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Thursday, July 13, 2023

800 Rare Gold Coins Discovered In Kentucky Cornfield

Since I bought my house in 2018 in New Mexico, the only interesting thing found on the land were pieces of Anasazi pottery pieces.

A Kentucky farmer was far luckier. He found over 800 rare gold and silver coins buried in his cornfield. The coins date to the Civil War and earlier.

WSB-TV reported:

The Great Kentucky Hoard, as it has been dubbed by numismatists, has mostly U.S. gold coins dating between 1840 and 1863. The value of the coins could exceed $2 million, WAVE-TV reported.

According to Coin World, the coins unearthed include 741 Coronet and Indian Head gold dollars, a number of 1863 Coronet $20 double eagles and small amounts of Coronet $10 eagles and Seated Liberty silver issues.


The coins are dated from 1840 to 1862 and are estimated at a value exceeding $2 million. https://t.co/1otcb5pypl

— WAVE (@wave3news) July 13, 2023

The gold dollars are dated from 1850 through 1862, according to Coin World. Their conditions are remarkably good, considering their age.

“Underneath were just these phenomenally beautiful, preserved coins,” Certified Collectibles Group Executive Vice President Andrew Salzberg told WAVE. “And I think they were preserved so well because they weren’t exposed to air, and they were buried in the ground.”

The person who found the coins and where they were found have not been revealed. The reason why the coins were buried are also unclear, although it is possible that the owner buried it during the Civil War to protect his stash from Union or Confederate armies.

Maybe I should get a metal detector and dig around.

To read more, go here

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