Trending: California Couple Stumble Upon $10 Million in Gold

"...this family literally found the pot of gold at the end of the rainbow," a rare coins expert said of the discovery, which is being touted as the largest ever buried treasure unearthed in the United States.

More than 1,400 gold coins were discovered by a Northern California couple while they were out walking their dog. Photo courtesy: Kagin’s, Inc. of Tiburon, Calif.
More than 1,400 gold coins were discovered by a Northern California couple while they were out walking their dog. Photo courtesy: Kagin’s, Inc. of Tiburon, Calif.
By Renee Schiavone

It was just a normal day for one Northern California couple who were out walking their dog on their property in California's Gold Country when they spotted something unusual last year.

While on a trail they had walked nearly every day for years, they spotted a partially buried can, and decided to pry it out of the earth with a help of a nearby stick.

"The can was unusually heavy, but nothing could have prepared them for what they would find when they pried the lid open: mixed in with dirt and stones, they could see the edges of numerous U.S. $20 gold pieces—a literal pot of gold!" an announcement from a Tiburon rare-coin agency representing the couple said Tuesday.

Upon discovering the gold, the couple headed back out to the site to see if lightning could strike twice-- and it did, seven more times.

"... immediately [they] located the remains of another can, buried a bit deeper and about a foot to the left of the first can,"  the announcement from the numismatic firm said.   "Rust had consumed about half of the can’s sides, exposing another cache of gold coins.  Repeated trips to the site (and the help of a metal detector) eventually uncovered a total of eight cans filled with over 1,400 rare U.S. gold coins."

In total, the couple had found almost 1,400 $20 gold pieces, fifty $10 gold pieces and four $5 gold pieces, all of which were struck between 1847 and 1894, and believed to have been buried for more than 100 years, according to Kagin’s Inc.

“What’s really significant about this find,” noted Donald Kagin Ph.D., president of Kagin’s Inc. of Tiburon, “is that unlike other hoards and treasures, this one includes a great variety of dates, many of which are in pristine condition; add to that a wonderful human interest story: this family literally found the pot of gold at the end of the rainbow.”

Kagin believes this is the largest buried treasure ever unearthed in the United States.  Though the face value of the coins is approximately $28,000, experts say the collection could go for more than $10 million.

Kagin's agency isn't saying exactly where the couple lives or when they found the treasure, as the man and wife wish to remain anonymous. 

The find has been dubbed the "Saddle Ridge Treasure," named after a feature on their property in Northern California. 

Approximately 90 percent of the coins will be sold through Amazon’s collectibles store at a later date, in an exclusive partnership with Kagin’s, Inc, the firm said.

Trending on Patch is a category showcasing popular stories from across Patch's network of 900 local news sites.
South Bay Jane February 26, 2014 at 03:14 PM
The name Gold Country still fits!
randy albin February 26, 2014 at 03:33 PM
this is what the current cost of living is in los altos. better this than poor folks gambling unsuccessfully. let's focus on something else than what it is worth...
Roberto February 26, 2014 at 04:25 PM
Hopefully they're able to keep their names secret for a while. The media will be trying every dishonest ploy and shrewd tactic to find out who they are. It's a race to see who gets the first interview.
SA February 26, 2014 at 04:30 PM
I say their yard is full of greed and they should give it all to illegals …
Alek J Hidell February 26, 2014 at 04:34 PM
I say they should be arrested for robbing an archaeological sight. lol
Bryan Harz February 26, 2014 at 04:58 PM
Well that settles it. From now on I'm going to dig up every can I see buried in the ground.
xJadeeyes February 26, 2014 at 06:57 PM
Lucky. ...
Lisbeth Allen February 26, 2014 at 07:26 PM
I was ecstatic when I found an Arrowhead penny and a Mercury dime in my garden...
Dave Larkin February 26, 2014 at 07:51 PM
this is local news? No wonder the Patch is falling apart and Simpsonville's got shut down. It got shut down when the editor got the boot.
Tantor February 26, 2014 at 08:37 PM
And what does this have to do with Evanston? Surely there is enough stuff, good and bad, going on that reporters could investigate. How about that man who got beat up by 8 teens? Why not follow that up?
Family Is Key February 26, 2014 at 10:08 PM
Good for them! Can we get back to Mayberry now and report what's going on here. Preferably good things
beaumontdave February 27, 2014 at 12:38 AM
Pay attention, if you find a haul, you need a good cover story, like, you found it on your land or someone's land ,you can deal with, otherwise legal issues can take away yours and my dream scenario, finding a fortune.
Alex Umrichin February 27, 2014 at 09:34 AM
The first mistake they made was to publicize their discovery. They will regret the notoriety.
Robert Norwood February 27, 2014 at 02:06 PM
Stooopid. Should have kept it quiet. The IRS is going to clean them out and since they are not the original owners of the property claims could be lodged. Whenever you find money - keep it to yourself if you plan on keeping it.
Ken February 27, 2014 at 04:47 PM
Your right Mr. Norwood. On Monday I found two new shiny pennies in front of my mail box and will never tell anyone of my outstanding lucky find. Don't want the IRS at my door. Dang Nabbit I just goofed up.
rubberband February 28, 2014 at 10:03 AM
Ken....That was ME. I left you $6.83, actually, as a gift. Someone stole the rest of it. I'm sorry.
VVV February 28, 2014 at 11:31 AM
That's the stuff dreams are made of. Makes me want to dust off the old metal detector.
rubberband February 28, 2014 at 11:34 AM
Cool! Carl, you go find treasure, and I'll just follow YOU and take it. Saves my back.
VVV February 28, 2014 at 12:07 PM
Haha! Your evil plan will lead to your untimely end.
Robert Norwood February 28, 2014 at 01:03 PM
Carl - "That's the stuff dreams are made of", that's what the IRS is saying right now. When the IRS is through taking 49%, and Caliphoniya gets through with their grab those folks will be heart broken. They found all of it and got to keep a fraction. Let that be a lesson when you find money keep your mouth shut. Their internet fame is worth $0.0, silence is golden - pricless.
rubberband February 28, 2014 at 01:22 PM
^What he said, Don't tell ANYBODY....And Carl, it's too late for you....I suck at digging, and I have no metal detector. I am now just going to lurk in the shadows and tail you. Bwahahaaa.
Robert Norwood February 28, 2014 at 01:48 PM
Ken, I feel bad - you must be from Detroit or some such place. Surprised you didn't get mugged for that .02 of a dollar. Oh, wait, dollar is only worth 79 cents or less. I need a calculator. And to think I once laughed at the Euro. If the dollar sinks any deeper we'll have to put Obama's face on it. But we better hurry - he's already been nominated for a stamp - the food stamp. Oh - wrong stamp....
gina March 01, 2014 at 10:47 AM
@Carl virden can u email me please crystalscorazon@Gmail. Com thank u


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