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Get Your Fake Tungsten-Filled Gold Coins Here
In the aftermath of the recent stories about Tungsten-filled 10 ounce gold bars discovered in midtown Manhattan, there have been two broad sentiments expressed by the precious metals community: i) that this is as many have expected, and that of the physical inventory in circulation, much is fake (particularly that held in official hands, either via ETFs or in sovereign repositories which for various reasons still can not be publicly assayed) and ii) is the comfort that while it is relatively easy and cost-effective to use tungsten to falsify larger gold bars and bricks, those who own primarily gold coins are safe as for some reason, it is less economic, feasible or widespread to counterfeit smaller precious metal denominations. Sadly, while i) may be true, ii) is patently false. The proof comes courtesy of a firm called ChinaTungsten Online which proudly markets its broad "tungsten-alloy services" including, you guessed it, the gold plating of various tungsten formulations among them "gold" bricks, bars and, yes, coins. Oh did we mention a Chinese company openly advertizes its tungsten gold-plating and precious metals replication services, something which the tabloid media's CTRL-C/V majors openly mock as improbable conspiracy theory. Well, as they say, it is only conspiracy theory until it becomes conspiracy fact.
From the website's Tungsten Heavy Alloy Scan Gold Coin section:
Tungsten is the only lower value metal that has a specific density close enough to gold to fabricate passable counterfeit pieces of the same size and weight as genuine Pictures of tungsten fake gold coins and ingots. Over the years, there have been a few isolated reports of smaller tungsten fake gold coin found to have been drilled to remove some of the gold which was replaced with tungsten. However, tungsten fake gold coin is far more profitable to fabricate larger original bars of tungsten that are then scanning gold.
Because the existence of counterfeit tungsten fake gold coin could have such a huge impact on the financial markets, there is a huge potential for deception and misinformation to be passed around. Be very careful about automatically believing any story you may hear. For your own protection, tungsten fake gold coin would be better to take physical possession of the smaller sizes of tungsten fake gold coins and now, and know that what you own genuine solid tungsten fake gold coin. [ZH: reread that sentence: "genuine solid tungsten fake gold coin"]
Notice: Chinatungsten Online (Xiamen) Manu.& Sales Corp. is a very professional and serious company, specializing in manufacturing and selling tungsten fake gold coin and other tungsten related products for more than two decades. We are a professional tungsten fake gold coin manufacturer. Our tungsten gold fake coin is only for souvenir and decoration purpose. Here we declare: Please do not use our tungsten fake gold coin and other fake gold coin products for any illegal purpose. We can provide all kinds of tungsten fake gold coin as your requirements.Our tungsten fake gold coin products are qualified.
Pictures of Tungsten Fake Gold Coins:
Therefore, if you are interest in tungsten fake gold coin, please feel free to contact sales@chinatungsten.com, or telephone 86 592 512 9696.
Well at least the company that markets itself as proving "all kinds of tungsten fake gold coin" has extensive disclaimers. The point is that anyone wishing to, can procure tungsten-plated gold coins with one simple telephone call.
Of course, for those for whom gold coins are not enough, the Chinese firm is happy to provide every other imaginable formulation. Such as Tungsten fake gold bars:
Detecting a high-quality tungsten fake gold bar would be extremely difficult. It would likely require significant and material alterations to the bar being tested and this would negatively affect the marketability if its hallmark veracity were vindicated. Some applications require the tungsten to be fake gold. The main reasons for tungsten fake gold bar are to protect the wire from corrosion or to solder it to other metals.
Besides, tungsten alloy products could also made as tungsten fake gold bar which posses a better electric conductivity, and contribute greatly to the world industry development. Also tungsten fake gold saves the energy and poses no pollution threat to the environment and thus to achieve a sustainable development.
Notice: Chinatungsten Online (Xiamen) Manu.&Sales Corp. is a very professional and serious company, specializing in manufacturing and selling tungsten fake gold and other tungsten related products for more than two decades. Our tungsten fake gold product is only for souvenir and decoration purpose. Here we declare: Please do not use our gold-plated tungsten alloy products for any illegal purpose.
