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Ok which one of you found this treasure chest?

I want to know what gold coins were in it. Wish the article had some pictures of the contents. Pretty cool story.

Nick

https://www.google.com/amp/s/www.usnews.com/news/offbeat/articles/2020-06-07/forrest-fenns-treasure-hidden-in-rocky-mountains-found?context=amp

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    Namvet69Namvet69 ✭✭✭✭✭

    Maybe the finder will provide his solution after the dust settles. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

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    Coming soon to an auction house near you: "The Forrest Fenn Hoard".

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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    kiyotekiyote ✭✭✭✭✭

    I would love to see what gold pre-Columbian figures were included!

    "I'll split the atom! I am the fifth dimension! I am the eighth wonder of the world!" -Gef the talking mongoose.
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    amwldcoinamwldcoin ✭✭✭✭✭
    edited June 7, 2020 7:25PM

    I wish they could of at least told us what was in it. As far as where....the Rocky Mountains covers a lot of ground!

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    DRUNNERDRUNNER ✭✭✭✭✭

    If the discoverer goes public, (or not . . it actually doesn't make any difference) wouldn't they be responsible for taxes on the overall value of the treasure?

    Would this not be something that a searcher, spending days, weeks, months, or years looking . . . might not have thought of?

    Drunner

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    JimnightJimnight ✭✭✭✭✭

    I wouldn't say anything either!

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    @DRUNNER said:
    If the discoverer goes public, (or not . . it actually doesn't make any difference) wouldn't they be responsible for taxes on the overall value of the treasure?

    Would this not be something that a searcher, spending days, weeks, months, or years looking . . . might not have thought of?

    Drunner

    Would they be able to claim their expense hunting for it against the value of the find to lessen any tax bite?

    Successful transactions:Tookybandit. "Everyone is equal, some are more equal than others".
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    Timbuk3Timbuk3 ✭✭✭✭✭

    Quiet as a mouse !!! ;)

    Timbuk3
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    HMMMM. I ain't rich, but this gives me an idea.

    My yard needs to be re-sodded. I'm gonna bury a jar of Wheat Cents and tell everybody to search for it.

    The lawn peeps will just have to haul away the old grass without digging it up.

    Thank you for this thread! ;)

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    rickoricko ✭✭✭✭✭

    I have followed reports on the search for this treasure for many years.... Often thought of searching myself - but life got in the way....The clues were published for all to read and follow...though I must say, they were somewhat cryptic. Still... would have been fun. Congratulations to the finder and keep quiet. Cheers, RickO

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    jwittenjwitten ✭✭✭✭✭

    I've loosely followed the search. Awesome that it was finally found!

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    TurtleCatTurtleCat ✭✭✭✭✭

    I think I read about it once. Awesome that it was found. Would be more awesome if I had found it. But since I wasn’t looking I guess that isn’t unfair. :smile: I hope whoever did find it becomes interested in coins. They’d have a nice start to a collection at any rate.

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    logger7logger7 ✭✭✭✭✭

    That was really twisted, to set up a treasure hunt making so many go crazy, quitting their jobs and lives....https://www.stamfordadvocate.com/news/article/Forrest-Fenn-s-treasure-hidden-in-Rocky-Mountains-15323161.php

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    MFeldMFeld ✭✭✭✭✭

    @logger7 said:
    That was really twisted, to set up a treasure hunt making so many go crazy, quitting their jobs and lives....https://www.stamfordadvocate.com/news/article/Forrest-Fenn-s-treasure-hidden-in-Rocky-Mountains-15323161.php

    I don’t think anyone was made to go crazy or quit their jobs and lives.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

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    logger7logger7 ✭✭✭✭✭

    @MFeld said:

    @logger7 said:
    That was really twisted, to set up a treasure hunt making so many go crazy, quitting their jobs and lives....https://www.stamfordadvocate.com/news/article/Forrest-Fenn-s-treasure-hidden-in-Rocky-Mountains-15323161.php

    I don’t think anyone was made to go crazy or quit their jobs and lives.

    This was the comment in the article that stood out to me:

    "Hundreds of thousands have hunted in vain across remote corners of the U.S. West for the bronze chest believed to be filled with gold coins, jewelry and other valuable items. Many quit their jobs to dedicate themselves to the search and others depleted their life savings. At least four people died searching for it."

    It's fine if people go out looking as some no doubt did without losing their heads, I just wonder about others who got obsessed and lost a lot of their lives in a vain search.

