Rcm 1 Oz Gold Bar Fake
Today i cover the questions and concerns over the recent discovery of the fake rcm gold bar in ottawa canada by jeweler samuel tang.
Rcm 1 oz gold bar fake. The royal canadian mint rcm 1 troy ounce 9999 gold bar in assay card. The one ounce gold piece which was supposed to be 99 99 per cent pure was purchased by an ottawa jeweller on oct. The one ounce gold piece which was supposed to be 99 99 per cent pure was purchased by an ottawa jeweller on oct. Fake gold coins chinese counterfeit manufacturers are on the internet selling at wholesale price.
A direct comparison is made to. Each 1 oz gold bar is individually sealed in a tamper proof black assay card featuring a unique serial number along with the signature of the mint s chief assayer certifying the gold bar s content and purity. Production of counterfeit gold coins and bars is a thriving industry in china. Royal canadian mint stamped gold wafer appears to be fake.
Also the australian counterfeit consumer commission. The royal canadian mint is investigating how a sealed pure gold wafer with proper mint stampings may in fact be a fake. The royal canadian mint has described the sale of a counterfeit one ounce bar as an isolated incident but. There is the odd piece about fake gold popping up across the market.
As noted just recently the royal canadian mint came under suspicion for a fake 1 oz gold wafer. But while there might be a surprising story in the news once and awhile instances of fakery are actually super rare in the precious metals industry. Link to our site with th. So it does happen.
The issue of counterfeit bullion products made international headlines earlier this week when a fake one ounce bar was sold to an ottawa based jeweller by royal bank of canada. This video shows a fake 1 oz gold bar and then goes into the details of what consumers can do to help to verify authenticity. Fake gold china s thriving criminal industry. The fake gold bars listed by starpower18 sitting in my addidas shoe box next to me sold within 5 hours for 1 249.
Yet tests of the bar show it may contain no. Inside a chinese coin counterfeiting ring and china s latest export boom. 18 at a royal bank of canada branch. The photo of all counterfeit bars were wired to ncic doug davis perth mint australia and pamp suisse switzerland.