Gold bullion dealer sues O.C. men over ‘extortion caper’
Orange County Register, CA
Newport-based Monex seeks damages from father and son who demanded $20 million to halt criticism of firm. Watch what you say about Monex Deposit Co. – the Newport Beach precious metals dealer doesn’t take kindly to insults. Case in point: Richard and Jason Gilliam of Laguna Woods, a father and son who lost $32,000 after investing with the firm, launched a Web site bashing the company and now face a defamation lawsuit seeking $6 million in damages.
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Sunken treasure stirs international booty battle
Today Show – MSNBC
Stemm, the CEO of Odyssey Marine Exploration, does have in a warehouse somewhere in Florida is a haul of hundreds of thousands of coins — gold pieces of eight and silver coins — that the Spanish government says belongs to the people of Spain. A U.S. District Court judge who has been hearing arguments in the case since last year is expected to rule soon on who is the rightful owner of what is reported to be the largest treasure ever recovered from the deep. In an appearance Tuesday on TODAY, Stemm told Ann Curry that his company has already suggested to the court and Spain what it feels is a reasonable solution:
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Lawmaker proposes Medal of Honor coin
Stars and Stripes
A Pennsylvania congressman is pushing for legislation to honor some of America’s most heroic men and women. Congressman Christopher Carney, D-Pa., has proposed the Medal of Honor Commemorative Coin Act of 2009. The bill would require the minting of two commemorative coins — one gold and one silver — in 2011 with designs that recognize the three Medals of Honor. The Army, Navy and Air Force each have separate Medal of Honor designs.
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Seeing Spots Is Not Necessarily a Bad Thing
NGC
The experts at NGC share their thoughts about copper spots on gold coins, including how these spots can affect a coin’s grade and what can be done about them. This article originally appeared in the Professional Numismatists Guild’s quarterly newsletter. Buyers of gold coins, unless they are seasoned numismatists, are frequently puzzled by the appearance of reddish spots or streaks on vintage gold pieces. Known in the coin business as “copper spots,” .
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Escala Group Announces Settlement of SEC Investigation
Yahoo Finance
Escala Group (ESCL.PK), announced that it has reached a settlement with the United States Securities and Exchange Commission (the “SEC”), resolving charges filed today against the Company in connection with the SEC’s investigation into the Company’s historical transactions with its majority-owned shareholder, Afinsa Bienes Tangibles, S.A. Greg Roberts, Escala Group’s President and CEO, said, “We are very pleased with this resolution of the SEC investigation as it relates to the Company. We are continuing to focus on the future of Escala Group,
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2009 United States Mint Presidential $1 Coin and First Spouse Medal Set™ (William Henry Harrison) Available April 7
US Mint
The United States Mint will begin accepting orders for the 2009 United States Mint Presidential $1 Coin and First Spouse Medal Set (William Henry Harrison) on April 7, 2009. The set includes an uncirculated William Henry Harrison Presidential $1 Coin and a bronze medal bearing the portrait of Anna Harrison featured on the First Spouse Gold Coin struck in her honor.
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