'Fake' coin from California Gold Rush is actually REAL and worth millions

[OtakuDude]

• A rare $5 coin from the California Gold Rush has been found in New England
• Its owner thought it was fake but the coin is actually worth millions
• The Numismatic Guaranty Corporation authenticated it and identified it as one of four surviving 1854 special coins produced by the San Francisco Mint
• The owner wishes to remain anonymous and has not said where he found it

An incredibly rare coin from the California Gold Rush is worth millions - and its owner didn't have a clue.

The San Francisco Mint produced fewer than 300 special edition $5 coins, and it was thought that only three survived.

The anonymous owner of the discovered fourth coin believed the piece to be fake, as did multiple coin dealers.

An incredibly rare coin from the California Gold Rush has been discovered and is worth millions

However, the Numismatic Guaranty Corporation (NGC), the world's largest rare coin authentication company, proved it to be real by comparing it to the three known coins.
The 164-year-old treasure is now worth millions of dollars, according to the NGC.

'It's like finding an original Picasso at a garage sale. It's the discovery of a lifetime,' said Mark Salzberg, NGC Chairman

Read more: 'Fake' coin from California Gold Rush is actually worth millions | Daily Mail Online
​

 

Amazon Forum Fav 👍

A History of Mining on the Kenai Peninsula, Alaska - Grab it through Amazon!

[laidback4sho]

Interesting... I wonder if he dug it or if it was in a collection that he came into possession of. Would be awesome if he dug it.

 

[mindcrime1988]

I wonder when the story says the person "found" it, if it was by metal detecting? Either way I suppose it would not matter but stuff like this gives me more motivation to get out there and find rarities such as this.

 

[Ammoman]

Nah...most likely a coin-star find.

 

[Honest Samuel]

i live in Connecticut, and it would be nice to find one of these coins. A great find.

 

[GB1]

that is a really cool story i need to find me one

 

[tamrock]

I just heard about this on TV. Well I need to see if the one I purchased as a replica is a real one now.

 

[eyemustdigtreasure]

as of now, Fox News, 9hrs ago showed the same images, and all show dirt, at least the Obverse side, where the 4 of the 1854 is joined to the reeded, underside of the edge..., plus quite a bit of the circumference has some there too - it appears to be.... a dug coin!

http://www.foxnews.com/science/2018...e-fake-gold-coin-actually-worth-millions.html

 

[TimberCrack]

Now that is what I'm looking for....

 

[A2coins]

I bet many people think their coins are fake a lot of times when they aren't lucky for him.