5+ Ways to Spot a FAKE vs REAL Gold Bar (PAMP Edition)

[@Jmitch767]

Moral of the story. Don’t buy gold off eBay

[@aliekatsmom]

I only buy from mints or my lcs

[@trojanhorse7897]

nightmare: unknown fake gold worst nightmare: knowing your gold is fake after 20 years of stacking.

[@nandocastiglione9742]

Still less fake than fiat

[@MyGoldNZ]

Buy only from authorised distributors with a track record and test after buying.

[@Hoopla-beats]

@@MyGoldNZ do u have any websites that u recommend purchasing the bars from?

[@MyGoldNZ]

@@Hoopla-beats yes our site, if you are local. 😊

[@Hoopla-beats]

@@MyGoldNZ damn unfortunately I’m in the US 😔

[@timschutte6924]

Seems that the thickness is one of the fastest and most visual ways to tell.

[@TheMrGREENRay]

4:00 looks like the only really great method for ALL ingots and coins. 4:43 is not bad too., but not like 4:00

[@franci4434]

there are tungsten fake bars out there they fool even a 30k xray machine plus the thickness is the same. honestly this one is very cheap and bad fake.

[@jhbostondot.2942]

In ancient times the king sought out Archimedes to determine if the crown was lead or gold. He put the crown in water to determine volume and used density and mass. This is an old problem getting ripped off.

[@Toob41]

Eureka! 😆

[@doogannash1970]

I use JM bullion. Their customer service is fantastic. They do charge a little higher premium than some others. But, I’ve never had an issue with a fake product.

[@MyGoldNZ]

Buy from reputable and authorised distributors only. 👍🏻

[@lucyyang3667]

Do you have a website?

[@mrmillmill]

Bgasc is owned by JM Bullion as well

[@ryanmrowka8970]

I bought 8 oz for 1680 an once and when gold hit 2000 last summer I sold 4 back to the same local coin shop I purchased them from. I made the profit and a few days later they called me and said 2 of them were fake. I had the receipt with pictures of the day I purchased them. The employee who bought them back basically threatened me physically and I made a deal with her to return the profit but not the principal I paid for the bars. Now I have 4 more bars that are questionable and lost a long time relationship with my local coin shop...what can I do

[@MyGoldNZ]

Wow! That's an awful situation. Perhaps report them to your local Police or other agency for selling counterfeit goods. Depending where you are, that could be quite a serious situation for your LCS.

[@minnieuhlmann9210]

but you bought from them? How did they sell the fake one at the first start?

[@IbrahimIbnkhas]

Take note! The fake bar on the left on backside at the very bottom says " Certificate Assayer" where as the real one says "Certified Assayer". The signatures on the fake isn't the same either but that signature I seen it on the 100g bar so not sure.

[@mattmichaels5195]

Notice the side by side comparison of the cards at 1:57. The fake on the left reads "Certificate Assayer" and the real on the right read" Certified Assayer".

[@paultaylor2611]

Also look at the Metal Weight ? the g is positioned differently.

[@RedShiftedDollar]

There is a magnet test that will work on these bars. Many people don’t know this but gold is diamagnet. This means it interacts with magnetic fields in the exact opposite way to common ferromagnetic materials. Both the north and the south poles of the magnet will REPEL real gold. The effect is very weak though so care must be taken if you want to observe it. Hang the gold from a long string and then slowly bring the magnet to it. You will see the gold is noticeably pushed away by a very tiny but noticeable amount.

[@MyGoldNZ]

We'd always recommend at least 2 separate kinds of testing methods as they can fool single methods.

[@RedShiftedDollar]

@@MyGoldNZ Two is not enough if you only use dimensions and weight. Tungsten fakes will pass. You need one more like acoustic ping, bite test for 24k, paramagnetic repulsion, or Eddy current drag. The first two require no tools. The second two are very simple and can be done with a strong magnet. Then visual inspection is always required if you want to catch real gold counterfeits. High grade gold alloy counterfeits like 22 or 23k can be tricky too.

[@graemewatson2296]

I'm a bit confused. How does this help you when buying via internet shopping, or did I miss the point somewhere?

