Walmart is Selling FAKE Gold and Silver Coins? - Look at THIS!

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Silver Seeker

Silver Seeker

Күн бұрын

Пікірлер: 549
@SilverSeeker
@SilverSeeker 21 күн бұрын
To clarify: In the description, these items may be marked as a different metal (e.g., 'iron'), but they are being sold as legal tender coins minted and issued by their respective governments. Producing counterfeit U.S. and Canadian currency is a federal crime and strictly illegal. Counterfeit coins undermine collectors, investors, and the integrity of the market as a whole. For those commenting that it’s not Walmart but third-party sellers: remember that Walmart ALLOWS these companies to sell these products on their website. Regardless of whether it’s Walmart directly selling them or not, these products are being sold on their platform. Walmart should do better to prevent these sellers from operating on their site.
@TheLordalmighty1
@TheLordalmighty1 21 күн бұрын
ive seen items like these even described in the main headline as "non magnetic" which to me just promotes scammers using them for just this kind of stuff. ali etzy and many more sites sadly.
@richardbell466
@richardbell466 21 күн бұрын
Rightfully the description should be Fake silver/gold coin/bar for decoration only. Not to be sold as authentic. It is a federal crime to sell fake products as real etc... etc... but Third Party is a big loophole.
@patrickmurphy3179
@patrickmurphy3179 20 күн бұрын
Walmart doesn't care. Too big to fail corporation. Never shop there, ever!
@AndreasScout
@AndreasScout 19 күн бұрын
sorry but that is factually incorrect. If a gov mint mints a gold coin its a gold coin .
@SilverSeeker
@SilverSeeker 19 күн бұрын
I'm sorry... what? Yes If they mint a Gold Coin it's a Gold Coin, and if they put a legal tender face value on it (which they do on Eagles and Maples), then it's legal tender currency. Creating fake ones is absolutely counterfeiting. You shouldn't claim something is "factually incorrect" when you don't know what you're talking about.
@paulricketts1089
@paulricketts1089 20 күн бұрын
...Who in their right mind would buy gold and silver from Walmart in the first place??..........
@billstac9162
@billstac9162 19 күн бұрын
@paulricketts1089 same ones who buy them at home depot
@vaikjsf34a
@vaikjsf34a 19 күн бұрын
The average non-stacker and noob stacker would. That is who they are targeting those who don't know much about gold and silver. Though that would possibly have even tricked me. However I go to a place that deals directly with the mint.
@tombombadil3185
@tombombadil3185 19 күн бұрын
People who would rip others off, i.e. defrauding.
@RossSlots
@RossSlots 19 күн бұрын
Costco sells good gold and silver, why would anyone think walmart wouldnt too?
@ramjet6458
@ramjet6458 19 күн бұрын
Exactly
@ZeroofAgrathalm
@ZeroofAgrathalm 21 күн бұрын
As a part time walmart employee. Walmart won't do shit about anything unless their sued over it. So I think your expectation of the vetting is never going to happen.
@richardhutchison3123
@richardhutchison3123 21 күн бұрын
If they're sued they will only pass the cost on to their customers! For sure!
@richardbell466
@richardbell466 21 күн бұрын
It's sad we work for criminals... what a mess
@ZXC_ZXC1
@ZXC_ZXC1 20 күн бұрын
I think Walmart is protected against being sued for third party fake items due to the 1996 DMCA. If it's like ebay listings only get removed if the bots detect it as counterfeit.
@dc6233
@dc6233 19 күн бұрын
When 75% of them get returned I would think they'd remove the listing.
@timfool
@timfool 18 күн бұрын
They always make my orders right. I don't order my metals from Walmart but, for other things they refund promptly.
@BradYaateeh.
@BradYaateeh. 21 күн бұрын
Walmart is just like ebay, as long as they are getting paid, they don't care.
@makingcreationsbyjp3350
@makingcreationsbyjp3350 21 күн бұрын
Was just looking if that was mentioned already, was about to say! It gets me upset as well and it’s sad that it isn’t against the law or prosecuted if it is somehow legal.😣
@makingcreationsbyjp3350
@makingcreationsbyjp3350 21 күн бұрын
Oh, and FB As well😣
@clapclapscream
@clapclapscream 20 күн бұрын
Walmart is not like eBay or FB, neither has brick and mortar stores. Neither sells the products themselves; they are marketplaces of individual sellers. Walmart is an actual retailer. The largest one there is. Much greater responsibility.
