California Couple Stumbles Upon $10 Million In Gold Coins
A California couple is celebrating this week after finding $10 million in gold coins buried on their property.
The two were out walking their dog when they stumbled upon the coins buried beneath an old tree in 8 separate metal cans. There are nearly 1,427 coins dating from 1847 to 1894, and the value of them totals $10 million.
“I don’t like to say once-in-a-lifetime for anything, but you don’t get an opportunity to handle this kind of material, a treasure like this, ever,” said numismatist Don Kagin. Kagin is representing the anonymous couple. “It’s like they found the pot of gold at the end of the rainbow.”
David McCarthy of Kagin’s firm said that the couple doesn’t want to be treated any differently because of their discovery.
"Their concern was this would change the way everyone else would look at them, and they're pretty happy with the lifestyle they have today," said McCarthy.
The couple plans to sell most of the coins on Amazon, although they will hold on to some of them to keep. The money they get will be used to pay off bills, and some will even be donated to charities.
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," said Kagin. "And add to that a wonderful human interest story: this family literally found the pot of gold at the end of the rainbow."
The combined face value of the coins is said to be $27,000, but because of how much time has gone by, their value has increased tremendously.