Buried gold coin stash found to be 'worth $10 million'
California couple finds treasure buried on their own property
If you read about it, you would dismiss it as a far-flung fairy tale - but it's all true. A unnamed California couple were walking their dog last year when they spotted something shiny on the ground on their property. After some digging, it was discovered that eight rusted, buried cans held a stash of gold coins. The uncirculated coins are now valued as high as $10 million.
Seen as the largest haul of buried treasure in U.S. history, the unnamed couple found them buried in rusting metal cans under a tree last April.
Join the campaign to end world hunger -- by going here!
"We've seen shipwrecks in the past where thousands of gold coins were found in very high grade, but a buried treasure of this sort is unheard of," David McCarthy of currency firm Kagin's says. McCarthy is advising the couple.
"I've never seen this face value in North America and you never see coins in the condition we have here," he says.
Residing in a rural area of California known as "Gold Country," the couple found the coins in an area of their land they called "Saddle Ridge." Coin dealers who have seen the discovery have now dubbed the area the "Saddle Ridge Hoard."
Located in a part of California where swarms of gold prospectors in the 1840s, who buried the coins - and why, remains a mystery.
Professional Coin Grading Service of Santa Ana, California, recently authenticated the coins. Some of the coins' face value adds up to about $27,000. But some of the coins are so rare they could sell for $1 million each.
The couple plan to sell the coins on Amazon.
David Hall, co-founder of the service says that 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.
"It should have happened to you and me."
Pope Francis calls for your 'prayer and action'...
© 2014 - Distributed by THE NEWS CONSORTIUM
Pope Francis Prayer Intentions for March 2014
Respect for Women: That all cultures may respect the rights and dignity of women.
Vocations: That many young people may accept the Lordís invitation to consecrate their lives to proclaiming the Gospel.
Rate This Article
Leave a Comment
More U.S. News
- Fr. Paul Schenck: The New Eugenics, 'Better Babies' and the Dangers of Biotechnology
- Interview With Cardinal SeŠn Patrick O'Malley Gives Insights into the Heart of Pope Francis
- Deal W. Hudson: Why Social Conservatives Should Become Cultural Conservatives
- CORPORATE SPY: Engineering consultant accused of stealing secrets from DuPont for Chinese
- 24th season of Defending Life Premiered March 5th on EWTN
- Justina Pelletier: Massachusetts DCF Running for Cover Under Legal and Media Pressure
- Matt C. Abbott On a New Book, The Seven Big Myths About Marriage
- Deal Hudson on Culture and the Death of God
- 'Ag gag' bill passes in Idaho; filming at farms now prohibited
- Fr. Paul Schenck: Finding Living Faith on Catechetical Sunday
- The Movie Yellow: Incest as 'Normal' and Cassavates's Slides Into the World of Woes
- The Chicago School Teachers Strike Reveals the Need For School Choice
- The Sexual Barbarians and the Dissolution of Culture
- The Happy Priest Challenges Us to Ask: Who is Jesus to Me?
- Michael Coren on Canadian Public Schools: Teachers, leave those kids alone
- We Cannot Ignore Our Consciences: Cardinal Dolan On Religious Liberty
- In the Face of Danger, Successor of Peter Travels to Lebanon as a Messenger of Peace
- Reflections on the Dignity and Vocation of Women: Who or What?