Beware of Fake Bullion  RSS

Displaying 1 to 10 of 14

  • Don't Get Duped By Fake Minted Bars

    We’ve recently been informed about fake Kangaroo Minted Gold Bars being offered for sale in lookalike black plastic cards. We report cases like this to the Australian Federal Police and also to eBay with a request to have the offending items removed from sale.

    (Read more)
  • PHOTOS: Black market gold

    MINING.com receives numerous emails every week from around the world offering us good deals on anything from europium oxide to cold rolled steel, not to mention second-hand excavators or a discount on an Ulan Bator apartment for rent. (Read more)
  • China Finds $15 Billion of Loans Backed by Fake Gold Trades

    China’s chief auditor discovered 94.4 billion yuan ($15.2 billion) of loans backed by falsified gold transactions, adding to signs of possible fraud in commodities financing deals. (Read more)
  • Real Gold? Are You Sure? An Examination Of Modern Gold Counterfeiting

    Since gold costs almost a thousand times more than tungsten (ca. $ 40,000 per kg against about $ 50 per kg) you can understand that there is a lot of incentive for the second law to play a role, here: with a chance to cheat, someone will. (Read more)
  • Understand Gold coins, not become targets of scamsters: Goldcoin.net

    Kelly believes that careful research and due diligence could prevent many of these misinformed buyers from becoming targets of gold dealer scams. (Read more)
  • ETX man arrested for forging fake gold and silver

    A Longview Police Department investigation into counterfeit gold and silver coins and bullion bars resulted in the arrest of James Leroy Frattarola on October 4. Federal authorities have also been asked to assist in the investigation since... some of the items counterfeited were U.S. coins. (Read more)
  • Fake Silver Sold on Craiglist

    Daryl Casson thought he found a pretty good deal. Solid silver bullion at a price just below market value. So he met up with a man who had advertised the silver on Craigslist. The bars Casson bought were nothing more than ceramic plated with silver. They sold at 25 to 50 cents apiece. Casson paid $21.50 apiece for 100 of the bars. (Read more)
  • A new addition to testing - Electrical Conductivity Measurement

    In December 2013, we have added a new non-destructive testing instrument that measures the electrical conductivity of the bullion item. In this article, we explain why by measuring the electrical conductivity makes our testing methodology more reliable than ever. (Read more)
  • Gold Counterfeiting: German TV discovers 500g Tungsten bar from bank

    German TV station ProSieben finds what appears to be some evocative proof of gold counterfeiting, in the form of tungsten gold substitutes coming to the W.C.Heraeus foundry, which is the world's largest privately-owned precious metals refiner and fabricator, located in Hanau, Germany. (Read more)
  • MUST WATCH: How to Test Real Gold & Silver Eagles From Fakes

    The danger of spending hard-earned currency on purchasing counterfeit Gold & Silver Eagles is increasing substantially. The Chinese are now counterfeiting official coins of all the major mints in the world. It is no longer safe to think that if you purchase these smaller denomination coins that you will suffer less of a counterfeit threat than the larger bars. (Read more)