Re: Have any of you ever really found worthwhile treasure?
May 17, 2001 at 03:57:57
In Reply to: Have any of you ever really found worthwhile treasure? posted by Mark (AZ) on May 12, 2001 at 19:26:04
No I have not but I am still looking. I expect a very small percentage has found anything valued at over 1000 dollars. I am still searching and researching leads.
You can set down and try to logically locate treausre and you would be surprised at the leads which will develop. You will need to do research at libraries and archives and lots of it. Old local newspapers are a good source of info. Many newspapers existed before 1750 so they are good sources.
If you want old coins you need to visit an old site. used before 1800 for example. Secondly you need to search places where coins were exchanged or more correctly lost. Homes, picnic groves, fairs, stores, railroad stations, schools, etc ...
In the case of a cache you need to find an opportunity for one to be lost. Best kind is one with a specific reference in some publication saying coins were lost or stolen. In a fire, flood, robbery, death, war, etc ... A house burned during the civil war. A family unexpectedly killed. An old newspaper might even put in that an old miser died who was reported to have a large sum of money but none was found by the family. Likely he buried it and didn't tell where.
What is best, is some reference to a cache existing so that you do not chase empty leads. true any house burned to the ground will have a few coins but you want the one that had $100,000 in coins by today's value. Some old coins are worth in the 100,000 each if you can find them.
As an example, take the directors of US mints who selected the coins to be produced in mass. They were given the pattern coins to choose from, and these are now worth thousands of dollars each. How about finding where the mint officials lived in the early 1800s and visiting their houses today. Never know what you might find.
Any sort of boat or ship sinking or trainwreck would be good. But you will want the ones carrying a shipment of gold or silver that was not recovered. Now where do you find these. Hopefully in old records or archives. Research!
Okay here is one. I recall reading about a steamboat called the Ruby (Rubie) that sunk around 1845. I recall the article said it was within 50 miles of Mobile AL and went down in 50 feet of water. That article also said it was carrying 10,000 dollars in specie or silver coins. It was not recovered at that time. Were they ever recovered. I don’t know. Did the river change course so that the ship is now on dry land. I don’t know. I remember reading it in the news paper and I have the boat name and dollar amount right but I am fuzzy on the date and rivers name. You will have to track it down if you want to.
So where are you from.
Joe.
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