Acceptable weight variation?

wrcmad

wrcmad

Well-Known Member
Silver Stacker
Hi all,

This post may sound a little naive, but here goes...

I am a very green noob to sovereigns. However, I just took delivery of 10 x full sovereigns which I scored at an embarressingly low price.

Being naturally excited with my purchase, I started reading the few threads available here, and seeing there are "jeweller's copies" around. I weighed them all, and most of them weighed in at 7.98-7.99g.

One weighed in at 7.93g? Thickness and diameter looks identical to the others. Just wondering what is an acceptable weight variation?

Would an SG test be more appropriate?

I don't have a set of fische, but they all look legit when compared to internet pics of the legit coin.

Also, are the prices at Jaggards for real? If so, then I just made a bundle on these? But it looks too good to be true.

Here is a pic:

4088_sovs.jpg
 
That's a cracker deal mate, i'm no expert on sovs but they all look good to me.
Jewellers copies that I have seen are very crude and have been made from 9ct so you will most definately know the difference.
In saying that though I have heard of some very good copies as well. Yours all look good to me though, those shields are nice :p
 
Austacker said:
Just make sure you are comparing same for same. Mint marks etc...
Click to expand...

Thanks. I have just been looking at the plathora of variations. :o
And I have no idea about grades. :/

This will keep me busy for a while.....
 
spannermonkey said:
wrcmad said:
SilverSurfer77 said:
That's a cracker deal mate, .....
Click to expand...

If I told you exactly how good it was, you wouldn't believe me.... :cool:
Click to expand...

Face value ?
:lol:
Click to expand...

The guy I was dealing with was a bit of a prick, and on the offensive from the start. He said a dealer had offered him 85% of spot, and he knew exactly what 1/2 sovereigns were worth and that he'd take no less than 90% spot and I'd also have to pay for delivery.

A bit taken back, I agreed, thinking he was a bit of a wanker.

Then when I opened the parcel..... and they all weighed just under 8g.... well, the rest is history. Lucky he knew exactly what they were worth :lol:

Best buy I ever made. :D
 
Errrr only one thing comes to mind regarding the original source of those hearing a story like that :/
 
wrcmad said:
Austacker said:
Just make sure you are comparing same for same. Mint marks etc...
Click to expand...

Thanks. I have just been looking at the plathora of variations. :o
And I have no idea about grades. :/

This will keep me busy for a while.....
Click to expand...

The Shield Sovereign was minted in Australia between 1871 - 1887 Young Head

These were introduced to actually be a bit more neutral. In eastern countries it was not good to show your mythical creatures being speared by people who wish to trade.

If you can try and get a better picture of the 1872 date and also if you see a mint mark. The rest are not Australian, I cannot assist at all on those ones sorry.
 
Further research on the 1872 shows this was an over date year (very rare) it also shows it was a "M" mint. Yours appears to have a "M" this is on the reverse at the bottom under the shield, wreaths.

The 2 looks a little different on yours. Who knows you may have really hit the jackpot ?

1902 - Bullion (unless rare international mint variety)

1885 M "No BP" this is a rarer one however the damage will effect the value approx $1200 without damage EF ?

1898 "?" S is the rarer one

1911 bullion as above

1892 "S" is the rarer one

Hope that helps a little further
 
Thanks Austacker.
Here is a better pic of the 1872. (though none of my pics are exceptional)
I found another 2 with Australian mint marks. Maybe you could help with these too?
Much appreciated. :)

4088_1872.jpg


4088_1892.jpg


4088_1902.jpg
 
My reference states the following -

1872 M Scarce !!
Hold onto that one or sell at a good price but do your due diligence as it might be worth a tidy sum !!

1885 M common with mintage ~ 1.6 mil

1892 M normal with mintage ~ 3.5 mil

1902 P common with mintage ~ 1.6 mil

keep us posted on how things pan out and especially w.r.t. your 1872 hoping it is the real McCoy.
 
Photonaware said:
My reference states the following -

1872 M Scarce !!
Hold onto that one or sell at a good price but do your due diligence as it might be worth a tidy sum !!

1885 M common with mintage ~ 1.6 mil

1892 M normal with mintage ~ 3.5 mil

1902 P common with mintage ~ 1.6 mil

keep us posted on how things pan out and especially w.r.t. your 1872 hoping it is the real McCoy.
Click to expand...

Thanks Photonaware. I have kept them all - I have since determined they are all the real thing.
 
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