A quiet walk with their dog turned into the discovery of a lifetime for a middle-aged Northern California couple. On their rural property, they unearthed a buried treasure that would rewrite the narrative of modern-day finds: $10 million worth of rare gold coins in pristine condition. Dubbed the “Saddle Ridge Hoard,” this remarkable discovery has captivated collectors and historians alike.
A Golden Find in Gold Country
The couple, who wish to remain anonymous, found the treasure under an old tree on their Gold Country property. They stumbled upon six decaying metal canisters containing 1,427 gold coins dating from 1847 to 1894.
Treasure’s Incredible Value
Despite a face value of just $27,000, the coins’ rarity and condition make them exceptionally valuable. Experts estimate that some coins could fetch nearly $1 million apiece.
Rare Coins in Perfect Condition
What makes the find even more extraordinary is the mint condition of nearly all the coins. According to David Hall of the Professional Coin Grading Service, such well-preserved coins from the 1800s are exceedingly rare.
The Mystery of Saddle Ridge
The coins were found stored chronologically, suggesting the original owner used the ground as a personal bank. The methodical arrangement rules out the possibility of a robbery hoard.
Keeping Their Privacy
The couple has chosen to remain anonymous to avoid public attention and a modern-day gold rush on their property. Their representative, Don Kagin, emphasized their desire to maintain their current lifestyle.
A Charitable Plan
While keeping a few coins as mementos, the couple plans to sell the rest on Amazon. Proceeds will go toward paying off debts and donating to local charities.
A Rare Opportunity for Coin Enthusiasts
Before the sale, some coins will be showcased at the American Numismatic Association’s National Money Show in Atlanta. This event offers a rare glimpse of the treasure for the public.
Historical Significance of the Coins
The coins, minted mostly in San Francisco, include $5, $10, and $20 denominations. One rare coin even originated from Georgia. Such finds are nearly unheard of, as paper money was illegal in California until the 1870s.
The Path to Discovery
The treasure was found on a section of their property they nicknamed “Saddle Ridge.” On the day of discovery, the wife spotted a rusty can partially exposed by erosion, leading to their astounding find.
A Record-Breaking Discovery
The Saddle Ridge Hoard is believed to be the largest buried treasure ever found in the United States. Previous significant discoveries pale in comparison, including $1 million in gold coins found in Tennessee in 1985.
Coin Preservation Over the Decades
Experts believe the coins were buried shortly after they entered circulation. This level of preservation hints at the meticulous care taken by whoever originally buried them.
A Legacy Unearthed
The Saddle Ridge Hoard has captured imaginations worldwide. For this lucky couple, a simple walk transformed their lives and uncovered a piece of American history hidden in plain sight.
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