@BradYaateeh.
@BradYaateeh. 20 күн бұрын
@@clapclapscream You are taking what I said out of context. This video is about silver sales on their website which clearly shows that 3rd Party VENDORS are the sellers. Walmart will back up anything THEY sell on the site, and does pass the buck to the vendor when complaints come in. I have had a problem with Apmex sending me what I did not order, Walmart notified them and Apmex did fix the problem. Good luck getting your money back from the suspicious vendors!
@makingcreationsbyjp3350
@makingcreationsbyjp3350 20 күн бұрын
@@clapclapscream Oh, I get it, and Absolutely Agree! Walmart being the biggest hedge, a huge customer base and reputation of being trustworthy, and should no question, investigate/research And verify their third-party sellers!!👍 I Was just saying that it is happening all over, it is deception and thievery, and shouldn't be allowed anywhere! It just makes me frustrated like the rest of us.😣
@RussNaylor-s3t
@RussNaylor-s3t 21 күн бұрын
Thanks for the alert. I checked their website today here in B.C, Canada. The top add on my search on Walmart coins came up with this same scammer listing. I reported it to the Walmart complaint department to advise them the listing may be a contravention of Canadian Regulations. Let’s see if they delete the listing. If they do not then Walmart may be complicit in the scam. I will be contacting the Canadian Consumer Protection Agency to advise them of the listing to hopefully have the listing removed.
@richardbell466
@richardbell466 21 күн бұрын
Excellent
@mattzahab2946
@mattzahab2946 20 күн бұрын
Thanks
@patrickmurphy3179
@patrickmurphy3179 20 күн бұрын
Walmart will just say "whoop de do, what are you gonna do about it?"
@RussNaylor-s3t
@RussNaylor-s3t 20 күн бұрын
UPDATE. Today I did several searches for “Walmart Canada Silver Coin” and variations of that search on the internet. The scam listing from this specific seller did not appear again so it looks like Walmart Canada may have taken appropriate action. I did also contact the Canadian Anti-Fraud agency to report the listing….but I doubt they would have acted that quickly. Thanks for your work in posting the scam on your KZbin site…you definitely saved several unwary purchasers from losing their money….and likely upset a few scammers who planned to resell the coins as the genuine Canadian Mint Maple Leafs.
@jdoggwhitetrash
@jdoggwhitetrash 21 күн бұрын
This is not good for the big blue store. They need to start vetting people/companies that sell on their website.
@bamahama707
@bamahama707 21 күн бұрын
Should have been vetting all along...
@happymood888
@happymood888 21 күн бұрын
Walmart uses Ampex silver and gold
@brucejeric6701
@brucejeric6701 21 күн бұрын
@@happymood888so you ard saying APMEX sells fake silver and gold??? Hard to believe!!!
@josephfraley4432
@josephfraley4432 21 күн бұрын
Good to know. Unbelievable, it's gammon. Should be illegal.
@jeffw1267
@jeffw1267 21 күн бұрын
​@brucejeric6701 APMEX overcharged for their silver and gold, but there's no way that company is distributing fakes.
@tellucas
@tellucas 21 күн бұрын
Walmart CAN get in trouble. This would fall under counterfeiting when it comes to legal tender. Don't contact Walmart, contact the Canadian Mint and see what they think about a major retailer damaging the mint's reputation and faith in the currency.
@Joe-sm9qj
@Joe-sm9qj 19 күн бұрын
Wal Mart will be fine. They sell fake crap all the time.
@PatriotGGG
@PatriotGGG 21 күн бұрын
Good on ya for posting this video.
@robinw.darnell4269
@robinw.darnell4269 21 күн бұрын
These are sovereign coins, why does the government not step in? Also why do coin dealers not file complaints about this illegal practice?
@trepaning
@trepaning 21 күн бұрын
better a $10 lesson learned than a $3700 lesson.
