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(Yahoo)   Gold strike in California. This is not a repeat from 1848; it's more of an echo   (news.yahoo.com) divider line 44
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6277 clicks; posted to Main » on 25 Feb 2014 at 6:28 PM (25 weeks ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



44 Comments   (+0 »)
   
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2014-02-25 06:31:54 PM
Meh, they are still mining gold in the Yukon too.
 
2014-02-25 06:32:50 PM
My dogs never find stuff like that, ever.
 
2014-02-25 06:34:34 PM
It'll soon be worth only $100 because the gubmint is printing money solely to lower the value of hardworking people's gold.
 
2014-02-25 06:36:05 PM
They plan to put most of the coins up for sale through Amazon

Yeah, that will preserve that couple's anonymity.

/man, I spelled it right
/now if I could just get that grammar thingy down
 
2014-02-25 06:36:08 PM
C'mon boys, we're goin' to Guyana California

encrypted-tbn3.gstatic.com
 
2014-02-25 06:37:10 PM
The only things I ever find buried in my yard are rusty nails.
 
2014-02-25 06:37:17 PM

graeylin: My dogs never find stuff like that, ever.


Mine find dead things all the time. Of course, sometimes they cause the things to be dead.
 
2014-02-25 06:37:36 PM
Please. I could buy that couple's wealth ten times over with my Bitcoins.
 
2014-02-25 06:38:18 PM
deadwoodchronicles.com

Would like to buy the claim for $19,500...
 
2014-02-25 06:39:17 PM
img27.imageshack.us
 
2014-02-25 06:41:00 PM
Old folks kicked the bucket
 
2014-02-25 06:42:36 PM
Armed IRS agents swooping down on them in 3...2...1
 
2014-02-25 06:52:04 PM
Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.

To think they laughed at me for stockpiling commemorative 9-11/Seal Team Six coins. I'll never forget to rub it in their faces when I'm rich
 
2014-02-25 06:54:55 PM

graeylin: My dogs never find stuff like that, ever.


I'd be happy if my dog did it just once.
 
2014-02-25 06:59:54 PM
"It is a million to one chance, even harder than winning the lottery," said someone with a very poor grasp of probability."
 
2014-02-25 07:02:49 PM

HighlanderRPI: C'mon boys, we're goin' to Guyana California

[encrypted-tbn3.gstatic.com image 259x194]


Watching those bozos jump around is the only thing that makes the show worth watching. They just start to get the hang of it, and instead of continuing, they choose to jump to something else. They've gotta be making some serious cash on the side and obviously aren't in the mining for the money...
 
2014-02-25 07:03:15 PM
:(  He never made it

Andy Dufresne: Red. If you ever get out of here, do me a favor.
Red: Sure, Andy. Anything.
Andy Dufresne: There's a big hayfield up near Buxton. You know where Buxton is?
Red: Well, there's... there's a lot of hayfields up there.
Andy Dufresne: One in particular. It's got a long rock wall with a big oak tree at the north end. It's like something out of a Robert Frost poem. It's where I asked my wife to marry me. We went there for a picnic and made love under that oak and I asked and she said yes. Promise me, Red. If you ever get out... find that spot. At the base of that wall, you'll find a rock that has no earthly business in a Maine hayfield. Piece of black, volcanic glass. There's something buried under it I want you to have.
Red: What, Andy? What's buried under there?
Andy Dufresne: [turns to walk away] You'll have to pry it up... to see.
 
2014-02-25 07:08:42 PM
So what are they worth in bitcoins?
 
2014-02-25 07:18:35 PM

graeylin: My dogs never find stuff like that, ever.


My dog brought me a vintage Star Wars action figure one time. Too bad he had mangled it five ways from Sunday before he thought to show me.

I suspect the money was either a hoard hidden away by a homesteader or it was stolen from a payroll for miners or the army and hidden away to be spent later.
 
2014-02-25 07:24:50 PM

cgraves67: I suspect the money was either a hoard hidden away by a homesteader or it was stolen from a payroll for miners or the army and hidden away to be spent later.


With the way it was packed away, I'd guess small town shop owner or something. Homesteaders/miners/the common clay of the new west wouldn't have been able to hoard away that much. Kind of a paycheck to paycheck type of lifestyle.

I grew up in the sierras. All I would ever find was railroad spikes, cooking utensils from mining camps and arrow heads from the Mi Wuk. Apparently my mom still has my forest finds in a box somewhere.
 
2014-02-25 07:27:22 PM

God-is-a-Taco: Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.

