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[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
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<p>[QUOTE="Dafydd, post: 26341298, member: 86815"]I am minded to agree with you [USER=110226]@robinjojo[/USER].</p><p>Besly reckoned they were given to very senior officers as some kind of commemorative service medal and I would tend to accept this because the smaller gold coins of the same value would be better currency than these huge pieces. Of course a pound was a significant sum of money and a pound would pay a foot soldiers wages at 8 pence a day for a month so they may have been used as currency for military transactions to transport large sums over distance. They could then be exchanged for smaller denominations. If they were given as some kind of medal to senior officers such as Colonels there were 100 foot and 100 horse regiment Colonels. If someone had access to the paid Coin Archives database ( I don't ) it would be interesting to see how many of these have been sold individually. If it is low hundreds then maybe they were individual awards of merit but if it is high hundreds that leans towards currency. They appear to be rare considering that they would be quite a curiosity so one would imagine a high survival rate.</p><p>I would compare to Cartwheel Twopences of George III, they were unpopular but there is a high survival rate as they were considered as novelties.[/QUOTE]</p><p><br /></p>
[QUOTE="Dafydd, post: 26341298, member: 86815"]I am minded to agree with you [USER=110226]@robinjojo[/USER]. Besly reckoned they were given to very senior officers as some kind of commemorative service medal and I would tend to accept this because the smaller gold coins of the same value would be better currency than these huge pieces. Of course a pound was a significant sum of money and a pound would pay a foot soldiers wages at 8 pence a day for a month so they may have been used as currency for military transactions to transport large sums over distance. They could then be exchanged for smaller denominations. If they were given as some kind of medal to senior officers such as Colonels there were 100 foot and 100 horse regiment Colonels. If someone had access to the paid Coin Archives database ( I don't ) it would be interesting to see how many of these have been sold individually. If it is low hundreds then maybe they were individual awards of merit but if it is high hundreds that leans towards currency. They appear to be rare considering that they would be quite a curiosity so one would imagine a high survival rate. I would compare to Cartwheel Twopences of George III, they were unpopular but there is a high survival rate as they were considered as novelties.[/QUOTE]
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[Game] World Coins Time Machine… Counting Backward by Year! (Plus Prize Coin)
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