Fake Half Sovereigns Sold by One of the UK's Leading Bullion Dealers

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Chards Coin and Bullion Dealer

Chards Coin and Bullion Dealer

Күн бұрын

Пікірлер: 176
@Chard1964Ltd
@Chard1964Ltd 2 ай бұрын
We appreciate all the comments. One common theme today is "Name the Dealer". For deeper discussions, sharing of opinions and knowledge, it is worth looking at "The Silver Forum", including the topic/thread with the title "Fake Half Sovereigns Sold by One of the UK's Leading Bullion Dealers, which we have linked in the description of this video.
@mattt4309
@mattt4309 2 ай бұрын
If you're not saying who was it the video is pointless.
@Jack_Warner
@Jack_Warner 2 ай бұрын
It's click bait. Thanks for the warning, as I stopped watching.
@ViperBullion111
@ViperBullion111 2 ай бұрын
I doubt a company will verbally say who it is on their official profile. I think it's more to say that chards know what they're talking about, whilst others don't, especially if they've let these coins into circulation.
@sang3Eta
@sang3Eta 2 ай бұрын
He only has the "here say" of the customer. UK has very strict lible laws so you have to be able to prove what you say.
@peterwilliams6188
@peterwilliams6188 2 ай бұрын
I agree
@doughill1945
@doughill1945 2 ай бұрын
I do not thinks it is pointless if it raises awareness. Caveat Emptor.
@rfnrgj
@rfnrgj 2 ай бұрын
You should really expose the dealer..it will keep the trade honest and protect the customers.
@wholebitcoiner2574
@wholebitcoiner2574 2 ай бұрын
Fully agree. Bad actor for not calling out bad actors. Would never buy from Chards as a result.
@haydnmclennan4739
@haydnmclennan4739 2 ай бұрын
As he said, he has no proof on which dealer it was
@J2897Tutorials
@J2897Tutorials 2 ай бұрын
@@wholebitcoiner2574 You obviously know nothing about UK law. He can't name them, legally, because, if it turns out that the customer was lying, or accidentally gave the name of the wrong dealer, it's not the customer who will get sued for discrediting the company via KZbin.
@rfnrgj
@rfnrgj 2 ай бұрын
@@J2897Tutorials I know enough to know it doesn't represent UK citizens!
@Chard1964Ltd
@Chard1964Ltd 2 ай бұрын
We appreciate all the comments. One common theme today is "Name the Dealer". For deeper discussions, sharing of opinions and knowledge, it is worth looking at "The Silver Forum", including the topic/thread with the title "Fake Half Sovereigns Sold by One of the UK's Leading Bullion Dealers, which we have linked in the description of this video.
@garrycroft4215
@garrycroft4215 2 ай бұрын
When I was working in Saudi Arabia 1979-1980 21kt Sovereigns & Half Sovereigns were everywhere. Used for trading because no one wanted the local currency back then. They also had their own 22kt 8 gram not 7.98g coin all dated 1950
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
They were probably Saudi guineas, dated 1370 in their system, equivalent to 1950 to 1951.
@busterbiloxi3833
@busterbiloxi3833 2 ай бұрын
His working-class accent is very honest and likable.
@MrDryfield
@MrDryfield 2 ай бұрын
People having a pop at Chards for not naming the dealer, well think on this, Chards only have the word of the customer that they bought them from xyz company, they could be mistaken or even trying to make mischief. Naming the alleged dealer without specific proof, i.e. Chards themselves directly ordered from said dealer and had them verified independently would leave them open for legal action. The coins shown weren't exactly difficult to spot even for an average Joe, although it would have been good to know the weight and dimensions to see if they checked out as most people can at least do that at home without fancy testing machines. At least people can now be aware to check coins they purchase even from main dealers.
