The Great Kentucky Hoard - Part 1 (Lexington, KY) | Kentucky Life | KET
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- เผยแพร่เมื่อ 19 มิ.ย. 2024
- How did more than $3 million in Civil War era gold coins end up in a farm field, somewhere in Kentucky? Everyone from the Washington Post to USA Today to major TV news networks covered this story last summer when it first broke, but in this segment you’ll hear for the first time from the Lexington coin dealer who brokered the sale of the coins when he was first approached by the farmer who literally stumbled upon them. You’ll also hear from a UK professor about why she thinks the coins were buried in the first place, and from some modern-day treasure hunters here in Kentucky.
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Smart guy, great story. When you find something your right hand doesn't even tell your left hand, you tell no one. When you do decide to share your find you tell one reputable person and show them one of what you found while disclosing nothing more than a single coin as he did. So many people feel the need to call an "authority," "higher power," which invariably ends up poorly for the finder. The "authority" manufactures some sort of reason that your find is now somehow theirs, i.e. they get the gold mine and you get the shaft. Very nice story to hear, handled perfectly.
Spot on!
Never trust a person that says "I'm from the government, and I'm here to help", at least not when money is involved.
I'm curious though what makes you think that anyone person deserves that? What if that were something stolen from another family in the past?
@@thelonecabbage7834 No records of it being stolen or missing by anyone that was mentioned. No one knows anything about it. No one came forward and said, "hey that was my great great great grandads dough. Why, you think the gov. should take it and waste it? NOT! All the gov. does is spend money that it doesn't have on stuff the people don't want and keep running the debt into infinity. Ya, the gov. needs more to waste. So happy for the guy finding it as we all wish we could have been the one who stumbled upon coins in the ground that could have remained there forever.
@@thelonecabbage7834 I'm curious what makes you have the outright arrogance to think you have the right to determine what anyone "deserves"? Are you God, or do you just think you're God and should be in charge of everything outside of you that is NOT YOUR BUSINESS??
Here's a thought, What if it WASN'T stolen? What if someone earned it by shrewd investment, work or invention and put it there for safekeeping but died before having a chance to enjoy it? And here's a BIGGER question: Why is the first and ONLY thing your twisted mind thinks of is that it's stolen or was obtained by some evil deed? What does that say about YOU and the way you think and feel about people and the good fortune that happens to others without them asking for it?
When I see or hear a person talk about deserving, what I see is a mean, vindictive, hateful, jealous and envious LITTLE person trying to use the concept of "deserving" to justify their hate and envy.
Let's turn the table a bit and look at if from the bad side of life, what makes you think a completely innocent, or any good person that has never hurt anyone, "deserves" to be killed & murdered by an evil criminal?
And so what if he's a really good person that has never done anything but good for everyone all his life, what do the good and righteous people "deserve" if, in your opinion, NO ONE "deserves" good things to ever happen to them, only nothing or only BAD things??
Life is NOT always or strictly about "deserving", a lot of life is just chance, being in the right or wrong place at the right or wrong time REGARDLESS of who or whether we have earned, "served" or have been of service to anyone, or even no one at all, since "deserve" literally means "of service".
In Ecclesiastes 9:11 the bible says "I saw something else under the sun: The race is not to the swift, nor the battle to the strong; neither is the bread to the wise, nor the wealth to the intelligent, nor the favor to the skillful. For TIME AND CHANCE happen to all."
And since he does have it whether he "deserves" it or not, what makes you think he won't use it to help other people less fortunate than him since it's all gravy to him that just "fell" on him out of the blue anyway??
Personally I'm happy for him, I hope he uses some of it to avoid people like you for the rest of his happy life.
We had a boarder who lived in Charlottsville,VA. in the 1930's. He as a child was digging in a Bank about 100 feet from the house and found n old jar full of old coins dating back to the civil war.Many people also didn't trust banks after each financial crisis.This happens through the years.
Eww Charlottesville. It's was probably white
Probably a wise thing to do now too.
It is. Squirrels without nuts die in the winter.
Was the Bank an old destroyed building or had been burned down during the war?
