Voice of the White House

October 15, 2019

Washington, D.C.:
In 1984, over 2,000 extremely rare, nearly mint condition, ancient Greek silver coins, dating from 465 BC, were unearthed near Elmali in Turkey. The horde of coins, in violation of Turkish law, quickly circulated into the international marketplace, and many coins sold for huge sums of money. Discovering that their national treasures had apparently been looted, the irate Turkish government forced the return of most of the horde through legal and diplomatic means. The British Museum inspected some of the rarer specimens and concluded that the entire collection had been recently manufactured at the Bulgarian State Mint in Sofia by that country's intelligence agency to raise much needed Western currency. Following this revelation, the value of rare Greek coins dropped like a bad habit by irate investors and collectors.