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Sword

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Posts posted by Sword

  2. Posted

    When I first started collecting coins as a teenager, I particularly liked my USA proof set. Out of sentiments, I have just brought a 1992 silver proof set on eBay. I am a little surprised that the older proof sets are so unloved and my cost me £14.50 + postage. Is the excessively high mintage (well over a million) the only reason for the lack of desirability? The designs are generally rather nice. 

    1.jpg.c2ebcd30898720ac0506764dbc55e1ac.jpg

    • Like 1

  3. Posted

    Did they actually take over Peter Nichol's business or just the name? If the later, I don't feel that strongly about it.

    It's a bit sad less and less people train to be craftsmen these days and opt for more lucrative jobs. Certain crafts will unfortunately die out with time. But I think the demand for coin cabinets will enable at least one or two to make a decent living? Surely there must still be quite a few cabinet makers around?

  4. Posted

    On 8/26/2023 at 6:07 AM, Mr T said:

    This got a mention in the last issue of Coin News I think but there were no pictures.

    I don't normally keep track of decimal stuff but it looks like a 2022 five pound was struck with a two pound obverse. Only one known so far.

    I wonder how many were actually made. If they discovered the error after a test, then surely only a few examples would exist and I find it hard to believe that any would have escaped. 

    Maybe the RM should be sporting and allow unintentional errors to be released to generate a bit of excitement?

    • Like 1

  5. Posted

    I honestly think it looks rather nice. The face details are clear and the shield is well struck. Interesting N over I which you pointed out. It certainly wouldn't have been a freebie if it wasn't for the gash at the reverse! I wouldn't look a gift horse in the mouth.

    • Like 1

  9. Posted

    On a different note, I hope that independent retailers will grow in any High Street revival. The give so much more character and soul to a town. I was sad to see Hanningtons, a very large independent departmental store in my home town of Brighton closed in 2001 after nearly 200 years of trading. https://en.wikipedia.org/wiki/Hanningtons. Boswells of Oxford (first traded in 1738) sadly closed during the COVID pandemic. 

     

    • Like 1

  11. Posted

    13 hours ago, Kipster said:

    The whole issue of paying with cash will become obsolete with the generations that follow us, in the same way that music tapes, betamax videos and polaroid cameras did. I was behind a bloke in B & Q the other day and saw him pay for his stuff with his watch. I couldn't believe it, but it'll be second nature to kids that are weened on ipads and mobile apps. Cash money will die eventually with the generations that used.

    Quite. Technology is almost second nature to the young. I have thought about putting cards on my phone so that I don't need to worry about carrying a wallet when exercising but just don't feel comfortable enough to do that in the end. A relative has suggested that I get a smart watch which can do a great number of things like paying and health management but I don't want trade my (vintage look) classic watch (which I am proud of) for a bit of plastic. 

    I imagine that cash transactions might not last beyond two more generations. 

  12. Posted

    I visited a noodle house recently and they were cash only. Haven't had that experience for as long as I can remember. I am old fashioned and always carry some notes with me and so it wasn't a problem. 

    It's unlikely that we will become completely cashless during our lifetimes. But I do think there are financial benefits to larger shops and supermarkets when people pay contactless. You need just one staff to look after a dozen self-checkouts (which are much more reliable with cards). People pay much faster and so queues are shorter.  They don't need to count money at the end of the day and take cash to banks etc. True, banks do charge a fee and are making a lot of money that way. However, they can find other ways to keep up their profit margins if necessary like giving lower interest rates for savings, account fees etc. 

    For departmental stores, the fees are priced in already and you don't get a discount if you pay cash. So people pay by the most convenient way. I reckon I now pay for more than 80% of the things I buy online as I have supermarket deliveries. Even if I buy a piece of electric in a shop (if I don't want to wait for delivery), paying by credit card gives extra protection, extended warranty, etc.

    Evolution will happen naturally in its own timescale and cash will hopefully still be around for a long time. According to the Bank of England, there is over £70 billion in notes in circulation. They are claiming that it is only relatively recently (2017) that "debit cards overtook cash as the most frequently used payment method in the UK." I think that includes credit cards as well. (Most frequently used payment method is also not the same as the actual amount spent).

    But buying on Ebay or Amazon when the seller is selling cheaper on their own site is a bit silly. It's a bit like paying an extra 3% commission to placing an absentee bid with a platform when you can do that directly without fee directly with the auctioneer. 

  15. Posted

    2 hours ago, Patrick2023 said:

    What has your experience with the cabinet been like? I think they are the best way to display proof coins yet I always fear the coin will slide around. 

    I think it depends on how careful you are. People have been using cabinets for a long time before slabs, quadrums, capsules were available and so I assume they must be fine if you are not careless. 

    Like Non, I use quadrums. There is the quadrum intercept claims to protect coins from tarnishing for up to 15 years.

    • Like 1

  16. Posted

    41 minutes ago, Paddy said:

    A belated reply. I can't help with Col Leigh, however the coin is not at all scarce. A couple of years ago I bought a job lot at an auction of over 100 of these early Indian sub-continent coins for very little money. I suspect in the modern age of metal detectors they are turning up in huge numbers in India. They were low value when they were made and have remained that way!

     

    Welcome back Paddy! Great to have you back.

    • Like 1

  20. Posted

    On 7/11/2023 at 2:13 AM, BottleCapDave said:

    https://www.whsmith.co.uk/products/english-silver-coinage-original-30th-anniversary-revised-platinum-edition-newly-illustrated-througho/p-alan-rayner/hardback/9781912667765.html

    Eh? First I have heard of this revision/update. It's not one of the Maurice Bull revisions and is not listed on spinkbooks.com

    There are discounts available. E.g. https://www.pen-and-sword.co.uk/English-Silver-Coinage-Original-Hardback/p/23844

    But it's a bit of a rip off to me. The ESC (Maurice Bull) has already got to 7th edition. Is that really necessary to have new editions so frequently?

    Then this is the smarten up version of the 1992 "original" Rayner's fourth edition. It has been extended to include coins from 1992 to 2022, like if anyone cares. Then it still uses the Seaby's original numbering but we have moved on to the new Bull's numbering.

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