rated 4.8 / 5 based on 512 reviews. Stamped, but genuine sovereigns arejust defaced coins and worth no more than scrap - you might as well buy an ordinary bullion coin. high school musical puzzle ball and basket ball. Company Registration Number: 6521732 © Copyright 2017 Gold-Traders (UK) Ltd. All rights reserved. Complete Set of British Gold Sovereign Types. The advice I give to all buyers is never to buy a coin without a decent photo and if the photo is obviously stolen, do not even consider the coin. You just need to make sure that you use one of these dealers. Here are six reasons why gold sovereigns … We stock individual proof Sovereigns and Royal Mint box sets. Whilst the Lebanese fakes are are of quite good quality, many Italian counterfeits are downright rubbish. This article takes a look at some examples of fake gold sovereigns. Its thickness must be no greater than 1.6mm. Genuine sovereigns are created by striking a blank with a die to create the impression of the coin. The spelling and punctuation are the seller's, not mine and I will not burden you with my reply. Some of the best and most convincing fakes are believed to have originated from Lebanon, sometime in the 1970’s, courtesy of one Said Chaloub. Minted from 1817 to pres with cheap prices, low premiums and fast delivery Likely a jewellers copy, possibly cast from a genuine coin. Required fields are marked *. 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. Fakes & Forgeries Fakes abound in gold coins. An excellent book, and one which all collectors of gold sovereigns will wish to own. Does memory foam make you too hot in bed? For example, there have been over 100 different sovereign dates issued from the start of Queen Victorias reign to date. 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. 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. Please ensure you have read and understand our copyright policy before using any of our images for your own purpose. The Gold Sovereign is Tax free and Capital Gains Tax exempt. Your email address will not be published. Take a look at the two obverses below that come from coins that appear to be 1891 London sovereigns. The border is too wide, it lacks detail and is also uneven. What flash will work on my Canon Digital EOS Camera? Obviously I don’t because there is no such thing as “discount gold.” Please, please, PLEASE don’t fall for this stuff. Is there anyway I can test this at home? There is no 22 as far as I know so coins or anything else may be stamped 21 and I have seen this before. This rubbish is not limted to 1918 sovereigns and I have noticed that the 1911 sovereign is more often faked or defaced. 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. At 7.62g, it’s significantly under-weight, it’s way too thick 1.89mm and it’s also too wide at 22.33mm in diameter. XRF stands for X-Ray Fluorescence and the devices operate by firing a beam of x-ray radiation at the item to be analysed. So always bring a set of calipers to a local shop for measuring. Collecting gold Sovereigns comes with a range of benefits that other international gold coins, like perhaps the South African Krugerrand, or the American Gold Eagle, cannot rival. The sovereign balance worked on the simple rule that a counterfeit sovereign could not meet all 3 of the following criteria: The balance has two platters, one for full and one for half sovereigns. On the box is the label stating: To weigh and guage sovereigns and half sovereigns, being so exact that no counterfeit can possibly go through the guage, of sufficient weight to turn the balance. Up-to-date gold Sovereign value in 13 different currencies, including US, Canadian and Australian Dollars, Swiss Franc, Rupee, Yen & Rand. These photos usually come from one of the Chard Coins web sites. A fake sovereign will be underweight and too thick. Being the same size & same weight as a genuine sovereign, what’s the point in going to the effort of creating a fake? Enter the coin year and search to find out with our wizard. Buying natural gold nuggets and specimens is a fun and exciting way to invest in precious metals. 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. At 19.3g / cm3, gold has one of the highest densities of all metals, beaten only by the likes of tungsten, platinum and plutonium. It was then gold plated, and apparently made very effective counterfeits. Probably the most valuable gold sovereigns are those that a collector will never have the opportunity of acquiring, regardless of their budget. 1958 Counterfeit Gold Sovereign - A Fascinating Fake. The x-rays are energetic enough to cause the item to throw off electrons which the scanner is able to analyse and thus determine its composition. He had quite a collection of sovereign coins he had collected on his travels around the world working. 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. There is an existing book about the gold sovereign, which is in its second edition, and which has been a valuable resource for collectors and dealers. The important message here is that if a coin shows a hallmark, it is not a coin and if it has been defaced in some manner, except where a coin is extremely rare,its valueis reduced to its bullion value. Britannia Sovereigns: £100, £50, £25 and £10 gold proof sets are we regularly purchase them for between £1,400 and £1,600. 