I absolutely love this. It’s well voiced, concise, and informative. I recently started collecting pre-33 gold after being out of numismatics for over a decade. Keep up the great videos
I love my Sigma! If the curser falls out at the right it means the coin is lower in content. If it falls out to the left, it’s richer in gold content. Keep in mind that the difference between 90% and 91.67% is very small. Some variations in metal purity did occur at the old mints. They’re still good!
Before the sygma, we used books, scales, calipers, and acid tests to verify coins. I remember, about 2001-ish that I got a book that specifically dealt with the incusive $2.5 indian head. Almost on queue, my friend had called me to show me one that he had just purchased from an LCS. I told him of the book I had that I had just used to compare MY indian heads to, and gave him permission to bring it over to the compound, and we'd compare it to examples in the book. DANG! His coin contained all of the discrepancies noted in the book. It was if HIS coin was THE coin used for the photos! He took it back to the dealer, who apologized profusely, and refunded his money. None of us thought to check its gold content. Your video sheds a lot of light on that mystery. Thank you. Looking forward to part 3 (and part 1) :)
After having prolonged email exchanges with the Sigma folks about my $5 commemoratives measuring outside the brackets (to the left), I have learned that when the indicator is to the left of the brackets, it is of slightly higher gold/silver content than what it is purported to be. Not necessarily alarming to me since numismatic value is not any concern to me.
Going by what I just wrote above and what you have just said, it seems right hand side of brackets less than should be and left hand side of brackets more. Which ever way you look at it, the coin is a fake.
I ran across this exact scenario at a gold and jewelry shop. I almost bought the pre 33 coin. The only problem was it registered to high a content for gold to be an authentic pre 33 coin. I did not buy the coin and I showed it to the dealer. He was willing to sell the coin which was not slabbed for just the gold content. I still would not buy it as I just did not understand what was going on. I later did some research and came across an article stating there were Iranian counterfeits of the coin which were higher in content on the gold. I assume that is what this was but I still do not know for sure. I will be looking forward to your next video.
Going back to part one, I only this week got a fake 1902 Edward VII sovereign from an online dealer. The coin was very slightly wider and I Knew there be a problem. The sigma did not like it at all. Arrow facing to the right edge. I changed the setting from 917 (22ct) to 900 and the this read closer to the brackets but still out. I recon that the coins is probably 20-21ct gold and A middle east counterfeit. Lots of them were done in Libya
Great observation. But use caution and check out the video I released recently about recent skyrocketing gold prices if you haven't: th-cam.com/video/RCix-LqPF5E/w-d-xo.html
Keep in mind that some of the air gaps with incuse designs can cause erroneous readings. I say this in regards to bars and other coins I've tested on my sigma. Try using a smaller wand on the 10 dollar coin with a smaller wand, where it's flat.
I believe the old counterfeits were mostly made of lesser gold like 14k or 18k and once found there were was trouble for the passer of this coin whether he knew it or not and they were generally taken to a jeweler and melted down. So good chance many of the old counterfeits were basically turned into jewelry.
I think you raise a good point about confirmation bias: The obvious fakes--those with a much lower gold content and those poorly made--are easy to catch. But in my experience, there are many counterfeits out their that are a very good quality and a very high gold content.
@@Dub-C_Coins Those exist too and were generally made by experts with rarer dates during the late 70s run up. Basic gold going for spot and collectible coins going for 50% or 100% premium. My friends dad had a coin shop and these coins were offered to him by out of towners regularly
That's a really tough question. My recent video Zen and the Art of Metals Stacking addresses my thoughts on buying gold right now: th-cam.com/video/RCix-LqPF5E/w-d-xo.html
I absolutely love this. It’s well voiced, concise, and informative. I recently started collecting pre-33 gold after being out of numismatics for over a decade. Keep up the great videos
That's really nice to hear. Thanks for the comment and thanks for watching!
I love my Sigma! If the curser falls out at the right it means the coin is lower in content. If it falls out to the left, it’s richer in gold content. Keep in mind that the difference between 90% and 91.67% is very small. Some variations in metal purity did occur at the old mints. They’re still good!
Great topic, really looking forward to Part 3!
Thanks!
Hi Dub-C, thanks for the vlog! Really enjoying this series!
Glad you're enjoying them. The next one will be really cool!
I love the video but not crazy about cliffhangers! 👏👏👏🙈
Some folks don't like it when my videos run long. But I'll publish volume 3 really soon!
Great Deep dive into the elemental quality or molecular content in the gold coins. With the pre 33 gold hype it's good to know.