I wonder why?
Decades ago, I worked a tobacco farm in Kentucky. After the harvest and turning of the fields I would walk them looking for arrowheads. I found some beauties, but I never found anything like that.
I’m half Wyandot and I’ve never found an arrowhead lol
@williamsporing1500 Wyandot is where I lived when I was born by park and the swimming pool in Louisville KY.... The most I found was a Scotty Pippin basketball card It's worth about a piece of silver though!
My area of KY is LOADED with Native American artifacts. I have a friend that has walked tobacco fields for decades. His finds have been amazing
I'm in Virginia, my great grandfather would plow a little garden every year. A arrow head would always be found. I even found a spear head in a cow path.
I've found arrow heads in old light gravel driveways just sitting there. Lol. Never found one? You ain't ever looked or been anywhere
Me: Turns house upside down trying to find a pen.
Farmer: Casually strolling in a cornfield and finds gold coins sticking out of the dirt.
😂
You should watch Time Team. In the UK, farmers find incredible ancient Roman and Iron age artifacts when plowing fields.
How did he go through the TSA screening at the airport without setting off the alarm carrying 800 gold coins ? Low key incognito . lol
BUY MOR PENS.
Hard to believe TSA didn’t take the opportunity to confiscate the coins at the airport.
IKR…
In about 10 years, that $3 million will get you just one shopping cart filled at your local Walmart...
That's no joke
@@tm-ln4hj and it not a statment based in a factual evidence either.
@@krusher74 Biden supporter?
lol.
Back in 1990 I got permission from a land owner to dig for antique bottles at an old 1870s farm house. We didn't find much but we did have a look through the old abandoned farm house. It had 9 rooms! I noticed a little slit in the wall boards that looked like it was polished. I shrugged it off and went on my way. As it happened about ten years later I ran across
a guy who worked for an excavating company and was asking him if he ever uncovers bottles. He said yes and then he talked about the money that poured out of the walls of an old farm house when they were tearing it down. It was that same farmhouse. The original owner put his coins into that little opening in his bedroom wall boards and filled all the way up. It was sickening hearing him list the coins that were in there knowing I could have had them all. Yes, there were gold coins!!!! Oh well.
If you were searching why would you not investigate all of it? That must have hurt.
Don't feel bad, I had opportunity to get tens of thousands of dollars from insurance, but decided not exactly the right way, even though old ppl hit me.
my house has a small slot in the medicine cabinet. A friend told me that's where guys could dispose of old razor blades and they''d disappear into the wall forever. He also said it's possible a kid might have dropped a few coins in there back in the day. So I'm looking at the possibility of a hidden treasure of a half dozen wheat pennies and tetanus!
But if you had found them, would you give them to the landowner that gave you permission to look for bottles?
People sometimes buried their stash near the chicken coop as the birds would make a racket if people poked around,, that is where I try to look first,,
that's a nest egg 😂
@@user-wi9hv2pb2q lol
Being a Kentuckian, I’m so proud for this farmer finding this “hoarde”!
what does that even mean? it just sounds like tribality for no reason.
God Bless You Jeff, Miss Your Numismatist Meetings In Kenntucy. Glad They Choose You For Their Consignment Of The Hoard.
3 million dollars - And Uncle Sam, the parasite will thank you for reporting your huge capital gain and giving them a huge piece of your windfall. The smart play would have been to sell them to coin shops in small increments over a few years and take cash only.
sucky Sam stole over half
Yes, because government, defense, social services, infrastructure, etc., doesn't cost anything, right? Capital gains tax rate on things like this is 28%, not half. Since you advocate lying and cheating to keep the money, I imagine you cheat on your taxes too. Major fail on your parents part to teach ethics and responsibility. Don't bother replying; not interested in what you have to say and I don't follow posts.
@@nahbruv3621 No they didn't. Tax rate on this is no more than 28%. Quit lying.
@@samhavoc1066TAXATION IS THEFT
@@omstout No, taxation is how the country pays its bills. We all know righties don't like to pay their bills.
Just imagine how much More is out there boys from Western Kentucky 🇺🇲❤️
Western KY myself!
