Does APMEX sell fake gold bars?

No, APMEX is a legitimate, established precious metals dealer that does not knowingly sell fake gold bars. It uses authentication steps like X-ray fluorescence scanning and electrical conductivity testing on every item it receives, followed by numismatic examination.

However, no dealer is immune to counterfeits entering the supply chain. Some recent customer reports and reviews (as of early 2026) allege counterfeit silver reaching buyers, and APMEX’s own learning guide acknowledges that counterfeits exist regardless of source.

Given the industry’s rise in sophisticated fakes, it’s wise to independently verify high value purchases from any dealer, including APMEX.