What happened to the $10 million gold coins found in California?
$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint. A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the U.S. Mint in 1900 and thus be the property of the government, according to a published report.
Are $10 million gold coins stolen from the government?
March 4, 2014— — A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the U.S. Mint in 1900 and thus be the property of the government, according to a published report.
Did a 1900 San Francisco mint heist really steal $1 million gold?
“Those two facts are a match of the gold heist in 1900 from the San Francisco Mint,” the newspaper reported. Jack Trout told the paper that an 1866 Liberty $20 gold piece without the words “In God We Trust” was part of the buried stash, and the coin may fetch over $1 million at auction because it’s so rare.
Are there gold coins in California’s Gold Country?
One of the six decaying metal canisters filled with 1800s-era U.S. gold coins unearthed by a couple on their property in California’s gold country. (Kagin’s Inc. / Associated Press)
What happens if you find $10 million in gold coins?
One couple’s gold find could mean a jackpot for the IRS. The Northern California couple that found $10 million worth of rare, mint-condition gold coins buried in the shadow of an old tree on their property will likely owe about half the find’s value whether they sell the gold or not.
How old are the coins found in Santa Ana?
Nearly all of the 1,427 coins that were found, dating from 1847 to 1894, were in uncirculated, mint condition, said David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them.