California Couple Finds $10M Buried Treasure in Back Yard

gold 2“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.

“Since 1981, people have been coming to us with one or two coins they find worth a few thousand dollars, but this is the first time we get someone with a whole cache of buried coins… It is a million to one chance, even harder than winning the lottery,” Kagan told ABCNews.com.

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.

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