Warning

 

Close

Confirm Action

Are you sure you wish to do this?

Confirm Cancel

Log In

A valid email is required.
Password is required.
Site Notices
Page / 4
Member
Avatar
Lifetime Member
  • Joined Jul 2005
  • Posts 32784
  • Location JPN JPN
Offline Positive Feedback
Lifetime Member
  • Joined Jul 2005
  • Posts 32784
  • Location JPN JPN
Offline Positive Feedback
Military
Posted: 2/26/2014 8:23:20 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Master_of_Orion:
well... it is stolen property... if it's the claimed gold from that robbery.

But... it's really old stolen property where everyone who was involved is now dead. To me that means the statute of limitations (a term I'm probably misusing) should have run out and they should get to keep it.

At the very least they should get a hefty finders fee to include at least one of the coins.
View Quote


The government owned them and isn't dead though... I have a feeling they're going to lose them.
NwG
The Inky Darkside
Avatar
Bronze
  • Joined Nov 2005
  • Posts 7165
  • Location USA CA, USA
Offline Neutral Feedback
Bronze
  • Joined Nov 2005
  • Posts 7165
  • Location USA CA, USA
Offline Neutral Feedback
Posted: 2/26/2014 8:37:16 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Josh:


No, face value was 38k. Spot would be almost 2 million.

View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Josh:
Originally Posted By leatherface_y2k:
Originally Posted By DrFeelgood:
I've seen estimates of face value and collector value, does anybody have an idea what spot would fetch?


Look a few posts above.. ~$37,000.

And I wholeheartedly agree that those folks are idiots for publicizing this. Sell a few here and there over the years. Be discreet. Some of those coins are worth $1 million or more apiece just due to their rarity and condition.


No, face value was 38k. Spot would be almost 2 million.


This..

And selling one of two a year would not work so well.. The population of coins is known and most all rare dates and verities are highly researched and accounted for..

There are coins in this find that every other known example is accounted for. You don't show up with a new one in better condition than all known examples and not have every coin dealer talking about it in 24 hours..

Not to mention no coin dealer or collector is going to put down big money until the coin is graded.. Too many fakes and grading matters.
PCGS (the place these coins are now) has IRS people in the building. A new found, best known example of US gold is going to be looked at my the top grades in the world..

Nothing in the coin world is a secret.
Jack Bauer... That's why..
Basic
  • Joined Jan 2002
  • Posts 32581
  • Location USA CA, USA
Offline Neutral Feedback
Basic
  • Joined Jan 2002
  • Posts 32581
  • Location USA CA, USA
Offline Neutral Feedback
Military
Posted: 2/26/2014 8:42:23 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ProudVeteran:
When you purchase your property isn't everything on it yours? Just curious, I don't know the laws concerning that.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ProudVeteran:
Originally Posted By David4327:
If the coins are found to be stolen, then it's okay to keep them and say nothing? Interesting, Arfcom does not hate thieves after all.
When you purchase your property isn't everything on it yours? Just curious, I don't know the laws concerning that.


obviously

The owner of stolen property always has the right to recover their property.

If somebody stole something of yours, how long to they get to keep it before it becomes theirs?? If they hide it in Robin Hoods Barn, and Robin Hood sold the barn to Little John. Does your property now belong to Little John?
Basic
  • Joined Nov 2011
  • Posts 29
  • Location USA WA, USA
Offline Neutral Feedback
Basic
  • Joined Nov 2011
  • Posts 29
  • Location USA WA, USA
Offline Neutral Feedback
Posted: 2/26/2014 8:42:48 PM EST
The math doesn't add up for these to be from the Dimmick robbery.

They found 1,427 coins, the newest from 1894. Seven years before the theft occurred. They made gold coins till 1933. The odds of there not being anything newer than 1894 in the stollen coins are not good. And he only stole 500 coins.

Doesn't mean the .GOV wont try though.
you can't have freedom for free
Avatar
Gold
  • Joined Jan 2012
  • Posts 13683
  • Location USA TX, USA
Offline Neutral Feedback
Gold
  • Joined Jan 2012
  • Posts 13683
  • Location USA TX, USA
Offline Neutral Feedback
Posted: 2/26/2014 8:44:57 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By PaDanby:


obviously

The owner of stolen property always has the right to recover their property.