I live in a historic area and I look at the old trees that are like 200 Yeats old and just imagine e what they seen
LETS GO!!
What a great story. I came across it just by chance on TH-cam. Well done.
I found a 1974 penny in a parking lot once.😅
That is incredible!
Now pennies are made of ZINC so any penny dropped will disappear/dissolve if left out in the weather.
I found a 1846 penny in a shell gas station parking lot once
I found a rare Chuck E Cheese token in the ashtray of a used car I bought.
How many coins I dropped since 1954… means no more to me now than it did then… except for my 1962 Kennedy Half Dollar which I lost in a beautiful monastery Stations of the Cross or VIA DOLOROSA ( the Way of the Passion of Christ Carrying His Cross) ! The loss of the coin meant as much to me as the loss of Kennedy… did not know him, did not care for he was exactly where the Lord planned his destiny… the monastery, on the other hand, has always pulled me from my inner core, back to the quest to discover ALL about the Passion and Death of Christ.
Depends on what we live is what gives value to our DISCOVERIES !
3:42 -> "Banks aren't reliable or safe." Yea, the Song Remains the Same, Murell.
Outstanding in his field
Allegedly, this isn't the only stash of Confederate era gold in KY. There's legends of lots of gold that has never been recovered including a hoard of gold bars out there somewhere.....
Yeah that gold bar hoard was found some time ago. Like around Dents Run Pa. Just look it up on here. You should be able to find that video
@@joshschannel4409 That's not the hoard I'm talking about. There's a gold bar hoard supposedly in KY.
We had a civil war stash in central Pennsylvania until two years ago, when FBI agents barged onto private land and dug it up and took it away. The agents got rich. Check out the news reporting on this.
@@PORSCHE_COUNTRY. The FBI is utterly corrupt. The agency has turned into the mafia it was created to fight.
Pretty sure recently, the FBI got their hands on those gold bars You can look it up
Aquachigger is a great TH-cam channel. He found a hoard of silver coins in a creek!
I saw that. That was a good day for Chigg
Seeing that it was a farmer that found the hoard. I would have to say “hard work paid off” for him in a fantastic way.
I know where these were found and I have a good explanation to where they came from.. a part of our history that needs recognition
Great episode. Some farmer got mega-rich in less than a hour. As someone with a coin collection I knew about this hoard, but it was interesting to hear Jeff talk about it. On to part 2.
3 mill mega rich ? Not that much these days
@@quidproquo3933 It's a lot more than most of us have!
There is a farmer near me in Missouri that pulls up several gold double eagles every year he plows his fields. He is in the little Dixi area and has only told one person that I know of and he has never to this day revealed who it is but I've seen some of them first hand.
A great story well told. Thanks for sharing!
Still a childhood dream of mine to find treasure. Same as all grown up kids I imagine. I thought about how cool it would be to find a couple of small gold coins from a shipwreck, but I don't like diving or sharks, and if it was easy, everyone would do it. I really enjoy the story of the California couple out on a walk that found jars of gold coins. I have thought it would be fun to take a metal detector along something like the Oregon trail and see what you could find. It's a pleasant daydream when I need a distraction...
Dig in the dirt,it's good for the soul. The pocketbook sometimes. Glad to see a farmer win once and awhile. 👍🇺🇸
What a great story !!
Just because its dated 1850's and 1860's doesn't necessarily mean it was buried at that time.... You'll have forgotten about the gold act of the 1900's when gold was basically illegal to own.
Maybe someone buried the gold to keep from getting in trouble in that 1900s.
Thank God he didn’t contact the FBI.
Very informative and interesting, thank you 👏🇨🇦
AMAZING STORY
LUCKY FARMER
GOD BLESS
🙏🙏💪💪👍👍
I can remember older folks in the 1980's burying money, Im sure there is more to be found.
Money as gold and silver or fiat cash paper dollars?
My grandma used to wrap stacks of cash in saran wrap and aluminum foil. Hide them throughout their home. She never left home.
