Posted on 07/10/2023 4:55:33 PM PDT by Enterprise
FR Gold & Silver Ping List!
His property. Feds can go eff themselves.
Why don’t I ever find things like this? The best thing I ever found was an 1891 seated liberty silver dime.
The best I found was a 1981 dime.
Treasure stories are always fun!
I remember wheat pennies being pretty common as a kid. Now I feel lucky if I see one in a year. Same for WW2-era nickles. I will find those every few years. But nothing else.
Congratulations to the Kentucky farmer!
I cannot fathom why anyone would announce this to the world.
Just keep it and shut up.
And yes, have it appraised by a reputable appraiser and then sell them off a little at a time.
My couch has yielded far more. :)
All we ever find on out property is trash.
The IRS is already counting their cut.
It’s income based on the value the day you took ownership of the propert—which becomes the basis. Then you are taxed on the capital gain.
Yes, the IRS screws you for stuff buried in the ground for 160 years.
A few years ago a friend of the family found a cache of civil war gold coins in Kentucky also and got rich enough to retire from farming.
Had he kept farming he would have been just as poor as if he never found them.
Did you try planting corn?
Can I come over and do a little detecting? I’ll give you 10% of the booty.
No estimate in the article about how much the entire cache could be worth? And how long before descendants of wealthy folk in the area start claiming they should be the rightful heirs?
the local indigenous peoples are already lining up a lawyer, as are the the local POC demanding reparations because that money was on their land or money earned by slave labor /s.
A story on the tax liability for buried treasure.
My thoughts exactly!
Just another reason why the FBI should be abolished!
I got a wheat penny just a few days ago, but it’s been several years since I got a silver dime in my change.
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