If somebody stole something of yours, how long to they get to keep it before it becomes theirs?? If they hide it in Robin Hoods Barn, and Robin Hood sold the barn to Little John. Does your property now belong to Little John?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By PaDanby:
Originally Posted By ProudVeteran:
Originally Posted By David4327:
If the coins are found to be stolen, then it's okay to keep them and say nothing? Interesting, Arfcom does not hate thieves after all.
When you purchase your property isn't everything on it yours? Just curious, I don't know the laws concerning that.


obviously

The owner of stolen property always has the right to recover their property.

If somebody stole something of yours, how long to they get to keep it before it becomes theirs?? If they hide it in Robin Hoods Barn, and Robin Hood sold the barn to Little John. Does your property now belong to Little John?


How the hell can anyone prove that coins are stolen? There are no serial numbers. "Probably... likely... maybe.. could have been.."

Bullshit.
"If Jesus had a gun he'd still be alive." - Homer Simpson
Basic
  • Joined Jan 2002
  • Posts 32582
  • Location USA CA, USA
Offline Neutral Feedback
Basic
  • Joined Jan 2002
  • Posts 32582
  • Location USA CA, USA
Offline Neutral Feedback
Military
Posted: 2/26/2014 8:46:59 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FlyingGorilla:
I'd have driven to Canada and sold them in Vancouver. I'm sure that they'd be a small enough package that they could easily be unnoticed in a car full of vacationers' luggage. If they'd done that and converted the proceeds to Bitcoin headed to Europe and then cashed out they could have taken that $10million estimate and multiplied that several times over while enjoying their new life on the French Riviera.
View Quote


Some of these coins are so unique that a dealer would very likely either have a good idea where they came from or think counterfeit. "Oh yeah, found it in a can in the backyard??" Kind of like finding and trying to sell a well known stolen Chagall or Picasso. A legit dealer would immediately know what it is.
I have NO idea what is going on
Avatar
Lifetime Member
  • Joined Jun 2008
  • Posts 18719
  • Location USA CA, USA
Offline Positive Feedback
Lifetime Member
  • Joined Jun 2008
  • Posts 18719
  • Location USA CA, USA
Offline Positive Feedback
NRA
Posted: 2/26/2014 8:47:26 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Cossa:
Won't be long before it gets taken away
View Quote



FPNI !


Ha Ha .......dumbasses should have learned a bit of OPSEC.

The probably end up with didly-squat ! Dumbasses !
It is an insult to the skidmarks in your underpants to call Barry Obungo a shit stain.
Insert Job Here
Avatar
Bronze
  • Joined Jul 2003
  • Posts 9984
  • Location USA FL, USA
Offline Neutral Feedback
Bronze
  • Joined Jul 2003
  • Posts 9984
  • Location USA FL, USA
Offline Neutral Feedback
Posted: 2/26/2014 8:49:05 PM EST
[Last Edit: 2/26/2014 8:50:31 PM EST by Master_of_Orion]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By PaDanby:


obviously

The owner of stolen property always has the right to recover their property.

If somebody stole something of yours, how long to they get to keep it before it becomes theirs?? If they hide it in Robin Hoods Barn, and Robin Hood sold the barn to Little John. Does your property now belong to Little John?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By PaDanby:
Originally Posted By ProudVeteran:
Originally Posted By David4327:
If the coins are found to be stolen, then it's okay to keep them and say nothing? Interesting, Arfcom does not hate thieves after all.
When you purchase your property isn't everything on it yours? Just curious, I don't know the laws concerning that.


obviously

The owner of stolen property always has the right to recover their property.

If somebody stole something of yours, how long to they get to keep it before it becomes theirs?? If they hide it in Robin Hoods Barn, and Robin Hood sold the barn to Little John. Does your property now belong to Little John?
How about after you and everyone you know at the time of the robbery is long dead?


At some point it stops being stolen property and becomes an historical artifact... which belongs to the owners of the property it was found on.
"Never attribute to malice that which can be ascribed to sheer stupidity." LTC (CENTCOM)

"Round is a shape, right?
I have the body of a god...Just happens to be Buddah! Az_Redneck
Coherent Ramblings
Avatar
Bronze
  • Joined Nov 2007
  • Posts 41164
  • Location USA NY, USA
Offline Positive Feedback
Bronze
  • Joined Nov 2007
  • Posts 41164
  • Location USA NY, USA
Offline Positive Feedback
Posted: 2/26/2014 8:51:47 PM EST


Stolen coins or not, the government is gonna find some way to fuck them.

