Caution Before You Buy!
Investing in bullion can be a fantastic way to diversify your portfolio, but it’s important to make sure that the bullion you’re purchasing is authentic. Unfortunately, there are a lot of fake bullion coins and bars out there, so it’s important to know how to identify a counterfeit. Here are some tips on how to make sure your bullion is real.
Check the Weight
One of the easiest ways to identify a fake bullion coin or bar is to check the weight. Bullion coins and bars are produced in standardized weights, so if the weight is off even by a few milligrams, it may be a counterfeit. If you’re buying from a reputable dealer, they should have a digital scale that can accurately measure the weight of the bullion.
Look at the Design
Another way to identify a fake bullion coin or bar is to examine the design. Most reputable dealers will have detailed images of the coins and bars they are selling, so compare those images to the bullion you’re purchasing. If there are any discrepancies between the design on the bullion and the images, it’s likely a counterfeit.
Check the Serial Number
Many bullion coins and bars have a serial number stamped on them. If the serial number on the bullion doesn’t match the serial number in the dealer’s records, it could be a counterfeit.
Check the Authenticity
One of the best ways to make sure your bullion is real is to have it authenticated by a professional. A reputable dealer should offer authentication services, so take advantage of them before you make your purchase.
Buying bullion can be a fantastic way to diversify your portfolio, but it’s important to make sure the bullion you’re purchasing is authentic. Make sure to check the weight, design, serial number, and authenticity of the bullion before you make a purchase. Doing so will help ensure that you get the real deal.
Reference: Author: BullionBulldog.com 15-09-2023 All rights Reserved – This Article May Not Be Reproduced Without Prior Written Permission from The Author.