Jump to content
British Coin Forum - Predecimal.com

50 Years of RotographicCoinpublications.com A Rotographic Imprint. Price guide reference book publishers since 1959. Lots of books on coins, banknotes and medals. Please visit and like Coin Publications on Facebook for offers and updates.

Coin Publications on Facebook

   Rotographic    

The current range of books. Click the image above to see them on Amazon (printed and Kindle format). More info on coinpublications.com

predecimal.comPredecimal.com. One of the most popular websites on British pre-decimal coins, with hundreds of coins for sale, advice for beginners and interesting information.

Sign in to follow this  
josie

Gold currency.

Recommended Posts

Yes,It has something to do with coins.

Dont know about electronic gold.

From precious metal nuggets to silver and gold piece currency to gold bar with mark to jeweries with mark to silver and gold piece with die stamp of the goverment(coins).

From sol to offa silver penny to some agreement in the 1940s.

Share this post


Link to post
Share on other sites

Just posting.

http://hken.ibtimes.com/articles/123098/20110316/utah-governor-to-decide-whether-gold-silver-coins-are-legal-currency.htm

There are many write up in the web about returning to silver and gold coin currency.

Other mention that in the past that the ratio of gold and silver is1:15 to 1:73 now in the past silver is correlated to the value of gold,gold and silver currency and both are correlated to product in the past.

Silver coin can have a value above its intrinsic value 10%?? or *10 in coin or 14percent or 14 times its value during roman times,dont know what is the value in sceatta and thrymsa on post roman.

That the past silver coin to be used,in case other will follow,it meant that silver troy ounce,value in dollar or other currencies should be multiplied by 73 if coined as a currency not as a bullion or bar stamp by its purity by die stamp by previous government,they have entirely different marking or stamp the other is by its purity,others by design like jewelries and coin die stamp by the government in the past to be use as a legal tender in payment for debt,if they will allow to that ratio of 73 if not it meant that even die stamp by government it is only value as a bullion bar or notch higher than a raw purified silver come out from the mine,just a comment.

Share this post


Link to post
Share on other sites

The problem is though, no one knows how much gold is in Fort Knox. It hasn't been audited for decades, for all we know there isn't much of it left. Since all calls for an audit of Fort Knox (along with the Federal Reserve) have been laughed at, it is quite possible that the US government secretly sold some of its gold.

Share this post


Link to post
Share on other sites

The problem is though, no one knows how much gold is in Fort Knox. It hasn't been audited for decades, for all we know there isn't much of it left. Since all calls for an audit of Fort Knox (along with the Federal Reserve) have been laughed at, it is quite possible that the US government secretly sold some of its gold.

Yes.

Same as others whose currencies is one of the major world currency reserve,US dollar,UK pound etc.

Gold reserve by central banks of the world is not same when currencies is a world currency.

It is between gold reserve, central banks,mint,and financial institution and also government.

Just a comment.

Edited by josie

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

×