NorCal Couple Finds $10M In Gold Coins;

[Rozman]

Will be very interesting to see how this plays out.

 

[Pogo]

The people who found this money should have kept quiet. The govt will say they lost it 100 years ago. Indian tribes will say the same. All sorts of scum will say they lost it. I bet the idiots end up with nothing.

If you find something, shut up.

You found this thread, right?

 

[mamooth]

How could they be stupid enough to announce this find?

Coins of that rarity are graded, sealed in hard plastic cases and assigned serial numbers. And when a whole buttload of never-seen-before such coins suddenly comes on the market, people want to know where they came from, at a minimum to be assured that they're not getting counterfeits. Hence, providing the backstory increases the value of the coins.

 

[Zoom-boing]

If they are on the property you own they now belong to you. If whoever put them there didn't take them or come back for them shortly after they sold the house, unfortunately that is there loss. They'd likely have a hard time getting them back after they sold the property.

We were leaving the shore several years back, stopped to get gas and as we were sitting at the traffic light we saw a wallet on the street next to the curb. Hopped out and grabbed it. No money but lots of info, including the owners ss card. Derp! Anway, we looked them up in the phone book when we got home. It belonged to a 19 yr old kid who was going away to boot camp shortly. We mailed it back with everything included, with a note saying to keep the ss card out of your wallet! Never did get a thank you from him. Oh well. Glad to have returned it to its owner.

 

[CaféAuLait]

Will be very interesting to see how this plays out.

$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report.

$10M Calif. Gold Coin Hoard Found in Yard May Have Been Stolen From Mint - ABC News


Looks like they may not be able to keep it after all.

 

[HelenaHandbag]

Will be very interesting to see how this plays out.

$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report.

$10M Calif. Gold Coin Hoard Found in Yard May Have Been Stolen From Mint - ABC News


Looks like they may not be able to keep it after all.

ZOMGSTFUNOWAY!

Who would ever have been able to predict that government would find a way to claim it all, rather than just accepting the tax windfall?

 

[CaféAuLait]

Will be very interesting to see how this plays out.

$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report.

$10M Calif. Gold Coin Hoard Found in Yard May Have Been Stolen From Mint - ABC News


Looks like they may not be able to keep it after all.

ZOMGSTFUNOWAY!

Who would ever have been able to predict that government would find a way to claim it all, rather than just accepting the tax windfall?

You know what sucks about it? It was not the government who said anything, it was a historian named Jack Trout who went to the news with his find it was stolen from the mint.

 

[HelenaHandbag]

You know what sucks about it? It was not the government who said anything, it was a historian named Jack Trout who went to the news with his find it was stolen from the mint.

Mmmmhmmm. Sure.

The people who dug up those coins are pure fools for announcing it to the world.

They could have taken them into coin dealers one at a time and nobody would have been the wiser.

Ironic, though, that the biggest thief on the planet lays claim to the coins as stolen property.

 

[Wildman]

Who would ever have been able to predict that government would find a way to claim it all, rather than just accepting the tax windfall?

you are joking... RIGHT ??

the Gvmt. is full of greedy liberals who will find a way to take them all.



and ! even try to find a way to prosecute them.

 

[Desperado]

$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint

$10M Calif. Gold Coin Hoard Found in Yard May Have Been Stolen From Mint - ABC News

Looks like they may not be able to keep it after all.

ZOMGSTFUNOWAY!

Who would ever have been able to predict that government would find a way to claim it all, rather than just accepting the tax windfall?

You know what sucks about it? It was not the government who said anything, it was a historian named Jack Trout who went to the news with his find it was stolen from the mint.

More than likely Jack Trout is looking for a reward for finding stolen government property.
Just another person looking to cash in on the windfall.

 

[CrusaderFrank]

It seems far fetched that a couple walking their dog could find that much gold, until you realize that the dog was a.......Golden Retriever

^ Instant Classic!

 

[Katzndogz]

The government has no case for taking the coins because they cannot prove that those were the stolen coins. That was the news last night although I do not have a link to that ending so far.

 

[rightwinger]

Buried gold likely not from heist, says U.S. Mint rep


Richard Kelly, who wrote a book on the San Francisco Mint, sees a further issue with the dates of the uncovered coins—they're stamped 1847 to 1894, and he thinks ones taken from the mint would be dated nearer to 1901.

"We assume from the times and all the records that they were new coins [taken]. Back then, once coins were printed they flew out of the mint."

And a coin dealer tells the Los Angeles Times that each of the six bags of Double Eagles (that's a $20 coin) stolen would have held coins bearing the same date and mint mark.

 

[rightwinger]

Looks like the Feds will not be making a claim for the money......Now if they can only avoid the Nigerian Prince scam

 

[longknife]

Couple Who Found $10 Million in Gold Coins Will Likely Keep The Loot

Katy Steinmetz / San Francisco March 5, 2014

This image provided by the Saddle Ridge Hoard discoverers via Kagin's, Inc., shows one of the six decaying metal canisters filled with 1800s-era U.S. gold coins unearthed in California by two people who want to remain anonymous. Saddle Ridge Hoard discoverers via Kagin's, Inc. / AP Photo
A heist from 1901, from which coins were never recovered, appears unrelated.

Good news. Just wonder how much they're gona get tagged by the state and federal government in taxes.

 

[rightwinger]

Couple Who Found $10 Million in Gold Coins Will Likely Keep The Loot

Katy Steinmetz / San Francisco March 5, 2014

This image provided by the Saddle Ridge Hoard discoverers via Kagin's, Inc., shows one of the six decaying metal canisters filled with 1800s-era U.S. gold coins unearthed in California by two people who want to remain anonymous. Saddle Ridge Hoard discoverers via Kagin's, Inc. / AP Photo
A heist from 1901, from which coins were never recovered, appears unrelated.

Good news. Just wonder how much they're gona get tagged by the state and federal government in taxes.

Looks like 50%

 

[Harry Dresden]

Couple Who Found $10 Million in Gold Coins Will Likely Keep The Loot

Katy Steinmetz / San Francisco March 5, 2014

This image provided by the Saddle Ridge Hoard discoverers via Kagin's, Inc., shows one of the six decaying metal canisters filled with 1800s-era U.S. gold coins unearthed in California by two people who want to remain anonymous. Saddle Ridge Hoard discoverers via Kagin's, Inc. / AP Photo
A heist from 1901, from which coins were never recovered, appears unrelated.

Good news. Just wonder how much they're gona get tagged by the state and federal government in taxes.

Looks like 50%

a lawyer on the radio said he believes its 39% feds and 13% state...

 

[Desperado]

Couple Who Found $10 Million in Gold Coins Will Likely Keep The Loot

Katy Steinmetz / San Francisco March 5, 2014


Good news. Just wonder how much they're gona get tagged by the state and federal government in taxes.

Looks like 50%

a lawyer on the radio said he believes its 39% feds and 13% state...

I still wonder why they owe anything at all at this point, since they have not made any money until they sell the gold?

 

[Harry Dresden]

Looks like 50%

a lawyer on the radio said he believes its 39% feds and 13% state...

I still wonder why they owe anything at all at this point, since they have not made any money until they sell the gold?

i think all this tax talk is how much they would have to pay IF they sell them....so they were giving an example on the net worth of the coins and what they would be liable for if they sell all at once.....i think anyway....

 

[Jarlaxle]

They should not have said a WORD.