Old Safe Given Away for Scrap Filled With Gold Coins

October 31, 2013 in Antique Coins, Coins, Gold, Gold Coins, News, Precious Metals, Silver, Silver Coins, South Africa Coins, Treasure, USA Coins

By Anna Pan Oct. 30th, 2013 (

A Houston scrap collector hauled an old safe from a family’s home, but when the vault was pried open he discovered it held a fortune in gold coins and silver dollars.

The man who opened the safe was David Molick, owner of Robbie’s Key & Lock shop who told ABC News that the scrap collector asked him to break into the safe before it was turned into scrap about a month ago.

“He showed me a picture of this safe, and I saw that it was a high security one,” Molick said. “It was real difficult to get into. It was pretty beat up. Looked like somebody had tried forcing their way into it since the front was beat up.”

Molick said he spent more than 20 hours trying to open the safe last week. Finally, after drilling 10 holes through six-inch walls of concrete, he discovered a bonanza.

“I thought, ‘Oh, this ain’t real,’” Molick said. “There were 50 Krugerrands in one pipe, and brand new, un-circulated silver dollars in ammo boxes. All of them were well over half full. The entire safe must’ve weighed at least 3,000 pounds.” Molick estimates the safe to contain $2.5 million.

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