Rolled gold is a solid goldalloy(12k,14k or 18k) sheet pressed on base metal. It contains way more gold than goldplated items, usually atleast 5% of the total weight. That specific sovereign holder should weigh about 22gr and have a 10% 18k gold plating. So considering the unplated parts it should contain 1-1,5gr of fine gold.
Rolled gold is effectively plated base metal. If it were silver gilt (or gold) you'd expect to see hallmarks on the major parts, like where the rolled gold stamp is, and the shoulder that retains the coins on the spring plate. Does look the part though.
Interesting video as always, Shaun. By the way the Sovereign case/holder was known back then as "a fob" (a wonderful way to scratch your coins which didn't matter when Sovs were currency). Like the gold watch it had its own little chain from the button hole of the vest to the vest pocket. Bling-bling 🙂
I have a treble sovereign holder of similar design, although it has multiple stamps on its various parts, would not sell as it looks so nice and probably has some interesting provenance.
The one I received today is really nice - If I was the gentleman Id keep it as its a lovely artefact. I probably should have declined when he offered it off the bat but I was just a bit curious about it. - Lesson learned.
I remember rolled gold as a term back in the 1950s 1960s, A term often used for gold covered fountain pens and cigarette cases. However, rolled gold is not a term I've heard for many decades. £50 is a fair price for a nicely made coin memorabilia.
We have an old saying in Texas, fool me once fool you, fool me 17 times fool me. You check everything out and there is a sovereign with very suspicious weight. This is great and you absolutely have to do this - otherwise you go out of business. You have to think either the sovereign checks out, it looks good, weight is good, dimensions are good. reeds count is good and XRF check - this "probably" 99% means you have a good coin, otherwise "probably" 99.99% means you have a bad coin. There is no other way to deal with this. Also don't worry about follow up with the customer - the only business here is coins, not stories that may or may not be true. Please please please don't take it to Chard's the counter staff will see it 10 foot across the room and call it out as a fake. There are loads of fakes and probable fakes out there, if you take something to Chards make sure it is a probable fake
We have a similar saying across the pond. Fool me once shame on you - fool me twice shame on me. it doesnt matter if the client does get back to me but its more for my own curiosity - I could have just sent it to one of my peers who has the xrf machine but I didn't think it was worth doing that - too many things I didn't like about the coin. Chards is a very respected dealership in the UK but they are opposite end of the country just for reference :)
Hi Shaun. Why not use sigma to verify gold/silver content? I think at 50£ that holder is a keeper. Rolled gold is basically same as gold filled, which could be various levels of thickness. Probably 2£ of gold in it. Sometimes silver is used for base material though. Cheers!
Thats more a legacy thing than anything. I am not against the machine but this year will be my last more than likely and when I started the business I was buying from professional dealers with kit. I hope this answers the why. :)
Hi Shaun, I can’t speak to the trinkets, but for the bars and coins, have you considered a Sigma Metalytics machine? If you’ve discounted using one, may I ask why?
Hello - I am not against the sigma - I was offered the chance to review it on my channel I was quite poorly at the time and didnt get back them (my bad). I can actually afford to buy a xrf its nothing to do with finances it is more I am winding down the business and 99.9% of coins and bars can be validated by the old school methods. This is my victory lap :)
Yes and no. I don't think its to do with reputation but more scale. I can buy 100k in the busiest months without having a shop front/ office etc so the reputational side of it no. If i was trading at a higher level 100%. It's a balance. If it puts some clients off I am hardly struggling to get stock in and tbh I don't want more than I get in :)
Hi Shaun. Why not use sigma to verify gold/silver content? I think at 50£ that holder is a keeper. Rolled gold is basically same as gold filled, which could be various levels of thickness. Probably 2£ of gold in it. Sometimes silver is used for base material though. Cheers!
Nice selection 🙆♂️, I’m into sovs, but the silver bars look cool😍.
Thanks for sharing, 🙋🏻♂️J.
More silver to film that came in today.
Rolled gold is a solid goldalloy(12k,14k or 18k) sheet pressed on base metal. It contains way more gold than goldplated items, usually atleast 5% of the total weight. That specific sovereign holder should weigh about 22gr and have a 10% 18k gold plating. So considering the unplated parts it should contain 1-1,5gr of fine gold.
Rolled gold is effectively plated base metal. If it were silver gilt (or gold) you'd expect to see hallmarks on the major parts, like where the rolled gold stamp is, and the shoulder that retains the coins on the spring plate. Does look the part though.
learn something new everyday.
