Our San Francisco Gold Coin Cache!

Well, Here again I read it for the THIRD time. (AND it gets better with each read  )

I'm sitting here thinking ... never found a gold coin for myself but how would I go about increasing the odds of finding one?

Well for sure DETECT, DETECT, DETECT.

Then find the right places: LOCATION, LOCATION, LOCATION.

I'm thinking about the $20 Gold pieces. THAT was a TON of money back in late 1800's and would most likely NOT be a pocket drop.

The $5 or $2-1/2 Gold Pieces...hmm maybe but only where the wealthy played or congregated.

Darn...I'm thinking too much

HH Joe

Joe...Thanks for the post.  I have a clue for you...Location...Location...Location.
It's everything.  A demo is unhunted, compared to a park.  I just hit it at the right time, thanks to Judi
HH,
MT,
Tom

it dont get any better then that !!!!!!!!!!!!!!

it dont get any better then that !!!!!!!!!!!!!!

Thanks WPA.
HH,
MT
Tom

Looks like a few may have been close to a fire. Dream find

Looks like a few may have been close to a fire. Dream find

No Fires CJH.  Just rust from an obvious tin can burial.
Thanks so much.
MT

Absolutely remarkable!I now know what it feels like to dig one.......I cant imagine that x 15!!!!!!!My hats off to you!

Absolutely remarkable!I now know what it feels like to dig one.......I cant imagine that x 15!!!!!!!My hats off to you!

Kuger, thanks so much for your nice comments and congratulations on your incredible $10 gold piece. I was thrilled to see it in the "Banner" so soon.  It's probably worth more than all mine put together
HH,
MT
Tom

  This is the stuff of dreams. Congrats on your gold finds and the article! 

Thanks Diggin'.  I still dream about it
HH,
MT,
Tom

You bet Tom!Hey I wonder what it takes to make "Best Of....."??

[KG6YLL]

I know this is a dream find for most treasure hunters, especially us guys in California!

KG6YLL

 great find !!!!!!!!!!!!!!! dont think you will top that

very nice. well worthy of this site.

Thanks so much T.D.  It was a find to remember
Thanks for your reply.
HH,
MT
Tom

If that doesn't keep a person swingin nothing will!!

If that doesn't keep a person swingin nothing will!!

J.R.  I have a very sore shoulder, but I never stop. Today I use a Minelab E-Trac.  Even silver looks good to me these days I'll take it
Thanks for your post.
HH,
MT
Tom

Awesome find, I would say that was the find of the century.  Have you paid off your house note with the proceeds?  I know I would have.....Once again TOTALLY AWSOME!!!!! ........NGE

I was going through my " American Coin Treasures and Hoards" book. Read a story and thought man that sounds like the same one as T-net. Sure enough it was your story. I like your version better though because of the pics.

awesome finds!!!!!! man i dont even know what i would to do if i pulled 1 gold coin lol 

awesome finds!!!!!! man i dont even know what i would to do if i pulled 1 gold coin lol 

Thanks CD.  I think I would go back and look for more.  There's always a good possibility
HH,
MT
Tom

WOW! What a find of a life time. Congrats! 

Dave

Thanks L.H..  I haven't found anything, anywhere this nice in many years.  These days, one silver dime is great.
HH,
MT
Tom

Wow That is a great find.  Makes me want to go hunting!

Jimb...Go out and hunt.  Find a place where no one has ever gone.  Believe me, it's the place to go.
Thanks so much for your reply.
HH,
MT
Tom

MT, it just makes me sick to think how many urban demolition sites come and go monthly/yearly, and we can barely "scratch the surface".    I've seen some where you can watch them scrape off the concrete, while you're watching from the street, and then go down several feet before their 5pm cutoff-time.   Seems it's always "not deep enough", or "too deep", for demolition, eh?

One time I was getting tokens, coins, age-indicators, etc...... at the foot of this board-&-batton porch/commercial district building in Hollister, CA.   When I got to where I couldn't stick my coil any further under the un-demolished structure/porch/veranda thingy, I figured:  "when I get back tomorrow, they'll have the rest of this torn out, so why bother any further effort tonight?"    But when I got back the NEXT night, they'd not only ripped out the remaining structure, but also dug out several foot of prime soil too

Makes me sick to think of just how much old-town demolition site goodies get hauled away each year.  Glad you got a nice piece of action! 

Just a hint to you all, (know a bit of demo folks)...Go to the sites, go to the trucking demolition companies, find out the jobs, see if the foreman will let you on site at the end of the day, when it's cleanup, offer to share with him...private home builders too, lot's out there to find!

 I found coin from a simple water line dig, it is literally anywhere...Good hunting!

MT, it just makes me sick to think how many urban demolition sites come and go monthly/yearly, and we can barely "scratch the surface".    I've seen some where you can watch them scrape off the concrete, while you're watching from the street, and then go down several feet before their 5pm cutoff-time.   Seems it's always "not deep enough", or "too deep", for demolition, eh?

