News & Notes

Notable News (June 4-10, 2024)

Published June 10, 2024 | 1 min read

By Darcie Graybill

This week’s headlines include England’s King Charles III bank notes in circulation, sales of the U.S. Mint’s first 24kt gold proof coin, and magnet fishers who hit the jackpot.

Bank notes featuring King Charles III’s portrait have entered circulation. The Bank of England will gradually release the new notes as they are needed, and bills featuring the late queen are still legal tender. This is the first time that a new monarch has appeared on Bank of England notes since Queen Elizabeth II’s debut in 1960.

Photo: Bank of England

The U.S. Mint will begin selling 2024 American Buffalo gold proof coins on June 13. Featuring designs based on James Earle Fraser’s original motif, this issue contains 1 ounce of .9999-fine 24kt gold. It is the first 24kt gold proof coin ever struck by the U.S. Mint.

Photo: U.S. Mint

A New York couple using a powerful magnet to search a creek in Queens for treasures unexpectedly pulled up a cash-filled safe. The magnet fishers found $100,000 worth of $100 bills inside the safe and notified police. Authorities could not trace the money and the pair was allowed to keep their find.

Photo: Getty Images/Triangle_c

COINage magazine has named Richard Kenneth “Kenny” Duncan Sr. as “Numismatist of the Century” for his tireless work and dedication to numismatics. Duncan is the owner and founder of U.S. Coins & Jewelry in Houston, Texas. He has transformed and modernized the hobby through his work, setting the standard for dealers and collectors.

Photo: U.S. Coins & Jewelry