Weekly World Numismatic News for June 9, 2019

The delay in the report was because I was traveling home from seeing my nephew graduate from high school. Although high school graduation may seem like something that did not require a long trip, it was necessary for me to see my nephew graduate. Since he is classified as “special needs,” this was a huge event in his life.

Although a stupid rule prevented him from graduating with honors (they moved in the middle of the year and did not spend enough time at the school), he did qualify for an academic award that covers all four years of high school. The award was a medal, which he wore along with an academic honor rope.

Medals are an interesting part of numismatics. They are not a currency but has been used as such. They have no value, but we attach importance to them. Medals come in all shapes and sizes and have their appeal.

Award medals are usually happy. They represent an accomplishment and in many cases worn as a proud sign of that accomplishment. Even medals awarded posthumously that provide reminders of the departed are appreciated because it represents the good within that person.

Medals may be one of the most underappreciated areas of numismatics. Maybe that should change. It might cause more people to become interested in the hobby.

And now the news…

 June 3, 2019

Details of a new collectable coin series was announced today by the Royal Australian Mint to celebrate 50 years since Neil Armstrong took “one giant leap for mankind”.  → Read more at news.com.au


 June 5, 2019

The use of smaller coin denominations is gradually becoming extinct as many…  → Read more at ghanaweb.com


 June 5, 2019

Dear Reader, As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going.  → Read more at jpost.com


 June 6, 2019

The coin sold for five times its estimate. A 30-year-old British man with a metal detector came across a small 24-carat gold coin the size of a penny this past March. Yesterday, it sold at auction for $700,000.  → Read more at news.artnet.com


 June 6, 2019

When it comes to honoring troops who made the ultimate sacrifice as they gained victory during the Normandy landings, it’s not partisan. House Minority Whip Steve Scalise (R-La.) is partnering with Rep.  → Read more at ijr.com


 June 7, 2019

THESSALONIKI, Greece – Police in central Greece have arrested a man suspected of dealing in illegally excavated antiquities who had allegedly placed an advert to sell ancient coins on a Greek website for second-hand items.  → Read more at foxnews.com


 June 8, 2019

It started with a hiker who plucked two curious objects from a bit of scattered trash, a discovery that launched months of speculation and investigation. Each wafer-thin bit of metal — one about the size of a quarter, the other a dime — bore strange inscriptions on either side, worn nearly smooth over time.  → Read more at azcentral.com

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 NCIC: Stolen USPS (Jun 7, 2019)

 

Weekly World Numismatic News for May 26, 2019

In the argument as to whether to get rid of cash in favor of credit cards and electronic payments just took an interesting twist this week. According to a study by LendEDU.com, a website that specializes in loan comparison and education, credit and debit cards are dirtier and carry more germs than currency and coins.

LendEDU reported that they “used a scientific device that tests for bacteria on a given surface.” Their publication did not disclose the device that they used. And based on the results, the tests were performed in New York City.

On average, NYC CitiBike (a bicycle sharing service), McDonald’s door handles, a park bench, and a parking meter had more bacteria than the average credit card. But they did find that the credit card was dirtier than a Penn Station bathroom, cash, coins, and a subway pole.

With all due respect to LendEDU, did they find the most remote bathroom in Penn Station and test it after someone did their quick wipe down? And did they test the pole on the subway car after someone used that bathroom and washed their hands if the sink worked?

Aside from being a proponent for using the products produced by the Bureau of Engraving and Printing and the U.S. Mint, I am a native New Yorker and one-time commuter from Long Island. These findings are difficult to believe, especially the low score for the subway pole. I have taken the A Train. I would not have a sandwich without washing my hands after getting off the train!

It is a fun story but hardly a credible test.

If you would excuse me, I have to check the level of the big bottle of hand sanitizer next to the cash register!

