Someone paid for the bus in England with a strange coin in the 50s. It turned out to be a treasure from Cádiz from 2,000 years ago

In the 1950s, public transportation in the English city of Leeds functioned as that of any other large citywith tickets costing a few pence and collectors checking the change. One day, someone took out a strange coin to pay his ticket and the person responsible for collecting the ticket immediately noticed that it was not a legal British currency. And instead of throwing it away, he decided to keep it. The story. What this cashier who kept the coin did not know, and what it would take his relative seven decades to discover, is that that bus ticket It had been paid with a relic from more than 2,000 years ago and of Spanish origin. From a wooden box to the museum. The story of this peculiar discovery has recently come to light thanks to Leeds Museums and Galleriesnoting that for about 70 years, the coin was forgotten in a small wooden box. The important thing here is that, after the death of James Edwards, who was the one who collected this bus ticket, the piece passed into the hands of his grandson, Peter Edwards, who is now 77 years old. Intrigued by the ancient and worn appearance of the object, Peter decided to investigate its provenance with the help of experts from the University of Leeds, and this is where it was discovered that it was not a piece of scrap metal, but a bronze coin from the 1st century BC. Where it came from. Analysis of the coin revealed that it was not minted in the United Kingdom, but that its origin was thousands of miles away. Specifically in Gadir, present-day Cádiz, in one of the oldest and most prosperous Phoenician settlements in the West. The design of the coin is a classic of Carthaginian and Phoenician-Punic influence in the Iberian Peninsula, with an obverse that shows the profile of Melqart, a deity of the Phoenicians and recognizable for wearing the mythical skin of the Nemean Lion. On its reverse, the coin shows two tunas, the indisputable symbol of the ancient Cádiz fishing industry, accompanied by inscriptions in the Phoenician alphabet. How he came to England. There are many doubts that arise when we talk about a coin from the 1st century BC that ended up being a payment method at a bus station in England. The main hypothesis used by the researchers is the result of the recent historical context, since it is believed that the coin was found in the Mediterranean region by a British soldier during or just after World War II. After taking it to the United Kingdom as a souvenir or amulet, the piece must have ended up mixed with everyday change. From there, it was exchanged as legal tender until it ended up in the box of a curious person who knew that this coin had something unique. Your new home. After unraveling the mystery, Peter Edwards has decided to donate his grandfather’s piece to the local authorities and today, the Gadir coin is part of the Leeds Discovery Centre, an institution that houses thousands of historical coins. And, although it is not a great treasure, it is undoubtedly an artifact that perfectly shows the migrations of everyday objects thousands of years ago. Images | Leeds Museums and Galleries In Xataka | North Africa was off the map in the Bronze Age. A metallic waste has put it at the center of History

Elon Musk’s DOGE would seek to eliminate the penny coin due to its cost

Donald Trump’s entry into the presidency has been dizzying. He has already approved several measures through his executive orders. Within them, he created the Department of Government Efficiency (DOGE) that will be directed by billionaire Elon Musk. And like the president, the owner of X already has his first objective when assuming his new position: remove the penny. According to a recent post on XDOGE wrote that the cost of producing a penny in the United States exceeds its nominal value, which makes it an unnecessary expense for taxpayers. According to the data provided, the US government currently spends more than 3 cents to manufacture each penny, while its value is just 1 cent (¢1). The DOGE highlighted that the US Mint produced more than 4.5 billion pennies in fiscal year 2023, representing about 40% of all coins in circulation. This process cost taxpayers more than $179 million dollars in that same year.. This figure reflects a considerable increase, since in 2016 the cost of manufacturing a penny was only 1.5 cents, less than half of what it costs today. The focus of DOGE is not limited to just the penny. Under Musk, the goal is to reduce federal spending significantly. In previous statements, former President Donald Trump assured that DOGE would provide recommendations to “cut excessive regulations, eliminate unnecessary spending and restructure federal agencies.” Musk, for his part, has made it clear that his group aims goal to reduce annual federal government spending by $500 billion. The rising cost of producing a penny is not new. According to the US Mint’s annual report for 2024, now Approximately 3.7 cents are spent for every penny manufactured and distributed. This is due in part to the increase in the price of zinc, the main material used in its manufacture, whose cost per metric ton has doubled in value since 2016. Over the years, there have been several proposals to discontinue pennies minting, including a suggestion in 2015 by then-Treasury Secretary Jacob Lew. However, some economists have warned that Removing pennies could come with complicated side effects, such as rounding off prices to multiples of 5 centswhich could lead to increases in the costs of small products. Other countries have made the decision to eliminate their low-value currencies. Canada, for example, stopped minting its one cent coin in 2012. A 2018 economic analysis found that, as a result of this move, Canadian consumers paid an additional $3.27 million annually due to price rounding in supermarkets. However, it is recognized that eliminating pennies can also reduce operating costs, such as the time it takes to count and exchange these coins, which, as the old business adage goes, “time is money.” DOGE is not limited to just the penny. According to the 2024 Mint report, nickel is also in the spotlightsince it costs about 14 cents to produce and distribute each 5-cent coin. You may also be interested in:

This is the 2014 special edition half dollar coin worth up to $3,500

In 1964, the United States Mint issued a 50-cent “Kennedy” coin in memory of President John F. Kennedy a year after his tragic assassination, but In 2014, a special edition was produced that commemorated the 50th anniversary of his death.and this piece has become one of the most coveted by collectors. Recognizing this coin is very simple, on the obverse you can see Kennedy’s profile face, designed by Gilroy Roberts, chief engraver of the Mint, and on the reverse, the President’s Seal, authored by Frank Gasparro. It has the Denver “D” mintmark and it is estimated that there were approximately 197,608 copies. This currency It is not only sought after by collectors for its historical importance, but also managed to receive the highest grades from the Professional Coin Grading Service (PCGS): MS-64: up to US$10 dollars. MS-64: up to US$11 dollars. MS-66: up to US$14 dollars. MS-67: up to US$32 dollars. MS-68: up to US$110 dollars. MS-69: up to US$250 dollars. MS-70: up to US$3,500. This particular piece was analyzed by experts who determined that It was in excellent condition with no scratches, dents, stains or wear. Keep reading: –What is the buffalo nickel coin worth more than $100,000 like?–1888 Cent: A Valuable Treasure That Could Fetch More Than $38,000-The eye and the pyramid of the $1 bill: its true meaning

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