LawrenceChard

Seems like they are getting common: https://www.royalmint.com/our-coins/ranges/historic-coins/historic-sovereigns/1843-Victoria-Gold-Sovereign-narrow-shield-variety/ Graded by PGCS XF45 Price:£18,600.00 😎

He could have more than one 1964 sovereign, or he could be playing aome sort of dodgy game. IMO, it is always including a link to his listing, his ebay page, or both, so members can find it/him, and form their own opinions. Many years age (!5?), we used to sell on ebay, ususlly only things we had many of, so once one auction finished, we listed another one. One buyer, seeing our relist, gave us a negative feedback, accusing us of reselling "his" coin which he had just "won". Possibly because I am using a smaller screen than usual, I misread the OP as 1964 sovereign, I see it is an 1864! Would be more unusual to have more than one of those, for most people at least. 😎

That's a very good interpretation. Sorry, I did the OP too quickly, and also used Doug's filename. Sure it is the new lens which will be making the difference, but we would have been using it with the new camera. 😎

Here the the camera and lens: The lens is the new Canon RF 100mm F2.8L Macro IS USM, which does macro at 1.4:1, compared with normal 1:1, so our new macro shots will be 40% bigger. It pairs with the camera. Our old or existing kit was Canon 5D with Canon EF 100mm F2. 8L Macro IS lens. We will see more of the differences over the next week or so as we get to do more work with it. 😎 Yes, but see below: 😎

I agree with you. Possibly early strike, and does look prooflike, 😎

We just got a new Canon R5 DSLR camera, and here is a quick pair of comparison shots to highlight an instant difference: This could be interesting for anyone wanting to do high quality coin photography. "Lawrence Chard no chromatic aberration. Wow! I'm hoping the camera didn't remove this when processing the jpg - I doubt it....so 100% results are not in ...just yet..." More to follow 😎

They are not spoons, they are our banqueting goblets!😎

Don't upset @SemolinaPilchard 😎

We do have some .925 hallmarked silver spoons, GIII, WIV, etc 😎

Haven't scrapped it yet! 😎

1919-L London Mint Fake Gold Sovereign - Non Existent Date Mintmark Combination I recently posted a new topic / thread about a genuine 1919-P sovereign which had some interesting features. Yesterday I encountered a 1919-L fake sovereign, which was easy to detect visually as an obvious counterfeit. Obverse: Niton test results: The obverse reading for gold was too low at 90.2%, but the reverse was too high at 93.2% The differential between the two readings is itself significant, as it suggests imperfect mixing of the alloy, which would almost certainly never happen with genuine coins. The silver content was also suspiciously low, as most sovereigns of this period would have about 0.3% to 0.4% silver content. 😎

Is there any detailed information how any of this affected metal prices, which presumably included silvr and gold! 😎

Same hemisphere! 😎

They're OK too! 😎

About 99% of the pre-1947 got melted. I like silver threepences, as long as they are not bent. 😎

We did experience that, but with silver to $47 - $50 in 1980. We had queues outside our door at 9.00 most mornings. There were also queues at Johnson Matthey in Hatton Garden London most days, even though JM had dropped its public counter buying price. There were London dealers working the queue offering more than JM's price, but many people refused to believe it, and stayed in the queue to sell to JM. We often bought about a tonne a day, of 50% pre-47 silver, but also plenty of 925 sterling items. Refineries did run into backlogs because of the amounts being processed, and would often only deal with existing customers. We had good existing relationships with JM, Engelhard, and others, so we were able to keep it moving, although sometimes we were waiting weeks for a full pay-out. 😎

Yes, exactly! 😎

Brilliant! I just saw a news report saying he suppported a Scottish Independence Referendum! King Gordon I? 😎

Sure, the link was mainly for the OP. 😎

As far as I / we are concerned, we would still intend to be active traders. There would need to be suppiers / sellers for prices to drop to any level. The main function of a broker / dealer is to trade the market according to existing conditions, although one would normally expect to try to look ahead to future market conditions. Of course, in a big price decline, many dealers would make a theoretical or paper loss on their stockholdings, which may get crystalised as they continued to trade, but experiencing losses and gains on an hourly and daily basis is part and parcel of what dealers do. I am referring mainly to commodity type markets. Where specialised products such as, for example, proof coins are involved, then many dealers and investors will opt to keep their "stock" rather than accept a loss on it, but this is entirely to be expected. 😎

Physical goods would sell out very quickly, but: "Definition: Price mechanism refers to the system where the forces of demand and supply determine the prices of commodities and the changes therein. It is the buyers and sellers who actually determine the price of a commodity." So market would continue to operate, but there would be delays in deliveries, similar to the situation in the 2008/9 financial crisis, and recent Covid crisis. A "split market" may develop where panic buyers would pay more to get quick delivery, and this also happened during both of the above events. 😎

I am sure you will be ablt to get free credit: https://www.royalmint.com/help/orders/payment-methods/ Credit account holders If you already have a credit account with the Royal Mint and it covers the total cost of your order you can choose during the checkout process to use your available credit to make the purchase. Bullion purchases are excluded. They had to go and spoil it in the last sentence! 😎 Neither do I! 😎

Thanks. I had noticed your contribution, so I was more responding to the whole thread rather than the OP, or the latest from him. 😎

It is sensible to take a profit on something while / if it is at a high premium. I notice someone tagged in our relevant page. It is more relevent to look at % premium than actual price when trying to compare value, but actual price fluctuate with spot market prices. Our page makes this transparent: PRODUCT ID 13137 STOCK STATUS IN STOCK INTRINSIC VALUE £1,479.98 PREMIUM 12% ESTIMATED UK DELIVERY £7.00 Your tipic title was: Royal Arms 1oz Gold Coins are the premiums exaggerated ? Which seems to follow Betteridge's law (of headlines), which I touched on in a recent post: Will Silver Prices Go Down to $0.29? Thee is always some effort and cost involved in selling or buying anything, so whether swiching out of a Royal Arms, and into something else will be worthwile, only you can answer. I note you say "I don't tend to be big on 1oz coins and have been slowly selling them off to concentrate on sovereigns and 1/4oz coins,", and while sovereigns are available at low premiums (also double sovereigns at the moment), most quarter ounce coins cost higher premiums. You will see this is mentioned here: https://www.chards.co.uk/blog/advice-guide-for-uk-bullion-investors/1041 You will see that I advise one ounce gold coins because they usually have low premiums. I hope some of this helps. 😎

Still works for me though. For example, when I returned from my first ski chalet holiday, my wife asked me "Did you sleep with the chalet girls". My answer, without hesitation: "Not a wink!" 😎