Centuries ago someone in what is now Poland amassed quite a collection of silver coins. For some unknown reason, the owner of this massive hoard of silver coins decided to hide them in two pots deep in the forest. Whoever hid the coins did an exceptional job, because no one found them — until now.
Near a village named Guzów in Poland, a forest ranger found two clay pots while exploring the woods. The ancient ceramic pots were filled with thousands of silver coins. Upon making the discovery, the ranger quickly handed the coins over to the Archaeological Museum of the Middle Odra in Lubuskie. Barbara Bielinis Kopeć, the Lubuskie provincial conservator of monuments, weighed in on the finding.
“This is the greatest discovery of this kind made in…Lubuskie. After counting, it turned out that the pots contained 6,157 coins, including 5,370 smaller denarii and 787 larger Prague groschen,” Bielinis Kopeć said.
Gold prices are rallying and in light of uncertainty in the markets and globally, it could be a good time to invest in the relatively safe precious metal — or companies that deal with it, like Yamana Gold (AUY), Barrick Gold (ABX) and Goldcorp (GG), which all rallied yesterday on the news of higher gold price.
Another way to get exposure, outside of buying the stuff and individual companies, is to buy one of the many gold exchange-traded funds, like the SPDR Gold Trust (GLD).
To get you ready for jumping into the market, here are some myths about investing in gold and silver — and why they just aren’t true.
IDAHO FALLS, Idaho – “When I was in high school in 1949, I had a little tobacco sack full of coins that my father had given me and somebody wanted to by them. I had no idea what they were but I said no I couldn’t sell them because I got it from him. He gave me a coin book and showed me how to collect coins and it started from there,” Charles Carpenter said.
The 82-year-old had no idea that sack of coins would spark a passion
“Oh, millions probably,” Carpenter said.
A collection of millions of coins.
New coins and currency products are available at the Spring Whitman Coin and Collectibles Expo in Baltimore, the United States Mint and Bureau of Engraving and Printing (BEP) jointly announced.
Held at the Baltimore Convention Center in Baltimore, Maryland and promoted as the largest in history, the show began on Thursday, March 26, and lasts until Sunday, March 29.