Posted on 04/09/2017 8:31:23 AM PDT by mandaladon
A tank fanatic got a new model in a £30,000 [$37,000] trade-in and found more than £2million of gold bullion hidden in the fuel tank.
Nick Mead, 55, discovered the five gold bars in the Russian T54/69 while restoring it to add to his collection of 150 military vehicles.
He and mechanic Todd Chamberlain were filming themselves prising open the diesel tank in case they found munitions and needed to show it to bomb disposal crews.
Instead, they pulled out the bars, weighing up to 12 pounds 5kg apiece.
Todd, 50, said a quick calculation suggested they were worth in excess of £2million [$2.5 million].
He added: We didnt know what to do. You cant exactly take five gold bullion bars down to Cash Converters without questions being asked, so we called the police.
Nick runs Tanks-a-Lot, giving petrolheads the chance to drive any of his tanks on his farm in Helmdon, Northants.
(Excerpt) Read more at foxnews.com ...
Become a “gold prospecting” enthusiast.
Imagination? I can imagine trying to do many things with that gold...but it must be noted that I know nothing about precious metals....or the world of high finance...or the world of government regulation/taxation.
Melt it down? OK,but then how do you get anything near current price for it from anyone other than a shady character.Take the bricks to one of London's/New York's/Tokyo's/Hong Kong's major banks? Yah,OK.But they'd be on the phone to INTERPOL and the tax authorities in a heartbeat.
Let's hear what *your* imagination comes up with!
Gold is priced in troy ounces.
Thanks for the name of the movie! I saw it as a kid and couldn't remember the name. My first thought was the Dirty Dozen but that's another movie from the same time period (if I remember correctly).
14.58 troy ounces.
Aren't you the optimist? 😀
That isn't hard either.
Soldiers -- Wartime -- Find gold -- Loot gold -- Hide gold -- Soldiers get killed/wounded/captured/or even desert -- Gold stays hidden.
“I tink maybe you half somtink belong to me...”
It's distinctly possible that you're correct.But,OTOH,trying to circumvent established laws is likely to put you in contact with shady characters...characters who might be willing to *kill* for millions.
Even in the UK he will be lucky to keep half. If a museum wants it then a .gov committee decides how much it is worth.
Yah,that sounds like a plausible scenario.
Leftover tank from Kelly’s Heros. Memorializing Don Rickles passing this week.
Video of the gold being discovered in the gas tank.
https://www.youtube.com/watch?v=km5k60PR1dU&t=300s
Standard operating procedure in the USA is to declare it “drug money”, and confiscate it, with no legal recourse.
The gold wasn't going anywhere.
I would have done a LOT of research over a long period of time to see what the best course of action was.
These men are children. "oooooh - lookit what we found!"
@ NRx - I don't advocate tax evasion - but these aren't your grandfather's government bureaucrats.
My first reaction as a venal .gov type would be to accuse them of smuggling it into the country.
Then, it's the government's - period. Remember that as grasping as our Revenue Service is, the Brits have one that's even more grasping.
Hmmmmm. About 65 million Reichmarks?
Back to "keep it & your trap shut about it"; If/when I would need to tap into that reserve, I'd take a portion, recast or form it into something "negotiable" and pay the tax associated with the transaction.
I am not a metallurgist or precious metals expert but I know enough to work things out as far a likely composition. But it's all cloud talk as I am very unlikely to run into such a dilemma (rainbows & leprechauns notwithstanding) or buy tanks as a hobby. This fellow could have gained much more (pr, publicity, etc) than the value of the gold itself ... or he had the gold previously and needed a way to "launder it"
And the capital is Londonistan.
Excellent
Around here it's 90 days.
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