Gold houses, hotels, diamonds, and rubies adorn a Monopoly set now on display in New York at the Museum of American Finance on Wall Street. Let's take a look.
The game of Monopoly has reached a new gold standard.
A one-of-a-kind 23-carat gold-plated version of the real estate board game has been brought to Wall Street and is on display inside the Museum of American Finance.
Each of the game's tokens, hotels, and houses are solid gold.
Master jeweler and artist Sidney Mobell, who created the set, says many of the pieces are encrusted with fine jewels.
[Sidney Mobell, Gold Monopoly Set Creator]:
"All the little houses and hotels are 18 carat solid gold. On the chimneys of houses are genuine rubies, on the chimneys of the hotels are genuine sapphires."
The gold-bathed game is on loan from the Smithsonian Institution National Museum of Natural History in Washington, DC.
[Sidney Mobell, Gold Monopoly Set Creator]:
"It took a year to make from start to finish. Actually, it isn't just a set, it's a piece of art."
Mobell said he created the gold Monopoly set in 1988 for London's World Monopoly Tournament.
Mobell said the game has an estimated value of $2 million, but added, the precious game is priceless.
[Sidney Mobell, Gold Monopoly Set Creator]:
"I would say right now, if I still owned the set, and I didn't donate it to the Smithsonian, I would turn down 100 million dollars. If someone offered, I'd say forget it."
The gold and gemstone monopoly set will be on display at the Museum of American Finance through October 2012.
Monday, November 15, 2010
Beware Store Credit Cards
WalletPop's Vera Gibbons says consumers should be aware that store cards often carry much higher interest rates than bank cards.
Market Close Wrap-Up: November 15, 2010
Market Close Wrap-Up: November 15, 2010
"The major U.S. equity indices closed mixed Monday.
In the headlines today...Republican economists attacked the Federal Reserve's plan to stimulate the economy. The central bank announced last week it's decision to purchase $600 billion in Treasury bonds.
The economists wrote in a letter that this action risks ""currency debasement and inflation, and we do not think [it] will achieve the Fed's objective of promoting employment.""
In economic news, the Commerce Department reported that retail sales jumped 1.2% during October - the largest upturn since March.
However, excluding automobiles, sales increased by 0.4%.
In corporate news, EMC Corp. (NYSE:EMC) purchased software design firm Isilon Systems, Inc. (NASDAQ:ISLN) in a $2.25 billion cash deal.
Lowe's (NYSE:LOW) reported Q3 earnings of $0.31 per share, coming in one penny ahead of consensus. The retailer posted revenue of $11.6 billion, which missed consensus of $11.75 billion.
And..BHP Billiton Ltd. (NYSE:BHP) retracted its bid for Potash Corp. (NYSE:POT). The company instead reinstated its share repurchase program worth $4.2 billion.
Taking a look at how the major U.S. indices closed on Monday...The Dow Jones Industrial Average (DJI) closed slightly higher by a fraction of a percent at 11,202, the S&P500 (INX) closed slightly lower at 1,198, and the Nasdaq Composite (IXIC) closed near two-tenths of a percent lower at 2,514."
"The major U.S. equity indices closed mixed Monday.
In the headlines today...Republican economists attacked the Federal Reserve's plan to stimulate the economy. The central bank announced last week it's decision to purchase $600 billion in Treasury bonds.
The economists wrote in a letter that this action risks ""currency debasement and inflation, and we do not think [it] will achieve the Fed's objective of promoting employment.""
In economic news, the Commerce Department reported that retail sales jumped 1.2% during October - the largest upturn since March.
However, excluding automobiles, sales increased by 0.4%.
In corporate news, EMC Corp. (NYSE:EMC) purchased software design firm Isilon Systems, Inc. (NASDAQ:ISLN) in a $2.25 billion cash deal.
Lowe's (NYSE:LOW) reported Q3 earnings of $0.31 per share, coming in one penny ahead of consensus. The retailer posted revenue of $11.6 billion, which missed consensus of $11.75 billion.
And..BHP Billiton Ltd. (NYSE:BHP) retracted its bid for Potash Corp. (NYSE:POT). The company instead reinstated its share repurchase program worth $4.2 billion.
Taking a look at how the major U.S. indices closed on Monday...The Dow Jones Industrial Average (DJI) closed slightly higher by a fraction of a percent at 11,202, the S&P500 (INX) closed slightly lower at 1,198, and the Nasdaq Composite (IXIC) closed near two-tenths of a percent lower at 2,514."
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