News.co.au shares the premise of the new ‘Gold’ movie starring Matthew McConaughey…
Gold is the story of the biggest mining scam of all time, resulting in a $6 billion fraud.
…(three men) banded together in 1993 and emerged from the jungles of Borneo, declaring its soil to be full of gold. Without any due diligence, Wall Street poured money into the company, and Bre-X stock surged from pennies to $280 a share.
But there was just one problem: There was no gold…
On the evening of November 4-5, 1870, the Central Pacific Overland Express passenger train Engine No. 1 from San Francisco arrived at this small station 11 miles west of Reno. Just as the train was leaving the station, three masked men boarded the express car behind the engine and disconnected the engine and express car from the rest of the train. Five more robbers from other cars on the train soon joined them and took control of the engine and express car. With pistols and brute force, the gang commanded the engineer to resume the trip toward Reno. The two brakemen, fireman and express workers were locked up at gunpoint in the mail room.
Meanwhile, about five miles west of Reno, near a place called Hunter’s Station, other members of the robbery gang had built an obstruction on the track with rocks and timbers in order to stop the train. The engine and express car stopped at the obstruction on the tracks. With the aid of a double barrel shotgun, the robbers removed from the express car several Wells Fargo sacks filled with twenty dollar gold pieces from the San Francisco Mint. The value of the gold coins was $41,600. There was an additional $8,800 in silver bars, but these were too heavy for the robbers to carry away with them. All the telegraph lines were cut west of Reno…
…Most of the gold coins were recovered but about 10 percent of the treasure was never found. That means over 200 $20 gold pieces are still missing.
GainesvilleCoins.com reported that “Thousands of Qing Dynasty Coins Found in China”
“Treasure once belonging to 18th-century emperor Qianlong of the Qing Dynasty has been discovered in China’s southeastern province of Jiangxi, and the find is causing quite a stir among locals.
The emperor’s treasure was lost when his ship, en route to Jiangxi, was swallowed by devilish waters. For centuries, his fortune remained hidden. It was not until last week that villagers frequenting an area near the Gan river found the strange items in their waterway.”
“Gold ingots recovered from the SS Central America shipwreck took center stage as Heritage’s annual FUN auctions at the Florida United Numismatists (FUN) convention in Fort Lauderdale took place January 4-9. All told, the US coin auction raised in excess of $42 million for its consignors, with World Currency adding over $1.2 million, and US Currency, continuing through January 10, expected to total over $7 million.” CoinWeek.com
NumanismaticNews.net reported on the results of the COTY (the Coin of the Year) Award. Among the winners was Austria’s 100 euro Capercaille, a bird native to the country (KM-3246). For more about Capercaille, the bird visit BirdGuides.com or Wikipedia.com.
Awards are given in ten categories, and three coins are selected in each category:
- Most Historically Significant: Coins which commemorate events, institutions, physical entities, or individual which are deemed to be most important in terms of the historical heritage of a people or mankind.
- Best Contemporary Event: Coins which commemorate events, institutions physical entities, or individuals which are deemed to be most important in terms of current or recent events influencing a people or mankind.
- Best Gold: Coins fabricated of GOLD, Platinum, Palladium, or another exotic precious metal which have all-around aesthetic and commercial appeal.
- Best Silver: Coins fabricated of silver which have all-around aesthetic and commercial appeal.
- Best Crown: Coins which have all-around aesthetic and commercial appeal, and have a minimum diameter of 33mm..
- Best Trade Circulating monetary unit coins which are made of non-precious metals, possess all-around aesthetic and commercial appeal.
- Most Popular: Coins with commercial sales and artistic caliber which appeals to the international general public.
- Most Artistic: Coins selected solely on the value of their artistic merit.
- Most Innovative Coinage Concept: Coins which contain pioneering metallic alloys, non-typical coinage materials, planchet shapes, thickness, sizes, themes, distribution methods or other innovations. 
- Most Inspirational Coin: Coins featuring themes, events, institutions, physical entities, or individuals that represent peace, freedom, and human rights. (source: Wikipedia.com)
To learn more about the COTY Award, visit Wikipedia.com
“Time Running Out To Purchase Coins Honoring National Park Service Centennial” – National Parks Traveler
“In case you’re still wondering what to get your national parks lover for Christmas, here’s a hint: commemorative coins made by the U.S. Mint to honor the National Park Service Centennial.
These once-in-a-lifetime coins are only being offered by the mint through year’s end. The National Park Foundation is the beneficiary of the coin sales, as a surcharge on the purchases goes to the Foundation for use on projects in the National Park System. The surcharges are $35 for each gold coin, $10 for each silver coin, and $5 for each half-dollar clad coin.
The gold, silver, and clad coins bear images reflective of the people (John Muir, President Theodore Roosevelt), places (Old Faithful geyser, Half Dome) and values (heritage, stewardship) important to the agency….
No more than 15,000 sets containing all three coins are to be produced. As of December 11, fewer than 900 of these sets remained available.”
“During World War I, when Romania faced the risk of being occupied by the armies of the Triple Alliance, Bucharest decided to dispatch the country’s main valuables to the Russian Empire”
The editor of Coin World introduced their series of posts, “Great Britain’s modern gold sovereign celebrates 200th anniversary in 2017: Royal Mint marks milestone of flagship bullion coin”…
“this is the first part of a story about the British gold sovereign, which celebrates a milestone anniversary in 2017. senior editor Jeff Starck’s story about the coin and its history appears in the January 2017 monthly Coin World.”
“Britain’s gold sovereign, with the famous image of St. George slaying the Dragon, is one of the most recognized gold coins ever.
The sovereign — a coin that lacks a declaration of country or denomination — is the choice of investors and evaders, secret agents and villains alike (after all, James Bond famously carries 50 of them in his attache case).”
The Washington Post reported on a story that we’ve been following with interest in the story – “A treasure hunter found 3 tons of sunken gold — and can’t leave jail until he says where it is”.
“Tommy G. Thompson was once one of the greatest treasure hunters of his time: A dark-bearded diver who hauled a trove of gold from the Atlantic Ocean in 1988 — dubbed the richest find in U.S. history…
…Now Thompson’s beard has grayed, and he lives in an Ohio jail cell, held there until he gives up the location of the gold.
But for nearly two years, despite threats and fines and the best exertions of a federal judge, no one has managed to make Thompson reveal what he did with the treasure.”