New collector

Discussion in 'Sovereigns' started by Silvered, Mar 20, 2013.

  1. Silvered

    Silvered New Member

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    Hi,

    I have just started to collect sovereigns for long term investment and wanted to pick some expert brains.
    I purchased two sovs from Atkinsons, first thing I did was check the weights, both are weighing in at 8g and I have read they should be 7.98.
    I was expecting the shield one to be a yellow gold colour but it has a slight orange tinge to it, is this normal? We are new to collecting them and want to make sure the coins we have purchased are genuine.

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  2. Matthew 26:14

    Matthew 26:14 New Member

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    You can buy a sovereign tester for like $10 which will weed out some fakes or the Fisch tester for like $150 and that will certainly catch any fakes. Was the 2002 coin a proof or bullion finish? Proof would explain the shininess but its hard to tell without holding it to see.
     
  3. Silvered

    Silvered New Member

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    Hi,
    As far as i am aware the 2002 is not a proof or bullion coin. We ordered from Atkinsons, in Birmingham. We ordered a shield sovreign and thought it would be an older coin but the 2002 turned up.
    Has anyone ordered from this company before?
     
  4. johnmorris

    johnmorris Member

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    i stick to the original sovereigns. same value, more reality.
     
  5. Maggie

    Maggie New Member Silver Stacker

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    Hello amd welcome : )
     
  6. VRS

    VRS Well-Known Member Silver Stacker

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    Get a 200g scale with 1000ths increments - I'm a long term Sov nut - left Manchester in 2009 - also do try Mays pawnbroker Manchester - PM me if I can hook u up with managers there ;)
     
  7. Photonaware

    Photonaware Active Member

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    Welcome newbie.

    Atkinsons is totally reliable so don't be concerned.
    If you are serious about collecting sovereigns and other gold coins then you MUST buy digital scales.
    I recommend an electronic scale that has 0.01 gram precision and a max weight of 50g.
    That should give you the best accuracy.
    Scales that weigh up to say 300g are less accurate measuring 4 gram half sovereigns and 8 gram sovereigns.
    You need to be seeing on your scale two decimal points.

    Newer sovereigns say 1980 onwards can be extremely shiny especially 1990 and later.
    A proof coin is totally different to a bullion coin - your 2002 Shield is bullion.
    The proof high points ( Queen's face e.g. ) is of a frosted appearance and the contrast between cameo and background is very distinctive.

    A free tip is to try and not pay more than 5% over spot for any bullion coin and better still look for 3% above spot.
    This is possible but without homework you may pay up to 15% over spot. Proof coins tend to be priced higher and according to scarcity and demand.

    If you are interested in buying a proof 1980 half sovereign in its original red Royal Mint box with COA sometime PM me with a realistic offer.
     

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