Absolutely incredible congratulations 🎊 🙏🇺🇸👍
150 years in the ground, barely below the surface, no plough damage, not scattered by farming equipment... SUS.
SUPER SUS! Also, that he recorded it.
...also, here in Calif 8 years ago 1400 gold coins were found in a back yard in 9 cans... They were auctioned for 10.4 million... See Saddle Ridge hoard video
Awesome 😎 story !
The last thing I would do is say, "I found them". There are too many stories of people finding things only for them to be confiscated and left with nothing.
Great video,..🐎...awesome informative history lesson 🐎 Bluegrass state resident ❤
I need a find like this
I dug real deep in my backyard. I found a really nice condition antique bone that a dog buried many decades ago.
A little bit deeper and you would have found chopsticks!
This is why quite a few southerners have metal detectors. If nowhere else you can find some fun things on the beach. People lose coins and jewelry there (that they leave on towels while they swim that get kicked into the sand and lost). Also Fairgrounds. Especially ones with fun rides that spin fast or turn you upside down lol.
My family were potato farmers in Denmark. Lots of hands-on field work. After a rain the sandy soil would reveal treasures. My grandfather donated some early man tools to the Danish museum where they are on display. I just remember the neighbour riding his nimbus motorcycle through the fields (I still want one of those).
I've donated my man tool to numerous....Ahem...."museums"
Great story wish I could find some treasure
Finding old property lines, and determining where the corners were on the propter is usually the pay dirt....
Why is that? You got me super curious
@@hillbillyheadcam1729
Well it made it easier to locate,and not forget where placed....when growing up I remember it being referred to as the stake line,...when I would search around some of these old property lines, I would often come across these little caches of coins and even jewelery...now trying to find old wood corner stakes is nearly impossible, however, you look for a marker stone usually large, and somewhat out of place, kind of a loner looking thing...
On rock walls you look for again that odd stone in the corner or real close by...you will be surprised by how much you can locate, so far I have found many caches, but none that made me rich by any means...it is just interesting....
I come too think that when people traveled west after the civil war, they took what they had,.. or during WW1 valuables were stashed and many never came home ...and it was forgotten...I have found these in caches in upstate NY, Illinois, Kentucky, Virginia, Pennsylvania, OK, Arizona, California, in the Mojave desert. And one in the Texas panhandle....I have never found gold, coins, but trinkets..copper and silver coins, some ruined paper monies..
I feel good when I find a quarter in the couch cushions!
No way would i ever tell anyone
Same !
For a year in I left silver eagles hidden in plain sight. Silver was cheap $4.50 oz. I left about 18 from Spring to Fall
What?
Why
Bet Aquachigger wished it was his discovery, he's always looking for gold coins.
Before this story broke the person who found the gold coins had posted his video and it showed him with a metal detector. He was not a farmer and it was not his farm. At least that is what was told originally.
2:40 don't clean your coins because this will greatly lower their value.
There was ingrained dirt, he is not talking about chemical cleaning.
Gold doesn't tarnish, simply washing with water and letting it air dry on a clean, soft, towel won't affect it. What does ruin coins is when dumbo's start thumb swiping the dirt off the coins and scratching them up.
Hopefully the government didn’t steal him from him. What a great find. Blessings.
That seems to be how many of these types of stories end, unfortunately.
during WW2 the British crown jewels were supposed to go to the US..... but some rightfully thought that they shouldn't leave the British Isles, so they were packed then thrown into a lake. about a half dozen people knew the location.....
I couldn't dream
a nicer dream .
Conclusion to the story...3 million worth of gold....2.5 million of cleaning and appraisal service😅
And 1 million to the IRS,So he's in the hole 500,000$🤨🫤
@@crazyburkey3677And why would you or anyone tell the IRS?...
For starters if it came To that, possiblity, I would melt down most of it, and it would be turned into ingots, or jewelry.
Taxation without representation! Enough said!
@@MartenKrueger-sx4me I'd never be telling a soul, at least about finding it, I'd keep it and cash in the coins one at a time...
