Chinese 'Forgery Factories' Producing Counterfeit Perth Mint Gold Bars and Australian CoinsSubmitted by the clover helix on Wed, 10/24/2012 - 11:34
Buyer beware from a fellow precious metals investor...
"On the front is stamped "Perth Mint Australia", on the back are kangaroos - a close copy of the actual design used by the mint.
The worker doesn’t hold back when quizzed about the procedure. "First we did the silver plating, then the gold plating," he said.
What should be valued at $510,000, is actually counterfeited gold bars that Seven News paid $300 for (300 pieces at $1 each)."
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