I was sold a FAKE GOLD COIN and this is what happened…..

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18 thoughts on “I was sold a FAKE GOLD COIN and this is what happened…..

  1. I've used Atkinsons on numerous occasions and have been very happy with the service. Also I must big up Bleyer bullion on my silver purchases, always a hassle free experience both buying and selling.

  2. It’s really tough to be a stacker or coin collector in your neck of the woods. Here in the USA I’ve only got to worry about five or six different kinds of coins. You’ve got to worry about thousands

  3. Why would you buy this foreign coin, that is not well known in the US.
    Where as, an American Golden Eagle is know and recognized planet wide.
    Never buy Gold anything in the mail, when you can't verify that it is real when you receive it.
    I would go hysterical, if this ever happened to me.
    A PM dealer should have know that it was a fake, by examination of every gold coin he sold.
    Your PM dealer should never be trusted or used ever again.

  4. Getting it returned and refunded? How about getting law enforcement involved and saving the "Here's what's wrong with your fakes and how to fix them THIEVES!" videos and posts all over the Internet sounding the "alarm" and giving the crook(s) way more help than anybody else?

    A true test of a business in any aspect of buying and selling "collectible" and "valuable" trinkets to buyers with more dollars than sense when it comes to "investments" is whether or not they sell fake "collectibles" in the first place and how they respond to address THAT issue instead of how well they reel the fake back in, pay off the way-too- "No big deal!" customer/promoter/protector and be a little suspicious of a business taking your word that its a fake and expediting the "refund" without having the fake in their custody and apparently unable to verify its "authenticity" anyway and with the customer covering their asses for them and proposing RIDICULOUS "theories" NOT on/for a fake got through the "supply chain" to him but WHAT KIND OF FAKE IT IS.

    Jeweler's restrike? You coin collectors/experts that believe and repeat or at least REPEAT and PROPAGATE complete bullshit like "striking" to "mint" coins when coins are called coins because the process used to turn metal strips into finished coins isn't something you do with a freaking hammer and "strking dies" no matter what YouTube videos and Wikipedia say. And the SOFTER the metal, the more complex the coining process. Its a DENSITY thing too. Without modern, super-expensive and super powerful progressive coining presses and "dies" that "draw" a much smaller, thicker "blank" out into a coin by applying enough pressure to extrude and almost "mold" the coin in one "strike" that is really just a quick "shove" from the press once in contact with the dies but a several hundred ton shove in the blink of an eye, casting or sintering or CNC-milling a "coin" is the only way you're going to "mint" gold and silver "coinage". And since none will produce new "uncirculated" anybody but a "STACKER" stupid enough to buy coins or fancy ingots or bars to get BULK "precious metals" and they're obviously EASY to bend over with "old" coins and will go online and give the crook(s) a heads-up with BRILLIANT LOGIC AND JUDGMENT IN CHOOSING TO ASK FOR "HELP" WITH A FAKE GOLD COIN PURCHASE "MYSTERY" AT A SILVER FORUM, WHY NOT MAKE BRAND-NEW "OLD" COINS AND USE A ROCK/CASE TUMBLER AND THE RIGHT CHOICE OF POLISHING MEDIA TO KNOCK OFF THE CASTING/SINTERING/MILLING FLASH AND BURRS AND "STRUCK" EDGES TO GIVE THEM SOME "POCKET PATINA" AND THROW ONE UP ON YOUTUBE AND SEE IF IT PASSES MUSTER, MAKE A "OOPS!" VIDEO "PUBLIC SERVICE ANNOUNCEMENT" FOR THE OTHER CROOKS INVOLVED, CALL IT A MISTAKE AND PLAY IT OFF AS A "PACKAGING" ISSUE AND "SUGGEST" THAT IF YOU'RE SOLD FAKE "COLLECTIBLES" AS LONG AS YOU GET YOUR MONEY BACK FROM A "NO RETURNS" RETAILER, EVERYTHING IS A-OK IF YOU'RE WANTING TO BE A "BACKYARD BULLIONAIRE" AND HAVE A LITTLE "STAKE" IN ONE OR MORE "RETAIL" ENTERPRISES SELLING FANTASY TO FOOLS FLR FUN AND PROFIT?

    WHERE EXACTLY DID "SPOT" MAKE THAT BIG JUMP? THE LME OR THE RETAILER'S "SPOT PRICE" WEBPAGE?

    YOU BUY A FAKE, HAVE "CONTACTED" THE CLOSED RETAILER AND HAVE MADE SURE THE "SILVER FORUM" IS FULLY UP TO SPEED ON THE GOLD COIN "MISTAKE" YOU BOUGHT AND AT SOME POINT "SPOT" SPIKES AND IT OCCURS TO YOU SINCE ITS "REAL 22 KARAT" YOU COULD SELL THE "MISTAKE" BACK TO THE SOURCE AND EVERYTHING WOULD BE PEACHY.

