The Christmas Kettle (also referred to as the Red Kettle due to its color) is The Salvation Army's most famous street campaign. It is most recognized during the Christmas season through its volunteers who stand outside of businesses and play or sing Christmas carols, or ring bells to inspire passersby to place donations of cash and checks inside the trademark red kettles.
A tradition on the "kettle" started in 1891, in San Francisco, by Salvation Army officer Captain Joseph McFee. [1] Captain McFee, resolving to provide a free Christmas dinner to the poor of San Francisco, remembered a sight he saw in Liverpool, England. From his days as a sailor McFee remembered a large pot displayed on the Stage Landing, called "Simpson's Pot." The pot took in donations put in by passersby. Taking this idea, McFee asked for permission from San Francisco city authorities to place a crab pot and tripod at the Oakland ferry landing. The kettle - and McFee's call of "Keep the Pot Boiling!" - drew in passengers and donations. [2]
The idea spread, and is in use by many Salvation Army charities worldwide. Innovations from the crab pot have included self ringing kettles, booths that play Christmas music, and Credit Card capabilities. [1]
Since 1997, the Christmas kettle campaign is traditionally kicked off during the halftime of the Dallas Cowboys Thanksgiving Day football game. An oversized kettle sits just outside the playing field, which has on at least four occasions been featured after touchdown celebrations:
A tradition has developed in the United States where, in some places, gold coins are anonymously inserted into the kettles in which the bell ringers collect donations. The tradition appears to have started in the Midwest when the first known drop of a gold coin was put into a kettle in Crystal Lake, Illinois in 1982. [3]
Since this drop, many others have taken to dropping not only gold coins, [4] but also other bullion and rare coins, gold medals, [5] jewelry, and large checks. The anonymous donations have included:
The Krugerrand is a South African coin, first minted on 3 July 1967 to help market South African gold and produced by Rand Refinery and the South African Mint. The name is a compound of Paul Kruger, the former President of the South African Republic, and rand, the South African unit of currency. On the reverse side of the Krugerrand is a pronking springbok, South Africa's national animal.
The Salvation Army (TSA) is a Protestant church and an international charitable organization headquartered in London, England. The organisation reports a worldwide membership of over 1.7 million, comprising soldiers, officers and adherents collectively known as Salvationists. Its founders sought to bring salvation to the poor, destitute, and hungry by meeting both their "physical and spiritual needs". It is present in 133 countries, running charity shops, operating shelters for the homeless and disaster relief, and humanitarian aid to developing countries.
Precious metals are rare, naturally occurring metallic chemical elements of high economic value. Chemically, the precious metals tend to be less reactive than most elements. They are usually ductile and have a high lustre. Historically, precious metals were important as currency but are now regarded mainly as investment and industrial raw materials. Gold, silver, platinum, and palladium each have an ISO 4217 currency code.
The Coinage Act of 1873 or Mint Act of 1873, was a general revision of laws relating to the Mint of the United States. By ending the right of holders of silver bullion to have it coined into standard silver dollars, while allowing holders of gold to continue to have their bullion made into money, the act created a gold standard by default. It also authorized a Trade dollar, with limited legal tender, intended for export, mainly to Asia, and abolished three small-denomination coins. The act led to controversial results and was denounced by critics as the "Crime of '73".
The United States Mint is a bureau of the Department of the Treasury responsible for producing coinage for the United States to conduct its trade and commerce, as well as controlling the movement of bullion. It does not produce paper money; that responsibility belongs to the Bureau of Engraving and Printing. The first United States Mint was created in Philadelphia in 1792, and soon joined by other centers, whose coins were identified by their own mint marks. There are currently four active coin-producing mints: Philadelphia, Denver, San Francisco, and West Point.
The 1933 double eagle is a United States 20-dollar gold coin. Although 445,500 specimens of this Saint-Gaudens double eagle were minted in 1933, none were ever officially circulated, and all but two were ordered to be melted down. However, 20 more are known to have been rescued from melting by being stolen and found their way into the hands of collectors before later being recovered. Eight of the recovered coins were destroyed, making this one of the world's rarest coins, with only 14 known specimens remaining—only one of which is privately owned, which is known as the Weitzman Specimen. Due to the fact that the coin was never released to the public, it is illegal to privately own any of the 1933 double eagles, with the exception of the Weitzman Specimen.
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The Coinage Act of 1792, passed by the United States Congress on April 2, 1792, created the United States dollar as the country's standard unit of money, established the United States Mint, and regulated the coinage of the United States. This act established the silver dollar as the unit of money in the United States, declared it to be lawful tender, and created a decimal system for U.S. currency.
The United States Bullion Depository, often known as Fort Knox, is a fortified vault building located next to the United States Army post of Fort Knox, Kentucky. It is operated by the United States Department of the Treasury. The vault is used to store a large portion of the United States' gold reserves as well as other precious items belonging to or in custody of the federal government. It currently holds roughly 147 million troy ounces of gold bullion, over half of the Treasury's stored gold. The United States Mint Police protects the depository.
The American Silver Eagle is the official silver bullion coin of the United States.
The American Gold Eagle is an official gold bullion coin of the United States. Authorized under the Gold Bullion Coin Act of 1985, it was first released by the United States Mint in 1986. Because the term "eagle" also is the official United States designation for pre-1933 ten dollars gold coins, the weight of the bullion coin is typically used when describing American Gold Eagles to avoid confusion. This is particularly true with the 1/4-oz American Gold Eagle, which has a marked face value of ten dollars.
The American Platinum Eagle is the official platinum bullion coin of the United States. In 1995, Director of the United States Mint Philip N. Diehl, American Numismatic Association President David L. Ganz, and Platinum Guild International Executive Director Jacques Luben began the legislative process of creating the Platinum Eagle. After over two years of work, the 99.95% fine platinum coins were released by the United States Mint in 1⁄10, 1⁄4, 1⁄2 and 1 troy oz denominations. In late 2008, the fractional denominations were discontinued, leaving only the one ounce denomination. The Platinum Eagle is authorized by the United States Congress, and is backed by the United States Mint for weight, content, and purity.
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The Canadian Platinum Maple Leaf is the official bullion platinum coin of Canada. First issued by the Royal Canadian Mint in 1988, it was available until 2002 in five different denominations, all of which are marked as containing .9995 pure platinum. The bullion coin was partly reintroduced in 2009 in the form of the 1 troy ounce denomination in .9999 purity, featuring a new portrait of Queen Elizabeth II on the obverse. The coins have legal tender status in Canada, but as is often the case with bullion coins, the face values of these coins is lower than the market price of the material they are made from.
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