Who is the real idiot?
The guy who sold the safe?
or the guy who disclosed the contents?
Now he has to pay taxes on that 26k
I wouldn’ have said a word about it. Now the IRS knows and he gets to pay his fair share to the piglets at the slop channel.
Oh yes,
Sell the destroyed safe for scrap
Waste not, Want not
Now the IRS will know about it and want their cut as well....
I bought a ratty old electric guitar at a yard sale for $35.00.
I took the whole thing apart and found out that it was a 1984 USA Fender Phil Kubicki custom neck bolted onto an old Fender Mustang body.
I listed and sold each piece separately on eBay, for this:
Neck...$275.00
Body....$99.95
Pieces and hardware package $19.95
In the hands of a collector, these were probably worth a lot more, but I was happy and so were my customers.
Do I need to locate the yard sale and give back money to the person who sold me the guitar?
I don’t think so.
It’s called capitalism.
This saturday on a pure impulsive whim I went into a Bargain Village thrift store and found an authentic and discontinued Sydney Oilskins full length drover in XXL size and in mint condition...for $30.
Just my size and I always wanted a good drover, they cost at least $160 or more.
Well at least it wasn’t Al Capone’s safe. Geraldo must still be pissed
When one gets free money keep your mouth shut,it’s taxable.
Depending upon how “old” the money is, it might be worth more than face value. I hope the guy doesn’t just take it to the bank and deposit it.
What would you have done?
That would be my take if it were a million dollars. There are all sorts of stories about someone buying a classic painting for a few bucks at a garage sale or money in a safe. That is what makes them kinda fun. It’s a grab bag and you never know when you might strike it rich. And the obvious assumption is that the seller does not consciously miss the valuable item/money.
The only caveat I have is if a young person threw Grandma’s locked box (with Grandma’s life savings inside) up on an auction or garage sale, and Grandma KNEW the money was there and counting on using it, if I were the purchaser and discovered the money, I would return every penny. It’s a subtle but key difference. Kinda like an extra oxygen atom turns necessary oxygen into poisonous ozone.
Hellofa return!
PURE 100% BS!
I would have kept my mouth shut. Now the buyer has to pay income tax since he advertised his $26K to the whole world.
If he didn’t know the money was in there, he had no claim to it other than possession, and he was clear about the transference of risk associated with possession.
Given that I would not share the reward after taking 100% of the risk. I also would not have told him anything simply because I think it is mean to do so. It serves no purpose other than making him feel like an idiot.
I would have banked my 26 grand and went back online to see it that doofus had anything else good for sale !
You find cash from an “as is” sale publicly offered? Caveat emptor has a reciprocal.... seller emptor too. The seller represents the product as sold. The seller should have at a minimum opened the safe (who wouldn’t?) before selling. That’s it.
Another big mistake is to announce to the world a “windfall” because of course this is not a blessing but needs to be shared/re-distributed. No way— the law of the mountains... or really any where else. It was a transaction that was completed as sold— keep your business to yourself. Find a gold nugget on your land/property— same thing. And praise God.
On the other hand, another example— find a brown bag with $250K cash in it— you should turn that in— because if you keep it you’ll get a visit from guido or carmine from hoboken- and not be long for it— or maybe pablito or carlito from brownsville. Not all transactions are blessed.
I wouldn’t have felt obligated to share any of the money with the seller, but I also wouldn’t have told him about my windfall unless he asked.
And $26K isn’t “life altering” money unless you’re one hell of an investor.
To the risk takers go the spoils!!
No sympathy for Labrecque whatsoever. He thought he was ripping off some rube. Well, in hindsight, he did!
Why does anyone even know?