High-quality counterfeit gold bars sold in Winnipeg and other Canadian cities, police say

If you're planning on buying gold bars anytime soon, Winnipeg police are advising extra caution after a series of "suspicious transactions" at locations in the city.

Six bars were exchanged in Winnipeg for just under $5,000

Police say high-quality counterfeit gold bars similar to this one were sold in Winnipeg last month. (Winnipeg Police Service)

If you're planning on buying gold bars anytime soon, Winnipeg police are advising extra caution after a series of "suspicious transactions" at locations in the city.

The transactions took place on Nov. 30 at a number of pawn shops and gold buyers, police said, involving the sale or pawning of counterfeit one-ounce gold bars.

Six of the bars were exchanged in Winnipeg for just under $5,000.

City police said officers in other Canadian cities also investigated similar incidents.

Police said the bars and packaging were very high-quality counterfeits.

They were bearing either Perth Mint or PAMP (Produits Artistiques Métaux Précieux — Switzerland) stamps.

Police say anyone purchasing a similar bar should take extra steps to ensure its authenticity.