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LiveScience/Jennifer Nalewicki/9-7-2022
“‘Joseph and Sarah [Fernly-Maisters] clearly distrusted the newly formed Bank of England, the ‘banknote’ and even the gold coinage of their day because they [chose] to hold onto so many coins dating to the English Civil War and beforehand,’ [Spink & Son’s Gregory] Edmund said in the statement.”
USAGOLD note: Apparently, savers’distrust of the central bank in governing economic affairs is nothing new. In fact, it goes all the way back to the dawn of central banking itself and the founding of the Bank of England.
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