reidpj

I don’t want to go in to too much detail regarding my supplier until I’ve had chance to check the coins again myself and spoken to them about it but they are a shop that buy from the public and test coins when purchasing. 
As I said I would prefer to deal with this once all of the relevant information is known and without damaging anyone’s reputation publicly. Having refunded the buyer I had hoped that would be the end of the matter and I could take it up with my supplier myself in private but as this thread was posted suggesting the coins had been sold incorrectly I felt I needed to at least comment to defend myself to a certain extent. 

As the seller of these coins I am happy to respond.
The coins were sold to me by a fairly big and very experienced gold dealer where they would have been XRF tested prior to my purchase. I am not willing to name the dealer until I have carried out further tests and spoken to them directly as I don't think that would be fair. That said I think many people on this forum would know the name.
Two of the coins came with certificates and while these don't really prove anything it does at least state what the coins are supposed to be and everything else matches up as expected. The buyer was not happy with the coins he received and asked to return them, as a gesture of goodwill I accepted the return but until I receive them back and can get them tested more thoroughly I am still of the opinion that they are 22ct. Whilst I understand the Sigma isn't completely fool proof, as stated earlier in the thread specific gravity tests can also be misread and that appears to be the only test that has been done on these coins. There is also mention of a pawnbroker looking at the coins but no testing procedures were carried out at all beyond looking at the coins with a magnifying glass.
So far we have three coins as follows:
Five Laurels (40g) - Passed both the Sigma and specific gravity tests, not sure what the pawnbroker made of it but assume all is well as nothing mentioned
Platinum Jubilee (16g) - Passed Sigma test, had COA stating details of the coin and came from the same lot as the Five Laurels so I have no reason to doubt it other than the buyer's own failed SG test. Also no comment from the pawnbroker
Brexit Coin (8g) - Passed Sigma test, buyer/pawnbroker claims 9ct inscription on the coin which if true both I and the very experienced dealer I bought from have missed. If that is the case then of course I apologise but I would like to see this for myself.
As I understood the workings of the Sigma machine there are different 22ct settings that will apply to the different alloys that may be used which is why they have different settings for Krugerrands, Britannias etc. Happy to be educated on this if I am wrong of course, I am quite new to the Sigma.
Regarding the postage costs, the buyer agreed that he would cover the return postage. I wasn't aware that he was unhappy with this arrangement but as he has now asked me to cover it I will do so. I had planned to refund postage anyway should any of the coins prove to be anything less that what I sold them as. My personal opinion is still that they are 22ct gold and I wouldn't sell any coin if I wasn't confident of the purity. I am of course willing to be proved wrong though and will update the thread if that proves to be the case.
Without meaning any offence at all, I don't think the buyer was ever 100% happy with the purchase even prior to receiving the coins and I thought I was being quite generous in accepting a return which many sellers/dealers wouldn't do.

Probably doesn't know how to use it, like me!
Seller's name would be interesting.
I am all for including such provenance info.
If it ever happened to be my company, I would be happy to respond, and either admit the mistake, or defend myself / ourselves robustly.
😎
 

Yeah, this is my thoughts. 
The different settings on these machines are supposed to be very finely calibrated to those specific coins but they are not then suitable for other coins.
The sigma machines have too much weight attributed to them as the definitive stackers tool for testing.
They are best used as part of a bigger testing regime and what @Abyss has demonstrated here that further testing is always needed even when a sigma indicates all is OK. 
I am glad that you got a refund, if it was me as the seller I would have made you completely whole on postage too. 
There is arguably responsibility here for the seller to ensure what they are selling is correct and of course the buyer to just check before committing too. Who has more responsibility in this case? Difficult to say but I am sure many on the forum will have their own opinions!
Lesson to be learned here: don't rely on the Sigma. It is a tool that should be part of a bigger picture, nothing more. 

Be worth a fortune if they get them slabbed

Wah doooooooommmmmmmed !!

I've just bought a fair amount over the weekend/today so I'd imagine it's about to fall off a cliff 🤣

My bet is that Gold will open up in Asia tonight.

