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To: july4thfreedomfoundation

About the Saddle Ridge find, from Wikipedia:

“Following the initial discovery of the coins, there was widespread speculation that the hoard represented the discovery of the 1901 theft of $30,000 from the San Francisco Mint by employee Walter Dimmick. Kagin’s and the U.S. Mint ruled out this theory, stating that the Saddle Ridge Hoard is unlikely to be part of the mint heist, due to the diversity in the face value and condition of the coins. On March 4, 2014, The U.S. Mint stated that “[they] do not have any information linking the Saddle Ridge Hoard coins to any thefts at any United States Mint facility”, and “[they’ve] done quite a bit of research, and we’ve got a crack team of lawyers, and trust me, if this was U.S. government property we’d be going after it.”


13 posted on 02/21/2015 8:16:34 PM PST by BradyLS (DO NOT FEED THE BEARS!)
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To: BradyLS

Thanks for posting.

In my post, I called the discovery of the coins the “Saddleback” hoard.....LOL. The Saddleback Valley is in Orange County, Calif. The Saddle Ridge find was in the California Gold Rush Country hours east from the San Francisco area. As a former Californian, I should have known this. That’s what I get for posting late at night!

Anyway, I never believed those coins were from the 1901 theft of $30,000 face value coins from the San Francisco Mint. The guy who stole the coins went to prison....I think at Alcatraz....and if the Saddle Ridge coins were the ones stolen from the Mint, it stand to reason that the thief would have made a bee-line to his hiding place and recovered the coins when he was released from prison.

Also, the Saddle Ridge hoard had several coins minted in the 1830’s at the mint in Dahlonega, Georgia. (Gold was discovered in that area in 1828). It seems unlikely that coins from the San Francisco Mint would have included coins minted at Dahlonega.

Also, I believe the coins stolen from the San Francisco Mint in 1901 were all twenty dollar gold pieces. The Saddle Ridge hoard included gold eagles....$10 coins....as well as $5 gold coins, in addition to the many double eagles....$20 gold coins.

Quite an amazing find overall, with a numismatic value of $10 million.


16 posted on 02/21/2015 9:28:12 PM PST by july4thfreedomfoundation (Everytime the cash register rings in a gun store, a Founding Father gets his wings.)
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19 posted on 04/30/2018 5:07:43 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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