@milessakauye8819
@milessakauye8819 21 күн бұрын
Hi Seeker, thank you for highlighting this issue. The rant was well warranted. I think the probably have high-end jewelry and watches that have the same issue.
@CADRollHunter
@CADRollHunter 20 күн бұрын
@SilverSeeker - thanks for the shout-out, and for spreading the word! I really appreciate it. It's really astounding that Walmart is allowing this. They may well be asleep at the wheel, but they're still liable, that's for sure! All the best to you and your channel for 2025!
@chaunceyhart1346
@chaunceyhart1346 21 күн бұрын
They go through third parties when buying online so be careful. Make sure the seller is APMEX or another reputable dealer. Money Metals Exchange sells on Walmart too.
@RobRuthi
@RobRuthi 20 күн бұрын
EVERY dealer selling gold through Walmart USA website are well recognized and legitimate. Would be more specific but youtube won't allow specific examples as you were able to. Very odd that..
@chaunceyhart1346
@chaunceyhart1346 20 күн бұрын
Go ahead and type them in, it let me do it no problem.
@RobRuthi
@RobRuthi 20 күн бұрын
@@chaunceyhart1346 Tried more than once already. The meaning behind the words " Would be more specific but youtube won't allow specific examples as you were able to."
@RobRuthi
@RobRuthi 20 күн бұрын
Make that four attempts - with yet another format. As I said, very odd that.
@chaunceyhart1346
@chaunceyhart1346 19 күн бұрын
Well idk 🤷 I’ve found KZbin sometimes doesn’t post comments that I type out, or holds them for a few hours then posts them. They do weird stuff like that sometimes.
@jg29271
@jg29271 21 күн бұрын
Thanks for sharing this SS
@martinwilliams9618
@martinwilliams9618 21 күн бұрын
He is making people freak out for no reason. They sale real ones but he did not show you that.
@TheQuickSilver101
@TheQuickSilver101 21 күн бұрын
That kind of garbage is frustrating. One thing is for certain; places like Walmart and eBay won't change unless they are forced to. They know they can't get caught scamming people but third party sellers are fine since they can wash their hands of it
@RichardRoche-c2w
@RichardRoche-c2w 21 күн бұрын
All the purchases I’ve made from WMT US, have been from major bullion sellers (Pinehurst, APMEX and others)
@jake8077
@jake8077 21 күн бұрын
Okay good, so you only got "regular" rip-off prices
@sparky5543
@sparky5543 21 күн бұрын
@@jake8077 🤣🤣🤣 I would suggest JM Bullion which I have been using for many years.. Gold or silver from walmart?? NOPE.
@scotthensley8083
@scotthensley8083 20 күн бұрын
I don't buy anything through Walmart
@RobRuthi
@RobRuthi 20 күн бұрын
@@jake8077 LOL - when faced with reality, change the entire scope of the subject...
@RobRuthi
@RobRuthi 20 күн бұрын
@@jake8077 Costs less than directly from the bullion dealers - which is who you buying from. Also don't have to jump through the "know your customer" hoops like registration and picture ID while time passes and the price fluctuates.
@RobKni76
@RobKni76 21 күн бұрын
CAD Roll Hunter is a great follow, well worth it!
@btrent9244
@btrent9244 20 күн бұрын
Great video. Thanks Seeker for bringing matter to your channel. Yep, I too wonder where that person is selling from. Disgusting isn’t it!!! 😡
@Stax-ht9md
@Stax-ht9md 21 күн бұрын
This hurts the WalMart brand and any Box Store that tries to get into precious metals like CostCo. Since this is sovereign coin, I'm surprised Canada doesn't stop it.
@richardmetcalf2346
@richardmetcalf2346 21 күн бұрын
Thanks for the important info. Walmart needs called out for this.
@larryjoe1357
@larryjoe1357 21 күн бұрын
They could care less.
@ericarnaud7983
@ericarnaud7983 21 күн бұрын
I saw an article a couple years ago where people were selling fake collectible cards, baseball, Pokemon, etc.
@bamahama707
@bamahama707 21 күн бұрын
And where did they come from?
@ericarnaud7983
@ericarnaud7983 21 күн бұрын
@bamahama707 no idea, I didn't buy them.
