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Counterfeit Detection: 1913 Gold Sovereign Great Britain

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CCFPress's Avatar
United States
1420 Posts
 Posted 09/12/2023  11:39 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
NGC - These two counterfeits share some of the same imperfections.

The British gold Sovereign is one of the most popular and enduring coins around. It has been struck from 1817 to present, and well over 1.1 billion were struck over those two centuries.

During those years, the coins were struck at numerous mints, including in Great Britain (London), Australia (Sydney, Melbourne and Perth), South Africa, Canada and India. Due to their historical nature, as well as high attrition rates of these pieces, they are highly collectible today.

Recently, NGC received a pair of coins that appear to be 1913 Sovereigns struck in London. Unfortunately, even though they were within tolerances on weight and metal purity, both were counterfeit.

Counterfeit-Detection:-1913-Gold-Sovereign-Great-Britain
Counterfeit 1913 Great Britain Sovereign #1

In the photos above, there are numerous red circles. These highlight the areas of interest with regards to determining the authenticity of these pieces.

The first anomaly is located between the "G" and "B" at 11 o'clock. It appears to be a patch of die rust that will appear on every coin struck from that obverse die. Considering that these were gold coins, the London Mint would not have put a coin with such a defect into circulation.

Another patch of die rust can be seen above the second "G" in "GEORGIVS" on the obverse, as well as a third above St. George on the reverse. There are other, less severe areas that can be seen as well. Also of note (but not circled) is the extremely weak strike on the high points of the coin, most notably on St. George and the horse.

Counterfeit-Detection:-1913-Gold-Sovereign-Great-Britain
Counterfeit 1913 Great Britain Sovereign #2

As you can see, the second coin has the same defects as the first. This proves that the flaws are in the dies used to strike the coins.

In addition to the areas of rust and weak strike issues, there are other imperfections evident. The date has a very odd raised area to the right of the "3," which would not be something seen on a genuine example. Additionally, tool marks can be seen at 6 o'clock on the obverse and 12 o'clock on the reverse. These appear as small spikes emerging from beneath the denticles and are often seen on counterfeit coins.

Sovereigns can be fun coins to collect. Many people try to obtain one from each mint, or even try to obtain entire runs of certain monarchs. However, there are many fakes present in the market. Many of those are actually gold, like these are, so that would limit the financial loss of the purchase of one, but it still a risk.

Read More: Counterfeit Detection Series

Check out 1913 Gold Sovereigns on ebay.
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Coinfrog's Avatar
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94367 Posts
 Posted 09/12/2023  12:12 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Scary stuff for sure.
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Sap's Avatar
Australia
16805 Posts
 Posted 09/12/2023  9:04 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
In the Middle East, using genuine gold to make counterfeit sovereigns is surprisingly common, and has been for decades now. The people who make and sell these, use either slightly more dilute gold (21k instead of 22k) or make them slightly lightweight, and then hope that someone pays full-sovereign price for less than a sovereign's worth of gold. In Dubai, the largest gold market in the world, it's even legal to do this - so long as the jeweller making the counterfeits marks them with their actual fineness. These coins have no such marking, so they aren't modern Dubai counterfeits. These are probably "Lebanese counterfeits" from the 1950s and 1960s.
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IndianGoldEagle's Avatar
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36415 Posts
 Posted 12/30/2023  5:05 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Other than some of the mushy details and those marks, that would fool many of us.
Edited by IndianGoldEagle
12/30/2023 5:05 pm
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CopperHunter's Avatar
Canada
59 Posts
 Posted 12/30/2023  11:15 pm  Show Profile   Bookmark this reply Add CopperHunter to your friends list Get a Link to this Reply

Quote:
Other than some of the mushy details and those marks, that would fool many of us.


If the coin was worn down and of a lower resolution picture, most of us will believe it is genuine.
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NumisRob's Avatar
United Kingdom
17878 Posts
 Posted 01/04/2024  12:33 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Very scary fake.
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captainmandrake1's Avatar
United States
878 Posts
 Posted 01/04/2024  02:01 am  Show Profile   Bookmark this reply Add captainmandrake1 to your friends list Get a Link to this Reply
George's chest and the horse's head. Crazy weird.
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