Category: News

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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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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French heir finds $3.7m gold hoard underneath furniture in house

BBC NEWS – Europe | November 22, 2016 A Frenchman who inherited a large house from a relative has found an astonishing 100kg (220lb) haul of gold hidden under the furniture. The unnamed heir discovered the glittering hoard in a variety of inventive locations, including under piles of linen and in the bathroom. “There were […]

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Recently salvaged shipwreck gold from 1715 Plate Fleet reaches market

coinworld.com |  By Jeff Starck, Coin World | October 7, 2016 Reported $1 million in treasure from Florida wrecks now available Nearly 300 gold coins discovered nearly 300 years after the famous 1715 Plate Fleet shipwreck are now coming to the market. The coins are worth an estimat­ed $1 million or more, according to John Albanese, who brokered the […]

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Sweden begins ‘de-cashing’

Numismatic News | September 27, 2016 – Posted by Maggie Judkins | Article by Richard Giedroyc This article was originally printed in World Coin News. If you are holding Swedish kroner coins or bank notes, you might want to consider converting them while you still can. The Sveriges Riksbank or Swedish Royal Bank is quickly […]

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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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