@XYZ-ef3mo
@XYZ-ef3mo Ай бұрын
The issue I have with this video is its cynical marketing for Chards. The message, "Buy from Chards or you may get screwed". If the subject had been presented in a different way, for example, "Be careful to check for fakes when buying". Fine. But the presentation is cynical and designed to scare buyers from purchasing from other main dealers. When I looked at investing in gold I was amazed by how many wide boys there were. Rob Moore interviewed the owner of The Pure Gold Company who made comments about finance I know to be incorrect. It was basically a 1 hour advert for gold. I have a lack of trust in this market. Following my initial small £25k investment in gold I'll stick with ETF's like Vanguard's VWRP and VUAG which have returned 34.2% this year. And no huge spread fees! Don't get me started on silver where unless vaulted outside the EU or run through a LTD company you have to cover 20% vat + 5% inflation + lost opportunity cost of sticking money in saving or ETF - 30 -64% this year.
@user-yd9ez4zg2u
@user-yd9ez4zg2u 2 ай бұрын
Hello from Paul and Jane Isle of Man customers for over 3 years with Chards. Brilliant company to deal with 💯 genuine.
@davidmcxx
@davidmcxx 2 ай бұрын
Exposing the dealer without sound evidence means a lawsuit against Chards and payment for defamation of competitor. Stop this nonsense. Chards is my only dealer, never had any issues with them.
@DerekWalsh-l4i
@DerekWalsh-l4i 2 ай бұрын
I suppose one could say that the two coins, because they carried the Arabic mark, were actually marked as fake from the beginning; and should have been a warning to anyone being offered them. But it certainly does not excuse them being sent out as genuine by a top dealer. And the wrong King for the year is just laughable. One wonders how or why the buyer accepted them at all. Thank you for your insights, and for keeping all of us on our toes.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I completely agree with you. I assume that private customers often simply trust and rely on the supposed eminence and expertise of their suppliers.
@waseemsheikh-pn1xs
@waseemsheikh-pn1xs 2 ай бұрын
Thanks Lawrence for an insightful video on how you validate and the guarantee the integrity of the product you are selling to customers who want to know their purchase is ,above all,authentic .
@ferdinandgoglia3634
@ferdinandgoglia3634 2 ай бұрын
Somebody give me a clue who it is, a rhyme, or anything ffs.
@thpxs0554
@thpxs0554 2 ай бұрын
This is a bit concerning, I bought mine purely for the gold content, so even these coins in the video aren’t a total loss, they have a fair bit of gold in them and since I bought my last lot they’ve outpaced inflation by X3, so they still have more value than when they were bought. But I stopped buying “best value “ Sovs from my dealer cos the savings aren’t worth having when I can get brand new Royal Mint Sovs in RM packaging for a few quid more. I’ve seen old videos of dealers sorting hundreds of Sovs by hand and eye and they only spend a couple of seconds per coin, so mistakes must surely happen, but when they’re sending out small amounts to retail customers they should be more discerning than that.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I only need a few seconds to check most sovereigns, but some do get more attention, so it may be some of our videos you have seen. The experienced human eye and brain are still quicker and more reliable for this then any machine. Mistakes are still possible. Older sovereigns have more potential for appreciation than modern ones, IMO.
@BillGuyHawaii
@BillGuyHawaii 2 ай бұрын
Thank you for the heads up. It's good to get it out there. Sharing experiences is very helpful.
@Wyrm1701
@Wyrm1701 2 ай бұрын
The levels of nickel and cadmium are an eye-opener and suggest to me that at some point in the past this coin was part of a truly large scrap gold melt, into which one small old-style nickel-cadmium rechargeable battery fell. A Ni-Cad battery is mostly nickel with only 6-18% cadmium, so the base metal extraction system in use must be good enough to get rid of a lot of nickel. You'd actually expect a gold smelter to have a way of getting rid of a lot of nickel since it will be present in most cheap jewellery as a silver-substitute. Getting rid of cadmium however, why would you expect to see any cadmium? You wouldn't (except here some sort of cheap trinket had a Ni-Cad cell in it for some reason) so you'd not put in a cadmium remover.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Cadmium was probably added to make the alloy more easily workable.
@mint_mark
@mint_mark 2 ай бұрын
Even if we haven't learned which dealer sold the coins, we have still seen what these three fake half sovereigns look like. I would have appreciated a comparison with a genuine George V coin, and some commentary highlighting the differences to look for. Plus something about tests we can do ourselves would be useful.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
We do have some comparisons in other videos, but still have more work to do.
