![]() ![]() ![]() To address concerns of possible counterfeiting of PAMP products, PAMP earlier in Spring 2015 introduced completely new packaging containing products protected with patented VERISCAN technology exclusive to PAMP, which allows authentication of PAMP products without need to remove them from the packaging. ![]() “I did contact PAMP and they told me this is the first they heard of platinum being counterfeited.” “The packaging did look authentic, but I was more focused on the bars. “That doesn’t do much good for the thousands and thousands of bars sold prior to the technology,” Herres said. PAMP currently employs VERISCAN technology in its production and packaging as anti-counterfeiting deterrents. Herres said the unnamed dealer is pursuing legal remedies to recoup his loss. With the spot price of platinum in the $1,100-per-troy-ounce range when he purchased the bogus bars, the unnamed dealer is currently out about $3,000. It is not known what metal was used to plate the counterfeit bars. Herres cut a notch into one of the vertical edges of the bar, exposing a core of copper or copper alloy. To further test for authenticity, Herres received permission from the unnamed dealer to whom the bars were originally sold to remove one of the purported platinum bars from its packaging for invasive testing. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |