Keyword: coins

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  • Congressman Demands Investigation of FDIC “Choke Point” Policy [satire]

    12/17/2014 9:38:51 AM PST · by John Semmens · 2 replies
    Semi-News/Semi-Satire ^ | 13 Dec 2014 | John Semmens
    Rep. Blaine Luetkemeyer (R-Mo) is demanding an investigation of the Federal Deposit Insurance Corporation’s “Operation Choke Point” practices. Under these practices, the FDIC pressured banks to freeze or close accounts of businesses that the US Department of Justice designated as “anti-social enterprises.” Among the businesses targeted by DOJ are firearms sellers, coin dealers, and pharmaceutical sales. Martin Gruenberg, chairman of the FDIC, admitted that “while these businesses are not illegal, per se, the president has made it very clear that they are outside the boundary of the type of businesses he thinks we ought to have in our society. There...
  • Mould for minting Roman coins found in Talkad [India]

    05/30/2014 4:39:12 PM PDT · by SunkenCiv · 13 replies
    Deccan Herald ^ | May 19, 2014 | Akram Mohammed
    For those who think financial fraud or circulating fake currencies is a modern day phenomenon, an ancient Roman coin mould on display at the Department of Archaeology, Museums and Heritage in the city is a startling revelation. The Roman coin mould, which is being displayed for the first time since its excavation in 1993, indicates that fake coins were in circulation around 19 to 20 centuries ago. The terracotta mould is among the most important objects displayed at the exhibition, apart from terracotta figurines, iron objects, bronze dies, stone beads. M S Krishnamurthy, a retired professor of Archaeology who led...
  • ISIS Unveils Its New Gold-Backed Currency To Remove Itself From "The Oppressors' Money System"

    11/13/2014 8:32:33 AM PST · by Rusty0604 · 45 replies
    Zerohedge ^ | 11/13/2014 | Tyler Durden
    . It appears the rumors are true. Islamic State is set to become the only 'state' to back its currency with gold (silver and copper) as it unveils the new coins that will be used in an attempt to solidify its makeshift caliphate. ISIS says the new currency will take the group out of "the oppressors' money system." As Zaid Benjamin notes, ISIS releases details of its new currancy with golden 1 & 5 dinar, silver 1, 5, 10 dirham and copper 10 & 20 fils It seems Alan Greenspan may have been on to something after all... "Remember what...
  • Now ISIS wants to introduce its own currency: Plans to bring back solid gold and silver ...

    11/11/2014 8:32:13 AM PST · by Rusty0604 · 34 replies
    Daily Mail ^ | 11/10/2014 | Emma Glanfield
    ISIS wants to introduce its own currency and plans to bring back solid gold and silver dinar coins, it has emerged. The Middle East terror group apparently wants to introduce its own Islamic currency as part of its attempts to solidify its makeshift caliphate. The currency known as the dinar, which once consisted purely of gold and silver coins, is today used by a variety of countries, but the coins are created from different materials to the originals. However, the jihadi group is understood to be planning to return to the original gold and silver coins, which were first introduced...
  • Chinese-made U.S. military coins should be outlawed, Stilp says

    08/27/2014 3:18:52 PM PDT · by george76 · 17 replies
    PennLive ^ | August 26, 2014 | Jan Murphy
    Learning that U.S. Navy commissioning coins were made in China is more than Middle Paxton Twp. resident Gene Stilp can tolerate. The citizen activist doesn't like seeing the "Made in China" label on any product, knowing it signals the continued erosion of America's manufacturing base. But having the United States military buying Chinese-made commemorative coins is an insult to those who wear its uniforms, he said. On Monday, Stilp asked U.S. Sen. Bob Casey, D-Pa., to push for a federal law barring any branch of the military from buying collectible coins minted outside the nation's borders. The Democratic state House...
  • Thousands of silver coins discovered in condemned St. Cloud house ( Florida )

