Royal Mint vid on Sovereigns

Discussion in 'Sovereigns' started by jultorsk, Jul 1, 2022.

  1. jultorsk

    jultorsk Well-Known Member Silver Stacker

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    Good weekend watch.

    "Regular sovereign production in Britain had ceased well before the end of the Second World War but, even though the coin had disappeared from active circulation in the UK, it had maintained its reputation around the globe as a trusted and reliable bullion coin. This was particularly the case in the Middle East and the Balkans, and throughout the war the sovereign had played a significant role in supporting Allied operations. As one conflict drew to a close in 1945, another shadow war between East and West began to take shape. Preventing war-torn countries from seeking answers in communism was vital for the Western powers and, as countries like Greece teethed on the verge of economic collapse, Britain inadvertently found itself in a position where it was trying to support an international gold coinage that was no longer in use in the UK. Supplies of sovereigns were not inexhaustible, but its usefulness as a payment of last resort had been proved beyond doubt and more were needed. As international tensions grew around the world, the Royal Mint once again began striking sovereigns."

     
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  2. Oddjob

    Oddjob Well-Known Member Silver Stacker

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    I watched this last night....If you like, buy / sell, collect or just interested in some more history on the sov...then this vid is worth the watch.
     
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