@DerekWalsh-l4i
@DerekWalsh-l4i 2 ай бұрын
@@mint_mark What other differences do you need to look for ? Two of the coins had Arabic-like stampings on them, and the other had the wrong King for that year. What more do you need?
@mint_mark
@mint_mark 2 ай бұрын
​@@DerekWalsh-l4iYes of course, these ones had obvious faults. I was just trying to get across the idea that some learning might be a benefit in the long run, but I realise how hard it is to convey the experience gained from examining many, many coins. As for self testing, I've been reading about specific gravity tests, as well as measuring diameter and weight. And people say thickness is harder to measure reliably.
@johnlee4897
@johnlee4897 2 ай бұрын
Two of them were completely obvious. Why did the customer not return them immediately? At least they're not completely worthless. Still have a 88% gold content and worth smelting for that alone. Wait till the Royal Mint start selling their 2025 silver "sovereigns" and some crooks start gold plating the things and selling them.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Food for thought.
@bigedwards2298
@bigedwards2298 2 ай бұрын
I have a question for chards as it goes why would a five 9s maple cost more not in its original packaging/sleeve
@ViewTube456
@ViewTube456 2 ай бұрын
If someone was making fake sovereigns why would they go to the effort of making the fake look so realistic but then put a completely different signature stamp on it? I don’t understand that. Thank you.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
The 3 fakes in the video do not look realistic, even without the stamp mark, but they probably satisfy local demand for gold "coins" as gifts or for jewellery.
@dachiefy6745
@dachiefy6745 2 ай бұрын
That’s why I use your services Lawrence & Co very trustworthy. Thank you
@djsmiley1965
@djsmiley1965 2 ай бұрын
UKBullion.....Dealers.....?.....I trust Chards completely, and that's why I buy with confidence. Many dealers are misleading customers by offering sovereigns that have lost their full value and Capital Gains Tax (CGT) exemption status, effectively reducing them to scrap gold. This practice takes advantage of unsuspecting buyers, and it’s something this dealer should be held accountable for.
@deannagoldston4276
@deannagoldston4276 2 ай бұрын
Thank you for such an informative vid.
@connorjones3080
@connorjones3080 2 ай бұрын
Well is there a clue to who it could be? I like to buy from some of the big bullion dealers online, is there a hint to who it could be so I can avoid them in the future 🙏
@potnoogle5780
@potnoogle5780 2 ай бұрын
That is not a hallmark it is KDM, a lot of indian jewellers used to add cadmium to the gold for durability.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Thanks for the info. Cadmium is nasty carcinogenic stuff, along with its fumes and most of it compounds.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Thanks for your input.
@Raymond-d2l7n
@Raymond-d2l7n 2 ай бұрын
A lot of people have salted away bottle-tops in their safe not realising it.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
😎
@peterbrownless
@peterbrownless 2 ай бұрын
The problem is that some dealers buy and sell in large volumes and do not check / test every single coin as thoroughly as you or I might expect. That's how fakes get bought from bullion dealers. Crap condition coins being passed off as bullion is commonplace. Lets face it, brand new silver Britannias are often supplied by RM looking like they just had a disagreement with Mike Tyson.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
There is some evidence that production and handling quality at TRM may be improving.
@CarlSmith-bs4qx
@CarlSmith-bs4qx 2 ай бұрын
Very interesting yet cautionary information. Have always found Chards to be excellent
@Zonker66
@Zonker66 Ай бұрын
Got to the bit about "I won't tell you who it was" and turned it off. How is that helpful?
@Kit-Talon
@Kit-Talon 2 ай бұрын
This is one reason why I won't touch sovereigns and will just stick to pure 24 karat gold britannias.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
They are both a good choice, IMO, but I fully understand your reasoning.
@scottrobinson7739
@scottrobinson7739 2 ай бұрын
So a video that doesn’t let us know who’s selling fakes to us very handy🤨
@barrystephen6450
@barrystephen6450 2 ай бұрын
Stuff like this was available in Middle East gold shops, certainly up until a few years ago…
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I think it still is. I should make an educational visit!
@karlpennington72
@karlpennington72 2 ай бұрын
I know who you mean they have been knocking fake silver pamp bars out too .i encountered one at a fair
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Wow! Are you sure?