All too often somebody says they found something, and the next thing you know, a bank or the government, says it was part of a heist from 100 years ago, or that it's a historical artifact, and all you get is MAYBE, a thank you
Amateurs! You find a wealth private buyer by selling the crappiest coin in the collection. Have them sign an NDA, paid in cash for the lot...none the wiser.
Wow! That would have been made for one heck of a video for a metal detecting youtuber!
I remember, as a kid in New Jersey, that we had a family friend who was a firefighter. Once, he has called to a fire at a historic house that had been an inn well before the Revolutionary war. The fire was devastating and as they were hosing down the wreckage, silver began pouring out of an old beam that had been an exposed rafter. Turns out someone had hollowed out the beam and had inserted silver coins all along the inside of the beam... Whomever had done it had kept the secret and they were utterly forgotten until the fire. The heat of the fire had melted the silver, and when one of the firemen broke through the beam with his axe as they were putting the fire out, all the silver came running out. Who knows how much had been in that cavity, but it went the entire length of the beam...
I grew around a bunch of old farms that dated before tne revolution..me and my brother would walk.tje plowed fields and collect arrowheads..this was in.tne 1970s
i lost it there i want it back
Awesome find, Congratulations ! FJB 2
This is why you don’t tell people about the stuff you find.
A buried paymasters bank? Soldiers on a retreat? ...a battle or some action near by.
Hoards, shipwreck and Carson City coins continue to get hotter in the numismatic world. 🔥
Why O why can't I find something like this.
for most people this find would be life changing, to a farmer that's only a couple new tractors.
Surprised that the government didn’t find a way to take the coins.
They will
Probably watched this video and put their agents on a plane to Kentucky!
An amazing find, I hope the IRS didn't get < 50%, as they did to a California couple who found about 10 million in gold coins on their property. The government said the coins didn't belong to them?
$9k spent once a week goes a long way
If you were a treasure hunter, just finding ONE piece of gold worth only its own weight would be an amazing and remarkable find. Now imagine finding a gold coin with a numismatic value 10 times its melt value. And not just one, but 8 HUNDRED.
Banks are getting more scary as the days go by!
In all conflicts throughout history, people hid their valuables for safe keeping and raiders also hid their loot. Some never survived to re-claim it. From ancient Egypt and Persia to modern conflicts, vast hordes of treasure are still hidden in secret spots. That is what every child's dream is made of -- finding a real 'Treasure Island'.
You better believe there is many many caches out there to find. Now I’m not sure how many will be 800 coins :).
Right out of Eriksen Caldwell's Gods Little Acker.
Ive heard of Spanish gold in New Mexico burried long ago. Who knows were its at ?
It was hidden in la Victoria peak, the government found out about it and confiscated it.
The enemy raiders were the union soldiers.
I was wondering where I left that
There’s a few well known lost buried treasures in Kentucky from the civil war
1:34, surprised he's handling coins with bare hands, majority of coin experts use thin cotton gloves.
like Pawn Stars where the "expert" called in puts his grubby, greasyi paw prints all over the metal. yeh, right.
Gold doesn't tarnish, only silver does.
A years salary of 9 soldiers? This is more like 9 officers
All officers are soldiers. All soldiers are not officers.
If you don’t watch part 2 your missing out!
Couldn’t happen to a better person
GOLD is King!!
The best thing you can do if you ever find something like this is anybody who looks at these coins or works with these coins is to have them sign a nondisclosure agreement & make the thing iron clad , that way if you decide to sell the whole lot of coins Uncle Sam doesn’t come knocking on your door for taxes , 3 million dollars can help people out especially a treasure like this one & never go to a auction house just because your going to have to pay them after they sell , yes they get there cut for just selling them , you could rent them out to a museum , but with the same thing have them sign a nondisclosure agreement & asked to be paid in cash as you rent them out to them , or you could sell them to a private owner too , I think the best thing you could do is rent them out time after time to museums , you,d keep making money off of them over & over . Just remember that nondisclosure agreement & lawyer up always & get the whole lot of them insured in case they get stolen & have the museums do the same , that’s part of the nondisclosure agreement that way you get double the money for them if they get stolen.