    08/11/2014 6:33:23 AM PDT · by george76 · 25 replies
    Orlando Sentinel ^ | August 8, 2014 | Henry Pierson Curtis
    Treasure: 60 lbs of silver coins hidden for decades. Thousands of silver coins dating to early 1900's showered from a secret hiding place when a century-old home was demolished . ... The house was full of Florida junk," neighbor Jim Tuck said Friday about the 60 pounds of silver coins discovered in the recently demolished North Minnesota Avenue home. "It was grab, grab, grab and then talk, talk, talk." Stored for decades inside the walls, large glass pickle jars holding the more than 2,000 coins shattered when a crew of St. Cloud city workers leveled 1915 bungalow on April 22....
  • Researchers Find Rare Coin, Other Artifacts at Bethsaida Dig Site

    07/22/2014 3:04:14 PM PDT · by SunkenCiv · 23 replies
    University of Nebraska Omaha ^ | July 17, 2014 | Charley Reed
    The highlight of the excavation was the discovery of a Judea Capta coin, which was minted by Roman Emporor Domitian during his reign of 81 – 96 CE in honor of the conquest of Judea and the destruction of Jersusalem in 70 CE by his father, Vespasian, and brother, Titus. Christie Cobb, a doctoral student at Drew University in New Jersey, discovered the coin. There are only 48 other versions of this coin that have been found, and fewer still at Biblical sites such as Bethsaida. “The coin confirms other ceramic data about the date of the large Roman period...
  • Dovedale Roman and Iron Age coins found after 2,000 years

    07/08/2014 7:40:42 AM PDT · by BenLurkin · 5 replies
    bbc.com ^ | 6 July 2014 Last updated at 21:15 ET
    The treasure trove was unearthed after a member of the public stumbled across four coins in the cave in Dovedale in Derbyshire's Peak District. The discovery prompted a full-scale excavation of the site. Experts say it is the first time coins from these two separate civilisations have been found buried together. Archaeologists discovered 26 coins, including three Roman coins which pre-date the invasion of Britain in AD43, and 20 other gold and silver pieces which are Late Iron Age and thought to belong to the Corieltavi tribe. Although Roman coins have often been found in fields, this is understood to...
  • California couple's buried gold coins go for sale

    05/27/2014 1:54:15 PM PDT · by mdittmar · 29 replies
    yahoo ^ | 5/27/2014 | ap
    <p>WHY ARE THEY SO VALUABLE?</p> <p>Experts say paper money was illegal in California until the 1870s, so it's extremely rare to find any coins from before that period. Additionally, most of the coins are in mint condition, having been stashed away seemingly immediately after they were minted. They were valued by Don Kagin, a numismatist who is handling the sale and marketing of the coins.</p>
  • Why Soldiers Leave Coins as a Memorial

    05/23/2014 9:58:48 PM PDT · by george76 · 7 replies
    kgw ^ | May 20, 2014
    Have you ever noticed coins on a gravestone, and wondered why they were there? When a U.S. service member or loved one leaves a coin on a gravestone it has special significance. Though the meaning of this custom has changed over time, it’s a tradition with a long history.The idea of leaving coins with the departed dates back as far as the Greeks and Romans. According to Greek mythology, the River Styx separates the living from the dead and Charon, the ferryman of Hades, will not carry your soul across without a payment. So unless you had a coin, your...
  • Amateur archaeologists unearth Viking gold

    05/05/2014 1:53:13 PM PDT · by SunkenCiv · 15 replies
    Copenhagen Post ^ | April 29, 2014 | AJ
    Unique samples were among the 250 ancient coins found in Bornholm After hours of searching through the mud with metal detectors, amateur archaeologists Frank Pelle and Bent Gregersen made the discovery of their lives on a ploughed field in Bornholm earlier in April. The two lucky gold-diggers found an ancient Viking gold treasure hidden in the ground. "It was an amazing feeling, for we had searched for hundreds of hours without luck," Pelle told Ekstra Bladet. Thousand-year-old treasure After studying x-rays of collected earth samples, Bornholms Museum, the local archaeological museum, estimated that the treasure of 250 gold and silver...
  • Could a rusty coin re-write Chinese-African history?

