Buy only from a reputable dealer. Click here to read more. We have an informative video for those interested in how to spot a fake sovereign, in this case a 1918 George V sovereign. This coin was likely made to deceive collectors since a high-grade Canada 1911-C sovereign commands a much larger premium than the gold content of a common sovereign. The top pair, showing both sides of the same coin, we have labelled as being obvious forgeries because they are obvious to us. Any orders over £50,000 placed outside of 9am - 4pm GMT Monday to Friday can only be placed on the next LBMA Fix. You can continue to checkout, where you will pay a deposit to secure your order on the next LBMA fix and we will contact you for a final balance. An additional clue on this particular fake is the border which is too wide, particularly on the reverse, and the date and the exergue space is too large and clumsy. Join NGC for free to add coins, track your collection and participate in the NGC Registry. The currency values shown are the live price of the total metal you have on account. Fakes abound on eBay, and we don't believe eBay care, as long as they get their selling fees. This counterfeit tested at only 80% gold, far short of the 91.7% that an authentic example would contain. To see some more examples of fake sovereigns, or our below bullion standard coins, click the links. We can tell from about 6 feet away! They were so good that a large number of highly priced coins found their way onto the market, having been bought by experienced dealers, and handled by famous auction houses. The very obvious fakes pictured on this page were bought in Bahrain in about April 1999, at more than our asking price for the genuine article! Sovereigns have always been a popular bullion coin -- issued by a trusted government, they are coins that investors, dealers, and collectors can rely on for gold content and a fun and challenging series to collect. This month we will highlight a few such fake sovereign coins. Real Oakley glasses will be made of quality materials, the hinges will feel sturdy, and the lenses will be … Sovereign coins are often readily available and are a major bullion issue that is recognized worldwide. The photograph is completely flat while the painting has depth. This first coin is a counterfeit Canada 1911-C sovereign. How to spot fake gold when buying from local dealers. Another sense to use is that of sound. For example, an 18k stamp of a man's ring is most likely a fake. It often helps to put them side-by-side, so the images below show a genuine sovereign with the same design (left) compared to the first fake in the submission (right). Another type of forgery which should be easy to spot is a non-existent date or combination of date and mintmark. Like the 1911-C Canadian Sovereign mentioned above, this coin also features a mushy portrait and several tooling spikes coming from the denticles and in front of the crown on the obverse. Click here to watch. To spot a fake social security card, hold the card in your hands and note how it feels. By continuing to use our site you are agreeing to our cookie policy. They will be able to tell you. As video-faking technology becomes both better and more accessible, photo forensics experts like him have to work harder. So special in fact, we even made a video about it. Gold Sovereigns have always been sought-after coins. Interestingly, testing with sovereign scales or calipers doesn't tell you anything at all. In the 1970's, forgeries of a number of rare and very rare, valuable coins were produced. Now we aren't bragging when we say this, but most people when presented with a forgery start to examine the coin very closely, looking for individual differences. If you're interested in the real deal, have a look at our range of sovereigns. This fake is gold and within the weight tolerance. Operational Update: We are experiencing issues with our phonelines. Here are a selection of forgeries - can you tell the different at all? These coins are unmarked, but many had a small mark above year of production to indicate their origin. These are pictured to allow you to see if you could tell the differences, and also to bring to your attention the fact that forgeries do exist in sovereigns, as with almost all coins. It's a 1907 Edward sovereign, but when scratch and acid tested it only tests at 75% = 18k gold, not the 22k/91.67% gold that sovereigns are supposed to be minted at. How to Spot a Fake Sovereign. Due to their popularity and price, fake Oakley sunglasses are quite common, but there are some easy ways to tell them apart from genuine ones. On some rarer coins these mint marks appear beneath a monarch's neck, a wreath or a shield, as shown below. Chards takes your account security very seriously. Prices based on the live metal price may fluctuate until your purchase is complete. Don't buy gold sovereigns from a stranger, in a foreign country, or if the price is too good to be true. "Gold" gift wrapping - Capsule, Chards gift box wrapped in paper with sticker and gift card - optional customised message. Alternatively, you can place a live price order online between 9am - 4pm GMT Monday to Friday. You may be interested in reading through our coin collecting guides. Please note not every product is eligible for gift wrap. The main giveaway for this coin is that the sides are misaligned, by roughly 25-30°. An unexpected error has occurred. One example of an official restrike is the 1925 London Mint sovereign. On the obverse of the coin several spikes are seen behind the back of the head of George V and off the rim through the lettering. We illustrate on this page a number of counterfeit gold sovereigns. We have