Treasure Hunt Challenge in Miami Offers Up to $3,500 in Prizes

The renowned numismatic auction house, Stack’s Bowers, has unveiled an extraordinary challenge that blends history, collection, and adventure: a treasure hunt in Miami featuring coins worth thousands of dollars. Celebrating its 90th anniversary, the company is hosting a series of special events across several U.S. cities, where it will hide numismatic prize certificates redeemable for gold and silver coins.

"We're launching a treasure hunt starting October 28 through November 1. We will be giving away gold coins," explained Hernán Urrutia, a numismatist with Stack’s Bowers Retail, in an interview with local media. The event, which will also take place in Boston, New York, and Philadelphia before reaching Miami, will feature a hidden certificate each day, providing five chances to win in each city.

How to Join the Treasure Hunt

According to official information, prizes could reach up to $3,500, and winners have the option to keep the prize, consign it, or receive an immediate cash offer. The process is straightforward: participants must follow Stack’s Bowers’ official accounts, enable notifications, and solve daily clues posted on social media. The person who finds the certificate needs to take a selfie with it and send a direct message to the company to claim their prize at the local gallery.

"This is your chance to take home a piece of numismatic history," the company’s announcement emphasizes.

Gold Prices Soar, Attract Investors

The announcement from Stack’s Bowers coincides with a historic surge in gold prices, with the metal surpassing $4,000 per ounce this week, as reported by Telemundo 51. "A year ago, an ounce of gold was worth about $2,800, and now it's a bit over $4,000. That's a huge difference," noted Miami-based specialist Andrés Felipe Cortázar. This increase has sparked renewed interest among both investors and collectors.

Experts agree that the phenomenon is driven by a mix of economic and geopolitical factors. "Basically, there's inflation. That’s what we have globally. We see the value of the dollar decreasing," explained Urrutia. Cortázar added, "Monetary policies and international conflicts have led investors to seek tangible assets, something that gives them more confidence."

Global Uncertainty and the Safe Haven of Gold

The surge in gold prices is fueled by record levels of U.S. public debt, now exceeding $37 trillion, along with the risk of a federal government shutdown and conflicts in various world regions. "The geopolitical situation drives investors to seek physical assets," reiterated Cortázar. "When the market is fearful, it turns to metals to safeguard capital," agreed Urrutia.

Both experts highlight that gold maintains its allure because it is a tangible asset, universally accepted. "It can be easily exchanged for euros, pounds, whatever currency one might want later. Plus, many banks are also purchasing it," Urrutia explained. The U.S. dollar index, which measures the greenback's value against six major currencies, has dropped nearly 7% since the beginning of the year, while gold continues its ascent.

An Event Merging History and Real Value

The treasure hunt organized by Stack’s Bowers is not just a promotional strategy but also a means to engage the public with the historical and cultural value of numismatics. "We are giving away $10,000 in gold and silver pieces. We will post clues on our social media from October 28 to November 1 for people to participate," Urrutia emphasized to Telemundo 51.

For five days, Miami's residents and visitors will have the opportunity to become modern treasure hunters, with the chance to discover a piece of genuine historical and economic value.