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To: BGHater

Does it sounds like the property owner has no rights and no compensation?


10 posted on 09/10/2009 9:00:34 AM PDT by sr4402
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To: sr4402

That’s the rules over there.


15 posted on 09/10/2009 9:07:30 AM PDT by BGHater (Insanity is voting for Republicans and expecting Conservatism.)
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To: sr4402
Does it sounds like the property owner has no rights and no compensation?

The article isn't very well written, but under the Treasure Act of 1996, it all belongs to the landowner. Usually the metal detectorist asks permission and they make a deal like a 50/50 split. This guy, however, didn't make any such deal it seems, so the landowner gets it all. Then an independent board of experts sets a fair market value. Museums get first refusal at that price. If no museum is willing to pay, the owner can sell them on the open market.

16 posted on 09/10/2009 9:22:56 AM PDT by Bubba Ho-Tep ("More weight!"--Giles Corey)
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To: sr4402

It might sound that way, but it is not the case. The compensation is quite honestly very fair.

In fact, I would guess that, apart from their historical and academic interest, these things are probably not all that valuable. There might be a lot of coins but they are base metal and not in particularly good condition either.


30 posted on 09/11/2009 12:39:27 AM PDT by Vanders9
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