When Giuseppe “Joe” Pennisi scrolled through some underwater trawling footage one night and saw that his net had passed by bright yellow rectangles, he figured they were gold bars, also called ingots, that were left at the bottom of the ocean from a shipwreck. In 2019, the San Francisco Chronicle profiled the story of a down-and-out fisherman who developed undersea video monitoring technology and used it to discover what he believed were 30 gold bars at the bottom of the Monterey Bay National Marine Sanctuary. Related read: 17 Epic Facts about the Transcontinental Railroad Sunken Treasure in the Monterey Bay National Marine Sanctuary Monterey Bay, California. Some stories have a mythical bent, making their authenticity appear unlikely.īut if the Saddle Ridge Hoard discovery is any indication, California is a place where anything can happen when it comes to hidden treasure. While experts say the so-called Saddle Ridge Hoard discovery was exceedingly rare, California is thought to contain other hidden treasures. The idea of there being actual hidden gold and other treasures in a state as modern and densely populated as California might seem far-fetched to some, but the story of the dog walk that led to riches proves it’s true. While the extraordinarily lucky dog walkers kept their identities and the location of the discovery a secret for obvious reasons, an article published by Reuters claims their land is set somewhere in California’s sprawling Gold Country, a famed region in the western slope of the Sierra Nevada Mountains that attracted prospectors from around the world over during the state’s 1849 Gold Rush. One especially rare gold coin was worth at $1 million alone. The couple discovered that the cans held more than 1,400 well-preserved gold coins dating back to the mid to late 19th century. In 2014, an anonymous couple reported stumbling upon decaying metal cans during a walk with their dog on their northern California property. What started with a leisurely dog walk ended with a stunning gold discovery worth over $10 million. From buried caches of gold to sunken treasure, California is a bona fide hot spot for hidden treasures and long-lost riches.
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