Northern California Couple’s $11 Million Gold Coin Bonanza Put Up For Sale, First Coin Sold For $15K
A treasure trove of rare gold coins that were discovered by a California couple out walking their dog last year went on sale Tuesday, with the first coin fetching $15,000 that will be contributed to turning San Francisco’s Old Mint into a museum.
An anonymous California couple is about to cash in on their buried treasure, but will first loan their coins to the old U.S. Mint in San Francisco for an exhibition.
The origin of a treasure trove of gold coins found on private property in Northern California remains a mystery after U.S. Mint officials said Tuesday that the coins have no apparent link to thefts at their facilities.
Gold coins from one of the largest finds in U.S. history were possibly from a heist at the San Francisco Mint at the turn of the 20th century.
A couple has made the buried treasure find of a lifetime – gold coins worth millions of dollars – on their property in Northern California.
When it comes to making coins, the Mint isn’t getting its two cents worth. In some cases, it doesn’t even get half of that. A penny costs more than two cents and a nickel costs more than 11 cents to make and distribute. The quandary is how to make coins more cheaply without sparing our change’s quality and durability, or altering its size and appearance.