@Kunk35
@Kunk35 21 күн бұрын
If they would have set the price at say, 28 bucks, people would have bought them by the bucket full before people started discovering it.
@Timmerd888
@Timmerd888 21 күн бұрын
I was going to say the same thing.
@kevinberger9854
@kevinberger9854 18 күн бұрын
@@Kunk35 I think they would have been caught even at market price because most of us test our purchases for authenticity
@jagwolf8944
@jagwolf8944 20 күн бұрын
I would have never believed it, if you hadn’t posted this. Shocked. Thank you for having our backs, as always. Because proper
@astralclub5964
@astralclub5964 21 күн бұрын
These frauds spook new investors from PM's!
@jake8077
@jake8077 21 күн бұрын
I LOVE FAKE Gold and Silver ....It all looks the same and it will be good for barter when SHTF
@Philippesdad1
@Philippesdad1 21 күн бұрын
Maybe that is the intent: flood the market with fakes to discourage ownership of real money.
@jaystengel7511
@jaystengel7511 20 күн бұрын
@@jake8077 bad idea. People dont call cops when shtf.
@jake8077
@jake8077 20 күн бұрын
@ good to know, I wont go to jail, so I am doubling down .. if everyone accepts the fake gold and silver, then it is just as good as the real stuff
@MM12684
@MM12684 20 күн бұрын
We need class action lawsuits. These retailers are fully aware of how scummy they are.
@Afterglow.Studios
@Afterglow.Studios 21 күн бұрын
Congrats on 200k
@CarolAnnD1
@CarolAnnD1 20 күн бұрын
Thanks for the heads up!
@silverfingerthesilverstack5062
@silverfingerthesilverstack5062 20 күн бұрын
Ebay is just as complicit in allowing counterfeit bullion coins and bars here in the UK
@mattzahab2946
@mattzahab2946 20 күн бұрын
Walmart Canada deals with third party retailers. I never order online from Walmart for that reason. I bought a camera lense yrs ago from "Walmart" and it was straight from China shipped from China.
@ReedeMcCain
@ReedeMcCain 20 күн бұрын
I have a hard time passing clearance gold jewelry at Walmart, but the last 10k 2 necklaces I bought had 1 that was fake. Returned it, pointing out why it was fake and saw it in the display case the next day.
@MarkLaFranco
@MarkLaFranco 21 күн бұрын
Walmart is effectively being complicit in consumers buying counterfeit silver by allowing these advertisements for sale on their website. As you said, the end victim might not be the individual who orders from Walmart either.These imitations could be resold for spot price to unsuspecting buyers after they are received from Walmart. The products were clearly designed to be deceptive. They shouldn't be allowed to be sold, especially by a company presumed to be a reputable retailer.
@AndyInTheAir
@AndyInTheAir 21 күн бұрын
Yeah most likely walmart's customers here are trying to scam pawn shops
@cottonclarksa
@cottonclarksa 21 күн бұрын
I am a former department store buyer, and I’ve also taught (as an adjunct faculty member) Retail Merchandising in the business school of a local private university. Meaning: I know of countless episodes of evil and despicable business practices done by Walmart. I am not surprised one bit about this story. All I can say is: CAVEAT EMPTOR. Buyer beware. 😮😖
@brysonnewhouse6404
@brysonnewhouse6404 21 күн бұрын
Once they specify it’s iron, they aren’t trying to sell it as authentic. Walmart probably did vett it, saw the description and it passed. It clearly says the metal being purchased is iron.
@SilverSeeker
@SilverSeeker 21 күн бұрын
Doesn't matter for multiple reasons..., 1) they aren't marked as copy and these are legal government issued currency, and 2) they can be used after the fact to defraud others.
@PapaKryptoss
@PapaKryptoss 21 күн бұрын
Thanks for educating others. Hopefully your message gets out to as many people as possible
@ricks7432
@ricks7432 21 күн бұрын
Walmart has their tax on bullion scam. Not a good place to buy from anyway.
@victorfontaine4943
@victorfontaine4943 21 күн бұрын
Not only that. Some of the “employees” in these coin shops may try to pull the old switcheroo on customers. They say there’s a sucker born every minute. There’s also a thief born every 30 seconds..
