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$10M in gold coins found in yard might be linked to 1899 heist

$10M in Gold Coins Found in Yard Might Be Linked to 1899 Heist

A California couple discovered $10 million dollars worth of gold coins buried in their yard - and now they've learned the coins might be linked to a robbery.

'The coins may have been stolen during a heist at the San Francisco Mint in 1899. Roughly the same amount of gold was stolen,' Good Morning America reports.

A coin collector dug up an old newspaper article about the heist. According to the article, the amount stolen was $30,000 in gold coins. The San Francisco Chronicle says this amounts to roughly the face value of the gold coins found last month.

A California couple was out walking their dog in February when they discovered eight tin cans filled with gold coins buried on their property.

According to the Los Angeles Times, the coins, which are dated between 1847 and 1894, are in mint condition and valued to be worth about $10 million. The gold alone would be worth $2 million if the coins were melted down.

The Mint has yet to comment on the discovery. ABC did note that if the coins are found to be those stolen from the government, the couple probably won't be able to keep the coins, but they might be entitled to a finder's fee.

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donpantanella March 04 2014 at 12:21 PM

Who would have thought the Government would end up with the coins? (tongue in cheek)

Flag Reply +8 rate up
Lonzo March 04 2014 at 12:22 PM

pretty much "always" pays to keep your mouth SHUT////////////////

Flag Reply +7 rate up
1 reply
strohs3748 Lonzo March 04 2014 at 12:32 PM

Sure does!

Flag Reply +1 rate up
jiminey99 March 04 2014 at 12:23 PM

And it might not be linked to the heist. I would be interested to know how anybody would go about proving those were the stolen coins.

Flag Reply +6 rate up
1 reply
mortwiw jiminey99 March 04 2014 at 3:27 PM

With it being the U.S. Mint and the federal government saying it is the stolen property it will come down to them just saying so and not being troubled with proving it. Proving it will only be raised as an issue when the couple acquire an attorney and go to court to appeal the coins being confiscated.

Flag Reply +2 rate up
Disculpame March 04 2014 at 12:23 PM

When it comes to money, no such thing as SOL to Uncle Sam!!

Flag Reply +2 rate up
s March 04 2014 at 12:24 PM

If you find 10 million in gold on your land pretend you are a Leprechaun and

Flag Reply +10 rate up
1 reply
strohs3748 s March 04 2014 at 12:32 PM

I absolutely agree! Especially don't make it known so that the government becomes aware. Our government is the biggest predator of all, especially with a liberal Democrat as president.

Flag Reply +2 rate up
Ben March 04 2014 at 12:24 PM

Rule of thumb when it comes to gold...ALWAYS, ALWAYS, ALWAYS, ALWAYS KEEP YOUR MOUTH SHUT!!!

Flag Reply +10 rate up
Kurtis Erikson March 04 2014 at 12:24 PM

But wait, that gold was minted from gold taken from the Aztecs so it really should go to Mexico. As long as we're making up the rules as we go along, let's get creative.

Flag Reply +5 rate up
1 reply
bienhoa72alum Kurtis Erikson March 04 2014 at 12:33 PM

UH, did you ever hear of Sutter's Mill in California in 1848? I don't think the Aztecs we at all involved in any gold that came from the 1849 Gold rush.

Flag Reply 0 rate up
ozarkherp March 04 2014 at 12:24 PM

I'd say, it's theirs, to do with as they wish. If they sell, the government will end up with some tax money anyway.

Flag Reply +6 rate up
dad March 04 2014 at 12:25 PM

ABC need to stay out of this. It is not for them to say what will and won't happen, or even to speculate on the issue.

Flag Reply +3 rate up
moonsun2011 March 04 2014 at 12:28 PM

finders keepers!!!!

Flag Reply +2 rate up
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