Pictures of Tungsten Fake Gold Products
There are many more options, for those who are so inclined, to reinforce their inventory of gold-plated tungsten products on the company's website. And naturally, in addition to the bolded applications of tungsten gold bars, one can conceive of some more. Especially in verticals in which the actual end product does not exist, and all that does exist is a receipt claiming gold is at the end of a rehypotehcation chain. One wonder how many invoices CIF Liberty 33 or various other gold ETF secret "warehouses" one could find upon rummaging through the garbage behind the firm's headquarters in Xiamen.
With all that said, perhaps the best use of the abovementioned services would be for a contingency case in which the government of country X, Y and/or Z were to decide to replicate a certain 1930's executive order in a global coordinated attempt to devalue the fiat system not on a relative basis, something which fiat printers are more than capable of, but on an absolute basis by confiscating all the gold in circulation. It just might make such a confiscation more complicated if all the usual suspects were to hand over to said governments not gold but gold-plated Tungsten, which in turn would make the endgame, i.e. the terminal currency devaluation of fiat, that much more problematic.
It would be truly ironic if in the end the same Tungsten that is now the bane of precious metals dealers everywhere would be the reason why central bank X, Y and/or Z was unable to destroy its currency sufficient fast.
Note: Zero Hedge does not advise, encourage nor endorse its readers to hypothetically exchange their gold inventory for a comparable but worthless yet prominently positioned inventory of "rehypothecated" pseudo-equivalent products - note that only bankers have been known to rehypothecate valuable assets into worthless liabilities - in advance of an even more hypothetical physical gold confiscation order endorsed by the authorities.
h/t SilverDoctors
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Who's plating cadmium with silver these days?
more's the pity. some day i will turn against
everything and live my life the way i knew it
was to be lived when i was 5 years old.
Who gets to hold you in their lap and read you a story?
You volunteering?
never mind.
but maybe there is this?
.
http://jessescrossroadscafe.blogspot.com/2012/09/robert-johnson-economis...
.
26 September 2012
Robert Johnson: Economists As Marketeers for the Monied Interests
"Economics is a disgraced profession because of the actions of a few that were tolerated by many, too often for the sake of grants, appointments, and academic timidity.
I would not give many of the Wall Street friendly economists too much credit for an obsession with abstract thinking and even dogmatic blindness, but much moreso a willingly cynical preoccupation with temporal honors, prestige, power, and money handed out by the financial interests in a bubble economy of their own creation.
And there is a fitting emblem for this hubris, the cult of the self, with the long tenure of Alan Greenspan at the Federal Reserve.
A bureaucrat who is in a position of power for far too long can become a debilitating influence not only on their particular area or department, but on a profession as a whole. One might think of it as the J. Edgar Hoover syndrome." jca
Re a Chinese company openly advertizes its tungsten gold-plating and precious metals replication services
One could be forgiven for thinking that there might be a chink in the goldbugs armor...
Even the gold that is taken out to make these fakes is still storing purchasing power for somebody.
It actually makes the "gold bugs" case stronger.
"Don't use them for any illegal purposes"
That's like brass knuckles being sold for paperweights, only.
Why the fuck would anybody gold plate a tungsten bar if it wasn't gonna be for the "Salted of the Earth Project" or "Warframing" somebody?
Sure as hell ain't gonna try set it on fire on the Treasury Building's steps, ring the doorbell and hope Timmah runs out to stomp on the shit...
Oh waaaaaaaaaaaaaiiit...
That one hurt a little huh...
Another interesting idea: wrap your gold bars in tungsten. If anyone asks why you keep tungsten bars, just tell them you were the victim of a gold bar scam. After peeling off the gold, you kept them for sentimental value. Who would check a tungsten bar to see if it was actually gold?
Fuck ! I'm going to have a hell of a time getting my gold from the bottom of the lake so I can test it!
The chocolate ones get eaten by bottom feeders.
