When rusty cans filled with uncirculated gold coins show up seemingly out of nowhere, people are going to ask questions. Then they’ll come up with their own answers. When one amateur historian speculated that the massive hoard of gold coins found in California could have come from a 1901 inside theft at the United States Mint, it captured the public’s imagination. Mostly because that would mean the couple would have to surrender the entire find to the U.S. government. [More]
Finders keepers, right? Maybe not in the case of a California couple who found $10 million in gold coins while hiking with their dog. A newly found century-old news item has shed light on where the huge treasure may have originated.
Imagine that you were hiking on your property and saw the rusty old can pictured at left. Me, I’d probably grumble about previous generations’ approach to trash disposal and pick the can up to throw it away. When a California couple saw a can sticking out of the ground, they checked it out…noticing that it had a lid. What could be inside? Not century-old creamed corn. [More]
I’d like to imagine that whichever Kokomo, Ind. resident (not to be confused with the place the Beach Boys are singing about) who is dropping valuable gold coins into a Salvation Army kettle every year for the past five is the kind of person who lives in a ramshackle house on the edge of town where the kids can’t help but peer in the windows and wonder. Is this a hermit with a heart of gold and the coins to match? [More]
For a culture so obsessed with money, we sure don’t know the value of it. Here is a video of a guy trying buy a $.99 Taco Bell taco with an American Eagle gold coin. It’s legal tender for $50, but with gold the price of gold where it’s at, has a meltdown value of more like $1428. The Taco Bell employee doesn’t really want to take it, saying it’s “for collecting” and is much happier when the guy pays with two one-dollar bills. To be fair, he gives up pretty quick and doesn’t press his case, but that Taco slinger sure missed out.