@secretstacker
@secretstacker 2 ай бұрын
Any ideas who is it a*******s
@lggsretrofinds4461
@lggsretrofinds4461 2 ай бұрын
who
@markmewordz6860
@markmewordz6860 2 ай бұрын
Any clues?
@karlpennington72
@karlpennington72 2 ай бұрын
@lggsretrofinds4461 a
@tallthinkev
@tallthinkev 2 ай бұрын
Still sell them if you don't call them Sov's?
@leo-v8y
@leo-v8y 2 ай бұрын
I think people need to look at the history of Chards and know that Lawrence is 100% genuine. No fakes gets sold by Chards. I have bought from most main dealers and have received a few fakes in my time and have returned. Avoid the pawnbrokers with sovereign in rings and pendants as that is where the most fakes are found.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
To my embarrassment, there is one fake which we allowed to go out. Fortunately, it came back, and I intend feature it in a blog or video someday. Nobody is perfect.
@leo-v8y
@leo-v8y 2 ай бұрын
@@lawrencechard5914 I think if not mistaken, this was a 1887 5 Sovereign and not a sovereign. I am sure you wrote about this years ago.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
@@leo-v8y You are not mistaken!
@grahammoreton9686
@grahammoreton9686 2 ай бұрын
The first coin you're showing is 1913 but you are saying it's 1911, why?
@Chard1964Ltd
@Chard1964Ltd 2 ай бұрын
Hi Graham, we noticed this error during the edit of the video, so we put a disclaimer in the corner to correct this.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
After shooting, it occurred to me that I had said 1913. Must be going loopy!
@Kgbbullionbandits
@Kgbbullionbandits 2 ай бұрын
I never realised you was only in Blackpool. I'm in Bradford and I've recently started buying silver brits from a site online but I've just checked yours out and your prices are better plus it gives me a excuse for a ride across 😅. I will be looking to buy some 1/4 oz gold brits in the next few weeks so I will give the shop a call. Karl
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Thanks. You will need to make an appointment because we are ridiculously busy. There is a good fish and chip shop across the road.
@Kgbbullionbandits
@Kgbbullionbandits 2 ай бұрын
@lawrencechard5914 thank you I will give you a call to arrange a day after Xmas and have a ride across. 😊
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
@@Kgbbullionbandits I may be away skiing, but you may get to see the fakes in this video, although we don't have room to display all of our Black Museum.
@timduddy1902
@timduddy1902 5 күн бұрын
If the fake coins are 21k as scrap what is the value of a fake compared to a genuine Half Sovereign.
@rosstaylor6051
@rosstaylor6051 2 ай бұрын
Are the “grade C” half sovereigns the ones you recently sold as secondary market half sovereigns?
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
No, our "secondary market" aka pre-owned are in at least reasonable bullion, circulated condition. They can have scuffs and scratches, but only what would be typical form circulation use. Our Grade "C" tend be be badly scratched or highly polished from being in jewellery.
@georgesmith8586
@georgesmith8586 2 ай бұрын
looks like i may have to test my stack with XRF to make my mind at ease. On the fakes Sovs can they be refined or sold again on the value of the gold content alone? Loving the videos very informative.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
XRF, yes, but taking time to examine coins provides valuable experience. Technically it is illegal to own or sell fakes without a valid reason. We scrap most, but retain a selection in our "Black Museum". Thanks.
@foilrider2000
@foilrider2000 2 ай бұрын
Indeed it's not the end of the world, better than holding dollar
@anishpatel-dl1xb
@anishpatel-dl1xb 2 ай бұрын
Why would someone make a fake coin with 95% gold
@jaydenw7705
@jaydenw7705 2 ай бұрын
In the 1930s there was a shortage of gold coins in the middle east, partly because genuine sovereign production stopped. So traders made 21kt sovereigns to meet demand, presumably they could openly sell them for the same price as genuine 22kt coins to willing customers and keep the difference as profit.
@Rdott82
@Rdott82 2 ай бұрын
To get as close as possible to the sovereign specification of 22 cart gold
@browpetj
@browpetj 2 ай бұрын
That is cool. Seen Mexican 50 pesos in middle east markets with stamps, low resolution and different pitched ting.