@pddbuilders
@pddbuilders 21 күн бұрын
It's hard to feel sorry for people who know nothing about silver and gold and are upset that they were sold a gold coin for $10 when gold is hovering around $2700/oz. That's like buying a toy truck that looks like the full size for $20 and then being upset when they discover it's a toy. Yes, shame on Walmart for not being more transparent, calling something a coin when it's not even a round or real 99.9% silver, but read the whole advertisement for what you are buying and it's pretty clear as to what you're buying. At least they aren't paying the price for the real item but a much, much lower price.
@itsonlyafl3shwound
@itsonlyafl3shwound 21 күн бұрын
Its says material iron if your too lazy to read the description and paying $11 it's your fault. People buy coin chocolate
@c.s.4845
@c.s.4845 21 күн бұрын
It's not that the person that is buying this coin as much as the criminal buying these to sell to someone unsuspecting at full value.
@workingrich8464
@workingrich8464 21 күн бұрын
Nooo, I expect more from Walmart. decency.
@Jrome3
@Jrome3 20 күн бұрын
I disagree. A LOT of people don't know the spot price. They buy from Walmart just like Costco thinking they're getting a good deal because the big box stores always sell at a discount. So they buy without ever checking spot or other metals sites. They trust Walmart. Walmart is pulling a fast one on them. This is sooooo illegal. Shame on Walmart.
@LawrenceMacMacster
@LawrenceMacMacster 18 күн бұрын
It's just bad overall to have all these fake in circulation, if people buy this ish they produce more. 😅
@PeTB-c9g
@PeTB-c9g 21 күн бұрын
Shame on Walmart.
@bullitt7544
@bullitt7544 20 күн бұрын
Great Video. I noticed something really fishy when I saw the Bell from a Morgan, and looked into who was selling this, and sure enough it is 3rd Party, Chinese Based E Co's. These are polluting the market with absolute garbage. They Must be sued. Walmart is much more than Complicit. Unreal
@gregorya326
@gregorya326 21 күн бұрын
Agree 100% they could easily vet out these sellers that in end will cause all kinds of issues with coin market selling fakes.
@stephenwatsons
@stephenwatsons 21 күн бұрын
I posted this on reddit and was attacked relentlessly and they reduced my katma till I deleted my post . Canadian site sells fakr silver coin
@PaulSweitzerSCo
@PaulSweitzerSCo 21 күн бұрын
@CADRollHunter Look at you James! That's awesome brother Cheers
@MolMik2832
@MolMik2832 21 күн бұрын
Real info thanks SS & CAD
@jimpalsson4147
@jimpalsson4147 21 күн бұрын
I really hate to say this, but its just another example of a huge retailer's failure to police themselves, thus calling for regulation. This type of stuff repeats itself over and over.
@RossSlots
@RossSlots 19 күн бұрын
Walmart allows fake items via seller route in EVERY category. Handbags. Sports memorabilia. Autographs. Gold. Silver. Comics. Clothes. Its not a 1 person job
@davidrientord1521
@davidrientord1521 20 күн бұрын
Not only fake silver and gold every kind of collectible you can think of they're partners with one of the biggest Chinese retailers and they allow them to sell on their platform knowing everything is fake.
21 күн бұрын
These scammers prey on ignorant people... the same people who pay $40 a pound for copper "bullion" bars on eBay when scrap yards only pay around $4 per pound for scrap copper... and most of them won't touch someone's hand poured copper bars because they have no idea what's in them. "Clad" is another term that should wake up the ignorant, as well as the difference between "9999" and _".9999"_ It's unfortunate, but the people least capable of spotting a scam are the ones least capable of taking the inevitable loss. Just look at all the magic "health" crap being advertised on TV, like miracle LED hats, magnets, powdered vegetable dust in capsules, immuno 150 unknown magic "minerals... the list is endless!
@StephenKozlowski
@StephenKozlowski 21 күн бұрын
Good information thanks
@robertellis4595
@robertellis4595 21 күн бұрын
Thank you for your time . I never would of known this was going on ? Though I purchase through reputable dealers . I can see how . A new collector could be deceived ? Shameful
@mntwst
@mntwst 19 күн бұрын
Now do a video on the top rated precious metal testing devices.
