Tuesday, February 25, 2014

Couple on Stroll Discovers $10 Million U.S. Gold Coin Hoard in Rusty Cans

Professional Coin Grading Service (www.PCGS.com) has authenticated, graded and certified 1,411 U.S. 19th century gold coins that were found in eight, decaying metal canisters buried on private property in California's gold country.

The coins are dated from 1847 to 1894, and the majority of them are $20 denomination Liberty Double Eagles struck at the San Francisco Mint between 1855 and 1894. Some of this amazing treasure will . . . 

Read more at pcgs.com

Thursday, August 08, 2013

$38 Million Treasure Recovered from Shipwreck

It’s the dream of every treasure hunter who’s ever scoured the local beach with a metal detector: the big score.

And Odyssey Marine Exploration has pulled in its biggest haul yet — and reportedly the largest precious metal recovery in history — from the bottom of . . .

Read more at kirotv.com

Thursday, May 23, 2013

2013 American Buffalo Gold Coins Now Available

WASHINGTON - The United States Mint opened sales for the 2013 American Buffalo Gold Proof Coin on May 23, at noon Eastern Time (ET).

Pricing for the .9999 fine, 24-karat gold coin will be based on the bureau's pricing policy for numismatic products containing precious metals located at . . .

Learn more at usmint.gov

Wednesday, May 22, 2013

Ancient Copper Coins Reveal Australia Discovered 600 Years Before Capt. Cook

Five copper coins found in northern Australia could rewrite the country's history.

The coins are thought to date back as early as the 900s and are believed to have originated in Africa.

Written history of Australia only dates back to 1606, when Dutch explorers landed in the region, and . . .

Read more at Daily Mail

Monday, May 13, 2013

Canada Issues Latest Notes in Plastic Money Series

$5 Canadian Polymer Series Note
The Bank of Canada has unveiled the latest bills in its new polymer note series, the $5 and $10 denominations, a move that comes as it highlights progress made in the fight against counterfeit currency. 

The new $5 note features images of Canadarm2 and Dextre — robotic contraptions that help to build and maintain the International Space Station. The space station's . . .

Read more at CBC News

A Look at the World's Weirdest Money

$20 Canadian Polymer Series Note
Canada's New Plastic Currency
From talking JFK coins to glow-in-the-dark quarters, here's a look at some of the world's weirdest money . . .

Read more at The Week

Wednesday, May 08, 2013

SS Central America Treasure Hunter Hunted by U.S. Federal Marshals

The search for a treasure hunter who found sunken gold and then stiffed his partners by vanishing with the loot could be coming to a highway near you.

The U.S. Marshals Service began using alerts on digital billboards in Ohio and Florida late last month to locate fugitive treasure hunter Tommy Thompson, who remains wanted after failing to appear in an Ohio court last year following his 1987 discovery of millions of dollars in gold bars and coins from the SS Central America, a . . .

Read more at Fox News

Tuesday, May 07, 2013

NGC Security Image Archive Reaches
7 Million Coins

NGC security images show the obverse and reverse of a coin in its NGC holder immediately after encapsulation 

 SARASOTA, Fla. (April 29, 2013) – Numismatic Guaranty Corporation® (NGC®) announced that its online certification verification database includes images for more than 7 million NGC-certified coins. Accessible for free through the “Verify NGC Certification” tool on the . . .

Read more at Numismatic Guaranty Corporation

Monday, May 06, 2013

Royal Mint Issues Silver “Year of the Snake” Coin

Just months after the successful launch of a new fineness of 99.99 gold and 99.9 silver in their highly-regarded bullion range, The Royal Mint has announced an innovative strategic partnership with precious metals dealer A-Mark to distribute a version of their traditional 1oz Silver Britannia Bullion coin, specially designed to celebrate the Chinese ‘Year of the Snake’.

Shane Bissett, The Royal Mint’s Director of Bullion and Commemorative Coin said . . .

Read more at The Royal Mint

Sunday, May 05, 2013

Avoiding Counterfeit Gold and Silver

In March 2012, a 1 kilo tungsten gold bar turned up in the United Kingdom.

Then in September 2012 there were reports on a slew of 10 oz tungsten gold bars bought and sold in New York's jewelry district.

The big problem with these news reports is that they have given little to no solution on . . .

