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 ...
Well, they got on TV didn’t they?
Say buy-bye to your new-found wealth.
Finders isn’t always keepers.
The government wasn’t satisfied with the 50% tax burden. They want it all!
>>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.
IDK what exactly the truth is, but the cover story ain't it. Time will tell.
They should be many thousands of miles away by now, on a nice warm beach somewhere
And it may have been buried in the 1930’s as a big FU to FDR...
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.
Stolen in 1900? What the heck is the statute of limitations on stolen gold? I doubt it is more than 100 years.
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.
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.
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.
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.
Not too bright to disclose this were they?
Good point!!
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.
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...
I PRAY they are SUPER LIBS!!!
So they took million dollar coins and put them in cans of dirt? Yea, right...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.