How to Spot Fake Gold & Silver Bars

Earlier in the week this story of a fake 10 Oz gold bar found in Manhattan’s jewelry district hit the web.

If you’re worried about your gold or silver, there is an easier way to spot a fake than drilling into your bars. Ultrasonic gauge thickness testing.

This TV clip shows the fake gold bar.

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Frightening, but there is no need to drill into your bars.

This video demonstrates how ultrasonic thickness testing can spot a counterfeit silver bar.

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And the same technology works on gold bars as well, as demonstrated here.

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A quick google search tells me that a nice new ultrasonic thickness gauge will cost you somewhere between $1k-$2k with cheaper options available on ebay.

 

Posted by Julia Dixon

Julia Dixon is the editor of DGCMagazine and is responsible for the quality of all content and produces a large amount of original content for the site. Julia holds a bachelor’s degree in Economics and is an avid student of Austrian monetary theory, with her favourite being the works of Murray Rothbard.

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