Good travel idea: the Federal Reserve
Filed Under USA
The financial district in New York is often seen as a businessman’s world – a district that only talks about money. The financial jargons alone will get you dizzy that you’ll never be able to understand any of these unless you sit down and research about it for a day or two.
But somewhere in the financial district lies a good idea to experience New York – the Federal Reserve. Unknown to most travellers to New York, the Federal Reserve actually offers a free, 30-minute guided tour around the building. In this place you won’t see the boring facts about your finances but you’ll see where money starts and ends.
The Federal Reserve will show you a lot of things. Among them is a freely displayed gold bars in the lobby. But they are actually just holograms which is a little bit disappointing and amusing at the same time. On the tour you will also see millions of shredded dollars placed in one of the rooms as they try to dispose more than $100 worth of paper money everyday.
For security purposes, no one is allowed to take pictures or even bring notes when you visit the Federal Reserve especially in the vault.
There are two highlights of your tour to the New York Federal Reserve. The first highlight is the coin museum that features some of the world’s most expensive coins such as the 109 BC shekel. The second highlight is the actual gold vault. The New York Federal Reserve stores at least $180 Billion worth of gold bars in its vault.
After the tour, you will be given a souvenir bag. Inside it are shredded dollars – a smart way to dispose those unwanted money.
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