My Bank Said My Silver Bars COULD Be Fake, So I Proved Them Wrong by Chopping Them Up And Testing!!
Vložit
- čas přidán 2. 07. 2024
- #gold #silver #bank
Hey everyone! 🌟
In today's video, I'm tackling a shocking claim made by my bank. They thought my silver bars might be fake! 😲💸 Instead of just taking their word for it, I decided to take matters into my own hands and prove them wrong. Watch as I slice open these silver bars to reveal the truth! ⚔️🔍
Join me as I:
Show the steps I took to test the authenticity of my silver bars 🔍
Explain why the bank doubted their authenticity 🏦
Use tools and techniques to cut open the bars and inspect them inside out 🔪🔨
Share tips on how you can test your precious metals at home 🏠💡
If you’ve ever wondered how to tell real silver from fake, this is the video for you! Don’t miss out on the shocking reveal and some handy tips to protect your investments. 🚨💰
🔔 Make sure to like, subscribe, and hit the bell for more eye-opening content! And if you have any questions or stories about your own experiences with precious metals, drop them in the comments below. I'd love to hear from you! 📬
How to Test Silver at Home
Thanks for watching and see you in the next video! ✨
#SilverBars #FakeSilver #PreciousMetals #Investing #DIYTesting #SilverInvesting
If you would like to support our channel please check out our shop page for all our hand poured silver.
backyardbullion.com/product-c...
Join the channel and show your support by becoming a BYB Rambling society member today!
czcams.com/users/backyardbulli...
If you would like to support our channel please consider purchasing our T-shirts please visit this link:
teespring.com/en-GB/new-byb-h...
or have a look at our website:
backyardbullion.com/product-c...
Stay safe, stay healthy all.
Thanks also to the channel sponsor The Silver Forum!
thesilverforum.com/
A 4k Camera & close ups of coins! What more can you want!?
What do you think? Comment below!
Comments welcome below or email me at byb@backyardbullion.com
Follow me on Instagram: @ BackyardBullion
backyardbullion
Thanks for watching and I will see you next time!
Topics covered in this video:
banking, finance, gold, silver, precious metals, cash, wealth preservation, economic uncertainty, financial independence, store of value, means of exchange, alternative finance, bank withdrawal, financial strategies, personal finance, financial system, economic trends, global economy, investment, asset allocation, monetary policy, inflation, deflation, wealth management, fiat currency, currency devaluation, financial education, financial literacy, monetary history, financial freedom, financial planning, asset protection. - Zábava
The bars are real..it's the bank is fake.
We don't store your money for you, we store it for us.
Based!
Have to admit watching the silver bar being sliced is actually pretty relaxing to watch :D
I just kept thinking there is something wrong with chopping up a perfectly good silver bar. But, I understand what your doing. I could never bring myself to do it lol.
It was very satisfying as now I know that I will never need to do this
I used to buy silver on ebay and I did OK until a 10 oz bar arrived through the post. It had a snake design and looked impressive. It quickly dawned on me that it looked bigger than my other 10 oz bars. Which is when I became concerned. I weighed it and it was significantly light, measured the dimensions again, did a neodymium magnet test and was convinced it was fake. I challenged the seller who refused a return then I threatened him with legal action and he quickly changed his mind. Fake silver can sometimes be spotted on ebay before you even buy it. I wouldn’t buy from ebay now as the prices is high as are the opportunities for fakes.
There are several sellers with 50k+ ratings, and I've never had an issue with them. Always check anyways. Glad you didn't get taken.
So many fakes/deception on ebay from China especially, they even have the audacity to fake security marks! Fakes prices are sometimes as high as 3/4 the price of the real thing which is greedy!
Seems like always there are always predators lurking around this supposeidly safe place from eep our stacks safe and sound. I am a canadian living in BC and got ripped off by SGB/Silver Gold Bullian on a a 10 ounce bar. I was making shot and noticed the color was off so I called them at the head office in Calgary Alberta. They said I had changed the physical apperance of the bar and won't go good for it.
I Had every grain of it to return and yet refused to honor their agreement that was well advertised. I have never been so agrivated by such calus treatment in this gig as I was back then. Perhaps this will serve them right about how to treat the little folks.
If any of you are out there that know about this crass treatment give them a call/email or anywhere to call about this let them know about how you/have to think about how I was treated Over the last 10 years I have never/ever gone rouge on one of my sales.
In Fact on the first time I ever had a sale for my Tiny Tiger heads go missing from one of my parcels was one to the states that the US Post admited to losing the package. I saw it on a post from the one fella that made the buy and It was for some of those Tiny Tigers I make so I sent him more than what I had known I made the first time. Doing that made me feel just great. The buyer was blown away by my kindness. It didn't cost a lot as I get my pouring stock a hair over spot I made him feel good about our community and made me feel really good in the process. A win, win across the board any way you look at it. Ihad just had my R leg taken off due to a previous injury while logging. The whole community got together and did a great auction for me that raised a $25,000.00 happening so as long as my days see me still breathing I will help anyone any time I know they need a hand with anyone needing it. Our community has great people in it that really care. Unlike the dealer that lies through their teeth, , , SGB is the one that has now bought out the mas majority of the silver and gold dealers and smaller mints in N America. That's it for this old stacker. I always end up wrighting a novel, LOL. Take care and happy stacking my friend. . . . . . Dean......
