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1908 C Sovereign, Where was the metal mined?
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<p>[QUOTE="Rob Woodside, post: 3176809, member: 96187"]THanks so much for the replies.</p><p><br /></p><p>Michael, thanks for the help. I'll post to the right fora when I figure them out.</p><p><br /></p><p>I think most people give up trying to source the gold in their coins for the reason that TheFin suggests. It is usually hopeless due to the essential identity of gold atoms and so gold from any source will be added to the melt.</p><p><br /></p><p>The 1908 might be special as only 636 sovereigns were produced. At 91.7 wt % Au in a 7.99 gm coin and with 31.1035 gm to the troy ounce, then 636 coins require 149.8 Troy ounces of pure gold. Striking Impressions, Haxby's history of the Canadian Mint, says on page 83, "Shipments of rough (unrefined) gold began to arrive at the mint in late 1908. The amounts were small- only 219 Troy ounces by the end of 1908.". THe purity of the rough gold might be about 85% giving about 186 Troy ounces of pure gold, ample gold for the 636 coins.</p><p><br /></p><p>However "Shipments", more than one! And from more than one source??? That sovereign statue and the claim "The source of Canadian gold coins" is a great tourist attractor regardless of the truth. Maybe I should ask the Mint?</p><p><br /></p><p>I think more collections are being recycled as there seem to be a lot of sovereigns on the market, even the rare ones. As a Newbie I don't know if it has been true in the past but currently the lack of cash is the only hindrance to a complete series.[/QUOTE]</p><p><br /></p>
[QUOTE="Rob Woodside, post: 3176809, member: 96187"]THanks so much for the replies. Michael, thanks for the help. I'll post to the right fora when I figure them out. I think most people give up trying to source the gold in their coins for the reason that TheFin suggests. It is usually hopeless due to the essential identity of gold atoms and so gold from any source will be added to the melt. The 1908 might be special as only 636 sovereigns were produced. At 91.7 wt % Au in a 7.99 gm coin and with 31.1035 gm to the troy ounce, then 636 coins require 149.8 Troy ounces of pure gold. Striking Impressions, Haxby's history of the Canadian Mint, says on page 83, "Shipments of rough (unrefined) gold began to arrive at the mint in late 1908. The amounts were small- only 219 Troy ounces by the end of 1908.". THe purity of the rough gold might be about 85% giving about 186 Troy ounces of pure gold, ample gold for the 636 coins. However "Shipments", more than one! And from more than one source??? That sovereign statue and the claim "The source of Canadian gold coins" is a great tourist attractor regardless of the truth. Maybe I should ask the Mint? I think more collections are being recycled as there seem to be a lot of sovereigns on the market, even the rare ones. As a Newbie I don't know if it has been true in the past but currently the lack of cash is the only hindrance to a complete series.[/QUOTE]
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