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Gold bars and coins found stashed in old French village house

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The Guardian/Angelique Chrisafis/4-16-2021

“The surprise discovery of three jam jars filled with gold bars and hundreds of gold coins in an old building marked for renovation has left a mountain community in eastern France perplexed and celebrating.”

USAGOLD note: The article goes to value the find at about $720,000 (€600,000) consisting mostly of small-denomination European gold coins put away by “several generations who didn’t throw anything away, kept everything and lived really frugally.” The coins were found in jars on a dusty shelf and in an old safe behind a wardrobe. France has a history of currency debasement going back centuries – a history to this day that many among the French citizenry have never forgotten. Obviously, the family had an understanding of the role of gold during periods of extreme inflation.


Image: French Napoleon 40 franc gold coins (unrelated to this discovery)

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