BEWARE OF FAKE PAMP 1oz GOLD BARS on eBay!
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- Опубликовано: 15 фев 2017
- Came across this bar on ebay for a reasonable yet believable price. Turned out to be fake. Just wanted to share. If I am unable to return this to the seller, I will make another video where I will open and examine the bar to learn it's true metal content.
It's really good that people like you are putting this out there. Unless you're rich and have money to burn its not cheap or easy to invest in gold. And to be ripped off for thousands of dollars hurts. So any help in keeping this from happening is greatly appreciated. Thank you for sharing this.
Great video. The best advice is to always buy from a reputable dealer. Very good advice, thanks.
Thank you for sharing and demonstrating, you are saving a lot of people from falling for this trap. You are doing the stacking community a solid a charity if you will, and helping new stackers to understand what to look out for. All in all better to spend the extra 20 bucks or whatnot and always go to a trusted reputable bullion dealer.
What was the outcome?
I love my local coin guy....honest...reliable...and always charges me SPOT price....never spot plus premium.....I only buy on eBay if feedback is 100%..thanks for the video.
Thanks for video. Which is the correct dimension of the bar?
Thanks very helpful, just bought a bar and hope its real!! Do all veriscan bars have a QR code? The pic of mine doesn't appear to show a QR code
👍A few years ago I had a similar case with a fake one ounce "platinum" bar in a package from the same company.
I returned it safely back to the seller.
Did you try the magnet test ? How does it react with a normal magnet ???
And maybe a néodyme magnet ?
Thank you for posting. Very helpful. I bought silver and gold on ebay with APMEX certificate. Now I still have to verify. I will be more careful this time after watching 4 videos of warning and your video is helpful.
How if you scanned the fake one by veryscan application? Is it works?
The brand new ones have a plastic skin over them do the fakes?
Where did you get the real one from
Great tip. I guess the danger is not there wen we buy fro jmbulion and similar sites right? Or there is a chance even those websites can Do the same trick? Thank you!
Thanks for the advice. Very valuable information.
But Pamp Swiss God Bar have Veri Scan feature and will prove it's real or Not. Can it be trusted ?
Did the virascan work on the fake
He refunded the full amount and based on that, you’re not opening a case against him??? Why? He’s still a fraudster doing damage to the public and needs to be arrested. Why anyone would buy “gold” from a strange individual on eBay is beyond comprehension.
What about barcode, is it protection?
Where can I buy these counterfeit bars
If it's discounted below spot it's got to be fake. There's no reason to sell gold below or even at spot because it has so much liquidity. But of course fake bars are also sold at above spot.
whats with a veriscan?
i would do testing on any bullion i bought immediately. even if it came from the mint that produces them.
I know people are quick to think a company is being honest just by good reviews. Hell even their employees could be posting good reviews. Not to mention the people giving them reviews probably never tested the gold themselves.
The color and the fortuna depth gives it away quick and yeah that is a thickness is huge lol. I bet the mainly get first time buyers who have no experience. It took me 2 seconds just from initial view.
Anyone no the name of the app for the qr code.???
That's what happened to me few weeks ago. I made a short video about it as well. Great video
how i can get the fake one
did you get your money back ?
Where is a good place to sell gold?
Great video! Thanks for the information
have u done veriscan ?
Are the ones on Amazon fake too?
Did you ever test it
Hello, ... talk about counterfeit coins ... but in which places are they scamming? locations or names of distributors ...?
would you be worried if you had one of these and the card seperated front and back and the bar fell out?
Space Catboy: They all do that after a few years :-(
It seems as though that gold induces neuropathic side-effects: I've seen so many shaky hands while handling gold bars.
24k baby, that’s the real deal!
Great video thanks looking getting into gold
Womble stacker uk
Subbed
Good luck with your channel and stacking
Why do. Use continue to buy from eBay buy from the pamp refinery
Did Ebay honor the refund?
so the scan would not be an effective way to know if its real pamp?
