How To Spot Fake Gold Bars Before Buying
Verifying authenticity is critical when buying gold bars. Counterfeit bars are often well-made, making visual checks alone unreliable. Here are steps you can take to protect yourself:
- Check for proper markings – Authentic bars should show a refinery stamp, purity level, and weight. Reputable mints often include a serial number.
- Request assay certificates – Certified bars usually come with paperwork confirming authenticity and detailed specifications.
- Use a strong magnet – Gold is non-magnetic. If a bar responds to a magnet, it likely contains other metals.
- Weigh and measure the bar – Match the weight and dimensions to the mint’s specifications. Even small inconsistencies may be a red flag.
- Ask for professional verification – Testing tools like ultrasonic thickness gauges or XRF scanners can help verify the metal content.
Working with a verified Gold Bar Dealer Ohio can reduce the chance of counterfeit transactions. Reputable dealers use trusted suppliers and often pre-screen inventory for authenticity before offering it for sale.