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$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint
YAHOO NEWS ^ | 04 TUESDAY 2014 | YAHOO NEWS

Posted on 03/04/2014 4:39:40 PM PST by Extremely Extreme Extremist

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 gma.yahoo.com ...


TOPICS: Business/Economy; Conspiracy
KEYWORDS: afterthegoldrush; california; coin; coins; gold; goldbugs; numismatics; theft; treasure; usmint
Why, in this day and age of out of control government, would you want to report something like this? Just STFU for a few months, go see a reputable coin collector through a third-party, and cash in.
1 posted on 03/04/2014 4:39:40 PM PST by Extremely Extreme Extremist
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To: Extremely Extreme Extremist

Well, they got on TV didn’t they?

Say buy-bye to your new-found wealth.

Finders isn’t always keepers.


2 posted on 03/04/2014 4:41:24 PM PST by Steely Tom (How do you feel about robbing Peter's robot?)
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To: Extremely Extreme Extremist

The government wasn’t satisfied with the 50% tax burden. They want it all!


3 posted on 03/04/2014 4:43:19 PM PST by bolobaby
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To: Extremely Extreme Extremist

>>Why, in this day and age of out of control government, would you want to report something like this? Just STFU for a few months, go see a reputable coin collector through a third-party, and cash in.

I knew this would happen as soon as I saw the story. The gummint decides who wins and loses, and they didn’t give to the OFA first.

You’re right. Sell one coin at a time....in a foreign country if possible.


4 posted on 03/04/2014 4:44:00 PM PST by Bryanw92 (Sic semper tyrannis)
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To: Extremely Extreme Extremist
You are right. There is something here that doesn't add up. I suspect the story about "discovering" these coins in an old can in the woods is BS.

IDK what exactly the truth is, but the cover story ain't it. Time will tell.

5 posted on 03/04/2014 4:44:20 PM PST by hinckley buzzard
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To: Extremely Extreme Extremist

They should be many thousands of miles away by now, on a nice warm beach somewhere


6 posted on 03/04/2014 4:44:56 PM PST by bigbob (The best way to get a bad law repealed is to enforce it strictly. Abraham Lincoln)
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To: Extremely Extreme Extremist

And it may have been buried in the 1930’s as a big FU to FDR...


7 posted on 03/04/2014 4:46:11 PM PST by GraceG
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To: Extremely Extreme Extremist

No kidding, who didn’t see this coming.

Hell, they ripped off Mel Fisher after he found the Atocha, off of the Florida coast, as if our govmnt has any rightful claim of a 1622 Spanish ship wreck, at any level at all is total folly.

I saw this coming a mile away… probably good Cali liberals who trust their precious big government first.


8 posted on 03/04/2014 4:47:15 PM PST by DanielRedfoot (Creepy Ass Cracker)
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To: Extremely Extreme Extremist

Stolen in 1900? What the heck is the statute of limitations on stolen gold? I doubt it is more than 100 years.


9 posted on 03/04/2014 4:48:54 PM PST by Dr. Sivana ("I'm a Contra" -- President Ronald Reagan)
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To: hinckley buzzard

They should have only reported the find as $10,000 and hit the boogie down right after that.

Never tell the authorities that you found that much. People should have learned by now to always under report.


10 posted on 03/04/2014 4:49:17 PM PST by shotgun
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To: Extremely Extreme Extremist

Even if the gold was stolen or not stolen I’m sure the state or the feds will make up some nutty story to get the coins and bury the finders in legal redtape and attorney fees.


11 posted on 03/04/2014 4:51:27 PM PST by plainshame
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To: DanielRedfoot

They should have melted the coins down in the garage with a propane torch and sold it as scrap gold over a period of months.


12 posted on 03/04/2014 4:53:45 PM PST by Fai Mao (Genius at Large)
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To: Fai Mao
They should have melted the coins down in the garage with a propane torch and sold it as scrap gold over a period of months.

BUMP!

And do it on a cross country trip. Spread it around.

13 posted on 03/04/2014 5:00:24 PM PST by upchuck (South Carolina Representative Trey Gowdy for Speaker of the House!!!)
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To: Extremely Extreme Extremist

I once had an experience where I found myself instantly more wealthy. I regretted telling anyone about it. These folk should have never said a word.


14 posted on 03/04/2014 5:09:34 PM PST by castlegreyskull
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To: Extremely Extreme Extremist

Not too bright to disclose this were they?


15 posted on 03/04/2014 5:20:38 PM PST by vpintheak (I will not comply!)
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To: GraceG

Good point!!


16 posted on 03/04/2014 5:28:22 PM PST by Sacajaweau
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To: Dr. Sivana
What the heck is the statute of limitations on stolen gold?