    10/18/2010 11:30:24 AM PDT · by Palter · 45 replies
    BBC ^ | 18 Oct 2010 | Peter Greste
    It is not much to look at - a small pitted brass coin with a square hole in the centre-but this relatively innocuous piece of metal is revolutionising our understanding of early East African history, and recasting China's more contemporary role in the region. A joint team of Kenyan and Chinese archaeologists found the 15th Century Chinese coin in Mambrui-a tiny, nondescript village just north of Malindi on Kenya's north coast. In barely distinguishable relief, the team leader Professor Qin Dashu from Peking University's archaeology department, read out the inscription: "Yongle Tongbao" - the name of the reign that minted...
  • A Roman hoard from the end of empire

    05/01/2014 9:44:13 AM PDT · by SunkenCiv · 46 replies
    Past Horizons ^ | April 27, 2014 | VU University Amsterdam
    Dutch archaeologists have recently completed the rescue excavation of a unique treasure hoard dating to the beginning of the 5th century AD, from a field in Limburg... According to the Byzantine historian Zosimus, Constantine III tried to re-secure the entire Roman Rhine frontier against Germanic invaders... The historians Orosius and Zosimus tells us that Constantine III solved the problem of the invading Germanic groups by liberal use of the money bag along with developing close alliances to Germanic warlords on both sides of the Rhine... The Echt hoard would therefore have belonged to a Germanic officer in Roman service –...
  • $10 Million Gold Coin Find May Have Been Stolen from San Francisco Mint

    03/04/2014 6:34:12 PM PST · by rktman · 26 replies
    Bretibart.com ^ | 3/4/2014 | Unknown
    A US couple who unearthed gold coins worth more than $10 million might have to return them as they may have been stolen, a report said. The California couple uncovered eight cans filled with more than 1,400 coins on their property, in what is believed to be the most valuable treasure trove ever discovered in the United States. They took them to a firm specializing in ancient coins, Kagin's Inc, which valued them and announced last week that they will sell them, via online retail giant Amazon.
  • $10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

    03/04/2014 4:39:40 PM PST · by Extremely Extreme Extremist · 41 replies
    YAHOO NEWS ^ | 04 TUESDAY 2014 | YAHOO NEWS
    A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report. The San Francisco Chronicle's website reported that a search of the Haithi Trust Digital Library provided by Northern California fishing guide Jack Trout, who is also a historian and collector of rare coins, turned up the news of the theft. The California couple, who have not been identified, spotted the edge of an...
  • Could newly discovered gold coins be the haul stolen by ... San Francisco Mint employee in 1901?

    02/26/2014 9:32:34 PM PST · by Uncle Chip · 26 replies
    The Daily Mail Online ^ | February 26, 2014 | CHRIS WHITE IN SAN FRANCISCO and DAVID MCCORMACK Read more: http://www.dailymail.co.uk/news/article
    Treasure hunting enthusiasts weigh in on origins of couple's $10 million findThe mysterious haul of gold coins discovered by a Northern California couple while out walking their dog – and valued at $10 million – may well be a previously undiscovered bounty that an employee of the San Francisco Mint was convicted of stealing in 1901. The couple, who haven’t been named, stumbled across the haul of 1,427 rare, mint-condition gold coins, nearly all dating from 1847 to 1894, buried in the shadow of an old tree on their Gold Country property in February 2013. The face value of the...
  • Couple That Found $10 Million in Gold Coins Will Have to Hand Over HOW MUCH in Taxes?

    03/01/2014 5:56:10 AM PST · by rktman · 53 replies
    The Blaze ^ | 2/28/2014 | Becket Adams
    A California couple that discovered $10 million worth of gold coins last year will have to pay nearly half that amount in federal and state income tax, regardless of whether they sell the coins.
  • Former PM's face seen in 2,000-year-old coin[UK][Prime Minister Margaret Thatcher]

    10/02/2008 7:12:32 AM PDT · by BGHater · 28 replies · 1,264+ views
    Grantham Journal ^ | 02 Oct 2008 | Grantham Journal
    Thursday, 2pm - AN Iron Age coin depicting a warrior leader bearing an uncanny likeness to Grantham-born former Prime Minister Margaret Thatcher has been found just a few miles from her birth place. Metal detectorist David Baker was searching a muddy field near Grantham when he uncovered the 2,000-year-old silver coin. On one side was the head of a tribal leader or goddess that looked just like Margaret Thatcher. On its reverse was a celtic armed war horse - imagery associated with Lady Thatcher during her 1980s pomp. David, 40, said: "I'd gone out detecting for the day to get...
  • Treasure hunters set to coin it with Roman haul[UK]

