Author Topic: Fake Tungsten Gold Coins  (Read 1427 times)

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Offline NBM

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Fake Tungsten Gold Coins
« on: June 12, 2014, 03:59:12 PM »
Quote has discovered a fake Gold Eagle one ounce that passes the tests for weight, size and thickness. Our GoldCoinBalance Guarantee has always stated that we would pay the spot gold price for any gold coin that passes all three tests of the GoldCoinBalance. We were so confident in our product’s ability to spot the fakes we offered this guarantee. However, we recently received a coin and letter from a customer who had purchased a Gold Coin that passed the tests, but was a FAKE Tungsten Coin. So unfortunately, we can no longer buy Kugerrands or American Eagle Gold Coins that pass the Goldcoinbalance tests. Someone is making Tungsten core fake coins that do pass the test!!!  Buyer Beware!!

Offline pandamonium

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Re: Fake Tungsten Gold Coins
« Reply #1 on: June 12, 2014, 08:32:22 PM »
Is there a hand held device that will tell the metal content of coins?   I think NGC uses one and i saw photos of it awhile back.  Looked it up online but no info.   If there is a device like that, then new technology can beat new technology fakes...........

Offline Contrapunctus

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Re: Fake Tungsten Gold Coins
« Reply #2 on: June 12, 2014, 10:14:52 PM »
Hope PCGS and NGC read this!!!