How can you tell a fake bullion bar?

The ceramic test involves dragging your gold item over an unglazed ceramic plate.

  1. Apply slight pressure, and drag the gold slowly across the ceramic surface.
  2. If a gold mark appears, the gold is real.
  3. If the mark is black, your gold bar is fake.

Is Royal Canadian Mint reputable?

So are Royal Canadian Mint Coins a Good Investment? Canadian coinage is respected as some of the best in the world for design and quality of engraving. For both aesthetic and technical quality, investors have been talking about them ever since the first commemorative coin was put on the market.

How do you avoid buying fake gold bars?

  1. Do Your Research. First and foremost, it’s important to check the reputation of the dealer you decide to buy your gold from.
  2. Check Prices. Pay attention to the price of the gold you’re looking at, too.
  3. Feel the Weight.
  4. Look for a Hallmark.
  5. Try a Test.

Can gold bars be fake?

Fake gold bars – blocks of cheaper metal plated with gold – are relatively common in the gold industry and often easy to detect. The counterfeits in these cases are subtler: The gold is real, and very high purity, with only the markings faked.

Can I buy directly from the Royal Canadian Mint?

A: The Mint does not sell bullion products directly to the public; only to distributors who have the infrastructure to sell and buy back to and from the public and manage sales to individual dealers in North America and around the globe.

Who owns Royal Canadian Mint?

Government of Canada
Royal Canadian Mint

Type Crown corporation
Total equity $185.356 million (2016)
Owner Government of Canada
Number of employees 1,280 (2016)
Website mint.ca