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Buried gold likely not from heist, says US Mint rep

Buried gold likely not from heist, says US Mint rep
Posted March 5th, 2014 @ 11:53am by Kate Seamons, Newser Staff

(NEWSER) – Perhaps it was too intriguing to be true: A rep for the US Mint and an expert on the San Francisco Mint throw water on the latest theory surrounding the $10 million in gold coins uncovered in California—that they were the long-hidden spoils of a 1901 gold heist from the SF Mint. "We do not have any information linking the Saddle Ridge Hoard coins to any thefts at any United States Mint facility," Mint rep Adam Stump tells CNN, and that determination follows a good deal of research, he adds to the San Francisco Chronicle. "We've got a crack team of lawyers, and trust me, if this was US government property we’d be going after it." Richard Kelly, who wrote a book on the SF Mint, sees a further issue with the dates of the uncovered coins—they're stamped 1847 to 1894, and he thinks ones taken from the mint would be dated nearer to 1901. "We assume from the times and all the records that they were new coins [taken]. Back then, once coins were printed they flew out of the mint."

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Picture by: Kagin's / Splash News

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