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

Abc ^ | 3/4/14 | By DINA ABOU SALEM and BILL MCGUIRE

[Busko]

Not with the new era of big brother. They take what they want.

[Dr. Bogus Pachysandra]

“Maybe they were buried to hide them from FDR?”

Well,,bury them again. Somewhere else!

[Baynative]

"I would appreciate you or anybody on this forum explaining why two rational people who had the foresight to line up a broker to sell the coins would announce their find before selling them — even announcing the exact number of coins they found that matched the exact number of coins that were stolen."

When I first heard of the story, the first thing I said was that I would have taken the one worst (or smallest) coin to a broker or collector to see what I could get for it.

If any questions were asked it's always plausible to say; "It's been around my hose for a long time and I'm not sure where it came from."

That experience would probably be all the education needed to decide what to do with the rest.

[Jim from C-Town]

Get off your high horse. Anyone that would claim that the government owned anything they didn’t first confiscate(steal) from the public is lying to himself.

[woodbutcher1963]

I have always wanted to visit Nevis. If it was good enough for Alexander Hamilton, it is good enough for me. $250K is jump change if you have $10 million.

Obviously, I was joking about Cayman. However, I would research what countries do not share information with our IRS/Federal Govt. and move to one of those. I think you could move to any number of countries if you made the right campaign contribution. Ecuador also comes to mind.

[Rio]

[Vaquero]

You buy some land in Idaho move there and sell your horde as you need it.

[informavoracious]

That’s what I expected to see — heirs of previous owners of the property coming forward to claim the gold as theirs.

[GeronL]

bump

[Busko]

Not with the new era of big brother. They take what they want.

[DoodleDawg]

I KNEW the government would get it from them. I knew it! I knew it!

If you read the article the person who is claiming this is not a government employee. The official response from the Mint itself is, "We do not have any information linking the Saddle Ridge Hoard coins to any thefts at any United States Mint facility."

Could be that the person spreading this is just trying to knock the prices down.

[1rudeboy]

IF these coins were stolen from the Mint, then it's about as clear-cut a case of theft from the government as can be imagined. Don't need a horse, a pony will do.

[Rio]

HERE is a very well-researched article about the situation, including the man who was convicted of the USMint robbery, and "treasure trove" laws.

[DesertRhino]

Coins don’t have serial numbers. Someone finds a bag of coins, and now someone is SURE they had to be those ones that were stolen.

Our government is a pure kleptocracy.

[DesertRhino]

They could have simply sold a nice size stash of them at a rare coin dealer or auction, and paid the taxes as appropriate. There isn’t the slightest legal responsibility to explain where you came by them.

When you sell a TV set, an a set of skis, or a silver dollar, you don’t have to prove where you came by it. You just sell it and that’s that.
Refuse to answer a word and never reveal the size of the stash. Information in a totalitarian nation is always used against you.

[Vaquero]

You don’t advertise. You keep your mouth shut.

[Theoria]

92lb 9.1430oz of gold. Dam.

[Stoat]

I would appreciate you or anybody on this forum explaining why two rational people who had the foresight to line up a broker to sell the coins would announce their find before selling them — even announcing the exact number of coins they found that matched the exact number of coins that were stolen.

 

Naive liberals with a wide-eyed, childish trust in the concept of a completely benevolent and just Government which will always do what is right and in the best interests of the citizens.

In other words, perhaps "rational" in the clinical medical sense but probably not too smart.

[GrandJediMasterYoda]

Exactly what they should have done, and they could have taken their time. When they need money just melt some down. They’ll be kicking themselves in the ass for the rest of their lives.

[DesertRhino]

“If they were smarter, they would have “found” one can of gold coins and waited to see what their local kleptocrats did about it.”

LOL that’s great. Best idea yet! Look up “sociopath” in your dictionary.