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Australian man unearths 145-ounce gold nugget...
by Paul Gilkes 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 in Australia, by Minelab, the metal-detecting equipment manufacturer whose flagship GPZ 7000 model metal detector was used to locate the...
Tokyo 2020 Olympic medals might be made of e-waste
by Colin Sallee Tokyo is one of the biggest tech hubs in the world, and the gold and silver in electronic devices disposed of by the people of Japan e-waste amounts to 16 percent and 22 percent, respectively, of the world's supply of e-waste, according to Nikkei Asian Review.
Britain’s ‘Cartwheel’ coins reflect Industrial...
by Jeff Starck In the late 1700s, a serious shortage of coinage in England led to an abundance of counterfeit coins and merchant tokens to fill the shortfall unaddressed by the Royal Mint since the 1775 pennies. In June of 1797, inventor Matthew Boulton received royal permission to strike copper coins at his private mint in Soho, Birmingham, to help fill the need.
Novice’s discovery in father’s estate turns out...
by Press Release Professional Coin Grading Service’s Meet the Expert sessions at the ANA show concluded in an unexpected way. On Saturday, the final day of the show, a show attendee presented PCGS CoinFacts President Ron Guth with two coins to assess: the first was a relatively common gold $20 piece valued at around $1,300, but the second was a rare, ungraded 1893-S Morgan...
U.S. Mint seeks to hire manager for bulk numismatic...
by Paul Gilkes The United States Mint is seeking to fill the newly created position of bulk manager to oversee and boost sales of the bureau's numismatic products through bulk purchases.The new position of bulk manager, Sales Operations Branch, is located within the Mint's Numismatic and Bullion Department.
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U.S. Mint unveils designs for 2017 Boys Town...
by Paul Gilkes Approved designs for the three-coin 2017 Boys Town Centennial Coin Program were unveiled Aug. 23 by the U.S. Mint at ceremonies held at Boys Town Music Hall in Boys Town, Neb. Boys Town is one of the largest nonprofit organizations in the country, dedicated to serving at-risk children and families of all backgrounds and religions, and was founded in 1917 by Father...
Malta’s new circulating commemorative €2 coin...
by Jeff Starck Malta’s newest circulating commemorative €2 coin celebrates something really old. The 2016 coin, due for release in August, honors a megalithic temple complex from the Neolithic Period on the Mediterranean island of Gozo. The Ġgantija temples are the earliest of the Megalithic Temples of Malta.
Silver denarius was centerpiece of Rome’s...
by Jeff Starck Just as the Greeks had a signature silver coin, the Roman denarius (plural: denarii) was the centerpiece of the Roman currency system. The small silver coin was first minted about 211 B.C. during the Second Punic War, and became the most common coin produced for circulation, remaining useful long after memories of the war had faded.