Credit suisse gold bar serial number check

#Credit suisse gold bar serial number check for free
#Credit suisse gold bar serial number check how to

In order to make sure you are not getting duped by the market, itвЂ™s imperative that you confirm the authenticity of the gold bar you just purchased. So it does happen!Д«ut while there might be a surprising story in the news once and awhile, instances of fakery are actually super rare in the precious metals industry. As noted, just recently the Royal Canadian Mint came under suspicion for a fake 1 oz gold wafer. There is the odd piece about fake gold popping up across the market. This is just one example of the research being conducted into gold testing today. Put simply: the geometrical properties of pure gold will have a specific vibration reaction, and any change to the internal structure of the metal will be revealed in a different vibrational pattern. There is increasing evidence that the vibrational force of gold can help determine the level of purity.

This procedure takes advantage of gold high melting point (1,064 celsius) to test its purity. This concoction is melted down and poured into a mould (or crucible) and a small bit of the gold remains in a solid state to be analyzed. To perform this test, a mixture of gold, soda ash, borax, litharge, flour, and silica must be made.

#Credit suisse gold bar serial number check how to

The testing method of choice for professional analysts who want to know how to test if a gold bar is real is fire assay. However, some metals will fool the magnet-test. You can put a magnetic to the bar and if it sticks then your gold is in fact an alloy. Silver and gold are not magnetic, but a lot of other metals are. One of the easiest ways how to test if a Gold Bar is real is with a rare-earth magnet. If itвЂ™s a thud, the bar is likely filled with any range of metals other than gold. All you need to do is click the gold together with a piece of clean metal and observe the sound. Genuine gold will make a resounding ping sound when it comes in contact with another metal.

If there is any abnormality you are likely holding a counterfeit in your hands. You can measure the height and width of a gold bar with the use of a caliper, a professional tool that can be purchased online for $25 USD. Simply take a measurement of the gold bar and compare it with the weight indicated on the bar itself.ДЄll gold bars are pressed in exact dimensions with a machine by the producer. However, in doing so they shift the weight just enough to be noticeable. Pay special attention to any slight inconsistencies across the entire bar that are at odds with the producerвЂ™s style.ДЄ common counterfeit maneuver is to fill a gold bar with tungsten or some less valuable metal. Learning how to test if a gold bar is real starts with markings. If itвЂ™s a well-known producer, you can compare the marks on your bar with others. Much like an original painting, an authentic bar of gold will have unique engravings from its producer.

#Credit suisse gold bar serial number check for free

A lot this stuff ends up on Alibaba and duping consumers into thinking they have the real thing.Д«ring your Bullion into Global Bullion for FREE testing! Susan Headly recently published an article on the topic, shedding light on the fact that a lot of fake bullion comes from illegal Chinese operations. Buying counterfeit bullion is one of these risks. While gold is a lot more stable of an investment than a random ETF, it is still liable to some minor risks. So what's all this about the fake Royal Canadian Mint Gold Bar? According to Stu MillsВ at the CBC, a fake gold bar was purchased not so long ago from the Royal Bank of Canada. Expecting to see how many millions they accrued, it turns out the stock has gone from $5/share to bankruptcy.Д«ut most of us gold owners don't often ask how to test if a gold bar is real?ДЇile that under вЂAmateur Investment MistakesвЂ™. They waited around for a year before checking the stock. A friend of a friend tried investing $1000 in a penny stock because they thought it would make them millions. WeвЂ™ve all heard stock market sob stories.