Before the sygma, we used books, scales, calipers, and acid tests to verify coins.
I remember, about 2001-ish that I got a book that specifically dealt with the incusive $2.5 indian head.
Almost on queue, my friend had called me to show me one that he had just purchased from an LCS.
I told him of the book I had that I had just used to compare MY indian heads to, and gave him permission to bring it over to the compound, and we'd compare it to examples in the book.
DANG! His coin contained all of the discrepancies noted in the book.
It was if HIS coin was THE coin used for the photos!
He took it back to the dealer, who apologized profusely, and refunded his money.
None of us thought to check its gold content.
Your video sheds a lot of light on that mystery.
Thank you. Looking forward to part 3 (and part 1) :)
Love hearing stories like this! Thanks for the comment, SilverSleuth!
Thank you 🙏 I did learn a lot waiting for part 3 indeed. 😊
Awesome. Thanks!
After having prolonged email exchanges with the Sigma folks about my $5 commemoratives measuring outside the brackets (to the left), I have learned that when the indicator is to the left of the brackets, it is of slightly higher gold/silver content than what it is purported to be. Not necessarily alarming to me since numismatic value is not any concern to me.
@@s1988teve interesting! And good to know.
Going by what I just wrote above and what you have just said, it seems right hand side of brackets less than should be and left hand side of brackets more. Which ever way you look at it, the coin is a fake.
Good video. Thanks.
Glad you liked it!
I ran across this exact scenario at a gold and jewelry shop. I almost bought the pre 33 coin. The only problem was it registered to high a content for gold to be an authentic pre 33 coin. I did not buy the coin and I showed it to the dealer. He was willing to sell the coin which was not slabbed for just the gold content. I still would not buy it as I just did not understand what was going on. I later did some research and came across an article stating there were Iranian counterfeits of the coin which were higher in content on the gold. I assume that is what this was but I still do not know for sure. I will be looking forward to your next video.
A great story and I'm really glad you posted it!
Really interesting series! I'll be curious to see your results. :-)
I'm subscribing, thanks
Thank you! I appreciate your watching AND your subscribing. Welcome aboard!
Going back to part one, I only this week got a fake 1902 Edward VII sovereign from an online dealer. The coin was very slightly wider and I Knew there be a problem. The sigma did not like it at all. Arrow facing to the right edge. I changed the setting from 917 (22ct) to 900 and the this read closer to the brackets but still out. I recon that the coins is probably 20-21ct gold and A middle east counterfeit. Lots of them were done in Libya
Another great story! Glad you caught this one before you bought it.
Look how much the value of gold has gone up just this was recorded. Today it's at $2633. Wow.
Great observation. But use caution and check out the video I released recently about recent skyrocketing gold prices if you haven't: th-cam.com/video/RCix-LqPF5E/w-d-xo.html
Hey Dub C, is there anyway to watch the livestream after its passed?
Yep, it's live now:
th-cam.com/users/liveJkkm-PpIszo?feature=share
I bought the SIGMA PRO (2Wand) 2 Years ago since I buy 1oz Gold coins also , it’s been wonderful indeed, a wise investment
Expensive but a great piece of equipment!
@@Dub-C_Coins buy 1 fake 1 oz coin gold ; and you would wish you bought the machine
Keep in mind that some of the air gaps with incuse designs can cause erroneous readings. I say this in regards to bars and other coins I've tested on my sigma. Try using a smaller wand on the 10 dollar coin with a smaller wand, where it's flat.
Great advice all around, though of course the $10 Indian is not an incuse design.
I believe the old counterfeits were mostly made of lesser gold like 14k or 18k and once found there were was trouble for the passer of this coin whether he knew it or not and they were generally taken to a jeweler and melted down. So good chance many of the old counterfeits were basically turned into jewelry.
I think you raise a good point about confirmation bias: The obvious fakes--those with a much lower gold content and those poorly made--are easy to catch. But in my experience, there are many counterfeits out their that are a very good quality and a very high gold content.
@@Dub-C_Coins Those exist too and were generally made by experts with rarer dates during the late 70s run up. Basic gold going for spot and collectible coins going for 50% or 100% premium. My friends dad had a coin shop and these coins were offered to him by out of towners regularly
Gold racked in a line reminds me of treasure chests
Are you buying any gold now?
That's a really tough question. My recent video Zen and the Art of Metals Stacking addresses my thoughts on buying gold right now:
th-cam.com/video/RCix-LqPF5E/w-d-xo.html
I just sent you my info. Thanks.
Got it! :)