2011 W buffalo's. My own experience handling enough buffalo gold coins, I can just spot the quality just looking at the pictures. I don't know how to tell fake slabs, but as for the buffalo's I can tell by looking at it.
But here's some legit pictures of real 2011-W buffalo in PCGS holder.