And now the news…

 May 22, 2019

That credit or debit card in your wallet is apparently dirtier than you might have suspected.  → Read more at foxbusiness.com


 May 23, 2019

MONTREAL, May 23, 2019 /PRNewswire/ – In 1969, Plastic Ono Band (John Lennon and Yoko Ono) recorded Give Peace A Chance, an anti-war anthem for generations of pacifists and music fans around the world.  The song was recorded live from Lennon and Ono’s Queen Elizabeth Hotel suite in downtown Montreal  → Read more at finance.yahoo.com


 May 24, 2019

The recent discovery of two ancient Spanish coins near Halls Crossing excited archaeologists at Glen Canyon National Recreation Area, who wondered whether they offered evidence that Spanish explorers, possibly in search of mythical cities of gold, passed through Utah centuries ago.  → Read more at sltrib.com


 May 25, 2019

A US-made collectable coin lists Britain and France among the honored US allies in WWII, but, strangely, the Soviet Union, whose Red Army delivered a crushing blow to the Nazis in Europe and fought Japan, is omitted.  → Read more at rt.com


 May 25, 2019

Apparently, the Soviet Union, whose soldiers hoisted a red flag over the Reichstag marking the liberation of most of Europe from the Nazis during World War II, is not a country that contributed to securing the "liberties" the Western states "enjoy today", per a US company which issued a souvenir commemorating the victory's upcoming anniversary.  → Read more at sputniknews.com

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ANA’s 2019 Election Cycle

Members of the American Numismatic Association who opted into online voting should have received the election announcement via email. If you think you did request the electronic voting option and did not receive your notice, check your spam folder.

Those who are not signed up for electronic voting should receive a paper ballot in the mail shortly. Deadline to vote using either method is July 1, 2019.

2019 ANA Election Notice

This year, there are races for president, vice president, and Board of Governors. In addition to the races in all categories, three women are running for the Board of Governors, and five of the candidates are running for the first time. Two are running again after having served in the past.

Three of the current member of the Board of Governors are running for higher office, meaning that there will be at least three new Board members.

Maybe there should be at least four new board members.

It has been a long tradition in United States populist society to “throw the bastards out” dating back to the antebellum South where the southern Democrats ran dirty campaigns and even fixed ballots to weaken the Whig Party that was anti-slavery. Newspapers at the time suggested that if the pols do not protect the southern traditions then vote them out.

Just remember, dirty politics pre-dates the founding of the United States as an independent country. In the 1820s, the movement found a rallying cry.

The ANA has had its “throw the bastards out” situation a few years ago after former ANA Executive Director Larry Shepherd file a lawsuit against the ANA and fired Jeff Shevlin as executive director. It was clear that there were problems, which attracted a large field fo candidates for the seven seats on the Board of Governors. I was one of the candidates.

There was quite a change in made in that election. Unfortunately, a few of the members that were voted in during that election remain. As someone who likes to see change and believes in term limit, anyone elected in 2013 should be retired from the Board of Governors. It has nothing to do with their qualifications, but there is a time for new ideas to replace the old.

Numismatics is not a dying hobby. For as long as physical currency is in use, there will be someone to collect those items and the billions of coins already in collections around the world. But there is some trouble in the hobby.

The ANA has to figure out its long-term direction in the context of today’s society. Kids are no longer checking mom and dad’s pocket change looking for coins. They are not encouraged to do so, but there are no incentives for them to begin. There is no long term encouragement.

We have to adapt to a new way of thinking. Unfortunately, very few of the candidates’ statements show that they are seriously thinking about the future.

Change begins with change. It is time for those who have served to retire from the Board and let others step forward. Let’s thank them for their service and allow them to move on.

It may not be a revolution, but evolution is necessary.

In a few weeks, I will post my endorsements.

Until then, I welcome your thoughts.

Weekly World Numismatic News for May 19, 2019

A Kilwa Coin similar to those found on the beach in Australia (Source: news.com.au)

Five coins were found by a soldier while fishing in 1944. He put the coins away and forgot about them only to rediscover them again in 1979. When he sent them to a museum for identification, they turned out to be over 1,000 years old. A find like this show the coins predate the story of the island’s discovery by James Cook in 1770.

In recent years, the coins have sparked interest in understanding how they ended up in Australia. Even though they are from a time after the arrival of the Aboriginal people, it presents questions as to whether there were other European settlers before James Cook.

Coins are not only a holder of value; they are also a representation of art, history, and commerce. Coins tell us more about our lives than history, which is written by the victors and not the ordinary people who may have done more to guide history than those whose writings may be less than accurate for their glory or the glory of their sponsors. Nowadays, we call that spin.

