The thickness of the fake bars may be the most obvious diagnostic. No determination has been made as to exactly what is the composition of the counterfeit bars, so it is unknown whether they are composed of a base metal or metals with a plating of gold or gold-colored metal. No arrests were made and an investigation is ongoing.įisher said the fake PAMP bars weigh within a half gram of the 31 grams a genuine bar is supposed to weigh. Several days later, the couple returned seeking payment for the first three bars and to offer additional PAMP bars, along with 1-ounce gold bars purportedly produced by The Perth Mint in Australia.īroward County Sheriff’s deputies were at Fisher’s office when the couple arrived, Fisher said he had contacted authorities after learning the bars were fake. Get our free report: How to Invest in Rare Coins The couple claimed to have owned the bars for some time, Fisher said.įisher said he accepted the bars “on memo,” delaying any payment until the bars could be properly authenticated.įisher said he forwarded the bars to a wholesale distributor for examination who determined the bars to be counterfeit. 16 trying to sell three purported 1-ounce gold bars bearing the PAMP hallmark and Lady Fortuna designs. John Fisher, president of Fisher Precious Metals, told Coin World a couple came to the firm’s office the afternoon of Feb.
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