what does an NDA have to do with not paying taxes? And what museum is going to pay cash to someone and not file their own tax paperwork? I mean, the guy who found them is a farmer, that's probably his full-time job. I'm sure he wants to give that up to start a new career looking for museums that are going to pay him cash under-the-table to display his coin collection. Not to mention the logistics required for moving, retrieving and storing a collection like that. The quickest and easiest thing to do is probably the auction house, take the money and run. They're going to find all the buyers for you, so maybe the auction house's cut is worth it to most people Second best thing would be for the farmer to find a single buyer for all the coins, but most likely the 800 coins are going to be sold off in many smaller lots. Then he's gotta decide things like -- does he sell all the $20 gold coins to the collector who only wants $20 gold coins versus offers from collectors who only want one of each denomination, or coins of a specific year? Finding the right buyer or buyers or museums is going to cost him time and his sanity.
good thing he wasn't in the UK, if someone finds 10 coins or more it's considered a hoard and has to be turned over to the government.
I'm guessing Brits now conveniently only find 9 coins at a time?🤨
John Sutter's American River sawmill foreman could have learned from this 176 years- too- late video.
Cleaning a rare coin is not always a good thing.
I want a farm 😁
Great story. I would keep the coins.
So sad some southern local was trying to ensure a future in an unstable time, and probably died or was killed.
Jeff Garrett handles coins with his bare hands? I'd find someone else.
Maybe a payroll that was military buried before a battle.
This I wondor is From Either Bonnie and Clyde,the James Gang or John Dillinger? I am thinking the James Gang per the Dates of the Coins.
I would never have gone to have the coins cleaned by someone. I would have researched it and would have done it myself.
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Was there a tombstone nearby with the name, Arch Stanton on it?
Tuco, there’s two kinds of people in this world………. Those with guns and those were shovels, so start diggin…
@@rl8258 “those with guns and those who dig”
Great movie reference...
The grave said Unknown.
@@D33Lux wasn’t it the grave next to arch Stanton though like that was one that was marked Unknown, but it was the one next to Arch Stanton
Any other coin that is cleaned gets that put on the slab by a grading company. But apparently those rules don’t apply to old gold found in dirt. SMH
cleaned even shouldn't affect value.
Unless some of those enemy raiders were local lol and they had to stash it
Doesn't look like a "freshly plowed" field!
Drug dealers and guys running shady debt collection agencies are known to bury cash in PVC tubes. They also hide stash behind electrical wall plates, deep within the wall, with fishing line attached.
A guy I knew found bag of white powder in the wall after buying the home knowing a coke dealer lived there prior. Some carpenters took down a huge library of bookshelves and they used 90% coins to shim the strips.
Why would you want to convert them into USD's (by selling them) ?!?
My uncle found a small pouch full of gold and silver coins attached to a small chain the pouch was buried in the ground next to a perimeter fence post on a very old piece of property the coins were from the 1800s and 1 or 2 of the coins were from the 1700s but my aunt stole them and put him in her back savings account nobody will probably ever see them again.
I only found a quarter and a dime and a silver trade dollar
In the UK we aren't allowed to keep much unless its junk.
How sad, why does your country hate its people?
@@cg5648 the authorities are so hung up on 2000 years of history and its determination that nobody should be able to get rich without the establishment getting a share.
Incredibly, people are so ingrained with the 'principle' of handing in unexpected finds, even from recent History, that they think its illegal not to.
Notably, someone found some late 20th century gold Krugerands, another some 200+ sovereigns in a piano left by a previously deceased occupant, when they moved in to the property, another recently lowered the floor level in an old cottage and found 400yr old gold and silver coins.
The museums are loaded with old gold and silver coin finds that don't even make public viewing.
It's a criminal offence not to report and surrender finds of more than a prescribed threshold, it used to be finds of intrinsic value, now it includes artifacts that can be made from anything at all.
The trouble is we are top heavy with jobsworth burocrats, who consider themselves as guardians of the past
There is a reason we left Yorkshire.
@@cg5648 Law is no different in your country.
@@Look_What_You_Did , that guy kept it all because he found it on his land.