Treasure or Trouble

[Bonaro]

I found this story. Its old but and has been discussed years ago but I thought it may stir some lively opinion.

Question: Assuming this treasure actually exists, what is the legal ownership situation?

Please hold the obvious "haul it out with a flashlight" comments

https://azdailysun.com/man-says-he-...A6wAbqvDrP_tfWflcyzPlUnI1JJrUnXTOnKyJDliJCeu0

 

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[SD51]

Assuming the story is true, the founder obviously asked the ownership question up-front and was told he gets nothing. So, he told them, "Since I get 0% for showing you where it is, you get 100% of nothing!" Don't blame him!

 

[Reed Lukens]

Sounds like he should have talked to the US Army and made a deal. He obviously didn't talk to the right people and then took the gold bars, melted them down into small buttons, then laundered them legally more or less by selling them at spot and paying the taxes on them... right?
I know a guy that found a Wells Fargo chest full of coins that got the same answer from Wells Fargo. He lived happily ever after also

 

[Goodyguy]

He also could have sold the info to a third party, that way he would have plausible deniability.
Like many found treasures, silence is GOLDEN!



GG~

 

[Rookster]

Nice post.

 

[Treasureman25]

These types of things get me revved up... should be finders keepers losers weepers!!... if governments want their flipping treasures back then why don’t they have people working full time to recover them? ? Or maybe they do?? Idk.. either or in my opinion if you find whatever you should be able to do with it as you wish...greed is so disgusting

 

[releventchair]

http://www.treasurenet.com/forums/treasure-news/8675-update-50-million-gold-bars-utah.html

 

[ARC]

I thought treasure and trouble meant the same thing.

They can be one in the same.

 

[SD51]

These types of things get me revved up... should be finders keepers losers weepers... if governments want their flipping treasures back then why don’t they have people working full time to recover them? ? Or maybe they do?? Idk.. either or in my opinion if you find whatever you should be able to do with it as you wish...greed is so disgusting

And the article states that the cave is located on public land...

 

[Johnnybravo300]

I never understand why these people have such big mouths. Theres too many ways to get around telling anyone and just sell a little at a time.

 

[GoldieLocks]

Is suspect most of these treasures were very worth finding by the Gov't long-ago. Thus he is not being truthful, it isn't there.

 

[Bonaro]

Considering this was located on public land, could a claim be filed giving the claimant ownership to the minerals?

 

[Goodyguy]

Considering this was located on public land, could a claim be filed giving the claimant ownership to the minerals?

Short answer is NO!

Undiscovered raw minerals are one thing, but once gold has left the ground and has had ownership as well as historical significance different rules/laws apply.
Click here: The Antiquities Act of 1906



GG~