Middle East is supposed to be awash with counterfeit sovereigns, but doesn't necessarily mean the gold content is … Last year I bought 13 sovereigns and a whole bunch other gold beauties from an estate sale. Chard Coinsisa perfectly legitimate and long-standing coin dealership that has a respected presence on eBay. No comments: Post a Comment. How to Avoid Fake Gold. Even though it’s fairly easy to spot a fake in the flesh, or from close-up images, it’s another matter when you’re relying on small, poor quality photos. Holding the coin using thumb and forefinger and rotating it on a vertical axis shows that the obverse and reverse faces are not in-line with each other. It may be one liar or several but please read the latest news about sellers claiming inflated values for gold sovereigns; I have updated my fourth guide for this scam. The worth of the coin, bar, or round is primarily derived from the mass and purity of the metal content and the current spot price of that metal. Minted from 1817 to pres with cheap prices, low premiums and fast delivery SWAPSHOPBARGAINS-FAKE HOME AND AWAY SHIRTS !DO NOT... How to grade 78rpm records for sale on ebay, BEWARE OF SELLERS THAT DO NOT OFFER PAYPAL, A Wii bit of advice from a Platinum Power Seller, Do NOT buy Led Zeppelin tickets @o2 on ebay, Buying Atari Jaguar Hardware and Software on eBay, THIERRY MUGLER - ANGEL - FRAGRANCE INFORMATION, Tele / telephoto 2x / 3x lens adapters / converters. Finally, the downright ugly! Coin collecting can be an extremely fun and satisfying way to collect gold, especially if you set your self a target. The gold pound of 1958 is one of the most sought-after and commercialised productions of all gold sovereigns: on the straight side the coin presents the first portrait of Queen Elizabeth II (the one with the bow) and on the reverse side a drawing by Saint George with the dragon. Most collectables are subject to the occasional fakes and scams. Fake gold sovereigns and spotting the counterfeits. At 19.3g / cm3, gold has one of the highest densities of all metals, beaten only by the likes of tungsten, platinum and plutonium. Due to the nature of gold, sovereigns are very difficult, though not impossible to counterfeit convincingly. PALLETS OF USED MOBILES!!! Finally, if the balance failed to settle horizontal, the weight of the coin was incorrect and therefore rejected. Lebanese fakes all tend to be of rare years, such as the 1917 example below. You don’t want a collection of gold-plated lead. When you flip a sovereign over, don’t necessarily be put-off if one side appears upside-down. Fakes & Forgeries Fakes abound in gold coins. It is unusual for us to see fake Elizabeth II sovereigns, so it was interesting to examine this specimen closely when it … Beware Krugerrand South Africa Mini Gold Coins Scams, DO NOT BUY REPRODUCTION TAMIYA MANUALS ON EBAY, Cricket bats: English Willow "nurtured in India", Guide to PC Cable management tidy up inside your case. At 19.3g / cm3, gold has one of the highest densities of all metals, beaten only by the likes of tungsten, platinum and plutonium. Fast, convenient, cheap. It also appears that some fake sovereigns have been produced with 21 in raised characters in the field on the obverse. If you want to start collecting genuine gold nuggets, make sure you are dealing with trustworthy people. The border is too wide, it lacks detail and is also uneven. Coin Collecting. This new book is the most complete work about sovereigns we have seen. The items are 330265107876 and 330265105629 and the seller is andrews516. So next time before you go pretending that you are the world wode expert on sovereigns at least get your facts right. A fake sovereign will be underweight and too thick. The problem is that i,ve been reading about them on - line and there seems to be a lot of good looking fakes going about. Closer inspection reveals incorrect placement of the date and obvious imperfections around the outside edge. One set resides in the Royal Mint Museum, another with the British … Newer Post Older Post Home. Gold sovereigns are ideal for investors who prefer to keep their holding in small units to give greater flexibility when it comes to selling. rated 4.8 / 5 based on 512 reviews. high school musical puzzle ball and basket ball. Buying gold Sovereign coins is a great way to preserve value against inflation, and, as British legal tender, are Capital Gains Tax exempt for UK investors. Finally, after challenging my assessment and asking for evidence, the seller did remove this listing but then he put it up again, still claiming it to be gold and a sovereign coinand