Money hidden in a wall

Discussion in 'Coin Chat' started by johndo, Dec 13, 2007.

  1. johndo

    johndo New Member

    Morning Express wiith Robin Meade.

    Contractor, homeowner fight over hidden money
    A contractor who helped discover bundles of Depression-era U.S. currency totaling $182,000 hidden behind bathroom walls said the homeowner should turn the money over to him or at least share it. She offered him 10% as a finders fee but he turned it down citing the finders keepers law.

    http://www.cnn.com/CNN/Programs/robin.and.company/

    John
     
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  3. Bonedigger

    Bonedigger New Member

    It's simple thievery, I would take the contractor to court. When I got our house re-roofed (bad storm) a few years ago I made a point to check the contractors truck everyday when they left after I caught them driving off with a a couple of (for lack of better words, LOL) old 'wrought iron' house gable decorations. Yes, the roofers crew got in thru the roof...

    Sue his @$$ off
    Ben
     
  4. johndo

    johndo New Member

    I agree that it is the homeowners property and have no problem saying that. Atleast the contractor was honest enough to tell her that he found it, I'm a builder/remodler it would very easy to take it out with the debree and she wouldn't have known, atleast right away. Sounds like she might have a little greed or $$$ signs in her eyes and him to.

    John
     
  5. Bonedigger

    Bonedigger New Member

    Old House Old Lady, tell me that her husband or another family member had stashed the money away for a rainy day. Remember, it was during the depression and cash wasn't worth the paper it was written on THEN...
     
  6. Daggarjon

    Daggarjon Supporter**

    the money is all hers! just because he found it doesnt make it his. So what if this contrzctor found the money in HER house. if i lose something under the couch 20 years ago, and my neighbor finds it, does he get to keep half of it?

    She was NICE enough to offer him 10%... wich is STILL $18,000... and he wants MORE??? forget him, give him nothing, and then hire someone else to finish the job.
     
  7. johndo

    johndo New Member

    Just heard on the news about this, heres the link to WOIO

    http://www.woio.com/

    Maybe y'all can get it dial up pretty slow today

    John
     
  8. Treashunt

    Treashunt The Other Frank

    :thumb:
     
  9. ziggy9

    ziggy9 *NEC SPERNO NEC TIMEO*

    ten percent would have netted him more that 18,000. The currency they showed on the news this morning from this find was crisp uncirculated pre 1939 $500 bills. I wonder if the large volume of this find will effect the going prices of these bills.

    Richard
     
  10. johndo

    johndo New Member

    Only if she sells them, which is likely

    John
     
  11. Treashunt

    Treashunt The Other Frank

    She'll probably just deposit them in the bank.
     
  12. johndo

    johndo New Member

    What a horrible thought. I don't think she will it's been all over the news that they are more than regular notes. The $182,000 is the equivelent to 2.1 million today according to the news.

    John
     
  13. dreamer94

    dreamer94 Coin Collector

    I found this on the CNN web site on a blog:

    "§ 4.06 Rights of Finder Against Landowner [39-42]

    [A] Rights to Objects Found on Private Land

    Lost objects found either within a house or embedded in the soil are generally awarded to the landowner, not the finder. The status of the finder is sometimes relevant here. A long-term tenant who finds an object will often prevail over the landowner, while a finder who is merely the landowner’s employee will not.

    I agree that I would not only give the contractor nothing, I would fire him from the job and make sure he doesn't have a key to the house.
     
  14. Jako lipo

    Jako lipo New Member

    for some reason i cannot find the articale on the link
     
  15. Phoenix21

    Phoenix21 Well-Known Member

    That guy doesn't have a leg at all to stand on imo, but I cold be missing something. That was more than nice of the lady to offer him 10%, so I am beginning to detect some serious greed in this situation.

    Phoenix :cool:
     
  16. johndo

    johndo New Member

    Exactly Phoenix

    John
     
  17. gatzdon

    gatzdon Numismatist

  18. johndo

    johndo New Member

    Thanks gatzdon

    John
     
  19. RickieB

    RickieB Expert Plunger Sniper

    It is my personal opinion that if she sells this large volume of notes and they are Gem Crisp...the price will make these notes rise in value since Gem Notes are hard to come by. Current prices are 3 to 4 times face for ChCU $500 notes! Of course the FRB form which the notes originated will impact the price as well.
    This will be very intersting to follow and watch the notes hit the marketplace!! Can you say BIG BUCKS!!!!!!!!

    Did you see the Small size FR Bank Notes!!?? WOW!!

    What a haul...

    RickieB
     
  20. Daggarjon

    Daggarjon Supporter**

    my house was built origialy in 1910, and remodled in 1922 ... i think i am going to gut it .. just to look for some small medal boxes :)

    one thing that boggles my mind. in the depression, this business man had THAt much cash that he stuck in the wall. How did it get 'forgotten' there? I mean think about it... he put it there without his family knowing??? and then died without telling anyone? thats alot of money to put in the wall without anyone knowing - i or not in a depression! or he put it there, forgot about it and moved to a new house years later ...

    i am more interested in HOW it got left there lol i would love to find something like that, but treasures like that only happen to very very few people!
     
  21. tdm

    tdm New Member

    I wonder how the contractor would react if one of his employees found something of such value working on his home? I doubt that he would be so inclined to offer anything to them. I agree with the other posts she should fire him and give him nothing as he wishes. Her offer was way more than generous, a decent man would have asked for nothing.
     
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