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The Padmanabhaswamy temple treasure is a collection of valuable objects including gold thrones, crowns, coins, statues and ornaments, diamonds and other precious stones. It was discovered in some of the subterranean vaults of the Padmanabhaswamy Temple in Thiruvananthapuram, in the Indian state of Kerala, when five of its six (or possibly eight) vaults were opened on 27 June 2011.
The face value of the coins totaled $27,980, but was assessed to be worth $10 million. The hoard contained $27,460 in twenty-dollar coins, $500 in ten-dollar coins, and $20 in five-dollar coins, all dating from 1847 to 1894. The collection is the largest known discovery of buried gold coins that has ever been recovered in the United States. [1]
This is a list of hoards (buried treasure caches) that were unearthed in North America. "Unearthed" unusually means they were found buried in the ground but some are hidden by other means. Baltimore gold hoard [1] Bank of New York Hoard [2] Castine Hoard [3] Dawson Film Find [4] Great Kentucky Hoard [5] Saddle Ridge Hoard [6]
Gus Farber, a diamond and jewelry merchant from San Francisco, was prosecuted for the sale of thirteen $20 gold coins without a license. Secret Service agents discovered the sale with the help of the buyer. Farber, his father, and 12 others were arrested in four American cities after a sting operation conducted by the Secret Service. The ...
Gold smuggling was rampant in India until liberalisation, which repealed The Gold (Control) Act, 1968 that prohibited the import of gold except for jewellery. [4] In the 2011–12 period India's current account deficit burgeoned to 4.2% of its GDP. [5] This was due to high prices of oil and gold, which the country imports in huge volumes. [6]
Archaeologists found gold plates, beads and earrings along with several sacrificial victims. Gold treasure trove uncovered in 1,200-year-old elite burial in Panama. Take a look
The Gold (Control) Act, 1968 is a repealed Act of the Parliament of India which was enacted to control sale and holding of gold in personal possession. High demand for gold in India with negligible indigenous production results in gold imports, leading to drastic devaluation of the Indian rupee and depletion of foreign exchange reserves to alarming levels.
Rather, it was an idealised place, perhaps equivalent to Atlantis in Western history, a distant somewhere to the east of India where traders, sailors, and Buddhist and Hindu teachers went to make their fortunes and spread their teachings and bring back gold and other exotic products desired by a rising elite and the wealthy classes at home.” [8]