Thursday, February 27, 2014

$10 million in gold found on couple's property

Article: In central California, a couple were taking a walk on their rural property with their dog over a trail they had done many times. The wife saw a rusted can poking up from the ground's surface near a tree. She dug it up and discovered jars of buried gold coins. The 1,426 gold coins, dating from 1847-1894, are in absolutely pristine condition and look as if they were buried right after being acquired. They also don't appear to be the result of a robbery because they appear to have been buried chronologically (every few years) as soon as the coins were minted, in various cans. Some of the coins are so rare, they could sell for more than $1 million a piece. A true buried treasure! The couple wish to remain anonymous to avoid a gold rush to their property and people asking for money. They plan to sell most of the coins on Amazon and use the proceeds to pay off bills and give money to charity. Previous gold finds occurred in 1985, when construction workers uncovered $1 million in gold coins, and in 1974, when a man died, leaving 400,000 silver dollars behind, worth $7.3 million. Gold has also been discovered off ship wrecks. 

Discussion
  • What is a gold rush?
  • Why do the couple wish to remain anonymous? Would you? 
  • Why is this a priceless treasure? 
  • What do you think of the way they are selling it? 
             

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