When I started metal detecting many years ago, one of the very first things my brother taught me was, if you find anything shut up about it.


"And yet another Arfcom IQ test begins to claim its victims."

NRA Life Member
Member
Avatar
Bronze
  • Joined Mar 2005
  • Posts 27075
  • Location USA WA, USA
Offline Neutral Feedback
Bronze
  • Joined Mar 2005
  • Posts 27075
  • Location USA WA, USA
Offline Neutral Feedback
Posted: 2/26/2014 8:59:14 PM EST
[Last Edit: 2/26/2014 9:00:36 PM EST by Windustsearch]
I doubt it is the stolen ones. The dates don't match, and nobody has said they are all SF mint.

I am still betting it is a 1930s collection stash.
Resident Jedi Grand Master
Avatar
Bronze
  • Joined Feb 2001
  • Posts 39032
  • Location USA CO, USA
Offline Neutral Feedback
Bronze
  • Joined Feb 2001
  • Posts 39032
  • Location USA CO, USA
Offline Neutral Feedback
NRA
Posted: 2/26/2014 9:00:49 PM EST
wtf happened to opsec?

I didntfoundnuthin!
MIA: M/SGT James W. Holt USSF 2-7-68 SVN

"Your freedom to be you includes my freedom to be free from you."
-A. Wilkow
Mak
Member
Avatar
Bronze
  • Joined Jan 2002
  • Posts 21444
  • Location USA MI, USA
Offline Positive Feedback
Bronze
  • Joined Jan 2002
  • Posts 21444
  • Location USA MI, USA
Offline Positive Feedback
NRAMilitary
Posted: 2/26/2014 9:03:00 PM EST
500 coins were supposedly stolen? Over 1,400 coins were found? All you that claim these are the stolen coins must not be able to do subtraction and addition or I am missing something.
you can't have freedom for free
Avatar
Gold
  • Joined Jan 2012
  • Posts 13686
  • Location USA TX, USA
Offline Neutral Feedback
Gold
  • Joined Jan 2012
  • Posts 13686
  • Location USA TX, USA
Offline Neutral Feedback
Posted: 2/26/2014 9:05:06 PM EST
I would make a wild ass guess that someone buried that stash in 1932 or so, whenever it was that FDR illegally "outlawed" private ownership of gold. It would be interesting to see the cans, or an analysis of them to establish when the cans were manufactured.
"If Jesus had a gun he'd still be alive." - Homer Simpson
Certified Glock Armorer
Avatar
Bronze
  • Joined Jun 2011
  • Posts 883
  • Location USA KY, USA
Offline Positive Feedback
Bronze
  • Joined Jun 2011
  • Posts 883
  • Location USA KY, USA
Offline Positive Feedback
Posted: 2/26/2014 9:09:10 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Enlightenme556:
I'll never understand why people don't just shut the hell up when things like this happen.
View Quote



This post wins the thread.
High Speed Bullet Sponge
Team Member
Avatar
Bronze
  • Joined Sep 2001
  • Posts 1531
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Sep 2001
  • Posts 1531
  • Location USA TX, USA
Offline Positive Feedback
Posted: 2/26/2014 9:12:54 PM EST
[Last Edit: 2/26/2014 9:14:11 PM EST by David0858]
It's like that article was wrote by two different people. The first part with the speculation about a mint theft and the latter part describes how the coins were when they were found with the oldest in the cans on the bottom and in the cans with the oldest in the can on the bottom of a can going from oldest to newest from bottom to top, and with the coins dated from 1847 to 1894.

It's obvious what these coins are when you think about it. These were someone(s) life savings, bought new from the bank over almost 50 years. People didn't trust banks for good reason. There is probably little caches of coins all over the world going back into antiquity buried and the not retrieved when the people died or were killed. I would imagine that most of these aren't very big and in the case of the ones that are found, most of the finders are smart enough to keep their mouths shut.
"The trouble with a nanny state is that in the long run you're only going to have people who need a nanny. "
NwG
The Inky Darkside
Avatar
Bronze
  • Joined Nov 2005
  • Posts 7167
  • Location USA CA, USA
Offline Neutral Feedback
Bronze
  • Joined Nov 2005
  • Posts 7167
  • Location USA CA, USA
Offline Neutral Feedback
Posted: 2/26/2014 9:16:07 PM EST
Here is the problem with not telling anyone..

You would have only one way to sell the coins and make the money their rarity is worth.. On the black market.

