Tags: gold | coins | stolen | mint

Gold Coins Found by Couple May Have Been Stolen From Mint in 1900

Tuesday, 04 Mar 2014 05:40 PM

By Jonna Lorenz

Gold coins worth about $10 million found under a tree by a California couple may have been stolen from the San Francisco Mint in a 1900 gold heist, according to the San Francisco Chronicle.

The couple found 1,427 gold coins, dating from 1847 to 1894, while walking their dog on their property.

Urgent: Do You Approve Or Disapprove of President Obama's Job Performance? Vote Now in Urgent Poll

Historian Jack Trout said a unique 1866 Liberty $20 gold piece worth more than $1 million links the coins to the 1900 heist.

“I don’t believe that coin ever left The Mint until the robbery,” Trout said, according to the San Francisco Chronicle. “For it to show up as part of the treasure find links it directly to that inside job at the turn of the century at the San Francisco Mint.”

He provided a published account of the robbery from the Haithi Trust Digital Library.

Mint spokesman Adam Stump said in a statement reported by ABC News that the Mint doesn’t have any information about a connection between the found coins and the robbery.

“We do not have any information linking the Saddle Ridge Hoard coins to any thefts at any United States Mint facility. Surviving agency records from the San Francisco Mint have been retired to the National Archives and Records Administration,” Stump said.

Coin dealer Don Kagin told ABC News that the chances of finding such a stash of coins are more unlikely than winning the lottery.

The couple, who have remained anonymous, plan to sell most of the coins, according to ABC News. But first, they are loaning some to the American Numismatic Association for its National Money Show, Kagin said.

Editor's Note: Do You Support Obamacare? Vote in Urgent National Poll

Related Stories:

© 2015 Newsmax. All rights reserved.

Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Country
Zip Code:
Privacy: We never share your email.
 
Hot Topics
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
You May Also Like

Kurt Cobain Documentary: Courtney Love, Daughter Frances Bean Reunite

Monday, 26 Jan 2015 17:22 PM

A Kurt Cobain documentary premiered at the Sundance Film Festival over the weekend, bringing together the rocker’s daugh . . .

Coinbase Launch: Company to Open First Regulated Bitcoin Exchange in US

Monday, 26 Jan 2015 16:50 PM

San Francisco’s Coinbase opened the first regulated bitcoin exchange in the U.S. on Monday, a move that many believe wil . . .

Emma Watson: 'Beauty and the Beast' Role as Belle 'Feels Surreal'

Monday, 26 Jan 2015 16:16 PM

Emma Watson has been cast to play Belle in Disney’s upcoming live-action version of “Beauty and the Beast,” an announcem . . .

Top Stories

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved