Sovereign Problem

[AdamDutton]

38 minutes ago, Sovhead said:

Can you bump the thread when you sold it to see the pics they might shed some light on the colour of the coin 👍🏻

It wasn't my thread mate I replied to @VeracityM thread on swapping Bitcoin for bullion

[Sovhead]

2 minutes ago, AdamDutton said:

It wasn't my thread mate I replied to @VeracityM thread on swapping Bitcoin for bullion

Ok, you must have sent him pics of the coin for the Bitcoin u got them?

[Upsidedown]

I have a sovereign problem myself actually, all my sovs are ~7.98g give or take 0.01g.. but 1 I have weighs 8.16g but still matches the exact diameter and thickness as the others.

Thoughts?

[NGMD]

25 minutes ago, Upsidedown said:

I have a sovereign problem myself actually, all my sovs are ~7.98g give or take 0.01g.. but 1 I have weighs 8.16g but still matches the exact diameter and thickness as the others.

Thoughts?

IOM one?

[Upsidedown]

8 minutes ago, NGMD said:

IOM one?

Yep

[NGMD]

Just now, Upsidedown said:

Yep

Did you sigma it?

[Upsidedown]

Just now, NGMD said:

Did you sigma it?

I ain't rich!

[bobski]

I met @NGMD at the foodbank, and we both have sigmas

[Upsidedown]

Just now, bobski said:

I met @NGMD at the foodbank, and we both have sigmas

Aight. Can I buy yours for £20?

[bobski]

Just now, Upsidedown said:

Aight. Can I buy yours for £20?

Funds first

Then No

[Upsidedown]

Just now, bobski said:

Funds first

Then No

Jokes on you, I dont have £20

[NGMD]

1 minute ago, Upsidedown said:

I ain't rich!

Get it checked by your local dealer using the guise of you may want to sell it.

[bobski]

Just now, Upsidedown said:

Jokes on you, I dont have £20

Or a sigma

[Upsidedown]

Just now, bobski said:

Or a sigma

Knew that was coming

[NGMD]

Let’s keep on topic. Play by the rules.

[Upsidedown]

Just now, NGMD said:

Get it checked by your local dealer using the guise of you may want to sell it.

No cuz then they will talk me into selling it for £150

Just now, NGMD said:

Let’s keep on topic. Play by the rules.

I couldn't be more on topic if I tried.

I have a sovereign problem...

[bobski]

Just now, Upsidedown said:

No cuz then they will talk me into selling it for £150

Atkinsons will give you £200. Make sure you tell them that. Should bump up their offer mate

[James32]

5 minutes ago, Upsidedown said:

Knew that was coming

Send to me and I'll test it if you're really worried. 

[Upsidedown]

Just now, James32 said:

Send to me and I'll test it if you're really worried. 

For £400 you can keep it? 😁

[Agaupl]

Very useful learning experience had by all. Good on Adam sending on a complementary sov . Can’t say fairer than that. 
Would love a 3rd set of eyes input. 

[AdamDutton]

@bobski surely a £15,000 machine isn't worth it. The sovereign was 97% pure gold on the machine. What sort of sense does that make. If it was fake it should say it was a lot less surely. There needs to be better equipment out there.

[bobski]

23 minutes ago, AdamDutton said:

@bobski surely a £15,000 machine isn't worth it. The sovereign was 97% pure gold on the machine. What sort of sense does that make. If it was fake it should say it was a lot less surely. There needs to be better equipment out there.

A sigma will do better to be fair. I've seen videos of known fakes fooling XRF and not fooling a sigma. 

Obviously I can't comment on the legitimacy of this sovereign in question. Just a comment on the XRF in general

[NGMD]

32 minutes ago, AdamDutton said:

@bobski surely a £15,000 machine isn't worth it. The sovereign was 97% pure gold on the machine. What sort of sense does that make. If it was fake it should say it was a lot less surely. There needs to be better equipment out there.

A basic sigma would have picked that up. I had a heart stopping moment with a 1986 Brit and then realise it was Sovereign %.

What do you use Adam to check your incoming stock?

[AdamDutton]

11 minutes ago, bobski said:

A sigma will do better to be fair. I've seen videos of known fakes fooling XRF and not fooling a sigma. 

Obviously I can't comment on the legitimacy of this sovereign in question. Just a comment on the XRF in general

I do all the basic checks when it comes in, weight, dimensions etc and i’ve handled a lot of sovereigns in my time and can usually tell a fake. The coin in question came from a very reputable source and wasn't bought from the general public but a very reputable supplier which may have slipped under the radar. I don’t really want to mention who as a lot of dealers will probably buy from them and I don’t want to reveal the information as that's how I make a living. The supplier will be contacted confidentially as they have been in business for over 100 years. There’s a lot of eye balls on this post and I don't want to tell the forum my sources as it would jeopardise selling coins at the prices I do and it's difficult enough to find bargains as it is. Especially with spreads being so low. I’m half tempted to move away from bullion and focus on just numismatic pieces as it isn't economical working on the spreads I am at the moment on the bullion side.

[Upsidedown]

5 hours ago, Upsidedown said:

I have a sovereign problem myself actually, all my sovs are ~7.98g give or take 0.01g.. but 1 I have weighs 8.16g but still matches the exact diameter and thickness as the others.

Thoughts?

Kinda got buried but if anyone has an input that would be great.

Lots online about underweight sovs, nothing about overweight ones..