@SilverSeeker
@SilverSeeker 19 күн бұрын
I've covered those before my friend, but I prefer to prevent people getting the fake silver and gold in the first place.
@quiltanon
@quiltanon 21 күн бұрын
thanks for the info!
@shibui99
@shibui99 21 күн бұрын
Well SS, I think you hit the nail on the head exactly when you said, "....they'll do it to make money..." Unfortunately, unscrupulous folks will act illegally and probably won't ever suffer any consequences. Thanx SS for the updated information!!
@timothythompson4036
@timothythompson4036 18 күн бұрын
This is definitely fraud. By the way, does anyone have experience with Summit Metals? Their gold and silver prices seem too low. It almost looks like a scam.
@cd4683
@cd4683 19 күн бұрын
Worked with a guy whom worked in a production facility for one of the major cosmetic companies in the blending and production line department. Walmart tells manufacturers how much they will pay for a product, which is generally less than it costs to manufacture the item. They tell the manufacturer it's a deal breaker if they can't meet the ridiculous number, let the manufacturer work out how to make it happen and pretend they don't know anything about why the product is of lower quality than the same product at different stores, with a label that looks identical. This is undoubtedly an illustration of that corporate corruption. Consumption based capitalism is broken.
@MaverickMasterland
@MaverickMasterland 20 күн бұрын
Of course this happens all the time. The ones that know better just know because they pay attention. For those that do not know, really have no idea. They are just the average buyer, or worse they also have good intentions for a gift. What is the return policy at Walmart for the text type in the add for coins that you have mentioned and are the vendors being purchased from listed as prime? This happens all the time with all vendor conglomerates, as well as mom and pop stores. You mentioned some of the other companies in this presentation. It is not new, but I am all in on your notifications. It also happens with any other items you purchase. What can you do do to push it to the conventional media.
@charlesmaurer6214
@charlesmaurer6214 21 күн бұрын
Under the law they are as guilty as the ones selling as facilitating fraud and counterfeit currency. They are passing counterfeit and fully subject to the crimes on each case.
@ericarnaud7983
@ericarnaud7983 21 күн бұрын
Evening, I bought 2 silver bars, 10 oz each a while back, great price for then and first thing I did was take them to my trusted coin shop to be checked...they both were good. Nope, they were going price and not an obvious cheap price.
@Angus775n
@Angus775n 21 күн бұрын
Counterfeit coins are very common. If you can’t confirm the metal content you are taking a huge risk buying from anyone. Stick to dealers who have the equipment to check everything properly.
@Jody-howl
@Jody-howl 21 күн бұрын
Counterfeit coins are not 'very common'.
@jeffhays1968
@jeffhays1968 20 күн бұрын
The Secret Service does not care about this even a little.
@matthewwynne939
@matthewwynne939 21 күн бұрын
There is a certain irony that Walmart won't police for fake coins, yet the precious metals category is usually one of the few that's not eligible for bonus points through credit card shopping links. Add any rate, the price of individual coins generally aren't very good, and the tubes of coins seem to not be prone to counterfeit.
@chris7brook
@chris7brook 19 күн бұрын
I've noticed on eBay people are trying to pass off the presidential dollars as gold coins for like almost two grand each
@jaybee8858
@jaybee8858 21 күн бұрын
The "oh wait, whats this?" In true mark dice fashion 😆
@marcusellis1275
@marcusellis1275 21 күн бұрын
They need to go to jail
@andrewshedron425
@andrewshedron425 21 күн бұрын
For what? Show me one place it claims it's a real pure silver or gold coin. I'm waiting. It even says "European and American Queen gift collection". When did America get a queen
@dleetr
@dleetr 21 күн бұрын
They've even got the privy on the maples. And you're right these could be called counterfeit currency, because they have a dollar denominated value. Even if they weren't it's still infringement of intellectual property.
@bhringer
@bhringer 21 күн бұрын
This has been going on for years with fake Canadian Toonies ($2). IIRC the last bust was accomplished by authorities tracking the online purchases.
