Kitchen renovation rewards couple with rare coins; sold at auction for USD845K

Kitchen renovation rewards couple with rare coins; sold at auction for USD845K

London - The story highlights a fortunate discovery made by an English couple during their kitchen renovation in 2019. As they removed the 18th-century floorboards and concrete below their East Yorkshire home, they found a small pot containing 264 gold coins that date back to the early 1600s. The coins are believed to have belonged to the Fernley-Maisters, a family involved in the Baltic maritime trade network out of the nearby port city of Hull.

The coins were just auctioned off one-by-one, and they fetched an impressive total of $842,330. The auction was held by the London-based auction house, Spink & Son, which estimated that the coins would be valued at around $113,070 in today's money. However, the actual sale price exceeded expectations as more public attention surrounded the listing, with interest from international buyers from Japan, Australia, and around Europe.

The "Unbelievable Mint Error" coin, which dated back to the 1720s, was the piece that sold for the most amount of money, nearly $70,000. This coin was struck during the reign of King George I, but instead of having a head and tails side, it had two tails, making it a rare and unique find.

The discovery of these coins was called "120 years of English history hidden in a pot the same size as a soda can" by auctioneer Gregory Edmund, and it set dozens of world records along the way. This fortunate find highlights how home renovations can sometimes lead to unexpected treasures.

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