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South Africa: Innovative twinned coins celebrate 50th anniversary of world’s first heart transplant

June 5, 2017 in African Coins, Coins, Coins for sale, Collecting, Commemorative, Education, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Press Releases, Proof Coins, Silver, Silver Coins, South Africa Coins, World Coins

By: Press Release News.CoinUpdate.com (Coin Update News)

The South African Mint has issued a silver coin commemorating the 50th anniversary of a medical miracle that astonished the world in 1967—the world’s first heart transplant, which took place in Cape Town, South Africa. The extraordinary surgery is celebrated on a unique pair of coins: a 2-Rand silver coin and a smaller, 2-1/2-cent “Tickey.” The two coins actually fit together to allow the viewer to imagine the transplant. The small silver Tickey coin, depicting the good heart, appears on top of the larger coin depicting the torso and, within it, the poor heart.

The very complex and correct anatomical detail… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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Silver Krugerrand Test Strike on Display at F.U.N. Show in Fort Lauderdale

January 7, 2017 in Coins, Collecting, Education, Entertainment, Events, Investing, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, South Africa Coins, World Coins

By: Coin Update News.CoinUpdate.com (Coin Update News)

2017-krugerrand-silver

A test strike of the first-ever silver Krugerrand is will be shown at the Florida United Numismatists (F.U.N.) Show in Fort Lauderdale, Florida. The coin will be on display from January 6 at Modern Coin Mart’s booth (#505), where it will be in a rotating display that will allow it to be viewed up close.

The South African Mint originally intended the silver Krugerrand to be available for purchase in North America on December 5, 2016. When the first shipment of coins arrived, however, the coins were found to have sustained damage during the trip. In a press release,… Full article at the source>

Source: News.CoinUpdate.com (Coin Update News)

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National Geographic Pairs with South African Mint to Launch Big Cats Coin Program

May 24, 2016 in African Coins, Blogs, Coins, Coins for sale, Collecting, Collector Sets, Commemorative, Gold, Gold Coins, History, New Releases, News, Numismatica, Numismatics, Precious Metals, Silver, Silver Coins, South Africa Coins, World Coins

By: Dan Holmes World.mintnewsblog.com (News and Commentary on World Coins)

BigCats_SlvGold-634x370

National Geographic and the South African Mint have launched a limited edition coin series called the National Geographic Big Cats Coin Program. The new program includes five unique issues and benefits National Geographic’s Big Cats Initiative, which aims to combat the decline of these animals in the wild.

 

The two rand silver issue is composed of one ounce of 92.5% silver and is currently available for $49.95. The mintage limit has been set at 7,700.

The coin’s reverse features a closeup image of a… Full article at the source>

Source: World.mintnewsblog.com (News and Commentary on World Coins)

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Old Safe Given Away for Scrap Filled With Gold Coins

October 31, 2013 in Antique Coins, Coins, Gold, Gold Coins, News, Precious Metals, Silver, Silver Coins, South Africa Coins, Treasure, USA Coins

By Anna Pan Oct. 30th, 2013 (http://abcnews.go.com)

A Houston scrap collector hauled an old safe from a family’s home, but when the vault was pried open he discovered it held a fortune in gold coins and silver dollars.

The man who opened the safe was David Molick, owner of Robbie’s Key & Lock shop who told ABC News that the scrap collector asked him to break into the safe before it was turned into scrap about a month ago.

“He showed me a picture of this safe, and I saw that it was a high security one,” Molick said. “It was real difficult to get into. It was pretty beat up. Looked like somebody had tried forcing their way into it since the front was beat up.”

Molick said he spent more than 20 hours trying to open the safe last week. Finally, after drilling 10 holes through six-inch walls of concrete, he discovered a bonanza.

“I thought, ‘Oh, this ain’t real,’” Molick said. “There were 50 Krugerrands in one pipe, and brand new, un-circulated silver dollars in ammo boxes. All of them were well over half full. The entire safe must’ve weighed at least 3,000 pounds.” Molick estimates the safe to contain $2.5 million.

Full article and video at source>

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Krugerrand demand skyrockets

April 20, 2013 in Coins, Gold, Gold Coins, Investing, South Africa Coins, World Coins

Investment Insights.  (http://www.moneyweb.co.za) Author: Ingé Lamprecht| 19 April 2013

Gold is a safe haven in turbulent times – FNB Share Investing CEO.

