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800 gold coins found Kentucky cornfield

JW77JW77 Posts: 520 ✭✭✭✭✭

Wasn't sure if this is old news: I did not come across it in the search function

https://www.youtube.com/watch?v=Vpmshu-SE3E

Comments

  • DCWDCW Posts: 7,453 ✭✭✭✭✭

    "The Great Kentucky Hoard."
    Was just reading about this in CoinWorld. Apparently. Some varieties and errors found, along with Dahlonega Mint specimens. Loose coins in a cornfield, the mystery may never be solved regarding how they got there:
    https://www.coinworld.com/news/us-coins/gold-coin-hoard-totaling-800-pieces-found-in-kentucky

    Dead Cat Waltz Exonumia
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  • rickoricko Posts: 98,724 ✭✭✭✭✭

    What an amazing discovery, the dream of all treasure hunters. I cannot imagine the excitement as coin after coin emerged from the soil. WOW!! Cheers, RickO

  • MedalCollectorMedalCollector Posts: 1,993 ✭✭✭✭✭

    Wowzers! What an incredible find!

  • skier07skier07 Posts: 4,046 ✭✭✭✭✭

    The ones that were available for sale may have all been sold and I don’t see anything about prices. It seems like nothing was sent to CAC unlike the Fairmont hoard.

    https://www.govmint.com/great-kentucky-hoard

  • RelaxnRelaxn Posts: 1,007 ✭✭✭✭✭

    The 1863 20$ are incredible

  • JW77JW77 Posts: 520 ✭✭✭✭✭

    I wonder what % of the hoard will cross to PCGS. Would PCGS keep the pedigree designation? I would think that would impact one's decision whether to cross or not!

  • jkrkjkrk Posts: 987 ✭✭✭✭✭

    Who owns the coins? Am I to understand that they were all sold? Never went to auction?

    Do I understand correctly?

  • JW77JW77 Posts: 520 ✭✭✭✭✭
    edited June 17, 2023 2:36PM

    @jkrk said:
    Who owns the coins? Am I to understand that they were all sold? Never went to auction?

    Do I understand correctly?

    Looks like the hoard was marketed and fully sold out through the GovMint.com website

  • TrampTramp Posts: 701 ✭✭✭✭✭

    Some people have all the luck! Oh well, I'll just keep working hard to earn the money so I can continue buying all the coins I love!

    USAF (Ret.) 1985 - 2005. E-4B Aircraft Maintenance Crew Chief and Contracting Officer.
    My current Registry sets:
    ✓ Everyman Mint State Carson City Morgan Dollars (1878 – 1893)
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  • liefgoldliefgold Posts: 1,690 ✭✭✭✭✭

    Any way to see an inventory of the dates found?

    liefgold
  • JW77JW77 Posts: 520 ✭✭✭✭✭

    @skier07 said:
    Is this story triggering anyone’s BS meter?

    The marketing on Gov Mint is a curious choice, but a news article on the NGC website would confirm the hoard

  • rte592rte592 Posts: 1,727 ✭✭✭✭✭

    Who's regiment didn't get paid for the months pay?
    North or South?

  • JimnightJimnight Posts: 10,846 ✭✭✭✭✭

    Nice find

  • Manifest_DestinyManifest_Destiny Posts: 6,899 ✭✭✭✭✭

    Clearly wartime stolen payroll or something I'd bet.

  • MS66MS66 Posts: 235 ✭✭✭

    @skier07 said:
    Is this story triggering anyone’s BS meter?

    There's something weird about it.

    "Garrett said most of the coins were found loose in the ground"

    Isn't that unusual?

    Not found by a metal detector.
    Then how?

  • skier07skier07 Posts: 4,046 ✭✭✭✭✭

    @MS66 said:

    @skier07 said:
    Is this story triggering anyone’s BS meter?

    There's something weird about it.

    "Garrett said most of the coins were found loose in the ground"

    Isn't that unusual?

    Not found by a metal detector.
    Then how?

    And supposedly only one coin was damaged.

  • Cougar1978Cougar1978 Posts: 8,364 ✭✭✭✭✭

    A treasure hunters dream / lifetime bonanza.

    Coins & Currency
  • Manifest_DestinyManifest_Destiny Posts: 6,899 ✭✭✭✭✭

    @MS66 said:

    @skier07 said:
    Is this story triggering anyone’s BS meter?

    There's something weird about it.

    "Garrett said most of the coins were found loose in the ground"

    Isn't that unusual?

    Not found by a metal detector.
    Then how?

    Garrett IS the metal detector. :-)

  • tincuptincup Posts: 5,205 ✭✭✭✭✭

    Likely found loose due to the soil being plowed for many years.

    ----- kj
  • jwittenjwitten Posts: 5,208 ✭✭✭✭✭

    Shoot, I thought I hid them better!

  • yosclimberyosclimber Posts: 4,822 ✭✭✭✭✭

    https://www.youtube.com/watch?v=ubVc2MQwMkg
    Maybe it was buried in the unmarked grave, next to Arch Stanton? :)

  • Walkerguy21DWalkerguy21D Posts: 11,514 ✭✭✭✭✭

    @tincup said:
    Likely found loose due to the soil being plowed for many years.

    And none of the farmers ever spotted any of them gleaming in the sun? Granted $1 gold pieces are pretty small, but there were a lot of them, and farmers in Ohio used to spot arrowheads and artifacts while plowing and planting their fields.

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  • logger7logger7 Posts: 8,615 ✭✭✭✭✭

    I ran into someone the other day who mentioned a $5 Dahlonega that turned up in a treasure hunt recently, curious if there was a complete list of the hoard.

