Platinum Bars Treasures.

jeff of pa

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BioProfessor

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All the platinum bars I have ever seen were rectangular and not very thick. As far as I know they don't make platinum in the wedge-shaped ingots. They are all basically flat. Platinum is so hard to work with, it doesn't do ingots very well. While gold melts at about 1900 degress F, Platinum melting temperature is over 3200 degrees F. It just doesn't behave like gold and the way it is poured and handled is also different.

Here is something from another forum that will allow anybody to take an ingot and with a simple test tell if it is platinum or something else.

Q: I have found some platinum ingots, can you assay/buy them from me?
A: Johnson Matthey is aware that over a number of years there have been numerous fraudulent offerings of large quantities of platinum bars in various styles - in particular bars allegedly manufactured by Johnson Matthey bearing an inverted Horseshoe mark. Mostly the offers are routed through small traders and individuals unfamiliar with precious metals or platinum. The quantities offered are often out of all proportion to the amount of platinum that could possibly be in existence. Commonly they have been for tens, hundreds or even thousands of tonnes. There have been forged certificates, mostly of a poor and amateurish nature, and a variety of different methods and proposed forms of contracts attempting to arrange a "deal". Usually the offers (or even bids) have originated in the Far East and have centred around Indonesia. The common thread that has run through the saga has generally been the "horseshoe" brand and AZL18.

Whenever we have had the opportunity to make a physical examination of this type of bar they have always been manufactured of base metal, typically what is in effect a high grade stainless steel. The degree of technical skill shown in manufacturing the bars is considerable.

In the event of an enquiry for such bars arriving on your desk we recommend the following test that can be conducted with the simplest of equipment:

Measure the dimensions of the bar in centimetres. Multiply together to give the volume. Multiply the volume by the density of platinum, 21.45 gm/cc. This will give you the theoretical weight that the bars should be if they are really platinum. If the actual weight is within, say, 85% of theoretical it might be worth following up. Otherwise it's safe to assume they are not platinum.

This simple test relies on the laws of physics and whilst it will never conclusively tell you a bar is platinum it should enable the non-professional to eliminate most time wasting enquiries.

Daryl
 

Nashoba

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It's just my take but the pic posted looks like a replica of a page that was folded two ways creating four squares...............i.e a folded photocopy and one that appears to have been wet at one time

~Nash~
 

Ramapirate

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A little souviner from a trip to the Middle East perhaps? Those look a lot like some that used to belong to old Sadam. Watch out now... ;)
I'm not saying, i'm just saying...
Ramapirate
 

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seaview

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Jun 19, 2007
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Nashoba said:
It's just my take but the pic posted looks like a replica of a page that was folded two ways creating four squares...............i.e a folded photocopy and one that appears to have been wet at one time

~Nash~

Hello Nash,

It's not a replica pic. It's a real pic. The owner folds the pic and keep inside his wallet.
 

djui5

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So what was this picture of, the gold or platinum? You never said.
 

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seaview

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Jun 19, 2007
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djui5 said:
So what was this picture of, the gold or platinum? You never said.

Let me confirm again. It's a gold bar. From what i heard it's not gold bars from banks and it doesn't have stamp. It seems that they found the gold and melt it and make a new bars.
 

jeff of pa

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in that case you are going to need to sell
them to a refinery in your country.
One which is willing to test them first
& keep their mouths Shut.

Or you will need to find out the Maximum amount you can
sell without Questions & sell in that Quantity.

Your Best bet, Whatever you decide,
Don't offer them at Destressed Prices
to the Public, in order to get rid of them.

This could set off bells causing More trouble
then you bargained for.

although I am sure there is somone willing to give
$1.00 for one, untested, that would be a Major loss
for you's.

Jeff
 

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seaview

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Jun 19, 2007
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jeff of pa said:
in that case you are going to need to sell
them to a refinery in your country.
One which is willing to test them first
& keep their mouths Shut.

Or you will need to find out the Maximum amount you can
sell without Questions & sell in that Quantity.

Your Best bet, Whatever you decide,
Don't offer them at Destressed Prices
to the Public, in order to get rid of them.

This could set off bells causing More trouble
then you bargained for.

although I am sure there is somone willing to give
$1.00 for one, untested, that would be a Major loss
for you's.

Jeff

Thanks for the advice Jeff. We also have coins.

untitledus5.jpg
 

jeff of pa

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Cool

The Walking libertys look like One OZ Silver Bullion Coins.

Value as I'm Typing this about $12.32

Silver just Took a Dive :o

Looks like Gold fell off the edge too

The other coins I'v never seen Before
 

l.cutler

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The 1790's to 1804 bust dollars are fakes. I would be suspicious of the whole lot.
 

djui5

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l.cutler said:
The 1790's to 1804 bust dollars are fakes. I would be suspicious of the whole lot.

So are the 1798's, never made half's that year.

Those gold bars aren't gold bars either.
 

jeff of pa

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djui5 said:
l.cutler said:
The 1790's to 1804 bust dollars are fakes. I would be suspicious of the whole lot.

So are the 1798's, never made half's that year.

Those gold bars aren't gold bars either.

Not Halves, The Walking Liberties are Bullion Coins
So the others have to be 1 OZ Bullion Size Also.

Could be silver Rounds. or counterfeits.
take them to a jeweler
 

able_walker

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Jun 25, 2007
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I would politely suggest that nobdy offer to buy anything from this gentleman...I don't care if he does fold up the picture and put it in his wallet...it's still a crappy picture. :D
 

jeff of pa

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First off I don't see him asking anyone to Buy.

Therefore Even IF they are Fake, No Attempt
to Defraud has happend.

He asked Where to Sell Them.

His Question

"Is it possibe for us to sell this treasure.
Is there any club or maybe group that buys platinum bars?"


Until you Prove Otherwise, I request you please
give him the same respect you afford other Members.

JEFF

P.S. Yes I am sure there are Collectors that Buy Counterfeits,
IF they turn out to be that.
But without knowing where you are from, I have no way to
even Suggest who to Suggest.
 

djui5

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sorry Jeff! :)

To the OP, Please be very careful with this situation, it appears that the items are fakes.
 

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seaview

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Jun 19, 2007
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able_walker said:
I would politely suggest that nobdy offer to buy anything from this gentleman...I don't care if he does fold up the picture and put it in his wallet...it's still a crappy picture. :D

I'am not selling anything to you sir. Please don't accuse me anything wrong.
 

jeff of pa

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all I can say Seaview.

IF You Want to Send me One of each of the Coins probono,
(Free to prevent Accusations)
I can have them Tested for you. & let you know if
they are Real of Counterfeit. & either Return them
or send you their value to me, to you.

Of course you would need to PM me for my address,
And also tell me where you are located, To be sure we are
not breaking any Trafficking laws.

However as I said, You could save Money
going to a Jeweler in your area with ONE
& asking him if it's real.

However after Checking, I can almost assure you the 1790's
Dollars are Either Counterfeits, Copys, Or Silver Rounds.
 

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