User Login    
 + Register
News : Couples Rare Coin Find Could Be Worth 10 Million Dollars
Posted by Randy on 2014/2/27 4:29:25 (484 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
2014/10/30 10:19:14 - 11 Men Sentenced In International Child Porn Ring
2014/10/30 10:07:13 - Plane Crashes Into Building At Airport In Wichita, Kansas
2014/10/30 9:22:06 - Grundy County Circuit Court News
2014/10/30 9:19:12 - Summit Natural Gas To Raise Rates
2014/10/30 9:13:29 - Chillicothe Police Make Additional Arrest In Drug Investigation
2014/10/30 4:40:00 - Mother Upset After School Vaccinates Her Child Without Her Permission
2014/10/30 4:36:29 - Illinois Teacher Calls Jamaican Students "N" Word After They Object To 'Afro-American'
2014/10/30 4:09:13 - Kirksville Teen Arrested For Child Molestation
2014/10/30 4:02:02 - Missouri Inmate Indicted For Killing Cellmate
2014/10/30 3:59:21 - Wentzville Parents Charged In 10-Week-Old's Death
2014/10/29 12:36:00 - "Mr. Mizzou" John Kadlec Passes Away at 86
2014/10/29 12:33:08 - NCMC Announces Cancellation of "Meet the Pirate" Night
2014/10/29 12:28:54 - Pre-Season Parent Meeting Approaches For THS Wrestlers
2014/10/29 12:24:51 - Alex Smith Suffers Shoulder Injury
2014/10/29 12:19:43 - 7th Heaven : Royals Push World Series To Dramatic Final Game
2014/10/29 10:40:56 - Health Fair To Be Held Saturday In Mercer County
2014/10/29 10:38:44 - Solar Farm, Electric Rates Topic Of Trenton Board Of Public Works
2014/10/29 10:36:41 - Program On Ebola To Be Presented Saturday In Chillicothe
2014/10/29 10:34:22 - Chillicothe Police Department Makes Arrests On Drug Charges
2014/10/29 7:33:09 - Ebola Containment Topic Of Local Emergency Planning Committee
2014/10/29 7:29:21 - NCMC Board Of Trustees Meeting Report
2014/10/29 3:20:00 - Rebecca Taul: A Tragedy Comes To A Close
2014/10/28 11:31:34 - Unbeaten Brookfield Cruises To 56-13 Win Over Trenton
2014/10/28 10:42:06 - Mendon Resident Hurt In Accident South Of Chillicothe
2014/10/28 10:39:39 - Bethany Man Injured In I-35 Accident
2014/10/28 10:39:16 - Mississippi State Remains Associated Press #1
2014/10/28 10:37:48 - Mizzou Wins Homecoming Bout With Vanderbilt, 24-14
2014/10/28 10:37:07 - Trenton City Council Addresses Various Issues At Latest Meeting
2014/10/28 10:34:35 - KC's Second-Half Surge Overwhelms In-State Rival Rams
2014/10/28 10:34:12 - Two Injured In Accident East Of Chillicothe



Bookmark this article at these sites

                   

Listen to KTTN-FM