    INTERESTING BUSINESS AND PERSONAL "ETHICS" YOU'VE GOT. JUST LIKE EVERY OTHER "STACKER" ONLINE WITH NO VISIBLE MEANS OF SUPPORTING HIS VERY "DIVERSE" AND EVER-GROWING-DURING-SPIKING-PEAKED "SPOT PRICE" WHO IS ALTERNATELY JUST A REGULAR GUY "STACKING" FOR PURELY ALTRUISTIC AND HONORABLE AND PERSONAL "SECURITY" PURPOSES WHO IS ONLY TOO HAPPY TO PUBLISH VIDEO AND EXTENSIVE AND EXTENSIVE AND EXHAUSTIVE COMMENTARY ON HIS PILE O' PRECIOUS METAL AND HIS "STRATEGY" FOR HOW TO TURN WORTHLESS PAPER "FIAT CURRENCY" INTO AS MUCH "PRECIOUS METAL" AS POSSIBLE WITH AS MUCH "CASH VALUE" IN UNITS OF "FIAT CURRENCY", I'D TRUST YOU AND YOUR "HOBBY" AND STRATEGY AND YOUR "EDUCATIONAL" VIDEOS AND JUDGEMENT ON "INVESTMENTS" ABOUT AS FAR AS I COULD THROW YOU.

    ALL THE "STRATEGISTS" WHO STARTED "STACKING" AFTER GOLD HIT $400-$500 AND SILVER HAD TRIPLED AND THOSE WERE THE "EARLY BIRDS" AND THE WHOLE TIME AIN'T NOBODY "OUT OF GOLD/SILVER" AND IN FACT THERES JUST MORE AND MORE WAYS TO "STACK" SO STACK THEY DO AND THEN…..LOOK AT THAT STOCK MARKET AND THINK OF ALL THAT "FIAT CURRENCY" TRADED AWAY FOR "PRECIOUS METALS" STILL DOING NOTHING BUT "STORING VALUE" BY THE BILLIONS OF OUNCES WHETHER BULLION OR BRACELETS OR BIG GOLD TEETH OR BARS AND BARS BY THE HUNDREDS IN "VAULTED GOLD" OR STILL BURIED IN THE GROUND BECAUSE ITS TOO "CHEAP" TO ADD TO THAT "PILE" WARREN BUFFET TALKED ABOUT AND SAID WAS "ALL THE GOLD EVER MINED" AND OF COURSE GREEDY. SPOILED, NAIVE AND KNEE-JERK "MILLENIALS" WHO THINK JUST BECAUSE THEY LEAD "DISPOSBLE" LIFESTYLES AND HAVE NO CONCEPT OF EARNING MONEY VS. MAKING MONEY AND WERE "INVESTING" IN SOMETHING "AGELESS" AND "PRECIOUS" AND "INTRINSICALLY VALUABLE" FOR THE FIRST TIME EVER, HOWEVER LATE THEY WERE TO THE STATION, THE PRECIOUS METAL MONEY TRAIN WOULD JUST ROLL ON THAT MUCH LONGER.

    I GUESS THEY DIDN'T "GET" THE ONLY REASON THE ORACLE OF OMAHA KNOWS THE SIZE OF. THAT "PILE" IS BECAUSE ITS STILL "SITTING THERE" AND IS "TRADED" EVERY DAY. OR AT LEAST THE "FUNGIBLE" PORTION OF IT AND WHAT IS IN "BULK" AND BIG ENOUGH CHUNKS AT "RAW MATERIAL" PER-50 LB. "BAR" PRICES. BAR STOCK, THAT IS. ROUND BAR STOCK AND ALREADY ALLOYED WITH SILVER OR COPPER OR WHATEVER THE "BUYER" WANTS/NEEDS "INDUSTRIAL GOLD" TO BE RIGHT OUT OF THE GATE.

    OF COURSE SILVER IS "WORTH" WAY MORE THAN GOLD FOR "INDUSTRIAL" PURPOSES AND THE REASON GOLD IS "PRICED" SO MUCH HIGHER IS ITS PAYING FOR SILVER MINING AND PRODUCTION WHERE GOLD IS A "BYPRODUCT" MODERN SILVER EXTRACTION BY ELECTROLYSIS SEPARATES AND PRECIPITATES OUT "FREE OF CHARGE". A TON OF HIGH-GRADE "SILVER ORE" WILL YIELD ABOUT 75-85% "PURE SILVER" AND 15-25% "PURE GOLD" AFTER THE QUARTZ AND OTHER "TRACE" ELEMENTS ARE OUT OF THE WAY. PERCENTAGES VARY BECAUSE THEY DON'T PISS
    AWAY TIME AND MONEY "REFINING" METAL THAT'S "GOOD ENOUGH" TO "THREE NINES" OR "FINER" MUCH PAY LESS PAY A "PREMIUM" FOR "PURE" GOLD AND SILVER "REFINED" AT LEAST TWO ORDERS OF MAGNITUDE PAST "PURE" AND SOME OF EACH JUST TO ALLOY THEM BACK TO ABOUT HOW THEY WERE CONCENTRATED AND "MIXED" TO START WITH.

