Gold Bars in ASSAY - Be Very Careful

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Information Gold Bars in ASSAY - Be Very Careful

Title	:	Gold Bars in ASSAY - Be Very Careful
Lasting	:	12.01
Date of publication	:
Views	:	228 rb

I recently purchased a one-ounce bar from an online precious metal dealer that prides itself on being very low priced They had a sale on a brand of bars and I purchased one The bar turned out to have a prominent defect on it When I contacted the dealer, they acted like this was normal Long story somewhat short, there was no resolution to this and I will never purchase anything from them again But buying the defective bar led me to go to a local coin dealer (to ask what could have caused the peculiar defect) and he gave me an education on bars For one thing, he said that the Chinese have made some kind of spray that they put on the bars they produce so that anyone who tries to test them can't tell that they are fake No more bars for me, only coins Thank goodness I only have a few bars (but they are from a more reliable and trustworthy dealer than the one I bought this bar from)
Comment from : E S

As soon you said that gold value decreases when you take it out of its package, I just stop watching the video because one of the first things you said was 🐂💩
Comment from : Dicey Organic

If You have a Local Bullion Dealer I would suggest You buy Your Gold Bars and Coins there I Don't buy Pretty Coins because they have Higher Premiums and You will NOT get any more for them when You go to sell them
Comment from : michael James

Canadian
Comment from : UP dan

I like pure gold bars
Comment from : Twinsen Lin

Buy Platinium, there is no "feasible" way to fake it
Comment from : Copperhead

Me as a "individual" not a dealer I rather have a gold bar than a coin because of the "switcheroo aspect"that can't be proven with a coin
Comment from : Noname Anon

Great advice I agree stick with gold that can be more recognized
Comment from : GoldBearBunny

Try benchmark ,they sell gold fractional of the benchmark name
Comment from : william s ritter

All PMS I purchase I use may Earth Magnet
Comment from : Calvin Cooper

I have tried to bend a 1oz bar from Argo and Valcambi To my surprise It’s not easy to bend it by using fingers I even put it in between the door frame and door and it took quite a bit of force to bend it I got it from SD Bullion, so I don’t think they sells fake gold plated tungsten bars Anyone has any different experience with trying to bend it?
Comment from : yf222000

Good presentation Trust no one, test everything
Comment from : Patricia Annelise Damrow-Register

Just buy from apmex
Comment from : SnifferRiffle

For thousands of years people have traded gold bars but now The internet has made some gullible people scared of them lol
Comment from : bdegrds

Coins have widely published sizes and weights Much easier to verify a coin without any expensive machines Simple home tests can verify a coin with 99999 assurance
Comment from : James

Most gold bars on eBay are fake I would never buy bars, they are too difficult proving they are not counterfeit Stick to coins!!! People don’t trust bars
Comment from : James

Does the value really go down though? JMBullion pays the same for generic 1 oz gold in any condition Which is basically spot brbrI always cut mine out of the cards
Comment from : D K

YOU SHOULD DEF RUN A MEASUREMENT MACHINE AT FULL BATTERY THOU WHY IS THE BATTERY INDICATOR FLASHING? caplock oops/
Comment from : Murdaklez

Have you ever gotten fakes from reputable bullion dealers Like SD or APMEX
Comment from : guy joslin

How much does this bar weigh without the card? That's the true test It's possible to make a copper bar with the same dimensions as a full gold bar BUT, the bar will weigh less than an ounce You simply don't know how much the bar weighs: you're just guessing I don't think this bar is legit The XRF tester can only penetrate a few atoms down into the gold layerbrI think it's a gold-plated tungsten bar, due to the thinness Cut it out of the worthless card and you'll find out for sure
Comment from : jeffw1267

buy from trusted source- problem solve I see people make some shady purchases to save a dollar
Comment from : Zipper Adventures

Just cut it in half and taste it, or simply don’t take a chance buying bars
Comment from : monkeybutttt1

I have a few bars in these but i got them right from the national bank in Canada They are 100 real
Comment from : David Coleman

gravity test give you best result !!!
Comment from : ueg1974

The companies could put the weight of the packaging on the package separately brWith the total gross weight of gold and package
Comment from : darren collings

Thank you for the video It's very eye-opening I have some questions What about cast gold bars? Are they easy to sell?
Comment from : Lauren Sargent

i wanna touch my gold stack it the plastic takes away from that i wanna lick it touch it smell it
Comment from : Defimaster

i persoallynsell fake gold assgold to get real gold;; small margins dont judge me stupidity deserves to get rippppppppppp lolol kl jk or am i
Comment from : Defimaster

This is why I only buy from big name bullion dealers Yeah a little more expensive but you know it's legitimate
Comment from : Richard Sanchez

Great video, very informative! Thank you for this!
Comment from : Andrew Burton

Why is there such a wide margin of error when measuring the size of it on that Sigma machine?
Comment from : Das Fahrer

This is why I bought a scanner
Comment from : luke S

Lol I literally have 10 of that exact same bar and I got them for $20/each cause they fakebrbrYou don't have gold there bud, you have coated tungsten
Comment from : Jessica Stevens

Here in India, I buy straight from the mint MMTC-PAMP They have cast bars aswell Quite some premium though
Comment from : SoulOfMusic

buy the cheep stuff
Comment from : Tommy Sands

Tungsten will break
Comment from : Slick Silver

Can one get the Tare Weight from a same thickness of plastic cut to the same dimensions? Get the plastic thickness from where there's only printing and divide by two? That can also be used as a Tare for measuring the thickness in the plastic
Comment from : Gregg Weber

In Canada, I would likely only buy from the Canadian Mint Good place for coins and the like, if looking for NEW ones
Comment from : MagnusKwegar