South Africa Gold Krugerrand

South Africa Gold Krugerrand

JOHANNESBURG – The demand for Krugerrands has skyrocketed during the past week as investors tried to benefit from the weaker gold price.

The gold price dropped to its lowest level in months earlier this week after it emerged that Cyprus might be selling gold in order to help finance its bailout.

Gusta Binikos, chief executive officer of FNB Share Investing, says the average ounces bought back from customers per month has increased by 30% for this month, compared with the average for the prior 12 months. However, this is only a slight increase compared with the increase of sales to customers of 331% for the same period, says Binikos.

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Why You Should Own Krugerrands, One Of The World’s Most Popular Bullion Coins

April 9, 2013 in Coins, Gold, Gold Coins, Precious Metals, South Africa Coins, World Coins

Monday, April 8, 2013, By: Megan Hall (http://www.kirotv.com)

South Africa Gold Krugerrand

South Africa Gold Krugerrand

Produced from one of the world’s largest gold mines in South Africa, the Krugerrand is the original and most recognized one-ounce gold bullion coin. First minted in 1967 from Rand Refinery, it was developed to internationally promote South African gold by making it easy for anybody to invest in gold. It’s been legal tender since it was created, which means that you can take your investment with you wherever you go—and sell it pretty much anywhere in the world for cash.

If you’re thinking about buying Krugerrands as an investment, here’s what you need to know about the most popular gold bullion coin in the world:

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A Gold Hoarder’s Legacy

December 22, 2012 in Coins, Gold, Gold Coins, Inheritance, Silver, Silver Coins, South Africa Coins, Treasure, USA Coins, World Coins

By Devin Leonard on December 20, 2012 (http://www.businessweek.com) (Bloomberg Business Week Market and Finance)

Walter Samaszko Jr. was not a guy who wanted company. He covered the windows of his house in Carson City, Nev., with cardboard so the neighbors couldn’t see inside. He made the postman stick the mail through the slot in his garage rather than coming to the front door. He was so good at keeping people away that when he died of heart failure at age 69 in June, nobody noticed until his house began to smell. Someone called the sheriff’s department. A hazmat team removed Samaszko along with part of the floor he was stuck to.

That’s when everybody found out why he hadn’t been more sociable: The dour, white-haired recluse had been hoarding $7 million worth of gold coins, most of them hidden in the crawl space beneath the house. Some were in an old washing machine. There were British sovereigns dating back to the 1840s, Austrian ducats, and South African Kruggerands. But mostly Samaszko had collected rolls and rolls of $20 American gold pieces, the kind with double eagles on them. He also had $12,000 in cash, a stock account worth $165,000—and $200 in the bank.

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Krugerrand found in Naperville Salvation Army kettle

December 5, 2012 in Coins, Gold, Gold Coins, South Africa Coins, World Coins

The gold coin is worth about $1,700

By Melissa Jenco, Chicago Tribune reporter  December 4, 2012 (http://www.chicagotribune.com)

The Salvation Army Logo

The Salvation Army Logo

South Africa Gold Krugerrand

South Africa Gold Krugerrand

As Capt. Antonio Romero and his Salvation Army Aurora Corps volunteers sorted money collected from their trademark red kettles, a heavy gold coin fell from the dollar bill that encircled it.

The volunteer who unwrapped the currency was shocked, but Romero knew exactly what it was – a South African Krugerrand worth about $1,700.

“It’s incredible. It’s beyond belief even when the economy hasn’t been at its best somebody can still find it in their heart to give something that generous,” Romero said. “It’s mind-blowing to us, and we are extremely thankful. And I’m sure those who ultimately benefit from this are just as thankful.”

Romero believes the valuable coin was dropped into a kettle Friday morning at Casey’s Foods in Naperville. He recognized it because finding a Krugerrand wrapped in a dollar bill and deposited into a Naperville kettle has become an annual occurrence, and he can’t help but think the same donor is responsible.

Money donated in the kettles stay in the communities where it is donated and assists people in need with food, shelter, after-school programs and disaster relief, according to Alyse Chadwick, public relations specialist for the Salvation Army.

Full Article>

Link to Chicago’s Salvation Army Website

 

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