Lost WWII Gold Treasure Worth Hundreds of Thousands Discovered in Czech Republic

I've had this link in the "On Deck" folder for quite a while, and since this also pertains to Bohemia...

1278: The Battle for Europe
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Directed by: Fritz Kalteis

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With what gold is going for per ounce, $345 K value means it’s only 102 ounces of gold, or a little over 6 pounds —hardly a treasure trove. Unless you own it personally, I guess....

They did the “right thing”? Show your work.

First, only an idiot would melt them down. Coins are self-authenticating to a large degree. Once melted, they are no longer collectible coins, which in some circumstances have a value far and away higher than the gold content. Then, the blobs of good have to be assayed. They are basically a pig in a poke at that point. No Bueno.

Further there is no “black market” required for selling coins. They are saleable everywhere, up front and above board in the “white market”.

They did the “right thing”? Show your work.

Further there is no “black market” required for selling coins. They are saleable everywhere, up front and above board in the “white market”.

I heard you the first time.

Your post implies a level of knowledge about coin dealing that cannot be assumed about whomever stumbled on this horde. There are numerous tales of people literally throwing away a fortune they happened into, due to not understanding the value, wanting an immediate payout, or not having the discipline to work for a higher payout or long-term investment. Joey Coyle, for one. Many lottery winners end up broke.

Others on the thread pointed out the possible legal consequences for trying to keep the coins where it is against the law in most of Europe.

I explained it, but you were deaf to it. There is no help for you, since there can be no world view but yours, as far as you’re concerned.

You danced around it, but couldn’t bring yourself to actually say it.

1. Find buried treasure
2. Give it to the government

I think that’s fairly accurate. LOL

Feel free to make any corrections, by all means.

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