tag:blogger.com,1999:blog-4533651942397782565.post2287914618276589594..comments2024-03-28T15:17:53.299-07:00Comments on daily timewaster: Concerning: Gold bar certified by the Royal Canadian Bank is discovered to be fakec w swansonhttp://www.blogger.com/profile/02735507642689652780noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4533651942397782565.post-20653970750056160412017-10-31T15:40:48.311-07:002017-10-31T15:40:48.311-07:00A few years ago I was checking out gold coins on E...A few years ago I was checking out gold coins on Ebay. I found a set of Chinese gold coins, a "mint set" of gold coins. There were 5 coins ranging from about 1/10oz up to 1oz; gold was selling for around $900/oz at the time, so I expected this set to sell for over $1500.<br /><br />Just for curiosity, and fully expecting to have my small bid immediately out-bid, I put in a bid of $15. That way, I'd keep getting notifications of what the bidding got up to.<br /><br />Knock me over with a feather, mine was the winning bid! In due course I got the set- impressively packaged in a well-made wooden display case, lined with velvet, and a pile of documents with colorful seals to assert their authenticity!<br /><br />The coins themselves were each in a plastic capsule, and looked magnificent!<br /><br />They were, of course, counterfeit. Sigh.<br /><br />I contacted Ebay, told them that this was fraudulent, and expected a big fight; but I got an immediate refund and didn't even have to return the merchandise (which usually has to be done for a refund.) <br /><br />The case is in front of me as I type this; it still looks magnificent, it's just too bad it isn't real!<br /><br />This case of the gold from the bank is, I fear, merely the tip of a very large iceberg. Counterfeiting's just too profitable, and too easy these days.Eskymanhttps://www.blogger.com/profile/15947922645001422523noreply@blogger.com