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

Hello all you rich people, from My Gold, New Zealand's top rated

gold

buyers and bullion dealers, today we put together a little video for you to talk about the prevalence of

fake

gold

bars out there, so just by Look at these luxurious one ounce Swiss gold bars. Can you tell which ones are

real

and which ones aren't? Fakes are getting pretty good; However, there are some pretty clear

ways

we can

spot

them and tell you pretty quickly whether they are genuine or not, so buying the wrong gold bar can be a very costly mistake for investors -

fake

bullion is actually available. along with genuine gold bars today in the New Zealand trade, which is the equivalent of eBay's Craigslist or a bit like Amazon, so you know they're available and people have them, so a couple. of things we noticed early on and we'll tell you which of the fake bars is this bar here and this bar, but if we bring them a little closer to the camera here, you can see that they're actually pretty good. so, the bar on the left is the fake bar and the bar on the right is the genuine product.

First we look at the color of the gold. Overall, it's pretty similar. The product on the left is perhaps a little more coppery and if we look a little closer. with the minting there is a difference in the quality of the mintage which you will see with the matte finish and the glossy finish if we turn these bars over for a moment, the fake product on the back has quite a few scratches on the package. the one on the left is a little more coppery, which will become obvious why later, if we look at the packaging of these two fake bars on the left, the genuine bar in the correct package size has identical print quality, it's quite well and the one on the right, so the bar on the left is not as well made, even on the package on the back, they have a serial number engraved on the bar, however that serial number is not as clearly defined as the genuine product and The minting quality is perhaps even more obvious on the back, so a quick way to be able to pick up the fake bar here would be to use the Pam Swiss Veriscan app on your mobile phone and that will detect that product.

Right away, however, if you have an older Swiss Augmented Hemp product, you may not have this highly scanned technology. The next thing to look at with these bars is the thickness. There is a big difference in thickness between these two and the product on the right is genuine. and the product on the left doesn't have as many bar dimensions which are also quite comparable, so when they make a fake they obviously need to get the dimensions right, however in this case they went with the outside measurements, they clearly can't. to make it as thin as a

real

gold bar would be, so that it is potentially twice as thick so you can detect it on inspection.

The next quick way is to test a product potentially using a very strong neodymium magnet; however, in this case, it is appropriate. non magnetic won't be much help either so the next test we recommend has been essential would be an xrf test which any reputable gold bullion dealer would have a machine like that so this is the xrf machine we go for To make. Put the genuine Pam Swiss boosted bar here first and we'll show you what to expect from the results, so even though it's in the plastic packaging, you can sometimes get a little bit of what's thought to be a trace element here, for more direct whatever.

Far away, this shows that it is pure or 24 karat gold, which is why xrf machines are great; However, if an item is heavily plated, there is a good chance you won't detect it because we are only looking at a few microns below the surface. now we are going to test the pimp's fake swiss gold medal, we will show you what the results are instantly, this will come out as zero karat with a little bit of zinc, nickel, a little bit of gold and silver, and it tells us that too. That, uh, is probably plated, so that's an xrf in action showing us that that bar is not a genuine Swiss bar.

Another test you could do would be to use the gold screen box which uses electrical conductance to instantly check if an item is of the metal which in this case should be pure gold, so if we turn that on here, we choose gold to be set to be calibrated for gold and we will instantly see that it will appear in the reference range here for pure gold, a genuine bar. and that is that the fake bar is not even close, which instantly tells us a fantastic little machine, highly recommended, is available for purchase through mygold, naturally, perhaps one of the easiest

ways

to tell if a bar gold is genuine, it is not Take it to a reliable dealer like us.

My target is located in Auckland, New Zealand. We can help you test the product and tell you through various means whether a product is genuine or not. It's a bit of a quick method. employs to help you avoid buying fake products and prevent them from hitting your wallet, you must be very careful, I hope you enjoyed the video.