[@petervossos4816]

No do not buy from the internet only buy from a reputable bullion company. Go there in person.

[@KyleStansfeld-zi6gc]

One thing that wasn’t mentioned. Not only the fake bar is thicker, but it’s also larger in size

[@intjustice8978]

Also just to mention if you buy gold buy from a reputable company/dealer. This also will insure you are not scammed.

[@colineyeball]

Question: I have 2 pamp one oz bars. In one package the bar shakes (from Costco) and the other bar doesn't move in the package (local coin dealer) at all. Does anyone know if its suppose to move or not?

[@pmacc3557]

Does the same go for silver? I assume if you buy from a reputable mint or bank that a cert should accompany? When selling, I also assume you don't allow buyer to take it out back of shop..ie not allow out of your sight?

[@MyGoldNZ]

Yes, this works for silver coins. Certificates can be easily faked so should not be relied upon.

[@rorynicholson8558]

I only purchase my Gold in person from a reputable dealer and never ever online. For me its just not worth the risk.

[@TheMrGREENRay]

It's more about future buyer of your ingot. Even if you return it to the same seller where you bought it. They will use this: 4:00. And it can affect the purchase price.

[@justlooking...2412]

I'm the opposite. I'll only buy my gold online from one of the major dealers. SD Bullion is my main place. I trust them more than I trust some guy in a shop. That guy in the shop is more likely to be fooled or make mistakes than SD Bullion. I've seen videos of these cheap machines test fake gold as real and real gold as fake. SD Bullion gets their gold from the mint and the mint gets their gold from the mines and it's tested many times with higher quality machines. Some old guy in a shop can easily have fake gold slip by and sell it on accident. And if you accidentally buy a fake gold piece, he will deny that he sold it to you. He will never own up to that type of mistake.

[@mathiaskanuck6759]

My gold dealer sells to Floyd Mayweather and Trax NYC. They've never done me wrong so far

[@thatchinaboi1]

Buying gold in person from a reputable dealer doesn't guarantee you won't get ripped off. You still need to know how to check for yourself. Appealing to the authority of others when you can just appeal to knowledge that you can easily learn yourself is a recipe for getting ripped off.

[@urbugnmetoday3183]

@@thatchinaboi1 if you deal with a reputable dealer , someone you trust, you know they are doing their due diligence…

[@robcodsall]

Very interesting video. I can't afford to buy much gold but when I do, I buy from the Royal Mint here in the UK - and hopefully I can be fairly confident they're trustworthy. I've never been to New Zealand, but hope to do so one day!

[@nadineleboeuf3046]

It also looks like the size of the image stamped onto the bar differs as well since one gets closer to the perimeter than the other.

[@veritasparadoxum6525]

I noticed that as well. I quickly checked mine to see if it matched the real one!

[@janofb]

@5:11 the 2 lines coming out of the ears are thicker on the fake coin. Saw that throughout the video. Huge tell.

[@christopherleubner6633]

Basic density tests combined wit XRF and Eddy Current and ultrasonic conductance tests will differentiate real vs fake. You can use XRF and eddy current tests right through the package. Eddy current is especially good since tungsten alloys are extremely resistive and gold is very conductive. A heavy plating will defeat XRF though.

[@MyGoldNZ]

Correct. Always use several methods to test. 👍🏻

[@bobcarter4763]

@@MyGoldNZ what if someone composed a lead alloy plated with gold with the same density as gold how would you be able to detect it? The ping test is just not definitive enough for me and as stated a heavy plate will defeat eddy current test.

[@busterbiloxi3833]

Right. My eddy current machine is right here on my desk.

[@bobmarley6161]

Only buy from a reputable dealer.. Very simple advice... And common sense

[@donh4750]

After discovering I bought 4 fake gold bars I invested in a Sigma Metalystics precious metal verifier. I use it every time I buy gold or silver. And I've figured out what to do with the fake stuff... Make a "bait safe". Once installed if I get broken into they can find that safe, break it open and steal the fake stuff.