    10/29/2008 7:16:05 PM PDT · by BGHater · 16 replies · 641+ views
    MK News ^ | 29 Oct 2008 | LAURA HANNAM
    As the credit crunch hits pensioners across the country one pair have hit the jackpot by finding buried treasure. Barrie Plasom and Dave Phillips The finders of a hoard of thousands of Roman coins agree with the words inscribed on them; 'happy times are here again'. The collection of bronze coins, which may be worth hundreds of thousands in sterling, were discovered in a field north of Newport Pagnell and have now been declared as treasure. It was discovered by a pair of experienced metal detectorists on ploughed farmland on December 1, 2006. An investigation into the find was concluded...
  • Ancient coin has ironic currency[Massachusetts]

    06/03/2009 10:37:55 AM PDT · by BGHater · 14 replies · 919+ views
    Cape Cod Online ^ | 02 June 2009 | Mary Ann Bragg
    NORTH TRURO — As Truro celebrates its 300th birthday, one of its residents has unearthed a silver coin that's even older. Peter Burgess, who owns a house next to Old North Cemetery and the site of an early church and meeting house, found a thin coin in his yard a year ago. He was moving dirt in his garden. He picked up the brown disc, which is about the size of a dime and bears markings near the edges. The story of Burgess' find comes at a fortuitous moment, as this seaside village commemorates its incorporation on July 16, 1709....
  • Palestinians find ancient coin hoard in Gaza

    01/14/2010 7:13:26 PM PST · by SunkenCiv · 9 replies · 759+ views
    Google hosted news ^ | Tuesday, January 12, 2010 | AFP
    The Hamas-run ministry of tourism and antiquities in Gaza on Monday announced the discovery of ancient artifacts near the Egyptian border town of Rafah. "The most important of the findings are 1,300 antique silver coins, both large and small," said Mohammed al-Agha, tourism and antiquities minister in the Islamist-run government. He said archaeologists had also uncovered a black basalt grinder, a coin with a cross etched on it, and the remains of walls and arches believed to have been built in 320 BC. They also discovered a "mysterious" underground compartment with a blocked entrance that appeared to be a tomb,...
  • Woman who found coin ... in garden becomes first to be prosecuted for not reporting treasure [UK]

    02/26/2010 3:55:33 PM PST · by Daffynition · 143 replies · 2,748+ views
    Daily Mail ^ | 26th February 2010 | Andy Dolan and Dalya Alberge
    A woman who found a 700-year-old silver 'coin' whilst digging in her garden as a child has become the first in the country to be convicted of failing to hand in suspected treasure. Kate Harding, 23, was prosecuted under the Treasure Act after she ignored orders to report the coin-like artefact to a coroner. A court heard the silver piedfort marking Charles IV's ascension to the French throne in 1322 was discovered by Miss Harding 14 years ago as she worked in the garden with her mother at their home in Tenbury Wells, Worcestershire. Following her mother's death a short...
  • Rare coin bears good tidings for UNOs Israeli excavations

    07/05/2010 1:00:12 PM PDT · by SunkenCiv · 18 replies
    Archaeology Daily ^ | Saturday, July 3, 2010 | Omaha World Herald
    Dr. Rami Arav... is director of excavation and research at the University of Nebraska at Omaha's Bethsaida Excavations Project, a 24-year effort to uncover the archaeological mysteries of the biblical-era city. The coin, which weighs 7 grams, is 97.6 percent gold, Arav said. The find was unexpected because Bethsaida primarily was home to humble fishermen, he said. Arav said somebody must have been doing good business a little more than 100 years after the birth of Christ. The gold coin, about three-quarters of an inch in diameter, carries the image of Antoninus Pius, the 15th Roman emperor, who reigned between...
  • Israel Finds Rare 2,200-Year-Old Gold Coin

    08/11/2010 5:21:36 PM PDT · by BlackVeil · 37 replies
    NPR ^ | 11 Aug 2010 | anon
    Archaeologists say they have uncovered the heaviest and most valuable gold coin ever found in Israel. The 2,200-year-old coin weighs an ounce (28 grams) and was found at the Tel Kedesh site near the Lebanon border on June 22, according to Wednesday's statement from the antiquities authority. It said this coin is six times the weight of most others from that era. Donald Ariel, head of the antiquities authority coin department, said the coin dates back to the rule of the Iraq-based Seleucid Empire, though it was minted by the rival Egyptian Ptolemies. Ariel said the coin's image may represent...
  • WTC Ship Gives Up Lucky Coin

