Hi Folks, Stayed up to bid on these two last night. The Type 2 Australia Sovereign Minted in Sydney has an edge knock at 7pm but at EF I thought the high points on the bust, the hair in particular still looked pretty good. Not entirely sure why this coin is so much more expensive than standard British sovereigns as the mintage at a 2.9m isn't exactly low. The other coin I know a bit more about as I have four already. The 1888 Newfoundland $2 is the first example that I have which is slabbed. NGC AU58. Happy New Year.
Does anybody know what happened to the Newfoundland two dollar coins after 1895. The Newfoundland dollar in that year was devalued and made equal to the Canadian dollar. Thus the two dollar coins were now worth $2.028. Did this have any effect on their circulation? Was an attempt made to withdraw them?
I meant 1895. With only a 2.8 cents difference, perhaps everybody ignored the change. I remember Newfoundland 20 cent pieces circulating in New Brunswick until the end of silver circulation there. They were universally passed and accepted as 25 cent pieces. I was always glad to get a decent one for a quarter. I spent the well worn ones. If the denomination wore off, you could still tell the value from the obverse placement of the colon in the inscription (1912 20 cents versus 1917C and 1919C 25 cents).