Couple finds Millions in rare gold coins

[YALE]

How the fuck can they prove it? The coins aren't serialized!

[racrguy]

surprised the gov't didn't attempt to confiscate.

nailed it!

[Forever_frost]

Next up: California still wants them to pay the taxes because they held the coins briefly

[Sean88gt]

nailed it!

Yep. Fucking idiots. They should have got that shit out of the country with promptness, then sold them through a broker to collect full value.

[DON SVO]

Yep. Fucking idiots. They should have got that shit out of the country with promptness, then sold them through a broker to collect full value.

The other, more hardcore version would be to say (after valuation) to their private coin broker: "there's no way we can sell the ultra-rare coins. They're non minted one-offs that will throw instantaneous red flags... melt those down, sell the gold from them. Sell the coins that can realistically hit market without causing a ruckus. We will give you a 10% service fee. Call us as it's getting done, we're moving to Belize."

Hindsight is 20/20

[Sean88gt]

The other, more hardcore version would be to say (after valuation) to their private coin broker: "there's no way we can sell the ultra-rare coins. They're non minted one-offs that will throw instantaneous red flags... melt those down, sell the gold from them. Sell the coins that can realistically hit market without causing a ruckus. We will give you a 10% service fee. Call us as it's getting done, we're moving to Belize."

Hindsight is 20/20

You find stashed gold from the 1800's you better be prepared to invest some forethought, they didn't, they are going to get fucked without a single kiss on the back of the neck.

[DON SVO]

You find stashed gold from the 1800's you better be prepared to invest some forethought, they didn't, they are going to get fucked without a single kiss on the back of the neck.

Especially gold coins in mint condition where the damn evaluator even says, "wow, this coin is 150 years old, it's super, super rare... period... and this one has never touched a cash register. As a matter-of-fact it appears to be a personally minted post-Civil War coin from a personal collection." ... You'd figure that might be a tip-off that you have someone else's stuff.

The flip side is that, theoretically, those coins should be given back to the family of the rightful owner.

[Sean88gt]

Especially gold coins in mint condition where the damn evaluator even says, "wow, this coin is 150 years old, it's super, super rare... period... and this one has never touched a cash register. As a matter-of-fact it appears to be a personally minted post-Civil War coin from a personal collection." ... You'd figure that might be a tip-off that you have someone else's stuff.

The flip side is that, theoretically, those coins should be given back to the family of the rightful owner.

Why? What is the statute of limitations? If giving back to the original owner, then the ORIGINAL owner should be forced to stand up and collect them. That isn't going to happen, so the current family can join current blacks and they can both bitch about how wrong the 1800's were to "them."

[DON SVO]

Why? What is the statute of limitations? If giving back to the original owner, then the ORIGINAL owner should be forced to stand up and collect them. That isn't going to happen, so the current family can join current blacks and they can both bitch about how wrong the 1800's were to "them."

There's no statute of limitations on ethics and morality, Sean. NONE.

[Sean88gt]

There's no statute of limitations on ethics and morality, Sean. NONE.

Bullshit. The finders hold no ethical or moral capital in this situation. They only fucked up by saying anything to anyone that felt the need to spoil their party.

Look up Adverse Possession - you can legally acquire title to property if you squat long enough and do so according to statute.

[Unicorn Jeff]

Bullshit. The finders hold no ethical or moral capital in this situation. They only fucked up by saying anything to anyone that felt the need to spoil their party.

Look up Adverse Possession - you can legally acquire title to property if you squat long enough and do so according to statute.

So if I find something of value like that, just don't say shit and sit on it for a while?

[lincolnboy]

well, if.they dont get to keep it, they wont lose any thing.

[lincolnboy]

[ame]http://www.youtube.com/watch?v=aNUs1A_sUCc&feature=youtube_gdata_player[/ame]

[Sean88gt]

So if I find something of value like that, just don't say shit and sit on it for a while?

Generally it's applicable to property and you have to be open about it. So possess it and say "fuck you, I'm staying"

[TeeShock]

So if I find something of value like that, just don't say shit and sit on it for a while?

How many golden dildos are you hiding up there, captain anus?