If finding five coins on a beach in a remote fishing spot in Australia can rewrite history, what will the coins in our pockets tell future generations about us? What stories do any of the coins we collect tell? While it may be nice to hold a mint state 19th-century dollar in our hands, what impact did that worn large cent have on history? Or the history of those who used it?

The term “history in your hand” could never be more impactful than the story of those five coins found while fishing in Australia.

And now the news…

 May 12, 2019

Who needs a boring coin purse when you can surprise shoppers at the cash register by popping the lid on your miniature rice cooker?  → Read more at soranews24.com


 May 13, 2019

Remember when you were taught Australia was first claimed for the British throne when it was discovered in 1770 by James Cook who promptly declared it “terra nullius”?  → Read more at news.com.au


 May 15, 2019

The 10,000-yen (US$92) coin costs a lot more than 10,000 yen.  → Read more at soranews24.com


 May 16, 2019

The Japanese government has announced a new design for the ¥500 coin. The updated version, slated to hit pockets in fiscal 2021, retains the familiar paulownia design but adds a two-tone look and features like microlettering to thwart counterfeiters.  → Read more at nippon.com


 May 16, 2019

QUEEN ELIZABETH II has her portrait printed on every UK coin in circulation, as well as on the coinage of many Commonwealth countries. Now, a Royal Mint designer has shed some light on a coin which is a particular favourite.  → Read more at express.co.uk

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Weekly World Numismatic News for May 12, 2019

The Midwest Collection of Coin Boards (Image courtesy of David Lange)

There are very few people who can amass a collection of everything dealing with one topic. Even the most famous collections limited their scope to something specific. The National Numismatic Collection has its limits. It is why when someone like David Lange makes a significant purchase of coin boards, it is exciting news for the hobby.

Coin boards came before folders and albums. They provided a way for collectors to organize their coin collection. Some dealers used them as an incentive to have people pick coins out of pocket change to sell back to the dealer. The dealer would give the board away with the offer of a reward for bringing it back once it is full of coins.

David Lange is the hobby’s leading expert on coin boards. This past week, Lange announced that he purchased a lot of more than 400 coin boards from a midwest collector dubbed the “Midwest Collection.” The hoard includes several rare coin boards.

Lange’s fascination with coin boards is evident in the three books he has published about them. The most popular is his first book, Coin Collecting Boards of the 1930s & 1940s. It is a recommended book for anyone who wants to know more about numismatic history. He is now selling the book for $19.95 ($14.95 plus $5 for shipping). See his website for more details.

Even if you do not collect coin boards, it is good that there is someone like David Lange to preserve this aspect of the hobby. Otherwise, this aspect of numismatic history would get lost and forgotten. That would be a tragedy.

Congratulation Dave!

And now the news…

 May 5, 2019

The U.S. Mint, Washington, suspended its mutilated coin redemption program this May. The U.S.  → Read more at recyclingtoday.com


 May 7, 2019

The Royal Mint has unveiled a series of special £2 coins to mark 75 years since the D-Day landings. The coins pay tribute to those involved in the events on June 6, 1944, which are widely seen as a key turning point in the Second World War.  → Read more at sports.yahoo.com


 May 9, 2019

How did these two coins, believed to be Spanish pieces dating to the 13th century, get to Glen Canyon NRA?/NPS  → Read more at nationalparkstraveler.org


 May 10, 2019

The Royal Mint produced no £2 or 20p coins in 2017 as people used change in a rush to get rid of their pound coins as the old ones went out of circulation.  → Read more at telegraph.co.uk


 May 11, 2019

Experts believe they may have found a Kilwa coin that could change what we know about the history of global trade  → Read more at theguardian.com


 May 12, 2019

JapanToday Higashi-Azabu IS bldg, 4F 1-8-1 Higashi-Azabu Minato-ku Tokyo 106-0044 Japan Tel: +81 3 5561 7755 Fax: +81 3 5561 7756 Email: editor@japantoday.com ©2019 GPlusMedia Inc.  → Read more at japantoday.com


 May 12, 2019

More than 3,000 4th Century Roman coins were found in a buried pot in Lincolnshire.  → Read more at bbc.com

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Update on Royal Australian Mint Apollo 11 Commemorative Set

With the pre-sale of the Royal Australian Mint’s 2019 two-coin set honoring the 50th Anniversary of Apollo 11 beginning, a customer service representative from the Mint clarified their shipping policy.

