Detect Counterfeit machine by Sigma Metalytics.

[Neckro]

Anyone have thoughts on this machine, it's recent as of the Long Beach Expo I believe. Said to be really accurate, but not much out there besides a few demo vids from the show.
http://www.youtube.com/embed/C1BhZQ3zCEE

[Copper Catcher]

http://www.sigmametalytics.com/purchase.html

Here are the prices for the machine.... It would be interesting to know if it "wears out" or if you can check bigger silver bars etc. I would assume so. A great way to help prevent you from buying the fakes that seem to be flooding the market. I would be interested to know if anyone on here has purchased one yet.

[blackrabbit]

I think Nate is going to check them out. I saw him post something to that effect over at BS. The machines look awesome via the video. That it works through plastic is fabulous. If these work as well as they seem to they should really help the whole precious metals market and industry as a whole.

[beauanderos]

http://www.coinweek.com/bullion-report/precious-metal-verifier-available-help-determine-genuine-gold-silver-items-video-417/

[natsb88]

I think Nate is going to check them out. I saw him post something to that effect over at BS. The machines look awesome via the video. That it works through plastic is fabulous. If these work as well as they seem to they should really help the whole precious metals market and industry as a whole.

Yes, I'm in touch with the manufacturer.

[Copper Catcher]

I think Nate is going to check them out. I saw him post something to that effect over at BS. The machines look awesome via the video. That it works through plastic is fabulous. If these work as well as they seem to they should really help the whole precious metals market and industry as a whole.

Yes, I'm in touch with the manufacturer.

Let me know how good you think the machine is and if you think the price will come down. I'd love to get one and verify what I have is real. I think it all is but you never know these days.

[68Camaro]

If they perform as claimed, that they exist and have an affordable price point will create a major correction in confidence for the entire industry.

[NHsorter]

Here is a link to the mfr. website. $889 for the model with all the bells and whistles including the new wand that works on bars. Looks cool. Can't wait to hear how well it works.

http://www.sigmametalytics.com/purchase.html

[frugi]

Finally an alternative to X-ray spectrometer- and it costs only $700!! not thousands- WOW!

http://www.coinweek.com/bullion-report/precious-metal-verifier-available-help-determine-genuine-gold-silver-items-video-417/





I must get one of these!

[Cu Penny Hoarder]

Especially if you've purchased PMs on Feebay.

[ThePowersThatBe]

Merged threads.

[reddirtcoins]

I need to find their next show.. Maybe in Texas... very nice.

[Copper Catcher]

I know this sounds cheap....but buy one and pass it around for a small fee...Everyone wants to check their stack, then after that it gathers dust.

[Thogey]

Finally an alternative to X-ray spectrometer- and it costs only $700!! not thousands- WOW!

http://www.coinweek.com/bullion-report/precious-metal-verifier-available-help-determine-genuine-gold-silver-items-video-417/





I must get one of these!

$700 seems really cheap. This is good. Over time the price will come down even more. Maybe a wristwatch version for 49.99.

Anything that knocks the bottom out of the alibaba chinese fake silver market is good, very good.

[Thogey]

I want one! The guy said "volume discount".

Group buy? We should get in touch with him, BS and RC. This is a great tool!

[Neckro]

I want one! The guy said "volume discount".

Group buy? We should get in touch with him, BS and RC. This is a great tool!

Depends on the discount, and supposedly dealers get an discount already. Or maybe someone can find a way to rent it out for services so people can verify their own stashes and weed out possible fakes.

[smackvay]

I want one! The guy said "volume discount".

Group buy? We should get in touch with him, BS and RC. This is a great tool!

I think nate is working on getting a group buy going or at least a group price

[natsb88]

Working on it guys. The company has not been very responsive so far. Don't know if it's just due to the holiday or if they are overwhelmed with orders or what.

[reddirtcoins]

wish they would hurry up and get back to work!

[natsb88]

Finally heard back. They have been slammed with orders since the Coinweek video came out and all of their current inventory is spoken for. They are going to send me a demo unit next week and then I can start ordering. I should be able to offer them to Realcent/Bullionstacker members for about 5% under the list price.

[natsb88]

I got a demo unit from Sigma with the small and medium wands. They didn't send a bullion wand with this one but I will be buying a complete set myself.

I made a basic video testing various genuine and fake gold and silver items. This video is really just for BullionStacker and Realcent. It will eventually be replaced by a more detailed "how-to" and demo video once I work with Sigma a little more and get a bullion wand.

(video is still uploading to YouTube, I will post it as soon as it is done).

I ran into one thing that concerns me, which are counterfeit Monarch 1/4 and 1/10 oz gold rounds that consistently test as genuine. I'm going to work with Sigma to figure out why that is and hopefully correct the issue. The pieces weigh correctly but are oversized so can be detected as fakes by other methods, which emphasizes the important of using multiple methods of verification and educating yourself on what to look for. Other than those pieces the device performs admirably.

Here are some of the common questions I have been getting.

Q: Does it really read through bags, capsules, slabs, etc.?
A: Bags and capsules, generally yes. Slabs, sometimes. Larger coins in slabs usually work, fractionals are hit and miss. I was able to read a slabbed 1/4 oz gold eagle with the large wand, but not a 1/10 oz. The smaller and thinner coins in a standard thickness slab leave a larger gap between the metal and the sensor. The bullion wand might work better for small coins in slabs, that is yet to be seen.

Q: Does it work with bars or only rounds?
It works with both.

Q: How large of an item will it measure?
The largest item I had available was a 10 oz silver bar, and that worked fine on the main sensor. Since you can use a wand, you can really measure an item as large as you like. But keep in mind that even with the bullion wand it will only penetrate about 2mm into the metal. That is more than sufficient for 1 oz pieces, but it's probably not going to detect a 100 oz silver bar that has been carefully drilled and filled.

Q: What about poured bars?
The Verifier measures the electrical properties of the metal sample and compares it to a database of known values. Internal cracks and porosity, as well as a very irregular surface, can affect the resistivity and throw off the results. From my little bit of experimentation, the verifier will accurately measure a bar if you place a flat and relatively smooth side of the bar against the sensor or wand. If you try to measure over the stamping, where there are pockets and bubbles, or if the surface is just very irregular, it won't measure accurately. Again, keep in mind that with the normal sensors it's reading about 0.5mm into the surface, and with the bullion wand up to 2mm, so any stamping, relief, void, etc. that deep or deeper will affect the measurement.

Q: What about bi-metallic coins like casino tokens?
Good question. I would guess that by using the wand to isolate either the center or the outer ring you could test both metals, but I don't have any on hand so I will have to try that later.

Q: Group buy?
Yes! I have some bulk pricing information from Sigma and I am willing to run a group buy. Keep an eye on the Buy it Now forum.

[natsb88]

[68Camaro]

Is it possible that since you weren't using the wand that the fake Monarch rounds had enough of a healthy playing of real gold that the half mm sensor couldn't see deep enough?

[natsb88]

Possible. I did try the standard small and large wands they sent, but those go approximately the same depth as the main sensor. I will try with a bullion wand when I get one. I also have a message into Sigma about the MPM fakes.

[Country]

Nate - I'd be interested in buying the custom model with ALL the wands. Please drop a PM when you get it coordinated.