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Introduction to Silver Forum


Brian01

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Hi All

By way of introduction to the Silver Forum:-

I started collecting gold coins some years ago after my nephew, who is a stockbroker, said to me one day “Hi Uncle, I no longer have any confidence in the markets, why not join me and collect gold coins .... what about Guineas?” 
 

I built up a reasonable collection of Guineas including a few ‘Terner’ Guineas ... some of them were the ‘best known’. I sold these a few years ago through Heritage Auctions Dallas to help my son after his divorce at that time.
 

Earlier this year I decided to rekindle my interest in gold coins and rather than collect Guineas I decided to collect Sovereigns but which ones? For the right or wrong reasons I decided to collect George V Commonwealth Sovereigns minted by the 6 Commonwealth Mints of Pretoria, Ottawa, Delhi, Sydney, Melbourne and Perth and also some choice Sovereigns minted by the London Mint.
 

Steve Hill of Sovereigns Rarities kindly introduced me to Eric Eigner of Drake Sterling, Sydney, Australia who specialises in PCGS slabbed coins and between Drake Sterling, Heritage Auctions  Dallas (Caranett Collection) and other coin dealers from around the world I build up a collection of PCGS slabbed George V Commonwealth Sovereigns. Eric suggested putting the sovereigns in the PCGS Set Registry under ‘British Commonwealth Sovereigns George V Date Set, Circulation Strikes (1911-1932)’

I chose the name Guineapig and much to my amazement the collection is now No 2 All-Time Finest (All Eras) with an average PCGS grading for the 22 Sovereigns of MS 64.636 ... I am indebted to Eric for searching out and making these highly rated coins available to me. Well worth a visit on his website www.drakesterling.com if you are interested in sovereigns. In addition to the coins for sale under the heading News Wire you will find Eric’s article ‘Sovereign rarities from George V from top to bottom‘ which covers the rarity of all 83 coins produced by the Commonwealth Mints in George V’s reign. He has also just finished rating Edward VII sovereigns.
 

I have been encouraged in my collecting by Auda Abu Tayeh of the Howeitat who exclaimed ‘SHOW ME THE GOLD’ ..... in sheer desperation as he rifles through a chest full of paper money in Acaba, which he throws into the air screaming paper, paper, paper! .... Lawrence had promised him payment in gold when they captured Acaba but discovers only chests full of paper currency ... whereupon Lawrence promises him 5,000 golden Guineas (meaning of course Sovereigns!). The sovereigns, the very thing so desperately wanted by Auda Abu Tayeh of the Howeitat, soon vanished like sand hills in a desert storm, and so would the world it financed. Due to the ravages of war and the Great Depression if the 1930’s, gold coins disappeared as an everyday medium of exchange throughout the world. The sovereigns were used to settle huge debts to the US and most sovereigns of the period were melted down into gold bars .....’Thus’  producing ‘rarities’ in the form of Gold Sovereigns. 
 

Enjoy collecting ... ‘It’s about the chase!’

Best wishes

Guineapig 

 

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