After purchasing the set for AU$177.27 on their website (US$123.96, up 32-cents from yesterday), they charge a flat rate of AU$35.00 (US$22.37) for shipping. Packages are shipped using Auspost eParcel which provides tracking numbers that will be available to users of the U.S. Postal Service’s tracking system.

If there are import fees and taxes, the USPS will collect those from you before delivery.

According to the Royal Australian Mint representative, the 50th Anniversary of the Lunar Landing two Coin Set will not be offered for direct sale in the United States because of licensing agreements. However, that does not affect sales on the secondary market.

Purchasing one set and having it shipped to the United States will cost AU$212.27 (US$148.43) plus surcharges added onto your credit card for the currency exchange.

Weekly World Numismatic News for May 5, 2019

In midst of the growing sentiment to rid society of low denomination coins, Britain’s Chancellor of the Exchequer Philip Hammond announced that that the country will continue to produce 1 penny and 2 pence coins.

A study by the British Treasure estimates that 2.2 million people in the U.K. continue to rely on cash for daily commerce. An independent report in the U.K. estimated that more than 8 million people rely mostly on cash. That review concluded, “Poverty is the biggest indicator of cash dependency, not age.”

It is the same argument that is presented in the United States when discussing cash versus electronic payments. Those that would be hurt the most by moving to a cashless society would be the poor, elderly, anyone of modest means, and rural communities. Areas that are not as well served by technology, even in eastern states, will be hurt by the move to a cashless payment model.

Another difference between the United Kingdom and every other country versus the United States is that every other country is not afraid to make changes to protect its change. Countries around the world make a change to their coinage without everyone going into a panic. Although the British went through a row when converting from the round pound to the new 12-sided coin, they forged through the process. Even the mention of a potential change in the composition of U.S. coinage leads to predictions of economic doom and gloom for many sectors of the economy.

The last I looked, the U.K., Canada, and the entire European Union made significant changes in their circulating coinage in the previous 20 years that has not caused a disaster. Change seems to scare many Americans who will do anything to hold on to the past no matter how much it hurts to maintain the status quo. You can look no further than the fuzzy math produced by the Government Accountability Office whose report on the coin versus paper money is an exercise in proving “Figures will not lie, but liars figure.”

And now the news…

 May 2, 2019

Turkish security forces confiscated more than 2,500 Roman and Hellenistic-era coins along with several other historical artifacts in an anti-smuggling…  → Read more at dailysabah.com


 May 5, 2019

COLUMBUS —  The latest budget plan unveiled by Ohio House Republicans would kill a sales tax exemption for investments in coins and precious metal bullion …  → Read more at toledoblade.com


 May 5, 2019

The Treasury decides to continue with copper coins and sets a plan to ensure people have access to cash.  → Read more at bbc.com

Coin Collectors News
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Weekly World Numismatic News for April 28, 2019

Just a few of the coins that I gave away from the cash register

National Coin Week has come and gone, and I did not find anything in my change. Even though I purposely carried one and five dollar bills to create change, there was nothing to be found.

In my shop, I advertised that I would trade a 40-percent silver half-dollar for a W mint quarter. Most of the people who came by did not know about the quarter.

While the lack of interest seems disheartening, there appears to be a growing problem with the coverage of these stories. Aside from a few local accounts, there were few reports from the national news media. Even with Congress being out of town this week, all of the national press seems to be buried in their respective corners looking for red meat to chew.

No wonder the public does not trust the media.

And where was the numismatic community? Last week, I was busy posting a lot of news releases from the numismatic industry (news.coinsblog.ws). This week, the only post was a found video from a few years ago. Where were the national or regional organizations?

If nobody knows the numismatic industry is here and cares then why should anyone care?

It might be time for the numismatic industry to have a lesson in public relations because if they think what they are doing now is working, the foot traffic into my shop where collectors of all type visit tell me it is not!

