HOARDERS OF GOLD
. MISGUIDED FRUGALITY. STRANGE CASES IN ENGLAND. London, March 3. The existence for many years of misguided (frugality throughout England continues to be revealed in the rush to sell gold. ' T One notable case was that of a Newcastle man who called a broker out of bed at 7 a.m. to sell a hoard of 10,000 sovereigns. The fact that, if invested, the money would have brought in a regular income, instead of the £13,750 now received, had not occurred to him. Similarly, 25,000 Victorian sovereigns, sold in South Wales, had been hitherto wasted. . , ... A .Lancashire. man visited, a bullion dealer five times, bringing sovereigns, and saying on each occasion that he had “just dug up another flagstone in the kitchen floor.” Country women going to towns on market <lay are taking trinkets, j ew elied antiques, and coins, even fivepound and two-pound pieces, bright as the day they were minted. Goldsmiths’ furnaces are working overtime melting down snuff-boxes, cigarette cases and miles of watch chains.
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Taranaki Daily News, 11 March 1932, Page 10
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168HOARDERS OF GOLD Taranaki Daily News, 11 March 1932, Page 10
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