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Interesting Sovereign YT video.


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6 hours ago, SilverJacks said:

0:57. The ping tester, what a job. Making sure there's no flaws by putting rim dings in the coins 🤯

 

I have been in the bullion room and watched new sovereigns being made, not a rough as this but still more of a mechanical process than a proof coin.  They are struck then the sovereigns go into stacked hoppers then divided up into 25 for tubes.   But yeh when I saw the coins being thrown it did cause my OCD go up a few points.   Back then a sovereign was worth £3 so in 64 years its increased in gross therms 103 times.  So by 2085 each sovereign could be worth £31,724  if it tracked at the same rate.  They normally hold around a weeks wage in relative terms.   

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On 25/07/2021 at 02:02, SilverJacks said:

0:57. The ping tester, what a job. Making sure there's no flaws by putting rim dings in the coins 🤯

 

Is it fair to say that sovereigns without rim dings are not properly tested and therefor can be potentially fakes? ;) 

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May start my own grading company which grades the crispness and ping intensity of sovereigns - imagine the premium if your sovereign looks and sounds nice 

I cannot be held responsible for any damage that happens to coins during the ping grading process

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