And now the news…

 April 11, 2019

Archaeologists have been researching interesting findings in the Liptov region. A married couple during a hike to the Choč mountain near Likavka made a great discovery of silver and two golden coins from the turn of 15th and 16th century, My Liptov wrote.  → Read more at spectator.sme.sk


 April 23, 2019

A group of amateur treasure hunters in England found a horde of gold and silver coins from the 14th-century that could be worth nearly $200,000 according to experts.  → Read more at foxnews.com


 April 24, 2019

Collectors are expected to place millions of vintage coins and paper money back into circulation as part of a nationwide event.  → Read more at mercurynews.com


 April 24, 2019

A man bought a box of Milk Duds in Tiburon this week with a handful of Indian Head cents. “We’re trying to do something here,” said Don Kagin, just before using an 1876 quarter to help pay for a pound of butter.  → Read more at sfchronicle.com


 April 25, 2019

CLAREMORE, OK. – An Oklahoma man is offering $10,000 in exchange for one penny. Richard McPheeters is a coin dealer and collector in Claremore, and he is looking for a rare penny to complete a set. This isn’t your average penny. The particular penny he is searching for is a  certified 1982 Small Date Denver mint penny made of copper. 1982 was the last year pennies were made from copper. McPheeters has 7 of these pennies out of 8 from the Denver mint and he is looking for the 8th one.  → Read more at whnt.com


 April 26, 2019

National Park Service officials at Glen Canyon National Recreation Area are puzzling over an apparent discovery of old Spanish coins — do they represent a remark  → Read more at lakepowelllife.com


 April 26, 2019

Challenge coins are handed out to commemorate American military campaigns. But the trinkets carry different weight when displayed beside tokens from earlier wars that failed.  → Read more at nytimes.com


 April 26, 2019

A Fort Mill, South Carolina man got a call from Tennessee about an unusual penny with his father’s information on it. Sgt. Clifford Wilford served the Army in Europe from D-Day to liberation during WWII.  → Read more at heraldonline.com


 April 26, 2019

NUR-SULTAN — Kazakhstan’s National Bank has issued freshly minted coins with engraved texts in the country's new Latin-based alphabet. The new tenge coins were issued on April 26 in denominations of 1, 2, 5, 10, 20, 50, and 100 tenges, the bank said in a statement.  → Read more at rferl.org

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Weekly World Numismatic News for April 21, 2019

National Coin Week is celebrated every third week of April to bring awareness to those neat little metal items jingling in your pocket as something that makes a fun collectible. This year the numismatic community is going all out to get you to look at your change with the Great American Coin Hunt. Why? Because change hunting is how many of us started. While finding silver coins may be rare (or is it?), there are still collectible coins in circulation.

Round Table Trading is a nationwide organization of coin dealers. Members of the Round Table have committed to placing collectible coins into circulation. Coins will range from Indian Head Cents to Morgan Dollars and everything in between. You may want to examine that dime you just received in change carefully because it could be a Mercury Dime that was struck by the U.S. Mint from 1916-1946.

I already own a 1909-S VDB Lincoln Cent, but I will be looking, too!

One dealer said he placed a 1909-S VDB Lincoln Cent in circulation. When the Lincoln Cent was introduced in 1909, there was an outcry because the designer of the coin, Victor David Brenner, put his initials at the bottom of the coin’s reverse. After producing 484,000 of the coins in San Francisco, production was interrupted so that new dies can be made without the “V.D.B” initials (the lack of a period after the B is not a typo). If you find a 1909-S VDB cent in your change, it will be worth about $2,000! Although I own one of these coveted coins, I will also be looking!

Also, look for coins with silver and gold stickers on them. If you find one, bring it to a coin dealer and redeem it for something worth more. Silver stickers can be traded for silver coins, and gold stickers will get you a gold coin. There are rumors that some dealers will redeem a gold sticker for a Saint-Gaudens Double Eagle ($20) gold coin worth more than $2,500.

The U.S. Mint is also participating by releasing the first-ever circulating coins with the “W” mint mark to indicate that the coins were minted at the facility in West Point, New York. In 2019, the U.S. Mint will add 10 million quarters, two million for each of the 2019 America the Beautiful Quarter Series coins, into circulation. After being struck at West Point, 1 million of each quarter will be sent to the mints at Philadelphia and Denver to be mixed in with the circulating coins that will be delivered to the Federal Reserve.

Although you might think that producing 10 million coins is not rare, consider that the U.S. Mint will produce nearly 1 BILLION quarters in a year making it about 1-percent of the Mint’s quarters production.

