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1883-S Liberty Gold Double Eagle PCGS AU53 Saddle Ridge Hoard Treasure
$ 2316.05
- Description
- Size Guide
Description
1883–S Liberty Gold Double Eagle PCGS AU53 Saddle Ridge Hoard Treasure.The 1883-S has a nice low Mintage of 1,189,000.
We are proud to offer the Saddle Ridge Hoard of Gold ’s with this limited time offer. Once these coins are sold, that’s it. Only 1,400+ coins were discovered, some won’t even be for sale. Some have already been sold for six & seven figures to private collectors. This is an amazing find
The Discovery
The Saddle Ridge hoard was discovered in February 2013, when a couple who owned the property were walking their dog in the morning. They spotted what appeared to be a rusted portion of a can and decided to unearth it. The rusted and deformed can was unusually heavy as if it were filled with iron or lead. It was very unusual and warranted further inspection.
The can was so heavy that while taking it back to their house, the lid of the can be cracked to open and reveal glistening gold coins! Not the sort of thing that you stumble across on the average day!
After that first can, the couple went back to the site to dig up the land in search of more cans filled with coins. Eventually, they unearthed a total of eight cans out from underground throughout their property on Saddle Ridge.
Value of the Hoard
What makes the Saddle Ridge Hoard so amazing is the sheer scale and value of the hoard. The hoard has a total of 1,411 gold coins with a total face value of ,980. The hoard has ,460 worth of twenty-dollar coins and just 0 and worth of ten and five-dollar coins. Sounds unimpressive, right?
Keep in mind those numbers are just the face value… which is actually just a fraction of the total value of these rare gold coins. The actual value of the coins in hoard has been estimated to stand at a whopping million dollars. Now that is an impressive number! Imagine walking around and finding 10 million dollars in your backyard.
Even if you were just considering the melt value, we are talking about pounds and pounds of gold here. But the amazing thing about the coins in the Saddle Ridge Hoard is that a lot of them are in mint condition and quite a few of them are extremely rare.
Numismatists have evaluated the collection and stated that some individual coins area so rare that they are likely worth over million dollars each!
Most of the coins were minted after 1854 in San Francisco, and these coincide with the Gold Rush era. The couple who found the stash of gold coins on their property while walking their dog early in February 2013 had traversed the landscape many times before and had even spotted one of the eight cans poking out of the ground,” Gilkes wrote. "Curiosity eventually became strong enough for the couple to investigate further. And what the couple discovered can only be described as miraculous.”
One of the Saddle Ridge coins is an 1866-S Coronet, No Motto gold double eagle graded PCGS Mint State 62 that is the finest known certified by the grading service and estimated to be worth around million.
Some of the coins were encrusted with dirt and rust after being buried for years in the deteriorating cans. Still, for many of the pieces, the surfaces of the coins underneath the encrusted dirt and rust were in remarkable condition.
All Saddle Ridge Hoard Gold we sell comes with the original display box, small Saddle Ridge marketing book, and Certificate of Authenticity (COA).
Capstonecoins.com
Austin TX 78717