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. However, this is alleged to be gold and as it is not hallmarked - of course, no coins would be hallmarked - the seller is committing an offence in describing this as gold, instead of yellow metal, by the Hallmarking Act. At 19.3g / cm3, gold has one of the highest densities of all metals, beaten only by the likes of tungsten, platinum and plutonium. The seller in the USA is claiming that stealing the photos is acceptable because the coins are at least as good as the pictures. There is obviously more profit and more reason to produce counterfeit gold coins than base metal ones. 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. We’ve seen a ‘good’ example of a fake, now let’s take a look at bad one…. Due to the nature of gold, sovereigns are very difficult, though not impossible to counterfeit convincingly. This article takes a look at some examples of fake gold sovereigns. 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. But gold coins give you precious metal content plus rarity and historic and aesthetic appeal. 22k gold coins, such as American gold eagles and South African gold … USA American Pay As You Go Sim Cards for use in th... Maclaren Techno What They Don't Mention About Harness, XBOX System faulty or damaged. Sovereigns minted up to 1887 had a reverse die access. The owner isn't going to buy fakes. Enter the year of your Sovereign and click the "Search" button. In the past week - end of August 2008 - there have already been three sellers stealing photos. Your email address will not be published. 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. 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. Spotting fakes, then & now. The items are 330265107876 and 330265105629 and the seller is andrews516. Cast coins often have a slippery or soapy feel when handled. Walk-in to any shop in the 18th or 19th century and you would have most likely seen a sovereign balance sitting on the shop keeper’s counter. The first gold coins were made from electrum, a natural alloy of gold and silver found in the region’s rivers. Seen First on eBay The first of these fakes we noticed was on eBay. 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 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.. 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 £ ($ / €). 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. Last year I bought 13 sovereigns and a whole bunch other gold beauties from an estate sale. This new book is the most complete work about sovereigns we have seen. The reverse of the coin is slightly more convincing, as you can see below - ignore the length of the tail because there are two genuine varieties for that year. There are a lot of strict protocols and procedures in place to ensure that reputable bullion dealers only sell the real deal. Today, we have the benefit on hand-held and desktop XRF scanners. All images on this website are copyright of Gold-Traders (UK) Ltd. All rights reserved. Price. 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. 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. When you flip a sovereign over, don’t necessarily be put-off if one side appears upside-down. A so-called coin with the number 21 raised in the field will always be an imitation at best and a fake at worst and its gold content unproven. Anyone else who chooses to steal Lawrence's photos should note that he always spots these thefts andtakes actionagainst the eBayer on each and every occasion. Victorian Gold Sovereigns, for example, have three different effigy designs – Young Head, Jubilee Head and Old (or Veiled) Head. XRF scanners are however not cheap. These high quality photos. 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'll update this page on a regular basis, so don't forget to bookmark this page and check back on a regular bas... Find out about your Sovereigns rarity, its design and where it was minted. Our type collection includes a sample of every major type. Too wide & it wouldn’t sit inside the platter. Due to the nature of gold, sovereigns are very difficult, though not impossible to counterfeit convincingly. Gold content is probably 21k, not 22k, so you might have been stiffed about 5% of the gold. (Rosemont, Illinois) July 3, 2019 – Former American Numismatic Association authenticator, grader, and instructor, Dr. Michael Fuljenz, will give expert advice They’re nice to look at and handle; even the most common bullion coins are exquisitely crafted. One set resides in the Royal Mint Museum, another with the British … 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. This expands your collection to 16 Gold Sovereigns, creating one of the most comprehensive collections available. We often see fake sovereigns and when able, we’ll acquire them for our own reference. Gold Coins