I’ve had more fake £20 notes than I have fake silver
Who are the banks to interfere in the transactions of clients especially in their dealings! Seems very fishy since banks of all companies would know what precious metals are!
Naw they know their job but not the real world. Whenever I want big cash their attitude would be don't you want a bank check instead:(
Keep the silver chopping videos coming, Its rather satisfying! How is the 1KG Geiger bar fairing? have you got through it all yet? I look forward to one of your pouring videos in the future.
Indeed, when you’re in the business, you’ve seen enough of this stuff you can pretty much tell in hand if something is good or not.
That Geiger bar is heart wrenching to see all shopped up.
I love it. If it wasn't such a pain in the ass to ship to Alaska I would make another serious offer on that chopped up Geiger bar you had.
Brilliant Advice & Tips
Banks are a joke now hate people with metals even wotmrse if you put money in from crypto
They have a duty to protect their customers against fraud
Breaks my heart seeing these bars cut up 😂😂
Very informative vid. Oh and received my 1oz bars this week, thanks 😊
Really interesting video, found the cutting of the bar quite fascinating to be honest. You’ve inspired me, where did I leave those pliers…
Absolutely, the banks are concerned for their depositors.
Banks are dumb
Great info🎉
Problem with bars and why they aren’t great to invest in is because they aren’t coins… they do not have Reeded edges or security features unless in assay card still. They just put doubt into the transaction.
This is something I do not want to run into. I get why people like them but they aren’t for me personally.
This is not an issue selling to a reputable buyer with a Sigma analyzer. 1oz coins are 1000x more faked than 100oz silver bars.
Yea coins are more flexible liquid and have far better designs than bars which is why coins have higher premiums.i have a mix of both probably 1/3 in bars.
I would think it's impossible to put lead in the centre of a silver bar , lead melts at 327c , silver at about 960c, lf i try to pour something that has to be 960c to be molten around something that melts at 327c the lead would melt instantly and alloy with the silver, it could'nt possibly stay solid.
If it electrogalvanising (like e.p.n.s.).....there maybe coating 2mm silver....???...but sound frequency + weight + magnetic test discover compound material
I have all the bolt cutters from 4 feet to 8 inch to cut up my pieces that don't pour as they should or 10 and kilo bars when needed. I really want a verifyer. 99.9% of my pours are from 9999 shot so the first thing I do when getting a 50 ounce order of shot is make a 1 ozt bar and do a specific gravity test.I would die if I found out I had ripped someone off for one of my pours. Good post old friend. Perhaps you can show folks all the different ways to check their silver as I can no longer make videos. Have a great weekend fella !
One thing I found fascinating when I sold some a lot of silver to a coin shop, US silver eagles, was they didn't even open the tubes. I had some loose and the rest were in tubes of 20, sealed but still. They were definitely real but it surprised me.
Choppy sticks! ROFL 😆
They haven't tools (sigma metal analyzer) to check, because tools price is expensive, and they usually focus to distribute fiat money and making profit from it.
to test the bar, you need ultrasonic thickness meter. non destructive way to check any bars.
I love chopping up silver!!! I make jewelry and buy even more silver ❤
What cutters did you use to chop the bars?
Looks like bolt cutters but I'm curious if they're maybe industrial steel cutters that I haven't seen or something else. Maybe rebar cutters. I'd love to know. Thanks.
Choppy Sticks 😂😂😂
Most places drill the bar.
Light a dollar bill in fakes sakes.
Ouch... How many flakes of silver were lost in the cutting?
Literally none. I weighed it afterwards and you can see it in the video!
😱 Noooooo!!!
You’re a brave man but pouring is so much fun!👍stackers if the world, stack on!
Confused as to why chopping the bar is bad ?
Some people really hate me for it. Have called me out for it and generally been quite salty. Lord knows why.
I would have asked: you mean like your fake fiat currency? 😂
😳
Just buy silver shot for pouring the premiums should be far less than a bar.
Ironically no. Shot is harder to get and less easy to verify than a silver bar.
@@BackyardBullion you can get shot from Cookson gold, from what I can see its bearly over spot. Depending how much your paying for the bars it might be worth working out the difference in premiums plus it saves alot of work cutting up bars and remember you can lose small bits of silver from cutting
You have to add VAT to that price from Cookson Gold my friend. 20% more on top. Not a good deal. I buy bars at 5% over spot or even spot price from second hand sellers. Way cheaper.
Their price is £1100 per kilo for shot inc. VAT!!!! I can buy kilos of silver for £800 or less right now.
But a verifier
Why are you chopping that on your nice floor. Please put a board down first to protect it!
Better get used to the transaction facilitator having right of refusal of your purchases. CBDC is almost here
if you won the lottery you'd have to get a solicitor to get your money out every time you wanted a different coloured Ferrari
You could just drill and test it.
please dont tell me we will need coa for silver.......
Chop just drill it
Brilliant video people even fake copper bars it’s crazy 👍⚓️🧲
Yep, I know but it's just not gonna happen how I bought these bars. If your smart and dont take risks you are gonna be just fine!
Doesn't VAT come in somewhere BY,?
Not if you uy from bullionstar I'm Singapore. They send their silver labeled as "metal art bars" to avoid vat. Used them for years.
Why would you let your bank know you have real money? Are you mad?
That gaiger bar is getting small 🤣👍⚓️🧲
It's on the way!
After that 5 kilo geiger destruction, I'm desensitised to your choppy sticks 😂