(Matt McGee)

Guy Ruins It For Everyone Else By Panning For Gold For 18 Months To Make Fiancee’s Wedding Ring

Hear that sound? It’s the clink of the bar being set incredibly high for the rest of us folks, after a very dedicated fellow spent 18 months panning for gold in the Scottish mountains, all so he could make his fiancée a wedding ring.
[More]

Safe To Be Sold For Scrap Contained $2.5 Million In Gold And Silver

Safe To Be Sold For Scrap Contained $2.5 Million In Gold And Silver

Imagine that your relative died, and you made a deal to let someone haul off his huge and heavy safe in return for the right to sell it for scrap. As anyone who has watched “Storage Wars” knows, locked safes can contain junk, they can be empty, and sometimes they can contain untold treasures. In this case, it was the “treasures” thing. [More]

Cleaners Find Load Of Gold Bars In Airplane Toilet Worth $1.8M

Cleaners Find Load Of Gold Bars In Airplane Toilet Worth $1.8M

When you’re responsible for cleaning airplane lavatories, we imagine there aren’t a lot of perks to scrubbing out toilets used by hundreds of passengers. So we can only hope that the cleaners who discovered 280 gold bars in a plane toilet get to keep a couple, just to even out the balance in the universe. [More]

Rococo Dessous

Perhaps You Need Some Underpants Made Of Real Gold

Have you always dreamed of lounging in bed in soft, silky clothes made of precious metal? No, you probably haven’t. Most people wouldn’t. Very rich women, however, have apparently been missing sparkly lingerie in their lives, and now there’s a company prepared to give it to them. [More]

(PlayPennies)

Minnesota Hopes New Background Checks Will Deter Scammy Coin Dealers

As the prices of precious metals began to take off in recent years, so did the number of less-than-legitimate buyers and sellers of coins. These scammy individuals, often ex-cons, tarnished the industry by misleading people into selling their valuable coins for a fraction of what they were worth, along with instances of theft and fraud. This week, Minnesota begins implementing a new law that hopes to discourage these people from getting into the business by requiring criminal background checks. [More]

Former Gold Buyers Say They Were Pushed To Lie To Customers

Former Gold Buyers Say They Were Pushed To Lie To Customers

Sick of burning desperate customers by paying bottom-dollar for gold — and tired of being burned by an employer who allegedly let them write checks the company knew would bounce — a pair of former buyers for one of the country’s largest gold-buying operations are pulling back the curtain on the tactics they were told to use when dealing with customers. [More]

Would You Like Some Gold-Infused Cheese?

Would You Like Some Gold-Infused Cheese?

Fancy artisanal cheeses are all very well and good, but what if you want your dairy products to sparkle? If you enjoy sparkly foods and flaunting your wealth, perhaps Clawson Stilton Gold is for you. The cheese costs £60 per 100-gram slice, or around $95 for about 3.5 ounces. It’s a white Stilton cheese with generous helpings of gold-cinnamon schnapps and edible gold leaf. [More]

Stock Market Drops Most Since 2008

Stock Market Drops Most Since 2008

The stock market continued diving on Monday, with the Dow falling 5.6% and the S&P down 6.7%, the biggest sell-off since December 2008. [More]

Vegas ATM Dispenses Gold Instead Of Cash

Vegas ATM Dispenses Gold Instead Of Cash

If you’re sick of just getting plain-old cash out of the ATM, head over to the Golden Nugget in Las Vegas, where you can withdraw funds from your account in the form of gold. [More]

Ron Paul Wants Us To Use Gold And Silver Along With Paper Money

Ron Paul Wants Us To Use Gold And Silver Along With Paper Money

Ron Paul, career-long proponent of outmoded and discredited Austrian economic theory, went on Colbert last night to talk about how paper money sucks and he wants you you to be able to go into a store and buy a six-pack with some gold ingots. His proof? Paper money can rot and people have believed in the value of gold for centuries. So, gold is “better” because the collective hallucination around it is stronger. This wouldn’t be disturbing except for the fact that Ron Paul is the new Chairman of the House Financial Services Subcommittee on Domestic Monetary Policy. Yeeeeeks. [More]

Figure Out Your Scrap Gold Value With An Online Calculator

Figure Out Your Scrap Gold Value With An Online Calculator

Don’t rely on the buyer to tell you how much your gold is worth, that’s a ripe setup for getting a bad deal. Instead, know the melt value of your gold before you go into negotiations. To make that easier, GoldCalc is a two-step tool that lets you do exactly what its name sounds like. [More]

Figure Out How Much Your Scrap Gold Is Worth

Figure Out How Much Your Scrap Gold Is Worth

If you have a bunch of broken gold chains and necklaces and want to try selling them to a jewelry store, it’s important to know how much they’re worth first. Here’s how to calculate their value like the pros do. [More]

Gold Is Not At A Record High

Gold Is Not At A Record High

Gold, gold, gold! Fools, fools, fools! [More]

Reporters Convert Toxic Assets Into Gold

Reporters Convert Toxic Assets Into Gold

Those crazy NPR Planet Money kids took the money they had left over from their failed toxic asset investment – affectionately known as “Toxie” – and put it all into the next big bubble: gold! For $419 they got one shiny gold coin. In 6 months they’ll sell it, regardless of prices, and in the meantime, report on what happens to it. [More]

Museum That Lets Visitors Handle Gold Directly Has Gold Stolen

Museum That Lets Visitors Handle Gold Directly Has Gold Stolen

A 74-ounce gold bar that was salvaged from the ocean floor in 1980 was stolen from the Mel Fisher museum last week. It’s valued at $550,000, and it was kept on display in a special case that let visitors stick their hands in to lift it. Supposedly the case was designed to prevent any removal of the bar, but somehow a guy managed to pull it out and put it in his pants pocket before walking out. The insurance company is offering a $10,000 reward for its return. [More]

Gold Buyer Ripped Off Consumers With Spring Rigged Scale

Gold Buyer Ripped Off Consumers With Spring Rigged Scale

It sounds like a carnival trick, a spring secured underneath the weighing platform that would push back when items were weighed. [More]

Harper's Magazine: Insider Reveals How You Get Jacked When Selling Jewelry

Harper's Magazine: Insider Reveals How You Get Jacked When Selling Jewelry

Struggling to make next month’s rent, you might be tempted to dig out some necklaces and rings you don’t wear and try to sell it to your friendly neighborhood jeweler. But you might actually be buying a ticket to a sick magic show. The jeweler performs a blistering series of slight of hand tricks, whipping out calculators, spouting off fees, keeping your eye on the supposedly worthless diamonds under a tenth of a carat while double-deducting for the base metal. By the end, you slink out in a dizzied blur, accepting 1/5th of what the piece is actually worth. In this exclusive excerpt from the latest issue of Harper’s, ex-jeweler Clancy Martin takes you on a journey to the dark underbelly of the jewelry game. [More]

Ex-Jeweler Dissects "Buying Roadshow" Ads

Ex-Jeweler Dissects "Buying Roadshow" Ads

The ads are cheesy as all get out: “Buying Roadshow” “Instant Cash For All” “Will pay up to 1100%” in giant block letters and starbursts. And the crazy thing is that they’re really good at packing in suckers eager to sell their “scrap jewelry,” dreaming of riches, but eventually convinced to be happy walking away with a few bucks. Over at Harper’s Magazine, ex-jeweler Clancy Martin takes apart these ads piece by piece and reveals what really goes on behind the black curtain. For instance: [More]