Common Gold Scams California Investors Should Know
Scams related to gold bars have become more sophisticated. California buyers should stay alert and know what to avoid before making a purchase:
- Fake bars with real stamps – Some counterfeiters use realistic packaging and forged refinery markings. Only buy from trusted sources.
- Bait-and-switch pricing – Some sellers advertise low prices but add hidden fees later in the process.
- Unverified third-party sellers – Online platforms may not verify listings, increasing the risk of scams.
- Pressure selling tactics – Avoid sellers who rush or push you to buy quickly without full details.
- No documentation provided – A missing certificate of authenticity or unclear assay details is a red flag.
A Gold Bar Dealer California with a strong reputation will avoid these practices entirely and offer transparency at each step. Staying informed can protect your money and peace of mind.