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banyancb

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    United Arab Emirates

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    UK
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  1. The shop said both the 1911-C and 1918-I were genuine. The weight of all the other coins I bought is right, and there are no obvious red flags in terms of looks, even under magnification. I have compared them to other sovereigns I bought from coininvest and bullionbypost.
  2. The increase in interest rates causes USD to strengthen, meaning gold will drop… in theory. In reality given the increase in M2 money supply and the current (and upcoming) inflation might mean that gold is currently undervalued and due a reprice sharply higher. I am talking about the USD and the Fed but the GBP / BoE are basically doing the same. I’m betting on a reprice, and expect £2000 to be reached within the next 5 years, £2500 in 10 years. And I believe I’m being conservative. All this inflation is and will be hitting food, housing (barring a few local housing bubbles), oil and other commodities, gold can’t be the outlier.
  3. Quick update: the shop had no problem exchanging the coins for other ones. They were made of gold, but were they fake or not? Not sure I will ever know. The 1911-C was heavily scratched / aggressively cleaned so that might be why the weight was a bit off. Anyway I had only bought the coins online and never had been there in person until now. It’s a small shop that specialises in coins and stamps. I highly recommend a visit if you are in Lisbon, they have some really great stuff there.
  4. The 1911-C and 1918-I don’t have much wear and tear… the shieldback has a bit, but not enough to justify 7.92?
  5. The 1851 shieldback (from the same seller, pics earlier in this thread) is also underweight at 7.92 gr. Most of my other shieldbacks from shops like BullionByPost are also underweight, et around 7.95 (maybe due to their age?) but this one is the lightest. Perhaps something to do with the large dent it has in the rim above the crown?
  6. Did a few tests with a relatively accurate scale. The 1911-C is very underweight at 7.91 grams and the 1918-I is at 7.94. Most sovereigns from the same seller are at 7.98, including the 1911-S shown in the pictures above.
  7. I still buy one of the newer coins per year (only have 2021 and 2022 since I started collecting last year) but there’s something special about holding a 100+ years old gold coin in your hand… even if the condition is not great!
  8. Definitely overpaid, live and learn. I’m more worried whether they are legitimate or not at this point, although not for this one specifically. I’ll keep looking at online pics for fakes and go to a jeweller to have them checked. Any more comments on the others? Great site, makes me wish I had started buying earlier…
  9. Can’t spend it all on gold coins… these last few months I’ve stacked quite a few… hopefully real ones 😑 I really like older sovereigns, not a fan of the newer coins.
  10. I’ll pass by your shop next time I’m in the UK! Regarding the photos… I need to get a proper camera, these were taken with the iPhone and magnifying glass…
  11. Looks legit to me, but what do I know 🥲 Likewise with the 1911-S, I also think it’s legit Just wanted to share another coin from the same dealer
  12. They are… and outside of Portugal forget it, same as fish and chips, it’s never good outside of the UK. Any thoughts about that shop? Or the new photos?
  13. Is it a good idea or something really bad that should never be done to a sovereign? And what kind of acid test do you use (9ct seems to be common)?
  14. And here’s the 1911-S, which also looks legit (?) Still not great photos but getting better right?!
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