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The prestigious firm Stack’s Bowers, one of the most recognized numismatic auction houses in the world, has announced an unusual challenge that combines history, collecting, and adventure: a treasure hunt in Miami featuring coins valued in the thousands of dollars.
The company is celebrating its 90th anniversary with a series of special events in various cities across the United States, during which it will hide certificates for numismatic prizes that can be redeemed for gold and silver coins.
“We are going to have a treasure hunt from October 28 to November 1. We will be giving away gold coins,” explained Hernán Urrutia, numismatist from Stack’s Bowers Retail, in statements to the local press.
The event, which will also stop in Boston, New York, and Philadelphia before arriving in Miami, will offer a hidden certificate each day and five chances to win in each city.
According to the official information, the prizes can amount to up to $3,500, and the winners may keep the prize, consign it, or receive an immediate cash offer.
The mechanism is simple: participants must follow the official accounts of Stack’s Bowers, enable notifications, and solve the daily clues that will be posted on social media.
Whoever finds the certificate must take a selfie with it and send a direct message to the company to claim their prize in the local gallery.
"This is your chance to take home a piece of numismatic history," states the announcement published by the company.
Gold breaks records and sparks interest among investors
The announcement by Stack's Bowers coincides with a historic surge in the value of gold, which this week exceeded $4,000 per ounce, according to reports from Telemundo 51.
“A year ago, an ounce of gold was valued at around $2,800, and now it stands a little over $4,000. So, that's a huge difference,” stated specialist Andrés Felipe Cortázar, who is also based in Miami.
The increase has sparked renewed interest among both investors and collectors.
Experts agree that the phenomenon is driven by a combination of economic and geopolitical factors.
“Basically, there is inflation. That is what we have in the world. We see that the value of the dollar is decreasing,” Urrutia explained.
For his part, Cortázar added that "monetary policies and international conflicts have led investors to seek tangible assets, something that provides them with greater confidence."
Global uncertainty and refuge in precious metals
Among the factors fueling the rise of gold is the record increase in U.S. public debt, which has already surpassed 37 trillion dollars, along with the risk of a federal government shutdown and conflicts in various regions around the world.
"The geopolitical situation is driving investors to seek physical assets," Cortázar reiterated.
"When the market is afraid, it seeks refuge in metals to protect capital," Urrutia agreed.
Both experts highlight that gold retains its appeal because it is a tangible asset that is universally accepted.
"It can easily be exchanged for euros, pounds, or any currency you wish to exchange later. Additionally, many banks are also buying it," Urrutia explained.
The U.S. dollar index, which measures the value of the greenback against six major currencies, has fallen by nearly 7% since the beginning of the year, while gold continues its ascent.
An experience that combines history and real value
The search organized by Stack's Bowers is not only a promotional strategy but also a way to bring the public closer to the historical and cultural value of numismatics.
"Let's give away $10,000 in gold and silver pieces. We will post clues on our social media from October 28 to November 1 for people to participate," Urrutia emphasized to Telemundo 51.
For five days, the residents and visitors of Miami will have the opportunity to become modern treasure hunters, with the chance to discover a piece of genuine historical and economic value.
Frequently Asked Questions about Treasure Hunting in Miami
What is the treasure hunt organized by Stack’s Bowers in Miami?
The treasure hunt is an event organized by Stack’s Bowers, a renowned numismatic auction house, celebrating its 90th anniversary. It involves finding numismatic prize certificates hidden in Miami, redeemable for gold and silver coins valued up to $3,500. The event will take place from October 28 to November 1.
How can I participate in the treasure hunt in Miami?
To participate, interested parties must follow Stack’s Bowers' official social media accounts, turn on notifications, and solve the daily clues that will be published during the event. Those who find a certificate must take a selfie with it and send a direct message to the company to claim their prize.
What is the relationship between the event and the increase in the value of gold?
The event coincides with a historic surge in the value of gold, which has recently surpassed $4,000 per ounce. This increase has sparked renewed interest among investors and collectors in gold and historical coins, adding to the allure of the Stack’s Bowers event.
Why is gold considered a safe haven for investors?
Gold is considered a safe haven due to its nature as a tangible and universally accepted asset, especially during times of economic and geopolitical uncertainty. Factors such as inflation, the decline in the value of the dollar, and international conflicts have led investors to seek gold as a reliable investment.
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