Posted on 11/03/2017 2:14:27 PM PDT by ameribbean expat
AUSTIN, Texas (AP) — An Austin-area city will be home to the Texas Bullion Depository with construction expected to begin early next year.
Texas Comptroller Glenn Hegar on Friday announced the site will be in Leander (lee-AND'-ehr), about 20 miles (32 kilometers) north of Austin. The exact location hasn't been revealed for security reasons.
Hegar in June announced Lone Star Tangible Assets of Austin was selected to build and operate the depository.
The 2015 Legislature approved a plan to start keeping the state's gold holdings within its own borders, instead of in an underground vault at a New York City bank.
Officials haven't said how much Texas gold will be stored at the new facility.
Looks like the official Texas Bullion Gold Coin.
It’s $1200 or so, if you can get it...
I like the centennial half dollars. A really nice design and usually not too expensive.
http://www.ebay.com/bhp/texas-half-dollar
Uncirculated can go for quite a bit of money, but those are more for the serious collector.
Those are pretty, too!
Why is it dated 1987 I wonder?
I think I read that they have moved or sold and replaced most of it. Stored in already secure facilities. Private ones.
Why does US News find it necessary to convert miles to kilometers in a story intended for an American audience?
As an old-timer who lived through FDR's gold confiscation once told me: “If you don't have it in your hand, someone else has it!”
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