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Latest News

£13bn Shipwreck

Thursday, July 19, 2018

Research following the discovery of the shipwrecked San Jose off the Colombian coast has revealed that an estimated £13bn worth of cargo maybe on board consisting of gold, silver and emeralds. The San Jose was sunk by the British in 1708 during the War of Spanish Succession. Marine excavation work is now underway to salvage the treasure.

Hatton Garden Deposit Box Burglary

Tuesday, April 7, 2015

Over the Easter weekend, the Hatton Garden Safe Deposit Ltd. vault was accessed by burglars and a number of safety deposit boxes were raided. The boxes are used by many members of the Hatton Garden trade for the safe keeping of precious metals and diamonds. The value of the robbery has not yet been released.

A Pot of Buried Gold

Monday, March 3, 2014

A Californian couple have hit the jackpot after they discovered $10m (£6m) of mint condition gold coins buried underneath an old tree in their back garden. The face value of the 1,427 coins, which date from 1847 to 1894, is around $27,000 (£16,000) but some of them are so rare they could sell for nearly $1m (£600,000) each.
The husband and wife made the find inside eight rusted metal cans as they walked their dog on their property in California.

Winter Olympics: Are the medals really gold?

Sunday, February 23, 2014

Lizzie Yarnold has won Team GB’s sole gold medal at the Sochi Olympics – but is it really made of gold?

The answer is “No”! In the early 20th century Olympic games the medals were indeed made of gold, however since 1920 the gold medals have been made of gold plated Sterling silver.

The Olympic medals have minimum standards laid out by the IOC. Amongst the criteria cited are the minimum diameter of 60mm, minimum gauge of 3mm, at least 6 grams of gold plate and the name of the Olympic sport engraved up on it. The Sochi medals are the same size as those awarded at London 2012 with a diameter of 100mm, however their intrinsic value has fallen in line with the metal prices!

240 years of Sheffield Assay Office

Thursday, September 12, 2013

Yesterday marked the 240th anniversary of the opening of the Sheffield Assay Office. The Sheffield and Birmingham offices were set up by an Act of Parliament largely due to the influence of Matthew Boulton. Birmingham opened its doors on August 31st 1773 and Sheffield on September 11th.