CA Gold Rush

grayfingers
Cave Dweller

Member since November 2007
Posts: 4,575

CA Gold Rush Feb 25, 2014 10:10:51 GMT -5

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Post by grayfingers on Feb 25, 2014 10:10:51 GMT -5

I see the drought has really brought out the prospecters. I have read here about Rockpickerforever (Jean) and her husband having been out a lot. I hear the rains are coming now though.

losangeles.cbslocal.com/2014/02/24/prospectors-say-drought-has-created-californias-2nd-gold-rush/

aquila non capit muscas

rockpickerforever
In Memoriam

RIP Jean Bradley, you are forever loved

Member since July 2011
Posts: 12,069

CA Gold Rush Feb 25, 2014 10:24:39 GMT -5

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Post by rockpickerforever on Feb 25, 2014 10:24:39 GMT -5

I hadn't thought about lower water levels making more areas accessible. Hmmm... Problem is, just about all the lakes around here are reservoirs for drinking water, and they would have a conniption fit if someone was to go prospecting or panning in it.

Bill, ya got that right, rain's on the way! Expecting just a taste of rain in a couple days, but should be measurable in the inches by the weekend. A real gully washer!

We had been contemplating going out to one of the clubs claims close by and doing some dry washing this weekend, but that won't be happening.

Forty years of fur children

rocklicker driving up their electric bill Member since January 2006 Posts: 2,586	CA Gold Rush Feb 26, 2014 19:23:39 GMT -5 Quote Select Post Deselect Post Link to Post Member Give Gift Back to Top Post by rocklicker on Feb 26, 2014 19:23:39 GMT -5 I just read in the paper someone found $10 million in gold coins not even an hour south of here. Forget the lakebeds, just keep an eye out when you take your dog for a walk! Steve

Deleted
Deleted Member

Member since January 1970
Posts: 0

CA Gold Rush Feb 27, 2014 22:42:05 GMT -5

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Post by Deleted on Feb 27, 2014 22:42:05 GMT -5

Feb 26, 2014 19:23:39 GMT -5 rocklicker said:

I just read in the paper someone found $10 million in gold coins not even an hour south of here. Forget the lakebeds, just keep an eye out when you take your dog for a walk!
Steve

San Fran mint, $5-20 face value $28K in face value many in mint un-circulated condition. For you coin collectors I saw PCGS slabs rated at MS-66. That is SUPER high grade for any coin let alone coins of this era.

It's called the saddle ridge hoard

The Saddle Ridge Hoard is the name given to identify a treasure trove of 1,427 gold coins unearthed in Gold Country in the Sierra Nevada of California in 2013. The face value of the coins totaled $27,980, but was assessed to be worth $10 million. In total, the hoard contains $27,460 in twenty dollar coins, $500 in ten dollar coins, and $20 in five dollar coins, all dating from 1847 to 1894. The collection is the largest known hoard of gold coins ever found in the United States

I'll bet with all the media it will be double that estimate of $10 Million.

Disposition

According to McCarthy, the couple who discovered the hoard have made an exclusive arrangement with Amazon.com to sell the coins through their collectibles store. This arrangement is the first major sale of coins made through Amazon. John and Mary have also chosen to use the funds to cover their personal debt and donate to several local charities. They have additionally chosen to retain about ten percent of the coins for family heirlooms and keepsakes

More at wiki and all over the web. Amazing story of dumb luck.

edited to add:

Before finding the trove, the couple had noticed some unique features of the area. They recalled seeing an old empty can hanging from an old tree. The can had evidently been there so long that the tree had literally grown around it. At the time, the couple surmised that the hanging can had possibly been used to hold flowers and mark a grave. They also noticed an oddly shaped rock on the nearby hill, which they nicknamed "Saddle Ridge". After they found the gold, they realized that the geographical features and the hanging can were probably markers to the site, placed by the original owners. The center of the treasure trove was located exactly ten steps between the jagged rock and the direction of the North Star.

Find the tree with the hanging can near the odd rock, take ten paces towards polaris and dig. No map required.

Last Edit: Feb 27, 2014 22:45:59 GMT -5 by Deleted

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rocknrob: There was a shop in Portland, don't know if it's still there called Kenny and Zukes who made the absolute best pastrami sandwiches I have ever had. The problem is every restaurant thinks their sandwich is worth $20 now and seldom makes the grade. Nov 12, 2024 9:53:31 GMT -5

rocknrob: So, to end my thread on sandwiches. If you find your sandwich worthy of that price by all means keep going to that restaurant (chewie)