Posted on 03/04/2014 11:01:21 AM PST by GrandJediMasterYoda
$10M Gold Coin Hoard Found in Yard May Have Been Stolen From Mint
A California couple who found a stash of buried gold coins valued at $10 million may not be so lucky after all. The coins may have been stolen from the US Mint in 1900 and thus be the property of the government, according to a published report.
The San Francisco Chronicle's website reported that a search of the Haithi Trust Digital Library provided by Northern California fishing guide Jack Trout, who is also a historian and collector of rare coins, turned up the news of the theft.
The California couple, who have not been identified, spotted the edge of an old can on a path they had hiked many times before several months ago. Poking at the can was the first step in uncovering a buried treasure of rare coins estimated to be worth $10 million.
(Excerpt) Read more at abcnews.go.com ...
Not with the new era of big brother. They take what they want.
“Maybe they were buried to hide them from FDR?”
Well,,bury them again. Somewhere else!
When I first heard of the story, the first thing I said was that I would have taken the one worst (or smallest) coin to a broker or collector to see what I could get for it.
If any questions were asked it's always plausible to say; "It's been around my hose for a long time and I'm not sure where it came from."
That experience would probably be all the education needed to decide what to do with the rest.
Get off your high horse. Anyone that would claim that the government owned anything they didn’t first confiscate(steal) from the public is lying to himself.
I have always wanted to visit Nevis. If it was good enough for Alexander Hamilton, it is good enough for me. $250K is jump change if you have $10 million.
Obviously, I was joking about Cayman. However, I would research what countries do not share information with our IRS/Federal Govt. and move to one of those. I think you could move to any number of countries if you made the right campaign contribution. Ecuador also comes to mind.
You buy some land in Idaho move there and sell your horde as you need it.
That’s what I expected to see — heirs of previous owners of the property coming forward to claim the gold as theirs.
bump
Not with the new era of big brother. They take what they want.
If you read the article the person who is claiming this is not a government employee. The official response from the Mint itself is, "We do not have any information linking the Saddle Ridge Hoard coins to any thefts at any United States Mint facility."
Could be that the person spreading this is just trying to knock the prices down.
Coins don’t have serial numbers. Someone finds a bag of coins, and now someone is SURE they had to be those ones that were stolen.
Our government is a pure kleptocracy.
They could have simply sold a nice size stash of them at a rare coin dealer or auction, and paid the taxes as appropriate. There isn’t the slightest legal responsibility to explain where you came by them.
When you sell a TV set, an a set of skis, or a silver dollar, you don’t have to prove where you came by it. You just sell it and that’s that.
Refuse to answer a word and never reveal the size of the stash. Information in a totalitarian nation is always used against you.
You don’t advertise. You keep your mouth shut.
92lb 9.1430oz of gold. Dam.
Naive liberals with a wide-eyed, childish trust in the concept of a completely benevolent and just Government which will always do what is right and in the best interests of the citizens.
In other words, perhaps "rational" in the clinical medical sense but probably not too smart.
Exactly what they should have done, and they could have taken their time. When they need money just melt some down. They’ll be kicking themselves in the ass for the rest of their lives.
“If they were smarter, they would have “found” one can of gold coins and waited to see what their local kleptocrats did about it.”
LOL that’s great. Best idea yet! Look up “sociopath” in your dictionary.
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