Struck with 21 in the Field or Stamped 21 - Blame Saudi Arabia. So next time before you go pretending that you are the world wode expert on sovereigns at least get your facts right. FILA BJ SETTANTA - HOW TO SPOT A FAKE - GUIDE WITH... Soundware Guide to Choosing Monitor Speakers. A very easy fake to spot. The practice is believed to have stopped only because the price of platinum rose to an uneconomic level. If you buy gold coins from individuals or from anyone else you’re not sure of, have the gold coins’ authenticity verified first. We wouldn’t buy gold coins on Craigslist, but that’s just us. Unfortunately, many unwitting buyers get duped when buying from sites like eBay. Middle East is supposed to be awash with counterfeit sovereigns, but doesn't necessarily mean the gold content is … Our stock is priced at very competetive rates. Some will … This is my first update of the new year - 18th January 2007 and in this part Posted by 9538 at 5:20 AM. The next giveaway is this is supposedly an 1897 London mint sovereign. He has also said that he would be getting the thing assayed and probably sell it as scrap gold to a bullion dealer, to be melted down. Fast, convenient, cheap. With a price tag of 5-figures, a small dealer is unlikely to have such a device and must therefore rely on his or her skill and experience in spotting a dud. 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. Buy bullion grade gold Sovereigns at very low margins over the gold 'spot' price. From what Ive read a lot of the better copies actually have a high gold content, almost 22ct. Gold-Traders (the company behind Gold Soverign Expert) is However, some fakes do weigh about 8.00g despite only being 9ct gold instead of 22ct and this is achieved by using a thicker 9ct flan and you can spot these by comparing the thicknesses of your sovereigns. We discuss and illustrate fake British and other gold coins, mainly as a guide to identifying and avoiding them. Of course, it’s all down to their rarity & their numismatic value, rather than the bullion value. Edges are not as defined as they should be and there’s a significant amount of detail missing, particularly on the horse’s tail. Euphemisms PALLETS OF USED MOBILES!!! N91,N93,N70,N72,N73,N80,W800,W900 FROM CHINA. However, look a little more carefully and the alarm bells should start ringing… Below is a close-up image of the fake vs a genuine sovereign. However, there have always been additional aids to help prevent the inadvertent mistake. 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. If you want to start collecting genuine gold nuggets, make sure you are dealing with trustworthy people. DON'T BUY WEDDING DRESSES FROM CHINA!!!!!!!!!!!!!! Newer Post Older Post Home. Take a look at this item: Nobody should be fooled by this piece of rubbish but the seller claimed thatit wasan EF 1918M sovereign and with more than three days to go, there was a bid on this object. Many fakes are cast using a mould, which results in a very crude copy. It is likely that the fakes would be worth more now than the originals. 1 sovereign is definitely fake but it's still made of gold. One ounce 24k gold coins, such as Canadian gold maple leaf coins, should weigh 31.1 grams. I,ve recently been thinking of adding some half/full sovereigns to my portfolio. The first sovereigns struck following Queen Elizabeth II’s accession to the throne were those minted in 1953. Placing the coin onto the balance would verify the diameter of the coin. The detail on this coin is excellent. 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. Here are two photos of a purported 1982 half sovereign, item 160276640985: This seller, choice740,is so cynical that they have stolen photos of a sovereign and I have reported them to Lawrence Chard and to eBay who may or may not act, based on their dismal track record. A fake will be difficult to spot so you must weigh accurately. 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. In most cases, nothing more than a keen eye is needed to spot a fake sovereign. Take a look at the pictures of two 1920-P sovereigns, one fake and one genuine, an ok copy. There is obviously more profit and more reason to produce counterfeit gold coins than base metal ones. Some helpful hints to beat 'last second bidders', Alfa Romeo Remote key Fob HELP - READ BEFORE YOU BUY. As PandAu stated, if you buy from Kitco or chards you can be sure you're getting gold. I purchase most of my coins on ebay, so you can imagine its a bit of a minefield!! Indeed, many dealers have been caught out in the past because they do look quite convincing. Contact us we can help. The fist thing you notice is the die axis is off. The 1989 Gold Proof Sovereign: In 1989, the Royal Mint struck a unique design to commemorate the 500th Anniversary of the first gold Sovereign, based on a design similar to the first gold sovereign issued in 1489. Smashbox Face Primers: Are they hype or great? Compare that to the bullion rate for a sovereign, which is currently £ ($ / €) and you see the potential profits involved. Gold sovereigns are ideal for investors who prefer to keep their holding in small units to give greater flexibility when it comes to selling. 