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Couple finds gold: $10M discovery, 1,427 gold coins sitting under shade of tree

When a couple finds gold right in their own backyard, it’s certainly reason to share news of the $10 million discovery. Exactly 1,427 coins were discovered in a Northern California county property, and the gold pieces all date back between the years of 1847 to 1894. Money MSN shares this Tuesday, Feb. 25, 2014, that the incredible unearthing was made under the shadow of a very old tree while the pair was walking their dog.

A couple stumbles upon a massive gold find
Courtesy of Creative Commons, Mother Jones

Earlier this week in aptly named Gold Country property, a couple found gold — worth no less than $10 million in total — that has since been proven authentic. Almost every single one of the 1,427 coins was discovered in mint condition and now stands an uncirculated form of money. An official from the Professional Coin Grading Service of Santa Ana verified that they are indeed a priceless find.

In actuality, the face value of the gold coins only adds up to a much smaller (though still not insignificant sum) of $27,000. It’s the rarity of these pieces that the coin expert believes will land the couple some big bucks, as some of the pieces are worth to certain collectors a potential $1 million per item.

According to a spokesperson for the excited duo involved in the couple finds gold discovery:

"I don't like to say once-in-a-lifetime for anything, but you don't get an opportunity to handle this kind of material, a treasure like this, ever," affirmed veteran numismatist Don Kagin, who is representing the finders. "It's like they found the pot of gold at the end of the rainbow."

Kagin went on to say that the massive discovery was literally found on a regular dog walking expedition on the couple’s northern California property. The golden treasure was buried under the shade of an old tree, and this couple isn’t new to coins. In fact, they have been in the rare business for over 80 years, though the couple admits they have literally no idea who might have ever left all that money just hidden there.

The pair has asked that they stay anonymous after the $10 million unearthing, because they don’t want people hurrying to their Californian property in a literal gold rush. The spokesperson said that the couple doesn’t intend to use the money selfishly — their gold coin find won’t really change the way they work or live.

"Their concern was this would change the way everyone else would look at them, and they're pretty happy with the lifestyle they have today," he said.

At this time, the couple’s plans for this massive discovery appears to first pay off any remaining bills they have, donate to several local charities, sell some of the coins on Amazon, and finally maybe even keep a few pieces for their own collection.

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