Any that is a long, long shot.. Like leave the US and never come back..

The catch is getting the coins authenticated and graded.. If you send them to NGC or PCGS to be graded your screwed, games up.. So you would have to find a group of coin dealers to all put there names and reputations behind a black market coin to get a net grade and authentication..

Coin dealers in the US are bound to financial instatutions laws.. They have to report things like this.. And in the coin world you get one shot.. Any bad mark on your record and your blacklisted.. The whole thing runs on a crazy system of trust. The gov almost always figures out who was behind a coin found on the black market.. Even years down the road people do serious time for shit like this..

So you are not going to find a dealer or dealers in the US to help, and you can't get the coins graded.. Nobody is going to but a coin like that ungraded and raw.

So you have to leave the US and take a fraction of the real market value..

The family is doing things right.. The coins are being preserved and graded by the best in the coin world, the dealer they are using (a good guy) knows all about these kind of collections. He has lawyers and tax consultants as well as necessary security. This is not his first million dollar collection. They will get the coins graded and make an auction catalog and population report for the coins. Though when these coins are slabbed (put in sealed plastic) the PCGS grading tag will indicate they were part of this find.. Pedigree is important to coin nerds. They will market it up for a year or two and then make plenty at auction and selling to dealers. They will pay the taxes and still come out WAY ahead..

BTW - the dealer handling this find is a dirty Inky.. I once flew to San Fransisco from LA to deliver a single coin to him.. Met him at the airport and got back on a plane home.. Lets just say the value of the coin made the flight well worth it..
Jack Bauer... That's why..
The only good tree is a stump...
Avatar
Bronze
  • Joined Nov 2002
  • Posts 2774
  • Location USA AK, USA
Online Neutral Feedback
Bronze
  • Joined Nov 2002
  • Posts 2774
  • Location USA AK, USA
Online Neutral Feedback
NRA
Posted: 2/26/2014 9:21:37 PM EST
Always Think Forfeiture...
NRA Life - Patron Member
New York State Rifle and Pistol Association
Alaska Rifle Club
Mak
Member
Avatar
Bronze
  • Joined Jan 2002
  • Posts 21447
  • Location USA MI, USA
Offline Positive Feedback
Bronze
  • Joined Jan 2002
  • Posts 21447
  • Location USA MI, USA
Offline Positive Feedback
NRAMilitary
Posted: 2/26/2014 9:32:22 PM EST
The finders of the coins took them back to their house and buried them under their woodpile until the could get experts to look at them.........according to Fox News.

Guess they didn't trust banks either.
Member
Avatar
Bronze
  • Joined Oct 2013
  • Posts 143
  • Location USA OR, USA
Offline Neutral Feedback
Bronze
  • Joined Oct 2013
  • Posts 143
  • Location USA OR, USA
Offline Neutral Feedback
Posted: 2/26/2014 9:45:59 PM EST
I see a fed MRAP pulling up in the finders driveway in the foreseeable future.
Touched by the Fickle Finger of Fate!
Avatar
Bronze
  • Joined Sep 2002
  • Posts 11058
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Sep 2002
  • Posts 11058
  • Location USA TX, USA
Offline Positive Feedback
NRA
Posted: 2/27/2014 3:32:54 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By leatherface_y2k:


You're right, I was citing another post, not doing the math myself. Laziness and drunkenness...
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By leatherface_y2k:
Originally Posted By pepperbelly:
Originally Posted By DrFeelgood:
Originally Posted By leatherface_y2k:
Originally Posted By DrFeelgood:
I've seen estimates of face value and collector value, does anybody have an idea what spot would fetch?


Look a few posts above.. ~$37,000.

And I wholeheartedly agree that those folks are idiots for publicizing this. Sell a few here and there over the years. Be discreet. Some of those coins are worth $1 million or more apiece just due to their rarity and condition.

$37K would be less than 30 oz. total weight. I gotta think the find is heavier than that. Just one of those cans has to weigh at least eight pounds.



1427 coins, call them 1 ounce just to make the math simple although each would be a little less. Lets say gold is $1,300.00 per ounce- good round number.

1427 x $1,300.00 = $1,855,100.00.


You're right, I was citing another post, not doing the math myself. Laziness and drunkenness...