To think they laughed at me for stockpiling commemorative 9-11/Seal Team Six coins. I'll never forget to rub it in their faces when I'm rich


Did you also get the World Trade Center coin?

The towers rise majestically from the ashes and are made of .9999%, that's 4 9's, pure platinum recovered from the collapse.

The coin itself is made from .99999%, that's 5 9's, 34 carat gold leaf. With every coin you order you get this certificate of authenticity and this indestructible display case.

The final set price for this coin is $50; but, if you call right now, you'll only pay 3 easy payments of $19.99. There's a STRICT limit of 5 coins per caller.

Operators are standing by. That number again is (xxx)xxx-xxxx.
 
2014-02-25 07:38:01 PM
Want to bet they found it on someone else's land and are claiming it was on their land? I have questions about the exact spot they were found.
 
2014-02-25 07:40:03 PM

kidgenius: HighlanderRPI: C'mon boys, we're goin' to Guyana California

[encrypted-tbn3.gstatic.com image 259x194]

Watching those bozos jump around is the only thing that makes the show worth watching. They just start to get the hang of it, and instead of continuing, they choose to jump to something else. They've gotta be making some serious cash on the side and obviously aren't in the mining for the money...


Their "316 Mining" should be renamed "ADHD Mini.... OOH SHINY!"
 
2014-02-25 07:43:36 PM
Purchase of two metal detectors in very quick order.
 
2014-02-25 08:08:37 PM
oi46.tinypic.com

/Goldstrike sucks
 
2014-02-25 08:09:11 PM
Stolen many years ago.

Passed down the chain.  Now it looks like a good time to "find it"
 
2014-02-25 08:22:49 PM
Arch Stanton unavailable for comment.
 
2014-02-25 08:44:15 PM
Frantic Freddie

Armed IRS agents swooping down on them in 3...2...1

If it's from their property, it isn't income because they already own it.


Previous property owners swooping down on them in 3...2...1
 
2014-02-25 09:42:54 PM
All jokes aside, that is an incredible find. Mint condition old gold coins are just bring-a-tear-to-your-eye beautiful.
 
2014-02-25 09:52:38 PM

echomike23: [img27.imageshack.us image 319x217]


I heard the echos of Hassan Chop, actually.
 
2014-02-25 09:53:22 PM
thepinksmoke.com
 
2014-02-25 10:16:20 PM

Nutsac_Jim: Stolen many years ago.

Passed down the chain.  Now it looks like a good time to "find it"


This happened with some uncirculated circulated  gold double eagles that got out of the mint after the US came off the gold standard. Sorry, heir, not yours. Yoink!

If they are a rare mintage they might be able to trace to a robbery or some other crime.
 
2014-02-25 10:19:52 PM

studebaker hoch: Frantic Freddie

Armed IRS agents swooping down on them in 3...2...1

If it's from their property, it isn't income because they already own it.


Previous property owners swooping down on them in 3...2...1


Amigo, we're talkin' the farking IRS here,  any windfall is gonna attract their attention. I'd bet a few gold coins (that I don't have) that they'll get a whole lot of unwanted attention from the bloodsuckers & there'll be some rule they can invoke to take up to 1/2 of the find.
 
2014-02-25 10:27:34 PM

Frantic Freddie: studebaker hoch: Frantic Freddie

Armed IRS agents swooping down on them in 3...2...1

If it's from their property, it isn't income because they already own it.


Previous property owners swooping down on them in 3...2...1

Amigo, we're talkin' the farking IRS here,  any windfall is gonna attract their attention. I'd bet a few gold coins (that I don't have) that they'll get a whole lot of unwanted attention from the bloodsuckers & there'll be some rule they can invoke to take up to 1/2 of the find.


Some rule like, income tax?
 
2014-02-25 10:28:57 PM
I wonder what the cash 4 gold people would offer for it
 
2014-02-25 10:33:34 PM
kidgenius:

HighlanderRPI:
C'mon boys, we're goin' to Guyana California

[encrypted-tbn3.gstatic.com image 259x194]

Watching those bozos jump around is the only thing that makes the show worth watching. They just start to get the hang of it, and instead of continuing, they choose to jump to something else. They've gotta be making some serious cash on the side and obviously aren't in the mining for the money...



Watching these Mormon morans try to mine in Ghana was my guilty reality show pleasure last year:

assets.nydailynews.com
 
2014-02-25 11:18:50 PM

r1niceboy: It'll soon be worth only $100 because the gubmint is printing money solely to lower the value of hardworking people's gold.


Yeah, something along the line of
"Here are two free passes."
"But there are five of us."
"Here are TWO free passes."
 