@iamgabriel5823
@iamgabriel5823 21 күн бұрын
Seems like it should be illegal for Walmart to participate in the selling of counterfeit coin.
@patrickmurphy3179
@patrickmurphy3179 20 күн бұрын
Again, Walmart doesn't care. They can be fined one million dollars and that would be like me giving you a quarter out of my pocket change. "Nobody is above the law" yeah, right!
@curiousmax8531
@curiousmax8531 20 күн бұрын
Walmart is literal trash. So is Costco. They have ruined retail in this country. We need to get away from these monoliths of consumption and waste. Great video seeker!
@AndrewCummings-do2bz
@AndrewCummings-do2bz 20 күн бұрын
Who would ever think a maple is 11 bucks. People need to do their own homework too before buying.
@WestTexasStacker
@WestTexasStacker 20 күн бұрын
Thus is very true.. and reading the description.. clearing states silver plated.
@davidboswell5485
@davidboswell5485 20 күн бұрын
A friend of mine bought a lot from either Walmart or Costco. I looked at them. He said they were good. I told them they were fake. I brought in a bullion coin bought and certified by a reputable dealer. We compared, they didn’t match up. Several errors. He took the back for a refund.
@Jrome3
@Jrome3 20 күн бұрын
Shame on Walmart for getting these COUNTERFEIT COINS into circulation!
@MarkMphonoman
@MarkMphonoman 20 күн бұрын
I am a retired financial fraud investigator. I often investigated advance fee loan frauds by crooks who advertised easy loans in the classified section of newspapers. Consumers assumed because it was in the newspaper it must be legit. Wrong. And of course, the papers did no due diligence and refused to take any responsibility for running the fraudulent ads. They got an earful from me.
@anandpopat2549
@anandpopat2549 20 күн бұрын
Your right, WALMART DOES BOT CARE!
@wayne-oo
@wayne-oo 21 күн бұрын
Walmart has 1oz 2024 eagles for $35 !
@josephfraley4432
@josephfraley4432 21 күн бұрын
Thanks good to know.
@tomthumb4767
@tomthumb4767 21 күн бұрын
Real education right here .
@originalatogscoins
@originalatogscoins 21 күн бұрын
Walmart should be fined 1 million for each coin sold. They would think twice then.
@jamesbaker3313
@jamesbaker3313 15 күн бұрын
Exact same Canadian coins being sold on eBay. Took me weeks to get a refund but know they will turn around and sell them to someone else. No more auctions for me.
@jeffryan590
@jeffryan590 21 күн бұрын
if the price is too good to be true - ITS FAKE !!! Buy your bullion from someone you trust
@jake8077
@jake8077 21 күн бұрын
Thats why I buy FAKE bullion and SELL it at HIGH PRICES ..people always assume it real when you charge FUll price!! .... EASY MONEY
@davidhull7814
@davidhull7814 21 күн бұрын
SUCH AS YOUR LCS OR COIN SHOWS!
@Jrome3
@Jrome3 20 күн бұрын
A lot of people trust Walmart and don't know spot. That's the problem. Walmart is taking advantage of their uneducated customers.
@roblauritzen3447
@roblauritzen3447 21 күн бұрын
It also states that the coin is 25grm when it should be 31 grams Troy ounce
@doughnation984
@doughnation984 21 күн бұрын
I buy a lot of silver coins and rounds through Walmart (US) because they don't impose a surcharge for credit card purchases. They are third party sellers for some of the well known online dealers like Apmex and Pinehurst. I have not had any trouble with fakes and the receipts indicate who the third party sellers are. But this will make me more cautious.
@tjmmcd1
@tjmmcd1 20 күн бұрын
Amazing job investigating this! Where is the U.S. Secret Service, the agency that investigates counterfeit U.S. bills AND coins? We've seen companies that reproduce U.S. bills with a photo of Santa Claus, which is OBVIOUSLY not legal tender, but these fake coins could easily be passed on as REAL!
@kingglizzer
@kingglizzer 18 күн бұрын
Some 3rd party sellers should definitely get vented. 🤣
@72chrisashley
@72chrisashley 15 күн бұрын
As a Canadian collector, you would have to be an absolute moron to buy items like this from "Wal-Mart"!