[@LarsLarsen77]

A safe is outdated tech anyway. Ever since the angle grinder was invented, no safe can survive more than about 20 minutes. You're better off just finding a better hiding place to slow people down.

[@Heartadia]

@@LarsLarsen77 Soiled underwears.

[@ladybugroyal5264]

🤭🙃😁😆🤣😅😂😭💀🤘🤟👍✌️💨

[@G-host0069]

Don’t bury it, I’ll get my metal detector out

[@gblargg]

Even with a Sigma you have to unpackage the gold to check its weight and dimensions.

[@benward87]

Can you put a link to where to buy that smaller tester? Please and thank you

[@MyGoldNZ]

Sure, please contact us directly through our website for more details.

[@daddychill7776]

Good intel. That gold tester is neat. Where did you say i can get one? Thanks

[@MyGoldNZ]

Thanks! Yes, we sell the testing devices but we are not exporting to the US sorry.

[@busterbiloxi3833]

The Internet!

[@musabaloudat416]

God bless you and thank you very much. I was about to buy the same one from a guy off the facebook marketplace. So while i was waiting i just googled how to tell the difference and your video popped up when I watched it. Everything you said on the video checks, the thickness and the app so nice I told him it’s fake and he was like oh really how did you know he? He’s such a liar. The look on his face was funny though. Thanks again very much

[@MyGoldNZ]

Glad I could help

[@satyain6567]

Do you have product links for those kits? Please share

[@MyGoldNZ]

www.mygold.co.nz/buy/other/testing/

[@davidlanham99]

That's just great. I can see this becoming a bigger and bigger problem, too.

[@Islanderchillexpress]

I have 2 1oz credit suisse and dimensions are different? Is one of them fake?

[@MrTruckerf]

I think you already know the sad truth.

[@ianroettger3014]

VERY NICE VIDEO MY FRIEND!!! lots of good info on here. Gotta watch out for coun terfeit and fake gold bars. best thing is XRAY test like you got

[@MyGoldNZ]

XRF is only one test. You need to do multiple tests to confirm authenticity.

[@Almanac602]

Where did you get the small Gold Screen Box??

[@MyGoldNZ]

We sell this amazing product! mygold.co.nz

[@michalelovecraft999]

Where do I buy the hand held tool he used. I can't find it on the web site he said it was on. The bigger machines are extremely expensive BUT, so us buying fake gold and stacking it for years. That tool looks to be almost a "Must have" item if you want to buy gold online. I'm still new to all this, so I'm very open to suggestions if there's a better tool that likes the tool he used in the video but a little cheaper. Thank you for this video btw. Very informative 🤘😎✌️

[@MyGoldNZ]

Thanks. If you are in Asia-Pacific we are happy to sell you the testing device shown. Unfortunately we are unable to export to the USA at this time.

[@yuliusindhrakurniawan4118]

Very very educated video, could you inform us more detail related to the 2 tools that you use to know the quality of the gold without open the certicard package? Thank you.

[@MyGoldNZ]

Sure, the 'GoldScreenSensor' which we sell and we will be producing more testing videos soon.

[@yeseniaortiz5144]

⁠@@MyGoldNZhow much is the gold screen sensor?

[@nauy]

Biggest tell is the design of the figure on the fake bar. It's different from the one on the real bar. You can tell by comparing the figure on the fake bar to the figure on its own packaging, which still has the design of the real bar.

[@MyGoldNZ]

Then what as the fakes get so good the minting is comparable? That's why at least two methods are required to test gold. 👍🏻

[@HappyHermitt]

You would need a real one, same size/weight yo compare it with. Especially for someone just starting

[@harryukraine]

Yes, it's easy to spot and I'm just learning. about it.

[@abduramin2593]

Excellent video!!!! I learn alot about gold thank you!!!! I Enjoyed learning from your videos thank you for making them it is greatly appreciated!!!

[@En1337Rich]

link to purchase the gold tester? Ship to Canada?

[@MyGoldNZ]

We do not ship to Canada at this time sorry.

[@Sutterjack]

I understand counterfeiters will use tungsten as a core then put a coating of pure gold around the core - the weight of tungsten is very close to gold - will machines detect this?

