Fake Silver Bullion: Video

Fake Silver Bullion

Fake Silver Bullion

Beware of Fake Silver Bullion

In this video we see some fake silver bullion a purchaser spent about $80 USD to buy. All of us who purchase precious metals are looking for an enduring, safe store of values. One of the most important things when purchasing precious metals is only deal with reputable dealers who you trust and who have a good customer record. It’s no sense in saving a few percent and getting a “buy” on silver that later turns out to be fake. Counterfeiters are getting more sophisticated and the counterfeit copies are often getting harder to detect. Simple tests like visual, magnet, sound, etc that were used in the past to identify fake coins and separate them from the genuine coins often don’t work today. So please ask the dealer you are buying your bullion from what tests he employs to insure your coins are genuine and what his return policy is it the coins he sells to you prove to be fake. Most reputable dealers will stand behind their products.

In this video the purchaser ordered 3 Scottsdale silver bullion bars. He spent about $80 USD on what he thought was a good deal. Luckily he was alerted by another precious metals purchaser that there were a lot of fake bars available on ebay so he tested them right away. How many purchasers just received their order and locked their bullion away and will only find out in the future that they purchased fake bullion. By that time the seller will probably be long gone. Hopefully ebay policies will allow him to get a refund. I wish him well but I would not put my trust and money in the hands of a seller who this purchaser now feels probably knew they were fake.

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23 thoughts on “Fake Silver Bullion: Video”

  1. NOTAPOLITECANADIAN

    That sucks! Shit like this makes me mad. at least your getting your money
    back. I would hold your gold man. just my 2 cents ;)

  2. That stinks, but I’m very glad that you figured it out in time to get your
    money back. Maybe you should send the fakes to the illustrious
    CyberCurtainTwitcher for proper examination ;)

  3. I have bought over $10,000 in silver on ebay and now I am really scare
    because I never text any of the items that I have purchased.Most of them I
    bought from ebay but from scottsdale a dealer on ebay.I checked his web
    side and seems like they are legit.

  4. AlmostCirculated

    That stinks…. eBay should investigate these sellers that are ripping
    people off… Chances are that seller will continue to rip people off, and
    those 2 (still nice looking) bars will probably end up in the hands of
    another stacker… Scratch them before sending them back… Cost the
    scammer a buck he probably paid for that bar.

  5. Closet Stacker

    Oh, your a good man 🙂
    Not magnetic and they are almost most stop on weight. They are extremely
    good clad bars.
    Which is defiantly a shame! 

  6. First off isnt it illegal to copy a companies product like that? I say
    report that guy to the police! Second did you ever try a ping test? I dont
    think you can fake a sound but i think the sound of silver is unique. Not
    to sure though. Also was the weight right on these cause that would be
    pretty impressive. Go after his ass man put this scumbag away!

  7. CyberCurtainTwitcher

    Looks like the seller watched your video judging by the thumbs down!
    I try to keep silver stackers worldwide up to date on what fakes are
    currently circulating. There are many YT videos on how to test your silver,
    including my own.
    Keep yourself informed & stay safe.
    PM me with the sellers details so i can keep an eye on them!

  8. Silver Slacker

    Wow that sucks, well at least you figured it out. Hopefully you are able
    to get your money back.

  9. yep, here in the usa……I ,bought two bars only for full spot price. just
    got them today 10/22/2014 from ebay.then I opened the package weighed them
    because my fake alarm went off in my head as soon as I felt them. it was
    like there were bad vibes coming off the bars themselves. so after weighing
    them one bar weighed 30.9 grams and the other was 31.6 grams almost a hlf
    gram difference. then my alarm went off really loudly fake fake fake !!!
    siren blasting fake!. so I called the local silver and gold buyer here in
    town and asked if he would test them free of charge. yep ,sure come on
    down. so I got into my truck drove to the shop and sat down as he whipped
    out his testing kit and did a scratch test first, then I said if its fake
    put the acid directly on the bars so there is no doubt……dang? as soon
    as he put the drop of acid on the bar it burned the silver coating off in
    less than 10 seconds. they were both some kind of bronze,copper,zinc. so
    now I have filed a claim with ebay against the seller who may or may not
    have also been taken by some other scummy dealer. so as they say don’t buy
    any silver unless it is from a minting company even on ebay or anywhere and
    then still test every piece of silver you buy… the same day you get
    it………so there is no doubt its fake and then get a
    refund………..check your silver-weigh it ,acid test it,even use a micro
    drill bit if necessary and test the drill shavings…..they the
    counterfeiters are getting almost as good as the mint itself at faking
    these bars. I never thought I would buy any fakes off ebay or anyone else.
    but? I guess we live and learn..

  10. First off isnt it illegal to copy a companies product like that? I say
    report that guy to the police! Second did you ever try a ping test? I dont
    think you can fake a sound but i think the sound of silver is unique. Not
    to sure though. Also was the weight right on these cause that would be
    pretty impressive. Go after his ass man put this scumbag away!

  11. Total shitbags!
    It was once a hanging offence to counterfeit currency in the UK, not sure
    that bullion counts though sadly. What little bullion I buy I always source
    from established bullion dealers rather than ebay. I only buy my junk
    through ebay as it mostly OK but there are a few duds that come along even
    there so you need to keep an eye out. Glad to hear you got refunded.

  12. When you use a magnet to test, it’s not just a matter of whether or not the
    magnet sticks. Real silver when held at a 45 degree angle will ‘sort of ‘
    attract the magnet…meaning the magnet will slide down the bar slowly. A
    bar made of brass or lead or whatever, the magnet will slide very quickly
    down the bar. Great vid, keep up the stacking! Hey if you are interested,
    join our group ‘Silverbugs’ on facebook.

  13. Thats why all but my orders from ebay have only been from APMEX, MCM and
    Scottsdale’s only true store.

  14. Wow man,good catch , business is founded on trust , dishonest people make
    it really hard to do business , hopefully this video will wake people up to
    what can happen

  15. Silver Smith London

    Uggh i’ve seen those, avoid them when they come in those clear glass
    “squared off” capsules. 

  16. Silver Smith London

    Uggh i’ve seen those, avoid them when they come in those clear glass
    “squared off” capsules. 

  17. FLExteriorCleaning

    Feel free to sell on ebay, but you really shouldn’t be buying second hand
    bullion. Its better to just get low premium new stuff through the major
    dealers that get direct mint shipments. Just my thoughts.

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