Nonprofits

Nonprofit examines gold bars in donation bucket

December 25, 2014
| By AP |
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Gold bars branded by the Union Bank of Switzerland. Photo via wikimedia.org

All that glitters isn’t necessarily gold.

Salvation Army spokesman Roger Snider said yesterday that two one-ounce gold bars turned up in a Muskegon donation bucket on Tuesday evening and had an estimated value of about $2,370.

But he said a further check showed that the bars are replicas and not solid gold.

Earlier this month, two gold South African Krugerrand coins appeared in Salvation Army collections in Bay City and St. Clair Shores.

Those coins are worth about $1,200 each.

The Salvation Army is known for its Christmas season fundraising drive, which raises money for programs to aid the poor.

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