Wednesday, February 26, 2014

California couple finds $10 million in buried treasure while walking dog

1866-S No Motto Double Eagle

A trove of rare Gold Rush-era coins unearthed in California last year by a couple as they walked their dog may be the greatest buried treasure ever found in the United States, worth more than $10 million, a currency firm representing the pair said on Tuesday.

The 1,400 gold pieces, dating to the mid- to late 1800s and still in nearly mint condition, were discovered buried in eight decaying metal cans on the couple's land last April, said coin expert David McCarthy of currency firm Kagin's.

"We've seen shipwrecks in the past where thousands of gold coins were found in very high grade, but a buried treasure of this sort is unheard of," McCarthy said. "I've never seen this face value in North America and you never see coins in the condition we have here."


[Good dog.]

Read More:  http://www.reuters.com/article/2014/02/26/us-usa-california-coins-idUSBREA1P03M20140226

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