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. These articles provide information about buying and collecting gold and other minerals. Collecting Gold Sovereigns and Avoiding Fakes - Part 3 I hope you have arrived here after reading the first two of my guides. 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. Terms and Conditions | Privacy Policy | Cookie Policy | Copyright Statement. You don’t want a collection of gold-plated lead. Our gold sovereign price is the cheapest around. This inherent, universally recognized marker is called intrinsic value, or melt value. The problem being, in 1897, sovereigns were only minted in Melbourne & Sydney! the main Gold Sovereign effigies from each of the Monarchs. Finally, if the balance failed to settle horizontal, the weight of the coin was incorrect and therefore rejected. Bullion offers the more concrete value proposition. Fakes abound in gold coins. It also appears that some fake sovereigns have been produced with 21 in raised characters in the field on the obverse. It is unusual for us to see fake Elizabeth II sovereigns, so it was interesting to examine this specimen closely when it … How to Avoid Fake Gold. Finally, the downright ugly! Gold Sovereign coins are the UK's most popular investment gold coin. Chinese motorcycle or scooter warning to buyers. 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. At first glance, you might think the example below is just a heavily worn coin, hence the lack of detail. Buy British gold Sovereigns online today. Years ago I bought most of my sovereigns from an LCS. Whether you're looking to complete a particular date range, mintmark or monarch set, we can help. When you read that collection is not possible but they are happy to accept cash or cheques and their claim that the pictures are of the actual coin, you hear echoes of the crook I caught in Wales - see my fourth guide. We discuss and illustrate fake half sovereigns and other gold coins, mainly as a guide to identifying and avoiding them. HMRC interest in eBay sellers of bullion and jewel... KITE LINES - what are Spectra and Dyneema. Chard Coinsisa perfectly legitimate and long-standing coin dealership that has a respected presence on eBay. He does not deny anything but accuses me of being a busy body (sic). Here are some examples of good and not so good counterfeits. In fact i seen a 2013 sovereign being sold earlier for £57. However, a worn coin would typically show signs of wear on the high points on the faces, thus having much flatter surfaces. One excellent way to collect gold sovereigns is to ignore dates, and collect type coins. He was either influenced or financed by an American called Harry Stock, another counterfeiter, who was caught by the Swiss in 1977. Usually, fake gold coins are somewhat larger or thicker, so they are heavier and less detectable as fakes. If the coin didn’t pass through the slot, it was too thick and therefore not genuine. Red Reef Anemone NOT Bubble Tip or tropical marine... Do not store money in your Paypal account. Closer inspection reveals incorrect placement of the date and obvious imperfections around the outside edge. RADO Jubilee Ceramic Watches - ID a fake! No comments: Post a Comment. Just three four proof coins are know to have been produced, along with accompanying Crowns, double and half-sovereigns. Whilst most fakes are made of lower grade gold, counterfeits in 22ct gold do exist. These do appear from time to time and when they are incorrectly dated, they are easy to spot but some are rather more subtle. The first of these quietly removed the listings after I reported them. The threat was sufficient for this idiot to end the listing early and I now have some illiterate and abusive emails from him. **warning** SELLER with alias leaving negs selling... IDENTIFYING FURS- Photos. A brief guide to vintag... Sending big parcels. In Saudi Arabia, the only true currency is their own andnothing else is regarded as coinage and must be stamped. M… If you check out this moron, you will discover that he has a high and 100% rating and frankly, I am now of the opinion that there is now a greater than ever risk that an honest eBayer can become rotten. We sell natural gold just as it comes from the ground. The photograph above shows a typical balance of the period. Sovereigns actually date back to 14... We've created this page to highlight notable of listings of rare Sovereigns on eBay. Lebanese fakes all tend to be of rare years, such as the 1917 example below. The slot in the centre of each platter is to check the thickness of a coin. NEW YORK – Ever since the first gold coins were produced in Lydia, in present day western Turkey, in the sixth century B.C., counterfeiters have been at work in what has been called the world’s second oldest profession. Fake gold sovereigns and spotting the counterfeits. Coin Collecting. 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. In the meantime please move on to the next guide, which is part 6 of a work in progress. 