@PreparednessVeteran
@PreparednessVeteran 2 ай бұрын
Concerning.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I agree, but I see a lot of it.
@GT380man
@GT380man 2 ай бұрын
Very disturbing to see measurable amounts of cadmium. As a toxicologist, I would prefer not to hold it against my skin.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Thanks for your valuable contribution to the discussion.
@XYZ-ef3mo
@XYZ-ef3mo Ай бұрын
If each coin has to be tested individually I can understand why the occasional fake slips through the net. Margins are so tight do dealers have time to test/inspect every coin? I only buy new 1oz Britannia's. I keep a close eye on price. I have no interest in coins. I'm buying a tax free commodity/asset.
@lawrencechard5914
@lawrencechard5914 Ай бұрын
The quickest and most reliable test is by human eye and experience. Brtiannias are a good choice, but they don't need to be brand new, IMO. 😎
@XYZ-ef3mo
@XYZ-ef3mo 19 күн бұрын
​@@lawrencechard5914Good advice. I phoned Atkinsons and naively asked to speak to their investment team. I'm a traditional investor with ETF's and carefully picked FTSE 100 companies. I was looking to add gold to my portfolio. I asked if new Britannia's were a good choice - excellent I was told. I bought 25 when spot dipped after the US Election. Atkinsons also sell pre-owned King Charles Britannia's obviously no older than 2023. They're approx £15 cheaper. It was irritating to find out I would not get more money on resale for my new Britannia's than these pre-owned coins! I've essentially increased my spread cost by £375.
@garryallison4716
@garryallison4716 2 ай бұрын
If that’s true then that dealers business is finished.
@stevenewman7955
@stevenewman7955 2 ай бұрын
Chards are thw best bullion dealers! But worrying others might have sold fakes, shows theres not as much care!
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
Thank you, it's great to hear someone saying that!
@keziahdelaney8174
@keziahdelaney8174 2 ай бұрын
We watch your videos because we all in this field of coins dealing with many people professional dealers including. I don't understand why you wouldn't say who was the dealer to protect all of us. This is not a good practice. Its gold! Not bubble gums we are spending our money on.
@woodyforest7308
@woodyforest7308 2 ай бұрын
Hope it's not royal mint cos I bought a few
@DarthPreciousMetals
@DarthPreciousMetals 2 ай бұрын
Dear Lawrence, Thank you very much for this. Tbh you could do a rhyme or something...so we ll know who the dealer is, but I do understand your point as well.
@pujapete3665
@pujapete3665 2 ай бұрын
atkinsons are very good
@djsmiley1965
@djsmiley1965 2 ай бұрын
Still not as competitive as Chards, the prices do not lie.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
At what?
@bkkbound
@bkkbound 2 ай бұрын
Who?
@TitaniumZeroAlpha
@TitaniumZeroAlpha 2 ай бұрын
Why don't you tell us who is isn't?
@paulr2132
@paulr2132 2 ай бұрын
Shocking but the Arabic marks are such a giveaway to even a novice why weren't they sent back immediately ? Hard to think that someone would buy 100 half sovereigns without even basic knowledge . The 1907 is hilarious . Thinking about it, I'd keep them for novelty value as they still have the gold content .
@mint_mark
@mint_mark 2 ай бұрын
Reminds me of saving fake round pound coins from change... many had the wrong reverse design for the year.
@mysteryman5826
@mysteryman5826 2 ай бұрын
why not name and shame those that sell fakes? You would be doing a great service to others that get duped into buying what they believe is guniune!
@philippayne4951
@philippayne4951 Ай бұрын
All dealers have from time to time slipped up. What is more important is that they do not do it deliberately. Dealers do deal in thousands of gold coins, and it can happen. It's all a matter, of knowing they exist, and knowing about them.
@EcopureWindowCleaning
@EcopureWindowCleaning 2 ай бұрын
87% gold, I will buy them off you 13% under spot.
