Headline: Couple Discovers $10 Million in Gold Coins Buried in Their Yard

Headline: Couple Discovers $10 Million in Gold Coins Buried in Their Yard

UPDATE: The Saddle Ridge gold coins are now available for purchase on Amazon!

Picture this: you’re strolling through your own yard with your dog when it suddenly uncovers a pot of gold! It’s filled with double eagles over 150 years old! WOW!!

Okay, I’m not exactly sure how much the dog was involved, but a California couple truly did discover a stash of cans brimming with uncirculated gold coins right on their property. This happened while they were walking their dog (maybe the husband did the digging?).

According to NBC News, here’s what they found:

“Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition… Although the face value of the gold pieces only adds up to about $27,000, some are so rare that coin experts say they could fetch nearly $1 million each.”

The coins were barely peeking out from the ground near a tree – it’s the kind of discovery you only dream about. In those dreams, you try to pocket as much as you can, knowing you’ll wake up soon and won’t be able to keep them! Haha… (Don’t you hate it when that happens? You try to hide them in a “secret” spot, hoping you’ll find them when you wake up, but they’re never there! Or is it just me?).

Anyway, shout-out to my friend John from FrugalRules.com for tweeting this to me tonight…

I’m curious if this new find will affect the value of other coins. If some are so rare that they’re worth nearly a million dollars each, won’t that make existing ones less rare? Like, maybe they were valued at $3 million, but now only $1 million due to these new coins entering the market? I’m no expert, but adding 1,500 high-quality gold coins to circulation might shift the dynamics a bit. Not that I have any (yet) to worry about 😉

Here’s the video – it’s pretty fascinating: