SilverJacks

Hey guys. Missed the launch this morning. That said, 50,000 ahead of me but the 1oz and 50p's were still available! I managed to scoop up x10 them!! So, who wants to buy some off me? First ever King Charles coins must be like, double RRP mark up? Or very nearest offer? Oh almost forgot, there's like 16 week expected delivery, so I can only do pre-order. But don't worry, soon as they're in hand I will dispatch via postage of your choice, risk, expense... Don't all rush at once guys, I have enough to go around

@Britannia47 Lovely coins. Thank you for sharing. Sure, I’ll send to NGC to be sure. But having purchased the coin, you have to try don’t you? When it comes to learning, one has to start somewhere..

Yes, I didn’t notice any issue with the edge, but he noticed it immediately, without any reference to other coins. He said the edge doesn’t look right and offered to compare to his collection of Colonial sovereigns the following day. When I returned, sure enough, the edge appeared different to his coins (5 different coins from 1859-1870, including one the same year). I guess the only way to find out is grading. Looking at the whole coin, the N in sovereign is very faint. The lettering on the obverse looks quite rough, which on its own would just suggest it’s had a hard life as you say, but the wreath has near-full detail, which is quite unusual for a coin below uncirculated grade, or that’s just what I make of it anyway. I do wonder why it has such strong detail in some areas, weak in others, and a hard life on top, with luster still present. Im still amazed that the reeding can be seen as anomalous, but if that’s the view of the forum then my concerns over it are eased somewhat. If there’s no opinion shared that it is suspect, then it will go to NGC. Tbh if the general opinion is that it is fake, I would’ve asked the dealer to accept a return without the time/expense of certifying with NGC…

Thank you @Britannia47 for taking the time to reply. Would you be so kind as to show photos of the edge of the coin? And of less concern to me, the obverse? No worries if you can't. For the record, the dealer I bought this from have offered a full guarantee on the coins authenticity without any time limit. They have even offered to cover any postage costs so I won't be out of pocket. The edge of the coin is driving me insane. There were a couple of other issues, like the very faint "N" in "SOVEREIGN", which could just be weakly struck. I have always intended to send the coin to NGC, but if the edge means it is fake (as has already been suggested to me by a knowledgeable source) then it would seem such a shame to send the coin to NGC at a cost of around £50 and an 8-12 week wait. I guess I will have to go ahead with the grading process and hope the edge is anomalous, which I find hard to understand tbh. Sovereigns really can be slightly wider? and slightly thinner reeding? From what I can gather, this is done in a uniform manner by machine and leave no room for variance, but if that were the case, someone would've said it by now.. Perhaps I should rename the topic in regard to the edge... Maybe more people would chime in, since no one has really shed any light on it...

Thanks @dicker for your input. What do you make of the coins edge? Does it look acceptable? I'm starting to think nobody wants to answer that question...

Please feel free to make any comment about the alloy content of Sydney mint sovereigns or the coin I have provided photos of. I had originally started the topic in regard to the composition. I thought that these type of coins may be alloyed with just silver, not both, but have now learned the composition is most likely correct. Yes, the reason for the XRF test was indeed due to a questionable edge, which you have also noticed as being wider than the (known legitimate) coin it was compared against. It was also an 1864 for comparison, albeit quite worn. The serrations also look more square on the left coin, compared to the thinner serrations on the right. I am still learning. My knowledge is rather limited. I'm wondering if this edge could be seen as an anomaly, perhaps less wear than the coin it was compared against? Or any other reason why it looks different? It was visually compared against several other SY Sovereigns between 1859-1870, with the same apparent results. It weighs bang on 8 grams on two different sets of digital scales (they were the cheaper scales commonly found on Amazon/eBay). Its diameter measures 22mm on cheap digital callipers that only measure to 1 DP.

I can’t produce good quality pictures right now, but any thoughts would be appreciated

Absolutely but does the edge look concerning?

@LawrenceChard Looking at the coin on the right, would you be concerned with the reeded edge?

Okay. Maybe I will pick one up on sale from Wish.com, same place I got the coin 😂 All jokes aside, I took an 1864 to a high st dealer. Unfortunately, they refused to offer the exact readings. But they did offer to XRF it for free. All they would confirm is 22ct gold, alloyed with silver and copper, with higher presence of silver than copper. Judging by the info you have kindly provided, it sounds about right 🤷‍♂️

Interesting and helpful information. Many thanks @LawrenceChard Shame there's no South Yorkshire sovereigns on the list, although tbf they are rather elusive.

Quick question, could anyone tell me the correct composition for 1864 SY sovereign? I understand they're roughly .9167 gold, alloyed with silver. Do they have copper also? Have searched online for answer but couldn't find any info other than .917 gold... Thanks in advance

Is there some form of click & collect service available to private sellers? Could be worth looking in to...