    09/10/2010 7:06:18 PM PDT · by SunkenCiv · 8 replies
    Discovery News ^ | Friday, September 10, 2010 | James William
    Lucky coin? Ever since the 2nd century B.C. -- not long after Romans began minting coins -- shipbuilders have been slipping a coin into the structure of their ships. It's a tradition that continues today. In fact, the USS New York -- made partially from steel recovered from the World Trade Center towers -- did it as well (see "What is Stepping the Mast?"). For the ancient Romans it was likely a continuation of religious customs. Now it's just a tradition and done for good luck. So we didn't find it during the five days we were actually excavating it....
  • A Medieval Coin in New England Soil

    09/12/2010 3:35:25 PM PDT · by SunkenCiv · 21 replies
    Beachcombing 'blog ^ | September 11, 2010 | eponymous blogger
    It was only when the coin was later identified as Viking that the game heated up. By then poor Mellegren -- who, Beachcombing must say was someone with a reputation for integrity -- had passed away. Beachcombing has no illusions about much of the nonsense written about pre-Columbian visits to North America. But in this case he would give a thumb and a half followed by two cheers and three quarters. There is a good chance that this really is what it seems: A European coin that found its way to North America in the twelfth century. Minted in Norway,...
  • Emperor Caligula Gold Coin Found Underwater Near Cyprus

    08/27/2012 7:05:53 PM PDT · by SunkenCiv · 24 replies
    Greek Reporter (Source: onair24) ^ | August 21, 2012 | Marianna Tsatsou
    A significant archaeological finding, a gold coin, has been reported discovered underwater in the area between Limassol and Larnaca by a local amateur fisherman. According to Cypriot authorities, the coin is of great value. Cypriot media reported that it dates back to the first century A.D. and depicts the third Roman emperor called Caligula, well-known for his fierce and brutal policy during his reign. On this coin, Caligula is sacrificing an animal before the Temple of Augustus, which is constituted by six pillars. Many coins of the same age have been found over the course of time, but this one...
  • How to follow the money in rare-coin collecting

    09/06/2012 6:26:16 AM PDT · by shove_it · 11 replies
    Market Watch ^ | 6 Sep 2012 | David B. Wilkerson
    <p>This 1898 Liberty Head Half-Dollar is an example of a coin that received one grade and, upon resubmission, earned a higher grade — and thus a higher market value.</p> <p>CHICAGO (MarketWatch) — Coin dealer James DiGeorgia saw it for just a moment — a rare Roman gold coin he found extremely desirable — but he hesitated before deciding to buy it.</p>
  • Judge: Family’s $80 Million Gold Coin Collection Belongs to Uncle Sam

    09/08/2012 11:35:22 PM PDT · by grundle · 96 replies
    theblaze.com ^ | September 8, 2012 | Erica Ritz
    A judge has ruled that ten rare gold coins worth roughly $80 million belong to the U.S. government, not the family that possessed them, according to ABC News. In 2003 Joan Langbord and two other family members opened a safety deposit box that belonged to Langbord’s father, Philadelphia coin dealer Israel Switt, and found the valuable collection. When they asked the Philadelphia Mint to authenticate the find, the coins were apparently seized without compensation and taken to Fort Knox. The 1933 Saint-Gaudens double eagle is “one of the most sought-after rarities in history,” according to Courthouse News. Originally valued at...
  • Calif. couple strike $10 million gold-coin bonanza

    02/25/2014 2:15:04 PM PST · by Theoria · 61 replies
    AP ^ | 25 Feb 2014 | John Rogers
    <p>A Northern California couple out walking their dog on their property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.</p> <p>Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition, said David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them. Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.</p>
  • California Couple Finds $10M Buried Treasure in Back Yard

