French Homeowner Unearths $800,000 Gold Treasure While Digging Pool
A man in eastern France discovered a gold treasure valued at $800,000 while excavating his garden for a swimming pool earlier this year, local officials confirmed today.
The discovery, made in May in Neuville-sur-Saône, consisted of five gold bars and numerous coins found buried in plastic bags. Authorities allowed the homeowner to keep the gold after determining it wasn’t from an archeological site and had been legally acquired. Police traced the gold back to a nearby refinery where it was melted down approximately 15 to 20 years ago, confirming it wasn’t stolen due to unique identifying numbers on the bars.
France’s 19th-century civil code defines treasure as “any hidden or buried thing over which no one can prove their ownership, and which is discovered purely by chance,” granting ownership to the finder on their own property. This legal framework, established centuries ago, highlights the unique property rights afforded to those who uncover hidden wealth. The previous owner of the property is deceased, leaving the origin of the gold a mystery. The current price of gold is approximately $4,017.33 per ounce, according to American Hartford Gold, demonstrating the significant value of the find.
This discovery is the latest in a series of recent finds of valuable treasure on private property; in 2024, a California couple unearthed $10 million in rare coins, and similar finds were reported in Germany and the United Kingdom in recent years. Treasure trove laws vary significantly by country, impacting who can claim ownership of such discoveries.
Authorities continue to investigate the circumstances surrounding how the gold ended up buried on the property, but have stated they have no further leads at this time.