Same factory in China today also makes the PCGS coin holders perfect, with the Golden Shield, with working NFC chip inside, correct QR-code and even the CAC hologram and PCGS holograms are flawless and impossible to spot even when held beside a real one. This is scary and I never again buy from a private person on eBay etc. I only buy from trusted dealers. I was hustled for 7,900 USD in one single purchase for a 1889-CC Morgan Dollar in PCGS holder with golden shield, CAC at the slab, and 2 pcs of these 1 oz PAMP bars
Glad you got your money back, I don't buy it unless I hold it first. I don't know if you have any local shops, maybe I'm fortunate. I have about nine shops within a 10 mile radius. he get weight it, and test them before you buy,,, it's hard to trust somebody you don't know. And that's a lot of money. Plus private stores don't want a bad name forever, fake sale could ruin their reputation, and that's a good thing...
Nacholibre77 is my uncle's girlfriend's mother! I laughed so hard, thanks for the vid and laugh
I bought 2 fake 5g pamp bars of eBay, I opened a not as described case and told him that one of the bars numbers didn’t match the card and they where too thick, maybe about 3-4mm where they are meant to be 0.9mm. No response and 10 days later eBay approved my case and asked me to send them back for a full refund, so I sent them back and kept an eye on the tracking and it said that he refused to take it and now it’s getting sent back to me, I still got refunded but I’m not sure what is going to happen to the bars
Jb 700 u know where I can buy these counterfeit bars ?
glad you uploaded this
Kozofit 10k views bro!!
So would you advise against buying gold bars on ebay in general? Or just pay extra close attention to their feedback and/or if their account represents a legitimate business?
I would say, don't buy them in assay cards. People think they are more safe but actually they are less safe. Counterfeiters know that most customers would not tear a bar out of an assay card to test it. The bar in this video is clearly too thick and has scratches on the edge, so it's easy to spot without cracking it out of the assay card, but there are tungsten fakes that will look as thin as a real gold bar. Unless you have expensive X-ray equipment you would have to take the bar out to test it, and like I said most people are hesitant to do that.
Why don't people buy directly from their mint? I don't get it,maybe they pay a few more dollars but at least you know your gold is real.
TheSunnycal well if you buy from a reputable dealer on eBay, there shouldn't be an issue. These dealers are very careful about their reputation because it means everything. When I mean reputable I mean APMEX, BPM, and pinehurst
Fools gold
Serial Number font is different too. Thank you for sharing.
I noticed even more and more differences when comparing the fortuna lady. It's not even close. Easy call. Although it looks very real superficially.
Thanks for your information!
He said right when I bought it I noticed it was fake .. then why
Anyone know any good reputable sellers in eBay? Im looking to start stacking but I’m hesitant because of this situation here. It would be very helpful. Ive been using eBay for years i am a card collector so i can usually spot fake items very well. Right now I’m learning as much as i can to help me prevent being ripped off.
Glad to hear you were able to get your refund. I don't know if i would be able to tell the difference maybe the serial number but that would be it.
eBay guarantees refunds. You could easily tell if u owned a genuine PAMP bar but if not it would be difficult
the only way to tell from just the front is the R in the circle next to the last P in PAMP is bolder than a real
One of the easiest way to tell if a PAMP bar is fake is to look at the details of the woman. The fake ones are usually larger and visually "uglier". Real ones are usually more defined. 2nd dead giveaway is PAMP's logo. Theres almost always a noticeable difference between a real and fake logo. Check 2:38
wow I AM SHOCKED! thanks for sharing...
ebay has cracked down on fake gold bars since this video. With that being said, always remain vigilant and only buy from reputable gold dealers on ebay
Please, where i can buy this Panda gold coin? Im from EU and i can't find at local dealers. :( Thank you!
Mo S you shut your fucking mouth
Well done job ! Revealing fake gold in plastic - I guess there are more out there. Not 12k gold even ? Layer on layer ?
Do you think buying from U.S. Gold Bureau is legit?
I buy all my gold from eBay but only from one of the big dealers, with the sales they throw out every week there’s no reason to be buying from some private seller
kitten!
Is magnet test enough to tell real or fake gold?
