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Posted

Was 69 the boom time for coins or was this a one of £7 must have been alot of money back then :o i was only 3 :D

http://www.ebay.co.uk/itm/EDWARD-VII-1902-SILVER-SHILLING-/400394517107?pt=UK_Coins_BritishMilled_RL&hash=item5d395f7a73

To put into perspective .......

I started my first job in 1970 and it paid less than £6 a week .... and I thought I was rolling in money.

In 1970, a pint cost 1/11d

In 1973, my week's rent was £4.

Posted

£7 was a lot of money in 1969. I got a job in the school holidays, on the dustbins, where £22 a week was a small fortune. But that was the height of silly money for 20thC coins. A year later, a BU 1932 penny was valued at £50, while a BU 1797 twopence was valued at £35. Crazy crazy crazy.

That particular shilling looks to have a lot of rubbing on the cheek. I'd struggle to rate it EF personally, but it may be better in hand.

Posted

The ones which caught my eye are from the August 1969 edition of Coin Monthly.

They are a BU 1958 threepence being offered by Geoffrey Young for £10.00, and an 1865 5/3 penny in BU being offered by the Mayfair Coin Co for £1000.

Both those amounts seem extraordinary, given what a pound was worth then.

Posted

It was the time when copies of "Check your change" were in most homes.

Rarer dates were sifted into the back of drawers.Hence there are so many fair H & KN's about.

Posted

It was the time when copies of "Check your change" were in most homes.

Rarer dates were sifted into the back of drawers.Hence there are so many fair H & KN's about.

Yup that's where I started

Posted

The ones which caught my eye are from the August 1969 edition of Coin Monthly.

They are a BU 1958 threepence being offered by Geoffrey Young for £10.00, and an 1865 5/3 penny in BU being offered by the Mayfair Coin Co for £1000.

Both those amounts seem extraordinary, given what a pound was worth then.

Yes. I also remember leafing through a CM from back then and someone was offering a BU 1932 and 1934 halfcrown pair for a little shy of £200. You'd probably just about get that now, but as you say - 8 weeks wages back then!

Posted

The ones which caught my eye are from the August 1969 edition of Coin Monthly.

They are a BU 1958 threepence being offered by Geoffrey Young for £10.00, and an 1865 5/3 penny in BU being offered by the Mayfair Coin Co for £1000.

Both those amounts seem extraordinary, given what a pound was worth then.

Yes. I also remember leafing through a CM from back then and someone was offering a BU 1932 and 1934 halfcrown pair for a little shy of £200. You'd probably just about get that now, but as you say - 8 weeks wages back then!

..........and yet somebody must have bought them, otherwise they'd never have commanded such high prices for the time.

I wonder where some of those coins are now. Salted away forever in private collections, probably.

Posted

The ones which caught my eye are from the August 1969 edition of Coin Monthly.

They are a BU 1958 threepence being offered by Geoffrey Young for £10.00, and an 1865 5/3 penny in BU being offered by the Mayfair Coin Co for £1000.

Both those amounts seem extraordinary, given what a pound was worth then.

Yes. I also remember leafing through a CM from back then and someone was offering a BU 1932 and 1934 halfcrown pair for a little shy of £200. You'd probably just about get that now, but as you say - 8 weeks wages back then!

..........and yet somebody must have bought them, otherwise they'd never have commanded such high prices for the time.

I wonder where some of those coins are now. Salted away forever in private collections, probably.

I remember CM had an "Auction News" section towards the back, with a list of hammer prices realised. That would, I'm sure, give the true prices that people were prepared to pay, whatever the (ever optimistic) dealers lists trumpeted.

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