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Booky586

Silver Premium Member
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Everything posted by Booky586

  1. I'm not aware of the old crown being removed. The commemorative £5 crown has been introduced but I think the 2 crowns still run side by side. Here's the royal mint information in legal tender: https://www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines/
  2. Just for comparison, here's another one up for auction at the coin cabinet: https://auctions.thecoincabinet.com/lots/view/4-3T4Q8B/1917-gold-sovereign-pcgs-ms62-1593646-agw02355-oz
  3. It's not really the monarchs death that takes a coin out of circulation but the law i.e. the coinage act. The crown in your hand is still legal tender and worth 25p. I can't imagine you'll be wanting to spend it though 😀
  4. A move in the right direction, it's about time eBay took responsibility for the items sold on its site. Let's hope it's a success and they expand the testing to other counterfeited goods. I sell legitimate computer software on eBay and my market competition makeup is about 90% counterfeit and 10% genuine.
  5. I think you got it right first time. The calculation I've used for the cost of silver content at 17ppt (parts per thousand): Weight of full sovereign is 7.98g x .017 (17ppt) = 0.136g of silver Todays spot price is £0.54/g total cost of silver per sovereign is .54 x .136 = £0.073, say 7p. I don't know how you're arriving at 36p, are you calculating the copper content as silver too? Please correct me if I've got my maths wrong too 😀
  6. You don't have to put .66g of silver into a sovereign to get a nice yellow gold, it can be much less. Take a look at the yellow gold £5 coin and it's alloy composition in the link: There's only 1.2% (12ppt) silver in this alloy, so a similar composition for a sovereign is 7.98g x 0.012 = 0.096g of silver. That's about 5p worth of silver per sovereign, the rest of the non gold content can be made up with copper. And you don't have to use so much silver:
  7. The percentage of gold per coin should be 22ct (91.66%) but the £5 (93.3%) and £2 (94.3%) coins are well above that. After a quick calculation the £5 coin contains approximately £5.09 worth of gold and the £2 coin contains £2.05. That's a lot of excess gold for the Royal Mint to give away. I have most copies of the Royal Mint Coin Club Bulletin for the years 1985 to 1989 and then 1994 to 1997 which have the prices of coins sold at the time, unfortunately I don't have 2002. I've been considering scanning the copies I hold and making them freely available on TSF but I'm ignorant of copyright law and have held back listing them. Lovely photos too!
  8. Nice article, well presented and very interesting. The first time I saw "ghosting" was on the Gillick head sovereigns and it's an appealing feature. I've noticed it more on higher grade coins, is it possible lustre enhances it? On the 1922 example above the obverse shows a halo effect around the kings head while on the reverse is a mirror image of his head. I wonder why we don't see a mirror image of George and the dragon showing in the obverse? Here's another clear example I found on the net: https://coinparade.co.uk/1962-gold-sovereign/
  9. Good spot, senior moment! May be his heckles were up for the fight.
  10. I've cropped and blown up part of the obverse photo (by @LawrenceChard) and highlighted the back of St Georges neck. It looks a little like casting marks, although the rest of the coin looks struck. Not sure what's going on, any ideas?
  11. Nice coin. My first thoughts were it's been damaged in a jewelry mount but you'd usually see the same marks elsewhere on the coin. And it's a large coin for jewelry. I suspect it's post mint damaged though but I'm not sure what it is, sorry!
  12. Booky586

    Passive Income

    Just four words but perfectly said.
  13. A little bit more info on the exhibition here: https://www.bbc.co.uk/news/uk-england-cambridgeshire-58487544 It could be really interesting, you can't beat some ancient history.
  14. I fully agree, my thoughts exactly. Give me a raw EF or better coin for less than spot any day. 😀
  15. Yes, there's a sellers commission to pay so the sellers going to disappointed. No buyers commission at TCC auctions though, they're the real winner.
  16. It looks like there were a few bargains to be had at todays Coin Cabinet auction. Lots 209, 212, 213, 214 and 216 all sold for £1150, that's 3.57% below spot (before P&P). Any TSF members get lucky today? Auction link: https://auctions.thecoincabinet.com/auctions/4-3JCNYV/tcc-auction-46-world-gold-bullion-plus-sunday-19-sep-12pm?limit=96 Here's the numista description of the coins sold: https://en.numista.com/catalogue/pieces17714.html
  17. R Reminds me of Bart Simpson calling the bar....
  18. That's a coincidence. There's a Mexican Juan King somewhere....
  19. It's a fine line. You want it to drop for a buying opportunity and you want it to rise for you holdings. If only we knew the future.....
  20. I think there are too many modern proofs of "collectable" coins issued by the RM and, at some point in the future, the bubble will collapse. These coins look like another puff of air into the bubble. I only hope the RM don't spoil the future of coin collecting for the younger generation when the Benjamin bunny 50p piece they've bought for £20 turns out to worh 50p in 10 years time.
  21. The helmet streamer has come and gone before this recent loss. The Victorian young head sovereign didn't have the steamer either. I honestly don't know the reason though.
  22. Why it's Squidward of course! And I agree, the 1st photo looks best.
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