So, it's illegal to print your own dollar bills, except if you're Ben Bernanke, but it's OK to produce fake gold coins? The real coins of which are vastly more valuable than any paper currency. That only makes sense when I consider who would benefit the most from undermining precious metals so flagrantly...Central Banks!
dear cto please send me your latest catalog on coin melt look gold bars, your 400 oz good delivery bars were outstanding , Dewy Chetam ,Janitor fort knox depository
All the real "xau", is sitting at the bottom of the ocean in undiscovered "Spanish Galleons".
Wake me up when the Chinese turn the gold I bought in the ground into tungsten.
Oh and silver bitches
It's easy to blunt the effect of Gold Bars in quantity of the picture shown.
Just have the quantity verifiable by your smelter and their authorities.
Make the contract valid only if they observe your remelting down the bars into your own bars. and agree on the weight processed.
I think a couple large deals were done this way.
Exactly. Why aren't people mentioning the one and only foolproof test which is to "melt the damn whatever and re-pour in into your new bars suitable for testing." Then you find out what was in there. I suppose Tungsten solids would remain solids and be removable from the melted gold, powder IDK how that would melt?
gold melts at 1945F
tungsten melts at 6150F
What does paper burn at? Ray? Ray B?
Well we all know which bars to turn in when confiscation comes around.
Reposting my earlier comment from the original story on the tungsten-filled gold bar:
"In addition to weight, diameter & thickness, I have been checking the sound frequencies in my gold AE's--as an added fraud detection step. I got an app for my android phone called Speedy Spectrum Analyzer ($5) which measures the various frequencies of the coins. Simply turn on the app, twirl your gold AE on a hard surface (eg, marble countertop, concrete floor, etc), and look for the correct frequencies to display on your phone's screen. I've measured 24 gold AEs this way (ranging in dates from 1990 - 2008) and the frequencies are remarkably similar. There are 5-6 peaks around these frequencies: 4.7Hz, 8.3Hz, 10.6Hz, 17.6Hz, and 18.15Hz (all frequencies given here have plus/minus .1 or so). It's just another tool to use to verify your AE coins are legit."
Death to counterfeiters.
ok. Gordian knot time. when you sell or buy
the item should , bad word but let's move on, be
cut, as with an axe, in two so the internals can be viewed with the naked eye. that is the naked eye
proof or test. does a number on the numismatics but
hell is here. what did you think hell would be like
anyway?
we can deal with it
If you can cut something in half which is a great idea, you can acid test the internal exposed part, which test would be pretty foolproof.
(warning-- acid for this method is extremely dangerous "acid" and not to be trifled with)
Visual test pretty worthless, I would only trust the eye of a multi-year expert
Not sure it would work, but the Archimedes principle might make things simple. I know tungsten is similar to the density of gold. Might work on a ten oz bar but you would have to have some sophisticated scales for a 1 oz or less. Put the scales in water and the displacement for a solid gold bar should be different from a "salted" bar. The solid gold will weigh more in the water than the salted one.
Just a thought. Might work and might not. If I had a salted bar I could test it.
if you look at the sites history (bottom of the page) none of the versions accept the present offer gold plated anything. So, if this is real, then its a recent phenomenon, and thus makes its slightly less lickey that youve bought some grey rod by mistake.
The only other thing i can think is YIKES!!
(silver next?)
Hopefully, a lot of the moronic preppers on this site bought tungsten-filled gold items.
Is anything discussed on this site NOT a conspiracy?
Yep...the discussion involving idiots who read comments on sites they don't have anything in common with.
loosers it is simple.
just buy your gold from a jewish gentlemen.
hand over your cash and ask him if the bar or coinage is real gold.
if he says yes of course you are laughing.
gods chosen ones can always be trusted.
it is a real shame the jewish gene is on the way out becuase those jewish fellas are so honest.
and rest assured even if it is not gold be thankful it is tungston and not lead or depleted uranium inside.
You are just a racist idiot.
A jew discovered upon perusing his hoard that one of his 10oz bars of gold was fake. He then proceeded to sell $5 raffle tickets for the chance to win the 10oz bar. After selling enough tickets to purchase a real bar, he proceeded to select a winner. The winner, upon taking receipt of his winnings, noticed the tiny hole drilled in the back, and the tungsten visible in the bottom of the hole. "What the hell is this" he angrily declared. "This bar is fake"! The wily jew then said to the raffle winner, "don't worry about that; here is your $5 back".
