Friday, 6 September 2019

Portable Wealth

Portable Wealth

Jewellery may also function as a form of portable wealth, where the wealth is easily exchangeable and stored on the body or at close proximity for easy access (Metcalf 1998:3). The jewellery may be taken off of the body and sold during an emergency or crisis (Metcalf 1998:3,4). Jewellery pieces made from precious materials will naturally have a higher intrinsic value (Quickenden 2000) .

Pictured below is a 1/2 Oz Kruger Rand that is used to store wealth. This coin is valued at R 12250-00 (The South African Gold Coin Exchange & The Scoin Shop, 2018)

1/2 Oz Kruger Rand 2017, 22ct Gold

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