Posted on 03/04/2014 11:01:21 AM PST by GrandJediMasterYoda
$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.
The San Francisco Chronicle's website reported that a search of the Haithi Trust Digital Library provided by Northern California fishing guide Jack Trout, who is also a historian and collector of rare coins, turned up the news of the theft.
The California couple, who have not been identified, spotted the edge of an old can on a path they had hiked many times before several months ago. Poking at the can was the first step in uncovering a buried treasure of rare coins estimated to be worth $10 million.
(Excerpt) Read more at abcnews.go.com ...
Yes but we are living in a country where Marxists regularly lie to get what they want. Until they show proof for all we know it could have been some rich hermit who buried it and forgot it.
Even IF it was found NOT to be from the mint, they would still find a way to confiscate it.
They should have kept their mouths shut.
They should had never said a word to anyone and done their own research and sold them very privately to collectors.
Apparently, they found five cans of gold coins. If they were smarter, they would have “found” one can of gold coins and waited to see what their local kleptocrats did about it.
No one likes a tattletale, Jack.
There is not a small amount of irony on this thread, if it is true . . . FReepers advocating stealing from the government.
Damn straight! I lived in California for awhile..
The couple who found these coins should have done their research before going public —
or maybe they did.
Well, maybe they are honest and don’t want any stolen property?
Having said that, they should have figured out which two or three coins had the highest numismatic value and set them aside.
Then melted down the rest into 5 ounce gold bars and sold the bars one at a time in different places. The gold alone is around $2M I think, given there are over 1,400 coins.
Then take the two or three high value coins one at a time to different coin dealers.
If a robber stole than money you know they would have disbanded it all for cash over time, not bury it after risking their like to take it.
The government STEALS from us everyday,!!!!
Yeah.
Instead of confiscating half of it in taxes, they want to seize all of it, and still assess the taxes, and still impose jail time for not reporting it in the calendar year it was found and paying the taxes then.
Maybe they were buried to hide them from FDR?
Marxists believe that all property is theft.
Well, I guess stealing is ok, then. /s
They shouldn’t have gone public at all, especially in Commiefornia. What’s going to happen is the government will steal it, give them a pittance for a reward and then tax the hell out of the reward.
The people who found this were idiots.
They deserve to lose it all.
What is the problem with selling a couple of coins at different places around the country a couple of times a year.
“Oh, I got these from my great grandfather. He gave me four of them.”
Idiots.
You're making the unfounded assertion that this cache of coins are the same coins that were stolen from the US Mint in 1900. Logically, the US Mint in 1900 would have had no practicable reason to be in possession of coins any older than 1899. Therefore this is a private stash of coins and not a government stash.
The burden of proof then falls on the government to prove that a crime has been committed and that these exact coins are the exact same coins that were allegedly stolen in 1900.
So what identifying characteristics prove beyond any reasonable doubt that these are the exact coins in question? Hmmm?
Because from where I sit it sure smells like some thief with a (D) after their name came up with a way to steal under the color of authority.
State?
I would have bought myself a citizenship of the Cayman Islands.
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