Finally, the American Numismatic Association is holding a 2069 coin design challenge and an Online Trivia Challenge. Visit the ANA website daily for the rules and a new daily question.

And now the news…

 April 16, 2019

GREENWICH – A high school senior from Greenwich is bringing a very modern approach to the ancient pastime of coin collection. Christian Hartch, 18, was given a small collector's book for pennies by his father, Greg, when he was 5. He's been obsessed with numismatics, the study of coins, ever since, and brought his enthusiasm to thousands of followers on YouTube.  → Read more at greenwichtime.com


 April 18, 2019

Byzantine ruler created the 438 Theodosian law code, which collected the thousands of imperial laws of the sprawling empire and officially made Jews second-class citizens  → Read more at timesofisrael.com


 April 18, 2019

A new dollar coin designed to commemorate 50 years of homosexual rights has sparked a dual backlash — from both members of Canada’s LGBT community and from a social conservative group.  → Read more at cbc.ca


 April 18, 2019

A gold and silver coins hoard was found by four treasure hunters with a metal detector in a field in Buckinghamshire and includes 12 rare full gold coins from the time of the Black Death.  → Read more at dailymail.co.uk


 April 19, 2019

2019-04-19T17:51:29.479634Z  → Read more at wmur.com


 April 20, 2019

EASTON — Take a moment to really count your change next week, you might be surprised to find some unusual and collectible coins.As part of National  → Read more at tauntongazette.com

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 Burglary-Coin Shop-Safes Torched (Apr 18, 2019)

 

Weekly World Numismatic News for April 14, 2019

Fifty cents = $5,000: The two Quarter Quest-winning PCGS First Discovery 2019-W Lowell quarter dollars side-by-side. (Photo credit: Professional Coin Grading Service www.PCGS.com.)

This week, the Professional Coin Grading Service announced that they would provide a $5,000 for the first collector to send in a new 2019-W Lowell National Historical Park quarter. By Friday, PCGS announced that two people won the prize. Each will receive $2,500.

During the week, I had two occasions to go to the bank and purchase rolls of quarters. Even though I asked for new rolls, most of the quarters I received were either from 2018 or non-W mint quarters from 2019. In the shop, I checked every quarter received for payment and when I received quarters in change.

The competitive side of me wanted to be the first, or amongst the first to find one of these quarters. Even after running errands earlier today, I did not find any coin struck in 2019.

PCGS is still rewarding those who find the W mint quarters with special labels and cash prizes. Even though the top prize was claimed, I want to find one in change!

And now the news…

 April 8, 2019

When you rifle around in your purse for some change soon, you might be lucky enough to pull out a new 50 cent coin, launched today by the Royal Australian Mint to celebrate the International Year of Indigenous Languages.  → Read more at theconversation.com


 April 9, 2019

Country continues tradition of honoring icons of art and science over politicians on its currency.  → Read more at soranews24.com


 April 9, 2019

Australia has issued a new coin celebrating some of the country’s indigenous languages, many of which are at risk of extinction.  → Read more at cnn.com


 April 10, 2019

Why is gold valuable? For thousands of years, gold has functioned as a store of wealth that sees its value climb in times of economic or societal unrest. Gold jewelry has been a sought-after luxury good since before the dawn of the first civilizations.  → Read more at gainesvillecoins.com


 April 10, 2019

SARANAC LAKE — Stephen Krupka’s metal detector beeped and wailed as he passed it over the soft ground Tuesday afternoon. “Looks like we’ve got a nickel signal here,” he said. Kneeling down, he took out a serrated hand trowel and cut a plug of grass from Denny Park on the corner of Pine Street and Bloomingdale Avenue.  → Read more at adirondackdailyenterprise.com


 April 11, 2019

A treasure hunter has struck it rich after digging up a 500-year-old gold coin that could be worth more than £4,000 ($5,200), but refuses to part with his rare find. Gareth Millward unearthed the coin in a field near Ashbourne, Derbyshire, and says it is the highlight of his four-year hobby.  → Read more at dailymail.co.uk


 April 12, 2019

(Kitco News) – Wall Street is split on the near-term direction of gold prices, while Main Street remains bullish, according to the weekly Kitco News gold survey.  → Read more at kitco.com

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 The Hunt Is On! (Apr 11, 2019)

 

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