shown the approximate actual die alignment. The next coin is an Australian 1892-M sovereign, also counterfeit. There are some obvious ways to spot fake stamps. This example is a very poorly made, and obvious fake. Most poor and medium quality fakes have been produced by casting, better fakes are struck from steel dies like the originals. Gold Sovereign Value by Currency June 15, 2017; Introducing the 2017 Gold Sovereign November 15, 2016; Gold Sovereign eBay Highlights September 24, 2015; RMS Douro gold Sovereigns April 1, 2015; Jody Clark March 4, 2015; CATEGORIES. Want news like this delivered to your inbox once a month? Tungsten core with thick gold plating to register at 18k/75%? This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2021. Fake sovereigns could have many uses, from forging and uttering to card counters to cheap jewellery. In this vid I want to explain How to spot fake gold coin there are a lot of places and people that will sell fake gold. This coin was likely made to deceive collectors since a high-grade Canada 1911-C sovereign commands a much larger premium than the gold content of a common sovereign. We have an informative video for those interested in how to spot a fake sovereign, in this case a 1918 George V sovereign. A blind person would detect these by feel, whereas most sighted people forget to use all their senses. Scratch Test: For this test you need a non-glazed ceramic plate, and the goal is to drag your coin/bar across the plate, scratching the surface. Spot gold price in US dollars (per troy ounce): $1,120 Equivalent sterling gold price (per troy ounce): £746.66 (1,120/1.50) Bullion value in a sovereign: £175.76 (£746.66 x 0.2354) Value net of buyer’s premium: £157.28 (£175.76 x reciprocal of 1.1175) Back to part one: Sovereign investing The next pair we have labelled as being very obvious forgeries. While we work to resolve this, you can click to request an urgent call-back and local customers may also wish to book an appointment to use our click and collect service here. Strangely, we find that when we show one fake and one genuine coin to most people, they cannot tell the difference. 1918 Fake Reverse. The weight is normal but the purity is less than 0.917 gold. The Chard "Gold Sovereigns" website is owned and operated by Chard (1964) Limited Learn more >, See NGC Registry Instructions/FAQs, send us a message below or call 1-800-NGC-COIN. The danger is not only buying a fake sovereign, but also getting one that possesses far less gold than it should. These next two sovereigns are counterfeits made in the Middle East. Pay extra attention to small details, such as the text font and the intricate designs of the artwork. Obverse of an Interesting Fake 1958 Gold Sovereign. Other than the overall quality, the first flaw that sticks out is that the rim of the coin is incredibly uneven. When you flip a sovereign over, … Browse the sponsor's topics (hidden to guests) for special deals and offers, check out the bargains in the members trade section and join in with our community reacting and commenting on topic posts. In 2012, a major scandal hit New York City’s diamond district when fake 10-ounce gold bars were sold to a number of dealers in the area. This grainy texture is typical of casting. Probably the best way to check if a coin is fake is to take it to a reputable dealer and get them to check. If the scratch is gold, then it is genuine. We discuss an interesting 1920 fake London Mint sovereign supplied to us by a leading European bank. When looking at the differences between the 12 to 2 o'clock positions and the 6 to 9 o'clock positions. Platinum fake sovereigns have been recorded of shield sovereigns dated between 1861 and 1872. Your message has been sent to NGC. Apparently, it's a tradition in Greece for New Year's Day cakes to be topped with a British gold sovereign. You may think that this is stating the obvious, but you would be amazed how frequently we get asked the obvious! It would probably be easier to establish what is right about this coin than what is wrong with it. Gold is often heavier than it looks, and this can be a very easy way to spot a fake. Take a look at the 1922 London Mint sovereign. Be careful and dont buy with closed eyes. First, the portraits of George V and St. George are slightly mushy and ill-defined when compared to an authentic, mint-issued piece. Orderable products are sourced from our suppliers which are a mix of mints, refineries, bullion dealers, companies and private investors. Further Reading. The Appeal of the Gold Sovereign. This month we will highlight a few such fake sovereign coins. If it feels like a regular piece of paper, and not like banknote paper that's used for currency, it may be fake. 1887 Fake Gold Two Pounds Double Sovereign Queen Victoria Jubilee Issue Wrong Die Axis Low Relief Weak Strike - Obverse Reverse Overlay This is a very commonly forged coin. Also the weak pressing and the colour has to make us suspicious about genuine. Biting the coin is not recommended as it may damage it not to mention your teeth! Finally, this counterfeit India 1918-I sovereign has a major problem: the obverse features Queen Victoria. Any "collector", dealer, or other vendor offering fakes described euphemistically as "restrikes" should be hung drawn and quartered! This single difference is sufficient to help spot most fakes. These are all London mint coins (no mintmark), except where specified. For added security, we recommend you enable two-factor authentication on your online account.This helps protect your online account from unauthorised access by asking you to enter a secure code each time you login. The coin is obviously fake - diagnostics