If you drink more you won't feel so lazy.
When I die I want the Dallas Cowboys to be my pall bearers- so they can let me down one last time.
Member
Avatar
Bronze
  • Joined Apr 2001
  • Posts 22048
  • Location USA FL, USA
Offline Neutral Feedback
Bronze
  • Joined Apr 2001
  • Posts 22048
  • Location USA FL, USA
Offline Neutral Feedback
Posted: 2/27/2014 3:34:57 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Orion_Shall_Rise:
from the dates I heard on the radio these coins are far older then 1901
View Quote


Long as they are not far newer.
"Raincheck"
Avatar
Bronze
  • Joined Jul 2010
  • Posts 8080
  • Location USA AK, USA
Online Neutral Feedback
Bronze
  • Joined Jul 2010
  • Posts 8080
  • Location USA AK, USA
Online Neutral Feedback
Posted: 2/27/2014 9:06:42 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Recusance:
They most certainly would have had to melt the coins down.

Coins that recognizable would have drawn attention in short order anyways.
View Quote
fucking ridiculous

$27,000 face is about 1300 ounces or roughly 1.7 million, a lot of money but only 15% of the stated value, it would be fairly easy to get 50% of the ten million in a hurry and cut your losses with that or sell singles for full value over time.
Have Shotgun, Will Travel
Veteran of the Cola Wars
Avatar
Bronze
  • Joined Jun 2008
  • Posts 3213
  • Location USA VA, USA
Offline Positive Feedback
Bronze
  • Joined Jun 2008
  • Posts 3213
  • Location USA VA, USA
Offline Positive Feedback
Posted: 2/27/2014 9:14:28 PM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By operatorerror:
Here come the feds...


eta This story is getting more and more twisted every day. I swear if I ever stumble upon a treasure I will NOT be making announcements and doing press releases. Things will be slowly and quietly sold off.
View Quote
The title of my EE post will be: WTT my gold for your entire NFA collection
Top 10 scrip
"Be polite, be professional, but have a plan to kill everybody you meet." -Major General Mattis
Basic
  • Joined Feb 2006
  • Posts 5821
  • Location USA MN, USA
Offline Neutral Feedback
Basic
  • Joined Feb 2006
  • Posts 5821
  • Location USA MN, USA
Offline Neutral Feedback
Posted: 2/27/2014 9:18:30 PM EST
The couple should have shut up and said nothing about them, then dumped them on the market one at a time.
Creepy Ass Cracker
Avatar
Bronze
  • Joined Apr 2012
  • Posts 2361
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Apr 2012
  • Posts 2361
  • Location USA TX, USA
Offline Positive Feedback
Posted: 2/28/2014 1:57:26 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Cossa:
Won't be long before it gets taken away
View Quote


Bingo
In GOD We Trust....Everbody else keep your damn hands where I can see them.
Member
Avatar
Bronze
  • Joined Aug 2011
  • Posts 2383
  • Location USA IL, USA
Online Positive Feedback
Bronze
  • Joined Aug 2011
  • Posts 2383
  • Location USA IL, USA
Online Positive Feedback
Posted: 2/28/2014 2:58:51 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Cossa:
Won't be long before it gets taken away
View Quote

"Cursed be the ground for our sake. Both thorns and thistles it shall bring forth for us. For out of the ground we were taken, for the dust we are and to the dust we shall return."
Buy the ticket, take the ride.
Avatar
Bronze
  • Joined Jun 2011
  • Posts 8886
  • Location USA VA, USA
Offline Positive Feedback
Bronze
  • Joined Jun 2011
  • Posts 8886
  • Location USA VA, USA
Offline Positive Feedback
Posted: 2/28/2014 3:01:03 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Cossa:
Won't be long before it gets taken away
View Quote


Find gold?, keep mouth shut!
Member
Avatar
Bronze
  • Joined Mar 2004
  • Posts 43818
  • Location USA MI, USA
Online Positive Feedback
Bronze
  • Joined Mar 2004
  • Posts 43818
  • Location USA MI, USA
Online Positive Feedback
Posted: 2/28/2014 3:09:15 AM EST
Well they were rich for a few days at least!!

Ouck Fbama!! Ex-LEO. Now Poor College Student
Avatar
Bronze
  • Joined Jul 2004
  • Posts 12510
  • Location USA GA, USA
Offline Positive Feedback
Bronze
  • Joined Jul 2004
  • Posts 12510
  • Location USA GA, USA
Offline Positive Feedback
Posted: 2/28/2014 3:14:16 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ProudVeteran:
When you purchase your property isn't everything on it yours? Just curious, I don't know the laws concerning that.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By ProudVeteran:
Originally Posted By David4327:
If the coins are found to be stolen, then it's okay to keep them and say nothing? Interesting, Arfcom does not hate thieves after all.
When you purchase your property isn't everything on it yours? Just curious, I don't know the laws concerning that.

