December Precious Metals Roundup
Posted by Luis Marini on Thu, Dec 29, 2011 @ 02:43 PM
In true sprit of the holiday season, December’s precious metals news saw an influx of stories 
related to charitable contributions. Below is a collection of feel good articles that highlight some of the most notable news pieces from the past month.
Articles included in today’s curated post are from our “Precious Metals and Society” section of the Metallix Refining news portal.
Coin dealer gives five gold coins to Salvation Army
Salvation Army buckets in Maryland received an extra-special jingle this season from a self-named “Secret Santa Claus.” In response to the non-profit’s season sidewalk collectors, Frederick Coin Exchange owner, Matt Lerner, donated five one-ounce gold South African Krugerrands (coins).
Each coin is valued at nearly $2,000. The non-profit returned the coins to the Frederic coin shop, and in exchange received a check from Lerner for $9,000. Read the full article for more details.
Gold coins remain popular as donation during holidays
Did you know that Maryland’s Salvation Army Secret Santa isn’t the first of its kind? Read the full article to learn more about more than a dozen similar instances of civilian generosity through giving of precious metal coins.
Anonymous donor contributes gold Krugerrands to non-profits
Two non-profits, the Brooks Food Bank and the Salvation Army, in the Canadian province of Alberta each received an anonymous donation of a one-ounce gold Krugerrand coin. Each coin is currently valued around $1,700.
The coins were each wrapped in a $5 bill. Read the full article on this generous, anonymous donation.
Gold coins among collection up for bid to benefit the Hispanic Society of America
The Hispanic Society of America stands to gain a much-needed source of financial support in the New Year. Starting in mid-December, a rare collection of nearly 38,000 coins was put up for auction, with the winning bid to benefit the Hispanic Society of America.
The collection was assembled more than 100 years ago by the Society’s founder, Archer M. Huntington, and is estimated to attracted between $25 and $35 million in bids for the museum. Read the full article to learn about the historic coins included in the collection.
Did we miss a cool story this month? Share your favorite precious metals news story from November. Check out the Metallix Refining Precious Metals News portal for additional market updates, news and innovations in precious metals.
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