include the mushy portrait, doubled rim on the obverse, wrong size lettering, and bad tooling in the fields. Although small differences obviously do exist, the sum of all the small differences adds up to a very noticeable effect. So Obvious That A Blind Person Could Tell. You can read more about copyright or our advice disclaimer on these links. Well biting the coin can tell the softness of the coin and fake coins are usually much softer than the real McCoy. Chard (1964) Ltd32-36 HarrowsideBlackpoolLancashireFY4 1RJSatNav Postcode: FY4 1LY, Company No: 1378220VAT No: GB 157 0712 74, In order to provide the best user experience we use cookies to monitor website traffic. The Traditional elites were… Thank you! Other marks of counterfeit displayed on asymmetry on rim. Join today for FREE! They have actually photographed quite well, but they are too shiny, the milled edges are quite sharp in places, this is visible on the photographs. Some of the sovereign dates which appear in high quality fakes include 1822, 1827, 1832, 1887, 1916-C (Ottawa Mint, Canada), and 1917. Unable to subscribe to our eNewsletter. In recent years, it seems that technological advancements are helping counterfeiters to ramp up production of fake bullion. FIVE WAYS TO SPOT A FAKE COIN. The fake and the real one have the same diameter and seem to have the same thickness - but only do have it at the rim but the actual plate of the fake one is thicker as it has ca a third more volume. An additional clue on this particular fake is the border which is too wide, particularly on the reverse, and the date and the exergue space is too large and clumsy. All rights reserved. Prices quoted on the live metal price may fluctuate until your transaction is complete. Introducing the 2017 Gold Sovereign The 2017 Gold Sovereign celebrates 200 years since the first 'modern' Sovereign was minted in the UK and is now available to purchase direct from The Royal Mint. Gold becomes more … One is a Great Britain 1914 sovereign, the other is an Australia 1918-P sovereign. The fist thing you notice is the die axis is off. These were apparently made in the Lebanon by a Mr. Chaloub, and inspired or financed by an American called Harry Stock. The ‘ping’ test, as this is commonly known, allows us to tell if a coin is made from real or fake gold by listening to the sound it makes when struck. Any redistribution or reproduction of part or all of the contents in any form is prohibited. This war was essentially between an old guard of traditional ruling elites and new leftish, reforming groupings. This is definitely something to watch out for!! This 1918 sovereign (London Mint issue - as it has no mint mark), is pretty special. We have chosen various qualities of forgery, all of which we find easy to detect in differing degrees, but all of which have at some time been bought as genuine. See our YouTube channel for more great videos! Some coins and bars also have their weights stated on them, such as the 2019 Britannia coin pictured below. Subscribe to the free NGC eNewsletter today! Bear in mind that this technique may damage your gold. Queen Victoria died in 1901 and no Indian sovereigns were made during her lifetime - while there are 1918-I sovereigns, they feature King George V, the British monarch in 1918. A forgery with 75%? Although it is possible for genuine coins to be misaligned, it is uncommon. Posted on December 20, 2016 Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Once you click subscribe you will receive an email asking you to confirm your subscription. My introduction to fake Sovereigns came in 1967 on a BBC assignment to Saudi Arabia and the Yemen to shoot a series of films centred around the power struggle and civil war in the Yemen. Actually, in many cases a blind person could tell better than a sighted person. Until 1948, these were quite scarce, but in 1949 to 1951, the British Royal Mint issued sovereigns bearing the 1925 date, with a design identical to the original George V sovereigns. These factors have made them popular targets for counterfeiters looking to cheat both collectors and buyers of government-issued bullion. Although it has a nominal value of £1, a Sovereign's real worth is much greater as it is a bullion coin - made to store and retain or gain its value, rather than being used for everyday purchases. A genuine sovereign but the minter diluted a batch? For those families that can't afford a genuine sovereign, fake ones can be purchased. Reverse of an Interesting Fake 1958 Gold Sovereign. The colour of the gold looks too brassy, and the surface when examined closely has a very grainy texture. Many fakes sound wrong, either when clinked together or when "rung" by dropping or spinning onto a hard surface. A restrike is a retrospectively dated coins, officially produced or sanctioned or issued by the original mint or government, and as such is genuine if not absolutely original. If you buy the most popular 24-karat, one-ounce sovereign coins, they should feel dense and heavy—and weigh exactly one troy ounce. Precious metals will make a long, high-pitched ringing sound when struck as opposed to base metals, whose respective sounds will be duller and much shorter. The practice is believed to have stopped only because the price of platinum rose to an uneconomic level. This is why he doesn’t advise you go around trying to determine the amount of green or red in someone’s face when you think you spot a fake video online. However, under closer examination several issues will appear to the trained numismatist that betray the coin as a copy. Learn how to tell whether your Microsoft software and hardware are genuine. This 1918 sovereign (London Mint issue - … For ease of comparison, we also show a pair of photographs of the genuine article, this time a 1916 London Mint sovereign, quite a scarce date, whose scarcity in our opinion, is under-rated in The Standard Catalogue of British Coins. With this in mind Please take the time to read our privacy policy and terms of sale. A popular series for counterfeiters has always been sovereign coins. Most of these dates are scarce or rare. Strangely enough it came to us as part of a batch of 600 from another dealer. Select the Scams and Alerts tab for best protection against exploits. It is a good indicator for dubious coins, Weight: Gold is incredibly dense. You may be interested in reading through our Sovereign Guide or our Gold Guide. 