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Couple discover 1950s suitcase packed with $23,000 hidden in the walls of their home while renovatin
JazzmanJAB
Posts: 1,026 ✭✭✭✭
$20.00's, $50.00's & $100.00's
[L=Read Here]http://www.dailymail.co.uk/news/article-3852652/Couple-discover-1950s-suitcase-packed-23-000-hidden-walls-home-doing-renovations.html[/L]
Crazy Find.
2
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Very cool, but I would not have told a soul about the find.
In honor of the memory of Cpl. Michael E. Thompson
shhhhhhhhhhh.
bob
Any collector value in those bills? Seems like there's at least a few dollars over face there.
It's a lunch box and yes quite a few of those bills are worth more than face. Hope they didn't just deposit into the bank.
Even depositing them should raise some suspicions because of their age.
MY COINS FOR SALE AT https://www.pcgs.com/setregistry/collectors-showcase/other/bajjerfans-coins-sale/3876
if true, that's cool. Some people are stupid AND lucky.
Why talk about it? Why bring the media in on it?????????
Yes!
Reminds me of an old expression:
'The dumber the farmer......the bigger the potatoes.'
“I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~
My Full Walker Registry Set (1916-1947)
https://www.ngccoin.com/registry/competitive-sets/16292/
Yes, that is indeed a 'lunch' box.......Who would call that a suitcase ?
Great notes though, looked pretty cool.
I want to get myself one of those "Earl Scheib" paint-jobs on my car at 29 bucks.....
Finders, keepers.
my early American coins & currency: -- http://yankeedoodlecoins.com/
The 50's and 100's especially if Gem CU worth much more than face. I believe many would keep it quiet and not blab.....
I would keep it quiet, wb worried about some prior owner or heirs making claim, finders keepers for me....
Back in the 50s, $23,000 could have bought 2 houses in Cleveland. These days it would only buy one and a half.
Soon to become known as the "Lunch Box Hoard". Sale coming soon to an Amazon site near you.
taxa's...?
I found a rat skeleton in a wall when I was renovating my old house. Not as good a find.
I want to know more about the banana
You never know what you will find in the walls of houses/buildings.
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Really interesting... and a gold certificate?? Wow.... and this should NEVER have made the news.....Cheers, RickO
There's so much more to this story. All bills were from 1928-1934 but the newspaper is dated March 25, 1951. House was built in the 1940's. Someone installed a drywall ceiling in the basement after the house was built. Was there an assess ceiling door to the money or was it intentionally sealed up in the ceiling with drywall? Bank robber loot, hit money, a payoff of some kind. Are the bank notes numbers in any kind of sequence? If someone didn't want to be caught/connected to this money, why not just burn it? Unless they thought it could be used again in the underworld of mafia crime. Yeah, I think there's something very bad connected to this money.
Leo
The more qualities observed in a coin, the more desirable that coin becomes!
My Jefferson Nickel Collection
I recall a similar story from here in Ohio a few years back. A handyman hired to do some work in a home found a stash of old currency in the house he was working on. He and a buddy took the cash and were discovered after going around town buying things, including a new pick up truck, with the old currency. I am thinking it was over $100k face value but I am not sure.
Same here, if that was me, it wouldn't have made the news.
My YouTube Channel
Story looks legit.... undisturbed dust on all of case .. but dumb people will now have to cough up taxes on their find..LOL
WOW.........Earl Scheib painting cars for 29.95 in 1951...........He was still charging the same in the late 70's
Steve
the irs is on there way over now
Interesting tidbit from a Google search that I did not know. Fingerprints can be lifted from paper currency. Wonder if this will be attempted with this stash to possibly establish a connection with someone.
Boy some people sure are stupid. I would kept it a total secret and would have sold a few notes at a time to dealers at shows for cash or trade on coins or bullion. Then just add the coins to my collection-NO one would have known. The person who put them there is likely deceased by now. I may have also just bought a few more notes so dealers would think that I have been collecting for years and then sell them all. There are many easy ways to hide such findings.
Maybe so but I don't think very many people were finger printed in 1951. Very low chance of finding a connection here.
Should someone be unwise enough to try, are national bank notes technically even redeemable at face value?
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
Looks like he could use some Kreml.
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars
That's what I did when I found $23,000 in the walls during a home renovation! Kept quiet about it.
Wait, what? oh doggonitall!
Very good point. Some people apparently like giving 40% away.
My YouTube Channel
No up, no extras!
I used to see those commercials all the time during reruns of Superman. Maybe Flash Gordon. There was even a shop close where to where I used to live, and I remember the infrared lights that used to bake the finish on the cars...
The stash was found in basement rafters, above a dropped ceiling. Where did the OP read that it was in a wall ?
"Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
http://www.americanlegacycoins.com
"All bills were from 1928-1934"
This came from bootlegging, doncha know. It was hidden because it was illicit money.
Final worth was $23K, so maybe it was $8-10K in bills? Now, if I had found $100K in bills, I'd gladly show off (and pay taxes) on $10K of it, so when I sold off some of the other bills, I wouldn't attract any attention. Just point to the news story, and say it was from that stash! Just sayin'...
Really cool story, and what collector wouldn't want to have this happen? Tho like barndog, I have my doubts. Seems a little too pat to be true. Regardless, if true, they would've done better to disperse quietly -- maybe selling off at shows, trading for gold coins at shows, what have you. But, that's coming from a collector; we all would have an interest and knowledge base in either keeping them, or exchanging for coins/selling at shows, etc. The average person finding such a windfall might not have clue 1 as to how to go about it.
May it someday happen to me!
Yes, they are.
Now days they'll be lucky if the cops don't confiscate it as drug money.
The only thing I found remodeling the basement of my first house was a couple mummified mice and one 1947 silver quarter (between the staircase and fireplace).
I wouldn't have said a peep, now they have a lawyer involved, thank goodness for that, smh.
Yes, he will take a larger portion than the government.
“I may not believe in myself but I believe in what I’m doing” ~Jimmy Page~
My Full Walker Registry Set (1916-1947)
https://www.ngccoin.com/registry/competitive-sets/16292/
I agree with most posters here. I would have brought them to a show, blown them out and turned the money.
Really unwise to spread the news about it.
I don't understand the upside to doing that.
The other risk in disclosing the find is that it seems likely the money was stashed long ago due to criminal activity. The finder could lose the whole lot if it gets connected to a bank robbery, money laundering, etc. After the government finds a reason to confiscate the entire $23k, the finder still has to pay his/her lawyer.