Exposing Fake Bullion: What Perth Bullion Exchange Specialists Teach About Spotting Counterfeits
In Australia, the demand for precious metals has increased significantly, and so have the fake bars and coins in the market. Experts at the Perth Bullion Exchange and others in the industry associated with The Perth Mint have cautioned that fake bullion is more advanced than ever before. What would have previously been seen as blatant imitations are now near-perfect imitations – even accompanied by a forged Perth Mint card. To an average consumer, and even to the professional collector, the dangers are very tangible. But the good news? Having the appropriate knowledge makes it a lot easier to watch out for counterfeits. This guide is a breakdown of what bullion experts want every Australian investor to know. Why Fake Bullion Is Becoming a Bigger Problem Over the past few years, The Perth Mint reported that the number of counterfeit coins and bars with fake stamps of their brand has increased significantly. Fraudsters have known how to imitate the shine, packaging, and design of authent...