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 ...
Terrific find.
I wonder if any real numismatists ever got so lucky finding a hoard.
FYI the $10 were called eagles, and the $20 were thus double eagles.
Not true.
These old coins have been in numismatic sales forever. They didn’t stop because of the gold ban.
Yes, does PCGS still exist?
He should have kept his mouth shut.
Looks like he found the Pot ‘o Gold at the end of the rainbow!
“No, they might tax him on the proceeds of the auction but that’s it.”
Didn’t Roosevelt confiscate all privately held gold currency in the new deal? And that gold wasn’t turned in was it? Confiscate it1
The federal government has taken far more ridiculous positions than that.
I just don’t understand people. If I found that no one, NO ONE would know.
Nope, that’s the British gov’t. Our dep’t of greed just shows up with a tax bill, due NOW...
Some folks are just own right blessed guess I don’t qualify for the club.
Thanks Theoria.
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