[@MyGoldNZ]

Correct. This machine will detect most products with tungsten cores.

[@CatsMeowPaw]

I don't buy sealed gold bar any more. If I can't weigh it and test the dimensions, it stays on the shelf. The Chinese have become very good at making fake gold bars.

[@MrTruckerf]

They have made it an art form.

[@racay9082]

Thanks for the video very interesting.

[@bradley200711]

i'm interested in the gold screen box but i cannot find it on the website. Are they still offered? I live in the US.

[@xdrazormon454]

Which website do you recommend to buy real gold?

[@MyGoldNZ]

Our website.

[@TheMrGREENRay]

huge bank

[@bigtxbullion]

I couldn't imagine being a collector without some type of scanner. Sigma... anything. Even If u only buy from reputable dealers it can still happen (although much less likely). I have a dealer nearby that doesnt check everything I sell him. Makes me want to buy less from him! Why risk it

[@MyGoldNZ]

💯 Only buy from authorized distributors that have supply provenance (chain of supply directly from the mints).

[@SingularPanda4]

Does Apmex sell genuine Pamp bars?

[@mokamokaseed6331]

Only the app is for Apple store? Will you have one for android?

[@AAKARDEVX]

Hi where can I find the testing machines. Are they portable? Please share machine names specs

[@MyGoldNZ]

Via our website: www.mygold.co.nz/buy/other/testing/

[@paperwormscat9760]

Also, the Lady on the fake bar had a complete different profile. That was the first thing I noticed.

[@exp3905]

Nice man. I just scanned my 10 grams and it passed! Do I still need to take it to gold store to test it? Or the scanner is enough?

[@rehanrafiqi1546]

Which App is for scanning the gold bars? Can you plz mention the name

[@exp3905]

@@rehanrafiqi1546 VERISCAN

[@rehanrafiqi1546]

@@exp3905 thanks I did But it shows unauthentic, and it says the bar is not registered with VERISCAN 🤔

[@khajagold]

hai

[@9mmshort254]

@@khajagold hi

[@SILVERSTREAK925]

Great info.

[@MyGoldNZ]

Glad it was helpful!

[@tgreen3198]

Ebay is absolutely full of these, it's also full of fake Silver Bars. You would think they would get a grip of it.

[@MyGoldNZ]

💯 Only buy from authorized distributors that have supply provenance (chain of supply directly from the mints).

[@lutmingtsoi8460]

Thanks for your sharing.❤

[@lancemillward2462]

ive got a lot of melted gold jewellery. likely (hopefully) all 9ct. maybe 90 grams or so. you would be able to tell me from your fancy machine the carat wouldnt you? Im also in Auckland

[@MyGoldNZ]

Nope. You'd need an XRF for that. Why is it melted and are you selling?

[@HifiCentret]

And that's the reason I've switched to coins. There's so many non destructive ways to test them (not being in card etc.) that making a fake coin pass all tests the only way to make it is to make a 100% replica - which for bullion is nowhere near as bad as a non precious coin - neither is very common either as there's no business in it for counterfeiters although in history there has been states copying bullion coins in order to sell their embargoed gold. Tungsten Krugerrand you say! Well... It can't even pass the ping test so while weight and diameter can certainly be correct it's easily identified as fake. There's one benefit over bars though and that is most of them have serial numbers where as coins do not. Whether you like that or not is ofcourse dependent on personal belief as well as where in the world you are as some countries have bad tendencies. Here round "bars" or just serialized coins could be a nice if such is made - I mean even banknotes have serial numbers. Also in the case of theft the stolen goods is easily registered in the theft register - nobody looks up unserialized coins - nor does it seldom give meaningful results. Sur metal can be melted but it's something you need to get the equipment for and if selling much melted presious metals then you might as well attract unwanted attention.

[@PemadamGergasi]

Can you explain how to test 24k and 22k gold

[@petervossos4816]

I want to buy a thorough one time machine to check on small and big bars any suggestions?

[@ArcaneIsles101]

Excellent work!

[@KjamLXX8]

Every little bit of info helps.