  • streeterstreeter Posts: 4,312 ✭✭✭✭✭

    Odd that I can't find any "before" pictures with 160yr dirt toning on those gemmy 20's.

    Well, odd to me.

    Have a nice day
  • thebeavthebeav Posts: 3,802 ✭✭✭✭✭

    Pretty amazing story !

  • BuffaloIronTailBuffaloIronTail Posts: 7,484 ✭✭✭✭✭

    @Manifest_Destiny said:
    Clearly wartime stolen payroll or something I'd bet.

    That's a real good guess. No one back then was rich enough to amass all those coins.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
  • Manifest_DestinyManifest_Destiny Posts: 6,899 ✭✭✭✭✭

    Maybe it's the gold from the Corydon IN raid.

  • FrankHFrankH Posts: 982 ✭✭✭✭✭

    @FlyingAl said:
    Pictures of the find from NGC's article here:

  • 1630Boston1630Boston Posts: 13,859 ✭✭✭✭✭

    WOW !!!
    .
    .
    Perhaps it was one of these
    Most People Don’t Know These 11 Treasures Are Hiding In Kentucky
    Back in Kentucky’s days of old, many people either did not trust the banks, or did not have access to one. In cases such as this, wise Kentuckians would often bury their treasure hordes in spots they deemed safe. In most cases an old tree or some landmark would signal the spot, but many passed on before digging up their hidden treasures. A few ole’ timers thought to leave a note for their wives, but in some cases, their riches remain unclaimed, and well hidden.
    .

    The Cole brothers raised a fine tobacco crop late during the Civil War. It was so fine they made a whopping $5,000 in gold coins for their hard work. Instead of trusting a bank, they hid the coins in their hearth, about 20 miles out of Paducah. Unfortunately, a robber broke in soon thereafter, killing the brothers and taking the gold. It was buried near the home, but the robbers fled. He left the money, took a new name and moved to Kentucky. The man died around the 1900s, but shared the location with a friend. The Cole house had been dismantled, and despite the "friend’s" best efforts, he never found the gold.
    .
    .

    ames Langstaff passed on in 1872, but he left a note informing his wife there was $20,000 in gold coins buried on their land near a cottonwood tree. It has been determined the coins were buried either on South Third Street or Broadway in Paducah.

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    Bad transactions with : nobody to date

  • ElcontadorElcontador Posts: 7,550 ✭✭✭✭✭

    @Clackamas1 said:
    My father worked in Alaska during the 1960's as a smokeJumper. An old guy who had been there since Wyatt Earp days, said he knew him (according to my father), owned a bar and you could only use silver dollars and gold coins in the 1960's. He had a hoard of gold buried and no one knew where it was. My father came back one spring and he had died. No one knew where his gold was buried. My father, saw it once and it was so many Mason jars he was shocked. He was 80 something in the mid/lower 1960's. Some day that hoard will be found.

    In addition to the Klondike gold rush in the late 1890s, there was also another one in the Fairbanks area several years later, which put the place on the map. If this guy was in his 80s, he may have been one of the lucky prospectors who actually found something.

    "Vou invadir o Nordeste,
    "Seu cabra da peste,
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  • logger7logger7 Posts: 8,615 ✭✭✭✭✭

    If we could find real character-based treasures to impart to others, now that would be a great accomplishment!

  • jwittenjwitten Posts: 5,208 ✭✭✭✭✭

    @MS66 said:

    @skier07 said:
    Is this story triggering anyone’s BS meter?

    There's something weird about it.

    "Garrett said most of the coins were found loose in the ground"

    Isn't that unusual?

    Not found by a metal detector.
    Then how?

    Did it say they didn’t use a metal detector? It may have, I just didn’t see that part.

  • percybpercyb Posts: 3,328 ✭✭✭✭

    Double checking my yard!

    "Poets are the unacknowledged legislators of the world." PBShelley
  • JeffMJeffM Posts: 587 ✭✭✭✭
    edited July 5, 2023 11:58AM

    @jkrk said:
    Who owns the coins? Am I to understand that they were all sold? Never went to auction?

    Do I understand correctly?

    They were sold to Modern Coin Mart / GovMint, who sold them to collectors. Not sure if they bought all of the coins, but they were selling many of them and, yes, they all sold out. I was able to get an 1862 Indian $1 Type III that shows a little evidence of recovery from the ground (that's desirable to me), but perfect coins go for many thousand$

    The coins were initially stored in a money sack, as there was evidence of the sack in the recovery. As expected, most of the cloth bag disintegrated from being buried. Some of the coins show damage from field plowing over the years, but most of the coins are in great shape (once the dirt was cleaned off).

    Conjecture is that these coins may have been intended to pay soldiers (this was during the Civil War), or someone just stashed them away because Kentucky was a state sandwiched between the North and South and was nervous. Because of this, Kentucky declared its neutrality in the war, but I'm not sure how much that helped. Interesting history here.

  • liefgoldliefgold Posts: 1,690 ✭✭✭✭✭

    What I found interesting about the discovery is that they found 3 1862 Double Dies among the hoard. The 1862 is one of the more common dates, with thousands graded by PCGS and NGC, but the DDO has a pop of only 38 between the 2 services. Not sure how many 1862's there were, but 3 of them being DDO's is a high percentage.

    liefgold
  • WillieBoyd2WillieBoyd2 Posts: 5,174 ✭✭✭✭✭

    Civil War soldiers on both sides were paid with paper money not gold.

    :)

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  • Cougar1978Cougar1978 Posts: 8,364 ✭✭✭✭✭
    edited July 6, 2023 5:05AM

    I bet they running them thru the conservation dept first b4 mktg them.

    Just goes to show still stuff out there.

    Coins & Currency

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