This is why Gillick bullion Sovereigns prove to be difficult to find in higher grades.

[GoldDiggerDave]

You have got to love the ping test, many of the Gillick get contact marks on the high points especially QEII shoulder. Some 1958 & 1959 Gillick  I recently purchased from Chards.  Only very slight contact marks and I have not conserved this yet.   I will be slabbing this at the NGC soon just to see how they fair.   I will upload some better pictures of them once have done the conservation work on them. 

For me If I can buy good quality Gillicks at around the sovereign bullion price I will buy them over just standard bullion sovereigns, I prefer the finish of the coins they have a natural satin finish and far nicer on the eye than the new brown bullion sovereigns.

 

 

[GoldDiggerDave]

Scratched and edged knocked straight off the press 

[dicker]

Thanks @GoldDiggerDave

I am sure that there will be a very small number of Gillicks out there with potential MS68 - M70 grades. 

I believe this because:

- Statistically it would make sense 

- I suspect some of the Gillicks were minted with fresh dies and were likely kept either for reference or reserved as good samples.

I live in hope!

[GoldDiggerDave]

@dicker the 1957 thats hot off the press with edge knocks and scratches should get an MS70 grade (technically)   The ping test is part of the production process, and the NGC deffiniton for a MS70 is " A coin with no post-production imperfections at 5x magnification".   

 

 

[Skyfiller]

43 minutes ago, GoldDiggerDave said:

@dicker the 1957 thats hot off the press with edge knocks and scratches should get an MS70 grade (technically)   The ping test is part of the production process, and the NGC deffiniton for a MS70 is " A coin with no post-production imperfections at 5x magnification".   

 

 

@GoldDiggerDavePlease excuse my ignorance here, I know know nothing about slabbed coins!
So if you got the mint to send straight to NGC, and the capsule didn’t open in transit 🙄, you would pretty much have to be guaranteed a MS70?

[dicker]

No!  Certainly not from the RM given their (poor) quality processes.  

[Skyfiller]

1 hour ago, dicker said:

No!  Certainly not from the RM given their (poor) quality processes.  

But surely it wouldn’t matter as at that would be part of production? 

[GoldDiggerDave]

1 hour ago, Skyfiller said:

@GoldDiggerDavePlease excuse my ignorance here, I know know nothing about slabbed coins!
So if you got the mint to send straight to NGC, and the capsule didn’t open in transit 🙄, you would pretty much have to be guaranteed a MS70?

Only if that was the case, with modern coins there is an allowance for production imperfections, the dreaded frosting missing, pick up etc.  with scratches, edge knocks however small it’s impossible for the grading companies to know where the damage was caused

[sovereignsteve]

5 hours ago, GoldDiggerDave said:

" A coin with no post-production imperfections at 5x magnification"

It depends at what point you regard the production process to cease?
It could be argued this would be the point at which the coin is ejected from the die. Any treatment afterwards would be post-production and open to treatment on an individual basis i.e. some could be treated with kid gloves, some thrown into a skip tossed around etc

[Skyfiller]

22 minutes ago, sovereignsteve said:

It depends at what point you regard the production process to cease?
It could be argued this would be the point at which the coin is ejected from the die. Any treatment afterwards would be post-production and open to treatment on an individual basis i.e. some could be treated with kid gloves, some thrown into a skip tossed around etc

Then it should say post-minting?

[ZRPMs]

"with gold now at over £12 a fine ounce" the good old days. The intrinsic value of a sovereign at over £3. Hard to imagine. 

[sovereignsteve]

46 minutes ago, ZRPMs said:

"with gold now at over £12 a fine ounce" the good old days. The intrinsic value of a sovereign at over £3. Hard to imagine. 

The average weekly wage was about a tenner in those days.

[Foster88]

Did anyone else pick up that he said “the fine gold is mixed with copper” in the video?

Interesting to hear as I thought the Gillick sovereigns have a fraction of silver content.

[ZRPMs]

3 minutes ago, sovereignsteve said:

The average weekly wage was about a tenner in those days.

The average weekly earnings for full-time workers in the United Kingdom was around 640 British pounds a week in 2022, Gold at £1500 an ounce. Big % difference.

[ZRPMs]

Just now, Foster88 said:

Did anyone else pick up that he said “the fine gold is mixed with copper” in the video?

Interesting to hear as I thought the Gillick sovereigns have a fraction of silver content.

Yes them early Australian ones are mixed with silver I think

[SheepStacker]

Fair points, but I've never seen a logical reason for grading a bullion coin.

Just my 2 pennies.

[GoldDiggerDave]

6 minutes ago, SheepStacker said:

Fair points, but I've never seen a logical reason for grading a bullion coin.

Just my 2 pennies.

I’ll grade your 2 pennies if you need mate.
if my 59 comes back the sort of grade I think it will get……you will see a logical reason for it.  

[SheepStacker]

Quote

you will see a logical reason for it.  

How much extra will I get from the cheapskates on TSF for it? If the answer is less than the grading cost, I'M OOT

[Roy]

Gillicks have become more popular since the sad passing of Her Majesty, though they have always been a sensible pick up for their condition and overall look. The fact there are 10 of them makes them a neat collection!

Grading them? Why not if you have a good 'un? There are folk who are very keen on graded coins and we all know how powerful 'auction fever' can be.

I have a MS66 1957 Sovereign and when I see things like this, I'm happy to hold it.

[GoldDiggerDave]

4 minutes ago, Roy said:

Gillicks have become more popular since the sad passing of Her Majesty, though they have always been a sensible pick up for their condition and overall look. The fact there are 10 of them makes them a neat collection!

Grading them? Why not if you have a good 'un? There are folk who are very keen on graded coins and we all know how powerful 'auction fever' can be.

I have a MS66 1957 Sovereign and when I see things like this, I'm happy to hold it.

For me, I like to try and pick out the nicest I can, then I get attached to them and never want to part with them never mind the grade they fetch.  

[ArgentSmith]

10 hours ago, GoldDiggerDave said:

Only very slight contact marks and I have not conserved this yet.   I will be slabbing this at the NGC soon just to see how they fair.   I will upload some better pictures of them once have done the conservation work on them. 

Very interested to see the results, if you can conserve contact marks you must have done a deal with the Devil 🤣

Edited January 28, 2023 by ArgentSmith

[GoldDiggerDave]

11 minutes ago, ArgentSmith said:

Very interested to see the results, if you can conserve contact marks you must have done a deal with the Devil 😁

No I can not remove contact marks however I’m getting good results with making the coin looking as attractive as possible prior to submitting.   Mate I’ve had some stunning result with the work I have done and it never gets pulled for the dreaded  details. 
 

I’ll be doing the work tomorrow I’ll get some before and after pictures. 

[ArgentSmith]

7 minutes ago, GoldDiggerDave said:

No I can not remove contact marks however I’m getting good results with making the coin looking as attractive as possible prior to submitting.   Mate I’ve had some stunning result with the work I have done and it never gets pulled for the dreaded  details. 
 

I’ll be doing the work tomorrow I’ll get some before and after pictures. 

On one hand Im disappointed on the other glad you still own your soul 😂 Looking forward to the before and after pics 👍

[Silverlocks]

2 hours ago, SheepStacker said:

How much extra will I get from the cheapskates on TSF for it? If the answer is less than the grading cost, I'M OOT

You're looking in the wrong place.  Ebay is where it's at.

[SheepStacker]

Just now, Silverlocks said:

You're looking in the wrong place.  Ebay is where it's at.

I can do without "ROADMAN867" charging back his purchase because despite it showing as "signed for", he HONESTLY never received it. And eBay sides with him. No more.