Tell that to the Feds.

IIRC, a citizen purchased a seized car from a govt auction. Went to get some work done it, since it wasn't holding as much fuel as it should.
The mechanic found a compartment, in the fuel tank, filled with $$$. The Feds said it was their $$$, even though the citizen now owned the car.
TIER 87 OPERATOR
Avatar
Bronze
  • Joined Nov 2010
  • Posts 389
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Nov 2010
  • Posts 389
  • Location USA TX, USA
Offline Positive Feedback
Posted: 2/28/2014 4:18:48 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By NwG:
The family is doing things right.
View Quote


I agree. But by the time the IRS, the State of California, their broker and attorneys get through working them over they'll be lucky if they clear $2 mil. Still, it's a better option than possible prison time.
Member
Avatar
Bronze
  • Joined Mar 2004
  • Posts 43827
  • Location USA MI, USA
Online Positive Feedback
Bronze
  • Joined Mar 2004
  • Posts 43827
  • Location USA MI, USA
Online Positive Feedback
Posted: 2/28/2014 4:22:03 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By alpca1541:


I agree. But by the time the IRS, the State of California, their broker and attorneys get through working them over they'll be lucky if they clear $2 mil. Still, it's a better option than possible prison time.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By alpca1541:
Originally Posted By NwG:
The family is doing things right.


I agree. But by the time the IRS, the State of California, their broker and attorneys get through working them over they'll be lucky if they clear $2 mil. Still, it's a better option than possible prison time.


I wonder if the government will use the NSA to find out who they are?
Member
Avatar
Bronze
  • Joined Nov 2013
  • Posts 1247
  • Location USA MI, USA
Offline Positive Feedback
Bronze
  • Joined Nov 2013
  • Posts 1247
  • Location USA MI, USA
Offline Positive Feedback
Posted: 2/28/2014 4:22:11 AM EST
[Last Edit: 2/28/2014 4:23:00 AM EST by TacticalHeater]
Hahaha, they totally deserved that. It's going to get taken away because they couldn't keep their yappers shut.
Give peace a chance! Or at least stand still!
Avatar
Bronze
  • Joined Dec 2008
  • Posts 8278
  • Location USA MI, USA
Offline Positive Feedback
Bronze
  • Joined Dec 2008
  • Posts 8278
  • Location USA MI, USA
Offline Positive Feedback
Posted: 2/28/2014 4:24:48 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Jerryjeff:
No shit, they should have said nothing!
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Jerryjeff:
Originally Posted By Enlightenme556:
I'll never understand why people don't just shut the hell up when things like this happen.
No shit, they should have said nothing!


They are probably Obama voters, so it would serve them right.
I'm tired of reading this horseshit. Seriously, I've come to the point where I've decided that there can never be a jury of my peers, because my peers aren't this fucking retarded.
-Subnet
Member
Avatar
Bronze
  • Joined Mar 2004
  • Posts 43828
  • Location USA MI, USA
Online Positive Feedback
Bronze
  • Joined Mar 2004
  • Posts 43828
  • Location USA MI, USA
Online Positive Feedback
Posted: 2/28/2014 4:26:03 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By TacticalHeater:
Hahaha, they totally deserved that. It's going to get taken away because they couldn't keep their yappers shut.
View Quote


Well the article does say they are selling them anonymously through Amazon.

I wonder how well that will turn out?
Tattoo'd and Voted #1 in blind taste tests.
Avatar
Bronze
  • Joined Aug 2003
  • Posts 38355
  • Location USA USA
Offline Positive Feedback
Bronze
  • Joined Aug 2003
  • Posts 38355
  • Location USA USA
Offline Positive Feedback
Military
Posted: 2/28/2014 4:27:16 AM EST
As soon as I heard this story, I knew right away that someone with the government was going to lay claim to the coins.

It is inevitable.

http://www.marinebattleherk.com
(_@___]]~~ It is better to smoke here, than here after. Grab a cigar.
"Moderation is for cowards."
RUN OCR!
Tattoo'd and Voted #1 in blind taste tests.
Avatar
Bronze
  • Joined Aug 2003
  • Posts 38356
  • Location USA USA
Offline Positive Feedback
Bronze
  • Joined Aug 2003
  • Posts 38356
  • Location USA USA
Offline Positive Feedback
Military
Posted: 2/28/2014 4:28:19 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Enlightenme556:
I'll never understand why people don't just shut the hell up when things like this happen.
View Quote



Yup.

