LOOSE CHANGE: MAY 7, 2023

Canada's $20 banknote and coins will be getting a new look featuring King Charles III, the federal government announced amid celebrations marking the King's coronation.

Following the historic coronation on Saturday, the Bank of Canada said its next design process will replace Queen Elizabeth II's portrait with King Charles' on the $20 bill. Additionally, the Royal Canadian Mint will redesign Canadian coins to feature an effigy of the King, keeping up with the century-old tradition of having the reigning monarch appear on Canadian coins.

No details were given regarding when the redesign process would take place, but the federal government says Canadians should expect to see the design of the new coin effigy in the coming months. Meanwhile, updates to the $20 bill will likely take a few years.

To read the complete article, see:
King Charles III will be the new face of Canada's $20 bill, coins (https://www.ctvnews.ca/mobile/canada/king-charles-iii-will-be-the-new-face-of-canada-s-20-bill-coins-1.6388071)

The Sandhurst graduate, one of the world's rarest coins, and a £3m ‘fraud' A detectorist and former soldier who made £10m from setting up his own auction house is accused of falsely selling a coin from 44BC.

Richard Beale's company sold the Eid Mar coin for a record-breaking £3.24 million and the Sicily Naxos silver coin for £240,000 at the same auction in October 2020.

On a bleak, windy morning in December 2006, Sandhurst graduates prepared to formally completed their military training. Among the new officers who passed out was a quiet, scholarly young man called Richard Beale who spent his time off searching for treasure with a metal detector.

Almost 20 years later, Beale, 38, is the owner of one of the world's foremost auction houses for rare and collectable coins, with net assets of more than £10 million. He is also due in New York criminal court tomorrow accused of the fraudulent sale of one of the world's rarest and most valuable ancient coins.

To read the complete article (subscription required), see:
The Sandhurst graduate, one of the word's rarest coins, and a £3m 'fraud' (https://www.thetimes.co.uk/article/the-sandhurst-graduate-one-of-the-worlds-rarest-coins-and-a-3m-fraud-2sj76kw22)

To read the earlier E-Sylum articles, see:
RICHARD BEALE OF ROMA NUMISMATICS ARRESTED (https://www.coinbooks.org/v26/esylum_v26n11a16.html)
IAPN STATEMENT ON FALSE PROVENANCES (https://www.coinbooks.org/v26/esylum_v26n12a13.html)
IDES OF MARCH COIN RETURNED TO GREECE (https://www.coinbooks.org/v26/esylum_v26n13a27.html)

Two men got away with more than $1 million Tuesday morning from a Brink's truck parked outside a Homewood grocery store, authorities said.

What they didn't know was a location tracking device was inside bundles of cash, which led police right to them, federal authorities said.

Devonte Davis and Darrell Singleton, who were both charged with armed robbery, appeared before a magistrate judge in federal court Wednesday, where they were held pending detention hearings next week, federal authorities said.

The armed robbery happened on the 3100 block of West 183rd Street in Homewood about 9:25 a.m. Tuesday, authorities said. The two suspects allegedly attacked a guard and lugged several containers filled with about $1.1 million from the armored truck, according to the federal complaint.

One of the plastic bins they took had an Apple AirTag location tracking device capable of live transmitting its location and about an hour later police tracked them to the 12400 block of South Justine Street in Calumet Park, authorities said. Officers found hundreds of thousands of dollars, the tracking device, two guns, several Brink's items, including a deposit slip, and clothing matching the description of what the suspects were wearing, according to the complaint.

To read the complete article, see:
Tracking device leads feds to two suspects in heist of more than $1 million from Brink's truck (https://www.yahoo.com/news/tracking-device-leads-feds-two-194500790.html)

In the aftermath of an unusually wet winter, Californians are bracing not only for flooded fields and raging rapids, but also for a potential treasure hunt that experts are dubbing Gold Rush 2.0.

It's one of those 100-years events, Mark Dayton, a Sacramento Valley metal detector expert, told The Hill.

With one atmospheric river after another this past winter, snowpack on the Golden State's mountain peaks piled up to unprecedented heights. But as that snow gushes down the hillsides, the fast and furious flow is shuttling other materials along with it.

What happens is the material is being ripped literally right off the walls of the creeks as they reshape themselves, he added.

By material, Dayton means gold. And he said he anticipates a lot of it this year

To read the complete article, see:
California readies for treasure hunt as floods wash up ‘Gold Rush 2.0' (https://thehill.com/policy/equilibrium-sustainability/3990790-california-readies-for-treasure-hunt-as-floods-wash-up-gold-rush-2-0/)

 

In the annals of natural rock formations resembling human faces, New Hampshire's Old Man of the Mountain was an unrivaled specimen.

Viewed from exactly the right spot on the ground below, the massive stack of granite ledges coalesced into the spitting image of a wizened man's profile, from sloped forehead to jutting chin, an unlikely bit of magic treasured by generations of New Englanders.

And yet. Beloved as he was, the Old Man, may he rest in peace, was a pile of rocks — until the wee hours of May 3, 2003, when the five slabs unceremoniously collapsed, victims of the same slow-moving geologic forces that had sculpted the human likeness in the first place. So why, 20 years later, is the stone face still mourned in New Hampshire like a fallen president, the subject of songs and poems, a Statehouse proclamation and a virtual remembrance event that drew hundreds of viewers on Wednesday?

It's a very predictable question, and one we are still struggling to answer, said Brian Fowler, a geologist who helps run the Old Man of the Mountain Legacy Fund, created after the collapse to nurture the memory of the lost tourist attraction. I think it was a timeless and very reassuring kind of symbol, and people thought it was never going to fall.

 
The Old Man of the Mountain in 1958

To read the complete article, see:
Why the Fuss Over a Rock Formation That Fell? Don't Tell New Hampshire That. (https://www.nytimes.com/2023/05/05/us/nh-old-man-mountain-rocks-collapse.html)

	NBS (coinbooks.org) Web