Author Archive: Gainesvillecoins.com

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Metal Detectorist Finds Treasure Hoard of 8,000 Ancient Roman Coins

Metal Detectorist Finds Treasure Hoard of 8,000 Ancient Roman Coins

By Shaquille Brissett for Gainesville Coins …. Another roman Coin Hoard found with metal detector There are times when persistence pays off in a big way. This turned out to be exceedingly true for one treasure hunter from Altrincham, a small British market town in Greater Manchester. It was January of 2015, and Cheshire, a […]

Treasure News – 1804 Shipwreck Bullion Goes on Display

Treasure News – 1804 Shipwreck Bullion Goes on Display

By Everett Millman – Gainesville Coins …….   More than two centuries after the Spanish warship Nuestra Señora de las Mercedes (roughly, “Our Lady of Mercy”) was sunk off the coast of Portugal before reaching the Spanish port city of Cádiz, the massive haul of gold and silver bullion that was onboard is finally back […]

Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Bullion & Precious Metal News – Why Islamic Gold Demand May Surge

Islamic Gold Dinar By Everett Millman – Gainesville Coins …….   One major development in the global gold market over the last decade has been the liberalization of gold ownership laws in China. This has opened up an incredible flood of new demand for precious metals from the world’s most populous country. There’s still another […]

Gainesville Coins: Crime Doesn’t Pay for Treasure Finder

Gainesville Coins: Crime Doesn’t Pay for Treasure Finder

By Everett Millman – Gainesville Coins …….   Treasure hunting is a fantastic hobby and pastime. It not only can pay off handsomely for a determined metal detectorist, but it’s a great way to bring history and cultural heritage closer to the present-day. However, not everybody hunting for buried treasure chooses to play by the […]

Gainesville Coins: UK Treasure Finder Awaits Big Pay Day

Gainesville Coins: UK Treasure Finder Awaits Big Pay Day

By Everett Millman – Gainesville Coins …….   One of the most astounding treasure finds in Britain’s rich history of such discoveries is finally close to being finalized–meaning the funds are ready to be split evenly between the treasure finder and the owner of the land where it was found, as required by the country’s […]

The Fate of Coins in Fountains

The Fate of Coins in Fountains

By Everett Millman – Gainesville Coins …….   Have you ever tossed a few coins into a fountain and made a wish? This is a common experience nearly all of us can share in. The tradition traces back thousands of years and spans a variety of cultures. While today this practice is seen as a […]

What Do Coins at Gravestones Mean?

What Do Coins at Gravestones Mean?

By Everett Millman – Gainesville Coins …….   Perhaps you’ve seen coins placed on the gravestones at a cemetery before and wondered what the significance of this loose change was. There are many different traditions that involve coins, especially as it pertains to the deceased or those who have served in the military. Coin Rituals […]

Precious Metals Market – Tycoon Reaps $1.3 Billion on Silver

Precious Metals Market – Tycoon Reaps $1.3 Billion on Silver

By Everett Millman – Gainesville Coins …….   Mexico’s second-richest man, Alberto Bailleres, has benefited greatly from his extensive position in precious metals so far this year. Between his majority stake in a pair of Mexican mining companies, Industrias Penoles SAB and Fresnillo Plc, the gold and silver magnate has outpaced his wealthiest counterparts in […]

The Galaxy of Precious Metals

The Galaxy of Precious Metals

By Everett Millman – Gainesville Coins …….   Have you ever wondered how exactly the precious metals came to be? Why are they so rare in the composition of the Earth? Although there are plenty of convincing answers to these questions provided by theology, scientists have been doggedly pursuing the answer since at least the […]

Treasure Shipwreck Found Off Namibia

Treasure Shipwreck Found Off Namibia

By Shaquille Brissett for Gainesville Coins ……   It was almost 500 years ago when The Bom Jesus, a Portuguese sailing ship, inexplicably vanished while en route to India. The vessel was carrying an immense treasure that has eluded even the most ardent and focused treasure hunters. A recent discovery in the Namibia desert, however, […]

