Beijing to London Olympic Games Handover Coins
The Royal Mint revealed on Wednesday limited edition silver, gold and base metal £2 coins to commemorate the successful bid of London 2012 and mark the Olympic handover from Beijing.
The coins are the first legal tender UK coinage to display the London 2012 logo and the first to show the Olympic emblem.
Sebastian Coe, chairman of the London 2012 organising committee, said:
"The sale of mementoes of this kind are a tradition of the Olympic and Paralympic movement and one that London 2012 and the Royal Mint will continue with the release of over the four years leading up to the 2012 Games."
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Landlord Demands Rent in Gold Coins, Federal Court Affirms
A Cleveland landlord can demand payments in gold coins, according to a federal appeals court ruling Wednesday.
The U.S. Court of Appeals for the Sixth Circuit ruled a "gold clause" contained in a 1912 lease agreement was enforceable, reversing a lower courts decision and requiring it to determine an equivalent rent.
The breach of contract lawsuit was filed by building owner 216 Jamaica Avenue, LCC against renter S&R Playhouse Realty Co., who had been paying an annual rent of $35,000 since their obligated assumption of the lease in 1982.
Gold and Platinum Rise with Oil, Silver Falls with Dollar
