Stackers beware! The chinese are coming out with counterfeit Engelhards

mkman123

Go to kitco forums and read, a poster mentioned that there were some 100 oz Engelhards coming from China that they have found to be fake! Its bad that you have to be fearful about your slabbed coins and morgans dollars being a fake, now the bullion stackers are going to have to be real careful!!

MsMorrisine

gold has its tungsten.

is there any metal with approximately the same density as silver?

Frankcoins

<< <i>Go to kitco and read, a poster mentioned that there were some 100 Engelhards coming from China that they have found to be fake! Its bad that you have to be fearful about your slabbed coins and morgans dollars being a fake, now the bullion stackers are going to have to be real careful!! >>



Chinese manufacturers have been openly advertising that they will make fake gold bars to any specifications desired...for about 5 years

http://www.tungsten-alloy.com/en/alloy11.htm

CaptHenway

<< <i>gold has its tungsten.

is there any metal with approximately the same density as silver? >>



Pure silver has a density of 10.49.
An alloy of 80% lead, 20% zinc has a density of 10.50.
TD

SmallTownCoins

Wonder if they will pass the "ring" test ?

Ciccio

<< <i>Wonder if they will pass the "ring" test ? >>



Did you say ring test?. Uhm...not so accurate...

clouisejewelers

There were fake Engelhard 100s at least 15 years ago. If people made them when silver was only $4 per ounce they are surely making them now.

tydye

First for me today. Encountered fake one oz silver art bars. Plenty of rounds but never a bar until today

BigE

The Chinese have to sell their counterfeit bullion to the US. If they sold it over there they would get their hands cut off----------BigE

BigE

tydye, what did the art bar look like? Just curious if I could have ended up with any and what to look out for---------------------BigE

tydye

It was a Happy Birthday with balloons on it

BigE

thanks

mkman123

tydye why did you think it was fake? Any pictures? Thanks!

piecesofme

You believe that YT video, with all those edits? They did not show the bar being fully cut, taken off the saw and shown to the camera in real time. Did you ever think maybe those guys have an interest in trying to make people think the ring test doesnt work? Just a thought...or am I being too cynical?

Ciccio

<< <i>You believe that YT video, with all those edits? They did not show the bar being fully cut, taken off the saw and shown to the camera in real time. Did you ever think maybe those guys have an interest in trying to make people think the ring test doesnt work? Just a thought...or am I being too cynical? >>



I thought it was just funny when they found out they cut a legit bar. Sometimes fun is enough for me.

tydye

Sorry - no pictures. A dealer friend of mine showed it to me. It had a similar look as in surfaces to the fake round that Weiss showed in another thread. He did not mention if it was light but I assume so.

Bear

So what is the better investment, a phony tungsten gold bar,

or a phony lead, copper silver bar?