Big Sale of Ancient Roman Coin Hoard

Big Sale of Ancient Roman Coin Hoard

By Everett Millman – Gainesville Coins …….   Sometimes, there’s no way to know how valuable something is until it goes on sale at auction. Last week, when novice treasure hunter George Hughes of South Petherton, England finally watched his hoard of ancient Roman coins hit the auction block, he found the results absolutely “shocking.” […]

Finding Gold Treasure in Europe

Finding Gold Treasure in Europe

By Everett Millman – Gainesville Coins …….   Considering it has been the cultural and political center of the Western world for centuries, Europe is home to quite a bit of historic treasure. With all of the history of wars and wealth changing hands that the continent has seen in its time, there is still […]

National Treasure – Was Colonial Treasure Buried in Philly?

National Treasure – Was Colonial Treasure Buried in Philly?

By Everett Millman – Gainesville Coins ……….   Amid the many historical sites and abundance of artifacts from the American Revolution to be found in the heart of Philly, you may also find a stash of Spanish gold and silver coins somewhere. A mysterious letter that dates to 300 years ago may hold clues to […]

Anti-Counterfeiting: New Techs Fight Fake Coins

Anti-Counterfeiting: New Techs Fight Fake Coins

By Steven Cochran for Gainesville Coins ……   As The Royal Mint begins production of a new 12-sided £1 coin made with their recently-patented anti-counterfeiting measures, it seems like a good time to look at some of the recent technologies being used to fight fake coins. Quitting the Old Quid The Royal Mint’s campaign to […]

World Precious Metals – Indian Temple Deposits Gold

World Precious Metals – Indian Temple Deposits Gold

By Everett Millman – Gainesville Coins ……….   The government of India may have finally gotten a break regarding its attempts to monetize the country’s vast quantities of “idle” gold. While it is estimated that the public in India holds a staggering 20,000 metric tonnes of gold (or more), a considerable portion of these savings […]

World Precious Metals Market – Is Russia Planning a Gold Ruble?

World Precious Metals Market – Is Russia Planning a Gold Ruble?

By Everett Millman – Gainesville Coins ……….   Over the past five to seven years, there has been a consistent flow of gold bars out of Western vaults in New York and London. The destination of this gold bullion has been the East—especially China, Russia, and Russia’s closest Eurasian allies. One question that the past […]

Treasure Coin News – Oldest European Shipwreck Discovered

Treasure Coin News – Oldest European Shipwreck Discovered

By Everett Millman – Gainesville Coins ……….   The oldest shipwreck that dates back to Europe’s “Age of Exploration,” which traces its origins to the 15th century, has been discovered in waters off the coast of Oman, a country situated in the southeast portion of the Arabian Peninsula. A wealth of fantastic artifacts have been […]

Gold Treasure Myth Captivates Paraguay

Gold Treasure Myth Captivates Paraguay

By Everett Millman – Gainesville Coins ……….   Modern myths don’t die easy in Paraguay, particularly when they deal with gold bullion and buried treasure. The legend of the hidden treasure dates to the War of the Triple Alliance–often known simply as the Paraguayan War or the “Great War” to locals–fought from 1864 to 1870 […]

Bangladesh Bank Hacked for $81 Million

Bangladesh Bank Hacked for $81 Million

By Everett Millman – Gainesville Coins ……….   The region of Southeast Asia has earned a reputation, fairly or unfairly, for financial fraud and corruption. Situated on the other side of the globe from Western financial centers but close enough to important hubs like Hong Kong, an increasing amount of illicit financial activity now takes […]

Counterfeit Gold – Beware of Fake PAMP Gold Bars

Counterfeit Gold – Beware of Fake PAMP Gold Bars

By Everett Millman – Gainesville Coins ……….   A new wave of counterfeit PAMP Suisse gold bars are making the rounds. These new fakes show much better quality than earlier attempts, especially with the packaging. Previous fake PAMP gold bars have been easily detected when compared to the real thing (see image, below). These new […]