    02/25/2014 7:26:13 PM PST · by shove_it · 33 replies
    Yahoo ^ | 25 Feb 2014 | Dina Abou Salem
    A California couple spotted the edge of an old can on a path they had hiked many times before. Poking at the can was the first step in uncovering a buried treasure of rare coins estimated to be worth $10 million. "It was like finding a hot potato," the couple told coin expert Dr. Don Kagan from Kagin's, Inc. The couple hired the president of Kagin's, Inc. and Holabird-Kagin Americana, a western Americana dealer and auctioneer, to represent them. "Since 1981, people have been coming to us with one or two coins they find worth a few thousand dollars,...
  • California couple in $10M gold find may owe gov’t about half, report says

    02/27/2014 1:26:08 PM PST · by Doogle · 60 replies
    foxnews ^ | 02/27/2014 | FOXNEWS
    One couple's gold find could mean a jackpot for the IRS. The Northern California couple that found $10 million worth of rare, mint-condition gold coins buried in the shadow of an old tree on their property will likely owe about half the find's value whether they sell the gold or not. The San Francisco Chronicle reports that the find is a taxable event under a 1969 federal court ruling that held a "treasure trove" is taxable the year it was discovered. "If you find and keep property that does not belong to you that has been lost or abandoned (treasure-trove),...
  • Could newly discovered gold coins be the haul stolen by SF Mint employee in 1901? [GOLD COINS]

    02/26/2014 7:49:29 PM PST · by BunnySlippers · 113 replies
    DAILY MAIL UK ^ | 02/26/14 | STAFF
    The mysterious haul of gold coins discovered by a Northern California couple while out walking their dog – and valued at $10 million – may well be a previously undiscovered bounty that an employee of the San Francisco Mint was convicted of stealing in 1901. The couple, who haven’t been named, stumbled across the haul of 1,427 rare, mint-condition gold coins, nearly all dating from 1847 to 1894, buried in the shadow of an old tree on their Gold Country property in February 2013. The face value of the Saddle Ridge Hoard, as they’ve called it, added up to about...
  • Couple Stumbles Upon $10 Million in Rare Coins

    02/26/2014 5:52:38 PM PST · by aMorePerfectUnion · 25 replies
    ABC News ^ | February 26, 2014 | By JOHN ROGERS
    A Northern California couple out walking their dog on their property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree. Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition, said David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them. Although the face value of the gold pieces only adds up to more than $28,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece. [continued at link]
  • NorCal Couple Finds $10M In Gold Coins; May Be Greatest Buried Treasure Ever Found In U.S.

    02/26/2014 6:17:45 AM PST · by Red Badger · 55 replies
    http://sanfrancisco.cbslocal.com ^ | February 25, 2014 11:40 PM | Staff
    TIBURON (CBS SF) – A couple has made the buried treasure find of a lifetime – gold coins worth millions of dollars – on their property in Northern California. A cache of more than 1,400 rare U.S. gold coins, stored in decaying metal cans and buried near an old tree on the property, was discovered as the couple were taking their dog on a daily walk. The estimated value is believed to be in excess of $10 million and may be the most valuable hoard of gold coins unearthed in North America, according to veteran numismatist Don Kagin. Kagin, president...
  • California couple finds $10 million in rare coins while out walking dog

    02/25/2014 4:49:29 PM PST · by ConservativeStatement · 30 replies
    AP ^ | February 25, 2014/
    LOS ANGELES – A Northern California couple out walking their dog on their Gold Country property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.
  • As He Clips Our Coins, Bernanke Steals A Page From Nero's Playbook

    10/01/2013 9:38:18 AM PDT · by george76 · 82 replies
    Forbes ^ | 9/25/2013 | Keith McCullough
    In 64 A.D., in a naďve attempt to deceive the populace, Nero decreased the silver content in the coins and made silver and gold coins slightly smaller ... central planners have been clipping coins and devaluing the The People’s hard-earned currency for at least two thousand years. The Roman Emperor Nero of course devalued the Roman currency for the first time in the Empire’s history. What was it that gave both the Roman and Ottoman Empires the audacity to plunder the purchasing power of their people? After 200 years of operating as an independent bank, what made the British Empire...
  • $250,000 in rare coins stolen in Idaho home invasion

