IN THE NEWS
Perth Mint Sales and
Marketing Director Ron Currie appeared on radio 2GB
Ross Greenwood: There's a problem here isn't
there because there are websites that are certainly accessible here in
Australia that really are saying that they are capable of being able to sell
what looks like a gold bar with your (Perth Mint) stamp on it. but it's anything but a true gold bar, isn't it?
Ron Currie: That's true and it's one of
those unfortunate situations that when you have a good product people try to
copy it. But it's very difficult in actual fact to do much about that because
although we've been to the Federal Police and. they've talked to Chinese
authorities - we've even managed to get one place closed down - they just spring
up again somewhere else.
Ross Greenwood: So here's the thing - how do
people really start to work out that what they might be being sold is a fake?
Radio 2GB's Ross
Greenwood and The Perth Mint's Ron Currie
discuss how to avoid being duped when buying gold bars.
Download audio file of full interview courtesy of
2GB/873AM
The Perth Mint's advice
actually is pretty straightforward and is based on the old adage - if it
looks too good to be true, then it probably is! As Ron said, gold is a
commodity and therefore can't be bought at a discount. So don't be tempted if
it's being offered cheap down the pub and certainly don't buy anything off
the internet if you don't know exactly who is behind the site.
The golden rule buyers
are urged to always follow is to look for a trustworthy suppler: (i) a
government-owned organisation (such as The Perth Mint) or (ii) a reputable
dealer - for instance, one that is a member of the Australian Numismatic Dealers Association. The Perth Mint also
publishes its own list of reliable, fully-authorised dealers and by dealing with any of these
groups you'll know that what you going to get is what you paid for.
