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<p>[QUOTE="andyscouse, post: 1009416, member: 27100"]The sovereign was (since its inception in 1489) a UK gold coin with a value of 20 shillings (£1) - always was, and still is. </p><p> </p><p>For much of their time, many UK coins didn't specify their value on them, but they were (and are) worth that value ... eg, halfcrowns (2/6) didn't have the value inscribed on them until 1893 -but those minted before then were most assuredly coinage worth 2/6 (12½p decimal, approx 19¢) as much as those after. So, in the case of the sovereign, it never has stated its value - but it is a coin because it was minted to a set weight, alloy, size etc, as defined by the Royal Mint (and UK government, where to this day, the 'Trial of the Pyx' is carried out annually to assure the quality of UK coins). The UK also is the only country to not have its name on the coin either (like stamps). Doesn't make them less of a coin though.</p><p> </p><p>The Kruger, on the other hand, is a non-circulating 'coin' minted purely for bullion purposes, with an attributed token value. </p><p> </p><p>So what I'm saying is that a coin with no value inscribed thereon such as above is still a coin.[/QUOTE]</p><p><br /></p>
[QUOTE="andyscouse, post: 1009416, member: 27100"]The sovereign was (since its inception in 1489) a UK gold coin with a value of 20 shillings (£1) - always was, and still is. For much of their time, many UK coins didn't specify their value on them, but they were (and are) worth that value ... eg, halfcrowns (2/6) didn't have the value inscribed on them until 1893 -but those minted before then were most assuredly coinage worth 2/6 (12½p decimal, approx 19¢) as much as those after. So, in the case of the sovereign, it never has stated its value - but it is a coin because it was minted to a set weight, alloy, size etc, as defined by the Royal Mint (and UK government, where to this day, the 'Trial of the Pyx' is carried out annually to assure the quality of UK coins). The UK also is the only country to not have its name on the coin either (like stamps). Doesn't make them less of a coin though. The Kruger, on the other hand, is a non-circulating 'coin' minted purely for bullion purposes, with an attributed token value. So what I'm saying is that a coin with no value inscribed thereon such as above is still a coin.[/QUOTE]
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