[@fezfraggle]

I noticed something on the printing that also was different to the real packaging. The ® symbol (registered) was in a thicker font on the fakes.

[@pauls5096]

Good eye.

[@UTArch1]

So, what if you don't have a "genuine" product to compare it with side by side.

[@rajbalar9207]

Any idea about gold coins sold at MMTC PAMP?..Pl advice

[@staceyanderson2341]

Where can I buy the Gold Screen box in the U.S.?

[@gerry5712]

XRF (X-ray fluorescence) is an excellent tool as it does elemental analysis telling you exactly what the imposition is. at least on or near the surface. From what I've seen the equipment is cost-prohibitive for the average person (In the $20,000 range) and the user / owner may need special licensing / certification as it is an X-ray (ionizing radiation) source. Checking dimensions to estimate density is a simple check but the counterfeiters will use tungsten which has the same density of gold to cheat this. The electrical testers (such as Metalytics) check the conductivity of the sample; these are much more affordable (several hundred dollars) and can measure deep into a sample.

[@christopherleubner6633]

Yup XRF units are spendy but you can get used ones and fix them up. Older ones use nuclear sources like radioactive cadmium in them that needs periodic replacement. Newer ones use a mini x ray tube and a filter that cuts out the low energy band of x rays. They do have one major flaw though, they only scan skin deep. A while back i had a crapton of gold plated laser diode mounting blanks and the xrf said it was Au 96% and Si 4% which was only accurate for the top plating. In reality it had Cu65/W35 for the mount, a Ni layer a Cu layer an Ag20/Au80 layer and the final Au/Si layer. 🤓

[@rsk51569]

where can I purchase the gold screen box tester? Thx!!!

[@MyGoldNZ]

If you are in Australasia, please contact us directly via our website.

[@barryshaw5660]

Very informative appreciated

[@MyGoldNZ]

Glad it was helpful!

[@UKinQ8Gaming]

Wow thanks for this!

[@MyGoldNZ]

No problem!

[@jayjay-xk1zn]

Wasn't thinking about buying a gold bar but its good to know.

[@kenwatson4890]

Hi Rich Could I buy from you as I live in Scotland?

[@MyGoldNZ]

Please contact us via our website for more information.

[@crissyoi]

How to avoid these things when you're purchasing online though? Just ONLY buy from reputable dealers?

[@MyGoldNZ]

That's a good start, yes. Supply chain matters 👍🏻

[@meuls82]

Thank you for this video! I've ALWAYS wanted some PAMP gold bars since I saw them on Ebay, but I didn't want to chance it being a fake. With that said, I'll got to a reputable dealer so that I KNOW it's real!

[@MyGoldNZ]

Good man! 🙌🏻

[@ryanmrowka8970]

Always negotiate a price for a buy back at the time of purchase

[@72markmiester]

Awesome. Thank you for the info. I appreciate it. I’m going to buy the first machine. That’s pretty good.

[@SandyChan0130]

May I know what the different between PAMP suisse lady fortuna gold bar and PAMP suisse gold cast bar? Why their price is different?

[@bitcoinhalving5285]

different premiums for bars with design, regular bullion bars have lower premiums

[@melmjetset1876]

I appreciate this well done video. Thanks for saving me $ on my future purchases.

[@MyGoldNZ]

Very welcome!

[@onurolgun221]

How do you write shapes and text?

[@jameschapman7996]

Also on the package the dot after lamp is larger the the dot on the real bar also the D on the signature on back is different

[@vilectro]

I focused on the thickness of the bar and I spotted right on that 2 bars were fake as you showed :D nevertheless thanks for good tips

[@Greencloud8]

Can the magnet test do the work or you need more proof

[@MyGoldNZ]

Copper and tungsten are non-magnetic so that won't be very helpful.

[@otron805]

can we use magnet to spot fake gold ?

[@MyGoldNZ]

It's one way, but copper is non-magnetic so always use more than 1 testing method. 👍🏻

[@zhofreecaballes7091]

hi do you have a branch in the Philippines?

[@MyGoldNZ]

No, sorry.