Probably about 7 years, but that just means the original thief can't be prosecuted. That doesn't mean ownership transferred to the thief or anyone taking possession subsequent to the thief. If there was a thief. I don't know one way or the other what happened here and how those coins came to be located, but I do agree that these people should have been more careful before going public with their find.

17 posted on 03/04/2014 5:33:26 PM PST by Defiant (Let the Tea Party win, and we will declare peace on the American people and go home.)
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To: Extremely Extreme Extremist

This is bullshit. It’s not the coins lost from the mint. Any media speculation as to it being so is just to gin up envy and lawyer greed...


18 posted on 03/04/2014 5:35:31 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Extremely Extreme Extremist

I PRAY they are SUPER LIBS!!!


19 posted on 03/04/2014 5:36:55 PM PST by Ann Archy (Abortion......the Human Sacrifice to the god of Convenience.)
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To: hinckley buzzard

So they took million dollar coins and put them in cans of dirt? Yea, right...


20 posted on 03/04/2014 5:37:31 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Fai Mao

That’s just about the stupidest comment with respect to this story I’ve heard... congrats.


21 posted on 03/04/2014 5:38:37 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: castlegreyskull

Just curious, any anecdotes about what kind of things you had happen as a result if talking you would be willing to share?


22 posted on 03/04/2014 5:38:48 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
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To: Axenolith

It isn’t THAT stupid. Flushing 12 million in numismatic value (coming with extremely high risk of confiscation), in exchange for a far safer 2 million in scrap value is very rational for some people’s situations.

Risk,,,, Benefit. Its a balancing act


23 posted on 03/04/2014 5:42:51 PM PST by DesertRhino (I was standing with a rifle, waiting for soviet paratroopers, but communists just ran for office.)
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To: Extremely Extreme Extremist

The statute of limitations expires in 7 years, after which you get to keep the gold, even if you robbed bars of gold bullion out of the U.S. Government repository at Fort Knox, so long as you can prove you remained in the jurisdiction for the full 7 years.


24 posted on 03/04/2014 5:42:54 PM PST by WhiskeyX ( provides a system for registering complaints about unfair broadcasters and the ability to request a)
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To: Extremely Extreme Extremist

Stupid is as stupid does. Anyone could see this coming mile away, and they deserve everything that they won’t get. They should have said nothing to anyone, set up a dozen different companies in different states, and gradually sold off the coins over 10 or 15 years.

I sincerely hope that these idiots are big government liberals, since it would be the height of irony for them to have been screwed by the very government that they worship.


25 posted on 03/04/2014 5:49:22 PM PST by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt)
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To: GraceG

Family story is that my great grandfather did just that. Wonder how far away from where they lived these were found.


26 posted on 03/04/2014 5:50:39 PM PST by momto6
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To: DesertRhino

You could have EASILY gotten these to market for the numismatic value. All they had to do was say they were handed down through the family, etc... It’s not to difficult to come up with a plausible story that doesn’t involve putting blood in the water for pestilential bureaucrats or lawyers.

And it is the lawyers who will burn this trove. I already predicted on another thread that there are lawyers right now trying to noodle out that location and as soon as they get it, they will title search that place and contact the surviving relatives of EVERY single person who ever held title to that land and be approaching them with “Do you think there is ANY possibility that you’re [insert relative here] ever stashed things on his former property that he actually meant to be passed down?”

From what other treasure hunters I’ve talked to have told me, you can win every one of those hits, but you end up spending most or all of the treasure defending against them...

As for melting them, I LOVE old real money. That money is the absolute symbol of formerly free America and the sweat of the founders children and grandchildren forging a nation. Melting them is one more tiny step to eliminating the individualist symbolism that represents true American spirit.


27 posted on 03/04/2014 6:02:01 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: WhiskeyX

Tell that to the people that were stupid enough to send their 10 1933 St Gaudens to the treasury for “verification”...


28 posted on 03/04/2014 6:03:06 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: GraceG

Grandpap always refered to that time as “Back when Roosevelt stole everybodies gold”.

Roosevelt ranks way up there in my top American douchebags list.


29 posted on 03/04/2014 6:05:07 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Axenolith

Unlike other metals, gold does not deteriorate. This is why gold dug out of Egyptian tombs looks as new as the day it was minted or cast into an object.


30 posted on 03/04/2014 6:05:12 PM PST by Ancesthntr ("The right to buy weapons is the right to be free." A. E. van Vogt)
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To: WhiskeyX

https://www.fas.org/sgp/crs/misc/RL31253.pdf

The above link goes to a pdf document describing the federal statute of limitations and listing the various time limitations. I think the longest time is 20 years for a major art theft. All the others are less except for terrorism, various types of murder, and sex trafficking in children, nuclear weapons, biological weapons; these sorts of crimes have no statute of limitations. I did not read the statute in great detail but the only reference to banks and financial institutions involved murder during the commission of the robbery. I think they are home free. Please note, as always. free legal opinions are worth what you paid for them


31 posted on 03/04/2014 6:06:31 PM PST by Holdem Or Foldem (Life isn't fair, so wear a cup.)
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To: Extremely Extreme Extremist

Government has mineral & property rights, i.e., gold & cannons, e.g., man digs up circa 1760’s cannon in side of back yard hill & Uncle Sam claims it.