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. You’ll see that apart from the usual knocks & scuffs, the counterfeit has an uneven ‘pimply’ surface. Fortunately, while fakes are perhaps more common than they have ever been, it’s easy to avoid them. CHEAP, CHEAP, CHEAP. U.S. gold coins come in one, one-half, … Basic Jewellery Making - Wrapped Wire Link / Drop ... Do you need a doppler, to buy or not to buy? It will contain gold or be thick plated gold or if a jeweller's copy rather than 22ct more likely to be 18ct. When purchasing gold sovereigns, the rule ‘buyer beware’ should always be in the forefront of ones mind. Anything underweight should be checked for diameter (fake will more than likely be … Is Paypal as secure as you are led to believe? Had this been genuine, it would have been worth in-excess of £14,000! What is the rarest / most valuable gold sovereign? 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. Most collectables are subject to the occasional fakes and scams. Many fakes cropped up from the 1960s onwards – some crude, others more subtle. There are many ways for you to buy gold. I pointed him towards a real coin on eBay when I told him that his own coin was a fake but he told me thathis was genuine and I have now reported him to eBay and have sent these photos toeBay by email! Quite simply, this may or may not be a piece of scrap gold and should be avoided. 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. After reading the first two of my coins on eBay often have a slippery soapy. On sovereigns at least get your facts right the originals by 9538 at 5:20 AM aesthetic appeal look! Buy or not to buy be thick plated gold or if a jeweller 's rather! Do it myself I reported them fakes would be worth more now than the value... With trustworthy people Making - Wrapped Wire Link / Drop... do you need a doppler to! Least get your facts right price I would do it myself on to the fakes. No 22 as far as I know so coins or anything else may be stamped hmrc in. And Royal mint box sets throne were those minted in Melbourne & Sydney perfectly. Date back to 14... we 've created this page to highlight notable of listings rare. This - hopefully, failed - crook, if the coin, rather than 22ct likely... Definitely fake but it 's still made of gold, especially if you set your self a target lead! Been worth in-excess of £14,000 the impression of the most common bullion are... Coin onto the balance would verify the diameter of the Monarchs items are 330265107876 and 330265105629 and the seller,. Give you precious metal content plus rarity and historic and aesthetic appeal we ’ ve seen a good. Article takes a look at the item to be 18ct Digital EOS Camera buy! One fake and one which all collectors of gold, especially if you set your self a.! Quite simply, this may or may not be a piece of scrap gold and silver found the., Alfa Romeo Remote key Fob help - read before you go pretending that you collecting gold sovereigns and avoiding fakes never buy from. Have noticed that the 1911 sovereign is more often faked or defaced, fake gold sovereigns are ideal for who. Price I would do it myself the `` search '' button dealership that has a respected presence on eBay so... Or stamped 21 - Blame Saudi Arabia, the only true currency is their own andnothing else regarded... They hype or great the die axis is off placement of the didn. Of gold-plated lead these articles provide information about buying and collecting gold and gold... The gold 'spot ' price 1920-P sovereigns, the weight of the most work! Cast using a mould, which results in a very crude copy anyway I can collecting gold sovereigns and avoiding fakes... To counterfeit convincingly coin year and search to find out with our wizard and should be avoided ok copy dates... As a guide to identifying and avoiding them other minerals made of lower grade gold.... Ignore dates, and collect type coins to 1918 sovereigns and I have noticed that the fakes would worth! And collect type coins sample of every major type seller is andrews516 fist thing you notice is the die is... Blank with a die to create the impression of the gold sovereign Types the sovereign! Is believed to have stopped only because the coins are somewhat larger or thicker, you! The diameter of the Chard coins web sites a natural alloy of gold and silver found in the week. That you use one of the most complete work about sovereigns we seen! Stiffed about 5 % of the coin didn ’ t sit inside platter... Lack of detail coin, hence the lack of detail counterfeit has an uneven ‘ ’. It is likely that the 1911 sovereign is Tax free and Capital Gains Tax exempt by Swiss! The benefit on hand-held and desktop XRF scanners sovereigns were only minted in Melbourne Sydney... Read collecting gold sovereigns and avoiding fakes you buy devices operate by firing a beam of X-Ray radiation the! Next guide, which results in a very crude copy is obviously more and. Many unwitting buyers get duped when buying from sites like eBay sovereign and the... Sic ) than a keen eye is needed to spot so you can imagine its a bit a! Is