Alex Cheng: Not always.....some fakes use non-magnetic metals. The only certain way is to use an XRF Analyser (which will cost much more than the gold) so always buy from a reputable seller who has a reputation to protect. They will test their products before selling them.
who is the seller ?
There's alot different about the 2 even the image of Lady Fortuna is way off and the printing on the package in the spacing between letters. Thanks for showing this!!
Did you buy from a ebay coin dealer or individual seller?
Rohith Dravid I bought from an individual seller which is a HUGE risk. If you buy from a reputable dealer, it should be fine
very very thanks..helps me a lot! !!!
The fake or is a little bigger
Didn't even open it and cut it open?
When people selling fake ,are they go to jail ?
There a veriscan app in the appstore that can detect fake veriscan pamp bars
you cam see the package colors difference
Can I buy the fake coin off you? Does anyone know where I can get fake coins?
I only use one seller on eBay for purchasing precious metals and that is MC*M (Modern Coin Mart). I haven't bought any gold from them yet, but I've got silver and it's authentic. I'm making silver nitrate with it to have specific reagents for future chemistry experiments.
honestly any REPUTABLE gold dealer on ebay us legit, MCM, APMEX, JM, Pinehurst just to name a few
Mo S That makes sense to me. eBay has so much buyer protection in place. Along with using PaPal it is really difficult to scam people. I have been ripped off on Amazon three times but never on eBay. I was honestly shocked to see all the videos about people getting scammed on eBay over something as high profile as precious metals.
Mo S take your gold out of the plastic, gold is gold no mater if ther are finger prints on it gold is gold, you pay for gram of gold not what it look like, gold is gold
Thanks for the video!!
⭐⭐
More important than saving a couple dollars and risking buying fake gold is building a relationship with your LCS. Investing your money back into your own community. And did I mention you won't receive a fake?
I agree, I mostly by from a numismatic dealer near home but when eBay has deals from reputable coin dealers such as APMEX. I don't mind saving a few bucks while using my credit card to maximize points. I've gotten gold 20$ below spot price before. It all goes back to my community but maybe not on a local level.
I guessed right. The edges of the real bar have a more dull appearance.
So I picked which one I thought was the real one …. and I was wrong 😞
Why do you still have it, Grant I haven't finished the video ,,, Maybe I should have waited.
Always buy from suisse gold limited from Switzerland guys they sell every Swiss bar plus they even store ur goods for up to a year free and after the year u can sell it back to them or take delivery the post all over the world and their usually 1% over spot
A big problem is the plastic packing. Serious gold dealers pay less if opened. If measuring weight, volume and electric resistivity - it's possible to reveal also golden core Tungsten, without damaging the bar. There is no possible way to make a fake bar with same density AND resistivity as pure solid gold. Electric resistivity is a measurement of how good a certain material conducts electrical current, and (if the density equals 19,3 gram/cm3) we only need to worry about 100% Tungsten. And the electic resistivity differs A LOT between Gold and Tungsten. (Tungsten with 25% Copper will fail a density test. Density and resistivity together separates Gold from Tungsten, but the package has to be broken. (Also hardness differs, but such a test will damage the specimen)
Check out the pamp bar that sold and marcari 3 days ago for $1000. Seems suspect..
what ended up happening with the bar were you able to return it and i wonder if the sellers knew what the had
just from his voice, I can tell he wanted to keep it- eBay is pretty easy on returns and provides return instructions/address. No reason not to return other than being spiteful for the hassle.
I have metal verification machines so I don't have a problem buying from anyone on ebay, but if I didn't I would only buy gold or silver from one of the major dealers on ebay (e.g. Apmex, MCM, etc.).
Can you verify through the plastic?
@@ultrabaron the blister pack/plastic adds no value. Gold is gold. Open it up, weigh it, do a specific gravity check on it, dimensional measurement check. You don't need machines. It can be done other ways.
Nacho Libr'e should have been your first indication.
What was the point if the guy didn't run off with your money? 🤔
Wow! Even a fake gold bar looks cool!
So the real weight 37 grams including the assay
I don't get why they don't just use real gold or silver. They still would make a lot of money because of the premium up charge for the name brand.
