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High Relief Gold Eagle received

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  • sumnomsumnom Posts: 5,963 ✭✭✭
    I know one old-timer that considers Proof coins to be giftware, and not coins.

    Oh, I like this. This captures my attitude exactly!
  • Just like the good ole' days!!! image
    Terry

    eBay Store

    DPOTD Jan 2005, Meet the Darksiders
  • well, it looks like I missed out on a war! As an aside, I recently purchased 3 x 0.5 ounce pandas, and found them to be quite attractive. For the record, I have added them to my World coin set...coin set
  • sumnomsumnom Posts: 5,963 ✭✭✭


    << <i>well, it looks like I missed out on a war! As an aside, I recently purchased 3 x 0.5 ounce pandas, and found them to be quite attractive. For the record, I have added them to my World coin set...coin set >>



    If pandas are coins, why refer to them by their weights instead of their denominations? image


  • << <i>

    << <i>well, it looks like I missed out on a war! As an aside, I recently purchased 3 x 0.5 ounce pandas, and found them to be quite attractive. For the record, I have added them to my World coin set...coin set >>



    If pandas are coins, why refer to them by their weights instead of their denominations? image >>



    it was deliberate...I referred to their weights, and mentioned that they went into my coin set. image IMO they are bullion coins image

    anyway, not to stir the pot too much, but it's my understanding that most gold coins never really circulated much. For example, my understanding is that sovereigns tended to be used by governments to settle accounts...as opposed to being used by citizens to purchase things. Am I wrong?
  • sumnomsumnom Posts: 5,963 ✭✭✭
    I don't think you are but I don't know so much so I wouldn't listen too carefully to me. image



  • << <i>I don't think you are but I don't know so much so I wouldn't listen too carefully to me. image >>



    and I don't take my thoughts too seriously either, so feel free to ignore anything I say!image
  • SYRACUSIANSYRACUSIAN Posts: 6,473 ✭✭✭✭


    << <i>

    anyway, not to stir the pot too much, but it's my understanding that most gold coins never really circulated much. For example, my understanding is that sovereigns tended to be used by governments to settle accounts...as opposed to being used by citizens to purchase things. Am I wrong? >>





    I wouldn't say wrong doc, but sovereigns circulated a lot among citizens, both as a way to store personal wealth and for larger transactions, such as the purchase of a car or a house, up until the mid-late 50s.

    There's an old b/w Greek comedy, where a landlady rents rooms to several bachelors, but there's a rumour that there are hidden gold sovereigns in the house. Soon the house is full of optimistic treasure hunters, to the extent that yet another wants to rent a room, but there's none left, so he rents... air, air to breathe in the house and consequently spend time in it. That latter, plays a character who is a building contractor,who after looking at the usual spots without finding any sign of the treasure, he decides to tear down almost entire rooms such as the kitchen, which he later rebuilds, and the prices that he pays are in gold sovereigns. A memorable movie for collectors and not... image
    Dimitri



    myEbay



    DPOTD 3


  • << <i>

    << <i>

    anyway, not to stir the pot too much, but it's my understanding that most gold coins never really circulated much. For example, my understanding is that sovereigns tended to be used by governments to settle accounts...as opposed to being used by citizens to purchase things. Am I wrong? >>





    I wouldn't say wrong doc, but sovereigns circulated a lot among citizens, both as a way to store personal wealth and for larger transactions, such as the purchase of a car or a house, up until the mid-late 50s.

    There's an old b/w Greek comedy, where a landlady rents rooms to several bachelors, but there's a rumour that there are hidden gold sovereigns in the house. Soon the house is full of optimistic treasure hunters, to the extent that yet another wants to rent a room, but there's none left, so he rents... air, air to breathe in the house and consequently spend time in it. That latter, plays a character who is a building contractor,who after looking at the usual spots without finding any sign of the treasure, he decides to tear down almost entire rooms such as the kitchen, which he later rebuilds, and the prices that he pays are in gold sovereigns. A memorable movie for collectors and not... image >>



    thanks for the response. In Canada sovereigns were minted, as were $5 and $10 gold coins. Here, at least, they didn't circulate much amongst regular people, and seemed to mainly be used for government and large corporation's business...as far as I know.

    As an aside, would the sovereigns which are minted today be considered coins or solely bullion? BTW, I like my bullion coins, and am happy to keep them in my world coin set! image


  • To me a coin is something that has been in, or was intended for, circulation as an exchange medium in commerce

    So for me: medals, proofs, pandas etc are not coins, ditto quite of the lot of the copper condor tokens that were minted solely for collectors

    I collect mainly circulated copper & bronze, no gold or silver, but I do have some bronze proofs just because they are pretty, and a hobby is for pleasure!

    image

    David
  • sumnomsumnom Posts: 5,963 ✭✭✭


    << <i>To me a coin is something that has been in, or was intended for, circulation as an exchange medium in commerce

    So for me: medals, proofs, pandas etc are not coins, ditto quite of the lot of the copper condor tokens that were minted solely for collectors

    I collect mainly circulated copper & bronze, no gold or silver, but I do have some bronze proofs just because they are pretty, and a hobby is for pleasure!

    image

    David >>



    Tell like is is, Brother! I am glad to see there are more people like me. I thought I was alone but clearly I am not.
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