People of a certain generation will sometimes choose to eschew a checking or savings account at a bank for their own “in-house” form of saving their money: stuffing cash in the couch. Although the rapid changes of the Digital Age have made electronic banking and even online or mobile banking more convenient for Millennials, many Baby […]
There’s a great deal of talk about “fake news” in the media these days, but we don’t as often hear about the growing pandemic of fake money. Rather than a concerted effort by determined ne’er-do-wells, this recent spate of incidents involving fake money is actually a case of Hollywood not taking better care of its props!
Although the Citizens Coinage Advisory Committee (CCAC) doesn’t get a great deal of attention, the volunteer committee that helps choose new U.S. commemorative coin designs is about to get an injection of star power: Basketball Hall-of-Famer Kareem Abdul-Jabbar has accepted a position on the committee. In addition to his instant name recognition (and unmistakable 7’2″ […]
Here is a caper that is perhaps more fit to grace the pages of a movie script than a news site, but it is true nonetheless. Over £33,000 ($41,000) in coins were stolen from a distribution company in the Stoke Gifford village of South Gloucestershire, England. It was not the sum but the method by […]
The new president has trumpeted the promise to “Make America Great Again,” or simply known as the shorthand #MAGA, a central and consistent refrain of his agenda. It seems that one of Donald Trump’s first orders of business is making the U.S. dollar great again.
It’s not often that the subjects of coins or precious metals are cast in a prominent role in the media. Aside from the occasional news story about the discovery of a rare coin or some other numismatic happening with national interest, it’s safe to say that coins don’t make it into many Hollywood scripts. However, […]
Last fall, an 86-pound bucket of gold flakes was stolen from an armored truck in Manhattan. The estimated value of the bucket—$1.6 million. After an exhaustive search, the alleged thief was brought to justice on January 20th.
The Chinese Lunar New Year begins on February 8th, reckoned in this calendar as the year 4714. It is also a time to welcome in the Year of the Rooster in the 12-year Lunar cycle. For those curious about their own birth year, the Year of Rooster arrived in 1921, 1933, 1945, 1957, 1969, 1981, 1993, […]
Since the presidential election in November, the financial sector has ridden a fantastic rally to heights that only a few short months ago seemed improbable. Some of the biggest banks in the U.S. have seen their share prices rise by 20% to 30% in less than a quarter. Now, the executives running these TBTF banks […]
We have all heard enough Hollywood stories of excess, squandered fortunes, and poor decisions to know that star entertainers don’t always hold onto the millions of dollars they earned in showbiz. Yet, it seems that the beloved pop star Prince, who passed away in 2016, was one of the wiser investors among his peers in […]
In small, highly pure particles, gold is present virtually everywhere. Sure, the amounts are microscopic, but you’d be shocked by how much gold is drifting around in the ocean in the form of flakes, or twinkling through rivers and streams that have carved through ancient rock formations where it may also be found as gold dust. […]
People are finding rare or historic antiques like furniture, art, and precious metals in old family homes and estate sales on a somewhat regular basis. If this wasn’t the case, popular television programs like Pawn Stars and Antiques Roadshow would not be on the air. Yet one family in Shropshire, England never expected they would find gold hidden in […]
The Royal Australian Mint, which handles the production of all of Australia’s circulating coinage, has a wonderful way of ringing in the New Year’s Day holiday. This annual celebration with the public is quickly becoming a tradition at the mint.
In finance and investing, a “Black Swan” is a symbol for an unexpected event or factor that causes a sudden shock to markets. An unforeseen shift in political power, a war breaking out, or any number of troubling events could result in the market disruptions and dislocations that characterize a Black Swan. Investors (as a […]
Could you ever imagine someone throwing away a commodity as valuable as gold? As difficult as it may be to believe, people are literally flushing millions of dollars worth of gold down the drain each year! It begs a rather strange pair of questions: How much lost gold is really hidden in our sewer systems? […]
Sometimes, developments in the real world tap into our memories and feelings as they relate to a work of fiction. This is perhaps no more acutely felt than in situations where real-life artifacts tell us something about a romanticized period in the past. In this case, the Sherwood Forest of Robin Hood lore has yielded […]
Most of the time, when the topic of lost treasure is brought up, it falls into one of two categories: centuries-old shipwrecks and hidden Nazi gold. However, there is another major source of mythologized stories of long-forgotten gold riches that dates back to the WWII era: Yamashita’s gold.
What might a coin that was struck from glass look like? If this seemingly absurd question sparks your interest, January is your opportunity to finally see one! The improbable glass cent pattern, a trial piece from 1942, that was discovered earlier this year will hit the auction block in Fort Lauderdale, Florida next month.
Remember those hats, t-shirts, and other apparel that suggested various targets for the Dow Jones Industrial Average? As the Dow Industrials index approaches 20,000 for the first time ever, it’s amusing to take a look at the irony inherent in the stock market exuberance that these targets embody.
For years, a heart-warming tradition has been circulating around the U.S. during the Thanksgiving and Christmas holiday season. Across the country, anonymous Good Samaritans have made a tradition out of donating a variety of gold coins to the Salvation Army through its signature red kettles.