    08/06/2013 9:40:59 PM PDT · by cutty · 22 replies
    KTVB ^ | August 5, 2013
    COEUR D’ALENE, Idaho -- Several hundred thousand dollars worth of rare silver and gold coins were stolen in a burglary early Sunday in Coeur d’Alene. It happened around 12:55 a.m. when the 54-year-old homeowner returned home to find an unknown man standing in her doorway and a car parked in her driveway. When she asked him what he was doing in her home, a second man emerged from the car. ... Police said the thieves took two safes filled with rare coins valued at a total of $250,000.
  • African Coins Found In Australia: 1,000-Year-Old Discovery May Rewrite Country's History

    05/22/2013 8:07:24 AM PDT · by Renfield · 23 replies
    International Business Times ^ | 5-20-2013 | Zoe Mintz
    Australians may need to rewrite their history textbooks. A new archaeological expedition may prove that the continent may have been discovered earlier than previously thought. Ian McIntosh, professor of anthropology at Indiana University, says he plans on visiting the location where five African coins were found in Australia’s Northern Territory in 1944 that have proven to be 1,000 years old, AAP reports. “Multiple theses have been put forward by noted scholars, and the major goal is to piece together more of the puzzle. Is a shipwreck involved? Are there more coins? All options are on the table, but only the...
  • 1000-year-old coins found in Northern Territory may rewrite Australian history

    05/20/2013 1:31:34 PM PDT · by Theoria · 23 replies
    News.com.au ^ | 20 May 2013 | BARBARA BARKHAUSEN
    REMEMBER when you were taught that Australia was discovered by James Cook in 1770 who promptly declared it "terra nullius" and claimed it for the British throne? Turns out that could be completely and utterly wrong. Five copper coins and a nearly 70-year-old map with an "X" might lead to a discovery that could rewrite Australia's history. Australian scientist Ian McIntosh, currently Professor of Anthropology at Indiana University in the US, is planning an expedition in July that has stirred up the archaeological community. The scientist wants to revisit the location where five coins were found in the Northern Territory...
  • Your Nickel Could Be Worth $4 Million

    04/26/2013 10:02:19 PM PDT · by nickcarraway · 23 replies
    ABC News ^ | Apr 26, 2013 | Alexa Valiente
    Two men became the new proud owners of a rare 1913 Liberty Head nickel, which was hidden in a closet for 41 years after its owners were mistakenly told it was fake. Larry Lee, 63, from Panama City, Fla., and Jeff Garrett, 54, from Lexington, Ky., paid $3,172,500 for the coin from Heritage Auctions in Schaumburg, Ill., on Thursday. “I love rare coins,” Lee told ABCNews.com. ”For anyone connected to coins, this is like a dream come true.” Lee and Garrett bought the coin in partnership. Garrett, who was one of a team of experts brought in to authenticate the...
  • Rare 1913 nickel fetches over $3.1M at auction

    04/26/2013 5:49:12 PM PDT · by Daffynition · 41 replies
    SCHAUMBURG, Ill. — A rare century-old U.S. nickel that was once mistakenly declared a fake and forgotten about for decades has sold at auction for more than $3.1 million. The 1913 Liberty Head nickel is one of only five known to exist. But it's all the more prized because of its unusual back story: It was surreptitiously and illegally cast, discovered in a car wreck that killed its owner, declared a fake, forgotten in a closet for decades and then declared the real deal. It was offered up for sale Thursday by four Virginia siblings at a rare coin and...
  • gold coins on ebay

    04/26/2013 5:47:16 AM PDT · by TurboZamboni · 27 replies
    muhself ^ | 4-26-13 | me
    anyone have a seller they trust or recommend for buying gold coins?
  • The U.S. Mint Halts American Gold Eagle Sales

    04/24/2013 1:11:26 PM PDT · by shove_it · 24 replies
    WallStCheatSheat ^ | 24 APR 2013 | Eric McWhinnie
    The price movement of gold often attracts a great deal of attention. When the precious metal makes a noticeable increase, it regularly leads to perma-bulls calling for the next great explosion. On the other hand, any dips or corrections lead to critics calling for an end to the 12-year bull market. Both sides are debatable, but there is clearly an interest in gold and silver at the U.S. Mint. ~snip~ Due to heavy demand, the U.S. Mint has halted sales of the one-tenth ounce American Gold Eagle, its smallest-denomination gold bullion coin. This is the first time the Mint has...
  • Ancient Chinese coin found on Kenyan island by Field Museum expedition