As the facebook, twitter, instagram, snapchat, etc generations get older we are going to see more and more stupidity.

http://www.marinebattleherk.com
(_@___]]~~ It is better to smoke here, than here after. Grab a cigar.
"Moderation is for cowards."
RUN OCR!
Member
Avatar
Bronze
  • Joined Mar 2004
  • Posts 43830
  • Location USA MI, USA
Online Positive Feedback
Bronze
  • Joined Mar 2004
  • Posts 43830
  • Location USA MI, USA
Online Positive Feedback
Posted: 2/28/2014 4:28:23 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Chris_C:
As soon as I heard this story, I knew right away that someone with the government was going to lay claim to the coins.

It is inevitable.

View Quote


Yup, I'm just surprised Spain hasn't gotten involved yet.
Feeling older than I look
Avatar
Bronze
  • Joined Dec 2002
  • Posts 9197
  • Location USA VA, USA
Offline Positive Feedback
Bronze
  • Joined Dec 2002
  • Posts 9197
  • Location USA VA, USA
Offline Positive Feedback
Military
Posted: 2/28/2014 4:34:39 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Orion_Shall_Rise:
from the dates I heard on the radio these coins are far older then 1901
View Quote


Because they didn't keep older coins in the Mint in vaults.
We don't come alone; we are fire, we are stone.
Member
Avatar
Bronze
  • Joined Apr 2008
  • Posts 3100
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Apr 2008
  • Posts 3100
  • Location USA TX, USA
Offline Positive Feedback
Posted: 2/28/2014 4:42:05 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Mak:
500 coins were supposedly stolen? Over 1,400 coins were found? All you that claim these are the stolen coins must not be able to do subtraction and addition or I am missing something.
View Quote

It says 1500 coins now
"Is the Poop Deck really what I think it is?" - Homer Simpson

"A man can't just sit around" - Larry Walters. 1982
TIER 87 OPERATOR
Avatar
Bronze
  • Joined Nov 2010
  • Posts 390
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Nov 2010
  • Posts 390
  • Location USA TX, USA
Offline Positive Feedback
Posted: 2/28/2014 4:43:41 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RDak:


I wonder if the government will use the NSA to find out who they are?
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RDak:
Originally Posted By alpca1541:
Originally Posted By NwG:
The family is doing things right.

I agree. But by the time the IRS, the State of California, their broker and attorneys get through working them over they'll be lucky if they clear $2 mil. Still, it's a better option than possible prison time.


I wonder if the government will use the NSA to find out who they are?


The IRS doesn't need the NSA.
Member
Avatar
Bronze
  • Joined Apr 2008
  • Posts 3101
  • Location USA TX, USA
Offline Positive Feedback
Bronze
  • Joined Apr 2008
  • Posts 3101
  • Location USA TX, USA
Offline Positive Feedback
Posted: 2/28/2014 4:44:15 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RogueSpear2023:
The couple should have shut up and said nothing about them, then dumped them on the market one at a time.
View Quote

First time you did that, red flags would go up because of the rarity of them.
"Is the Poop Deck really what I think it is?" - Homer Simpson

"A man can't just sit around" - Larry Walters. 1982
_DR
Basic
  • Joined May 2003
  • Posts 42145
  • Location USA TX, USA
Offline Positive Feedback
Basic
  • Joined May 2003
  • Posts 42145
  • Location USA TX, USA
Offline Positive Feedback
Military
Posted: 2/28/2014 4:48:25 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By PaDanby:

The owner of stolen property always has the right to recover their property.

View Quote



Really? How do get our money back from the IRS?
Jackass Identification Specialist
Avatar
Platinum
  • Joined Apr 2002
  • Posts 39377
  • Location USA USA
Offline Neutral Feedback
Platinum
  • Joined Apr 2002
  • Posts 39377
  • Location USA USA
Offline Neutral Feedback
Posted: 2/28/2014 4:51:40 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By RogueSpear2023:
The couple should have shut up and said nothing about them, then dumped them on the market one at a time.
View Quote




It's difficult to dump a $1,000,000 coin on the market and not have anyone take notice.

Especially when you have over a thousand coins.

