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7 Million In Gold Found In Deceased Person's Home

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copper nickel daddy's Avatar
United States
2224 Posts
 Posted 09/18/2012  05:38 am Show Profile   Bookmark this topic Add copper nickel daddy to your friends list Get a Link to this Message Number of Subscribers
I'd like to look through some of this stash! Imagine keeping all of this lying around the house. Crazy!

http://usnews.nbcnews.com/_news/201...ns-home?lite
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ram96's Avatar
United States
417 Posts
 Posted 09/18/2012  06:00 am  Show Profile   Bookmark this reply Add ram96 to your friends list Get a Link to this Reply
The State is probably hoping it can't find a legit heir even though they located a first cousin. That would be quite a windfall. Hopefully the coins were stored in a preserving manor but it does not sound like it if they took the gold out in a wheelbarrow.
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Thailand
1509 Posts
 Posted 09/18/2012  07:33 am  Show Profile   Bookmark this reply Add thai-vic to your friends list Get a Link to this Reply
Hey, that's my uncle Walter that my father was always telling me about. Now how do I get in touch with the authorities? :-)
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 09/18/2012  09:45 am  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
WOOOOOOOOOOOOOOOOOOOW!!

Wouldn't it be nice to get that in a will! Wonder how long he had it for, and if he had it a long time, why he didn't sell when gold was up @ 1900$

Thanks for sharing!
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52Raymo's Avatar
United States
8515 Posts
 Posted 09/18/2012  10:15 am  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Hoarders never sell.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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ragpicker's Avatar
United States
198 Posts
 Posted 09/18/2012  10:27 am  Show Profile   Bookmark this reply Add ragpicker to your friends list Get a Link to this Reply
If you buy the house, you might find even more gold as he didn't like the government. Most likely he hid a bunch too.
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614 Posts
 Posted 09/18/2012  10:31 am  Show Profile   Bookmark this reply Add tzarmarko to your friends list Get a Link to this Reply
Just imagine how high that house will go for.....
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Conder101's Avatar
United States
17884 Posts
 Posted 09/18/2012  11:03 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
why he didn't sell when gold was up @ 1900$

For the same reason people BOUGHT when gold was in the $1900's, because they thought it would go higher.
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JackB's Avatar
United States
1064 Posts
 Posted 09/18/2012  11:26 am  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
As distrusting as he sounds, I'm surprised he had $200 in a bank account!
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stud722's Avatar
United States
1088 Posts
 Posted 09/18/2012  11:35 am  Show Profile   Bookmark this reply Add stud722 to your friends list Get a Link to this Reply
Wow what a find. THat is amazing
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allranger's Avatar
United States
1391 Posts
 Posted 09/18/2012  2:39 pm  Show Profile   Bookmark this reply Add allranger to your friends list Get a Link to this Reply

Quote:
why he didn't sell when gold was up @ 1900$


I am pretty certain there is no shop in the United States that you could just walk into with a wheelbarrel of gold and walk out with a seven million dollar check. Maybe I am wrong that that would be a lot of cash on hand.
Most shops don't like to buy to much either when there is a spike because it might go down again soon.
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acloco's Avatar
United States
3540 Posts
 Posted 09/18/2012  4:42 pm  Show Profile   Bookmark this reply Add acloco to your friends list Get a Link to this Reply
....and...if you sold that much precious metal at one time, the buyer would want a discount for buying that much. Better off to sell a few pieces at a time.
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basebal21's Avatar
13014 Posts
 Posted 09/18/2012  6:57 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
Im pretty sure he was buying gold not to try and make money but because he thought the dollar was doomed. He wasnt going to sell the gold for any price since he thought it had real value. My guess is he was expecting the economy to collapse in the near future
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 09/18/2012  7:00 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I'm guessing the inheritor will get the house, too, and if you don't think he's going to take the place down to bare studs, you're probably wrong.
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noahs-numismatics's Avatar
Canada
3167 Posts
 Posted 09/18/2012  9:42 pm  Show Profile   Bookmark this reply Add noahs-numismatics to your friends list Get a Link to this Reply
It would be fun to buy the house and try to search around for some bullion. (assuming you would find some...)
TREASURE HUNT!
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enworb's Avatar
Australia
4411 Posts
 Posted 09/18/2012  9:54 pm  Show Profile   Bookmark this reply Add enworb to your friends list Get a Link to this Reply

Quote:

Hey, that's my uncle Walter that my father was always telling me about. Now how do I get in touch with the authorities? :-)


Sorry thai vic I think that might be my long lost father which would put me higher in the pecking order. Did you happen to get in contact?
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