California couple finds $10 million worth of gold coins on their property
AP Photo/Saddle Ridge Hoard discoverers via Kagin’s, Inc.
A couple from Northern California was walking their dog when they found $10 million dollars in gold coins buried beneath an oak tree on their property.
According to David Hall, the co-founder of the Professional Coin Grading Service who authenticated the find, the discovery is thought to be the largest of its kind in U.S. history
The coins date from 1847 to 1894 and are uncirculated.
The face value of the coins adds up to about $27,000, but some coins are so rare that they could potentially go for $1 million apiece.
When they were discovered, 1,400 coins were in $5, $10 and $20 denominations, and stored in six cans.
The couple, whom wish to remain anonymous, plans to sell most of the gold on Amazon.
All of the coins date from 1847 to 1894 and are uncirculated, according to David Hall (pictured), co-founder of Professional Coin Grading Service of Santa Ana, who recently authenticated them.
AP Photo/Reed Saxon
The couple that found the coins is trying to keep their anonymity. They plan to sell most of the gold on Amazon and use the money to pay off bills and quietly donate to area charities.
AP Photo/Saddle Ridge Hoard discoverers via Kagin’s, Inc.
The coins were in $5, $10, and $20 denominations and stored in six cans in chronological order. This method of storage indicates that someone was using the ground as their personal bank. One coin came from as far away as Georgia.
AP Photo/Reed Saxon