Tyler Durden wrote:
Not news. I read an article about this Chinese company back in early 2010. Furthermore, these Chinese tungsten-fakers have been discussed in the precious metals (PM) "blogosphere" for years, too -- which is how I discovered it years ago. A great deal of information in the PM blogosphere is patently false, but this particular claim is not. If anything, tungsten-fakes are still underreported, even in the PM blogosphere.
-- Paul D. Bain
paulbain@PObox.com
Tungsten alloy golden bullion is real, honest money and many say the best form of money the world has ever known. tungsten alloy golden bullion is a store of value and a safe haven in times of crisis. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. tungsten alloy golden bullion is universally accepted, and can be easily bought and sold around the world. http://www.tungsten-alloy.com/tungsten-alloy-gold-bullion.html
TGOLD
The wave of the future.
Bitchez.
As an afterthought, these fakes are so much more convenient than a boating accident, if used correctly.
You know, it has occurred to me on more than one occasion that the total number of people on the planet who truly need to be "dealt with" may be as little as a few thousand, and then the rest of us could live in relative peace and safety the rest of our lives. A few thousand. How hard could that be?
Not very hard at all. As far as being "dealt with"... the MASS ARRESTS are coming. Sure as the sun will cross the sky, they are coming... http://tinyurl.com/cd5cyjo/
Probably not hard, but pointless. It does nothing but perpetuate the historical norm for dealing with problems. Taking such actions just leaves a vacuum waiting to be filled, which will be filled, by someone who will take better steps to ensure the same doesn't happen to them. You want peace and harmony, start by changing yourself, showing others a way to exist without violence against their fellow man. Otherwise, your just riding the same cycle we've been on for too damn long.
Maybe these things are being circulated by TPTB in order to suppress gold demand by the muppets. If, in the next month or so some Hilsenwrath type mouthpiece leaks a story rumoring that confiscation is on the table...
No I just believe it's a case of the Chinese are totally indifferent to the idea of "ripping off the stupid Americans." I have not researched this and have no plan to, but I bet the Chinese government considers what this company does to be perfectly fine and dandy, the product is all for export to America/Euro, for novelty only, do not use for unlawful purpose (wink wink) but if these poltroons tried to use them in China to rip off their own countrymen the thieves would be literally executed.
The US .gov doesn't give a damn about the whole situation because A- They want goldbugs and Fiat Sceptics to be fleeced, and, well that's it. China also makes every manner of US coin Morgans/ Collectible coins all direct absolute counterfeits for sale to US dupes. SS slightest concern over the matter? LOL I didn't think so.
No doubt there are sellers on Ebay schlepping those as real gold.
This topic reminds me of the SNL skits a few years back of Hu Jintao and Obama. The topics covered are actually quite pertinent still like the bailout, jobs creation, gold, real estate, currency debasement and sovereign debt to name a few. Here are both skits that I can recall I don't remember if there was a third:
"Will you kiss me? I like to be kissed when SOMEONE IS DOING SEX TO ME!"
1) http://dailybail.com/home/snl-presidential-mockery-hu-jintao-asks-obama-...
2) http://www.youtube.com/watch?v=XGlbRrF_Bas
I buy my gold from Gypsies...
Did you get a free dag thrown in on the deal?
I read the loan shark business in China is booming due to banks there tightening up on loans. Also, they are not very 'kind' when the debtor fails to repay.
I can imagine what Wang Fu does to those who hand him a Fake coin as payment of some sort. Reminds me of the Mafia.
Paying loan sharks with gold coins? WTF? Triads are the same as American gangbangers: if it gold, it jewelry. Folding money be the only real money, fool! Take that fuckin' change and buy me a single cigarette, biatch!
Finding out all your gold is fake is such a mind blowing event, it's like finding out your woman has been faking all her orgasims. However there's one key difference, in the former case your whole world is shattered, in the later case, ah, who cares?
Women have orgasms?
Some do, when they're interviewing Buffet.
only one
Mine do.
