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Under weight gold sovereign


SamGibsonBJJ

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Hi,

I am new to stacking precious metals and recently made a purchase from a reputable online bullion dealer for 2 bullion grade gold sovereigns.

One of the sovereigns weighs the normal 7.98 but the other weighs in at 7.95 there is no doubt in my mind that they are real but my question to more experienced stackers is will this effect the price when in the future i decide to sell back to the bullion dealers?

 

 

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On 13 February 2017 at 15:06, SamGibsonBJJ said:

Hi,

I am new to stacking precious metals and recently made a purchase from a reputable online bullion dealer for 2 bullion grade gold sovereigns.

One of the sovereigns weighs the normal 7.98 but the other weighs in at 7.95 there is no doubt in my mind that they are real but my question to more experienced stackers is will this effect the price when in the future i decide to sell back to the bullion dealers?

 

 

Normal to loose milligrams or just be out by a few milligrams

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Older sovereigns can be under weight, 9.95g  is not bad for older sovereigns.  when you get more experienced into stacking you will realise some can come well under weight I have one that weighs 7.7g young Vic it's just worn  some have been in jewelery others used a money in circulation.  That's why the collectors pay a lot of money for an EF of a UNC Sovereigns.  Myself I like to think that a sovereign may of been used as money by a soldier etc so it would be worn! In the past the mint would melt down old worn under weight. sovereigns Don't worry about it being slightly under weight a 1908 sovereign will sell easily to collectors and stackersand back to dealers.

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15 hours ago, Pipers said:

Older sovereigns can be under weight, 9.95g  is not bad for older sovereigns.  when you get more experienced into stacking you will realise some can come well under weight I have one that weighs 7.7g young Vic it's just worn  some have been in jewelery others used a money in circulation.  That's why the collectors pay a lot of money for an EF of a UNC Sovereigns.  Myself I like to think that a sovereign may of been used as money by a soldier etc so it would be worn! In the past the mint would melt down old worn under weight. sovereigns Don't worry about it being slightly under weight a 1908 sovereign will sell easily to collectors and stackersand back to dealers.

I'd be happy with a 9.95g sovereign;)

Profile picture with thanks to Carl Vernon

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  • 3 months later...

Resurrecting an old-ish thread here after using search, as I'm interested in acceptable variance for overweight sovereigns.

http://www.ebay.co.uk/itm/1892-22ct-solid-gold-half-sovereign-jubilee-head-/332230392554

3.95 grams on a Half-sov.. is that a bit too heavy for normal dirt accumulation? 

Unless this particular example had minting variance from the usual 3.66.

It could just be their scales.

EDIT: Looking at the Full sov they're selling on the same scales, I guess it's the scales.

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5 hours ago, Jay2 said:

Resurrecting an old-ish thread here after using search, as I'm interested in acceptable variance for overweight sovereigns.

http://www.ebay.co.uk/itm/1892-22ct-solid-gold-half-sovereign-jubilee-head-/332230392554

3.95 grams on a Half-sov.. is that a bit too heavy for normal dirt accumulation? 

Unless this particular example had minting variance from the usual 3.66.

It could just be their scales.

EDIT: Looking at the Full sov they're selling on the same scales, I guess it's the scales.

No, you are getting confused with sovereign weight vs gold content. 

The Gold Sovereign

The Gold Sovereign aims to provide the most complete online resource to collectors of the world's most popular gold coin - the Sovereign.

www.thegoldsovereign.com    |    contact@thegoldsovereign.com

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Resurrecting an old-ish thread here after using search, as I'm interested in acceptable variance for overweight sovereigns.
http://www.ebay.co.uk/itm/1892-22ct-solid-gold-half-sovereign-jubilee-head-/332230392554
3.95 grams on a Half-sov.. is that a bit too heavy for normal dirt accumulation? 
Unless this particular example had minting variance from the usual 3.66.
It could just be their scales.
EDIT: Looking at the Full sov they're selling on the same scales, I guess it's the scales.


Was going to say it should be 3.99g
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