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My story started nearly 50 years ago and last month I drove to the house to show someone where I lived in those early days. As fortune was the present owner for over 20 years was cleaning the ice outside and he invited me in.

Nothing had changed a ships wooden floor that looked unpolished from the days we lived in the house.

www.petitioncrown.com

It brought back memories of my early coins collecting days and when the post would arrive I would take the coins from the envelope and put them on the shelf above the fireplace or the window sill. My dear friends I remember the days when we were a real minority in collecting. I remember buying a mint state 1820's British half sovereign it was 18 gbp from a man called Smith at Smith Antiques.

Many memories came back to me. I had no safe in the house just the old coin Swan wooden cabinet this was missing a couple of trays. I was lucky to acquire coins during this period; it is no secret that many years later I sold many coins to gain money for the children’s education. Well coins are round and are made to go round.

There were my trips were I was selling for my business, when I saw an old antique shop I would dash in quick "any coins" dreaming of a man showing me a Henry VIII Testoon, alas never.

The life is not so comfortable that money comes only one way, it also ebbed away and there were many years that I could not afford to purchase either because of poor business, education of the children. That was a benefit that I had not planned for.

Many people write to me and about my coins and how lucky I am, it was luck, not a planned investment. The bringing to light now in the web site www.petitioncrown.com is for the coins to be enjoyed by the new collectors to understand the opportunities that are in front of them to aspire to.

What a wonderful medium the internet is, it has no boundaries. The new dimension of communication is just beginning.

I remember clearly only collecting British milled coinage in the beginning. Then one day I acquired a hammered coin from a dealer, these were simply made he said, a hammered coin struck one by one, he was a collector come dealer. It took me days to understand what was written on the coin. Some years later if my memory is good I bought more coins from him which were the copper 1d. Soho re-strikes.

I would travel to York to see friends and look in his box; I remember being offered 12+ Gothic proof florins for 50 gbp [which I did not buy] and then seeing another friend in his tiny shop in the Shambles the walking street. These were days gone by.

I did exchange an old ford car for a book and the book for the Cromwell artifacts now on exhibition in the ANA Museum. See we did strange things in those days. Not sure what I thought I would do with Cromwell’s "penny bible", a "pair of leather gauntlets" or even his "bras charger" for eating from as just a few of the items.

There were my businesses trips to London, and there I met many dealers and people after work.

Consider the hobby, you have control on what you buy, you have dealers with great reputations whose main interest is you would stay a customer and usually to look forward in the future to sell for you your collection.

During the last few years for interests sake I calculated over a period from 1936 an increase of +/- 11.0% compound on the price of the increase depending on demand for specific periods & coins. Just two days ago I read another article and they said 12%, not important as I bought coins as a passion only. Like all interesting collectables the lucky owner might buy like me for a passion or for investment, even the investor many times takes an interest in the collectables. Many years later he/she justifies the investment for retirement. The enjoyment as he reaches maturity does not allow him to sell.

I was talking with a friend and we said as we get older we will be broke buying coins and will sit on the park bench with no money but still have our old round and sometimes strange shaped coins

Enjoy the hobby, I do not sell coins bit I am always willing to give non biased advice. Write info@petitioncrown.com

Good hunting and now is a wonderful time to start a new hobby.

www.petitioncrown.com I try to get the bug from the system, but once u r smitten with coins u have it for a lifetime. One of the differences other than putting coins in a capsule for posterity is in the UK we are not buying for investment, we are just in love with our history and coinage.

Today there is a new young vibrant collector community; the internet opens the secret world to everyone. The realization that numismatics is interesting, challenging and for sure under priced brings more people who start first by looking for an alternate investment then join the ranks of our hobby.

www.petitioncrown.com

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Great post Mr. WuKong! Your love of the hobby shines through every word that you write. I am also retired and have only been "bitten" by the collecting bug late in life. I specialize in pre-1933 US gold coins. Yes it costs money, but I enjoy the hobby and my family will prosper from my actions.
I suppose that you have had many more opportunities to find truly interesting coins in the UK. Great Britain is so much older than America and they have found coins that predate the Romans in various parts of the country.
Hi Steve

Thanks for your story, very interesting, how did u choose 1933?, lucky family. If u have other friends can u ask them to pur their story on the forum.

BR
www.petitioncrown.com
Mr Wukong,
1933 was the year that our President, FDR, ordered all gold coins to be turned in and melted by our mint. This action was designed to fight the effects of the economic depression. He offered $20/ounce at the time. As a result most of the coins became bars at the US Mint vault in Ft Knox. My grandfather actually guarded bags of coins on trains destined for melting in Denver. It was a crime for any American to possess bullion or non-numismatic gold coins from 1933-1974.
Some coins survived in private hoards and foreign banks. These survivors form part of our numismatic history and of course they have the value of the gold. Today gold & gold coins are freely traded as a commodity. New coins are minted each year, but I prefer the older varieties, especially the issues designed by Augustus St Gaudens and Bela Pratt Lyon. If you find any of these in the UK just let me know. LOL

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