Tag Archives: gold coins

Gold!

Is it really that time already? Friday night, another week over and time to make the sandwiches for tomorrow. It’s tuna tomorrow. More healthy fish.

We packed up a little early so the owner could get home and do some computer bidding on the Ellerby hoard. You may have seen the news report that was on the news. Julia has just been through to tell me it has been on. Here is a copy of the sale catalogue. It was a pot of gold coins from  merchant family that had lived in a house in the eighteenth century – they came to light a few years ago during renovations of the kitchen floor.

We have “14 gold guineas” coming into the shop tomorrow. if you read the Ellerby story the expert from Spinks refers to his expectation that the hoard was going to be brass tokens. I’m sure that’s what ours are going to be. A number of retailers in Victorian times made tokens that looked like old guineas and we often get them brought in as gold. We will just have to see.

There was a cloud burst of surprising violence this afternoon, though they always sound like that when you work under a flat roof. It was about as bad as the one that soaked us yesterday. This seems to be the motif of the moment. Consequently there were lots of leaves in the gutters on the way home, and lots of pedestrians being soaked by passing cars. I was careful and didn’t splash anyone, so my conscience is clear. I had to laugh at one lot. They were using our forecourt and blocking our exit when we left the shop. As they sorted themselves out a car went past on the main road, hit some standing water and soaked them. It wouldn’t have happened if they had not been badly parked and I’m afraid I did let out a small triumphal “Yesssss!” as it happened.

The Haibun Journal arrived today. I’m not in it, so I had to try not to be too critical as I went through it. It is, as usual, very good, and my writing hasn’t been up to scratch recently, so I can’t complain. However, it is starting to get like a few other journals – same group of writers, same trend towards snappy verse. One of the problems is that the editor is a great writer of haibun but he never uses his own work. This is in contrast to American journals where editors and volunteer helpers always get one of their pieces included automatically. This was a surprise to me when I first saw it, and  still seems strangely immodest.

One Third Guinea George III

The header picture is a George I coin, but I’m not sure now if it is a Guinea or a half or quarter Guinea. A Guinea is 21 shillings, or £1.05. It was supposed to be a con of 20s but the gold from west Africa was purer than other sources, and the gold value fluctuated, so the coin’s value was  varied  but was eventually fixed at 21s. Race horses are still auctioned in Guineas.

It rained last night. The weather forecast said it would happen at 2am. It was actually 1.57am when the first thunderclap occurred. This quite impressive, particularly when you think that some recent forecasts have been completely wrong and the forecast rain has failed to arrive several times.

That paragraph is as far as I got before falling asleep. I rose, made sandwiches and remembered I still had to write a post. At that point I managed to wipe the entire thing out. I say “entire thing” –  it was just the opening paragraph. When you have nothing to say, even a banal paragraph on the weather seems hard won.

We had a strange happening today. A customer who had made an appointment to travel 90 miles to see us didn’t appear. Eventually he rang to tell us his car was playing up and make a new appointment for Saturday.

At 3.40, as we were getting ready to leave, he arrived, having had his car fixed. We were just closing things down, the owner had gone, and we weren’t really geared up for doing a £3,000 deal on gold coins. However, we did, and added more to the deal. At that point his new credit card refused to work, leaving us stuck with partial payment. This was all very annoying, particularly as someone else turned up to sell us coins, despite the normal cut-off time for bringing coins in being 3.30. It was, for a short time, chaos.

IOM Gold Half Angel – note how the Archangel Michael is fighting a dragon dressed only in Speedos and highly inflammable wings.  I’d want a bit more clothing. However, as, St George on the sovereign seems to get by with only sandals and a helmet this seems to be typically angelic/saintly dragon-slaying kit.

So, back to the suspended deal. It held all the elements of a classic distraction set-up. I’m sure it wasn’t, but the gold, the late unannounced arrival, the friend who came with him to do another deal, the part payment and the credit card glitch are all typical elements of previous frauds or attempted frauds.

Every year for the last three or four years, sometimes twice a year we are approached by “film companies” or “photographers” who ring or email on a Thursday or Friday night desperately needing old banknotes (usually £50 notes, sometimes lower values) for a film shoot. It’s always end of the week, urgent, features some sort of problem with payment and usually a courier pick-up rather than a proper address. Bank of England notes are always worth their face value, and can be banked, so they are a good target, and don’t set alarm bells ringing like gold.

However, we aren’t idiots (honestly) and have noticed that the “urgent need” seems to disappear when we ask a few questions and tell them we are happy to accept cash if their card isn’t working properly. As I say, today wasn’t suspicious, but it did have all the elements, so I wasn’t particularly sympathetic when we had to decline the deal. A simple phone call could have solved most of the problems.

Meanwhile, we had a rather cold call. A newly widowed man rang about his ex-wife’s property. He had found a coin in her jewellery box, which was worth, according to the internet, £5,000/ A few enquiries suggested it was more likely to be £15-20. He quickly lost interest and rang off. The cold aspect? She died last week. It’s customary, though not obligatory, to wait until after the funeral before selling stuff. It’s not a prize-winning exhibition of unfeeling greed though – that goes to the family who lost their grandfather in the morning and had his medals in the local coin shop by lunchtime.

Goldfinch

I found the bird photo whilst searching for “gold” and thought it made a more cheerful ending than my final anecdote.

Advice from a Fat Man

It can take longer to alter a listing on eBay than it does to write the original. I base this on recent events and just throw it out there as something for your consideration. I have the build to be regarded as Buddhaesque so I may as well impart some cryptically phrased knowledge.

While I’m offering lifestyle advice, I would also like to suggest to the met office that  the words “yellow snow warning” could do with some work. Every year the news announces yellow snow warnings: every year I smirk. And, every year, the snow is boringly white.

I put some gold coins on eBay a couple of days ago. They came with the paperwork showing how much they had originally cost. We’re selling them at half that price. Considering that they are often bought for their investment potential it’s safe to say that they failed. It’s often the way with these things. If  you want to buy something as an investment don’t buy it from someone who spends a fortune on advertising.

If you see it in a Sunday magazine, or on the TV being flogged by a retired General I’d steer clear. I just hope that when I’m old and senile I lose the collecting instinct as I’d hate to find myself buying this stuff at full price.

This was one – a gold double crown from Tristan da Cunha. If you look round the right-hand edge of the reverse you can see it’s mis-struck. This renders it unsaleable as a collectable, though we can still scrap it. It has an engraved number on it, being number 37 of 199. What sort of coin has a limited edition of 199? That’s only the first of the problems. Kate Middleton is not a good likeness, which is a problem on a high cost souvenir of the Royal Wedding and I always think that the Queen on the coins of Tristan da Cunha looks like she’s been beheaded. That straight line at the bottom of the neck is not a good look. The box is quite nice.

The next coin is a gold Half Ounce Half Angel from the Isle of Man. It’s not a bad-looking coin, though St Michael seems to have let himself go a bit.

The Queen looks better on this one. Manx coins, to be fair, are generally well designed.

Please note that due to possible legal problems I have not used the words rip-off, con-trick, criminal, predator or horse-whipped. I thought it would be better if we left them out.