@browpetj
@browpetj 2 ай бұрын
Great business. Use these videos if you need them please. 😊
@stackstacksaveuk5350
@stackstacksaveuk5350 2 ай бұрын
theres a chain of hands that these coins have passed through ,,,how have none of the experts who then RE SELL them onto new collectors have snagged these until now is awful............ no passing the buck im affraid....i hope these round objects are destroyed. coin buying has become a no go area untill this wave of deception clears...
@brrrrr256
@brrrrr256 2 ай бұрын
I'm sure this is a good and informative video, but the audio is really bad.
@Crosshatch1212
@Crosshatch1212 2 ай бұрын
I bet it was ht pawn ,
@wafc111
@wafc111 2 ай бұрын
This is way i buy my gold and silver from yourselves , not bought any for a while but next time i do its from you
@jamesedgewood4643
@jamesedgewood4643 2 ай бұрын
To be honest I don't like Chard's customer service... I have enquired twice about specific coins on sale and the woman had no interest in answering my query... I went elsewhere... Bleyer Bullion is the best.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I am sorry to hear you don't like our customer service, although most people do like it. I do regard Bleyer as one of our better competitors, but I disagree that they are the best. Perhaps in your opinion. I find your second sentence unbelievable, but if you would care to provide details of your two experiences, such as our staff member name, call recording, your real name, etc., I would be very happy to get a senior manager to investigate it.
@djsmiley1965
@djsmiley1965 2 ай бұрын
Chards has excellent customer service.
@liberte.3.6.9
@liberte.3.6.9 2 ай бұрын
Can't say that I agree with your comment.
@jamesedgewood4643
@jamesedgewood4643 2 ай бұрын
​@@lawrencechard5914 I dunno Chard... You're kind of full of yourself, always attacking other un-named coin dealers and vaunting your so-called customer service... but the reality is your customer service is actually the worst I have encountered of all the coin dealers I have used...which is why I have never bought anything from your company. I have made several queries to your company in the past.... but it was like pulling teeth with the lady on the phone... Also I have made email queries and they have either just not responded or refused to send photos of the coins I was interested in... Other dealers are happy to send pictures of the coins by email...Not your company though. EDIT Just checked my emails sent to Chards and almost every query gets an Offline message or automatic reply but no actual real follow up...Checking back your company is actually even worse than I thought it was. Probably time to stop blowing your own trumpet and deal with your email messaging system.
@jamesedgewood4643
@jamesedgewood4643 2 ай бұрын
@@lawrencechard5914 I made a very detailed reply...and very strangely as if by magic... it has disappeared...how interesting.
@vinnyking3057
@vinnyking3057 2 ай бұрын
Look I’m sorry this is just unfair. people on here have spent a bloody lot of money on these including me so to just say someone is selling them how do we know your not just rigging the market as if you won’t say then people just think it’s automatically there dealer pleas reveal the name of I will not be buying from chards again.
@ViperBullion111
@ViperBullion111 2 ай бұрын
I don't think it's Bs, he's been told by the customer that the customer bought the Half's from someone else, some turned out to be fake..so he's spreading awareness about that. I think he's commented somewhere stating that there is still other good dealers, like Bleyer
@vinnyking3057
@vinnyking3057 2 ай бұрын
@ maybe so but why not say at the end of the day by not saying who it is your just allowing for more people to be scammed OR THEY HAVE TO BUY FROM CHARDS its just stacking the odds in there favour im sorry but that just not right anyone who goes on to be scammed by the same people they refuse to name is on chards head because they could have stopped it just by saying “look this company has sold a few fakes we have found just be careful” but no they have cast doubt on every online dealer now just not fair at all not to costumers or dealers
@ViperBullion111
@ViperBullion111 2 ай бұрын
I think if they said anything with no solid proof, just hearsay, they'd be faced with a lawsuit wouldn't they! So they're just warning to be vigilant, at least that's what I got from this. I'm a customer of chards as had bad experience with BBC and Atk so either way I'm safe lol​@@vinnyking3057
@djsmiley1965
@djsmiley1965 2 ай бұрын
@@vinnyking3057 UKBullion is indeed an online dealer, and while he didn't name them outright, it was clear enough. It's important to stay calm here; if Chards were to name and shame another company without concrete evidence, they could face legal consequences for defamation. They can’t publicly mention names unless they’re absolutely certain. Instead, it’s wiser to offer a general caution: buyers need to be careful about who they purchase from. If you prefer to buy elsewhere, that’s entirely up to you, but Chards offers some of the best premiums on bullion, with perhaps only the Silver Forum as a comparable alternative. Personally, I think Chards is the best choice moving forward.