Read more at Resource Investor

Saturday, May 04, 2013

Tortugas Shipwreck Treasure Revealed

Odyssey Marine Exploration, Inc., a pioneer in the field of deep-ocean exploration, has published a new series of scientific papers on the Tortugas shipwreck which was originally excavated in 1990 and 1991.

The Tortugas shipwreck is believed to be the remains of the 117-ton Buen Jesús Nuestra Señora del Rosario, one of the vessels sailing with the 1622 Tierra Firme treasure fleet bound for Spain.

The papers are included in . . .

Read more at Odyssey Marine Exploration

Friday, May 03, 2013

Gold and Silver Not to be Legal Tender in Arizona

PHOENIX - Gov. Jan Brewer refused Thursday to make Arizona the second state in the nation to declare privately minted gold and silver coins, bars and ingots to be legal tender in the state.

In vetoing the measure, Brewer said she shares the concerns of proponents that the dollar isn't worth what it used to be. And she said it's likely to get worse . . .

Read more at Arizona Daily Star

Thursday, May 02, 2013

Family Discovers Treasure in Hidden Safe

Last week, a Tennessee family embarked on a treasure hunt straight out of the movies -- and their amazing discoveries were posted to Reddit last night.

Just over a week ago, Reddit user evilenglish posted that he'd discovered a 'secret safe' in his grandparents' old farmhouse in Tennessee.

The poster was helping his family clear out the house to prepare it for sale when he noticed a block of concrete on the . . .

Read more at Huffington Post

Wednesday, May 01, 2013

Baseball Hall of Famers to Judge Coin Design

Joe Morgan, Brooks Robinson, Ozzie Smith, Don Sutton and Dave Winfield to Judge Obverse Design

(COOPERSTOWN, NY) – Five of the game’s greatest players of the 20th century will help select the design of the coin destined to become a favorite of baseball fans and coin collectors for . . .

Read more at National Baseball Hall of Fame


Sunday, March 17, 2013

Atheists Sue to Remove 'In God We Trust'
from U.S. Currency

Free Coin Price Guides
View the first coin to display "In God We Trust." 

The Freedom From Religion Foundation (FFRF), is suing the United States Treasury Department to remove the words "In God We Trust" from all U.S. currency, because they claim the motto is offensive to nonreligious citizens. 

Nineteen plaintiffs and the FFRF filed the lawsuit, Newdow v. Congress in the U.S. District Court for the Southern District of New York on Feb. 1. The civil action claims the motto In God We Trust violates . . .

Read more at The Christian Post

Thursday, February 28, 2013

The Least Valuable Coin in the World

You wouldn't think an entire country could turn on a dime, but after 155 years, Canada has finally turned on the penny.

According to National Post, the Canadian government has halted distributing pennies to financial institutions, bringing the tawny, maple-leaf-adorned coin one big step closer to total extinction. The Canadian Press reported . . .

Read more at The Huffington Post

Tuesday, February 26, 2013

Pieces of Eight from West Cornwall Shipwreck Sold

Coins recovered from a West Cornwall shipwreck that still inspire visions of pirates and buried treasure have sold at auction.

The 17th Century Cob and piece of eight were recovered from the wreck of HMS Association, lost at sea in . . .

Read more at Falmouth Packet

Monday, February 25, 2013

Coin Collector May Have Only 1912 Buffalo Nickel

AMERICUS — In 1960, when Chuck Wachob was 17, he worked at a bank in Middletown, Pa., handling bags of money from the U.S. Mint in Philadelphia. His job was specifically to roll coins for the bank to use.

At that time he was an amateur coin collector. He had an eye particularly for buffalo nickels. When he would . . .

Read more at Americus Times-Recorder

Audit at N.Y. Fed Find Gold Purer Than Thought

NEW YORK -- The U.S. government’s gold in New York is safe in a vault underneath Manhattan, and some of the precious metal there is purer than previously thought.

That’s according to a first-ever audit conducted last year by the Treasury Department of U.S. gold on deposit at Federal Reserve banks in New York and . . .

Read more at The Los Angeles Times

Minting Coins Cost U.S. Taxpayers $436 Million: Chart of the Day

Pennies and nickels have cost more than their face value to mint since 2006, resulting in a loss of at least $436 million to U.S. taxpayers.

The chart of the day shows that in 2012, the penny cost almost 2 cents to make and the nickel more than . . .

Read more at Bloomberg