Thursday, February 27, 2014

California gold rush

The discovery of buried treasure in California, U.S., has just been announced. A couple publicly identified only as "John" and "Mary" were walking their dog on their property (location undisclosed) when they noticed a partially buried can jutting out of the ground. They dislodged it with a stick, carried it back to the house, and pried the lid open to find – mixed with dirt and stones – numerous $20 gold pieces. Returning to the site repeatedly and using the help of a metal detector, they uncovered a total of 8 rusty cans filled with over 1,400 rare U.S. gold coins (IMAGES HERE)! The coins have been cleaned and authenticated by Kagin’s, Inc., the numismatic firm representing the couple. Company president Donald Kagin found them to be in pristine condition, some finer than anything seen to date. The coins in the Saddle Ridge Hoard,” as it has been named, will be sold by Kagan and on Amazon and are expected to fetch more than $10 million. John and Mary will use the money to pay off their bills, hold onto their home, and donate to local charities. The coins, which date from 1847 to 1894 and have a face value of $28,000, would have been a windfall during the California Gold Rush. Says John about the discovery, “I thought any second an old miner with a mule was going to appear.”


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