Thursday 27 February 2014

California couple find £6m in buried treasure.


Buried treasure found by Californian couple.

A couple in California stumbled upon a stash of gold coins buried on their own property last year, the coins were valued at as much as £6m ($10m) and is seen to be the largest haul of buried treasure in US History.
Rare coin dealers have told the couple that the 1,427 coins, dated from 1847 up to 1894, were in mint condition and are believed to have never been circulated. 

The California couple who have yet to be named, say they found them buried in rusting metal cans under a tree while they were on a walk last April.

David McCarthy from the currency firm Kagin's stated "We've seen shipwrecks in the past where thousands of gold coins were found in very high grade, but a buried treasure of this sort is unheard of." David then tells Reuters news agency that "I've never seen this face value in North America and you never see coins in the condition we have here."

The California couple live in a rural area known as the Gold Country due to the amount of prospectors who fled to the region during the 19th century gold rush.

It is still a mystery as to who buried the coins, but also as to why they buried them.

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