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Australian man unearths 145-ounce gold nugget found using metal detector

COIN WORLD| By Paul Gilkes, Coin World | Published: 08/24/16 An Australian man who has spent his weekends the past 10 years prospecting for gold with a metal detector has unearthed a 145-ounce gold nugget valued at $250,000 AUD ($190,282 in U.S. funds). The discovery was announced Aug. 25 by Minelab, the metal-detecting equipment manufacturer […]

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Japan legalizes cybercoins

Numismatic News | Posted on July 21, 2016 by NMN  While bitcoins are getting physical, banks in Japan are sending their money into cyberspace. Bank of Tokyo-Mitsubishi UFJ Ltd. is Japan’s largest bank. This bank plans to become the first bank anywhere to issue its own digital currency, according to a June 13 news article appearing […]

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Why have so many huge diamonds been found recently?

BBC NEWS – Africa |  June 30, 2016 The huge rough diamond that went on sale at auction on Wednesday was one of three big diamonds found recently after a break of more than a century. The BBC’s Clare Spencer asks why. On 16 November 2015 Tiroyaone Mathaba was sorting through rocks at the Karowe mine in […]

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Lesedi la Rona diamond fails to sell in London auction

Watch Video BBC NEWS – London |  June 29, 2016 The world’s largest uncut diamond has failed to sell at a London auction after bids did not reach the minimum reserve price. The Lesedi la Rona, almost the size of a tennis ball, was unearthed in Botswana in November. The rough diamond is 1,109 carats and believed […]

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To Swiss, cash is privacy, freedom

Numismatic News | Posted on June 9, 2016 by NMN | By Richard Giedroyc Denmark and Sweden may be leading the charge towards a cashless society, but Switzerland, that bastion of international banking, doesn’t see it that way. Not only are the Swiss sold on the idea they want to retain their coins and bank notes, […]

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99-Million-Year-Old Bird Wings Found Encased in Amber

SMARTNEWS Keeping you current Smithsonian.com | June 28, 2016 | By Danny Lewis Bone, tissue, and feathers show the almost 100-million-year-old wings are remarkably similar to those on modern birds. Finding things trapped in amber is far from a rare occurrence: lizards, bugs, flowers and more are regularly found encased in hardened lumps of the tree […]

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Ancient silver coin hoard found in Israel features pieces from the city of Tyre

COIN WORLD | By Jeff Starck, Coin World | June 10, 2016 A small cache of silver coins recently found in Israel offers a fascinating look into life during the second century B.C. The hoard contains 16 silver shekels and half-shekels (tetradrachms and didrachms) that were minted in the city of Tyre and bear the images of […]

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Celtic gold piece found by detector

numismaticnews.net | Posted on May 16, 2016 by NMN A metal-detecting grandmother with a knack for finding gold will see her latest find going on the auction block July 17 to be sold by Elizabeth Cottam of Chris Rudd of Aylsham, England. The coin is an excessively rare ancient British gold quarter stater, probably minted by […]

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How a 15-year-old discovered an ancient city

BBC NEWS | By BBC Trending – What’s popular and why | May 10, 2016 What was your biggest achievement at the age of 15? Well, a Canadian teenager has outshone the experts after discovering a lost Mayan city. William Gadoury, from Saint-Jean-de-Matha, Quebec, made the discovery by comparing star charts with satellite images. The new city, […]

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China making attempt to become gold trading center of the world

coinworld.com | By Paul Gilkes, Coin World | October 7, 2015 Amassing tons at a rate representing 90 percent of newly mined gold totals for 2015 The People’s Bank of China is amassing tons of gold in an apparent effort to become the gold trading center of the world, according to Mike Fuljenz, a gold dealer […]

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