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 Replies: 13 / Views: 2,422 |
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Valued Member
United States
442 Posts |
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Pillar of the Community
United States
1388 Posts |
amazing story... Those were some really honest people that found them... Thanks for sharing the story  |
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Pillar of the Community
United States
3540 Posts |
WOW! That would be a great find numismatically as well. Opening a time capsule!!
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Pillar of the Community
Australia
2830 Posts |
how many times do you see someone come into CCF to ask -
"how do I dispose of Grandma's coin collection,
and get maximum price;
I don't know anything about coins;
I don't want to learm;
and I want my money now." ?
the second article, above, points out -
"How to Advise Clients Who Want to Sell Coin Collections ... At some point it's just time value of money-in-hand and ease of the transaction,"
and that's the big trade-off: maximum effort might get maximum price; minimum effort gets minimum price - what could be fairer ?
Peter
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Pillar of the Community
United States
2130 Posts |
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Pillar of the Community
United States
1204 Posts |
I must start look for a landscape job ! Thanks for the link .
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Pillar of the Community
United States
759 Posts |
Yes, nice ending.
Hypothetical: if this were in the US and the current residents were the property owners, wouldn't they legally belong to the current property owners? It's a legal question being posed, not a moral one.
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Pillar of the Community
1283 Posts |
Wow, there is absolutely no way if I found a jar of gold I would turn it in. I'm sorry just being honest about it.
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Pillar of the Community
United States
3276 Posts |
don't worry throwbackkid. there's no way I would turn it in either!
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Pillar of the Community
United States
505 Posts |
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Moderator
 Australia
16808 Posts |
Quote:
Hypothetical: if this were in the US and the current residents were the property owners, wouldn't they legally belong to the current property owners? It's a legal question being posed, not a moral one. As far as I understand it, yes, in most American states for most of the time "finders keepers" is the rule; if it's your property and you found it, it's all yours. If the government wanted to confiscate it they'd have to prove that it was, for example, the proceeds of crime. In Britain, it's not always "finders keepers". UK Treasure laws currently state that any coins found in a hoard (defined as more than one precious metal coin or more than 9 base-metal coins) that are more than 300 years old belong to the government. In this case, since the coins are less than 300 years old, ownership is still technically held by the people who buried them there (or their descendants). That's why they held a coronary inquest, to try to determine who the original owners were. If no owners had been tracked down, the coins would have become the property of the finders and current landowners. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Pillar of the Community
2222 Posts |
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Rest in Peace
United States
9104 Posts |
Quote:
how many times do you see someone come into CCF to ask -
"how do I dispose of Grandma's coin collection,
and get maximum price;
I don't know anything about coins;
I don't want to learm;
and I want my money now." ?
I've had people leave a message when I was out, and they've already sold stuff in the hour or two before I could return their call. More than once I've bought hundreds of dollars face in silver from a bank teller who got it from a depositor. "I told him he should check with a collector, but he said he didn't want to mess with it, just put it in his account." |
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Pillar of the Community
United States
759 Posts |
Thanks, Sap.
BTW, I live in Pennsylvania here and there is no "finders keepers" unless it's on property you own. If I find that jar in the wall of my house, it's mine. If I find it on my property, it's mine. If I find it anywhere else, it is technically illegal to keep it without making an attempt to find the true owner. Technically, that applies to even a dime found in a park. Now practically speaking, it turns into "finders keepers" because you can't often find the owner of a lost item. But if you can find the owner, the law says you must try. A few people have been arrested at a local casino because they spent chips found on the floor and declined to pay back the amount. Cameras allow the owner to be tracked down, in theory, so keeping them is illegal.
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Replies: 13 / Views: 2,422 |
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Posted 04/20/2011 5:16 pm
