|The First Art Newspaper on the Net
||Established in 1996
|| Friday, February 23, 2018
|California treasure trove found in eight cans makes over $1 million for lucky finders |
Nineteenth century gold coins are viewed in this undated handout photo obtained February 26, 2014 courtesy of Kagin's, Inc. The California couple who unearthed a treasure trove on their property are at least $1 million richer after buyers seized on the ancient gold coins sold at auction. The unnamed couple uncovered eight cans filled with more than 1,400 coins, believed to be the most valuable treasure trove ever discovered in the United States. On Tuesday night, May 27, 2014 they went on sale, and made over $1 million within the first hour, said Don Kagin of Kagin's Inc, a firm specializing in ancient coins, which valued the whole horde at $10 million. AFP PHOTO / KAGIN'S, INC.
LOS ANGELES (AFP).- A California couple who unearthed a treasure trove on their property are at least $1 million richer after buyers seized on the ancient gold coins sold at auction.
The unnamed couple uncovered eight cans filled with more than 1,400 coins in March, in what is believed to be the most valuable treasure trove ever discovered in the United States.
On Tuesday night they went on sale, and made over $1 million within the first hour, said Don Kagin of Kagin's Inc, a firm specializing in ancient coins, which valued the whole horde at $10 million.
Proceeds from the first coin to be sold, a $20 dollar piece dating from 1874 which was snapped up for $15,000, went to help the San Francisco Mint's restoration fund, Kagin told AFP.
Nearly half the horde was sold within 24 hours of going on sale, he added.
The so-called Saddle Ridge Treasure trove is named after a feature on the couple's property in an area of northern California known for buried treasure since the Gold Rush in the 19th century.
The couple, named only as John and Mary, said they were simply taking their dog for its daily walk when they made the find.
"I never would have thought we would have found something like this. However, in a weird way I feel like I have been preparing my whole life for it," said Mary at the time.
© 1994-2014 Agence France-Presse
May 29, 2014
Victoria & Albert Museum opens exhibition of works by Indian artist M.F. Husain
Sotheby's London to present only Botticelli drawing to appear on the market in 100 years
California treasure trove found in eight cans makes over $1 million for lucky finders
Getty Museum acquires "Portrait of Julien de la Rochenoire" by Édouard Manet
Lowry, Hepworth, Nicholson, Spencer & Frink lead Christie's Modern British and Irish Art Sale
Ai Weiwei creates a monumental new installation for exhibition at Lisson Gallery
Rare dodo skeleton, Darwin plant samples and Muggletonian sect prints go on show at the Fitzwilliam
Unparalleled mementos of European ruling houses dominated the 68th auction at Hermann Historica oHG
Christie's New York announces sale of important watches to be held on June 11
Art historian, critic and curator Diana Baldon appointed new Director of Malmö Konsthall
Installation artist and photographer Barry Underwood opens exhibition at Sous Les Etoiles Gallery
Dead astronaut's toothbrush to go under the hammer for $4,000 at Nate D. Sanders
A Papal document and a JFK New Year's card headline at Fraser's Autographs Auction
Maxim Boxer launches first in a projected series of London exhibitions and auctions of Russian art
Summer Sparkle: Christie's New York announces sale of important jewels
Vacancy: The Gateway to Death Valley by Pamela Littky to be published by Kehrer this September
New cultural space for London to launch in Greenwich Peninsula
Standing the test of time: Historic Georgian Golden Age furniture reigns at Bonhams sale
Bonhams Hong Kong crown inaugural series of auction gallery sales with record for Imperial lacquer
Liljefors paintings reunited at Nationalmuseum
Solo exhibition of British artist Nicholas Pope opens at Richard Saltoun Gallery
Bruce Museum adds coastal scene by Alfred Thomas Bricher to permanent collection
Most Popular Last Seven Days
1.- The Morgan explores the Medieval world's fascinating approach to the passage of time
2.- Experts discover hidden ancient Maya structures in Guatemala
3.- Egyptian archaeologists unveil tomb of Old Kingdom priestess Hetpet
4.- The Speed Art Museum and Italian Ministry reach loan agreement on ancient calyx-krater
5.- Major exhibition features artistic masterpieces from the glorious Church of the Gesù
6.- From Beowulf to Chaucer, the British Library makes 1,000 years of rich literary history freely available online
7.- Truck damages Peru's ancient Nazca lines
8.- Trish Duebber is new Coordinator of Youth Programs at Boca Raton Museum Art School
9.- Exhibition examines the way art, like language, was used to articulate a rhetoric of exclusion
10.- The Dallas Museum of Art announces gift of three major European works
Museums, Exhibits, Artists, Milestones, Digital Art, Architecture, Photography,
Photographers, Special Photos, Special Reports, Featured Stories, Auctions, Art Fairs,
Anecdotes, Art Quiz, Education, Mythology, 3D Images, Last Week, .
|Royalville Communications, Inc|
Tell a Friend
Dear User, please complete the form below in order to recommend the Artdaily newsletter to someone you know.
Please complete all fields marked *.