Caches Found And Caches Waiting To Be Found

Honest Samuel

Banned
Sep 23, 2015
8,814
4,969
Connecticut
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Minelab
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All Treasure Hunting
With due respect, you are wrong my friend. When you win at the casinos you win cash in a business. Of course, the casinos will take the taxes out because it is the law. When you find large treasures of coins and jewels, you sell the treasures, then pay your taxes. In Connecticut, we have state income taxes which is outrages. Good hunting and good luck.
 

Curtis

Hero Member
Sep 3, 2008
898
1,008
Cincinnati
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No not after you sell it. Read the IRS site...you pay taxes on it in the year you have undisputed ownership of the treasure!!Big difference. They will get you with a huge penalty if you have undisputed ownership for 5 years then sell it and they find out!! penalties and interest! could be more than the treasure if you wait a long time.
 

Limitool

Gold Member
Jun 9, 2013
5,154
6,580
Middle TN. area
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White XLT Spectrum E-Series
Primary Interest:
Metal Detecting
I still advise just keep one's mouth shut and avoid all the hassle. But I know it's hard for some who want to share and the "glory".
 

Charlie P. (NY)

Gold Member
Feb 3, 2006
13,003
17,106
South Central Upstate NY in the foothills of the h
Detector(s) used
Minelab Musketeer Advantage Pro w/8" & 10" DD coils/Fisher F75se(Upgraded to LTD2) w/11" DD, 6.5" concentric & 9.5" NEL Sharpshooter DD coils/Sunray FX-1 Probe & F-Point/Black Widows/Rattler headphone
Primary Interest:
Metal Detecting
If you find any type of treasures, you have to pay taxes only after you sell it. Good hunting and good luck.

Except cash. That is revenue when you find it.
 

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goldenrecoveries

Full Member
Oct 6, 2014
126
202
I Forgot
Primary Interest:
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Fanny.jpg
 

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goldenrecoveries

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Oct 6, 2014
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In Lamar County, Texas there is the story of a Mexican mule train consisting of eleven burros loaded with gold that was attacked by Indians. Just how many mules do you have to have to have a “mule train” anyway? The unlucky members of this Mexican caravan were traveling on the old Spanish Santa Fe-Natchitoches Trail that ran along the Red River on the Texas side. There were only three survivors of the attack and they fled back to Louisiana and never tried to recover the gold.

There are two competing stories about what happened to the gold. One says that the gold was hastily buried along the Red River about 22 miles northwest of Paris, Texas and the other says the gold was dumped into an off-shoot of the Red River which in it’s present state would be Palmer Lake.

There is the story of an old Mexican army officer who had come to the area and camped for a while. It was said the army officer had a map he had gotten from one of the survivors and was looking for the gold. Apparently, he left emptied handed.

To add fuel to the fire, while working in his field a farmer plowed up skeletons, gun barrels and other relics of the massacre in 1835. These were found on a farm once known as the Rutherford Farm, located approximately twenty-two miles from Paris, TX.

In 1900 even more relics and human bones were found on a farm near Palmer Lake. This farm was known as the Crain Farm and was located northwest of Forest Chapel.

If you are planning on looking for this one you will want to do some more research to narrow down the location. You might also want to learn how to scuba dive just in case the gold is in the lake!

In 2005 there was an amateur documentary about a couple of Texas locals that took a backhoe to the then dried up Palmer Lake looking for this treasure. I haven’t seen the documentary and don’t know how this dig turned out. If you are interested in this treasure you might want to find out more about the documentary. It was titled “Pay Dirt: The Lost Treasure Of Palmer Lake”.

This is in Texas / here is the Vid
 

foiler

Sr. Member
Mar 17, 2013
395
389
Kansas
Detector(s) used
Fisher, Wilson-Neuman, Whites, Minelab, Tesoro and others I've long since forgotten
Primary Interest:
Metal Detecting
I see nuthink, I hear nuthink, I say nuthink.
 

jmcka6411

Newbie
Apr 7, 2017
3
9
Primary Interest:
All Treasure Hunting
Hello. My name is James and I'm ...

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James - this is not the thread to post this request - so I have removed your entry.
 

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goldenrecoveries

Full Member
Oct 6, 2014
126
202
I Forgot
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April Fools Day 1932 - Did this pioneer bury money? They dug 20 ft deep and didn't find anything. but sounds like there could be some truth to this story. With a deep seeking metal detector ......................


chaffee.png
 

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goldenrecoveries

Full Member
Oct 6, 2014
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date.png Fort Scott Ks

Is there still more here? There is no info that I have that any more gold is here ..... BUT ........ it was a pretty common practice by people who buried money to hide more than one catch. If I lived near this location I would do a land record search to see where this property is, and do some searching.



fort.png

And of course conflicting info from an article about a month earlier

fort2.png
 

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