Hidden gold coin collection found in Cornwall shed sells for £113,000
A widow discovered 62 gold coins inside a biscuit tin while clearing out her late husband's garden shed near Penzance.
A collection of 62 gold coins found in a garden shed near Penzance, Cornwall, has sold for £113,000 at auction, according to The Times of India.
The coins were discovered by a widow while she was clearing out buildings belonging to her late husband. She took the metal biscuit tin to Lay’s Auctioneers to determine its contents.
The collection included 41 South African Krugerrand gold coins and 21 British gold sovereigns. While the tin initially appeared to hold household items and silver coins, auction experts found the gold coins hidden underneath.
The late owner had purchased the coins in 1975 for between £70 and £80 each during a period of economic difficulty in the United Kingdom. He did not inform his family of the investment and stored the coins in the shed for approximately 50 years.
A representative from Lay's Auctioneers told The Independent that the discovery was remarkable. The spokesperson described the husband as a shrewd man, noting that the current price of gold is astronomical.
Every lot from the collection was sold to collectors and investors, and the proceeds have been handed to the widow.