Hypothetical question re: gold coins found on Federal land

[Tesorodeoro]

All of this is a cool idea but don't forget, if you ever tried to sell them you would have to be very careful because they are coins that never saw circulation, from a country that only existed for 4 year, if authentic, anyone is going to be asking you where you got them.. that could be an issue..

Its like the guy that bought a storage unit with $8,000,000 in a safe, technically it was his because he bought the unit, but you can't exactly carry $8,000,000 into a bank and deposit it without a shitload of red flags..
(he returned most of it to the owner and kept 1.5 MIL I think)
You could hide it under your bed and worry for the rest of your life if someone would ever find out and come for you.. hahaha

Most folks would say they found them at the base of a tree on their property while walking their dog. All stacked neatly in a rusted can.

 

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[Tesorodeoro]

These are fun threads because nobody will ever know for sure if you’re pulling their leg.

 

[russau]

AND valuable coins ,paper money jewelry ETC. that have placed or hidden for safe keeping still belongs to the owner if they are still alive, if not it would go to the relatives that are IF they could prove that they are descendants of that original owner. according to lawyers . Now if it was lost , dropped and you find it CONGRATULATIONS to you ! I am NOT A LAWYER But this is what I heard from a case that got onto the internet some years back ! And another thing! Don't come looking in my yard for a secret hiding spot cause my wife is making sure I don't have any loot to bury ! Have a good one my friends!

 

[Tesorodeoro]

AND valuable coins ,paper money jewelry ETC. that have placed or hidden for safe keeping still belongs to the owner if they are still alive, if not it would go to the relatives that are IF they could prove that they are descendants of that original owner. according to lawyers . Now if it was lost , dropped and you find it CONGRATULATIONS to you ! I am NOT A LAWYER But this is what I heard from a case that got onto the internet some years back ! And another thing! Don't come looking in my yard for a secret hiding spot cause my wife is making sure I don't have any loot to bury ! Have a good one my friends!

Actually, it doesn’t go over well here, but by the law if you find property that’s not yours, it’s a crime to not turn it into police. It’s theft. So say you drop your wallet and someone finds it and keeps it, or you leave a chainsaw in the woods and someone takes it home. It’s theft because you didn’t legally attempt to find the rightful owner.

Like I said- a statement like that at a metal detecting forum typically prompts all kind of arguments about picking up a quarter in the parking lot or finding a ring at the beach.

 

[Limitool]

Actually, it doesn’t go over well here, but by the law if you find property that’s not yours, it’s a crime to not turn it into police. It’s theft. So say you drop your wallet and someone finds it and keeps it, or you leave a chainsaw in the woods and someone takes it home. It’s theft because you didn’t legally attempt to find the rightful owner.

Like I said- a statement like that at a metal detecting forum typically prompts all kind of arguments about picking up a quarter in the parking lot or finding a ring at the beach.

I 100% get what you mean above and have no argument with most of it. But how is that "law" ever enforced let alone known broken? The only way I can see is if the thief themselves announces it...? But I don't see the finder having any "legal obligation" to find the owner. Surrendering an item or find to law enforcement possibly but no legal obligation on finder I feel. A moral one... hell yes..!

But.... just say anyone finds the old gold coins like in the OP or under a flat rock deep in a woods near a cave entrance. Coins are around 150 years old now. Nobody dropped them. You just discovered them with an MD or stumbled upon them exploring. And nobody is "looking" for them nor have they been turned in by someone who lost them. Nobody in real time even knows their there now. 1.5 centuries ago somebody put them there and you happened to have found them. I'd say nor document absolutely nothing concerning this. Especially a $250,000+ find nobody is looking for.