The GLD on the New York Stock Exchange is real and can be bought and sold by pressing a button
Comment from : PhantomOfManyTopics

Along time ago a guy named silverbaggins showed me this 🤑
Comment from : silver watcher

Seriously, why are you running footage for a video with "battery low"? Why???
Comment from : Nicholas Gad

if anything avoid perth mint bars one of the most faked gold bars there is
Comment from : K Z

dragons are always great
Comment from : TeD van Loon

Stay scientific, Jerry
Comment from : SUPPORT UKRAINE

Total waste of time…you didnt help at all
Comment from : J Aiellos Garage

very enlighting demostration
Comment from : Dario Diez

Its fakes that turn me off investing in gold Otherwise id rather have gold bars than fake money
Comment from : Chuan Yong

After living in the Philippines for the last 12 years there us 1 thing I have learned, NEVER EVER TRUST any1 from those countries EVERYTHING is counterfeited IF there is that much doubt throw it out OR dont do it
Comment from : pacificnwgroup2

If you buy Chinese gold, you are an absolute moron Unless you buy from a proper national mint, the same applies If you think you are getting a steal, you are the one being robbed The chinese fully follow PT Barnums logic, theres a sucker born every minute Such are the wages of greed
Comment from : JasonB

I duck with Perth mint stuff All the specs are on the website and they are here in Australia so shipping is easier for me plus their product is just way better
Comment from : Herbert von Sauerkraut

Can you tell which is fake… US gold coins are purchased because making or selling a fake one is a felony
Comment from : That Guy

Acid test most accurate or cut half Anything less than 9999 (24K) is false or scam bar
Comment from : Wendy Shoo Wai Ching

There's probably tungsten rods inside that bar, that's a common trick they do in Chinese black market They hollow out the bar and put tungsten rods inside
Comment from : Geiger Tec

What if I buy this at sd bullion, is it safe and real?
Comment from : Shadow Jago

Send it to professional grading service that certifies it, and preserves it
Comment from : uhadme

Fakery is rampant these days Mostly from China and India
Comment from : Full Potato Jacket

I reading story that the USA sent gold to China When they tested it, Tungsten Has anyone tested gold American eagles? I don’t even trust them as all governments lie
Comment from : Eric Welch

Correction! The most definitive test is a pair of cheap Stanly tin snips for under $10 commonly sold at the Home Feak Show!
Comment from : Sigmund Freud

I guarantee ya when you sell your gold bar it'll be spot or lower Assay away I say
Comment from : infringinator

I live in Perth going to the mint is awesome
Comment from : Sky Valley

I like them However, pawnshops are out Only reputable gold dealers Should be numbered
Comment from : L

I've been telling people for years to stay away from bars for this reason Coins are so much easier to test due to being "raw" and having published specs I even have a Sigma Verifier Only exception is if you live in Asia where they have a strong bias to bars And i always preach that you should not buy "what you like" But instead buy "what your future buyers will likely like"
Comment from : E Squared

Now a lot of fakes are even being sold in Dubaigold festival also
Comment from : khiljishikari

These are all Chinese fakes sold all over the world to cheat the world
Comment from : khiljishikari

Am I the only one who got annoyed at the low battery indicator on the second machine?
Comment from : chillylizerd

To test for a copper core, hold bar on an angle, and let your magnet roll down it If the magnet goes slow, it's because of copper causing induction
Comment from : Glenn Boyd

I’m looking forward to the updated video
Comment from : JP Smith

An XRF can absolutely penetrate into a material I work in the mining industry we use XRF extensively We expect up to 10mm of penetration into a rock sample
Comment from : AlexDRockhound

I bought come assay bars recently because they were the lowest premium
Comment from : Bonkers Dave

All of this Chine 'gold' is going to be very dubious, buyer beware
Comment from : Ghjgbnhjj Ghjthknvf

moral of the story dont buy gold from China
Comment from : Mr DooM

Do you really think the ones keeping the gold price low are going to sell GOLD to you NOT
Comment from : AG WRAITH4

ur gold bar don't have serial numberits a fake
Comment from : solidsnake666

The assay cards are a con, the cards do nothing but raise the price when purchasing and lower the value when selling
Comment from : bruce taylor

They don’t want you to open it because it’s fakeif it’s real gold by taking it out the packaging it won’t devalue it it’s all ways the price of the value of gold at that time
Comment from : Roy Pateman

Where are you buying these Assays? Does buying from the higher premium companies, like APMEX, ensure you are getting true products?
Comment from : Ralph Emerson

I have real gold in my back yard Moved to Sierra Leone as we got stuck here now living the dream free gold only pay the the workers some rice and stuff Living here is 1 buck a day Gold diamonds and more
Comment from : Ian Jaeger

its probably fake you didn't buy it from a real mint and it doesn't have a hallmark,, open the plastic trash and test it properly
Comment from : Lord Henry

Never NEVER buy bars period US gold coins only Don't be a dope
Comment from : M T

Ive been doing acre gold, i received my first bars and it seems cool, what so you think? I'll check ur passed vids
Comment from : ironprice

Great video, thank you for the information If I were in your position, though, I think I'd go ahead and sell it myself rather than passing it onto my kids Since you know all of the things to prove it is gold now, you have a better chance of getting a fair return on it If you pass it down, what if they need/or want to sell it, but you're not able to share that info with them for whatever reason? They may end up getting undercut for it Better that you sell it to ensure you're getting the most out of it It's a beautiful bar, but I personally wouldn't trust my kids with it But anyway that's just my take on it Very informative, thanks again
Comment from : knucklesatx

You know if its possible to test 96,5 purity on the sigma pro? Cause i trade gold bars from Thailand, - 23k is the norm here Cant find any information on it
Comment from : Mikael Henriksen