32 posted on 03/04/2014 6:23:35 PM PST by Insigne123 (It is the soldier, not the community organizer, who gives us freedom of the press)
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To: DesertRhino

I played blackjack. I played fast and heavy. In the matter of a couple months I gathered about $180,000 from this. Of course I didn’t keep a secret, and people I barely remember came out of the cracks. Also some of my family members and my circle of friends seemed to begin treating me differently, like a subtle jealousy. Maybe I was different as well. One guy, I barely knew, asked me to lend him 1200 to buy bike rims for his road bike. He didn’t give me the impression that he had any real interest in paying me back. My girlfriend at the time, complained that I could have afforded “better” gifts. I got rid of her, as fast as I could.

I lost over half of my winnings, before I quit completely, and never brought up the subject again with anyone I knew.


33 posted on 03/04/2014 6:24:17 PM PST by castlegreyskull
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To: castlegreyskull

“I once had an experience where I found myself instantly more wealthy. I regretted telling anyone about it. These folk should have never said a word.”

Dont you just hate it when that happens, my long lost beloved uncle castlegreyskull?


34 posted on 03/04/2014 6:25:36 PM PST by lowbridge
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To: Axenolith

“It’s not the coins lost from the mint.”

Then its coins used in a drug deal /government


35 posted on 03/04/2014 6:28:42 PM PST by lowbridge
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To: lowbridge

There is some truth to this.

My Aunt who I spoken with maybe 10 times in my life asked me to help her with a mortgage payment when she heard of my good fortune.


36 posted on 03/04/2014 6:32:07 PM PST by castlegreyskull
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To: Extremely Extreme Extremist

I’m reminded of the Aesop tale of the fox and the crow.


37 posted on 03/04/2014 6:32:31 PM PST by SkyDancer (I Believe In The Law Until It Intereferes With Justice.)
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To: Extremely Extreme Extremist
may not be so lucky after all

I never thought they were lucky in the first place. Given that sewer of a state they live in, and given the proclivities of the federal govt, I knew they'd never see a dime.

And people saying they should have sold it in secret? Yeah, coins worth a million $ each would be a cinch to keep secret.

Me? I would have melted it down for just the gold. At least it would be something. At this point I wouldn't be surprised if the pigs in kal took it and somehow managed to penalize the couple for the discovery.

38 posted on 03/04/2014 6:34:18 PM PST by LouAvul (In a state of disbelief as to how liberals destroyed America in a mere 40 years.)
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To: Dr. Sivana

When you have the superior firepower, there is no statute of limitations.


39 posted on 03/04/2014 6:49:22 PM PST by ctdonath2 (Making good people helpless doesn't make bad people harmless.)
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To: Insigne123

No they don’t. Unless you’re in some other country. Stuff may fall under the antiquities act if it’s on federal land, but in the west, you can claim minerals on open federal land and they’re yours (pursuant to 1872 mining law et. al.).

East operates under leases.

Private property is also private mineral rights unless they’ve been separated in the past (See the many whiners in N and S Dakota with respect to neighbors making a mint on oil rights while they get jack because they bought land for less that didn’t come with them).


40 posted on 03/04/2014 7:56:50 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: LouAvul

They’ll sell it and realize the money. The government won’t get anything other than taxes on it. The theft stories are just idiot reporters trying to gin up controversy.

The one thing they need to keep secret for sure is the location of their property so lawyers can’t start searching the title chain for heirs of former owners.


41 posted on 03/04/2014 7:59:57 PM PST by Axenolith (Government blows, and that which governs least, blows least...)
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To: Axenolith

One court ruled in 2009 the U.S. Government illegally seized those particular coins. The later jury trial court decision found the coins remained U.S. Government property because they had never been issued and monetized. The plaintiffs said they would appeal the decision in part because the statute of limitations had expired. The latest news seems to indicate the case remains incomplete awaiting a possible appeal regarding the statute of limitations.

A previous St. Gaudens coin was monetized after a settlement because of the statute of limitatoins in part. The coin dealer was not prosecuted because the statute of limitations had expired before the suspect could be prosecuted.

So, the statute of limitatoins is yet another area in which the Federal Government is encroaching upon the just rule of law.


42 posted on 03/05/2014 1:25:52 AM PST by WhiskeyX ( provides a system for registering complaints about unfair broadcasters and the ability to request a)
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