The British Sovereigns from my father's collection.

Great story! I've really enjoyed reading your posts. I think most people come to this 'what's it worth forum', ask a question and then leave. This has been interesting learning how all this came to be in your possession.

I got a metal detector last year too. They've come a looong way! Even the cheap ones now can distinguish between what things are. Generally, it tells you by LED arrow if you hit junk, pop tabs, bottle caps..etc.. and there are 3 different tones. High pitched for silver and based on the size of the object, they can distinguish between a dime, quarter, half..etc.. Mine even knows the difference between a zinc penny and a copper penny. So you can decide what to skip. I won't dig a zinc penny. It even tells you roughly how deep the object is, from 0 to 10 inches. Saves a lot of time digging.

I think you're right though. A lot of prime ground has been cleaned out. The problem I have is finding ground to search. All the good stuff's private property.

Certification and grading means the same, btw.

A lot of people have financial messes these days. It should almost be expected. There was a time when people made a decent living and bills were very limited. Now we live in a society where everybody and everything squeezes everybody for every dime they've got. Far more expenses today than there were 50 years ago. Average pay went up but not nearly enough for what things cost nowadays. The banks hold all the cards. They win no matter what. For doing nothing but legally creating new money out of thin air. We lose.

You are very right on your assessment of metals. Many people think they are smart but really have no clue what money is. There is no understanding anymore. Generations have grown up with no concept.

This has happened by design.

If you want to see a very interesting progression...... look up Series 1914 Fed. reserve notes. They were larger than todays bills but look similar with very attractive art on the backs. On the front it says Authorized by the Fed. reserve act of Dec. 23rd, 1913. (Hmmm, how often is the whole of congress in session to authorize anything 2 days before Christmas!!?)

On the back at bottom, they say "Will pay to bearer on demand, *gold* or other *lawful* money at any fed. reserve bank." In 1928, the notes changed but some still said, will pay gold on demand. Or silver on demand. Then even silver certificates were eliminated. Eventually, they changed the saying to only "Will pay to bearer on demand." which lasted up until not that long ago.

Now, there is no type of wording like this at all. The people were weaned onto them and now everybody is supposed to think the paper IS real money. And it has worked! Most people I know are fooled. They believe it. One person questions why GOLD IS WORTH ANYTHING!?! lol .....in relation to the paper he covets. ZERO understanding of anything and these are highly educated people.

You have to ask the question why somebody felt it was important to include this wording on our currency for so long. Up until it was nothing more than a formality and a token gesture before finally removing it for good. But people now think the currency we had through the 90s is all we've ever had. There is no interest in gaining perspective. They have no idea the progression we've gone through since 1913, after the creation of the 'Fed', to get to the mess we are in now.

 

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You're scaring me now. If there were a meltdown and paper money was worthless, you'd be using your gold to buy what? Seeds. :eating: Seeds would be the new gold standard.
Not going to sleep tonight....