Three Fakes - from London Coin Show

[BackyardBullion]

Give that panda a dip in some water

 

[Seasider]

The Temple side of the Panda does not look right to me - looking at the pattern in the carpet.

Surely the dealer would replace or refund you for the fakes?

[Bullionaire]

Panda looks too thick to me

[SouthCoastInvestor]

yes, panda is too thick, meant to be 2.98 mm.

This one is silver colour metal on the inside, not a plated coin.

definitely one of the fake ones, I have researched it more.

 

[blackadder]

Is there no way to contact the dealer,or where you bought them from? before destroying them hehe 🤣

gotta wonder how much more of his stock is fake,for you to pick out three random items and them all be fake.

he would have known he's selling fakes.

[Lowlow]

8 minutes ago, blackadder said:

Is there no way to contact the dealer,or where you bought them from? before destroying them hehe 🤣

gotta wonder how much more of his stock is fake,for you to pick out three random items and them all be fake.

he would have known he's selling fakes.

My only thing about whether he knows or not is ... what kind of moron would try to pass off fakes in person at an event.  I mean you'd have to be some kind of complete idiot to do that.  It isn't like these ebay scammers who are doing it from afar, through the mail, with weird payment arrangements, etc ... the guy is right in front of you, minutes away from the nearest police station.  Either way you look at it the dealer is stupid ... either too dumb to know that they themselves had been taken and didn't bother to check their own stock before selling it, or stupid enough to think they'd get away with it.

[blackadder]

1 minute ago, Lowlow said:

My only thing about whether he knows or not is ... what kind of moron would try to pass off fakes in person at an event.

you'd be surprised 🤣 smaller coin fairs i bet it happens alot.

[TerryGriffiths]

How much did you pay for that Panda coin?

[Martlet]

The detail is wrong, it should be clear but shallow.  The lines of Kook feathers are too deep, the Panda fur too deep with not enough lines.  Same with Queens hair, it should billow not sharp, impressionist lines.  This is the first tell tale sign. I have a couple of fake sovereigns, the reverse looks great but as soon as you see the observe its obvious its not right.

[flim]

fake panda is just too obvious, decorated with bamboo leaves as fur

do the fake come in any capsules ?

metals alloys smell bad

silver got no smell

 

[Stu]

5 hours ago, flim said:

fake panda is just too obvious, decorated with bamboo leaves as fur

do the fake come in any capsules ?

metals alloys smell bad

silver got no smell

 

Thanks , I've not heard this point before.

Think I'll go and sniff my stack now. Mrs thinks I'm strange enough already.😀

[Goldhooked]

8 hours ago, Lowlow said:

 ... the guy is right in front of you, minutes away from the nearest police station.

In the UK it is very very unlikely that the police would get involved.  They would tell you it’s a civil matter and to deal with it through the civil courts.  You might be able to get an organisation called Trading Standards involved but they are generally understaffed and often toothless.

It could be reported to Action Fraud who would pass the report on to the relevant Police Force but again, the police are unlikely to even investigate.

Welcome to modern Britain and its underfunded police force!

[SILVERFINGER]

I personally would of taken a small magnet and tested anything I was going to buy, even when I buy stuff from trusted dealers I check it all as soon as it comes, the guy who bought a gold bar direct from the Canadian mint and had it tested like everyone he bought, found it to be fake, and an employee had been switching them.

[SouthCoastInvestor]

21 hours ago, TerryGriffiths said:

How much did you pay for that Panda coin?

I bought several coins and negotiated a price for the lot, can't remember how much I paid, it was a couple of months ago.  Would have been around £16 per oz,.

[SouthCoastInvestor]

The other coins I bought from that dealer are genuine as far as I can tell, but those three fakes.

I also bought some earlier-year Kookaburras from him, I need to check the dimensions of those for peace of mind, but they seemed OK with the magnet test. If there are more fakes among those I will be really angry.  

I don't know the name of the dealer, if I see him again I will have words.

I just assumed that a dealer would carefully check all coins.

I got carried away by the opportunity to grow my collection with reasonably-cheap bullion coins from the "bargain buckets", but in future I will be much more careful.

I did actually have my suspicions about the Panda when I examined it on the train on the way home from the show.

[dicker]

The Kookaburra’s eye doesn’t look right....and some of the plumage on the neck looks different to the one I have (bought at the Perth Mint). 

Best

dicker

[STONE]

On ‎09‎/‎11‎/‎2018 at 14:29, SouthCoastInvestor said:

ok, here is #1 - the obviously-fake Scottsdale bar. The magnet sticks to it, the troy weight is very close though

 

Have you contacted Scottsdale silver?  I am sure they would be interested in this situation...

[STONE]

When you put the fake next to a real one you can start to spot the inconsistencies'...

 

[STONE]

"I will be taking my magnet with me next time."  Excellent idea! But I would suggest getting a larger more powerful one. (N52) Here is the one I use.

 

https://www.kjmagnetics.com/proddetail.asp?prod=DX48-N52&cat=168

[HelpingHands]

Just don't put it in the same pocket as your phone.

[STONE]

Agreed! And watch your fingers when you go to stick it back on the refrigerator!!  I lost some blood last summer...

[flim]

put the magnet inside a small plastic bag.and stick it on a tin box or can

for the 1 oz bar, it is worth to carry your air-tite capsule to fit for testing 

[jonrms]

You can buy small picket slides. I gave one away on my YouTube channel ages ago.