Author: London Coin

Germany makes arrests over theft of giant solid-gold coin

BBC NEWS – EUROPE | July 12, 2017 Police have raided homes and made arrests in Berlin over an audacious night-time heist which saw a huge solid-gold coin stolen from a museum. The raids took place and a car was seized in the district of Neukoelln, German news agency DPA reports. The suspected robbers are believed to […]

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Legendary Chinese treasure found

Numismatic News | Posted by Richard Giedroyc | May 15, 2017 (Image above: This silver 2-tael sycee is similar to the gold and silver sycees being excavated at the site of a battle during a 1647 peasant revolt in China.) What was thought to be only a legend has proved to be fact. As of early […]

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Solid gold coin worth $4m stolen from Berlin museum

BBC NEWS – EUROPE | March 27, 2017 A giant gold coin bearing the Queen’s image, and worth $4m (£3.2m), has been stolen from a museum in Germany. The Canadian coin, nicknamed the “big maple leaf”, has a face value of $1m – but because it is 100kg (220lb) of pure 24-carat gold, its value is […]

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Germany reaching goals bringing central bank’s gold holdings back within the borders

COIN WORLD | By Paul Gilkes, Coin World | February 15, 2017 Tons of precious metals bars returning from New York and Paris Germany is in its final stages of repatriating more than 700 metric tons of gold from vaults in New York and Paris. Since 2013, the European nation’s central bank has completed the […]

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Massachusetts mattress conceals $20m in cash

BBC NEWS Us & Canada | January 24, 2017   US authorities have seized $20m (£16m) in cash discovered in a bed frame under a mattress in a Massachusetts flat. The cash is believed to be linked to a $1bn pyramid scheme involving TelexFree, a company that claimed to provide internet phone services. Investigators uncovered […]

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Whatever you do, don’t put paper money into your mouth

COIN WORLD | By Arthur L. Friedberg , Special to Coin World | January 16, 2017 Studies show just how filthy and germ-laden our notes are Numismatics, the study of money, takes on an entirely new dimension in a recent article in Scientific American by Dina Fine Maron. Money, she discovered, is disgusting. My father […]

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It’s not even broken: 1942 experimental cent struck on glass planchet

Coin World | By Paul Gilkes, Coin World Senior Editor | December 16, 2016 Only known unbroken example in Heritage Platinum Night auction at FUN The only known unbroken example of a 1942 experimental cent struck on a glass planchet is set to cross the auction block Jan. 5 in Fort Lauderdale, Fla. Heritage Auctions […]

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Chinese imperial seal sold for record $22m at auction

BBC NEWS – China | December 15, 2016 An 18th Century Chinese imperial seal has been sold for a record €21m (£18m, $22m) – more than 20 times its estimated price. The sale, to an unnamed Chinese collector, took place in Paris on Wednesday after a heated bidding war, Drouot auction house said. The palm-sized seal […]

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Researchers make breathtaking find encased in 99 million-year-old amber

aol.com | Aol NEWS | December 8, 2016 Watch Video An amber-encased specimen found in Myanmar has been identified as a baby dinosaur tail estimated to be 99-million years old, reports NPR. It was reportedly discovered in 2015 by Chinese researcher Lida Xing who noticed it being sold at a market as a decorative item. […]

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Thief gets away with $1.6m bucket of gold flakes

bbc.com | BBC News US & Canada | November 30, 2016 Watch Video Police are looking for a thief who managed to carry an 86lb (36kg) bucket of gold flakes worth $1.6m (£1.2m) off a truck in New York. Surveillance video showed the theft happened in just 20 seconds while the armoured truck was briefly unattended. The man struggled […]

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