User Login    
 + Register
PDQ Cleaning
News : Couples Rare Coin Find Could Be Worth 10 Million Dollars
Posted by Randy on 2014/2/27 4:29:25 (540 reads) News by the same author

A husband and wife are reveling in their good fortune after finding $10 million in rare gold coins buried on their property in Northern California.
Click to see original Image in a new window

The gold country discovery is thought to be the largest of its kind in U.S. history, according to David Hall, co-founder of Professional Coin Grading Service, which authenticated the find.
“It’s quite a story. People were walking along on their property in Northern California, noticed something, began digging and they found cans of gold coins,” Hall said.

“It should have happened to you and me.”

The coins were unearthed in February 2013 by the husband and wife, who wish to remain anonymous.

They were walking their dog when they spotted something shiny on the ground. The couple dug and eventually discovered eight metal cans, containing more than 1,400 gold coins.
No one knows how they got there, or who the coins might have belonged to.

“Somebody could have buried them and then died before they let anybody know where they were,” Hall said. “Believe it or not, I know cases where they forgot they had something, or they moved or whatever. It could have been some kind of robbery deal. Who knows?”

The treasure is known as the “Saddle Ridge Hoard” because it was discovered near a hill the couple called Saddle Ridge. In their effort to stay anonymous, the husband and wife aren’t saying exactly where the fortune was found.

The coins, in $5, $10 and $20 denominations, are dated from 1847 to 1894. Most were minted in San Francisco. They have a combined face value of about $27,000, but experts believe they could fetch $10 million or more.

The couple is planning to sell much of the collection. Approximately 90% of the coins will go up on Amazon.com’s “Collectibles” site, according to Don Kagin, of Kagin’s, Inc., who is assisting the anonymous owners.

Collectors wanting a sneak peak can see some of the coins at the American Numismatic Association’s 2014 National Money Show in Atlanta, which opens Thursday.

“Unlike other hoards and treasures, this one includes a great variety of coins struck over many different years, and many of the coins are still in pristine condition,” Kagin said in a statement.

“And add to that a wonderful human interest story: this family literally found the pot of gold at the end of the rainbow.”

Printer Friendly Page Send this Story to a Friend Create a PDF from the article


Other articles
2014/12/22 9:40:00 - Brookfield Woman Wins Missouri Lottery Cash Prize
2014/12/22 9:33:22 - Ketcham Community Center Announces Special Holiday Hours
2014/12/22 7:40:00 - Bethany Veterinarian Receives Agriculture Award
2014/12/22 7:30:00 - Trenton Accident Injures Two Women
2014/12/20 21:31:01 - Rice's Buzzer-Beater Earns Illinois Braggin' Rights Over Mizzou
2014/12/20 21:30:00 - Sierra Michaelis Has "Career Night", Mizzou Wins At Wake Forest
2014/12/20 21:27:53 - Haney Refiles For Chillicothe's Mayoral Position
2014/12/20 21:24:25 - Trenton Fire Damages Rapid Removal Trash Truck
2014/12/20 21:18:16 - Friday Accident Injures Browning Woman
2014/12/20 21:15:27 - Traffic Accident Reported Near Mount Moriah
2014/12/20 7:00:00 - NCMC Women Swept On Florida Road Trip
2014/12/20 6:55:42 - Sporting KC To Open 2015 Season Against Nemesis New York
2014/12/20 6:47:35 - Mizzou Starting Receiver To Miss Citrus Bowl
2014/12/20 6:40:58 - Trenton Gets Low Seeds For Ultra-Competitive Lawson Invitational Tournament
2014/12/20 6:34:29 - NCMC Holiday Hoops Begins With Wellington-Napoleon Sweep
2014/12/20 6:30:00 - Winston Boys Go Overtime To Win HDC Tournament Title
2014/12/19 17:20:11 - KC Royals Sign Starting Pitcher Edinson Volquez
2014/12/19 17:20:00 - Medlen In, Giavotella Out In Kansas City
2014/12/19 17:16:45 - California JUCO Player Verbals To Mizzou
2014/12/19 17:09:57 - Chillicothe Man Involved In I-435 Multi-Vehicle Accident
2014/12/19 17:04:42 - Thursday Accident Near Newtown Injures Area Women
2014/12/19 17:00:52 - Moore Files For Chillicothe Councilman-At-Large
2014/12/19 16:56:56 - Trial for Trenton Man Accused Of Murder Begins In January
2014/12/19 16:50:42 - Princeton Medical Clinic Adds X-Rays
2014/12/19 16:46:25 - Unionville Man Wins Patrol Trooper Award
2014/12/19 16:41:05 - Friday Morning Wreck Injures Cameron Man
2014/12/19 16:37:52 - Bethany Native Resigns Maryville Superintendent Position
2014/12/18 15:10:26 - 550 Million Year Old Fossils Provide New Clues about Fossil Formation
2014/12/18 15:10:00 - Daniel, Maclin, Coffman Highlight Mizzou's 2014 Hall Of Fame Class
2014/12/18 15:03:45 - Gallatin Man Organizing Regional Horticulture Conference



Bookmark this article at these sites

                   

Listen to KTTN-FM