Calif. couple strike $10 million gold-coin bonanza

AP ^ | 25 Feb 2014 | John Rogers

[Theoria]

A Northern California couple out walking their dog on their property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.

Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition, said David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them. Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.

[Theoria]

wow. look what someone found near a tree.

[Theoria]

Tax man happy. Leprechaun, not so much.

[Billthedrill]

DIBS!

[GraceG]

They found my super secret gold stash!!!!

[KarlInOhio]

wow. look what someone found near a tree.

It's under a big W.

[drypowder]

so cometh the federal government to claim THEIR gold. This couple needs take that gold and leave the US quickly.

[Organic Panic]

Uh oh. I can just see the feds coming on over and confiscating the lot because they are government proprty. This has happened many times. People better start keeping their mouths shut in these circumstances.

[bkopto]

At a price of $1350/troy oz, the happy couple found 20 troy oz.

Here comes the CA taxman! Grab ahold of your underwear!

[getitright]

That looks like a golf course in Hawaii.

[Uncle Chip]

Look at how shiny and clean those gold coins are in there.

It’s almost like someone minted them yesterday and stuck them in there.

[Lurkina.n.Learnin]

The government will claim they are from a robbery and rob this couple of their gold.

[American Infidel]

Congrats to the finders, but I am having trouble grasping why someone who made such a find would tell anyone, let alone leak it to the media. Bad move IMHO.

[KarlInOhio]

At a price of $1350/troy oz, the happy couple found 20 troy oz.

It was $27,000 face value. That would be equal to 2,700 eagle coins or 1306 troy ounces of gold. Just the gold would be $1.76 million before the numismatic value of the coins are considered.

[Dallas59]

This gold belongs to the Mexicans, Chinese, Indians,Obammy, Gays,Cross Dressers, Lesbians, Drug Addicts, Alcoholics, the poor... It must be redistributed to everyone...../s?

[RBStealth]

That looks like the Palisades Cliffs in Santa Monica.
Noticed Buster Keaton around there last time I looked.

[TexasRepublic]

If I ever found a hoard, nobody would ever hear of it. I would quietly sell it off, bit by bit.

[sierrahome]

Obviously I need a dog.

[Huskrrrr]

Wow, you could send your kid through Harvard with that kind of dough.

[GeronL]

bump

never tell the media squat