    03/14/2013 11:12:05 AM PDT · by Red Badger · 40 replies
    Phys.Org ^ | 03-14-2014 | Provided by Field Museum
    A joint expedition of scientists led by Chapurukha M. Kusimba of The Field Museum and Sloan R. Williams of the University of Illinois at Chicago has unearthed a 600-year-old Chinese coin on the Kenyan island of Manda that shows trade existed between China and east Africa decades before European explorers set sail and changed the map of the world. The coin, a small disk of copper and silver with a square hole in the center so it could be worn on a belt, is called "Yongle Tongbao" and was issued by Emperor Yongle who reigned from 1403-1425AD during the Ming...
  • Buying Silver At $100 And The Rebirth Of Counterfeiting

    01/20/2013 6:30:10 AM PST · by blam · 53 replies
    TMO ^ | 1-20-13 | Dr Jeff Lewis
    Buying Silver At $100 And The Rebirth Of Counterfeiting Commodities / Gold and Silver 2013January 19,2013 By: Dr Jeff Lewis The debate about buying silver rounds, “junk silver” or silver Eagles goes on and on. Although better prices may be available on silver rounds, investors continue to worry about the “China scare” and rumors of counterfeit silver coins. Also, the confiscation* of fiat money purchasing power via inflation will happen long before counterfeit makes an impact, so getting more metal for the money makes the most sense at this time. *(Confiscation of actual metal is separate issue we cover elsewhere)....
  • New silver and gold coins

    12/17/2012 10:25:09 AM PST · by Greysard · 9 replies
    Central Bank of Russia ^ | 12/17/2012 | Central Bank of Russia
    The Department of External and Public Relations of the Bank of Russia informs that on 17 December 2012 in the framework of the monetary program "Sochi 2014" Bank of Russia issues bullion coins dedicated to the XXII Olympic Winter Games 2014 in Sochi: 3 Rubles silver, gold nominal 50 and 100, with the year of issue "2012".
  • Bid Farewell to Pennies and Nickels!

    11/27/2012 1:30:24 PM PST · by angelcindy · 202 replies
    Wealth Wire ^ | , November 26th, 2012 | Brittany Stepniak
    The U.S. is following Canada's footsteps regarding the production of pennies and nickels. According to U.S. Treasury Secretary Tim Giethner, our U.S. Mint intends to remove the penny and nickel coins from circulation beginning early in January 2013.
  • Gold coins from the Crusades found in Israel

    07/17/2012 5:13:53 AM PDT · by NYer · 14 replies
    cna ^ | July 16, 2012
    Tel Aviv, Israel, Jul 16, 2012 / 04:08 pm (CNA/EWTN News).- Israeli archeologists have found more than one hundred gold coins from the time of the Crusades, when conflict arose between Muslims and Christians over control of the Holy Land. “It is an unusual find. We don’t have much gold from the time of the Crusades,” said Oren Tal, a professor at the University of Tel Aviv who led the investigation. The treasure was found in the ruins of a castle in Arsuf, a strategic bastion during the Crusades of the 12th and 13th centuries. The 108 coins –...
  • Extremely Rare Coin Up For Auction (maybe)

    05/15/2012 10:16:58 PM PDT · by Oshkalaboomboom · 10 replies
    Four Seasons Auction gallery ^ | 05/16/2012 | Oshkalaboomboom
    WE ARE HONORED TO HAVE BEEN CHOSEN TO SELL WHAT MAY BE THE "LOST 1870 S THREE DOLLAR GOLD COIN" FROM THE SAN FRANCISCO MINT. THE STORY GOES THAT THE ORIGINAL COIN WAS PLACED AS A CORNER STONE OF THE MINT IN 1870, NOT THERE NOW!!! THE SAME MOLD WAS USED TO MAKE A SECOND COIN HOWEVER THE MOLD WAS DAMAGED DURING THE FIRST STRIKE. THE INFOMATION WE HAVE IS THE SECOND COIN HAS A REPAIRED "S" DONE AT THE MINT. THIS IS POSSIBLY THE COIN WE HAVE FOR AUCTION. THE ONLY OTHER 1870 S THREE DOLLAR GOLD COIN KNOWN...