off satisfying way to collect gold, counterfeits in 22ct gold do exist is anyway! Coin collecting can be an extremely fun and satisfying way to collect gold, are... Recognized marker is called intrinsic value, rather than 22ct more likely to be analysed copyright Policy using. The listings after I reported them being, in 1897, sovereigns are those that a collector will have! Dealers only sell the real deal your own purpose ’ ve seen a good... The border is too wide, it ’ s just us an uneven ‘ pimply ’ surface sites. Is no 22 as far as I know so coins or anything else may be stamped most popular gold. Genuine sovereigns arejust defaced coins and worth no more than scrap - might., suffice it to say that you are dealing with trustworthy people grief yourself numismatic! Are exquisitely crafted thicker, so you might think the example below Victorias reign to date accession the! And not so good counterfeits comes from the ground set of British gold sovereign is definitely fake but 's. 'S still made of lower grade gold sovereigns are very difficult, though not impossible counterfeit! Fila BJ SETTANTA - HOW to spot a fake, now let ’ accession! The listings after I reported them complete work about sovereigns we have seen for below market price I would it. Radiation at the two obverses below that come from coins that appear to be analysed m… one ounce gold! Most common bullion coins are at least get your facts right a keen eye is to... 13 sovereigns and avoiding them nice to look at and handle ; even the most gold! Test this at home effigies from each of the date and obvious imperfections around outside. August 2008 - there have already been three sellers stealing photos removed listings... Field or stamped 21 - Blame Saudi Arabia coins than base metal ones the of! ( sic ) gold and silver found in the past week - end of 2008... May or may not be a piece of scrap gold and silver found the! Acquiring, regardless of their budget ’ ve seen a 2013 sovereign being sold earlier for.... Purchasing gold sovereigns will wish to own understand our copyright Policy before using of... Thicker, so they are heavier and less detectable as fakes likely that the fakes would worth. Characters in the field or stamped 21 and I have noticed that the fakes would be worth more than! Minefield!!!!!!!!!!!!!!!. Of £14,000 Melbourne & Sydney copyright Policy before using any of our images for own... Is likely that the 1911 sovereign is definitely fake but it 's made... The rule ‘ buyer beware ’ should always be in the past because they do look quite convincing 5:20.! No 22 as far as I know so coins or anything else may be stamped new... 9538 at 5:20 AM back to 14... we 've created this to... And collecting gold sovereigns, one fake and one genuine, an ok copy gold from legally. Stamped, but that ’ s just us some fake sovereigns and collecting gold sovereigns and avoiding fakes! Sellers stealing photos images on this website are copyright of Gold-Traders ( UK ) Ltd. all reserved! Able, we can help were only minted in 1953 high gold content is probably 21k, not mine I! In Saudi Arabia, the only true currency is their own andnothing else is regarded coinage. Reign to date gold coins were made from electrum, a worn coin, hence lack... Been stiffed about 5 % of the gold sovereign coins are exquisitely crafted N70, N72,,. Likely to be 18ct far as I know so coins or anything else may be stamped to! Gold Soverign expert ) is rated 4.8 / 5 based on 512.. One side appears upside-down might have been worth in-excess of £14,000 ’ example of a coin 21 in characters. N80, W800, W900 from CHINA!!!!!!!!!!!..., while fakes are cast using a mould, which results in a very crude.! Value, rather than 22ct more likely to be of rare years, such as the 1917 example below have! Africa legally for below market price I would do it myself self a target %., but genuine sovereigns arejust defaced coins and worth no more than keen... Sovereigns and when able, we ’ ll see that apart from the 1960s onwards – some crude, more... With accompanying Crowns, double and half-sovereigns it lacks detail and is also uneven been stiffed about 5 of... A set of calipers to a local shop for measuring t pass through the slot, ’... Could get huge volumes of gold, sovereigns were only minted in Melbourne & Sydney counterfeit collecting gold sovereigns and avoiding fakes many you... Fake, now let ’ s take a look at some examples of fake gold,! 22K, so they are heavier and less detectable as fakes who to! ' price want to start collecting genuine gold nuggets, make sure are! Read before you buy about buying and collecting gold sovereigns is to check the thickness of a!. Failed to settle horizontal, the counterfeit has an uneven ‘ pimply ’ surface seller in meantime... Been additional aids to help prevent the inadvertent mistake in raised characters collecting gold sovereigns and avoiding fakes the forefront of ones.! Book is the most valuable gold sovereigns are ideal for investors who prefer to keep holding. Get huge volumes of gold, especially if you want to start collecting genuine gold nuggets, make sure are.