I like to see some member's pictures. Love to have one of these Antique 9ct Gold Sovereign Double Coin Case
The Sovereign must have been one hell of a coin back in the olden days. Said something about the owner to walk about with a few in his pocket readily available. OC
Nice to see you back on board. Fond memories of your lawn mowing your European estate. I mean this in the kindest way and await your journey to Tasmania. good luck with your request...................
First I had to buy a new tractor though. [imgz=http://forums.silverstackers.com/uploads/44_imag0507.jpg][/imgz]
Nice coin case, they also made them in silver as a fob type case similar shape to a pocket watch, very nice they are too as well as fetching a pretty penny besides well above spot for the silver/gold content. You should get a few, very handy for liquidity as everyone knows a sovereign, least they do in the uk and they are easy to hide too being so small. Snatched a sellers hand off when I found a 2014 proof Sovereign today very very cheap, they still 390 at the royal mint in the same case, same year!! E2A: Try looking here: http://www.goldsovereigns.co.uk/datesexist.html for info on what to pay though I would say any genuine coin in half decent condition near spot price you would do ok to buy if the spot price isn't silly.
Take your pick! https://www.google.com.au/search?q=...ekkQW454HADw&ved=0CAkQ_AUoAQ&biw=1536&bih=652 OC
"The more expensive coin cases were lined with a felt or cloth and often made from brass, silver or gold. A cheaper method of manufacture was to use mixed elements, then silver plating or enamelling for presentation purposes. The Coin Cases were often ornately embossed or engraved with names or dates. In the case of a "Gentleman" he would usually wear in or on his vest, a coin case, a pocket watch and a cigar cutter. Many of the male accessories were made of precious metals, and worn by the gentry as a sign of wealth, position and power. In contrast, in more modern Australia we have gone through several currency transitions." https://open.abc.net.au/projects/ob...ons/-1880-s-half-sovereign-coin-cases-36cz0jm
Gold was $21 an ounce in 1887, and i would guess that that would have been 2 or 3 weeks wages, maybe even more. OC
US$18.92 which i would guess as 2 to 3 weeks wages. http://www.google.com.au/url?sa=t&r...cPaso-1vIrWnuBRAg&sig2=SBFFzGNicra8FvqXDSSHmA OC
byron, From my family history research i know that an 'Indentured servant' was bought out to Australia in the mid 1800s, to work as farm labourers and house servants, and they were paid from 25 to 35 Pounds a year. I cannot give you any exchange rates etc, but in 1850 the price of gold was US$21. **I THINK** the USD was at about 4 to the Pound Sterling, so that means a years wages were 100 to 140 US dollars a year - 2 to3 dollars a week. So on that reasoning an ounce of Gold was worth about 7 weeks wages. Pure guesswork. OC
PS, I started work in 1955 at the princely sum of 350 POUNDS a year! ($700). Gold was $35 an ounce. Thus I was paid the equivalent of 20 ounces of Gold a year. One ounce every 2.5 weeks. OC
At the time when William Wyon's design was introduced, the nation was in its infancy. Australia had a growing gold mining industry, a land boom was in progress, the future looked bright for the fledgling nation. Needless to say, a sovereign during this period had a high value indeed, accounting for at least half a week's wages for the average man. http://www.cruzis-coins.com/sovs/1887s.html
Funnily enough a GBP 21,500 Gross PA salary nets you about 21.5 ounce of gold after tax etc at the current rate in the uk. Funny how some things never change. Average wage in UK is stated at 27k PA yet most in the UK feel this figure is distorted due to high wages in the capital, however most middle management jobs across the UK will gross about 27k+ if you have a half decent degree or experience in a useful subject/trade/industry. Back on topic: Those sovereign cases are definitely on my radar when I scavenge the local junk/flea markets etc, amazing what you can find sometimes if you just keep an eye open, considering they go for a tidy price on the bay there's some money to be made on resale if you can find them at the right price in good condition.
