Your Cash Ain't Nothin' but Trash (2007 Remaster) | 2:58
The Clovers - Topic | 1.77K subscribers | 13,989 views | July 14, 2017
Posted on 04/30/2025 9:43:28 AM PDT by nickcarraway
A casual hike on the slopes of Zvičina Hill in the Czech Republic led to a remarkable discovery when two hikers stumbled upon a lost gold treasure worth more than $340,000.
The find, made in early February but only recently announced, includes 598 gold coins, jewelry, and other artifacts. The entire collection weighs about seven kilograms, with gold coins accounting for nearly 3.7 kilograms.
While exploring the landscape near the Polish border, the hikers uncovered a tin container packed with nearly 600 gold coins. The coins were carefully stacked in eleven piles and wrapped in black cloth. Not far from this spot, they discovered an iron box containing ten bracelets, a wire purse, a comb, a chain, and a powder compact, made from yellow metal.
Mystery of the buried lost gold treasure
Experts at the Museum of Eastern Bohemia are now working to understand how the treasure ended up buried on the hillside. Vojtěch Brádle, a coin specialist, said he was stunned when he first examined the collection. He explained that, based on their markings, many coins likely originated from Serbia during the 1920s and 1930s. How they made their way to eastern Bohemia remains a mystery.
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Several theories have emerged. Some historians believe Czech citizens may have hidden the treasure while fleeing Nazi occupation after 1938. Others suggest that Germans concealed it before being expelled from the region following World War II in 1945. Another theory ties the burial to the communist monetary reforms of 1953, when fear of financial loss might have driven people to hide their wealth.
Museum director Petr Grulich said it’s unclear whether the gold originally belonged to Czech, German, or Jewish owners, highlighting the unanswered questions surrounding the discovery.
Coins reveal international origins and historical value Further examination has revealed that the gold coins are not of Czech origin. Instead, they come from several countries, including France, Turkey, Belgium, and the former Austro-Hungarian Empire, with a few from Romania, Italy, and Russia.
Markings on some Austro-Hungarian coins suggest they were intended for use in the former Yugoslavia, particularly Serbia or Bosnia and Herzegovina.
Although the current market value is mainly based on the weight of the gold, experts believe the historical significance of the find could be far greater. Under Czech law, the two hikers may be entitled to a reward of up to 10 percent of the collection’s value.
The Museum of Eastern Bohemia in Hradec Králové has begun preserving the artifacts. Officials hope to eventually display the collection, allowing the public to connect with a little-known chapter of the region’s past.
Shutting up certainly sounds like a good idea, at first. However, think about what happens next: specifically, how do you convert the rare antique gold coins to cash without drawing attention. Worse, once you are asked where the coins came from, you may face criminal or civil penalties for not reporting them in the first place. At that point, you are worse off than before you found them.
Your Cash Ain't Nothin' but Trash (2007 Remaster) | 2:58
The Clovers - Topic | 1.77K subscribers | 13,989 views | July 14, 2017
This “lost gold treasure” weighed about 11 pounds. It seems like the story should read something more along the lines of “Cousin Mario’s name has finally been cleared. Great Aunt Ljuba’s jewelry box full of her collection of little gold coins was finally found right where she hid it 90 years ago, along with some other stuff she usually kept in her bedroom.
That’s before taxes, fines and fees.
If I found something like this, I would never tell and I would sell them off slowly to not be suspicious.
I don’t feel a need to be famous and have the government seize my find...
Metal detecting laws in the UK are that way. Everything you find is the property of the Crown and must be turned over to the authorities. You may get to keep a small percentage, same as in this story.
Because it's likely the Czech Republic has a similar law as the U.K., that any treasure found must be reported to the local finds officer, or face arrest. The Coroner then holds an inquest to determine if it is treasure or not. If determined to be treasure, it will be reported to The Portable Antiquities Scheme (PAS) and is offered to museums for acquisition. Museums are given a limited time to raise funds to acquire the treasure at a price set by the Treasure Valuation Committee. If the treasure is purchased by a museum, a fair market value reward is provided to the finder. The finder must split the money with the land owner the treasure was found on.
The chocolate inside the coins alone must be worth at least 2000 hyrivnias!
Good of them to have done the right thing rather than, say, melt them down or sell them to a black market dealer.
Is the picture real? Obviously it is posed, but the box and coins look to shiny to have been buried, even if wrapped, for decades.
This belongs to Hunter Biden.
He is enroute to claim it
So in that case, I’m re-burying the find on my land, and only turning in half of what I found. The other half can stay buried on my land for my grandchildren to find.
Always with the negative waves, Moriarty, always with the negative waves. Oddball
That’s funny right there, I don’t care who you are.
In the UK, anything like this that is found must be declared. However, if it has no historical/museum worth it is returned to the finder. If a museum does want it they have to pay the estimated value. This policy promotes the detectorists to explore. The detectorists if searching on private property need to set up an agreement with the landowner. I have no idea what those percentages might be. 50/50??
That’s before taxes, fines and fees.
Do they take Czechs?
lol My first thought, too.
You talk as if it’s Plutonium. Gold coins are the most liquid asset in the world, not quite as good as cash. Go to coin dealer. “How much?” Agree on price. Takes about 2 minutes. Less if you aren’t talkative.
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