Hundreds of ancient coins unearthed by the 2004 tsunami in Banda Aceh, Indonesia discovered by an oyster gatherer in a village swamp. Last week, a woman collecting oysters in the northern Indonesia village of Gampong Pande discovered an ancient chest full of gold coins, according to the Jakarta Post. The chest — decorated ornately with…
California Gold Rush: Panning for Adventure, Fame and Fortune
In 1848 — the year gold was discovered in California — Americans flocked to the great Wild West. The months-long trek was painfully treacherous, and countless souls were lost along the way. Thanks to the pioneering spirits of more than 300,000 people, the California Gold Rush became a seminal event in the westward expansion of…
The Great Atocha and the Immortality of Precious Metals
We’d like to start by letting you in on a new feature at the Provident Metals Blog. While we’re confident we’ve developed a top-notch resource for silver-and-gold bullion investors, our blog has focused almost entirely on the “bread and butter” of precious metals investment. Until now. The truth is, gold, silver and other precious metals…
6 Rules for Properly Handling your Precious Metal Coins
Whether you buy gold and silver coins as an investment or purchase a unique coin you’ve wanted in your collection for years, you must handle them properly to build and maintain the value of your collection. Having coins with blemishes, contact marks and other worn features can reduce the value of your investment, sometimes significantly,…
California Man Finds $500k Worth of Bullion in Abandoned Storage Locker
Talk about a once in a lifetime event!! An anonymous California man recently found $500,000 worth of gold doubloons, old Spanish coins from the 1600s along with assorted array of other gold and silver coins in an abandoned storage unit in Contra Costa, California. The man won the storage unit in an auction held by…
Rare Gold Coins Confiscated – Philadelphia Family Loses Court Battle with U.S. Treasury
$20 Double-Eagles from 1933 are rare indeed. A few years ago, one sold for an astounding $7.59 million! The reason they’re so rare is that only a few thousand were produced in 1933. That same year, President Franklin Roosevelt took the U.S. off the gold standard. Many of these coins were therefore confiscated since it…
