California Couple Finds $10M in Rare Coins Buried in Back Yard

This is incredible. Here is a photo of one of the cans they stumbled across on their property
Inside were gold coins - in perfect condition and all from the 1800s
(This image provided by the Saddle Ridge Hoard discoverers via Kagin's, Inc., shows one of the six decaying metal canisters filled with 1800s-era U.S. gold coins unearthed in California by two people who want to remain anonymous. Saddle Ridge Hoard discoverers via Kagin's, Inc./AP Photo)

ABC News
A California couple  spotted the edge of an old can on a path they had hiked many times before. Poking at the can was the first step in uncovering a buried treasure of rare coins estimated to be worth $10 million.

“It was like finding a hot potato,” the couple  told coin expert Dr. Don Kagan from Kagin’s, Inc. The couple hired the president of Kagin’s, Inc. and Holabird-Kagin Americana, a western Americana dealer and auctioneer, to represent them.

The couple is trying to remain anonymous after finding the five cans of coins last spring on their Tiburon property in northern California and conducted an interview with Kagin.

“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,” the couple said.

“I saw an old can sticking out of the ground on a trail that we had walked almost every day for many, many years. I was looking down in the right spot and saw the side of the can.  I bent over to scrape some moss off and noticed that it had both ends on it,” they said.

It was the first of five cans to be unearthed, each packed with gold coins. “Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition,” said Kagan told ABCNews.com.

Photo- Man who authenticated them (the couple wants to remain anonymous)

David Hall, co-founder of Professional Coin Grading Service, poses with some of 1,427 Gold-Rush era U.S. gold coins, at his office in Santa Ana, Calif., Tuesday, Feb. 25, 2014. Nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition, said Hall, who recently authenticated them. Although the face value of the gold pieces only adds up to about $27,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece. (AP Photo/Reed Saxon)

More photos-




Some of 1,427 Gold-Rush era U.S. gold coins are displayed at Professional Coin Grading Service in Santa Ana, Calif., Tuesday, Feb. 25, 2014. (AP Photo)