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Antique US gold coins unearthed in East London garden

Release Date: 
Tuesday, October 19, 2010

Antique US gold coins unearthed in East London garden

Oct. 19, 2010

More than $157,000-worth of U.S. gold coins were found in the backyard of an East London home.

Dating from as early as 1854 and as late as 1913, the $20 Double Eagles primarily were minted in San Francisco and Philadephia. Individually weighing 33 grams, the coins were uncovered by two residents who were gardening in Hackney.

"The coins are thus all the same denomination, introduced in this form in 1850, and were struck to the same standard, 90 per cent gold, used from 1837 until the end of US gold coinage in 1933," Barrie Cook of the Department of Coins and Medals at the British Museum told the Hackney Gazette. The coins are now on display at the British Museum.

The rightful owner may recover the coins by coming forward by spring. The exact location where the coins were discovered has not been disclosed in an effort to dissuade false claims on the treasure.

The Hackney Museum expressed an interest in purchasing the coins, the proceeds of which would be split between owners of the land and those who found the coins.

This news article is independently provided by Brafton and does not represent the views or opinions of Goldline International, Inc. Although the information in this news alert has been obtained from sources believed to be reliable, Goldline does not guarĀ­antee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.

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†This material has been prepared for private use. Although the information in this commentary has been obtained from sources believed to be reliable, Goldline does not guarantee its accuracy and such information may be incomplete or condensed. The opinions expressed are subject to change without notice.

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