Excellent point. With ebay, you can have a several accounts for buying/selling to conceal your address But on the forum, not so. This highlights the importance of safe storage, but doesn't really prevent a rogue from trying something sinister...

Same here. It's nice to have confirmation that the buyer is satisfied. Sure, if they're gonna pull a fast one, then they can do so with or without the feedback as an aspect, but I still see it as an opportunity to declare satisfaction I totally see @Charliemouse point about paying up as the buyers fulfilment. But that only apples to those that trade amicably. You never know whether someone turns out to be a pain in the A. One buyer held me to ransom before. He wasn't happy with the postage cost, despite knowing what he was paying up front, demanded a couple quid refund or he would leave negative feedback... I gave in to it too.

It is indeed important. It also allows you to achieve higher prices. If you have low feedback on ebay, many buyers will see it as a risk they are only willing to take if the price is right for them. I have seen this to a lesser degree on the forum also.

Interesting. It's nice to hear other points, but doesn't this mean the observer will only know your username, and not know who you are other than Roy?

I used to get annoyed about not receiving feedback. One particular instance, I sold a higher value coin (than I would ordinarily sell) and so would've liked the feedback for it. The buyer, who buys and sells coins himself, would regularly make low bids on my items in the hope of a bargain, and got this at a decent price. He thanked me for the coin. I took that as transaction complete and gave him good feedback. Another thing to remember, many people out there will check if you give feedback. By giving feedback, you are showing a record of your previous sales even if feedback was not given in return. I did politely reply to his message with "any feedback appreciated" - maybe that annoyed him... He replied with "sure", but chose not to give me feedback, whilst giving feedback to others (yes, I stalked his profile to check if he gives feedback). I wondered why he would do this? Couple weeks later, he sold the coin on for a small profit, which I don't mind at all. I was only bothered with not receiving feedback for the sale. Did I annoy him by asking for feedback? Of course, he could've just forgot, but I doubt it because it was higher value than all the other items he given feedback for. Then I thought, perhaps he would perceive me as a potential rival seller and therefore not want to help my cause by leaving me good feedback (our ratings were actually quite similar) although I accept that's a bit far-fetched, and more likely that I annoyed him by asking for it. So, how do others feel about being asked for feedback? Would it annoy you? Personally, I have been asked politely by buyers and sellers and it isn't an issue to me... Alternatively, I have a repeat buyer that never leaves me feedback. I leave him good feedback every time. He's a good buyer. Pays quickly, smooth transaction both ways. That's all that counts at the end of the day, both parties being happy.

Nice mate, glad you enjoyed. Yes Jeff's passion for numismatics makes for good conversation. I have been meaning to call in for a while now. Shame he's not on the forum. Jonny's chip shop 👌. And the gent at the post office is a very polite old chap 😂

Langland Bay Antiques. Try ringing first, 07824346926. The owner, Jeff is rather knowledgeable with coins and enjoys a good conversation on the topic. Although he doesn't typically stock them in the shop and I'm not sure how competitive his prices are. His particular antique interest is Georgian silver

I have always wondered how reliable Veriscan actually is. I cautiously assume that it is quite reliable and although I haven't heard of a case of it being successfully faked, I wouldn't dispute your point about its lack of relevance. That said, a pointless gimmick or otherwise, I'd rather have it than not, at least for the desirability of potential buyers when I sell them on. I'm sure many people would agree with you to purchase the best value available in regards to cheapest per gram, in which case you probably wouldn't be looking at bars at all. If one is to purchase on that basis then they're basically buying common sovereigns, 1oz coins and such. For me, I don't quite see things that way. For example, if I wanted a 1/10 coin, or a 5g bar etc, they command a premium that I would expect to get back as long as I can make a private sale. My only concern is any drastic change to the future marketplace preventing us from selling privately, but that's another subject. Pamp have always had that prestige to their name, their products are minted to higher quality than other recognisable brands. They not only command a higher premium, but are typically an easier sale, particularly compared to loose bars. Nothing to do with authenticity, personally, I would happily choose Pamp over others, but that's just my opinion which I don't mean to give as advice. I do acknowledge the point made by you and other good dealers to buy the best value possible. I often wonder whether to move all my premium possessions on, and simply stack weight. But then I decide against it and continue paying more for products I perceive to be "better" in some way or other..

Sorry. That was a cryptic clue referring to the dealer(s) as described on the Chards price comparison. If you can decrypt the competitors acronyms, you will know who is offering the referral scheme, FYI, BTW

B* G*

I agree, but in the past I posted a link to the deal, just the deal and no personal referrals or anything I would personally benefit from, and my comment was removed, which left me a little unsure about what can and cannot be said exactly