GIVEAWAY: Get in the game with XPG - keyboard, headset and mouse pad

Couple from California discovers $10M in lost gold coins in back yard

Thousands of lost gold coins discovered on California couple's property while out walking their dog.

@CharlesJGantt
Published Wed, Feb 26 2014 4:38 PM CST   |   Updated Mon, Oct 19 2020 8:15 PM CDT

Have you ever dreamed of stumbling across a pile of buried treasure and striking it rich? I know I have had that exact dream many times before in my 30 years on planet earth. For one California couple, that dream became a reality recently when hiking with their dog on the couples property in Sierra Nevada. While walking their dog, the couple basically tripped over several tin cans filled with more than 1,400 rare, mint condition gold coins dating between 1847 to 1894.

Couple from California discovers M in lost gold coins in back yard 1 | TweakTown.com
VIEW GALLERY - 3 IMAGES

The coins are all in super-rare uncirculated, mint condition, with some of them being worth up to $1 million each. Their total weight in gold only equates to about $3k on the current market, but the fact that these coins are rare and as perfect as perfect can get makes them highly valuable to collectors world wide. The coins themselves are some of the first to be struck in California and are in $5, $10, and $20 denominations, The couple says that they will put the coins up for sale on Amazon while keeping a few of them as keepsakes, and will use the money to pay off their debts and donate to charity.

Couple from California discovers $10M in lost gold coins in back yard 2 | TweakTown.com

"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 veteran numismatist Don Kagin, who is representing the finders. "It's like they found the pot of gold at the end of the rainbow." Before listing the coins for sale on Amazon, the couple will lend several of them to the Numismatic Association for its National Money Show, which opens tomorrow in Atlanta.

Couple from California discovers $10M in lost gold coins in back yard 3 | TweakTown.com
NEWS SOURCE:cbsnews.com

A web developer by day, Charles comes to TweakTown after a short break from the Tech Journalism world. Formerly the Editor in Chief at TheBestCaseScenario, he now writes Maker and DIY content. Charles is a self proclaimed Maker of Things and is a major supporter of the Maker movement. In his free time, Charles likes to build just about anything, with past projects ranging from custom PC cooling control systems to 3D printers. Other expensive addictions include Photography, Astronomy and Home Automation.

Related Tags

Newsletter Subscription

Latest News

View More News

Latest Reviews

View More Reviews

Latest Articles

View More Articles