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Could newly discovered gold coins be the haul stolen by SF Mint employee in 1901? [GOLD COINS]
DAILY MAIL UK ^
| 02/26/14
| STAFF
Posted on 02/26/2014 7:49:29 PM PST by BunnySlippers
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So, does the State of CA claim it, or the thief's heirs?
To: BunnySlippers
To: BunnySlippers
By the time its over they will probly get to keep the can.
3
posted on
02/26/2014 7:51:14 PM PST
by
Therapsid
To: BunnySlippers
Tax-wise, the mint already took the writedown, so it gave up possession of those coins.
4
posted on
02/26/2014 7:51:33 PM PST
by
Jonty30
(What Islam and secularism have in common is that they are both death cults)
To: BunnySlippers
You can bet the government will get it’s grubby hands on it one way or another.
5
posted on
02/26/2014 7:52:15 PM PST
by
headstamp 2
(What would Scooby do?)
To: BunnySlippers
6
posted on
02/26/2014 7:52:29 PM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: BunnySlippers
Story I heard says the cans were filled gradually with new coins over the course of a few decades, long before the mint theft.
To: BunnySlippers
To: headstamp 2
THE STORY SAYS THE FINDERS HAVE TO KEEP THEIR NAMES HIDDEN FROM THE THEIF’S HEIRS. THEY HAVE THE MOST COMPELLING CLAIM ... AND THE STATE.
9
posted on
02/26/2014 7:53:44 PM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: Jonty30
You’re kidding right? I fully expect a raid by the Treasury folk within the week .... can see the Treasury SWAT team kicking down their door in the middle of the night after shooting their 12 week old puppy.
10
posted on
02/26/2014 7:54:10 PM PST
by
RetiredTexasVet
(On a good day Slow Joe doesn't do anything incredibly stupid ... waiting for that first good day!)
To: headstamp 2
11
posted on
02/26/2014 7:54:11 PM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: BunnySlippers
They should have kept their mouth shut.
12
posted on
02/26/2014 7:55:11 PM PST
by
Husker24
To: BunnySlippers
There was a case a few years ago where a guy found some gold coins that had never been issued - the design itself had never been issued. They were a new design that were being made when FDR declared it illegal to own gold.
He had to give his 20 or so $10 gold coins back to the gov’t for face value. People claim it was because the coins should have been returned to the gov’t in the thirties - but I’m not sure - I think it was more that they were stolen.
BUT - wouldn’t the statute of limitations for the theft be over by then? Unless the gov’t could argue that the crime of “receiving stolen property” had just occurred.
13
posted on
02/26/2014 7:55:14 PM PST
by
21twelve
(http://www.freerepublic.com/focus/f-news/2185147/posts 2013 is 1933 REBORN)
To: BunnySlippers; ClearCase_guy
>>So, does the State of CA claim it, or the thief’s heirs? <<
>>Prove It<<
I am pretty sure the thieve’s heirs would be SOL.
California, OTOH, may unilaterally decide to use Eminent Domain (or something similar).
If I was this couple I would get the heck out of Cali TONIGHT to someplace like Texas that respects property rights. Even then I would plan on escaping to a country that won’t tax or seize the coins (Monte Carlo?) since California could reach them in Texas via subpoena.
With millions of dollars at stake, it isn’t worth the risk of hanging around while California puts dozens of lawyers on the job of finding a way to steal it.
14
posted on
02/26/2014 7:55:21 PM PST
by
freedumb2003
(Fight Tapinophobia in all its forms! Do not submit to arduus privilege.)
To: ClearCase_guy
The problem is that the thief stole double eagles. The coins found were half eagles, eagles and double eagles.
15
posted on
02/26/2014 7:55:25 PM PST
by
Harmless Teddy Bear
(Proud Infidel, Gun Nut, Religious Fanatic and Freedom Fiend)
To: miliantnutcase
16
posted on
02/26/2014 7:56:12 PM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: freedumb2003
17
posted on
02/26/2014 7:58:30 PM PST
by
BunnySlippers
(I LOVE BULL MARKETS . . .)
To: BunnySlippers
If the state doesn’t claim the gold, they will be paying through the nose in state and federal taxes. I would have been tempted to only sell a few coins at a time and keep the rest hidden.
To: BunnySlippers
Very soon I predict this couple will learn the first rule of "Finding Lost Gold Club" is to SHTFU about "Finding Lost Gold Club"...
There is no logical reason to shout about finding such things.
All you do us open yourself up to ambulance chasing lawyers and a proctology examination by the Gub'ment...
Go buy a nice floor safe and sell the coins slowly and report it on your taxes when you do and you will do fine.
19
posted on
02/26/2014 8:02:42 PM PST
by
Mad Dawgg
(If you're going to deny my 1st Amendment rights then I must proceed to the 2nd one...)
To: BunnySlippers
The finders would have been wise, perhaps, to first establish residence outside of California, and then slowly under the radar find a way to sell the coins.
Perhaps there is a consideration of the provenance of the coins with respect to their authenticity and value.
I'd be interested to learn how the greedy government interests attack this opportunity to steal wealth.
20
posted on
02/26/2014 8:06:37 PM PST
by
Amagi
(Lenin: "Socialized Medicine is the Keystone to the Arch of the Socialist State.")
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