You found the Mother Load, whats your next step?

Nov 8, 2004
14,582
11,942
Alamos,Sonora,Mexico
Primary Interest:
All Treasure Hunting
Sorry Hoosier, you are talking about multiple FELONIES. You can thank the laundering of money by the narco cartels for this. Almost all countries are subject to this. Remember, this includes exporting from the US without a declaration and permit, Yer INTERPOL bait then.

Of course you might try to work with the cartels, but, for some reason, I don't think that it would pay, except for them.

Don Jose de La Mancha
 

Goodyguy

Gold Member
Mar 10, 2007
6,489
6,895
Arizona
Detector(s) used
Whites TM 808, Whites GMT, Tesoro Lobo Super Traq, Fisher Gold Bug 2, Suction Dredges, Trommels, Gold Vacs, High Bankers, Fluid bed Gold Traps, Rock Crushers, Sluices, Dry Washers, Miller Tables, Rp4
Primary Interest:
All Treasure Hunting
:idea1: Ok.... here's what you do...... send it to me....see I know this guy....see
Who knows somebody....see And all I want is a small percentage 8)
 

goverton

Sr. Member
Oct 9, 2010
407
45
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All Treasure Hunting
Ma and Pa Math!

Here is how you can divide your Loot Up! :laughing9:

 

freddy williams

Hero Member
Oct 9, 2010
882
92
Alabama/ Ohio
Detector(s) used
GTI-2500, Whites V3, xplorer XS Cortes & XLT Cibola Tesoro Tiger shark Now using a Xterra 705, Ace 350...
Primary Interest:
All Treasure Hunting
If it is in the water dive about 1/8 mile away swim to the site, retrieve it then swim back to your boat Leave someone on the boat fishing so it doesn't look obviouse with a empty boat sitting there, Load up and leave if it is silver or gold just melt it down so the spanish cannot claim it then sell it. No proof of the treasure just your own silver and gold igiots. Since big brother probably reads everything on this site... You either have to pay taxes on what you sell or find a private investor. HH everyone
 

aussie 1

Full Member
Aug 4, 2008
152
15
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Say theoretically I knew of a dozen caches of spanish gold and nobody would believe me and being on state land I couldnt retrieve any of it without permission. If I could crack one without being interupted , produce proof to the authorities with a sample ingot as an example to enable me to crack the other eleven caches and finish the one I was successfully working on would that work with the authorities ??? Max
 

Nov 8, 2004
14,582
11,942
Alamos,Sonora,Mexico
Primary Interest:
All Treasure Hunting
Sorry aussie: the state would look upon that the same as having just stolen that bar from the treasury and you are jail bait. Make your deal before digging it up. If you can't, then it is practically sure that you would be jail bait. !! Heck in the US you do not own the rain that falls on your property, that now belongs to the state.
Don Jose de La Mancha
 

Frankn

Gold Member
Mar 21, 2010
8,711
2,989
Maryland
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XLT , surfmaster PI , HAYS 2Box , VIBRA-TECTOR
OK here is your different answer. I have given this serious thought.
You can't keep it secret unless you are willing to constantly change your location so no one notices your standard of living is constantly rising. If you are not able to do this, here is an alternative. Say you found about $1M worth of gold coins cached. Construct a cover story that can not be easily cross checked or claimed upon like I found them in a small wooded area on my property. Now, place about $100K worth of the coins in an auction and pay the tax on them. When your standard of living goes up, You are covered by the sale of the coins. By the the way only buy with cash, it is untraceable! Now travel around a bit and as you do stop in coin shops and sell off other coins for cash only, no paperwork! This way you can live like a king and be invisible at the same time.
 

calisdad

Bronze Member
Sep 8, 2010
1,237
442
Groveland, CA
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All Treasure Hunting
Real de Tayopa Tropical Tramp said:
Sorry aussie: the state would look upon that the same as having just stolen that bar from the treasury and you are jail bait. Make your deal before digging it up. If you can't, then it is practically sure that you would be jail bait. !! Heck in the US you do not own the rain that falls on your property, that now belongs to the state.
Don Jose de La Mancha

Not exactly Don Jose. I've heard that is true in Colorado but that's the only state that I know of. The water wars are upon us but the volleys are quiet and subtle.

Frankn, I like the cover story idea. Now all I need to do is find a sizeable cache. BTW- the tax angle is what the medical marijuana industry is using to stay out of jail. If the state accepts taxes from MM then they can't prosecute as they are complicite in the 'crime'.
 

Frankn

Gold Member
Mar 21, 2010
8,711
2,989
Maryland
Detector(s) used
XLT , surfmaster PI , HAYS 2Box , VIBRA-TECTOR
Yea, that first part, the find, is the hardest, but if you do it right, all the other finds after that are playtime!
 

olepossum

Hero Member
Apr 9, 2008
939
27
st. joseph missouri
Detector(s) used
old school whites cion master 6/db and dfx 300 ace 250
melt it down sell by the ounce drive all over the state and out of state dont worry about gas money gold is 1,454.45 a oz and silver is almost 35.00 a oz
 

Connecticut Sam

Bronze Member
Sep 28, 2007
1,797
142
Primary Interest:
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It is very tough choice. I try to get the owner permission and many times that I am refused. The best thing is to tell the owner that you are seeking single coins to help pay for you detector and have the owner sign a agreement for every type of treasures, small and large. Let us know how you make out. Good luck.
 

