This site uses cookies to improve your experience and to provide services and advertising. By continuing to browse, you agree to the use of cookies described in our Cookies Policy. You may change your settings at any time but this may impact on the functionality of the site. To learn more see our Cookies Policy.
OK
Dublin: 15 °C Saturday 20 July, 2019
Advertisement

Couple find €7million in rare gold coins buried in their back garden

They discovered the haul in a rusty old can, while out walking their dog.

A COUPLE OUT walking their dog on their extensive property in northern California stumbled across €7million worth of rare gold coins buried under a tree.

There were 1,427 gold coins dating from 1847 to 1894 – most of them in uncirculated, mint condition according to David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them.

David Hall David Hall with some of the huge coin find Source: AP

Some of them are so rare that coin experts say they could fetch nearly $1 million apiece.

“It’s like they found the pot of gold at the end of the rainbow,” said veteran numismatist Don Kagin, who is representing the finders.

Backyard Gold Bonanza One of the six rusty metal cans the coins were stored in Source: ASSOCIATED PRESS

The coins had been buried by a path the couple had walked for years. On the day they found them last spring, the woman had bent over to examine an old rusty can that erosion had caused to pop slightly out of the ground.

“Don’t be above bending over to check on a rusty can,” Kagin said she told him.

Source: ASSOCIATED PRESS

The coins were buried in six cans in chronological order, according to David McCarthy, chief numismatist for Kagin Inc.

The 1840s and 1850s pieces went into one can until it was filled, then new coins into the next one and the next one after that. The dates and the method indicated that whoever put them there was using the ground as their personal bank.

Source: ASSOCIATED PRESS

The couple plan to put most of the coins up for sale through Amazon while holding onto a few keepsakes. They’ll use the money to pay off bills and quietly donate to local charities, Kagin said.

More: UK police hunt for Irish girl who slapped shop worker in face with large fish>

More: We finally have a history of Father Ted’s Craggy Island>

  • Share on Facebook
  • Email this article
  •  

About the author:

Associated Press

Read next:

COMMENTS (25)