Cheers Bitchez.
So you think. LOL!
j/k dude
For the person who wants physical, it merely changes the means in which they aquire it. They will just be more careful. Big volumes will come from a mint purchase or directly from a refinery where they were melted down and made into bars. And it makes LBMA delivey bars more desirable than ETF bars. You know what that means.
Ha Ha! that's a big frack you to those who gave me down votes when I suggested this possibility awhile back.
I believe this to be true….(there is something fishy about the MFGlobal collapse and this is an important piece of the puzzle)
Wynter Benton, the anonymous blogger on Yahoo Finance’ JPM page (who claims to be a group of former JP Morgan commodities traders under Blythe Masters and accurately forecast numerous silver moves in early 2011) re-emerged today after an 11 month hiatus.
Benton claims that the Oct 31st 2011 take-down of MF Global was SPECIFICALLY designed to prevent the group of former JPM traders with a chip on their shoulders against their old boss Blythe Masters from taking delivery of a massive amount of physical silver and breaking JP Morgan’s massive naked short silver position.
Benton also claims that JP Morgan’s $36 silver derivative time-bomb is still in effect, and states that the ex-JPM traders have re-grouped, and that silver WILL trade above $50 before Dec 31, 2012.
Silver will trade above $50 before Dec 31, 2012By wynter_benton
We wish to inform our followers that silver will trade above $50 before Dec 31, 2012.
The $36 silver derivative timebomb is still in effect for the Morgue so count the trading days once silver gets above $36.
MFG was setup to prevent us from taking silver above $45 last year. Did anyone wondered why MFG failed precisely 30 days before our deadline or why no one can locate the vaporized money? It was designed SPECIFICALLY to stop us from taking silver up and out. Think about it.
Too bad The Morgue cant do that again this time cause we are beyond their reach now.
Isn't that 10 days too late?
This takes care of the in-laws for Christmas presents!
Field test for .999 gold coin if you have no Anderoid phone - bend the thing over a sharp edge or grab it in pliers and push the far edge against a table top. I don't know if alloy coins like Kugerands bend as easily. But all commercial tungsten is brittle. You may snap it but it won't bend.
"and never could be used for any illegal purpose."
LOL!
http://tungsten-alloy.com/gold-plated-tungsten-alloy-coin.html
A good company, has solid reputation among its many Nigerian clients
that city in China is home to lots of snakeheads, human smugglers
cost $75,000 USD to get into USA
http://www.havocscope.com/black-market-prices/human-smuggling-fees/
lots of chinatown workers use these guys
Here's my thoughts on this: The picture shows a South African Rand which, like a US Eagle, is 22 carat. The Tungsten would have have to be alloyed to the same composition as the rest of the coin to pass the basic volume vs weight criterion. My guess is that a simple fische tester would find this fake. Coincidently, it could make Eagles and Rands easier coins to detect fakes in than say Maples or other 99.99 gold.
Any thoughts on this from the peanut gallery?
Fisch gauges won't pick up tunsten -- they event state as much on their web site, and point to the difficulty and rarity of fakes to reassure you.
It would have to be alloyed to match the density of gold, then plated. An ultrasonic thickness gauge would detect the alloy with virtually no effort.
Tungsten fakes are only going to fool people who don't test, and as soon as they show up in even slight volume... everyone will test.
Long UTGs, I guess!
Oh yeah, I also noticed this on the website:
---------------------------------------------------------
Notice: Chinatungsten Online (Xiamen) Manu.&Sales Corp. is a very professional and serious company, specializing in manufacturing and selling gold-plated tungsten alloy coin for more than two decades.
-------------------------------------------------------------
They've been making this shit for 20 years!
"Notice: Chinatungsten Online (Xiamen) Manu.&Sales Corp. is a very professional and serious company, specializing in manufacturing and selling gold-plated tungsten alloy coin for more than two decades.
-------------------------------------------------------------
They've been making this shit for 20 years!"
I know I find it hard to believe that a company producing bullion forgeries would misrepresent their business history or skill level....
http://www.aliexpress.com/wholesale?SearchText=gold+coin&catId=0&manual=y
That is all :)
The Chinese will come up with a cheap gold detector very soon. First they create the market for a product,
then they create the product...Win-Win. Ain't it a bitch.
