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1902 British Gold Soverign

Currency:USD Category:Collectibles Start Price:300.00 USD Estimated At:NA
1902 British Gold Soverign
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The sovereign is a one pound coin issued by Great Britain.  The British "pound" originally equated with an actual pound of silver.  At one point mint direction Isaac Newton asserted that British gold coins were overvalued - one would be better off having a British pound in silver coinage than one composed of gold.  Interestingly, the perceived relative values of silver and gold arguably point in the other direction: whereas silver often holds a value of only roughly 2% of that of gold, gold is not, in fact, fifty times more scarce than silver. JC-30101-236   JC-30336