Gold coins found buried in California may appear at Atlanta collectors show

Coins were buried on property in California

Rare, mint condition gold coins found buried in California could make an appearance in Atlanta for a collector's show this weekend.

The coins were found, according to news reports, by a Northern California couple out walking their dog on their property stumbled across a modern-day bonanza: $10 million in rare, mint-condition gold coins buried in the shadow of an old tree.

The Associated Press reported nearly all of the 1,427 coins, dating from 1847 to 1894, are in uncirculated, mint condition, said David Hall, co-founder of Professional Coin Grading Service of Santa Ana, which recently authenticated them. Although the face value of the gold pieces only adds up to more than $28,000, some of them are so rare that coin experts say they could fetch nearly $1 million apiece.

Don Kagin, a veteran numismatist with Kagin Inc. who is representing the finders,  said most of the coins will be sold. But an official with the company said they will first loan some to the American Numismatic Association for its National Money Show, which opens Thursday in Atlanta, according to the AP.

The Money Show runs Thursday through Saturday at the Cobb Galleria Centre in northwest Atlanta. Event details are available on accessAtlanta.com and on the organization's web site.

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