Kentucky Farmer Found 700 Coins Worth Millions in a Field, Supporting Civil War Theory

He found 700 gold coins in a cornfield. This discovery was amazing for him and supported a long-contested theory on Southerners during the Civil War. 

These are all gold Indian and gold Liberty coins, as well as some super rare Liberty Double Eagle coins, which made the discovery even more special. 

This amount is based on the number of coins and their quality. As they were found to be in near-perfect condition, this raises the worth of the coins even more.

Kentucky wanted to find a way to declare its neutrality during the war, so it decided to bury the coins as a sign of this. Kentucky borders both northern and southern states and didn’t want to be seen as taking sides.

A Confederate general took his troops into Kentucky, therefore violating any neutrality agreements that had previously been made. As a result, the Bluegrass State ended up joining the Union side.

However, this isn’t a guarantee. There may have been another reason for the coins’ burial that is unknown, but the Civil War theory is currently the only explanation.

He used Jeff Garrett and the Numismatic Guaranty Company (NGC) for the authentication. They removed anything on the surface that could contaminate the coins and used something to help preserve them. It was during this process that they discovered how rare these coins are.

“The importance of this discovery cannot be overstated, as the stunning number of over 700 gold dollars represents a virtual time capsule of Civil War-era coinage, including coins from the elusive Dahlonega Mint,” said Garrett. 

“Finding one mint condition 1863 double eagle would be an important numismatic event. Finding nearly a roll of superb examples is hard to comprehend,” said Garrett.

“This is probably one of the more significant discoveries of coins that were buried in the ground, probably within the last 50 years,” Salzburg said.

“A few of the coins actually graded the finest known. So they have the highest grade that we have seen of that coin to date,” said Salzberg. “The condition that they were found in is just unheard of.”

“It kind of gives me chills that they had been in the ground for maybe 150 years or so, and now we’ve gotten the chance to see them, to conserve them, to bring them into the best possible condition they can be in. And now collectors can actually enjoy them,” said Salzberg.

“It’s a discovery of a lifetime. Every metal detector’s dream is to find something like this,” Couch said. “If I found it, I would definitely keep a couple of them for my personal collection, and then probably sell the rest of the hoard,” Couch said.

This is the rare 1863-P $20 1-ounce Liberty coin. Only a handful of these are in existence, which makes them a keen find for collectors and investors who would willingly pay a lot for just one of these coins. 

These were in circulation between 1850 and 1907 and were worth $20 at the time. The Kentucky coins are even rarer as they do not have “In God We Trust” inscribed, which was only added in 1866 after the end of the Civil War.

He is another treasure hunter who has spent his entire life looking for treasure of some kind, and he has finally discovered something of importance. He managed to find $300,000 worth of gold coins. 

This is due to investors finding gold coins attractive now more than ever. If you’re someone who has a gold coin and is looking to make a bit of extra money in a time of economic uncertainty, now might be a good time to look into selling it. 

You can also learn about economics and the people of the time the coins were made and put into circulation. You can even learn about how they saved coins and why they are of such significant importance.

“That’s an incredible find! The Great Kentucky Hoard sounds like a fascinating piece of history. Your tweet about the man’s discovery captures the excitement of uncovering a hidden treasure. It’s stories like these that make history truly come alive,” said one X user.

The post got over 65,00 likes and featured a short video examining the coins spread out over a black table.

“This kind of shows you just how much the value of the dollar went down. Not that I don’t understand the historical value, but $100,000 each?! Jesus…” wrote X user Molly Smash.

“Bullsh*t, those items belong to me. While strolling through that cornfield, I unfortunately had a hole in my pocket, causing them to slip out. I would appreciate it if you could return them to me,” said an X user.

“I can’t win $5 off a scratch ticket,” said one X user. “All my life I have “known” that there is buried civil war gold out there, waiting to be found,” said another X user.

“I found 3 of these when I was a weird kid digging randomly in my backyard in Virginia and my parents made good $ off of it I got a slice of pizza for my discovery those cheap *sses,” said an X user.