Central Bank Hoard of Gold

It is very interesting that I just purchased a hoard of $20 liberties, all uncirculated like the day they came from the mint and all dated 1904. The source was a foreign central bank. They were going through their reserves and came across this exciting hoard. It just goes to show that sometimes being disorganized results in new discoveries and excitement all the time. This batch was 500. The fact that every coin has the same date demonstrates that it was indeed a reserve asset directly from the Philadelphia Mint.

The post Central Bank Hoard of Gold first appeared on Armstrong Economics.

Latest Posts

Mineral Deal Drafted

Ukrainian President Volodymyr Zelensky is slated to meet with US President Donald Trump at the White on Friday to finalize the widely publicized mineral deal. The initial demand for $500 [...]
Read more

Ukraine Holds an “Election”

Ukraine held an election to determine the true president. Naturally this election did not include the voice of the people. Ukraine’s Parliament, the Verkhovna Rada, passed a resolution this week [...]
Read more

Gold Visas – Attracting Wealthy Immigrants

The United States is looking to attract wealthy immigrants looking for US citizenship through a new “gold visa” program. “It’ll be people with money,” Trump said outright, noting the visa [...]
Read more