gold coins

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The Gold Could Be Worth $100M. She Has to Give It Back

Rare Double Eagles were pilfered from Mint decades ago

(Newser) - The US government is $100 million richer after the latest ruling in a strange case involving some long-lost gold coins. In 2003, Pennsylvania's Joan Langbord says she found 10 "Double Eagle" coins from 1933 in a safe-deposit box that once belonged to her father, jeweler Israel Switt. The... More »

Hiker Finds Incredibly Rare Ancient Coin

Laurie Rimon noticed it while hiking in Israel

(Newser) - Look twice next time you see a glimmer in the grass—it might be a bit of history. So Laurie Rimon learned when she spotted a gold coin while hiking in the Galilee area of northern Israel last week, NPR reports. Amazingly, the coin was minted by Roman Emperor Trajan... More »

Boston Library Learns More Than Art Has Gone Missing

Investigation was launched into Rembrandt, Durer works last month

(Newser) - Apparently more than just valuable artwork is missing from the Boston Public Library's archives. A library spokeswoman says a retired employee who now volunteers told administrators last week that gold coins originally placed in the cornerstone of the main building have been missing for decades. The spokeswoman says the... More »

Divers Find 1468 Wreck That May Hold Millions in Coins

Famed Hanneke Wrome carried 200 souls, seriously rich cargo when it sank

(Newser) - An international team of divers has discovered a long-sought 15th-century shipwreck just south of the island of Jussarö in Finland. When the Hanneke Wrome sank in 1468 during heavy storms in the Baltic Sea on its way from Germany to Estonia, it was considered one of the biggest maritime disasters... More »

Court: Feds Have to Return Stolen Coins Worth Millions

Double eagles swiped in the 1930s must be returned to Philly family

(Newser) - In 1933, the US Mint in Philadelphia minted almost half a million $20 gold coins, known as double eagles. But with the nation in the throes of the Depression and fearing a bank run, FDR blocked their release and most were melted down. A few managed to wander out of... More »

Professor Looks Into Rumor, Finds Priceless Coin Trove

Coins had sat in university archives for 80 years

(Newser) - In Indiana Jones and the Last Crusade, the swashbuckling professor tells his students that "70% of all archaeology is done in the library"—but at the University at Buffalo, it turned out to be 100% for assistant classics professor Philip Kiernan. He followed up on a rumor about... More »

'Priceless' Gold Coins Found in Record Israel Haul

Israeli diving club at first thought the coins were toy versions

(Newser) - Many divers search long and hard for sunken treasure, but an Israeli diving club out for a recent dive in their local harbor struck literal gold by chance: 2,000 priceless gold coins that had been sitting on the seabed for about 1,000 years, the largest stash of gold... More »

'Buried Treasure' Can Now Be Yours

Sale begins of 1,400 gold coins found in California

(Newser) - The "buried treasure" found by a California couple out walking their dog —an estimated $11 million worth of rare gold coins from the 1800s—has started to be auctioned off. Last night at the Old San Francisco Mint, an 1874 $20 double eagle sold for $15,000, the... More »

Scrap Dealer Finds Famed Faberge Egg at Flea Market

Midwest discovery is worth millions

(Newser) - There's good luck—and then there's the case of the scrap-metal dealer who found one of the eight missing Faberge imperial eggs at a flea market in the American Midwest. A London antique dealer said the man bought the egg for about $14,000, thinking he could make... More »

Buried Gold Likely Not From Heist, Says US Mint Rep

And he's not the only one to pooh-pooh the theory

(Newser) - Perhaps it was too intriguing to be true: A rep for the US Mint and an expert on the San Francisco Mint throw water on the latest theory surrounding the $10 million in gold coins uncovered in California—that they were the long-hidden spoils of a 1901 gold heist from... More »

Source of Buried California Gold: Century-Old Heist?

If the theory is true, it could be bad news for the couple who found the coins

(Newser) - The only thing more mysterious than the identity of the couple who stumbled upon an estimated $10 million in US gold coins while walking their dog on their California property: Where did the gold come from? The San Francisco Chronicle floats a theory with all the intrigue and illegality you... More »

Taxes to Eat Half of Couple's $10M Gold Find

Calif. find will be taxed at the highest rate

(Newser) - The $10 million stash of gold coins a couple in California found while walking their dog is a big bonanza for Uncle Sam, tax experts say. Most of the money they make from selling the coins will be taxed at the highest level, meaning state and federal taxes will eat... More »

Couple Finds $10M in Gold Coins on Dog Walk

The 1800s coins were buried on their property in northern California

(Newser) - That was some dog walk. A couple in California's Sierra Nevada region out for a stroll on their own property unearthed an estimated $10 million in US gold coins from the 1800s, reports the San Francisco Chronicle . It's thought to be the most valuable such hoard ever found... More »

$250K in Gold Found 100 Feet From Florida Coast

The 48 gold coins are from a 1715 shipwreck

(Newser) - You may want to pack your snorkeling gear the next time you're headed to Florida's eastern coast. The owner of a shipwreck-seeking salvage company has announced that he discovered 48 gold coins worth as much as $250,000 off Wabasso Beach on Saturday. And as CNN reports, he... More »

Virginia to Consider Minting Its Own Coins

House agrees to spend $17K on a special panel

(Newser) - Virginia is apparently for haters of the Federal Reserve: One state legislator wants the state to mint its own coins in case the US dollar collapses. It may sound pie-in-the-sky, but Virginia's House of Delegates agreed on Monday to set up a $17,000 panel to explore the move.... More »

Woman Scores $7M Fortune From Long-Lost Relative

Cleaning crew finds thousands of gold coins in dead man's garage

(Newser) - For those who dream of some long-lost dead relative leaving you a fortune, it apparently can actually happen. Arlene Magdanz, a San Francisco-area substitute teacher, is now officially a millionaire seven times over thanks to a dead first cousin. The AP reports that a crew cleaning out Walter Samaszko Jr.... More »

Amateur Treasure Hunter Finds Hoard of Roman Coins

And the haul could be worth $160,000

(Newser) - An amateur treasure hunter in Britain recently struck gold—literally—while using a relatively cheap metal detector. He found 40 Roman gold coins dating back to at least 408AD buried in the woods, reports the Daily Mail . He returned to the shop where he bought the detector, coins in hand,... More »

1787 Doubloon Fetches $7.4M

Coin considered one of first American gold coins minted in dollars

(Newser) - An extremely rare, 224-year-old gold doubloon has been sold to a Wall Street investment firm for $7.4 million, reports AP . Minted by Ephraim Brasher, a neighbor of George Washington, the 1787 Brasher doubloon is believed to be the first American-made gold coin issued in dollars. The coin contains 26.... More »

Beck's Favorite Gold Firm Charged With Fraud

Current and former CEO of Goldline face up to a year in jail

(Newser) - Remember Goldline, the gold dealer that Glenn Beck trusts ? Well, the company and several of its top executives—including both current CEO Scott Carter and former CEO Mark Albarian—have all been charged with fraud, the Santa Monica City Attorney’s office said yesterday. Goldline is accused of, among... More »

Australia Mints One-Ton Coin

Face value is $1M, but it's worth more than 50 times that

(Newser) - Australia's Perth Mint has created the world’s biggest gold coin—more than a ton of 99.99% pure gold, the Sydney Morning Herald reports. The coin’s face value is $1 million Australian dollars—just over $1 million American—but it’s worth more like $57 million American.... More »

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