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Tin cans filled with $10M in gold coins found buried in California

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Re: Tin cans filled with $10M in gold coins found buried in California

#21

Post by giarc »

theandrewbailey wrote: post #13
ereckers wrote: post #8

I wouldn't go public either. Somebody before them owned that property and I wonder if old relatives could give you troubles.

If it was found on your land, and the deed to that land has been in your name for several years, they wouldn't have legit claim.

I own my house but the government keeps mineral and mining rights. Gold's a mineral right?

Re: Tin cans filled with $10M in gold coins found buried in California

#23

Post by TrainedMonkey »

theandrewbailey wrote: post #12
timmclean wrote: post #10

Earlier quoted context omitted.

maybe in 50 years, new chemistry advancements could turn water to gold and make gold worthless...

maybe in 50 years, we will be mining asteroids for precious metals...

I am sure in 50 years it would be 2064 and we would be a decade away from fusion. Just kidding about fusion, I hope...

Re: Tin cans filled with $10M in gold coins found buried in California

#25

Post by pavel_lishin »

[deleted] wrote: post #24

[deleted]

The article mentions that the cans were exposed by erosion. They were almost certainly buried there to keep them safe.

And as far as forgetting... well, that's not unprecedented. Remember the guy who threw away a hard drive with 7500 bitcoins on it? http://www.forbes.com/sites/kellyphillipserb/2013/11/30/from...

Re: Tin cans filled with $10M in gold coins found buried in California

#26

Post by pavel_lishin »

theandrewbailey wrote: post #13
ereckers wrote: post #8

I wouldn't go public either. Somebody before them owned that property and I wonder if old relatives could give you troubles.

If it was found on your land, and the deed to that land has been in your name for several years, they wouldn't have legit claim.

They could still try to make a claim, and you'd presumably still have to hire a lawyer and go to court, which would be no fun at all.

Re: Tin cans filled with $10M in gold coins found buried in California

#27

Post by pavel_lishin »

theandrewbailey wrote: post #12
timmclean wrote: post #10

Earlier quoted context omitted.

maybe in 50 years, new chemistry advancements could turn water to gold and make gold worthless...

maybe in 50 years, we will be mining asteroids for precious metals...

Maybe in 50 years, we'll be mining those asteroids and Saturn's rings for water.

Re: Tin cans filled with $10M in gold coins found buried in California

#28

Post by IbJacked »

pavel_lishin wrote: post #25
[deleted] wrote: post #24

[deleted]

The article mentions that the cans were exposed by erosion. They were almost certainly buried there to keep them safe. And as far as forgetting... well, that's not unprecedented. Remember the guy who threw away a hard drive with 7500 bitcoins on it? http://www.forbes.com/sites/kellyphillipserb/2013/11/30/from...

Rather than forgotten, I would guess the owner died. Their arrangement in the cans suggest they were being saved over a period of time, which makes me think it was someone's personal savings and he simply died with no one knowing about the stash.

Re: Tin cans filled with $10M in gold coins found buried in California

#30

Post by theandrewbailey »

giarc wrote: post #21
theandrewbailey wrote: post #13

Earlier quoted context omitted.

If it was found on your land, and the deed to that land has been in your name for several years, they wouldn't have legit claim.

I own my house but the government keeps mineral and mining rights. Gold's a mineral right?

Depends on where you live. Oftentimes, mineral rights belong to the landowner. They can be sold or leased. I doubt that buried coinage/treasure would be considered a mineral.*

*I'm not a lawyer.

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