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BEWARE.....Fakes seem to be in abundance!!!
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<p>[QUOTE="1934 Wreath Crown, post: 2416857, member: 76965"]I have not had to try the magnet test because I immediately recognised it as a fake. But they use pewter or similar alloy, which looks similar to silver, and can fool the novice buyer quite easily.</p><p><br /></p><p>As far as repeating marks etc. are concerned, one really would need an in-depth knowledge of the counterfeit/fake coin industry and if one has done that much research, he will already have sufficient knowledge to spot a fake a mile away. I consider myself a novice collector and I could spot the telltale marks on this rather well made fake.</p><p><br /></p><p>Also do remember that many coins are being produced in certain countries including India, Dubai etc. which are made from 22k gold and are sold as just plain gold bullion, not as George V sovereigns. I am not sure if they are being reproduced under a license of some sort but the Dubai coins are clearly marked as 22k. I don't have an issue with these as the jewellers clearly point out that they are not original sovereigns but I do have issues with those who deliberately try to mislead.</p><p><br /></p><p>Wish some online sites had the guts to blacklist and penalise sellers of fakes but I suppose the greed of earning 9% commission on a sale is overwhelming!!![/QUOTE]</p><p><br /></p>
[QUOTE="1934 Wreath Crown, post: 2416857, member: 76965"]I have not had to try the magnet test because I immediately recognised it as a fake. But they use pewter or similar alloy, which looks similar to silver, and can fool the novice buyer quite easily. As far as repeating marks etc. are concerned, one really would need an in-depth knowledge of the counterfeit/fake coin industry and if one has done that much research, he will already have sufficient knowledge to spot a fake a mile away. I consider myself a novice collector and I could spot the telltale marks on this rather well made fake. Also do remember that many coins are being produced in certain countries including India, Dubai etc. which are made from 22k gold and are sold as just plain gold bullion, not as George V sovereigns. I am not sure if they are being reproduced under a license of some sort but the Dubai coins are clearly marked as 22k. I don't have an issue with these as the jewellers clearly point out that they are not original sovereigns but I do have issues with those who deliberately try to mislead. Wish some online sites had the guts to blacklist and penalise sellers of fakes but I suppose the greed of earning 9% commission on a sale is overwhelming!!![/QUOTE]
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BEWARE.....Fakes seem to be in abundance!!!
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