@DerekWalsh-l4i
@DerekWalsh-l4i 2 ай бұрын
@@vinnyking3057 I understand exactly what you are saying, but there is no evidence against this other dealer, only what the original buyer told Chard's. And after holding these coins for some years his recall of the seller could be faulty. I am with Lawrence, too risky to even give a clue as to who that dealer might have been. It could open up a whole can of worms for him and his company, and he doesn't need that. Good on him for bringing it all to our attention, and making us all just that little bit more careful in the future.
@philippayne4951
@philippayne4951 19 күн бұрын
Why don't these Aribic countries make, and design their own gold coins. Instead of faking our gold coins.
@spamfritters1
@spamfritters1 2 ай бұрын
This is very concerning
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I agree.
@foilrider2000
@foilrider2000 2 ай бұрын
Not really, gold content is there.
@MarkSilcock
@MarkSilcock Ай бұрын
New subscription
@Rdott82
@Rdott82 2 ай бұрын
So only 2 or 3 were actual reproductions, the rest were just scuffed?
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
The 53 others were not just scuffed, but highly polished, scratched, some discoloured, and generally unattractive .
@matthewkeys128
@matthewkeys128 2 ай бұрын
Who was it?
@ViperBullion111
@ViperBullion111 2 ай бұрын
I doubt the company will say, plus he says that it's word from the customer. Altho I always shop at chards knowing they've got the most experience in the business with this stuff!
@karlpennington72
@karlpennington72 2 ай бұрын
@@matthewkeys128 i put the silver pamp bars on a sigma and they were fake asked were he bought them i was shocked 4yrs ago .said why dont you take um bk he has no reciet after 4 yrs .stick with chards i cant tell you who but maybe the video will giv you a clue .i hope it doesnt extend to 1oz gold coins
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
I would love to tell you. We do see examples like this from a number of different dealers.
@lawrencechard5914
@lawrencechard5914 2 ай бұрын
@@ViperBullion111 Correct. Thanks for shopping with us. There are other good dealers out there also.
@Crosshatch1212
@Crosshatch1212 2 ай бұрын
​@@lawrencechard5914ht,pawn,
@timcrompton7220
@timcrompton7220 2 ай бұрын
Waist of time video, the truth is they come from YOU,, if not you would say the name then it's you and by the way, you charge moor than anyone else,,chards is not a favourite place to buy from, and this man carnt even speak properly
@davidfarmer9118
@davidfarmer9118 2 ай бұрын
Heresy, no doubt. But at 21 k, a mint mark and all that, more like "Arabic Sovereign " Probably good enough for Lawrence of Arabia when he needed to convince a few Bedouin to die for England and the Generals didn't want to give him the good stuff.
@Crosshatch1212
@Crosshatch1212 2 ай бұрын
Indian soveriegns are known fakes ,
@sirvivor7835
@sirvivor7835 2 ай бұрын
Won't name the deal, so won't be watching!
@vincentsubmarinismo774
@vincentsubmarinismo774 2 ай бұрын
Pointless video if you're not going to expose the dealer, or is it B.S?
@acernetx8989
@acernetx8989 2 ай бұрын
1 min in and never listening to you again. Name and shame or is this just a gaslighting opportunity to sell your own coins
@foilrider2000
@foilrider2000 2 ай бұрын
🙄
@shindersamra4020
@shindersamra4020 2 ай бұрын
It must have come from China.
@wendydavid9076
@wendydavid9076 2 ай бұрын
Pointless , tell us who the dealer is 🙄🙄
@hughmungus6838
@hughmungus6838 2 ай бұрын
My competition is selling fakes "Trust me bro"
@andrewsmyth6027
@andrewsmyth6027 2 ай бұрын
Thanks for not telling us what dealer to avoid,,, also how can you trust the word of the guy who is selling them??????
@lawrencechard5914
@lawrencechard5914 Ай бұрын
Years of experience! ​ 😎
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