Sunday, October 16, 2022 1:32:46 PM
>>> A couple laying a new kitchen floor dug up a trove of 264 rare gold coins that just sold at auction for $845,000
The rare coins sold at auction in London for £754,000 ($842,330), including fees.
Business Insider
10-15-22
https://www.msn.com/en-us/news/world/a-couple-laying-a-new-kitchen-floor-dug-up-a-trove-of-264-rare-gold-coins-that-just-sold-at-auction-for-845-000/ar-AA12ZxyB?cvid=d4ecae22cf6a4851b9d1d4f26a36b7bd
The auctioneer described the trove as "120 years of English history hidden in a pot the same size as a soda can."
The hoard of 264 coins English gold coins from 1610-1727 was discovered when the unnamed couple dug up the kitchen floor of their house in 2019.
The coin collection is believed to have been once owned by the Fernley-Maisters, a family of traders from Hull, East Yorkshire, who made their fortunes in Baltic trading, BBC News reported.
The auction house Spink & Son told the BBC that the lots garnered international attention, with private collectors from America, Europe, Australia, China, and Japan flocking to the sale.
Auctioneer Gregory Edmund told Insider in a statement: "I have never seen a response to an auction like that before, and the results testify it, my provisional estimate was demolished three times over. It dwarfed any pre-conceived expectations and set dozens of world records along the way."
The highest-fetching coin, dating back to 1720, sold for £62,400 ($69,710), Spink & Son said. It was listed as the "Unbelievable Mint Error" gold coin because it was struck in the reign of King George I with no head but two tails.
The couple found the coins underneath concrete and 18th-century floorboards in their kitchen. The treasure trove was "120 years of English history hidden in a pot the same size as a soda can," Edmund said, per the BBC.
"The story was extraordinary, and that is what achieved the mind-blowing result. I do hope people think before ripping up their floors, though," he said in a statement.
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The rare coins sold at auction in London for £754,000 ($842,330), including fees.
Business Insider
10-15-22
https://www.msn.com/en-us/news/world/a-couple-laying-a-new-kitchen-floor-dug-up-a-trove-of-264-rare-gold-coins-that-just-sold-at-auction-for-845-000/ar-AA12ZxyB?cvid=d4ecae22cf6a4851b9d1d4f26a36b7bd
The auctioneer described the trove as "120 years of English history hidden in a pot the same size as a soda can."
The hoard of 264 coins English gold coins from 1610-1727 was discovered when the unnamed couple dug up the kitchen floor of their house in 2019.
The coin collection is believed to have been once owned by the Fernley-Maisters, a family of traders from Hull, East Yorkshire, who made their fortunes in Baltic trading, BBC News reported.
The auction house Spink & Son told the BBC that the lots garnered international attention, with private collectors from America, Europe, Australia, China, and Japan flocking to the sale.
Auctioneer Gregory Edmund told Insider in a statement: "I have never seen a response to an auction like that before, and the results testify it, my provisional estimate was demolished three times over. It dwarfed any pre-conceived expectations and set dozens of world records along the way."
The highest-fetching coin, dating back to 1720, sold for £62,400 ($69,710), Spink & Son said. It was listed as the "Unbelievable Mint Error" gold coin because it was struck in the reign of King George I with no head but two tails.
The couple found the coins underneath concrete and 18th-century floorboards in their kitchen. The treasure trove was "120 years of English history hidden in a pot the same size as a soda can," Edmund said, per the BBC.
"The story was extraordinary, and that is what achieved the mind-blowing result. I do hope people think before ripping up their floors, though," he said in a statement.
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