Does anyone know of a place I can buy or read about the current treasure trove laws. I can't find crap on-line.
Any help would be great appreciated .
Any help would be great appreciated .
TReasure TRove Laws of the US
- Thread starter lates
- Start date
Jeffro
Silver Member
lates said:
It varies on state and federal land. There doesn't seem to be much consistancy from place to place and ANY case in court can go either way. One instance where buying the best lawyer is probably the best bet.
Actually the best bet is never even reporting anything found if it's worth a bunch.
FinderKeeper
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I disagree, If you located a large object worth a lot of money you stand to make more money by doing it by the law. Think about it , we did and we could get up to 50% reward 
on anything at the appraised value . If someone found gold bars and tried to sell them on the black market , how much do you think you would get if they paid you at all, and who could you call if they didn't. 
Then if you melted it down and sold it , the Feds and IRS will wonder how you got your money 
They will keep track of your bank account to see if you are into drugs or laundering money. NOT WORTH IT O ya you plan to keep the money at home 
a stupid thought. Now if we do this by the law we get movie and book rights, TV shows and we get a reward but not just on the price of the gold but also the collectors price and if the gold has a history behind it , that will drive the price way up. A historical find should end up in a Museum and not melted down. I will report all of our finds and we will sleep at nights and not worry about the IRS or Feds breaking down the door and going to jail. If all Treasure hunters would follow this rule I am sure the states would open more land . Think about it, what would you do 
on anything at the appraised value . If someone found gold bars and tried to sell them on the black market , how much do you think you would get if they paid you at all, and who could you call if they didn't. Then if you melted it down and sold it , the Feds and IRS will wonder how you got your money They will keep track of your bank account to see if you are into drugs or laundering money. NOT WORTH IT O ya you plan to keep the money at home a stupid thought. Now if we do this by the law we get movie and book rights, TV shows and we get a reward but not just on the price of the gold but also the collectors price and if the gold has a history behind it , that will drive the price way up. A historical find should end up in a Museum and not melted down. I will report all of our finds and we will sleep at nights and not worry about the IRS or Feds breaking down the door and going to jail. If all Treasure hunters would follow this rule I am sure the states would open more land . Think about it, what would you do Top Member Reactions
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