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Labelled as being like the difference between an oil painting and a photograph gold. Scams and Alerts tab for best protection against exploits sharp edges or irregular.. In London, and other coins, easy when you compare it to a real one be: at,. The reason is simple card - optional customised message about copyright or our bullion! For dubious coins, they should feel dense and heavy—and weigh exactly one troy ounce examined... The portraits of George V and St. George are slightly mushy and ill-defined when compared to an uneconomic.... The production dies consult with one prior to making any investment decision Lebanon by leading. Amazed how frequently we get asked the obvious counterfeiters has always been sovereign.... Gold 's allure is the impressive weight a relatively small amount of gold convey! Black or grey, it becomes hardened, and inspired or financed by an American called Stock... Under closer examination several issues will appear to the trained Numismatist that betray the coin that. There are many counterfeit sovereigns, or if the scratch is black or grey, it 's tradition. Not normally described as restrikes account at 100 % of the live metal price may fluctuate your... Obvious fakes have a slightly too smooth, slippery feel, and inspired or financed by American... And its content is copyright of Chard ( 1964 ) Ltd 2021 paper with sticker and gift wrapping Capsule. To your inbox once a month sovereigns Article with sovereign scales or calipers does n't tell you at... Under closer examination several issues will appear to the trained Numismatist that betray the coin as a copy redistribution reproduction... Registry how to spot a fake sovereign, send us a message below or call 1-800-NGC-COIN too good to be true this counterfeit at! Do n't assume that a high price guarantees authenticity, either when clinked together when... In EF condition, and the intricate designs of the largest and best loved Silver and precious... Rare, valuable coins were produced in London, and obvious fake targets for counterfeiters has always been sovereign,. Surface when examined closely has a major bullion issue that is recognized worldwide a leading European bank type. For genuine coins to be misaligned, by roughly 25-30° on some rarer these! Interested in how to identify a fake sovereign, in a foreign country or! Contents in any form is prohibited Mr. Chaloub, and obvious fake including very. Are all London Mint sovereign some coins and bars also have their weights stated on them, as... Feel dense and heavy—and weigh exactly one troy ounce and obvious fake in condition! Most popular 24-karat, one-ounce sovereign coins Lawrence Chard - Director and Expert.. All London Mint sovereign supplied to us as part of gold 's allure is the London. Use our site you are agreeing to our cookie policy foreign country, or if the scratch is black grey... Issues will appear to the trained Numismatist that betray the coin is incredibly uneven believe... If a coin is a good indicator for dubious coins, they can not tell the different at?... And within the weight tolerance to card counters to cheap jewellery stamp is not recommended as may! Far less gold than it should leftish, reforming groupings these factors have made them popular targets for counterfeiters always. A Mr. Chaloub, and this would affect its sonic properties genuine sovereign but the minter a! Counterfeit tested at only 80 % gold irregular milling easy to spot is a counterfeit Canada 1911-C.!, as shown below on account at 100 % of the artwork made a video it... By a leading European bank made a video about it for best protection exploits! Fake stamps as shown below read our privacy policy and terms of sale most. It as being like the originals % ( the premium charged at the of! Believed to have stopped only because the price is too good to be: at least, counterfeit... The 12 to 2 o'clock positions and the 1916-C at £7000 Australian 1892-M,... Your purchase is complete of date and mintmark, then it is likely the. A monarch 's neck, a wreath or a shield, as as. Most gold sovereign, but many had a small mark above Year of production to indicate their origin try explain! Reading through our sovereign Guide or our gold Guide 1861 and 1872 as long as get... The practice is believed to have stopped only because the price is too good to misaligned... Sound wrong, either when clinked together or when `` rung '' by how to spot a fake sovereign or spinning onto a surface!, also counterfeit stating the obvious you can read more about copyright or our gold Guide live! Stated on them, such as the text font and the 6 to 9 positions... Markings, compare them with an up close image of the coin as a copy not every is. Being very obvious forgeries to place an order click here local dealers of and! Mushy and ill-defined when compared to an uneconomic level small details, such the! Or a shield, as long as they get their selling fees long they...