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Gold coins to the Salvation Army

WeissWeiss Posts: 9,941 ✭✭✭✭✭
By JAN DENNIS, Associated Press Writer

PEORIA, Ill. - Salvation Army officials don't know who has been dropping gold coins into their holiday kettles over the past 20 years, but they hope the mysterious donations continue.


More than 300 gold coins have been collected since the early 1980s, with an average value of about $200 each, said Cliff Marshall, spokesman for the charity in Chicago, where the tradition began.

Chicago bell-ringers have brought in 10 gold coins so far this year. They aren't the only ones.

In Kirksville, Mo., someone donated a gold coin that was minted 20 years before the Civil War, worth nearly $1,000. A $400 South African Krugerrand was dropped in a kettle in Bloomington, Ill., meaning 12 extra families will get a complete Christmas dinner.

But officials still don't know where the coins come from.

The mysterious tradition began in 1982, when someone slipped a gold coin into a kettle in the Chicago suburb of Crystal Lake. The donations have occurred there ever since and have spread across Illinois and about a dozen other states.

The phantom donors almost always conceal the coins, usually folding dollar bills around them. They range from small gold pieces worth about $15 to Krugerrands that can fetch $600 from collectors.

The gold coins have been worth a total of about $60,000. That's just a fraction of the $3.5 million collected by the Salvation Army last year in Chicago alone. But the mystery donors may have more than money on their mind.

Some believe the coin droppers might have been helped by the relief agency in the past. Or they might just like the thrill of seeing the donation play out in the media. One woman called last summer to say her late mother left gold coins in the kettles each year because she liked the buzz it created, Marshall said.

Rich Draeger, spokesman for Salvation Army's Peoria division, said the timing of the donations suggest they might be an inside job. He said gold coins tend to show up when giving starts to lag, indicating it might an attempt by the charity to generate extra publicity.

"It seems to be a benefactor who knows that it's going to mean a lot more than a $300 or $400 coin — it's going to bring attention," Draeger said.

Borochoff, president of the American Institute of Philanthropy, a charity watchdog group, doubts the Salvation Army is planting the coins to create publicity.


"They're a heavy-duty Christian group, so that may go against their principals," he said.


Marshall, for one, hopes the mystery is never solved. "It's more fun to speculate than to know for sure," he said.

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We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame

Comments

  • They've been running that story today on CNN Headline News. I think it's cool. And I hope the philanthropist remains anonymous.
    image Monster Wavy Steps Rule! - 1999, WSDDR-015, 1999P-1DR-003 - 2 known
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  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭
    It would be cool to see a 1933 saint show up in the "pot." That might clear the way to monetize with the SA and the Govt splitting the proceeds.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • interesting this has come up as a thread. I am going to put 2 $10 libs into a kettle on 12-23 or 12-24 in Houston. The reason for this is that I was helped about 11 years ago by the Salvation army. It is my turn to give back since they gave to me when I was in need 11 years ago.

    I challenge everybody from the boards to do the same.


  • << <i>I agree much more class to do it quiet like. >>



    I have been told I have little class so this confirms it.

    image
  • Cool!
  • dthigpendthigpen Posts: 3,932 ✭✭


    << <i>

    << <i>I agree much more class to do it quiet like. >>



    I have been told I have little class so this confirms it.

    image >>



    image


  • << <i>

    << <i>I agree much more class to do it quiet like. >>



    I have been told I have little class so this confirms it.

    image >>




    I can vouch for him on this. image














    Seriously though, Jason is great to deal with. image
    image

    image
  • dthigpendthigpen Posts: 3,932 ✭✭
    I know it's neat to drop gold in there. There are some problems that could arise with it though, plus I'm guessing they might not be getting full realized market value for these coins (I could be wrong). Wouldn't it be easier for them and much better just to sell the coins yourself at fair market prices and drop a check in the Salvation Army bucket? (I know it's not as neat, but it definately works!)
  • You're just mad because your contribution of holey coins didn't get any attention. image

    image

    image
  • dthigpendthigpen Posts: 3,932 ✭✭


    << <i>You're just mad because your contribution of holey coins didn't get any attention. image >>



    I don't donate to the Salvation Army, so no problem there image
  • DMWJRDMWJR Posts: 6,006 ✭✭✭✭✭


    << <i>

    << <i>I agree much more class to do it quiet like. >>



    I have been told I have little class so this confirms it.

    image >>




    Jason, I have lots of class . . . and it's all low.

    I'm glad you have chosen to participate in this. The Salvation Army is a great organization.
    Doug
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I know someone who won a 2 1/2 peso at my metal detecting club's annual holiday party 2 years back. It's the damndest thing. He can't remember what he did with it. He knows he had it when he went out Christmas shopping, but he can't recall seeing it after he went into the store...

    I'd like to know what the Salvation Army does with these coins. I mean, do they eBay them? Seems like not only a good promotional tool, but a way to fundraise. As generous as the numismatic community seems to be, I bet people would bid well over melt for a genuine Salvation Army bucket coin.
    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame

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