it was bought. Well, I will be telling you more horror stories as I find them andI should be happy to give you my advice - as I have given it others, if you contact me on lapidary99 at hotmail.com. The Gold Sovereign is Tax free and Capital Gains Tax exempt. It is August 31 today and I will be keeping a very close watch on this one and have a meeting scheduled with a police officer tomorrow on a different fraud and will attempt to have the "seller's" account suspended. Some helpful hints to beat 'last second bidders', Alfa Romeo Remote key Fob HELP - READ BEFORE YOU BUY. Seen First on eBay The first of these fakes we noticed was on eBay. It was then gold plated, and apparently made very effective counterfeits. UV FLY CATCHER ELECTRONIC INSECT WASP MOSQUITO KILLER, BUYING A HONDA CBR600RR - REVIEW AND VIDEO ROAD TEST, 4.1 / 4.0 / 1.3 mega pixels Webcam for sale on ebay. Quite simply, this may or may not be a piece of scrap gold and should be avoided. Whether you're looking to complete a particular date range, mintmark or monarch set, we can help. This article takes a look at some examples of fake gold sovereigns. Here are some examples of good and not so good counterfeits. Basic Jewellery Making - Wrapped Wire Link / Drop ... Do you need a doppler, to buy or not to buy? the main Gold Sovereign effigies from each of the Monarchs. Your email address will not be published. Likely a jewellers copy, possibly cast from a genuine coin. The first of these is item 350128794602 which was listed on 20 November 2008 by seller misiu74 and the second is a photo of one of my own coins. This article takes a look at some examples of fake gold sovereigns. The differences are many and you should examine these closely to avoid future grief yourself. You’ll see that apart from the usual knocks & scuffs, the counterfeit has an uneven ‘pimply’ surface. 1 sovereign is definitely fake but it's still made of gold. However, a worn coin would typically show signs of wear on the high points on the faces, thus having much flatter surfaces. Years ago I bought most of my sovereigns from an LCS. CHEAP, CHEAP, CHEAP. Bullion is a time-tested investment vehicle, are readily tradable, and work ideally as part of an estate to be handed down to your heirs. The item is a fake and a poor one at that and cannot be described as a coin, because it is not and never has been legal tender.. A new problem is appearing on eBay and that is the stealing of photos of coins from a web site by sellers claiming to have the coin or one of equal quality. He was either influenced or financed by an American called Harry Stock, another counterfeiter, who was caught by the Swiss in 1977. The slot in the centre of each platter is to check the thickness of a coin. What flash will work on my Canon Digital EOS Camera? In the case of gold sovereigns, forgers seem to have lit on the George V sovereigns as a fruitful area, so much so that Spink's standard catalogue specifically warns readers on this point. We’ve seen a ‘good’ example of a fake, now let’s take a look at bad one…. As for the gold content, an XRF test reveals a purity of just 59.9%, which means the scrap value of this coin is just £ ($ / €). Cast coins often have a slippery or soapy feel when handled. The practice is believed to have stopped only because the price of platinum rose to an uneconomic level. Being the same size & same weight as a genuine sovereign, what’s the point in going to the effort of creating a fake? Red Reef Anemone NOT Bubble Tip or tropical marine... Do not store money in your Paypal account. Obviously I don’t because there is no such thing as “discount gold.” Please, please, PLEASE don’t fall for this stuff. Required fields are marked *. These photos usually come from one of the Chard Coins web sites. Gold being at close to all time highs may not be the best time to start collecting sovereigns, but weighed against that is the fact that with some of the earlier dates now priced about bullion value, you should pick up coins in top grades for little over melt value. Take a look at the pictures of two 1920-P sovereigns, one fake and one genuine, an ok copy. Your email address will not be published. Now, let us welcome a new crook on the block, jenc4266 and their lovely 1838 sovereign, 250288972760: Once again, photos stolen from Lawrence Chard but thisfailed crookstole a photo of an 1871 reverse, hence the die number that would not appear on a real1838 sovereign. The 2017 Gold Sovereign celebrates 200 years since the first 'modern' Sovereign was minted in the UK and is now available to purchase direct from The Royal Mint. Whilst most fakes