I don't like making plans for the day because then the word "premeditated" gets thrown around in the courtroom.
Member
Avatar
Bronze
  • Joined Aug 2010
  • Posts 3830
  • Location USA TX, USA
Offline Neutral Feedback
Bronze
  • Joined Aug 2010
  • Posts 3830
  • Location USA TX, USA
Offline Neutral Feedback
Posted: 2/28/2014 5:01:04 AM EST
What are the chances that this collection on the open market could seriously devalue someone's current collection?
NorCal gave me a shitty nickname...

...and AIDS.
Member
Avatar
Bronze
  • Joined Sep 2003
  • Posts 625
  • Location USA TN, USA
Offline Positive Feedback
Bronze
  • Joined Sep 2003
  • Posts 625
  • Location USA TN, USA
Offline Positive Feedback
Posted: 2/28/2014 5:14:47 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By leatherface_y2k:
I would make a wild ass guess that someone buried that stash in 1932 or so, whenever it was that FDR illegally "outlawed" private ownership of gold. It would be interesting to see the cans, or an analysis of them to establish when the cans were manufactured.
View Quote



Probably the equivalent of someone digging up a greased AR15 in a pvc tube in a backyard in Connecticut 20 or 30 years from now. I doubt everybody dutifully turned in all their gold when that overreach occurred. Wouldn't be surprising at all.
Giving money and power to politicians is like giving whiskey and car keys to frat boys.

Living in "Mogadishu on the Mississippi River"
Ya gotta be jackin me !
Avatar
Bronze
  • Joined Aug 2005
  • Posts 1473
  • Location USA MI, USA
Offline Positive Feedback
Bronze
  • Joined Aug 2005
  • Posts 1473
  • Location USA MI, USA
Offline Positive Feedback
Posted: 2/28/2014 5:21:52 AM EST
Do the Coins say "In God We Trust" on them?

If they do everyone else who might have a claim to them can FOAD.

"The battle, sir, is not to the strong alone; it is to the vigilant, the active, the brave." ~ Patrick Henry
Sic vis pacem, para bellum
Avatar
Bronze
  • Joined Apr 2003
  • Posts 44768
  • Location USA USA
Online Positive Feedback
Bronze
  • Joined Apr 2003
  • Posts 44768
  • Location USA USA
Online Positive Feedback
Posted: 2/28/2014 5:22:53 AM EST
the couple is fucked.
كافر
“People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf” - George Orwell
Basic
  • Joined Nov 2012
  • Posts 314
  • Location USA PA, USA
Offline Neutral Feedback
Basic
  • Joined Nov 2012
  • Posts 314
  • Location USA PA, USA
Offline Neutral Feedback
Posted: 2/28/2014 5:25:02 AM EST
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Jerryjeff:
No shit, they should have said nothing!
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Jerryjeff:
Originally Posted By Enlightenme556:
I'll never understand why people don't just shut the hell up when things like this happen.
No shit, they should have said nothing!


Just wait until the Feds demand they be turned over, as they were supposed to have been in 1933. They did this to another person who acquired old US gold coins a couple of years ago.
Proud Gravitationist
Avatar
Platinum
  • Joined Jan 2001
  • Posts 39921
  • Location USA CA, USA
Offline Neutral Feedback
Platinum
  • Joined Jan 2001
  • Posts 39921
  • Location USA CA, USA
Offline Neutral Feedback
Posted: 2/28/2014 5:26:29 AM EST
Both the state and federal governments will want them. It will be an interesting fight.
Everywhere we go, we are surrounded by people who stumble through life dependent upon the vigilance and/or kindness of others. - Zardoz
Hotdog anyone?
Avatar
Bronze
  • Joined Mar 2012
  • Posts 2940
  • Location USA USA
Offline Neutral Feedback
Bronze
  • Joined Mar 2012
  • Posts 2940
  • Location USA USA
Offline Neutral Feedback
Military
Posted: 2/28/2014 5:35:39 AM EST
Gov't says they owe half of the value. MSM is saying something like they'll owe $5M based on the value of the coins, however face value is $27,000 (not 37), and it's still technically legal tender, so I don't know if the treasure trove law applies here.

But the people still should have kept their traps shut. Money says the voted for obongo, and trusted the gov't to not rob them blind. Fucking morans.
"I would personally ram my phallus into an eye socket with the eye still present, so you could feel the sensation of it being dislodged from its original position and being pushed back into the brain"
Page / 4
Top