[@Nystromj1]

It pays to buy your metals from reputable bullion companies. There are 3 here in the U.S. that I trust. I would never, ever buy precious metals from E-bay, or any other unknown site or from a dealer I have no knowledge of!

[@MyGoldNZ]

Agree. Buy from authorized distributors only.

[@harryukraine]

Is the design on the real one always the same? It's easy to spot then

[@diegorz5612]

Which is the correct dimension of the bar?

[@joe83anania]

Where to Buy?

[@MyGoldNZ]

If you are in Asia Pacific, please contact us via our website.

[@stargazer7644]

And what good is any of this after you've bought it? It's not like you get to test it before you buy it online.

[@MyGoldNZ]

That's a good reason not to buy gold online from traders you don't know or trust! 😅

[@ferebeefamily]

Thank you for the information.

[@nidasfilms]

I bought one PAMP and after 8 months I watched Tik Tok video teach us how to get the certificate for gold bars. I test it found it fake. I contacted the jeweller, now I keep contacted him but he does not agree with me. does any one can help me what to do?

[@rodrigorodriguez2299]

Take the L like a man. Or be a rat and sell it to someone dumber then you

[@anirbanbar4750]

does the machines work on jewelries too ??

[@nolongeramused8135]

Reminds me of when I became an expert on counterfeit Montblanc pens after I got ripped off.

[@markderlo212]

nice material, thanks; but what is the approx cost of those testers?

[@MrTruckerf]

I googled them and......they ain't cheap.

[@garyfrancis6193]

I think the ones with chocolate inside are fakes.

[@MyGoldNZ]

🍫🍫

[@lucyrodriguez3145]

Excellence I would have never known

[@tonybonesLD]

Buy them from your trusted local coin shops and you’ll never have to worry about getting a fake because they check them before they buy them. Remember the keyword here. Trusted.

[@ylee12]

Do they ship GoldScreenSensor to US?

[@MyGoldNZ]

No, we do not sorry.

[@stryderhiryu8]

Can you do please Degussa Edition Fake Vs. Real?

[@ramilparedes9930]

Informative

[@syedatiqe]

Thanks

[@Zerpentsa6598]

Buy from a reputable dealer instead of someone on eBay. Would you buy a Rolex from someone in a railway station? Here's a common line they use: "I have to get to XYZ, but I lost my wallet. But I have this Rolex and it's worth $2,000. But I'm desperate so you can have it for $500 cash. It's a bargain....". Turned out to be worth $50.

[@MyGoldNZ]

💯 Only buy from authorized distributors that have supply provenance (chain of supply directly from the mints).

[@rlkinnard]

What about weighing the bar and the displaced water; it worked for Archimedes.

[@MyGoldNZ]

Yes, but these bars are in packets. The density of tungsten is quite close to that of gold as well.

[@markm.9458]

Oh crap. I just sold my house for 20 gold bars. Dang it. Third time I've done it.

[@Gollammeister]

Is there a silver stream box for checking silver coins bars etc

[@KingZone007]

I want to buy a fake same bar tell me where i can get one same copy

[@Skandalos]

I just watched a fake 1oz Perth Mint gold bar being sold on the German ebay. It was clearly recognizable because the vendor had posted photos that showed the thickness of the bar. I tried to warn ebay via community forum, they told me to look at it but they didnt do anything and the bar sold for about 2000€. The private vendor had even put in a somewhat hidden disclaimer that he did not know if the bar was genuine. I guess the buyers never read the whole ad text. In a way it serves them right but I cant understand ebays policy here.

[@MyGoldNZ]

A good tungsten fake will be the same or very similar dimensions. Always use more than 1 method for testing gold.

[@Chaos_God_of_Fate]

There's more fine details on the fake bar, which seems really strange to me- maybe so that the assumption that the detailed one must be the real one traps more people

[@lucyyang3667]

Do you know where can buy real gold in London?

[@nonokoo3313]

Can I please ask about the app is it free or not on store ?

[@WeedenRoberts-wp9qw]

I do buy online but ONLY from reputable dealers. I refuse to buy on e-bay, Facebook marketplace, so on. To many fakes.