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Caratacus
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Posts posted by Caratacus
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Whatever the outcome of Brexit, world recession is on its way (it's cyclical) and the EU experiment is going to struggle to survive when so many states owe so much to so many more....
Protect assets, diversify, to ensure money outlives currency
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21 hours ago, MickB said:
Today my silver Brexit themed medal from @SilverStan arrived. Great piece of work.
I think we all feel just the same today as HM after Parliaments shinnanigans.......
Maybe HM should sack the lot and just take up the reigns as she would do a better job..........
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1 hour ago, Seasider said:
One of my favourite coins (that I don't own) is the 1804 5 shilling Bank of England token. It has a legend on one side saying Five Shillings : Dollar. Picture borrowed from Chards.
What a classy looking "coin" - (I guess it has a legal value); although Britannia has certainly improved her looks recently - she looks a bit worn out here which I can only put down to the French who were up to their usual tricks at the time.
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50 minutes ago, Seasider said:
and all the old folk kept complaining that we was being robbed as a result. Of course old pennies were worth something in those days.
5 minutes ago, argentmajor said:And to think my Nan used to complain that the new decimal system was confusing!
As Seasider said, everyone thought they were being robbed as the shops "rounded up" which resulted in inflation and it really did confuse people.... LSD (Libra, solidus, denarius) had basically been around since the Romans.... Lets hope we never "Eurolies" our currency...........
- argentmajor and Spanishsilver
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20 minutes ago, Seasider said:
and all the old folk kept complaining that we was being robbed as a result. Of course old pennies were worth something in those days.
42 minutes ago, Blockhead said:Being born in the eighties I have learnt some of these but there were many I didn't know. You say Bob but that is slang for shilling just to confuse things. Why was there an amount called 'dollar' when it's pounds sterling? Why a 'tanner' which sounds far too similar to the much much greater amount of a 'tenner'?
Don't forget 21 shillings was a Guinea...
My dad said some of the more posh and expensive shops used to just display the price without saying if it was in pounds or guineas. Apparently if you had to ask you couldn't afford it. Don't know if there's any truth in that?
I believe a silver dollar or silver crown (5 bob/shillings) were a similar value in silver at some point.
Just did a quick search and ... The V.A. miuseum refers to the medallist John Sigismund Tanner (d. 1775) origin German; came to England in 1728, soon after was appointed as an engraver at the Royal Mint. Became Chief Engraver in 1741. Apparently the sixpence he designed for George II popularly gained his name". Never knew that.
People still referred to Guineas post decimalization particularly as you allude to for luxury clothing
- augur and Spanishsilver
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5 hours ago, Spanishsilver said:
The one thing you have to remember about these coins was to work in the duo-decimal system so even the lowest of the low shop assistant had to be pretty numerate.
If you had to add say 5 items at 7s4d & 3 farthing together you really had to have your wits about you.
[If you didn't know there were : 20 bobs to the pound; or 10 florins; or 4 dollars; or 8 half crowns; or 40 tanners; or 240 coppers (or if your really old bun pennies!); 480 'appneys; or 960 farthings; oooooh and 80 threepence. And if you were at school at the time of the change over you had to learn the decimal translation which was'nt a direct translation - so 12 coppers became 5 np and 4d and 5d 2np. Lucky they had fingers and slide rules.... ]
The Churchill crown is a super bit of history (he would have sorted Brexit); but I don't think there was any silver in general circulation coinage post 1947.
Sorry no idea about values.... but I can guess... still quite a nice little presentation to pass down multiple generations ........
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8 minutes ago, StackSellRepeat said:
What’s the oldest .999 coin you have seen?
matter in fact when was the first recorded .999 fine silver coin ever minted or are their no records as I can’t find any info on this???
I guess you are talking earlier than pre debasement denarius , maybe earlier than Greek didrachm when they were literally silver coins , though I guess purity was variable due to manufacturing techniques. I expect looking at Archaelogical analysis of ancient Fine silver coins might help? I guess in the UK an early King Offa silver penny. I am sure there is someone on the Forum who has an early Denarius as they were fairly common... once...
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On 16/03/2019 at 12:26, StackSellRepeat said:
Recent new pick up with some amazing history
So we see a hell load of bank related bars & occasionally coins from North America & almost never from the U.K, Ladies & Gents I present to you my new beloved addition to my collection .......
Beautiful patina edge semi reeded, with Samuel Montagu stamped very clearly.
Some history; (wiki copy & paste)
Samuel Montagu & Co. was a British merchant bank founded by Samuel Montagu in 1853.