2022 Sovereign for £370 in Costco this morning. 3 left in Glasgow @11:30 today.  

Hello all! I'm based in the NW corner of the USA. I got hooked on antiques (after growing up a history nerd in general) thanks to my grandmother and great-grandmother's joint collection of silverware and silver tableware. I was researching their origins to sell them, which backfired drastically as I wound up unable to part after the research was done. Nowadays, I freelance as a historical research-writer. I've picked up a lot of info along the way but have also encountered gaps, so set out to find a like-minded community to learn and hopefully be able to offer pertinent help as well! Thanks  

OK, "silver sovereigns" are not exactly new. We noticed the so-called London Mint Office offering the World's first silver sovereign coin 3 years ago, in 2019.
It was issued in the name of Gibraltar, and dated 2019.
Sovereigns have always been gold coins, ever since 1489. For most of this time, they were a UK coin, but since 1855, gold sovereigns were struck at the Sydney Mint in Australia. Other branches of the Royal Mint also struck gold sovereigns, for circulation in the UK, and also locally. Branch mints included Sydney, Melbourne, Perth, Ottawa, Bombay, and Pretoria; and the countries involved were Australia, Canada, India, and South Africa.
On 29th August 2012, the Royal Mint applied for a trademark on the word SOVEREIGN as a trade mark for ‘gold commemorative coins’. This was initially rejected by the Copyright Office, and was also opposed by The Commonwealth Mint & Philatelic Bureau Limited (“CMB”).
On the  3rd March 2016, the Intellectual Property Office Registrar ruled in favour of CMB, and against the Royal Mint. There were a number of reasons given, but these included that sovereigns had previously neen issued by the other countries mentioned, and also Andorra, Isle of Man, and Tristan da Cunha.
I can also add that Fiji issued one ounce gold Pacific sovereigns from 2009.
I suppose it was only a matter of time before some mint or coin marketing company decided to extend sovereigns beyond being gold coins, to other metals, hence the "silver sovereign". I think this is regrettable, but it has happened and is a fact.
It may be only a matter of time, before we get copper sovereigns, brass sovereigns, aluminium sovereigns, steel sovereigns, nickel sovereigns, plastic sovereigns, platinumsovereigns, and who knows what?
For those not familiar with the 2019 silver sovereign:

 
At the moment, I am not sure who mints these for LMO, but while researching for this post, I noticed:

On a Google Image search.
Clicking through to it revealed:

It looks to me tha the ebay seller santoor-uk located in Salford, Greater Manchester, United Kingdom, has made an incorrect assumption that they are minted by The Royal Mint, probably being confused, as many people are by "The London Mint Office".
Not untypically, for an ebay seller, he is asking £250 for them, comparing with LMO's original price of £49.95
I was going to include more "silver sovereigns", but I think this is enough for now. More to follow...
😎

Welcome to the forum! Glad to have brought you on over!

I'd just like to start by saying Hello to everyone in this forum, it's a pleasure to be apert of such a community.
I'm Ethan in my early 20s, located in the UK and I started collecting/hoarding the shiny stuff about a year ago and what a year it’s been. I find that as the months go by my budget seems to get bigger and bigger as my addiction grew stronger.
I wanted to join this forum after watching multiple videos from BYB and wanted to gain the knowledge some of you veterans have to offer.
After reading through multiple threads in different sections I can safely say I think I'm in the right place and I hope to grow into this community.
Ethan

100g = 3.215 troy ounces 👍

My interest in PMs only goes back to 2020. I did get some VAT free, but not a lot.
VAT seems normal to me. Combined with high premiums, I just see it as a cost factor associated with the product. No one except the dealers can buy it for spot price anyway. When it comes to selling, the market price seems to reflect the costs of VAT and premiums. As long as demand is there, you'll get it back anyway

With ultra high premiums on silver and 20% TAX on silver in the UK has silver stacking become a thing of the past?

Today I received my 2018 panda I think it's a lovely coin

Got my sovereign boxes today only cheap ones off the bay but happy at about a tenner each 

A 2010 Full sovereign thanks reidpj and a half oz silver lunar tiger thanks dts.

I've managed to 'right' those capsized ships for you;  I now lodge a claim under Salvage Law. ??

Part of the drops we are seeing in the UK are from the strengthening £ as well. Gold down -1.56% in £ but close to -2% in $

Excellent guess, was £4,200.00
£4.2k for a print of tetris pixel art of someone else's art 

>£4000  <£6000

just ridiculous  to blame the budget.................. we all know its because of brexit!!!!

Found not bought
2 Charles and Diana 81 commemorative coins in a box of my father's belongings which I understand to be silver ?
If so a handy bonus find for sure ?