“Mayer Amschel Rothschild believed selling rare and antique coins to the right people could lead to bigger things. He was right. Cultivating rich and well-connected clients among Europe’s royalty brought Rothschild success. His small rare-coin business in Frankfurt, Germany’s Jewish ghetto evolved into a family banking empire. He organized rare coins and medals into an illustrated catalog, which he had beautifully printed and embossed. In 1765, he brought the catalog to William. Impressed, the crown prince began to buy rare coins from Rothschild. Over the next four years, Rothschild sold some of his rarest medals and coins to William.”
Related posts:
Last Hurrah of the Interventionists?
Sheila Bair’s Bailout Blame Game
Wow much Dogecoin. Very competition. So money.
IRS Reporting Rules for Cash Transactions and Precious Metals
The Decline of Political Protest
My Journey in the World of Copyrights
How to foil NSA sabotage: use a dead man's switch
Crushing the Middle Class
George Orwell Surely Would Be Amused by the Statolatry in the United Kingdom
Better “Safe Haven” – Switzerland or Canada?
Michael Scheuer: The price of U.S. interventionism in Syria and Israel
A Marine Sergeant Speaks Out
David Galland: Wars and Rumors of Wars
Thoughts Have Consequences
Warren Buffett: How inflation swindles the equity investor [1977]