Posted on 09/18/2012 6:49:38 AM PDT by Red Badger
A 69-year-old recluse died with just $200 in the bank - but officials could hardly believe their eyes when they went to his home.
Walter Samaszko Jr left only $200 (£123) in his bank account - but a search of his house in Carson City, Nevada revealed a wealth of treasures including gold bars and coins valued at $7m (£4.3m).
[snip]
Mr Samaszko, 69, was described by officials as a loner who went about his business and kept himself to himself. He had been dead for at least a month when he was found by worried neighbours, who alerted officials.
[snip]
"He was a hoarder. There was everything inside that home you could think of," he said. "The workers found a crawl space from the garage. That led to everything else.
"He was apparently buying gold from a local coin dealer. We found it in sealed boxes marked 'books'.
"We also found gold wrapped in tin foil stored in ammunition boxes. There was just more and more. We found a family silver set with rolls of $20s and Mexican five-peso coins."
The gold coins had been minted as early as the 1840s in countries that also included England, Austria and South Africa.
Based on its weight, Mr Glover said the haul was worth around $7m, but the figure could be higher as some of the coins appeared to be collector's items.
Mr Samaszko's entire fortune will go to his nearest relative, a first cousin who lives in San Rafael, California. She was tracked down by investigators using a list of people who had attended his mother's funeral 20 years before.
"This will be good for her," said Mr Glover. "She's a substitute school teacher who lives in an apartment."
(Excerpt) Read more at news.sky.com ...
No telling what vanished after investigators and gov officials visited the home.
Got to tax the rich so they can pay their share so the lazy can get a free ride.
Were I that cousin, I would insist on getting the gold coins instead of Bernanke’s funny money.
I wonder what the rush was, the neighbors didn’t find him for a month.
Daddy!!!
He should have been doing ads for GOLDLINE.
I’d imagine that once the news got out, the authorities wanted to make sure thieves didn’t break in and steal any stuff before they got their share..............
Investigators and gov officials.........
Magdanz, a substitute teacher, could not be reached for comment. But a lawyer who talked to her said her first reaction was, “Oh, my God. Oh, my God.”
Samasko hadn’t worked since 1968, but he had stock accounts of $140,000 and $25,000 and was living off his investments.
The Truly Wealthy have trusts set up so that they are not subject to inheritance taxes. All this talk about taxing the wealthy from the ‘Progressives’ is mere BS.
The Left knows where the revenue is, can you say VAT ?
Samaszko and his mother had lived in the three-bedroom home since the 1970s, which is around the time they started collecting gold. Glover told the Appeal that the two kept detailed records of the gold they had purchased.
As for who can lay claim to the riches -- Glover said the Internal Revenue Service will take a sizable amount in taxes -- about $750,000 -- and that the rest will likely go to a first cousin, a substitute teacher
In California..........
That is a happy cousin.
Get to the back of the line.
Hubby!!!
The investigators get 20-30%, right? Is that from the pre-tax total?
Go to those funerals for the folks you barely know. It could pay off some day!
Gold rush: His cousin, Arlene Magdanz, will likely inherit the entire coin collection, though she hasn't had contact with him in more than a year
Read more: http://www.dailymail.co.uk/news/article-2204785/Reclusive-man-Walter-Samasko-died-7million-coins-Nevada-home.html#ixzz26rWosCj3
“inherit the entire coin collection”
uh huh... after $3.5 million in taxes
Yeah, right. They’ll get the lion’s share.
She appears to be a nice enough lady.
How lucky can you get?
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