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Has anyone here ever seen or hear of a counterfeit or adulterated smaller silver bar under 100 oz?

PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭
in Precious Metals
Someone here started a thread about authenticating 10 oz silver bars. I never gave it much thought but is there a concern with the authenticity of these bars? I read about a few of the 100 oz bars being drilled out and the silver being replaced with lead but my understanding is that this was not very prevalent.

Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire

Comments

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    I have a 10 oz credit suisse bar that only weighs 9.85 toz...Somewhere in its history it may have been shaved by .15oz ...Interesting bar.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭


    << <i>I have a 10 oz credit suisse bar that only weighs 9.85 toz...Somewhere in its history it may have been shaved by .15oz ...Interesting bar. >>



    Can you see where it was shaved? Can you provide a pic? Doesn't seem like it would be worth the effort especially considering they damaged a bar.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • TooSnappyTooSnappy Posts: 43
    I see alot of those goofy "plated" 1 ounce bars on ebay. Theres gotta be some kind of market, weither its scamming people or just the pretty pics on them for it to even be worth the time to make them. I would think anyway.
    Positive transactions as a buyer-Utahcoin, CEOGBOSE, grote15, guitarwes, ms71, zrlevin, Durexmetals
  • tydyetydye Posts: 3,894 ✭✭✭
    Most of the colorized chinese bars out there are counterfeit - silver plated copper. As I found out a couple of months ago. I have seen fake 100 50 and 20 gram bars. Lots of fake rounds around but they are pretty easy to spot even without a scale. Unlike the bars which were very good.
  • cladkingcladking Posts: 28,646 ✭✭✭✭✭
    Watch out for some of those bars from the late-'80's.

    Some will have things like .999% silver and that's an exaggeration probably since
    they're probably much lower than 1.000% silver. There are several items like this
    but none are very often encountered since they were caught fairly early. Watch
    out for double eagle series with presidents on them. Usually you can tell because
    they just don't "feel" right but they can be surprisingly deceptive even when they're
    supposed to be gold.
    Tempus fugit.
  • CaptHenwayCaptHenway Posts: 32,119 ✭✭✭✭✭
    Never seen any bad ten ounce bars, just some of those large size currency reproductions that were silver-plated copper.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • SportsModeratorSportsModerator Posts: 1,624 mod
    I have a bad "one troy pound" silver $100 Franklin currency bar.

    Forum AdministratorPSA & PSA/DNA ForumModerator@collectors.com | p 800.325.1121 | PSAcard.com

  • PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭
    Did these currency reproduction bars come with a certificate of authenticity?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • SportsModeratorSportsModerator Posts: 1,624 mod


    << <i>Did these currency reproduction bars come with a certificate of authenticity? >>



    No, but I can print one up for you image

    Mine came as a part of a bulk "deal" on our very own BST a year or two ago.

    Forum AdministratorPSA & PSA/DNA ForumModerator@collectors.com | p 800.325.1121 | PSAcard.com

  • OPAOPA Posts: 17,119 ✭✭✭✭✭
    As a matter of fact, I believe I can...the sides of the bar are waverly...

    image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • gecko109gecko109 Posts: 8,231 ✭
    Just for the record, I made the discovery on Opa's bar. image


    Gotta toot my own horn once in awhile....If I dont, noone will!
  • PerryHallPerryHall Posts: 46,113 ✭✭✭✭✭
    OPA---Does that bar have the correct weight and the correct ring when you balance it on your finger tip and tap it with a pencil? The waviness may be from damage---silver bars got tossed around and were treated like they were only so much bullion which they are.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • OPAOPA Posts: 17,119 ✭✭✭✭✭


    << <i>OPA---Does that bar have the correct weight and the correct ring when you balance it on your finger tip and tap it with a pencil? The waviness may be from damage---silver bars got tossed around and were treated like they were only so much bullion which they are. >>



    Yes, Gecko made me aware of the potential shaving after I first posted it about 1 to 1 1/2 years ago. It weighs 9.85 toz & has the correct ring...To heavy for me to "balance it" on my finger. I have no doubt it's a credit suisse .9999 silver bar.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
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