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 (369 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
2014/7/28 10:20:00 - Trenton City Council Preview Of Tonight's Meeting; Beer Sales Continue To Be Controversial At Fair
2014/7/28 10:18:57 - Trenton Man Injured In Accident Near Jamesport
2014/7/28 10:16:47 - Pursuit In Sullivan And Putnam Counties Ends In Injury Accident
2014/7/28 10:13:41 - Garden Club Seeks Fair Entries
2014/7/28 10:11:35 - Traffic Accident Kills Elderly St. Joseph Man
2014/7/28 9:58:47 - Annual Jameson Picnic To Be Held August 7th Through 9th
2014/7/28 9:55:15 - Tire Collection To Be Held August 9th In Chillicothe
2014/7/28 9:51:41 - Meadville Man Injured In Motorcycle Accident
2014/7/28 9:49:29 - Princeton School Board Releases Executive Session Report
2014/7/28 9:46:23 - Dollar Tree To Buy Family Dollar For $8.5 Billion
2014/7/28 9:39:39 - Missouri "Sales Tax" Holiday This Weekend
2014/7/28 5:52:19 - Motorcycle Accident Injures One; Driver Accused Of DWI
2014/7/28 4:43:45 - Missouri Congressional Hopefuls Run On Low Budgets
2014/7/28 4:39:04 - One Killed In Shooting At University City Alumni Picnic
2014/7/28 4:30:00 - First In Line: Woman Waits Days To See President Obama Speak
2014/7/28 4:20:00 - Bar Catches Heat For Sign Insensitive To Women
2014/7/28 4:14:32 - Teen Arrested After Gas Station Clerk Pulls Gun
2014/7/28 4:11:10 - Farmers Brace For High Corn Yields, Lower Prices
2014/7/28 4:05:48 - 4-Year-Old Abducted From Missouri Found In Virginia
2014/7/25 6:26:53 - Motorcycle Accident Injures Cameron Resident Near Mooresville
2014/7/25 4:42:55 - Child Abuse Charges Include Snakes, Lizards And Alligators
2014/7/25 4:40:00 - Search Warrant Leads To Two Meth Suspects
2014/7/25 4:30:00 - 3 Convicted In $17 Million Drug Conspiracy
2014/7/25 4:26:15 - Woman Ticketed After Stopping To Help Stranded Ducklings
2014/7/25 4:22:33 - 10-Month-Old Baby Dead After Being Left In Hot Car
2014/7/25 4:15:23 - Husband Documents Wife's Reasons For Rejecting Sex, Sends To Her Work Email
2014/7/25 4:07:44 - Family Feud Sparks Revolt At Grocery Store Chain
2014/7/25 4:01:28 - Livingston County Sheriff Investigation Report
2014/7/24 11:03:48 - Two Spickard Residents Arrested On Drug Charges
2014/7/24 10:51:09 - Fire Damages Trenton Residence This Morning



Bookmark this article at these sites

                   

Listen to KTTN-FM