Set up as a bullion broking business, it aimed to make money from the Australian gold rush by brokering deals between sellers and buyers. From 1911 onwards, it became part of the group of companies which formed the London bullion market.[1]
After the death of founder Samuel Montagu, the bank passed into the ownership of the family trust, Montagu Trust. In 1967, the Midland Bank acquired a share in Montagu Trust, and so became the first British clearing bank to control a London merchant bank. Samuel Montagu & Co. became a wholly owned subsidiary in 1974,[2] and on completion of the acquisition Midland also gained a majority share in Guyerzeller Bank AG in Switzerland. Michael Samuel Rosenberg was Director of Corporate Finance for Samuel Montagu & Co. Ltd., from 1972 to 1974[3] [2]
Samuel Montagu's chairman in 1977 was Philip Shelbourne, who owned a terrier named Montagu, which would travel with him in the back seat of his chauffeur-driven Mercedes. Shelbourne, a trained barrister, had been the first outside director of NM Rothschild, before joining the Drayton Corporation, a manager of investment trusts. Its founder, Harley Drayton, was a well-known City buccaneer. Drayton was later absorbed by Samuel Montagu, to form the merchant bank's investment management subsidiary, Drayton Montagu Portfolio Management. In 1977 its managing director was David, now Lord, Stevens.
Today, Samuel Montagu & Co. forms part of the private banking service of HSBC. The name was last used by HSBC in 2000. In 2003, HSBC spun off its private equity business, which took the name Montagu Private Equity.[4]
besides the above I was told the following;
Hello Yas, I can't tell you date of mintage but i'd guess 1980's or 1990's. You won't find it in any of those guide's you mention as its a Pure Bullion coin.
Samuel Montagu is a Big Player in Gold & Silver Bullion Investment items, they were established in 1853 in London and are Hugely involved in Big Business today....HSBC Bank, Hong Kong Markets amongst many others.
Lot more info online, But can’t really find another example of the coin or information regarding mintage which would be a big help. If anyone has any info that would be music to my ears 👍
Many Thanks
Thanks for sharing such a fabulous bit of English Banking history. It has the look of one of those old 18/19thCentury Tokens about it and I wonder if its older than the estimate; particularly as it has "Co" and not "Ltd" on it. You could so easily miss this in a rummage....
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Then there's another Feb Order - the "variable" thickness Queens Beast 10oz Unicorn....? maybe my imagination? has anyone actually weighed one or checked the thickness's (plural)?
Its still a very attractive creature. but if they had only matted the engraving of the Unicorn like Valiants horse and it would have given it depth and it would be outstanding ..
- GrahamDiamond, Zhorro, Lr103 and 11 others
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Part of the Feb Order I am so pleased to have bought this "Valiant"......
All I need now is for the RM to produce an Ivanhoe, Lochinvar and Sir William Marshal (greatest Knight ever) and I will be very, very happy.
Just look at the way this finish on the horse stands out at the right angle and the detail of the bridle, not to mention the Dragons chest scales.
It's a shame they didn't use one of the queens younger "Princess" images to romanticise it........
(What a shame the plastic case scratches so easily)
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Please no more....I know I just want some of these fabulous Maples ........and then there's the threat of a March Group Order... decisions decisions....!!!
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7 hours ago, JBstacker3181 said:
I believe it is the official "Canada 150" anniversary logo - I think this is one of the best of the marks - a good buy
Canada had consisted of seperate states which were all brought together into a single country and 2017 was the 150th anniversary of that unification
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Such a quandary. If the "Big B" is resolved.
Like to see the Dollar at 60np again (2015) & the Euro back at 70np (only 4yrs ago!) but its going to knock the value of Au/Ag/Pt really hard!!! But it will make a great opportunity to buy some interesting coins
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- CoinStruck, augur, JunkBond and 9 others
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41 minutes ago, KDave said:
Chris A is a genius, that is an interesting gold/yen indicator; predicted downside 5 times in a row over past 8 years. Minimum downside $130.
My thoughts - is it related to the trend. Are we still in a down trend, and either way does the indicator stop working with a trend change or does it overlap. Does it go back further, perhaps back to previous bull.
There are some other general market characteristics which did not exist 8 years ago in combination. US QE occurred and now there is US QT. The EU & Japan are still involved in QE.; and then there is the extra-ordinary US Debt and Global debt. There is buoyancy in the US stocks due to stock buybacks artificially lifting yields as the debt to revenue ratio rises. Sustained low interests as Libor rates rise. Escalating conflict between India & Pakistan? There are so many stretched factors.
It will be interesting to see how the combination of economic extremes affects economic predictions
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Today I Received.....
in General Precious Metals
Posted
Fabulous looking. What a great addition. I love the detail