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copper123

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Posts posted by copper123

  5. Posted

    A few viking hoards have been found and most have contained silver ingots so it is very probable these were their prefered method of exchange .

    They might have had little use for coins themselves as silver ingots would be easier to transport and take back with them - probably the ingots were made in the uk out of coins and any other valueables they might have picked up .

    Also silver is really heavy and the only metal close to it is lead which would be to soft to pass off as silver with any sort of ease , silver being very shiny and lead tarnishing so fast.

  12. Posted

    Another date that comes up frequently at least for sixpences is 1758, a decent hoard of high grade examples was found in a vault somewhere years ago and dispersed into the market.

    1787 also saw the coinage of a decent amount of gold for a change - nice because I have a guinea from that year.

    I think it's also due to the fact they kept on minting them (and shillings) for years, the same is probably true for 1754 copper.

    1754 farthings were minted for at least a couple of years after that date - exactly like 1967 pennies

  17. Posted · Edited by copper123

    Is not "A bank passing on a new currency to its customers " called putting a new issue into circulation these days - surely a bank has no say in what happens to money it has just given out to a customer - they do with it as they wish

  18. Posted

    I suspect the reason was because ,even though they were produced in large numbers, they were hoarded - GB plc was in real trouble at the time france looked in real danger of either passing their revolution to the UK or later on with invasion from napoleon. The american colonies were lost so a pottentally a large source of tax income was no more.

    And finally the king was behaving very strangely

    A lot of the coins in circulation were old and very worn (how often have you seen William III silver with no clear dates).

    The old addage of bad money drives out good , rang true here with everyone in the country trying to get hold of these coins of good weight and high silver content and salting them away under beds etc , just in case the worst happened.

  19. Posted

    I strongly suspect that many crowns dated 1935 and 1937 did circulate for short times .

    Often kept as pocket pieces these silver crowns would stop in someones pocket as a "good luck" charm.

    Probably till the owner maybe needed the money for train fare to work , or even food , he would reluctantly spend it (no credit cards til the mid sixties).

    My grandfather told me he had a gold sov till the mid 1930s as a pocket piece but it got spent on a train fare to work as he had no spare cash one day just b4 pay day.

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