![]() “If one didn’t handle these items regularly, such as the retail buyer, they would be very easy to accept as authentic based on the visual appearance and manufacturing quality of the packaging / tamper resistant card.” “The thing that struck me the most was that the quality of the packaging was so good - pristine,” Fisher said. 9999 fine gold.įisher said he was not only surprised by the appearance of the fake bars, but the counterfeit packaging as well. The counterfeit is thicker to bring the weight close to what it is supposed to be for a genuine piece, indicating that the composition is not as dense as. Genuine bars measure 3.35 millimeters thick versus 5.05 millimeters for the counterfeit, Fisher said. The thickness of the fake bars may be the most obvious diagnostic. No determination has been made as to exactly what is the composition of the counterfeit bars, so it is unknown whether they are composed of a base metal or metals with a plating of gold or gold-colored metal. No arrests were made and an investigation is ongoing.įisher said the fake PAMP bars weigh within a half gram of the 31 grams a genuine bar is supposed to weigh. ![]() Several days later, the couple returned seeking payment for the first three bars and to offer additional PAMP bars, along with 1-ounce gold bars purportedly produced by The Perth Mint in Australia.īroward County Sheriff’s deputies were at Fisher’s office when the couple arrived, Fisher said he had contacted authorities after learning the bars were fake. Get our free report: How to Invest in Rare Coins The couple claimed to have owned the bars for some time, Fisher said.įisher said he accepted the bars “on memo,” delaying any payment until the bars could be properly authenticated.įisher said he forwarded the bars to a wholesale distributor for examination who determined the bars to be counterfeit. ![]() 16 trying to sell three purported 1-ounce gold bars bearing the PAMP hallmark and Lady Fortuna designs. John Fisher, president of Fisher Precious Metals, told Coin World a couple came to the firm’s office the afternoon of Feb.
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