Interesting video as always, Shaun. By the way the Sovereign case/holder was known back then as "a fob" (a wonderful way to scratch your coins which didn't matter when Sovs were currency). Like the gold watch it had its own little chain from the button hole of the vest to the vest pocket. Bling-bling 🙂
Its not something I really have any knowledge in - Very cool item
Excellent video
Thanks for the visit
Great video, I have a Perth mint bar. What are the tell tales of it being a fake? Thanks
Typically they are too thick as they were copper plated :)
@@shaunoliver1703just looked at mine and it’s a tad chunky. I’ve not owned a 1oz bar before. But not looking good
@@GrandChamp1992 Send me some pics at shaun@backthemetal.com. I wouldnt panic as there is some simple tests that can be done :)
@ thank you, I’ll send some over shortly
If seen that exact coin, same year faked on eBay
There is many fake 1887 double and quintuple sovereigns
@@shaunoliver1703 was the one in this video a double ??
@@JackDent-z1d yes
liked the coins i would probacly have bought that double
I have a treble sovereign holder of similar design, although it has multiple stamps on its various parts, would not sell as it looks so nice and probably has some interesting provenance.
The one I received today is really nice - If I was the gentleman Id keep it as its a lovely artefact. I probably should have declined when he offered it off the bat but I was just a bit curious about it. - Lesson learned.
I remember rolled gold as a term back in the 1950s 1960s,
A term often used for gold covered fountain pens and cigarette cases.
However, rolled gold is not a term I've heard for many decades.
£50 is a fair price for a nicely made coin memorabilia.
It was new to me thats for sure.
We have an old saying in Texas, fool me once fool you, fool me 17 times fool me.
You check everything out and there is a sovereign with very suspicious weight. This is great and you absolutely have to do this - otherwise you go out of business. You have to think either the sovereign checks out, it looks good, weight is good, dimensions are good. reeds count is good and XRF check - this "probably" 99% means you have a good coin, otherwise "probably" 99.99% means you have a bad coin. There is no other way to deal with this. Also don't worry about follow up with the customer - the only business here is coins, not stories that may or may not be true. Please please please don't take it to Chard's the counter staff will see it 10 foot across the room and call it out as a fake. There are loads of fakes and probable fakes out there, if you take something to Chards make sure it is a probable fake
We have a similar saying across the pond. Fool me once shame on you - fool me twice shame on me. it doesnt matter if the client does get back to me but its more for my own curiosity - I could have just sent it to one of my peers who has the xrf machine but I didn't think it was worth doing that - too many things I didn't like about the coin. Chards is a very respected dealership in the UK but they are opposite end of the country just for reference :)
Hi Shaun. Why not use sigma to verify gold/silver content?
I think at 50£ that holder is a keeper. Rolled gold is basically same as gold filled, which could be various levels of thickness. Probably 2£ of gold in it. Sometimes silver is used for base material though. Cheers!
Thats more a legacy thing than anything. I am not against the machine but this year will be my last more than likely and when I started the business I was buying from professional dealers with kit. I hope this answers the why. :)
Hi Shaun, I can’t speak to the trinkets, but for the bars and coins, have you considered a Sigma Metalytics machine? If you’ve discounted using one, may I ask why?
Hello - I am not against the sigma - I was offered the chance to review it on my channel I was quite poorly at the time and didnt get back them (my bad). I can actually afford to buy a xrf its nothing to do with finances it is more I am winding down the business and 99.9% of coins and bars can be validated by the old school methods. This is my victory lap :)
I think the UK standard for gold for hundreds of years is that it's got to be hall marked so I suspect rolled gold is plated base metal...
By the responses it would seem i dodged a bullet.
Wow shaun
Some nice bits today
Hello Shaun, ✌️
Evening
@@shaunoliver1703morning here in NZ. Sov price going up here.
@@MrMarcol29 Gold is going on a charge.
❤
Thanks for stopping by.
Do you not think having an xrf machine would make you a more reputable dealer?
Yes and no. I don't think its to do with reputation but more scale. I can buy 100k in the busiest months without having a shop front/ office etc so the reputational side of it no. If i was trading at a higher level 100%. It's a balance. If it puts some clients off I am hardly struggling to get stock in and tbh I don't want more than I get in :)
@@shaunoliver1703 fair enough.
Appreciate the videos.
Hi Shaun. Why not use sigma to verify gold/silver content?
I think at 50£ that holder is a keeper. Rolled gold is basically same as gold filled, which could be various levels of thickness. Probably 2£ of gold in it. Sometimes silver is used for base material though. Cheers!
Rolled gold is plated gold.
Thank you
He made a grave error with the sovereign holder,it is a nice one but £100 would be the very top dollar I’d say🤔
I think he overpaid sadly
* Someone can't count. They are not half a kilo on the bars - Need to go back to school.