Posted on 07/10/2023 5:46:33 PM PDT by Theoria
A man unearthed a huge hoard of Civil War-era gold and silver coins on his Kentucky farm
A Kentucky man got the surprise of his life while digging in his field earlier this year: a cache of over 700 coins from the American Civil War era.
The "Great Kentucky Hoard" includes hundreds of U.S. gold pieces dating to between 1840 and 1863, in addition to a handful of silver coins. In a short video, the man who discovered the hoard — whose identity and specific location have not been revealed to the public — says, "This is the most insane thing ever: Those are all $1 gold coins, $20 gold coins, $10 gold coins," as he aims his camera at the artifacts tumbling out of the dirt.
According to the Numismatic Guaranty Co. (NGC), which certified the coins' authenticity, and GovMint, where the coins were sold, 95% of the hoard is composed of gold dollars, along with 20 $10 Liberty coins and eight $20 Liberty coins. The rarest is the 1863-P $20 1-ounce gold Liberty coin. Just one of these coins can go for six figures at auction, and the Great Kentucky Hoard boasts 18 of them. NGC's website notes that the $20 Liberty coin, which circulated from 1850 to 1907, was minted by the Treasury Department after gold was discovered in California. The $20 Liberty coins in the hoard are even rarer because they do not include "In God We Trust," which was added in 1866 after the end of the Civil War.
Potentially more important, though, is what the hoard can tell us about America's history during an extremely tumultuous period.
(Excerpt) Read more at livescience.com ...
Farming can have its benefits.
Nice!
I’m going to need to step up my metal detecting game to catch up. I got some nice old coins last weekend but no gold or silver.
Wow !!!
What a find !
So THAT’S where I left them!
Of course he sold the coims, only the govt can have gold !
And the government will confiscate it.
I can not for the life of me understand why the PA guy said anything to the Feds.
Nope nada omertà
Make a buncha fancy belt buckles. JB Weld one to a sidewalk in downtown LA a get the popcorn?
You wouldn’t want to waste a gold coin by gluing it to the sidewalk; someone would chisel it loose right away. Reminds me of many years ago, when my sister superglued a dime to the sidewalk in front of her third-floor apartment so that she could drop water balloons on the backs of people’s heads when they bent over to pick it up.
𝘈𝘯𝘥 𝘵𝘩𝘦 𝘨𝘰𝘷𝘦𝘳𝘯𝘮𝘦𝘯𝘵 𝘸𝘪𝘭𝘭 𝘤𝘰𝘯𝘧𝘪𝘴𝘤𝘢𝘵𝘦 𝘪𝘵.
That was the first thing that came to my mind as well.
“And the government will confiscate it.”
No, they might tax him on the proceeds of the auction but that’s it.
I wonder how long ago he found these ?
“Numismatic Guaranty Co. (NGC), which certified the coins’ authenticity”
I am don’t know how long their backup is today, but last I checked it was 6-9 months
I am not sure how good they are cause I once bought as ms70 plat eagle but I would not even give it a 67.
I asked a couple LCS their opinion and they said the same thing.
but it could be a flaw in the plastic holder, so I guess I should send it for re-grading?
Sounds like he hit the jackpot. 🙂 👍
Yep! Always stupid to make it public.
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