The Chinese will come up with a cheap gold detector very soon. First they create the market for a product,
then they create the product...Win-Win. Ain't it a bitch.
Looks like Zorba is starting to stutter in his old age.
Get down off that roof right now!
First they create the market for a product, then they create the product...
after someone else outside of centrally planned governement figures out how to make it.
jmo.
I still like the chocolate filled gold coins bestest.
Oh man. Before the word gets out I'll take my coins to the nearest WE BUY GOLD location and consider myself lucky to get 50 cents on the dollar!
I expect MORE and MORE of these fakes as the price rises,and the above will also work on Silver.Plat,Pall, too...................say's nothing about PM's, but all we are after is the VELOCITY test.
And, it's got it...............DO not get the 8810!!!
Where can you buy fake tungsten? I also like the idea of Belgian chocolate coins wrapped in real gold foil. I will smile when the kids unwrap the chocolate and throw the wrapper away.
It must be in someones interest to scare people off of buying gold by allowing a company like this to operate.
maybe the nauseating NY Mint ads are for tungsten gold
They sell 24k gold plated replica coins on TV all the time which look like cheap crap. If these guys make tungsten planchets and plate them with thick gold and then stamp the fake planchet with a perfect counterfit die then they would still have to use a lot of gold to do a deap impression...like at least a couple hundred dollars worth of gold for them to pass as real and not a cheap copy. I would be skeptical at how authentic these fakes are.
Pre-1964 junk silver. Problem solved.
yep, a good solution. My bar silver came directly from the refiner to the vault and when I want to sell, np.
Chinese make a TON of pre-64 "silver" LOL counterfeit coins of every variety and date. They specialize in "ageing" or "distressing" the coins all different to make them look real.
Problem is not solved.
US government doesn't show the slightest interest even though the counterfeiting is blatant and semi-open. Now you get a guy like Von Nuthouse and he makes coins which unlike the Chinese coins actually HAVE silver in them-- Big problem.
Conclusion: US .gov doesn't care the slightest if pm bugs get skinned, encourages them to rush back into the open arms of FIAT.
The mob in NJ used to counterfeit nickles during WW2.
Chinese make a TON of pre-64 "silver" LOL
Oh do they? I've heard of counterfeit Morgans but not, say, liberty dimes or quarters or even 1/2 dollars.
Also silver has a unique ring. Pop a Morgan with your thumbnail and the ring it makes while in the air is either the sound of 90% silver alloy or it is not. 1/2 lead won't do it.
Oh - and if these Chinese 'businessmen" are manufacturing fake US gold eagles where is the US Treasury? I'm sure that we have bi-lateral agreements that allow UST to pursue and prosecute Chinese counterfeiters of US currency. Oh, wait - no way that AG Eric-the-limp would pursue that one.
I can not stress the importance of a reputable dealer. Anyone who has sold back to one knows that it goes through a vetting process.
In addition to expensive digital scales, digital calipers and ultrasound, the Fisch is pretty neat.
99.99999% of gold bars have value
00.00000% of fiat currency have value
Buying direct from the Canadian Mint or Scotiabank would be perfectly safe.
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The proposed purchase, ask the manufacturer of concrete used in the radiation fabric of what raw materials, cleaning radiation clothing and in accordance with product instructions.
I just wonder if any of you sheeple are considering storing your wealth in old gold jewelry or "junk" as it's called in the industry? While I hear nervous trembling in your voices/postings, I have this smile on my face knowing what little gold I lost on that tragic trip I took on Titanic II was all subject very aggressive acid testing by me and I can sleep soundly and happily knowing my lost gold was real through to the core.
You couldn't fool a blind man with this shit. Try flipping a coin by balancing it on your forefinger and striking it from below with your thumb. Homogeneous coins ring. Plated coins don't, because their internal boundaries scatter sound waves. Try this with pennies from before and after 1982.