2014-02-25 11:32:39 PM

studebaker hoch: Frantic Freddie

Armed IRS agents swooping down on them in 3...2...1

If it's from their property, it isn't income because they already own it.


Previous property owners swooping down on them in 3...2...1


Local police department declaring the hoard drug money and swooping down on them in 3...2...1
 
2014-02-25 11:43:16 PM

graeylin: My dogs never find stuff like that, ever.


but if other dogs' poop were gold ...
 
2014-02-26 01:58:49 AM
My friend Don is the president of the firm handling the hoard. These are some really rare coins. Some are the finest known in existence, 13 to be exact, have either been listed as new finest known or tied for finest known. This is huge news in the rare coin marketplace. The coins have all been authenticated and graded by PCGS the top tier grading company around.

The 1866-S No Motto $20.00 is expected to sell for close to a million dollars alone, here is a link to Don Kagin's website where coins will be sold:
http://saddleridgehoard.com

I'm excited for him and the couple that found them!
 
2014-02-26 02:19:44 AM
I thought all the gold in California was in a bank in the middle of Beverly Hills....
 
2014-02-26 11:06:48 AM

volodya: Want to bet they found it on someone else's land and are claiming it was on their land? I have questions about the exact spot they were found.


I have more questions than that.  Did they really even find the gold?  How did they just stumble upon something that had been apparently buried for over 100 years?

According to the news this morning...  They sealed the gold in plastic, and buried it exactly where they found it.  For safety purposes.
What the hell is the point in that?!
If you're that worried about someone stealing it from you, there could be no less secure place.  I'm thinking that a safe deposit box is the most likely and most secure place possilble.

Something is amiss with this story.  For starters, if the coins are really that rare, it shouldn't be very difficult to trace back to the original owner.  Not a whole helluva lot of people would have lived on that land over that time period.  And far less would have had the means to posses so many of those coins.
 
2014-02-26 11:12:19 AM

God-is-a-Taco: Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.

To think they laughed at me for stockpiling commemorative 9-11/Seal Team Six coins. I'll never forget to rub it in their faces when I'm rich


Those are not "coins" they are medallions.
 
2014-02-26 04:23:45 PM

durbnpoisn: volodya: Want to bet they found it on someone else's land and are claiming it was on their land? I have questions about the exact spot they were found.

I have more questions than that.  Did they really even find the gold?  How did they just stumble upon something that had been apparently buried for over 100 years?


I'm not sure I understand your question.  Are you looking for an explanation of how they physically moved from their house to the location on their property where they found the cans?  From what I read, they were next to a walking trail.  Are you looking for a discussion about topsoil erosion?  I don't know if you're aware of this, but people even occasionally find gems.  There are in fact entire state parks where you can walk around and just find gems near or on the surface.  I hear that some of those gems were buried for even longer than 100 years.

According to the news this morning...  They sealed the gold in plastic, and buried it exactly where they found it.  For safety purposes.
What the hell is the point in that?!


That's not what I heard.  I read that they put everything in a cooler and buried the cooler under their wood pile.  The point of that seems pretty obvious.  They didn't understand exactly what they had, and they wanted to hide it until they got a lawyer and a place to move it.  Seems pretty reasonable.

Something is amiss with this story.  For starters, if the coins are really that rare, it shouldn't be very difficult to trace back to the original owner.

Why do you say that?  You know what else is rare in 2014?  Coins from shipwrecks.  How easy is it to trace the "original owners" of coins from shipwrecks (whatever the "original owner" of money is supposed to mean)?

Not a whole helluva lot of people would have lived on that land over that time period.

Why are you assuming that the people who buried the coins owned the land?  Maybe it was public land at that point.  We don't know, because we don't know where the land is.  We don't know who "John" and "Mary" are or where their property is.

And far less would have had the means to posses so many of those coins.

It doesn't take much to stick a gun in someone's face and take their money.  It really only takes a gun, actually, and someone with money.  Of course, considering that the gold rush started around 1848, it's also entirely possible that these are earnings from a prospector.  Maybe they were stolen from him.

As to the original question about whether or not the land is owned by the people with the coins, it certainly sounds like it was on their land.

You call this the Saddle Ridge Hoard; is that where you found these coins?

Mary: Yes - we found the coins buried on a little area of our property that we call the Saddle Ridge

Have you lived on this property a long time and possibly passed by the treasure without spying it before?

John: I saw an old can sticking out of the ground on a trail that we had walked almost every day for many, many years.
Mary: I was looking down in the right spot and saw the side of the can. I bent over to scrape some moss off and noticed that it had both ends on it!


http://saddleridgehoard.com/interview/
 
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