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CALIFORNIA | LOCAL
February 27, 2014 | By Samantha Schaefer
The California couple who stumbled on what may be the most valuable cache of gold coins ever found in North America were so taken aback that reburied them in an old ice chest until they could figure out their next step. That was the story relayed by John and Mary in an interview transcript posted by the  numismatic firm Kagin's Inc., which is representing the couple and keeping their identities confidential. The pair had walked the path on their Gold Country property for years before they spotted the edge of a rusty can peeking out of the moss last February, they told Kagin's.
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CALIFORNIA | LOCAL
February 26, 2014 | By Ruben Vives
The California couple who found a buried cache of 19th century gold coins say they will use the proceeds -- which experts say could amount to more than $10 million -- to hold on to their home. The couple, identified by the firm representing them only as "John" and "Mary," made the find during one of their daily walks on their property in California's gold country. Eight of the rusty cans they dug up were filled with more than 1,400 rare and perfectly preserved U.S. gold coins dating from 1847 to 1894, according to Donald Kagin, president of Kagin's Inc., a numismatic firm that specializes in U.S. gold coins and represents the couple.
CALIFORNIA | LOCAL
February 26, 2014
The Northern California couple who found rare gold coins in eight tin cans buried on their property said they will donate some of the proceeds to charity. John and Mary came upon the $28,000 in U.S. gold coins last year on their daily walk. When they realized what they had found, they dug a hole in their wood pile, placed the 1,400 coins in bags and boxes in an old ice chest and buried them again. The pair had walked the path on their gold country property for years before they spotted the edge of a rusty can peeking out of the moss last February.
CALIFORNIA | LOCAL
February 26, 2014 | By Samantha Schaefer and Ruben Vives
One of the rare U.S. gold coins found in a cache discovered by a Northern California couple on their daily walk is the finest known coin of its type and valued around $1 million, experts said Wednesday. An 1866 $20 coin printed without the “In God We Trust” motto -- the 1866-S No Motto Double Eagle -- is the highest quality of its kind, said David Hall, cofounder of Professional Coin Grading Services in Irvine, who recently authenticated the coins. When the motto was added to the coin in 1866, some coins were still minted in San Francisco without the phrase, he said.
CALIFORNIA | LOCAL
February 26, 2014 | By Ruben Vives
A cache of 19th century gold coins uncovered by a California couple on their daily walk could end up selling for more than $10 million, making it the  greatest buried treasure ever unearthed in the United States, experts said. Donald Kagin, president of Kagin's Inc., a  numismatic firm that specializes in U.S. gold coins,  announced the discovery Tuesday. The company is representing the couple, who wish to remain anonymous. Identified by  the firm only as "John and Mary" , the couple told Kagin they couldn't believe they had made such a big discovery and were grateful for it. They unearthed the coins after noticing an  old can sticking out of the dirt on a section of their property, the firm said.
BUSINESS
December 14, 2013 | By Jim Puzzanghera
WASHINGTON - To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, "Don't bet on it. " A new analysis by Fed staffers said the old-fashioned greenback is more durable than people realize and replacing it with a $1 coin, which is more expensive to produce, would cost the government $1.2 billion over 30 years. "Based on our analysis of the benefits and costs of a currency-to-coin transition, we believe that the $1 Federal Reserve note should remain in circulation and not be replaced with a $1 coin," concluded the authors of a Fed staff working paper released this week.
BUSINESS
December 13, 2013 | By Jim Puzzanghera
WASHINGTON -- To lawmakers and others arguing that replacing the $1 bill with a $1 coin would save the government money, the Federal Reserve says, “Don't bet on it.” A new analysis by Fed staffers said the old-fashioned greenback is more durable than people realize and replacing it with a $1 coin, which is more expensive to produce, would cost the government $1.2 billion over 30 years. "Based on our analysis of the benefits and costs of a currency-to-coin transition, we believe that the $1 Federal Reserve note should remain in circulation and not be replaced with a $1 coin," concluded the authors of a Fed staff working paper released this week.
BUSINESS
November 15, 2013 | By Salvador Rodriguez
Coin is making waves on the Web by promising to slim down consumers' fat wallets by replacing their credit and debit cards with a single card that can be used for purchases. The San Francisco startup began taking pre-orders for its smartcard at noon Thursday and within 40 minutes the company reached its crowdfunding goal of $50,000. As explained in the video above, Coin is an electronic card holding all of the users' credit and debit card information. Before making a payment, users choose which card they want to use by pressing a button on the Coin card.
BUSINESS
November 14, 2013 | By Salvador Rodriguez
Before being removed from the Apple App Store and Google Play, an app called InstLike duped Instagram users into sharing their login information with the app in order to gain 'likes' and followers, a report said. The app asked users to share their Instagram username and password, all the while reassuring users that it would not misuse the information. But once users shared the information, InstLike turned accounts into digital zombies that would follow other InstLike users who had paid to gain followers and 'likes' for their photos.
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