@motorcityneedlearts-sy1dv
@motorcityneedlearts-sy1dv 20 күн бұрын
You can buy gold certificates in Canada at a bank
@ShakeyJake117
@ShakeyJake117 21 күн бұрын
I only buy from the large well known companies that sell on WM, like Ap and SD etc
@tryingtolivethedream5277
@tryingtolivethedream5277 21 күн бұрын
As someone who has and does buy bullion from Walmart (and Costco), I agree that Walmart does need to vet their 3rd party vendors. I only buy from "pro sellers" who are legitimate online dealers, like Apmex (I don't buy from Apmex; I only mention them because you did.) Many times, there are prices that are better than what they offer on their own sites. But also, there needs to be some caveat emptor on the side of the buyer. If you are seeing American Silver Eagles for a third of spot price or lower...chances are they are fake. If you are gonna buy from Walmart, or eBay, make sure the price is close to reality and that the seller is reputable!
@JoelLopez-ur2kb
@JoelLopez-ur2kb 21 күн бұрын
Good heads up 😀 t.y.
@beakfish7319
@beakfish7319 21 күн бұрын
costco is the only major retail outlet i trust to buy gold and silver from.
@jim8684
@jim8684 21 күн бұрын
The last coin in the video, the American silver eagle is a counterfeit of a LEGAL TENDER US COIN! I'm no lawyer, but I believe that if it is not advertised and/or stamped with COPY or similar then it is a FEDERAL OFFENSE to sell these in the U.S. Being that Walmart allows these sellers to peddle these and also to charge fees to the seller for the listing makes them civilly and/or criminally liable to the government. I believe that Walmart has an obligation to remove these listings and report the sellers to the government! This I believe is a pretty serious offense! Good video btw!
@L0rdS1rius
@L0rdS1rius 15 күн бұрын
I've gotten things from the storefront in jewelry, and it was layer determined to not be real as marked, so I dont doubt their claims..
@4funrc11
@4funrc11 21 күн бұрын
So, what was Wal-Mart's reply concerning this? Wait! What! They weren't contacted about it? Say it ain't so, Joe! Thanks for the heads up! 👍
@JFEnterprize
@JFEnterprize 20 күн бұрын
A New gold site is In progress to launch for peer to peer trading for metals. Gold silver swap. It’s only at sign up right now. It’s not complete. But the collectibles with premiums will be there and product apparently mediated by a well known dealer.
@nhgreg
@nhgreg 21 күн бұрын
Like most large companies, the moral compass is thrown away for the almighty dollar! Got scammed by a third party for kitchen supplies and Walmart will do nothing about it, they tell you to deal with the third party, who will not even respond after they have your money.
@daves2624
@daves2624 21 күн бұрын
It may be the Canadian Mint itself that is negligent in protecting it's product and brand, not Walmart or the fly-by-night manufacturer(s). The Canadian Mint has to get these asses into court ASAP.
@RichardRoche-c2w
@RichardRoche-c2w 21 күн бұрын
Even tried to get through to a Walmart Customer Supervisor … 20 minutes … no luck.
@jake8077
@jake8077 21 күн бұрын
I am a Customer Service Rep and I ASSURE YOU that OUR ENTIRE TEAM will answer all calls, nationwide!, AS FAST as they come in ..... both ME and BOB are on the phone all day
@JJj-sb5pz
@JJj-sb5pz 21 күн бұрын
I know, but thanks for the future stackers. They need to know this.
@richardhutchison3123
@richardhutchison3123 21 күн бұрын
Hell yeah! Call it out! Buyers beware!
@rachelrendish9019
@rachelrendish9019 18 күн бұрын
Walmart is also getting in trouble for selling fake Berkin purses.
@josephhodges9819
@josephhodges9819 21 күн бұрын
I would never buy something like this from Walmart when there are dozens of companies that professionally sell noting but bullion and coins.
@RobRuthi
@RobRuthi 20 күн бұрын
Many of those same companies are the ones selling bullion through Walmart.
@jacobg6528
@jacobg6528 20 күн бұрын
You tell em !!! 💀
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