Gold Vault: Touring the NY Federal Reserve

There’s something sexy about descending 50 feet to Manhattan bedrock to see the largest stash of foreign gold in the world. The reality, however is slightly underwhelming.

We started in the numismatic room (yes, that’s the coin room), with cases explaining the history of money. You’ll see lots of coins, including the famed 1933 Double Eagle. I’ll spare you the long (but interesting) story of theft and intrigue). But an anonymous purchaser got it for a cool $7.59 million at auction, and agreed to display it in the case that you’re not allowed to touch or lean on.

(Even if you don’t get into the gold tour, you can still get free access to the numismatic room during business hours).

From there you’ll learn about the Federal Reserve in a video. The New York branch is one of 12 regional reserve banks that act as the U.S. government’s bank. The Federal Reserve sets U.S. monetary policy, stores cash, shreds old bills, and is last resort for banks needing loans.

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Circle Line Boat Tour in NYC with Kids

Let me start off by saying you should not do a 2 hour boat tour with kids who can’t sit still for several hours. Lesson learned the hard way.

Normally a slow boat tour is not something I’d sign up to do – especially with kids. However, a friend was visiting from California, and she wanted to find something her husband hadn’t done in New York City before. .

If you try searching for Circle Line boat tours, you might find that there are two locations – Circle Line at the 42nd Street pier, and Circle Line Downtown, at South Street Seaport. In spite of having the same name and similar cruises, these are different companies. Go figure. If someone could tell me how they can run the same type of business with the same name, and not be hit with trademark issues, I’m all ears!

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