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LawrenceChard

Business - Platinum
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Everything posted by LawrenceChard

  1. Interesting concept... A coin with two backsides. 🙂
  2. If anybody from the Royal Mint reads that it might give them the bright idea of "Sovereign of the Month", perhaps with a privy mark denoting the month. Could also be a zodiac series, and if you combined them, that would mean at least 24 new different sovereign varieties every year, multiplied by the 5 sizes, then add piedforts, struck on the day, bullion, BU, and proof, piedforts, semi-frosted, reverse-proof. There is almost no limit. 🙂
  3. That's a trifle pessimistic! 🙂 Whenever sales go a bit slow at the Mint. 🙂
  4. That could spark a whole new industry on ebay. Gold plated round pound coins sold as gold sovereigns. 🙂 I am joking, but it would probably happen in real life.
  5. LawrenceChard

    selling

    Yes, I noticed your earlier post, which was a good point. He could still get a good price for it, but would rather complain. He is not necessarily making a loss on most of the other coins, unless he does sell them. I advise investors to buy gold bullion, rather than silver because of the VAT, but he appears not to have done much research before jumpng in. Seasoned silver bugs know about VAT, but many still buy silver despite it. At least they are well informed, and make their own choices.
  6. We used to keep a "secret stash" of 1957 and 1989 sovereigns, 1962 is the next scarcest of the first portrait sovereigns, with the exception of 1953, and I have only seen 2 of those. Someone just asked me to grade our stock of better 1899-S Sydney mint sovereigns: 1+6+12=19 makes for a nice symmetrical arrangement.
  7. LawrenceChard

    selling

    I would rather trust any established member of TSF than most buyers or sellers on ebay, or even ebay itself. New members, like yourself do need to establish yourself of course. TSF is almost a community, with real people, whereas ebay and other tech giant site are run by vast PLCs whose only interest is maximising profit for their shareholders (and I am a capitalist!). They mainly employ moronic staff who must follow company policy, and who are not interested in you, me, or us.
  8. LawrenceChard

    selling

    Thanks for posting the link, otherwise I would never have watched it. "Northern Coins" (sounds like a dealer name) does tell a rather sad story, but we do hear much worse from "armchair investors" who have only ever bought from the more infamous coin marketing companies. He has clearly bought without much thought, planning, research, or learning, and would have done well to join TSF before he started. Sure he would have got a lot of different opinions, and might have ended even more confused, but he culd have benefitted from the education here before he started spending money. He did seem very negative about almost everything, and also to be blaming everybody else. Definitely a glass half empty person. I think he cherry picked all the lowest buying prices for his examples. It also made me cringe to see him tip a tube of 2020 silver Britannias out very carelessly, as though he did not know or care about condition. It makes me wonder whether he has fingered his one really good purchase, his silver proof 3 graces. He also stated the spot silver price to be £18.47 when it showed on his phone as £18.74 The prices from Cash Converters were interesting, but almost predictable, and might have been better in a different video. It detracted from this one. At least he didn't "invest" £100K with LMO!
  9. Don't apologies, it should have been obvious. Jesus Christ, was I thinking slow!
  10. I suspect whoever contributed the George V information used an approximate figure, but don't forget about tolerance.
  11. You could probably work it out: Density of gold: 19.32 Silver: 10.49 Copper: 8.96 All in grams per cubic centimetre. In most pre-QEII sovereigns, the silver content is about 3 parts per thousand Assume gold content is 917 ppt Leaving copper 80 ppt It's getting late, so I will leave you to do the maths (math if you are American). Tip, assume all sovereigns are the same diameter 22.05 mms, although the ooffoicial specifications do allow for tolerance, variation, error, remedy, or whatever else you want to call it. Have fun, I will check back tomorrow... 🙂
  12. It took me almost a miinute to work that one out! I was thinking, "what's the ***** talking about", then the Homer Simpson "Doh" moment kicked in. My excuse is I was alread feeling tired...
  13. We did a gold silver comparison: My wife thinks the silver one is hers, because it has her initials on it.
  14. The issue limit is 750, not 100. https://www.chards.co.uk/2021-queens-beasts-completer-two-ounce-silver-proof-coin/14540 Mintage Figure 750 It is well-known that the RM had a page stating issue limit 100, which was apparently published in error and removed within hours. I have previously posted a link to their page on TSF.
  15. It looks like you have got the post of go-to pricing expert for this series! 🙂
  16. Thanks for spotting that $8095 at $1.3879 = £5832 I have seen more expensive kilo coins, but they were gold. It looks like the Completer is the most popular, I wonder what the original 10 beasts are going for?
  17. LawrenceChard

    selling

    The only drawback is that @BackyardBullion likes to fondle things! 🙂
  18. Thanks for the explanation. What camera and EXIF? I ask because it looks like quite a close macro.
  19. I come across lots of fakes, and they are very interesting, although there are many who can't tell the difference. Here is one we spotted a few days ago: 1964 - counterfeits of QEII sovereigns are quite rare. The reverse looks quite polished, but the surface of the obverse are quite dull, so an interesting mismatch. The obverse also lacks detail, and looks like a child's picture. I asked our photographer to do a serration count, and this is what I got, with this comment "This is the one you requested a serration count on. They are so uneven I am not confident the count would be accurate - if you want a best guess then it will be close but does this expanded view show the dodgy serrations clear enough for you? Because they are uneven I cannot easily do a counting grid - that would need to be done by hand and quite time consuming." I replied "Don't worry (about a thing)". Although we both spotted it from a distance while it was still in a plastic packet, I still put it straight onto the Niton XRF machine. Note it is overweight, which is a bad sign, and about .850 fine gold. The silver count is also far too high, although it is a nicer colour than most of the modern RM sovereigns. We also spotted a really obvious fake (1907 London?) yesterday, but did not get chance to do professional quality photos of it. Its owner said she bought it from one of three places, and named The Royal Mint, Bullion by Post, and Hatton Garden Metals. I willl not go into the rest of the conversation unless anyone is interested. I can invite guesses though. She also asked where would have been the best to buy her coins from, and I also invite guesses as to my answer. (Sorry, no prizes!) 🙂
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