Analysis of the global market, liquidity, supply and demand, gold as a monetary asset. Market news and reports

www.marketintelligence.gold.org

Gold

"Generous" gold coin donation to Salvation Army > Gold News > World Gold Council, gold market information and intelligence

 

"Generous" gold coin donation to Salvation Army

Wednesday, 5th December 2007 (2501 views)

An anonymous donation of a gold coin to the Salvation Army in Cape Girdardeau, Missouri, has been made for the 11th year in a row, according to the Southeast Missourian newspaper.

Wrapped in a $1 bill, the gold coin was discovered in a Salvation Army red kettle located at the entrance to a shopping mall on December 1st.

The coin, a quarter-ounce $10 Lady Liberty gold piece, was sold to a local jeweler for $225 (£110), with all proceeds to benefit the charity's Red Kettle Christmas campaign.

"Some of the bigger cities, like St. Louis or Chicago, they have a tradition of this for 25 years," said Salvation Army Major Ben Stillwell.

"For a community our size, it speaks volumes to the generosity of our community," he added.

Anonymous gold coin donations have been a popular topic among Salvation Army workers and volunteers this holiday season.

Recently, gold coins have appeared in charity kettles throughout the United States, including donations of one-ounce American Eagle coins and South African Krugerrands.

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

News Archive:

 
 

Search

Search our gold investment information.

  • Gold Spot Price
  • Bid:[Retrieving Data]
  • Ask:[Retrieving Data]
  • Last Update:[Retrieving Data]
© 2008 World Gold Council - all rights reserved. Produced and managed by CFP Group.