I also use this method to detect silver coinage. 90% silver (pre-1965 dimes, quarters, and halves), 40% silver (halves 1965-1970) and cupronickel (everything since 1971) each have a distinctive ring. Shaking a handful of 90% silver coins makes the most beautiful sound!
And let me say that there is absolutely no truth to the rumor that Tulving, Apmex, Kitco, Scotia Mint and others source their inventory from ChinaTungsten. I won't even dignify those rumors with a comment. Also, a little advice: for your own piece of mind just ignore those making the spurious argument, "why do you think they sold you something even they claim is 'going to da moon' in exchange for mere fiat, if it wasn't phony?" Those who say these things are just silly conspiracy theorists. Who in his right mind believes in conspiracy?
The quality of the tungsten filled bars and rounds that I've seen suggest these are central banks doings, trying to instill fear of gold as a last resort.
I do not think anyone would try to fake little known Canadian gold refinery http://www.goldenmoney.ca/buy-gold-bars-silver-coins-online/index.php?main_page=product_info&cPath=21_22&products_id=83 bars.
Oh crap; the bastards.
lol
Well, at least they are ISO9001 certified.
Actually this is perfect. When the government comes for your real gold, simply hand them...
I am buying 100 of them for that very purpose. But then I dont stack gold.
The fake coins look a lot like Euro coins!
My gold sovereigns say 'ting' when I flip them in the air or strike them with a drill bit.
Silver bars with the drill bit too (biggest ones are only 250g).
That means they're real, right?
This Chinese website is old news, here's an article from 2009: http://www.safehaven.com/article/14990/tungsten-as-a-gold-substitute
However, testing a gold bar for the presence of anomalies is easy using ultrasound, as this plain-speaking Yorkshireman explains (start at 2:00 minutes to skip the introductory chat):
http://www.youtube.com/watch?v=5FvM_4B7Pkc
As they say in Yorkshire, "where's there's muck, there's brass"!
Guys, do not worry! I mailed them:
It is our great honor to have your interest in Chinatungsten.
We specialize in manufacturing in tungsten products more than 20 years, we can provide gold plated tungsten coin for you.
But we need to inform that we could not offer coin with embossment like Kurgerrand and Perth Mint, we can only provide flat gold plated tungsten coin.
Besides, usually, our minimum order quantity is 10 kg per size. We wonder your opinion.
Look forward to hearing from you soon.
Notice: Chinatungsten Online (Xiamen) Manu.&Sales Corp. is a very professional and serious company, specializing in manufacturing and selling tungsten alloy related golden-plated products for more than two decades. Our gold-plated tungsten alloys are only for souvenir and decoration purpose. We can provide different kinds of tungsten alloy golden-plated products according to your requirements. Here we declare: Please do not use our tungsten gold-plated or tungsten alloy golden-plated products for illegal purpose.
Please note we will have National Holiday from October 30 to October 7, 2012, and we will be back at your service on October 8, 2012. Sorry for the inconvenience.
????????2012?9?30??2012?10?7????2012?10?8??????????????????
With best regards.
Dr. Hanns/CEO
Chinatungsten Online
I am going to order 30 fake coins with the same dimension as the American Eagle and test them with Fisch. I would start worrying if they pass the test.
After seeing last Wed's ZH article about the bar(s) found at the dealer in Manhattan, and reading countless posts about using ultrasound thickness gauges to verify bars, I promptly ordered one from eBay.
It arrived yesterday morning. I pulled out every one of my 10oz. bars (from Monex) and began testing. I removed one from the sealed plastic bag, and measured the thickness using digital calipers (4.4mm). I set the UTG to 3240 m/s for Au and tested about a dozen spots. All came back as 4.3 to 4.4mm thick. Not wanting to open each bag for the remainin bars, I tried testing them through the 2-3mil thick plastic. It registered 4.6 to 4.7mm. I tested the original bar through its bag as well, and came up with the same 4.6 and 4.7thicknesses.
In short, all my bars tested uncontaminated, and you CAN test through the plastic packaging. It does have an affect, but it's consistent and appears to only add the thickness of the plastic.