One time I was getting tokens, coins, age-indicators, etc...... at the foot of this board-&-batton porch/commercial district building in Hollister, CA.   When I got to where I couldn't stick my coil any further under the un-demolished structure/porch/veranda thingy, I figured:  "when I get back tomorrow, they'll have the rest of this torn out, so why bother any further effort tonight?"    But when I got back the NEXT night, they'd not only ripped out the remaining structure, but also dug out several foot of prime soil too

Makes me sick to think of just how much old-town demolition site goodies get hauled away each year.  Glad you got a nice piece of action!  

Thanks so much Tom...You're right, timing is everything... altho this lot sat for months.  Thanks to Judi for hauling me in there.  I'm not a fence jumper at all, but this time it really paid off.
HH,
MT

Just a hint to you all, (know a bit of demo folks)...Go to the sites, go to the trucking demolition companies, find out the jobs, see if the foreman will let you on site at the end of the day, when it's cleanup, offer to share with him...private home builders too, lot's out there to find!

 I found coin from a simple water line dig, it is literally anywhere...Good hunting!

Thank You Inform!

Awesome what a great hunt that made makes me wish one day I'll have a hunt even close to that but most probably wont takes alot of luck to find a spot with gold like that congrats WTG.

Thanks for the upper!  -Noodle

Tom,

Wow, this story doesn't get old.

What a great read (again and again)!

I've only touched one gold coin in my entire life ... a 1913 (I think) $5. And I remember how heavy it was. It sure felt good. Yeah, I was supposed to inherit that coin and broke my heart when there was a "change of plan".

I will just NEED to find my own now ... hmm or maybe turn all those zincs in and buy one?

Wow...Holy Smokes!! That got my attention...Congrats and HH

OMG....One can only pray for a find like this in his lifetime, all I can say is WOW !    

  it doesn't get much better than that for finding big american gold

Thanks Tony_ia and Tony 1663.  It was great fun, and a find of a lifetime.  Now days, a Mercury Dime looks good
HH,
MT

unreal......just unreal......
biggest congrats i can give you!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 

Thanks so much Evan/Tn
HH,
MT

Hey MT, I was just wondering, don't you have to share half of what you found with the property owner?

WOW IS ALL I CAN SAY WTG Do you still have them?

I went by that lot many many times, started to detect and didn't.....then heard about the finds .... Moral of the story....go with your first instincts and do not hesitate

That is what its all about

WOW IS ALL I CAN SAY WTG Do you still have them?

Thanks Paul...yes, I still have them.  I would never sell them, at least I don't think so.

Thanks RJW...I know exactly what you mean.  It took me forever to go there.

Thanks Captndan...I never keep trying to do it again

HH,
MT

This is the most incredible and best find I've seen here on T-Net! Exactly, what I was thinking as soon as I read that the lastest date is 1906. The San Fran Quake struck in April '06. I believe those coins were in a building that was leveled during the quake. I really love seeing the age and rust patina on those coins! Is it possible to take some close-up pictures and a picture of the reverse side of the coins? Also, were they all San Francisco mint marks?

I was thinking the same thing about the quake and then the fires that came also. It looked to me, could some of the coins have burn marks on them?

skt

SKT...Thanks for the reply.  None of the coins appeared to be burned.  They did have rust stains on them.  I believe they were buried in a tin box at the time of the 1906 earthquake, hence the rust, not burns.
HH,
MT

Has anyone seen the lower half of my jaw that fell off?

Thanks bearbqd for that interesting comment.
HH,
MT

I'm new here(3 days)and have read a lot of posts.This had to have earned a "BANNER", why is it not on the Original Post, at the top of the page?

I'm new here(3 days)and have read a lot of posts.This had to have earned a "BANNER", why is it not on the Original Post, at the top of the page?

Every post in "THE BEST OF",was at one time a Banner.Check the date of the orig. post.I dont think they archive the banners a couple years old up there

Hmmmmm....... a sample of 17 gold coins with various dates; most of those being in the late 1800s.

Did anybody else notice the lone gold coin from the stash with the date of 1906?

Me thinks the person who buried this cache was buried under the rubble of the great quake.

MT I was just wondering, how do you handle the tax thing? I want to know what to do in case I find a pile of gold coins.

MT I was just wondering, how do you handle the tax thing? I want to know what to do in case I find a pile of gold coins.

Dont sell

MT I was just wondering, how do you handle the tax thing? I want to know what to do in case I find a pile of gold coins.

Dont sell

Exactly what I was gonna say...Thanks Kuger.
MT

Don't know your tax act, but if it's anything like ours downunder - the tax is only due when a capital gain is realised. i.e. when you sell (says he, having just been hit with a $7K capital tax gain bill, from farm land sold a few years back).

Yes the finding of coinage represents a capital gain but only when sold is said gain taxable.

Course - I'm not tax lawyer but I stayed in a holiday inn once! 

Cheers
 

Congratulations on a tremendous find!! Have you ever found anything close to this before? It gives us all inspiration!!

                                             

Prairieman