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Newly pressed quarters are moved into a bin for transport at the United States Mint in San Francisco on it’s 75th Anniversary of the Hermann Street Facility on Tuesday, May 15, 2012 in San Francisco, Calif. (Photo By Lea Suzuki/The San Francisco Chro
NEW YORK – A treasure hunt is coming to New York City next week, and participants could win rare coins and banknotes worth up to thousands of dollars.
What we know:
The hunt goes from Oct. 14 to Oct. 18. Each day, rare coin dealer Stack’s Bowers will hide a certificate for a rare coin or banknote in one of “five iconic locations” around the city.
Each morning, the company will post a clue on their social media accounts, directing you to the location of the certificate. The first to find the certificate can bring it in to collect their prize.
Why you should care:
The value of the prizes will range in value from around $300 to a grand prize of $3,500. The daily winner can either opt to exchange the certificate for the prize, or sell the prize back to the gallery for cash.
The grand prize is a $20 gold coin from 1924, valued at approximately $3,500. Across the five days of the treasure hunt, the company is giving away up to $10,000 worth of rare coins and notes.
A 1924 Saint-Gaudens Double Eagle $20 gold coin, graded MS-64 (PCGS), valued at approximately $3,500. (Credit: Stack’s Bowers)
Dig deeper:
In addition to NYC, the treasure hunt is happening in cities up and down the East Coast — in cities where Stack’s Bowers has galleries. The first hunt started Tuesday in Boston. The first prize was a $2.50 gold coin from 1907.
Other hunts are happening in Philadelphia, from Oct. 21 to Oct. 25, and Miami from Oct. 28 to Nov. 1.
What they’re saying:
The company says they hope this event sparks an interest in collecting rare coins.
“As we look toward our centennial, we continue to spread our love of numismatics to the general public,” Stack’s Bowers President Brian Kendrella said in a press release. “Timing our nationwide treasure hunt to coincide with the 90th anniversary of our first auction in October 1935 is a wonderful way to do that.”
The Source: Information in this story is from Stack’s Bowers.