Archive for November 2010
I found this safe while exploring the DFW Craigslist antique section. The Victor Patent Lock and Safe Company was based out of Cincinnati, Ohio. Safe is from the early 1900’s and shows heavy signs of wear. The safe is located in Hillsboro, Texas. I wonder what kind of black gold riches were locked away in the old beauty.
Many of us think of melting gold and silver down and having a safe full of precious metal bars, don’t you? Here is something we don’t always think about as much, most likely due to the scale of the project. Melting down Nickels and Pennies. Keep in mind copper and nickel are holding their own in the metal market. Well the U.S. Mint has something to say about this: “The United States Mint today announced a final rule to limit the exportation, melting, or treatment of one-cent (penny) and 5-cent (nickel) United States coins, to safeguard against a potential shortage of these coins in circulation.” So not only melting the coins is illegal, but these marketing companies can’t paint them up, put them in plastic, and overcharge for them either. I like this rule, and glad the Mint stepped in and did something. Check out the Mint press release for more details: United States Mint Limits Exportation & Melting of Coins. Here is the Federal Register Notice.
The United States Bullion Depository holds about 147.4 million troy ounces of gold.
United States Mint at West Point, New York
West Point was once just a bullion depository. They are now responsible for minting the entire family of American Eagle proof and uncirculated coins in gold, silver, and platinum.
I came across this Harring-Hall-Marvin Safe on the City of Angles Craigslist collectibles section.
Based in Hamilton, Ohio, the Herring-Hall-Marvin Safe Company was a consolidation of Hall’s Safe & Lock Co., Cincinnati; Marvin Safe Co., New York City; and Farrel & Co. and Meyers & Smith, Philadelphia, according to Stephen D. Cone in A Concise History of Hamilton, published in 1901. H-H-M continued until it was purchased by the Diebold Safe Company in 1959. Diebold was accumulating a monopoly in the industry and so was ordered to sell or close down H-H-M, so the plant was closed between 1962-1964. During both world wars, Herring-Hall-Marvin produced equipment for the armed services. During World War II, it built gun mounts for the U. S. Navy and was engaged in projects related to the atomic bomb.
This is a great safe, made by a company with some incredible history. If I were in LA, I might just have to go buy it!
This branch is responsible for minting the regular and silver proof coins sold to collectors. As of 2011 this branch is also minting the American Silver Eagle bullion coin due to the increase in the demand of silver.