Lamar Girl Lifts up rock,Discovers Jar of Gold

[jeff of pa]

• The Parsons Sun (Parsons, Kansas)
• 31 Jul 1937, Sat
• 

 

Amazon Forum Fav 👍

DR.ÖTEK Metal Detector, Waterproof Gold Detector, Pinpoint & Terrain Modes, Professional Metal Detector - Grab it through Amazon!

[pulltabfelix]

What would that be worth today? can anyone do the calculations?

 

[jeff of pa]

I would Guess since Gold coins were Valued at $1.00 worth of Gold was in a $1.00 Gold Coin
Etc

And $1.00 a coin worth of Gold is now worth $88.09

again just a Guess but $88.09 x $675 = $59,460.75 in Gold Weight minimum ?

minus collector value of course which may put it in the 7 figure range

 

[oldkoot]

What would that be worth today? can anyone do the calculations?

it would depend I found some 2.5 dollar 1800s gold pieces years ago while detecting one of them was evaluated to be worth 10k-18k others were valued at any where between $120-$6 or $700 each I found a total of twelve in one spot with many other coins in one spot in a box under neath a house
if there is any of those that are rare and evaluated and given a good grade there is no telling melt value who knows

 

[jeff of pa]

btw 1937 ? My guess the whole thing was Confiscated ,
And a Best Paid $675 minus taxes

 

[UnderMiner]

btw 1937 ? My guess the whole thing was Confiscated ,
And a Best Paid $675 minus taxes

Yep, almost makes you think perhaps someone had been holding the coins for many years then 1933 comes along and the Fed outlaws the ownership of gold coins. No doubt many people panicked and hid thier coins. Perhaps someone hid this stash simply to keep it away from Uncle Sam. Given how easily it was found by a child, it may have only been hidden for a few years - and not as far back as the newest coin of 1906.

 

[Surf_Pirate]

cool read... suppose this spot could be located, or best yet records of family land? Most likely more buried

 

[oldkoot]

I actually had to report my find on my taxes that year because my wife worked for the IRS so we claimed them as income

 

[UnderMiner]

cool read... suppose this spot could be located, or best yet records of family land? Most likely more buried

Undoubtedly, there are probably many stashes from people who hid their gold during the Great Depression. Only problem these days is what may have once been a well-known stash beneath a boulder by a creek may now be beneath a Taco Bell parking lot.

 

[Surf_Pirate]

Undoubtedly, there are probably many stashes from people who hid their gold during the Great Depression. Only problem these days is what may have once been a well-known stash beneath a boulder by a creek may now be beneath a Taco Bell parking lot.

just a reminder I need to get my butt out to these newly cleared areas going up for development within the year

 

[CreakyDigger]

Also a reminder, keep quiet about serious finds....