$39,000 Gold Coin Found Hidden Inside Old Music Box In Attic

$39,000 Gold Coin Found Hidden Inside Old Music Box In Attic

A seemingly ordinary attic turned into a treasure trove when a family in Ohio uncovered a rare gold coin worth $39,000 tucked away inside an antique music box.

The remarkable discovery has excited collectors and historians alike, shining a light on the hidden potential of heirlooms and forgotten relics.

The Shocking Discovery

The hidden coin was found when a homeowner was cleaning out her late grandfather’s attic in Cleveland, Ohio.

Among dusty boxes and outdated furniture, she found an ornately carved wooden music box, believed to be from the early 1900s. Upon opening the delicate compartment, a gold coin wrapped in cloth was revealed beneath the lining of the box.

Upon inspection by a local numismatist, it was confirmed that the item was a 1910 $10 Indian Head Gold Eagle Coin, in near-mint condition—an incredibly rare and collectible coin that has fetched high values at recent auctions.

Coin Details and Valuation

According to professional evaluation, the coin was authenticated and graded as MS-64 (Mint State), which significantly increased its value.

The market demand for pre-1933 U.S. gold coins has risen steadily, especially those with historical or minting anomalies.

Gold Coin Information

FeatureDetails
Coin Type$10 Indian Head Gold Eagle
Year1910
Metal Composition90% Gold, 10% Copper
Weight16.718 grams
Diameter27 mm
Mint MarkSan Francisco (S)
GradingMS-64 (NGC Certified)
Estimated Market Value$39,000
Discovery LocationInside antique music box, Ohio attic

Why This Coin Is So Valuable

The Indian Head Eagle, designed by Augustus Saint-Gaudens, is one of the most admired U.S. gold coin designs. Minted from 1907 to 1933, many of these coins were melted down after the Gold Reserve Act of 1934, making high-grade surviving examples extremely rare.

A coin like this, especially in excellent condition and with an unusual backstory of discovery, adds to its appeal. Collectors value historical context, rarity, and condition—all boxes this coin checks.

How It Was Preserved

Experts believe the coin’s pristine condition was due to the cool, dry attic storage and the protective cloth wrapping.

The music box, a sentimental keepsake from the homeowner’s grandmother, had remained untouched for decades, providing a perfect hiding spot for the valuable artifact.

This unexpected attic find is a perfect reminder of the hidden value ordinary items can hold. The $39,000 gold coin discovery is more than a numismatic marvel—it’s a piece of history preserved through generations.

As more families explore heirlooms and vintage items, who knows what other treasures may surface?

FAQs

What makes the 1910 Indian Head Gold Eagle so rare?

Its rarity comes from limited minting, high gold content, and surviving specimens being melted after the 1930s Gold Recall.

How can I tell if a gold coin is valuable?

Factors include the year, mint mark, gold purity, condition (grading), and demand among collectors.

Where can I get old coins appraised?

Visit certified coin dealers, numismatic organizations, or submit coins to grading services like NGC or PCGS.

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