Author Topic: Gold coins found !!  (Read 4197 times)

mart

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Gold coins found !!
« on: March 05, 2014, 01:00:00 pm »
Looks like the couple that found the coins will likely get to keep them !!  The coins found were all dated 1846 to 1894 and included $5. and $10. coins !! Those that were stolen were all dated within 1 year and was after 1900 !! They were all $20. coins !!  From Fox News !!

KC

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Re: Gold coins found !!
« Reply #1 on: March 05, 2014, 01:22:35 pm »
Yep, they get to keep them...but the IRS tax law still applies about found treasures!  IF THEY FIND OUT WHO THE COUPLE IS!!  :/

To me, if they bought the property, fully own it, they they own what is on their property (minus crimes that were commited, etc from said items over time).  That, or they play taxes on face value of the coins!  :)
I'm from the South - but please don't mistake my Southern Manners/Accent/Charm as a weakness!

frogpatch

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Re: Gold coins found !!
« Reply #2 on: March 05, 2014, 01:31:38 pm »
Someone will eventually claim their Great Grandfather owned the property and tie them up in court unless they can remain anonymous. People do that to lottery winners to get a "go away" settlement to avoid huge legal fees.

KC

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Re: Gold coins found !!
« Reply #3 on: March 05, 2014, 01:38:41 pm »
Yep, you know someone would try that! 

But as long as their deed says free and clear of any claims, etc. 

But if you look at what they intend to do with the monies....pretty honorable!
I'm from the South - but please don't mistake my Southern Manners/Accent/Charm as a weakness!

icedgold10

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Re: Gold coins found !!
« Reply #4 on: March 05, 2014, 08:00:07 pm »
They should be able to keep them!!!!!!  Why does someone always try to rain on someone else's parade????

mart

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Re: Gold coins found !!
« Reply #5 on: March 05, 2014, 08:16:26 pm »
Because there are a lot of crooks in the world !!  I think I would have stashed those coins and just unloaded one or two at a time !! That would not have raised an eyebrow !!

icedgold10

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Re: Gold coins found !!
« Reply #6 on: March 05, 2014, 08:22:37 pm »
Exactly!  Slowly get rid of them. 

cogar

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Re: Gold coins found !!
« Reply #7 on: March 06, 2014, 03:20:26 am »
The SF mint now says the coins are not their's.

KC

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Re: Gold coins found !!
« Reply #8 on: March 06, 2014, 11:54:15 am »
I'm from the South - but please don't mistake my Southern Manners/Accent/Charm as a weakness!

Rauville

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Re: Gold coins found !!
« Reply #9 on: March 06, 2014, 02:05:16 pm »
The SF mint now says the coins are not their's.

Probably because the government isn't in the rare coin business it is to their benefit not claim them and instead allow the IRS to encircle the find with various tax requirements. :P

frogpatch

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Re: Gold coins found !!
« Reply #10 on: March 06, 2014, 02:51:44 pm »
Did anyone date the containers they were hidden in?

mart

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Re: Gold coins found !!
« Reply #11 on: March 06, 2014, 03:57:00 pm »
No, but the coins are 1846 to 1894 !!  They were pretty rusted !!

greenacres

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Re: Gold coins found !!
« Reply #12 on: March 06, 2014, 08:56:13 pm »
What was there during that time period? Or relatively close. It may tell you more about how they got there.
" Energy and Persistence conquer all things."

KC

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Re: Gold coins found !!
« Reply #13 on: March 06, 2014, 11:50:33 pm »
One can was found sticking out from by the roots/trunk of a tree. The rest they dug and found. Not uncommon in the old days to bury money out on property if they didn't want to put it under the mattress.
I'm from the South - but please don't mistake my Southern Manners/Accent/Charm as a weakness!

cogar

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Re: Gold coins found !!
« Reply #14 on: March 07, 2014, 05:27:36 am »
No, but the coins are 1846 to 1894 !!  They (the cans) were pretty rusted !!

Which is a 100+ year old "historical record" that disproves the "junk science" claims of CAGW ..... that the current drougth in California is a direct result of "human caused global warming climate change".

Only being "pretty rusty"  is a sign of "lack of percipitation (rainfall)".