Legend Of The Southern Gold
An urban legend tells tales of the Southerners hiding their valuables before or during the civil war to prevent them from being taken by the invading armies to fund the war.
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According to Ryan McNutt, a conflict archeologist at Georgian Southern University, the treasure must have been buried before the Confederate raid in 1863.
The Worth Of This New Discovery
The unidentified man discovered a treasure trove holding about 700 gold coins. This finding, now called the Great Kentucky Hoard, includes genuine $1, $10, and $20 gold coins, all minted.
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The estimated value of this discovery stands at one million dollars or more. This is every treasure hunter’s dream, and now the long-standing rumor turns out to be true.
The Story Behind The Southerner's Gold
During the civil war, Kentucky was declared a neutral state. Regardless, citizens were wary of their valuables being carted away and resorted to burying them.
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Since the 19th century, the rumor of the Southerner’s gold had led many treasure hunters to go digging, and some have been unearthed in Alabama, Tennessee, and Georgia.
The Value Of Each Gold Coin
Incredibly, after being buried for over a hundred years, the discovered gold still maintained its minted appearance. The $1 coin is expected to be valued at $1000, and depending on when they were minted, their individual prices are expected to soar above $350,000 in auction.
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Further details on the exact location and identity of the person who discovered the treasure were not stated.