    BUT HEY, MAYBE THIS "MARKET BUBBLE" WILL BE THE ONE WHERE THE GLUT OF SUPPLY WON'T STILL BE THERE AND THEN SOME AFTER THE "DEMAND" DUST SETTLES AND IT TURNS OUT "SPECULATORS" THAT ARE ABOUT "1%" OF. CONSUMERS AND "INVESTORS" BUYING 90% OF "PRECIOUS METAL", WHICH IS "INFINITELY MORE" THAN THE 90% WHO BUY NONE AND 1000% MORE THAN THE 9% WHO BUY THE OTHER 9% AND USUALLY ARE SMART ENOUGH TO "DIVERSIFY" THEIR INVESTMENT AND "MANAGE RISK" BY DECIDING WHAT THEY CAN AFFORD TO LOSE OUT OF "PETTY CASH" THEY HAVE FOR A RAINY DAY, ETC. AND INVEST HALF ASAP AND IF AND WHEN THEY "DOUBLE" THAT, HALF COMES OUT AND GOES BACK WITH THE OTHER HALF AND BACK IN THE RAINY DAY FUND LE

    THE "50% PROFIT" THEY "REINVEST" AND IF IT "DOUBLES" OUT COMES "HALF". ESPECIALLY "INVESTING" IN A "HEDGE AGAINST INFLATION" THAT CAN'T "INFLATE" BECAUSE ITS "PRICE INCREASE" IS A RESULT OF ITS OWN "DEFLATION".

    WHICH IS WHAT YOU POOR LITTLE MILLENNIAL "ECONOMISTS" DON'T "GET" BECAUSE YOU HAVEN'T "LIVED" THROUGH ANY REAL "FINANCIAL CRISES" AND DON'T KNOW WHAT "INFLATION" IS AND DON'T EVEN KNOW A "BUBBLE" WHEN YOU'RE LIVING IN IT AND BLOWING IT UP WITH YOUR OWN HOT AIR.

    TRUST ME. GOLD DIDN'T GO FROM $200ISH TO $1200ISH OF A DOLLAR "COLLAPSE". INFLATION IS TOO MANY DOLLARS CHASING TOO FEW "GOODS". OBVIOUSLY PLENTY OF "PRECIOUS METAL" AROUND.

    AND SINCE A DOLLAR BUYS AS MUCH OR MORE GASOLINE OR GROCERIES OR HOME OR MORTGAGE OR NEW GOLD JEWELRY OR SILVER SOLDERTODAY AS IT DID WHEN GOLD FINALLY LEFT $200ISH 10+ YEARS AGO AND TRIPLE OR QUADRUPLE WHAT IT BOUGHT 35+ YEARS AGO DURING THE LAST GOLD "RALLY", THE "WEAK DOLLAR" IS THE ONE YOU "STACKERS" HAVE CREATED THAT'S "WORTH" 1/1200TH OZ. OF GOLD.

    BUT IF HISTORY CONTINUES TO " REPEAT" ITSELF IN 35-40 YEARS YOUR GRANDKIDS CAN BUY YOUR "STACK" AT "SPOT" AND YOU'LL GET THAT $10,000 OUNCE AND THEY'LL FUND YOUR RETIREMENT LIKE YOU'RE DOING FOR YOUR GRANDPARENTS. OF COURSE THEY PROBABLY BOUGHT AT $50 AND GOT A WAY HIGHER RETURN.

    HAPPY STACKING!

  5. This is why I only purchase Gold Eagles, Maples, and Kruggerands from the mints. I do work with LCSs and coin dealers for silver or special collector's pieces but that is always in Silver. Glad the company is decent though.

  6. Good that they sorted it out but , this should not have happened and they need to reviewtheir quality control.

  7. I know this feeling. I bought a 10g Degussa bar of Ebay recently, its sealed, weighs 10.3g in the plastic and passes the magnet test. Still it doesn't look right to me but I'm too afraid to get it tested in case I've wasted 500 bucks.

  8. Atkinson’s are my go to dealer. Regardless of their positive response to this error, the fact remains they sold something that clearly wasn’t as advertised. They should’ve known… the person responsible should be sacked. If we can’t trust the big dealers then we may as well just buy off eBay and have done with it.

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