Friday, May 7, 2010
5/7/2010 - Two Found Objects for ID, Beach Renourishment, and Coin Melt Values
Two Items Found Yesterday.
These metal detector finds were found by Robert W., who sent in the photos. I had a great selection of finds to choose from today and chose to present these two mystery items for a variety of reasons.
Robert says, "... The one piece appear to be some type of forged tool with a point on one end and a chisel on the opposite end.
The encrusted is a coin and what appears to be a copper or brass head to a small nail that have attached to a piece of iron."
If you can offer any help in identifying these items, please write me.
Here is your chance if you don't want to pay millions of dollars for more sand to be dumped on our beaches.
The Army Corps of Engineers will accept public input on a beach renourishment project that would involve the beach from the power plant to the Martin County line.
The meeting will be 6 to 8 p.m. May 19 at the St. Lucie County Commission Chambers, 2300 Virginia Ave., Fort Pierce. The sand will come from an area roughly 3 miles offshore.
Comments can be submitted to the Corps of Engineers, Attn: Mr. Garett Lips, 4400 PGA Blvd., Suite 500, Palm Beach Gardens, FL 34410; or e-mailed to: Garett.G.Lips@usace.army.mil. before May 20.
Here is the link.
If you follow the stock market at all, you had a big scare yesterday. The DOW fell over 900 points in a matter of minutes. I'm sure people all around the world were thinking Great Depression for a while.
And you have to think about cyber terrorism. They still don't know exactly what happened to upset the world's financial markets in a matter of seconds.
The DOW recovered nearly half of its earlier loses before the end of the day, but it was a scare that will continue to affect the stock market and financial system of the world for a while. As is always the case when there is a scare like that some people sought safety in gold, which closed at over $1200 per ounce. Gold is doing well, even though the dollar has also been doing well lately with all the turmoil in Europe, especially Greece.
If you've been keeping track, silver has been doing well too. Not too long ago I recommended silver, which I think will do as well as gold over the long term, and is more affordable.
Here is a coin that I found. It is the sort of thing that when you dig it up, you might get excited when you first see it. It's not easy to identify quickly and you might think you got something really good. But then when you have a chance to really look at it, you discover that it isn't anything very exciting.
It is a 1957 Mexican Peso, and I was able to find the silver content and melt value from a web site that I just found. Although I would not be selling either silver or gold right now unless you really need the cash, you still might find this web site useful.
Forecast and Conditions.The seas remain calm for the time being even though the wind has shifted. It looks like the seas will increase to about three of four feet by Monday. That will stir up the front beach ever so slightly. It won't improve conditions much, but if you've hunted out your favorite low tide areas, it might do enough to make them worth checking again.
I don't expect anything better than continuing poor conditions for the next few days.