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    rickoricko ✭✭✭✭✭
    edited June 9, 2020 4:39AM

    People make their choices in life.... the results are not always as planned/expected. Many others choose extreme sports and die.... others invest in risky ventures/investments and lose everything, while a few become billionaires....Some never take risks or venture out of their cocoon. Choices, that is the story of life. Cheers, RickO

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    Namvet69Namvet69 ✭✭✭✭✭

    Okay, getting philosophical for a mo, humans think they can practice risk management until they can't. Have a good day. Peace Roy

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52, LukeMarshall, coinsarefun, MichaelDixon, NickPatton, ProfLiz, Twobitcollector,Jesbroken oih82w8, DCW

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    I had spent a lot of free time one winter on google maps, with his poem, looking for possible places to look when time allowed...never found the time but sure would have been fun.

    I'd like to know the location where the treasure was hidden, now that it was found a few days ago. It would be neat knowing how close, or, for others who looked. Sorta put closure to the chase.

    At least to me, not disclosing adds a little suspicion that it was just found. If it was found quite some time ago, and never disclosed by the finder, and several dozen people had since checked that same location; it may muddy things up a little if you disclose the location. It could be Forrest wanted to know just as eagerly as everyone else if the treasure was still there, and he found out himself? If treasure not there; probably wouldn't want it to continue, due to some of the unnecessary chances a few people had taken which cost their lives.

    I don't know, maybe I'm overthinking this one, I probably am, I'd just like to know the location! Maybe he's waiting for the person to get home first, out of area before disclosing location, if the treasure was in fact just found? The mystery continues...

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    davewesendavewesen ✭✭✭✭✭

    @MFeld said:

    @logger7 said:
    That was really twisted, to set up a treasure hunt making so many go crazy, quitting their jobs and lives....https://www.stamfordadvocate.com/news/article/Forrest-Fenn-s-treasure-hidden-in-Rocky-Mountains-15323161.php

    I don’t think anyone was made to go crazy or quit their jobs and lives.

    I remember there was a death related to the 'search'

    and some are speculating that it was all a publicity hoax for book sales.

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    AUandAGAUandAG ✭✭✭✭✭

    I too spent a few days with maps and google. I, too, would like to know how close I was or even if I was in the right state!

    bob :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    ms70ms70 ✭✭✭✭✭

    I'll bet the finder will have to pay taxes on it.

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    logger7logger7 ✭✭✭✭✭

    searching with a metal detector, assuming that you have one that is sensitive enough, is incredibly arduous. Just one square mile, 5280 ft. with 10 foot wide stride sections would involve over 500 one mile sections right? The only way you would have a chance would be to get a target location within a relatively small area, or maybe a very sensitive aerial survey.

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    The finders were John and Mary, a pair of Sasquatches.

    :)

    https://www.brianrxm.com
    The Mysterious Egyptian Magic Coin
    Coins in Movies
    Coins on Television

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    @BryceM said:
    Oh, I’ve followed this for a long time. Cool someone found it. I’d be very interested to know where it was hidden. If I found it, none of you or anyone else would ever hear a word. :)

    A high probability it was hidden in YNP so another reason to shush up. If only he knew where it was and never returned to the site I wonder how he monitored whether it was still there or not. Must have had some sort of solar powered trail cam.

    theknowitalltroll;
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    @logger7 said:
    searching with a metal detector, assuming that you have one that is sensitive enough, is incredibly arduous. Just one square mile, 5280 ft. with 10 foot wide stride sections would involve over 500 one mile sections right? The only way you would have a chance would be to get a target location within a relatively small area, or maybe a very sensitive aerial survey.

    I don't believe it was buried so no metal detector needed. Besides it's illegal to possess one in YNP.

    theknowitalltroll;
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    @ms70 said:
    I'll bet the finder will have to pay taxes on it.

    Only if he gets his/her identity known. If I found it I thought about having the gold coins slabbed as the BAJJERFANN hoard.

    theknowitalltroll;
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    logger7logger7 ✭✭✭✭✭

    He could declare the old coins at face value for tax purposes, lol.

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    JBKJBK ✭✭✭✭✭

    Not sure on the taxability of found money. Never thought about it, never even thought about thinking about it. ;)

    Unless you are a high profile or professional treasure hunter, or one who is backed by investors, there is no reason to report anything. I don't see any upside, and plenty of downside, such as becoming a target for any nefarious person who wants to swindle or rob you.

    Vanity or ego might drive some people to publicize it, but I don't think I'd have any problem keeping my trap shut, B)

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    DRUNNERDRUNNER ✭✭✭✭✭

    Taxes . . . yes. I would presume Mr. Fenn will disclose the location as soon as he reaches a timeframe where the discoverer feels comfortable with anonymity. Why disclose your identity? OK . . . you get on Kimmel for 'scale' . . . about $475, and incur a $500k tax burden???

    Oh . . . if I remember correctly, about a year ago(?), Fenn disclosed that he had seen online that someone had walked within 10 ft. of where the box was located. Some selfie or FB post . . .

    I agree . . . the final cap to this story would be the disclosure of where it was located . . . NOT the identity of the discoverer.

    Drunner

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