Selling treasure troves of ancient gold coins

A couple in California, USA, on May 27 began selling a treasure trove of ancient gold coins found last year.
This treasure includes 1,427 gold coins produced in the period 1847-1894. People value these coins at about 11 million USD.

More than a year after finding them, an anonymous couple in California decided to sell them. Some gold coins were auctioned at the US Mint in San Francisco on May 27.

Most of the gold coins are in perfect condition. Photo: AP

Mr. Don Kagin of Kagin Company, specializing in ancient coin appraisal, said that most of the remaining ancient gold coins were for sale on Amazon.com and Kagins.com the same day after the auction. Mr. Don Kagin, who was responsible for selling the gold on behalf of the couple, said nearly half of the gold coins were sold in the first 24 hours. This unnamed couple earned more than 1 million USD after the auction and 4 million USD after listing it for sale on the above websites on the same day. In addition, about 15,000 USD raised from the sale of a 20 USD gold coin with an eagle image minted in 1874 will be donated to the US Mint repair fund.

Previously, in February 2013, the above couple, while walking their pet dog, discovered 6 jars of ancient gold coins buried under an ancient tree in California. All of them are in perfect condition. The above coins have denominations of 5 USD, 10 USD, 20 USD, and many of these gold coins are still new. This is considered the most valuable treasure ever discovered in America. The “star” in this treasure is a gold coin produced in 1866 with an estimated value of nearly 1 million USD.

glacier. “I ask everyone to respect this area,” he said.

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