Wow, I wanna get into gold, but I wouldn't even know how to verify gold. :o Can a fake gold bar have the same weight and dimensions as a real one?
If it's solid, the same size and same weight, then it has to also be gold.
Bring gold bars to a store that sells gold, and have them test it. I found out the diamond in my ring was fake that way.
devaulter, Counterfeit bars can contain a tungsten, which has a specific gravity of nearly the same as gold.
(See information on the Internet.)
Why buy gold? Surely makes more sense to hold long term wealth in stocks?
It surely makes more sense to invest in a little bit in everything including stocks, bonds, bitcoin, and commodities such as gold. When the stock market takes a dump, gold always goes up, so its only smart to invest in everything. Never put all your eggs in one basket. Good luck
What metal will equal 31.01 grams? Not even lead has that
All metals can equal 31.01 grams, but that 31.01 grams won't have the same specific gravity and volume (that's why the fake bar in the video is thicker than the real one).
Tungsten
It's gotta be a Inside job someone making games at the factory
Naw if that was the case the Veriscan on the fake would match because they would have scanned the fake and created an entry.
Ty for info .........💪💪💪💪thats crazy
I am a noob but the right one looked to shiny.. Hard if you ain't got a real one to compare
Anyone know if the seller liberty coin on ebay is legit?
Legit
eyes opening video Thanks
Good job on spotting that it's a very good fake.
Personally I don't use eBay for gold. I do for silver sometimes as the money involved is much less.
Well half of my gold collection is from eBay. I save money by using credit card rewards like cash back. Nothing wrong with using reputable gold dealers like APMEX or BPM. I get prices below spot at times.
Oh i see that's fair enough. We don't have ebay bucks available in the UK which is a shame. I would buy gold from reputable dealers via ebay, I agree there's no risk in doing so. Personally I wouldn't buy gold from a non-dealer via ebay but you know what you're doing so good job.
I'm going to look into ebay more seriously for silver, I've heard good things about making offers
+Giant Jack for silver I highly recommend golddealer.com and for eBay bucks you cannot use them for bullion. I was referring to credit card cash back. Good luck
Bars are nice - I like them. However lately I've switched to buy only coins unless I get a good deal on something I know is genuine. The problem with bars and especially in assay cards is that lately with all those fake bars lately you run a high risk - unless buying from a reputable dealer (and even then accidents have happened). With bullion coins you have the possibility to to do various non destructive test on them like weight/size and pinging test. For pinging you can even get an app which will tell you if the resonant frequencies are the expected for that coin. If it passes all those tests you're sure if it's not genuine then at least a replica in the right material. For a bar and especially in assay card (which breaking it will lower the price dealers will give you when selling) it is much harder to verify authenticity. In an assay card a plated tungsten bar will easily pass as genuine in most cases. Sure bars ping too (not in assay card) but because of all those shapes - does it sound right? Of course not in a card you also do a specific gravity check but to get it accurate enough you need laboratory grade equipment. So for me it's coins from here and beside the price difference for the cheapest coins vs. the cheapest bars are just about non existent. They're also easier stored and managed - in Hartbergers f.ex.
HifiCentret Where can I buy fake gold bars
XRF machine works with bars in the cards. Only takes a minute to do.
If nobody buys from private who will buy your gold when you need to turn it back into money?
Even $20 below spot sounds fishy. You could list it at $20 OVER spot and it would sell within minutes. So why would a seller offer any discount?
I ALWAYS sell for under spot because I want the cash right then and don't want to wait till next few days or possibly weeks. There plentiful of real gold bars on EBay... I shop on eBay to get a DEAL so I think its right to give people a deal! Ill never go to any pawn shop, they feed off desperate good people. F #& that. Yes, don't buy from someone with 0 feedback or less than 100 ... Use your best judgement. EBay offers money back so I'm a fan.
I could tell by the tint of the gold. fake is brighter, shinier. The fake might be a tasty chocolate treat under the gold foil
I got two 1 ounce gold bars from the same bullion dealer and one is fake so test test test