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Calif. couple strike $10 million gold-coin bonanza
AP ^ | 25 Feb 2014 | John Rogers

Posted on 02/25/2014 2:15:04 PM PST by Theoria

Edited on 02/25/2014 2:16:23 PM PST by Admin Moderator. [history]

A Northern California couple out walking their dog on their property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.

Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition, said David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them. Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.


(Excerpt) Read more at news.yahoo.com ...


TOPICS: History; Hobbies
KEYWORDS: afterthegoldrush; bahog; california; coin; coins; gold; goldbugs; numismatics; saddleridgehoard; treasure
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To: Theoria

California’s fat cat Marxists will find a way to steal ‘em all.


41 posted on 02/25/2014 3:40:52 PM PST by Jack Hammer
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To: bkopto

When I get time I’ll try to find the article. I could be mistaken but I think this happened in Carson City and the deceased family member had a number of valuables horded. Easy to find articles on the govs confiscation of bullion and coins.


42 posted on 02/25/2014 3:44:43 PM PST by drypowder
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To: TexasRepublic

Ditto


43 posted on 02/25/2014 3:57:20 PM PST by TheDon (Californians are losing their right to keep and bear firearms one firearm at a time.)
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To: Theoria
paper money was illegal in California until the 1870s

Color me skeptical.

In 1862 Congress passed the Legal Tender Act, which required that paper money greenbacks be accepted as payment for all debts. Wasn't retired till late 70s. Presumably some of this money made its way to CA and was legal there.

44 posted on 02/25/2014 3:58:16 PM PST by Sherman Logan
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To: Theoria

A secret is known by one. EOM


45 posted on 02/25/2014 4:04:29 PM PST by Fireone (Impeach and imprison, NOW! Treason and murder are still crimes.)
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To: Theoria
I bet it was here.


46 posted on 02/25/2014 4:22:29 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: KarlInOhio

You beat me to it! I posted it again anyway. Heh — what a good movie that was.


47 posted on 02/25/2014 4:23:34 PM PST by BfloGuy ( Even the opponents of Socialism are dominated by socialist ideas.)
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To: Organic Panic

Face value is only $27,000... but then again they need to forfeit it all as that was the expectation when we were taken off the gold standard.


48 posted on 02/25/2014 4:24:30 PM PST by Rodamala
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To: Theoria

I have found countless numbers of pull tabs with my detector. When pull tabs become rare,I’ll never be heard from again.


49 posted on 02/25/2014 4:34:01 PM PST by neal1960 (D m cr ts S ck. Would you like to buy a vowel?)
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To: Lurkina.n.Learnin; nascarnation; TsonicTsunami08; SgtHooper; Ghost of SVR4; Lee N. Field; DTA; ...
One day someone is going find and old hard drive buried under a...

James Howells searches for hard drive with £4m-worth of bitcoins stored

Happy related story ping...


Click to be Added / Removed

50 posted on 02/25/2014 4:38:25 PM PST by Errant (Surround yourself with intelligent and industrious people who help and support each other.)
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To: American Infidel

“I am having trouble grasping why someone who made such a find would tell anyone”

That was the first thing that popped into my head, too.


51 posted on 02/25/2014 4:42:07 PM PST by MayflowerMadam
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To: TexasRepublic

Yep. These folks are going to find out the hard way that you have to dig it up and keep quiet about it.


52 posted on 02/25/2014 4:50:11 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
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To: drypowder

No it was one coin. Unissued and originally stolen from the mint. That is why the Federal government claimed it. It was stolen property from a run of coins that the government never put into circulation.


53 posted on 02/25/2014 4:52:59 PM PST by XRdsRev (New Jersey - Crossroads of the American Revolution)
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To: Pontiac

Yep - I was going to post similar. That happened to some poor SOB that found a stash in his house. Found the example below. HOWEVER, in that instance they were uncirculated coins (of a pattern that had not been released), so the gov’t figured they must have been stolen from the mint. The gov’t ended up with them. I hope that this recent couple get to keep them. After taxes of course.

http://www.shtfplan.com/headline-news/update-on-80-million-in-seized-gold-coins-judge-rules-they-belong-to-the-u-s-government_09072012


54 posted on 02/25/2014 4:54:01 PM PST by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts 2013 is 1933 REBORN)
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To: XRdsRev

See my earlier post to a link to a story (the story?). But as the blogger states - wouldn’t there be a statute of limitations on the theft of the coins? And I’m not sure on the rules regarding finding stuff that was stolen after the statute of limitations, etc.

Regardless - if I’m every lucky enough to find something like that - I’m keeping it to myself! (Unless I might find the actual owner.)


55 posted on 02/25/2014 4:59:41 PM PST by 21twelve (http://www.freerepublic.com/focus/f-news/2185147/posts 2013 is 1933 REBORN)
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To: Theoria

Were any of them square California dollars?


56 posted on 02/25/2014 5:06:10 PM PST by Ruy Dias de Bivar (Sometimes you need 7+ more ammo. LOTS MORE.)
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To: TexasRepublic

Yes I would do the same kinda like launder it in small amounts.


57 posted on 02/25/2014 5:39:54 PM PST by angcat
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To: jiggyboy; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; ...

Goldbug ping.


58 posted on 02/25/2014 5:45:46 PM PST by Jet Jaguar
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To: American Infidel

My sister and her husband won a huge lottery, (after he quit smoking and used his smoke money to buy tickets instead).

They knew the ticket was the winner...never told anyone...they hired a single engine airplane pilot to fly them to ...... to claim their win with the Lotto... rather than risk anything happening along the way..and they even kept it quiet from all but family members for the longest time.

I’d do the same...fewer who know the better.


59 posted on 02/25/2014 5:50:36 PM PST by caww
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To: KarlInOhio

You’re Mad Mad...


60 posted on 02/25/2014 5:52:04 PM PST by Professional Engineer (I am not cynical. /s)
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