Options
First gold coin!
ASUtodd
Posts: 1,312 ✭✭
Ok guys....I broke down and bought my first ever gold coin.... Now I know a lot of you subscribe to the philosophy of save your money and buy the best... well... I wanted a gold piece and I like Newfies so I got this one. I got a good deal on it since it obviously is worth bullion only. Paid under BV for it so I'm HAPPY!!!
0
Comments
Completely OT, maybe I'm just in a silly mood, but I chuckle every time I hear the name Newfoundland.. just sounds silly. Which reminds me of this funny sketch on silly British place names
My wantlist & references
Be sure to see the one on the news (followed by the alien invasion) and the farmer and horse... ah, just waste your time with 'em, well worth it
This one too.
My wantlist & references
<< <i>Ok guys....I broke down and bought my first ever gold coin.... Now I know a lot of you subscribe to the philosophy of save your money and buy the best... well... I wanted a gold piece and I like Newfies so I got this one. I got a good deal on it since it obviously is worth bullion only. Paid under BV for it so I'm HAPPY!!!
Todd,
That's a bugger about the reverse.Still,it is an extremely scarce series to get represented.
Aidan.
FOR SALE Items
<< <i>Gold is good
Especially when it is British Commonwealth gold coins
Aidan.
Hmm someone has the gold bug....!
The neat thing about those Newfie gold reverses is the triple denomination: 200 Cents, 2 Dollars, 100 Pence.
Wonderful pickup for below melt.
My wantlist & references
At bv- great buy
Experience the World through Numismatics...it's more than you can imagine.
<< <i>i find the flaw on the reverse interesting. cool coin. >>
It appears to have been used as jewelery, with the soldered pin now removed. Bullion is bullion, and nice bullion at a good price is even better. Nice pick-up.
Todd
When the Newfoundland dollar was devalued in 1895 to match the Canadian dollar, the coin was worth 202.8 cents, 2.028 dollars, 100 pence. Now, you know why the $2 coin series came to an end.
At least it was still worth more than the Nova Scotia dollar of 1860-1871 (4 years after Confederation!) which was set at 48 pence per dollar.
<< <i><<The neat thing about those Newfie gold reverses is the triple denomination: 200 Cents, 2 Dollars, 100 Pence.>>
When the Newfoundland dollar was devalued in 1995 to match the Canadian dollar, the coin was worth 202.8 cents, 2.028 dollars, 100 pence. Now, you know why the series came to an end.
At least it was still worth more than the Nova Scotia dollar of 1860-1871 (4 years after Confederation!) which was set at 48 pence per dollar. >>
Herb,
The Newfoundland Dollar was actually withdrawn from circulation in 1949.The Nova Scotian Dollar was withdrawn from circulation in 1867,so any Nova Scotian notes issued after the 1st. of July 1867 are denominated in Canadian Dollars,not Nova Scotian Dollars!
Aidan.
Interestingly, although Dominion notes
became redeemable in Halifax in 1868, Nova
Scotia retained its own currency until April 1871,
when the Dominion government passed the
Uniform Currency Act.43 At that time, Nova
Scotian currency, which was still rooted in the old
Halifax rating, was converted into Canadian
currency at a rate of 75 Nova Scotian cents to
73 Canadian cents.44
I had the wrong date for the Newfoundland dollar devaluation in my previous post. It was 1895 not 1995.
A similiar situation exists in China today with Hong Kong and surprisingly Macao driving on the left.
8 Reales Madness Collection
<< <i>
<< <i>i find the flaw on the reverse interesting. cool coin. >>
It appears to have been used as jewelery, with the soldered pin now removed. Bullion is bullion, and nice bullion at a good price is even better. Nice pick-up. >>
bling in the days of old.