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Message:: [QUOTE="Dynoking, post: 8260084, member: 81795"]there another whole section to this civilly between parties as it relates to abandoned property. Abandoned or Stolen? After it was stolen, how hard did the owner try to recover it?  Did he try at all? What would the owner be expected to do? The owners efforts or lack of have no bearing. The coin is still stolen. It is still his rightful property. If an insurance co. paid out on the coin it now belongs to the co. It is still stolen. Did an insurance company pay him out for it, and if so, the insurance company, would would be the "rightful owner with claim". Not the victim that got a payout.did the insurance company try to search for it and recover it? Irrelevant. If they paid out, it belongs to the co. It is still stolen. If the original owner/victim of the theft did recover the coin, would they need to reimburse an insurance company for the payout they got after the theft? Most likely right? I'd report the find to the insurance co. and work it out. Either return the coin or the settlement amount to them. it's the right thing to do right? Yes. Also you may have a problem if you try to insure it again. Example I found "If your insurance carrier has paid your claim for a lost or stolen watch that's subsequently recovered, you must report it to the insurance company. The carrier will generally give you two options: return the money or return the watch.""[/QUOTE]True story.Years back the diamond from my then wife's engagement ring went missing. Torn out from the setting. We filed a claim with our homeowners insurance co. They agreed to pay. Before the check was processed our three year old daughter found the diamond in her mothers shoe ("look mommy, lights!", with the diamond in her tiny fingers) while playing dress up. We canceled the claim and had the diamond reset. Its called integrity.[/QUOTE]

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