are made of lower grade gold, counterfeits in 22ct gold do exist. There is obviously more profit and more reason to produce counterfeit gold coins than base metal ones. So always bring a set of calipers to a local shop for measuring. Britannia Sovereigns: £100, £50, £25 and £10 gold proof sets are we regularly purchase them for between £1,400 and £1,600. M… Usually, fake gold coins are somewhat larger or thicker, so they are heavier and less detectable as fakes. Of course, it’s all down to their rarity & their numismatic value, rather than the bullion value. Gold-Traders (the company behind Gold Soverign Expert) is These do appear from time to time and when they are incorrectly dated, they are easy to spot but some are rather more subtle. We wouldn’t buy gold coins on Craigslist, but that’s just us. XRF scanners are however not cheap. Terms and Conditions | Privacy Policy | Cookie Policy | Copyright Statement. Too wide & it wouldn’t sit inside the platter. The first gold coins were made from electrum, a natural alloy of gold and silver found in the region’s rivers. We discuss and illustrate fake half sovereigns and other gold coins, mainly as a guide to identifying and avoiding them. Some will … Enter the year of your Sovereign and click the "Search" button. XRF stands for X-Ray Fluorescence and the devices operate by firing a beam of x-ray radiation at the item to be analysed. HMRC interest in eBay sellers of bullion and jewel... KITE LINES - what are Spectra and Dyneema. I told the seller that it was a fake and his reply was: This was a gift from an ex girl friends father who was quite wealthy. The seller assured me on 11 September 2008 that he would be accepting the return of the item and be refunding the buyer's payment. Smashbox Face Primers: Are they hype or great? Fakes are only worth their bullion value and the problem with all of these is that you cannot be sure of the gold content until you own it and test it. The buyer has since also confirmed this and so, given the seller's otherwise perfect eBay reputation, I have agreed to remove anything that would identify this seller. All images on this website are copyright of Gold-Traders (UK) Ltd. All rights reserved. We sell natural gold just as it comes from the ground. Collecting Gold Sovereigns and Avoiding Fakes - Part 5 Gold Coins Struck with 21 in the Field or Stamped 21 - Blame Saudi Arabia Things have been relatively quiet lately but here is a subject I have not discussed so far but this is another general area where you can easily be tricked or fooled. There is no 22 as far as I know so coins or anything else may be stamped 21 and I have seen this before. These high quality photos. A brief guide to vintag... Sending big parcels. This rubbish is not limted to 1918 sovereigns and I have noticed that the 1911 sovereign is more often faked or defaced. All were good. Our type collection includes a sample of every major type. Gold Sovereign coins are the UK's most popular investment gold coin. The photograph above shows a typical balance of the period. The sovereign is a gold coin of the United Kingdom that has a nominal value of one pound sterling.Struck since 1817, it was originally a circulating coin that was accepted in Britain and elsewhere in the world; it is now a bullion coin and is sometimes mounted in jewellery. The Gold Sovereign Coin, has a profound history and is undeniably Britain's most famous coin.Even today, it remains a popular store of wealth as well as a testimony to the duration of the British Empire. If the dimensions of the fake are accurate (diameter and thickness), it will be too light and if the weight of the fake matches a genuine coin, it would either have to be thicker and / or wider to accommodate the additional material. At first glance, you might think the example below is just a heavily worn coin, hence the lack of detail. These articles provide information about buying and collecting gold and other minerals. In the past week - end of August 2008 - there have already been three sellers stealing photos. More common than they have ever been, it lacks detail and is also.... Over the gold sovereign is more often faked or defaced this at home -! Simply, this may or may not be a piece of scrap gold and should be.... I seen a ‘ good ’ example of a minefield!!!!!!. Of acquiring, regardless of their budget the better copies actually have a high gold content is 21k. Their numismatic value, rather than 22ct more likely to be 18ct typically signs! 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Some examples of fake gold sovereigns, the counterfeit has an uneven ‘ pimply ’....