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Couple discovers $11 million worth of gold coins

Wednesday, May 28, 2014 - 01:21

May 28 - The Old San Francisco Mint auctioned some rare gold coins found by a California couple on their property. The collection is estimated to be worth $11 million. Jillian Kitchener reports.

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A treasure trove of rare gold coins were up for grabs Tuesday night. The coins were discovered by a middle-aged couple, buried in cans on their Northern California property. Their dates range from 1847 to 1894. And as it turns out, they're valued at $11 million. Several of the coins were auctioned at the Old San Francisco Mint. One of them sold for $15,000. (SOUNDBITE) (English) COIN DEALER DON KAGIN, SAYING: "This is the largest burial find in history." Experts say it's extremely rare to find any coins from before 1870. And in this case, most are in mint condition. The couple struck gold -- literally. They found four $5 gold pieces, fifty $10 gold pieces, and over 1,300 $20 double eagles. Guests were dazzled by the riches. (SOUNDBITE) (English) JOSHUA LAZOVICK, SAYING: "I haven't seen this many gold coins at one time before, and to know that they came from the ground and look this great is really cool." The couple who stumbled upon the treasure plans to keep a few coins for themselves, and use the money to pay off bills. They also plan to donate money to local charities.

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Couple discovers $11 million worth of gold coins

Wednesday, May 28, 2014 - 01:21