I tried testing some of my buffalo coins - but as others have observed and suspected above, the uneven surface of either side of the coin prevents the device from obtaining any readings. There may be UTGs with smaller sensors, but mine doesn't work.
Here is the unit I used. It was $130 shipped: http://www.ebay.com/itm/-/380467981139?item=380467981139&ViewItem=&ssPageName=ADME:L:OC:US:3160
I am beginning to suspect the latest news regarding fake gold bars might be a banker's covert psy op to suppress physicle gold buying. It doesn't make much sense that the dealer didn't test these bars before handing over their money, especially these bars were bought off the street.
I was in the Bank of England on Sunday and picked up a gold bar in their museum exhibit, 'pick up a gold bar'. I asked the member of bullion staff on hand if it was a real gold bar (the bank only owns two - the rest of the £40bn worth belongs to clients in the vaults), or if it was made of gold plated tungsten.
He laughed, but didn't say anything.
When an ounce hits five-figure USD values in the not too distant future on its way to six and more, gold foil may become a growth industry. Think how easy it will be to make change from standard subgram denominations. Coins will join bullion as property of the 1% alone (who can afford the anti-counterfeiting high tech equipment or services such investments require).
[Edit: In case it wasn't obvious, ;-)]
[Edit: If my [re]calculations are correct (please check my work, as I'm not having a great day mentally), a USD-sized (156mm by 66mm) piece of 24k foil the thickness of heavy aluminum foil (0.024 mm), a volume of ~0.247 cubic cm and weighing ~4.77 g (~0.168 oz.), is currently worth ~296 USD. Roughly six such bills weigh one ounce and form a stack ~0.14 mm high or slightly thicker than a paper bill (~0.11 mm). You would not want them to melt between your fingers, though.]
*repost from the earlier tungsten story*
http://www.zerohedge.com/news/2012-09-23/gold-counterfeiting-goes-viral-10-tungsten-filled-gold-bars-are-discovered-manhattan#comment-2823658
I looked at the pictures of the tungsten filled 10oz bar found in Manhattan and if the bar was hollowed out it would have had mill marks on the inside. We can clearly see no mill marks in the picture with a thin layer peeled back! In fact the inner side has taken on the texture of the tungsten core. Also the edge is peeled back and the inside was not polished but a seam is not visible.
http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2012...
The bar is layered in 9999 that’s gold soft enough to mark with your teeth when bitten, how the fuck you going to chuck up that soft a metal with out making marks and milling out to 1/16th walls?
The point is these counterfeits are made by very skilled and desperate bankers.
Do you think that’s air you’re breathing?
Do you think the Swiss PAMP bars where picked to counterfeit just coincidence?
The Swiss have fucked up big time, many will see jail time because the clients they fucked by selling allocated gold are no small fish. The fake gold was made to buy time. That’s all the fucking banks do now is buy time. The end is drawing near prepare yourselves!
And there’s more, these are the same photos from when the story first broke stating one bar existed and yet we see two different bar #s, The top two photos have #039388 and the bottom is #038892. The second photo down has a horn of plenty and is drilled in a different spot than the photo on the bottom and if you look in the upper right corner you see a part of an image that does not belong to the horn of plenty. So more than one bar existed when the story first broke! We are being duped by false reporting. This is bigger than you think!
I'm glad that I'm not the only conspiracy theorist here.
Awesome. Order sent.
Cheers,
Fred
@spotgoldprice
i can't wait to go through customs with a bunch of these in my carry on declared as "genuine fake gold coins" and watch them all freak out
The alloys from china tungsten are quite a bit lighter than gold. They use nickel and iron as sintering aids.
http://tungsten-alloy.com/tungsten-grades.htm
pure tungsten requires a very high temperature to melt, which makes it pretty hard to get in fully dense form. Usually, they use powder metallurgy, which leaves a small fraction of void space.
<removing double post>
This is sounding like an opportunity. I can buy a matching tungsten filled gold coin or bar for every gold coin or bar I own and then stick them in my safety deposit box. If/when the govt comes around to start confiscating gold they can grab that. When they find out they are fake, I can just shrug my shoulders and cry that I have been taken in by counterfeiters (technically true, except they are the counterfieters).