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Demolition Crew Strikes Gold In France, Uncovers 600 Historic Gold Coins Worth Over $100K

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(Kitco News) - A demolition group called to knock down a house in western France discovered a treasure trove filled with dozens of gold coins dating back to the 1870s.

The gold coins were found in a lead container, which the workers first mistook for a WWII artillery shell, according to AFP.

But, after a closer examination, the uncovered 600 Belgian gold coins dated back to the 1870s. All of the coins had a stamp of King Leopold II, who took over the Belgian throne in 1865 and ruled for 44 years.

This is big news for a small town in Brittany, France that is home to less than 3,000 people.

The French laws dictate that the lucky demolition team will have to share the find 50-50 with the people who own the land where the house stood.

Right now, the gold coins, which could be worth just over $100,000 are with the French police, the regional Ouest-France newspaper reported.

Head of Bat'isol construction crew, Laurent Le Bihan, told AFP that the original owner of the house was a coin collector, so the discovery was not shocking to the current owner.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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