Red Heeler

Newbie
Feb 4, 2012
3
0
Primary Interest:
Other
Not exactly Don Jose. I've heard that is true in Colorado but that's the only state that I know of. The water wars are upon us but the volleys are quiet and subtle.

Makes me gald to be a Native tht has thouroughly explored the state, winter and summer. From snowcats on top of the divide to rafts in canyons of the odlest exposed parts of the ancestrel Rockies, here before the current.

What do they know? Nothin' like The All Seeing Eye and Roman Fasces on your state seal.. Yea, bring that fasces my way, mofo, and see if I make you eat that fasces.
Here is our state seal. It was our state flag around the time of teh Scarle shadow, btw.:
 

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Red Heeler

Newbie
Feb 4, 2012
3
0
Primary Interest:
Other
Didn't get your water wars thing, but there have been many in Colo. People have died over water rights here. There are two states in the Union. Well, more like A fededral fascism/socialism thing than a Union these days. Anyway, there are two states in the Union who's water they consume falls within their borders. One is Hawaii. The other is Colorado. Colorado controls many rivers. With the exception of the small part of the green river in NW Colorado, every river in Colorado starts in Colorado. Colorado is THE Water Wars stae. There are more water lawyers in Colorado than any other state. Water Wars. Caches...

Aussie, there ain't Spanish Gold in Austrailia, but there is in Colorado. Let me know.
 

maipenrai

Bronze Member
Nov 11, 2010
1,151
242
Thailand/Europe/California
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Excalibur 2 1000
Primary Interest:
All Treasure Hunting
Man, I didnt know there were so many freedom loving treasure hunters here, that would love to go to prison for a few years. Could it be that I watch too crime stories, and read too much? Gold is traceable, and it doesnt matter how much you melt it, coins are traceable, do you really believe that if the police go to a coin shop, that the owner is going to keep quite about you? He will sing until his teeth fall out. Your wife will even try to get her share, when the time comes.
And the idea that not showing your wealth is not going to happen. What is the use of going after a treasure, if your not going to spend it? Could you have a million dollars in gold, and not spend it, I dont think so. You buy a new car, for cash, and it will probably be reported. Too many ways to get caught, if its a big treasure, and how many of us even have the connections to sell something like that? As the Tropical Tramp pointed out, there are many crimes that you could be prosecuted for. Yeah, some people manage to stay under the radar, but are you willing to take that chance? At least you wouldnt have to worry about your wife, there will always be someone to take care of her, while your doing your 5 years!

Get a lawyer that deals with this sort of situation, sure, he needs to be paid, the gov needs to be paid, much better alternative than selling it to the mafia, thats really using your imagination!!! Do you have mafia connections?

I know of some divers that found a couple old cannon, so they had the clever idea to say they were from international waters. Well the museum already knew the spot where the cannon probably were from, so they sent divers to check, and of course, no cannon, only there outline in the hard bottom.

How about getting real.
 

Treasure finder

Sr. Member
Apr 4, 2006
464
60
Los Angeles
Detector(s) used
Garrett Infinium, Compass Gold Scanner, Maxi Pulse, Gardner with a 3 foot loop, PDF1000, & Dowsing rods,
If you find the MOTHER Load, make sure UNCLE SAM is not looking over your shoulder.
 

Curtis

Hero Member
Sep 3, 2008
900
1,010
Cincinnati
Primary Interest:
All Treasure Hunting
Let's say it’s a great coin cache and they are rare..Maybe you have 12 very rare ones…get a few people you can trust and have them go to surrounding cities for you and negotiate and sell them all at the same moment on the same day --an organized time for everyone to sell...Otherwise when there is mention made that you have 12 the price will go down.
You have to make a choice..pay taxes or not? If you want to skip the taxes you might not get as much for the coins because the buyer has to pay taxes on the profit he makes…if he doesn’t have a record of you then he cannot establish a biases for the profit and has to pay a higher tax on the worth not subtracting wt he paid you..so you get less money many cases 50 percent of the worth…however if you sell them at one of the nice online auction houses and pay taxes you get the top price in an auction, then you pay taxes depending on your tax rate for how many you sell ..if you are in the 35 percent bracket you come out way ahead and don’t have to worry about lookin over your shoulder for the IRS..who will come and take it all plus more if you do not report it and they find out. Plus there is the guy who bought your coins..he may blackmail you after you sell a few and don’t pay the taxes…you get between a rock and a hard place as grandpa use to say. Good luck either way!
 

truckinbutch

Silver Member
Feb 15, 2008
4,607
1,036
Morgantown,WV
Detector(s) used
Bounty Hunter Landstar
If you got to wear a windfall on your sleeves and on the steering wheel you are holding then you don't deserve to keep the windfall long .
Low profile , tight mouth , and shrewd marketing are the keys to peace and harmony . Losing a bit in exchange rates is rather negligable when dealing with 'found money'.
Those greedy enough to hold out for the last buck are the ones that step on their own cranks .
 

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