RE: A coin of conviction: My 2015 silver £20 Sir Winston Churchill coin
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Makes me wonder what the objective of this program 20 for 20 was intended to do.
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You are viewing a single comment's thread:
Makes me wonder what the objective of this program 20 for 20 was intended to do.
I like the idea of circulating coins having some intrinsic value once again. Maybe they thought it would take off and they could make it a more regular, annual thing. The fact that it has a face value, reassures me that ill not lose any more(just value). Its been a full 10yrs and i cant buy nearly as much stuf for the £20 i spent back then that i can now.
I believe a similar program was floated years ago in Mexico as some business strike coins went into circulation with a certain weight of silver. Was it a way of making the Peso appreciate against the USD? Could be. The ideal got quashed and the silver content coins went into hiding.