Mint Cancels 2015 Limited Edition Silver Proof Sets

Mint Cancels 2015 Limited Edition Silver Proof Sets

By Everett Millman – Gainesville Coins ……….   The United States Mint has decided it will not release one of its premium items, the Limited Editions Silver Proof Set, in 2015. The product’s expected released was previously listed as “To Be Determined” on the mint’s website. A combination of factors have contributed to the decision, […]

China Finds Undersea Gold Deposit Worth Billions

China Finds Undersea Gold Deposit Worth Billions

Courtesy of  Everett Millman and  GainesvilleCoins.com ….   Just when you thought China’s pursuit of gold couldn’t get any more relentless, a fantastic discovery is made beneath the country’s waters. The largest-ever known undersea gold deposit has been confirmed beneath the East China Sea after three years of exploring, planning, drilling and excavating. The discovery […]

Millions of Ancient Chinese Copper Coins Discovered

Millions of Ancient Chinese Copper Coins Discovered

Researchers sift through huge piles of the copper coins. Source: ecns.cn By Everett Millman for Gainesvillecoins.com….   Most of the time when we hear about a large discovery of long-forgotten coins, they are found in Europe or the Middle East (with their thousands of years of history using coins), or even along the east coast […]

Atlas 1 oz Suisse Design Gold Bar Manufactured By PAMP

Atlas 1 oz Suisse Design Gold Bar Manufactured By PAMP

Gold bars don’t all have to be the same, and Gainesville Coins has partnered with renowned Swiss refinery PAMP Suisse in order to exclusively bring your the 2016 Atlas 1 oz gold bar! Each of these exquisitely minted gold bars is struck using .9999 fine (99.99% pure) gold for a total actual metal weight of […]

Gold Market Finding Stable Footing

Gold Market Finding Stable Footing

by Everett Millman for Gainesvillecoins.com……. The gold price briefly sank to a 3-week low in overnight trading as the gold market attempts to establish new support levels. The metal fell below the $1,150/oz mark as the week winds down on renewed expectations of a December rate hike from the Federal Reserve. While investors with a […]

The Silver Shortage Hits Sunshine Minting

The Silver Shortage Hits Sunshine Minting

By Everett Millman – GainesvilleCoins.com….   It’s been a frustrating few months for retail silver buyers and silver stackers of all stripes. In virtually every corner of the planet, access to government-issued silver coins has been stuck in an unprecedented crunch. It’s not a development that has been isolated to one particular region or one […]

Market Overshoots on Platinum Group Metals

Market Overshoots on Platinum Group Metals

by Everett Millman for Gainesville Coins …….. There’s no doubt that platinum and palladium, the oft-forgotten sister metals of the Platinum Group, are almost always overshadowed by their precious metal cousins, gold and silver. There are several disadvantages that work against the Platinum Group Metals (PGMs), including how hard they are to work with (as […]

India to Issue Its Own Gold Bullion Coin

India to Issue Its Own Gold Bullion Coin

By Everett Millman for Gainesville Coins….   You may have heard that India has a long tradition of being a virtual “black hole” for gold: the yellow metal consistently flows into the country, but never leaves. This has been the case not just for as far back as recent memory reaches, but all the way […]

Silver Bullion -NEW 100 oz poured silver bars to be available from Asahi

Silver Bullion -NEW 100 oz poured silver bars to be available from Asahi

The Johnson Matthey 100 oz poured silver bar has been the “gold standard” of physical silver assets for decades. When news broke last December that JM was selling its precious metals refining business to Japanese firm Asahi Holdings, silver investors were worried that the storied JM 100 oz bar was no more. There’s nothing to […]

Gainesville Coins Weekly Update – July 24, 2015

Gainesville Coins Weekly Update – July 24, 2015

ABSTRACT: Amid continued risk-off sentiment in the markets following an easing of geopolitical tensions, the precious metals sunk even further this week. The attention of investors, however, turns to the likelihood of an increase to the federal funds rate in September. Stock indices in the U.S. slumped on mixed corporate earnings data, while a strong […]

 
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