Speakeasy forum

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Invest $1100 and make half a million.

by James Denison / November 16, 2011 8:32 PM PST
I love watching this show on A&E, I just wish this had made it onto the show. Man buys a storage unit for $1,100 and walks away with half a million in gold and silver. It's not a job I'd want to do though, most of it can be back breaking work to make any sort of income from.

A San Jose man needed no treasure map when he reportedly stumbled on to $500,000 worth of gold and silver after bidding on an abandoned storage unit.
The man, identified only as John, apparently paid $1,100 for the unit
only to see his blind investment turn into a goldmine after a number of
rare coins and a few gold and silver bars were found in the blue
Rubbermaid container.

The reported find, in Contra Costa County, was so unexpected that even though the auction was held by American Auctioneers, the subject of A&E's Storage Wars, there were no cameras present when the cache was discovered.
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(NT) wow
by grimgraphix / November 17, 2011 1:00 AM PST
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It took three men to haul the Rubbermaid container
by Steven Haninger / November 17, 2011 2:59 AM PST

out of the storage shed? So it took that many to haul it in or it was filled up little by little? And there were no cameras present when the lid was removed? I'm just cynical enough to wonder if this might be a way to launder stolen goods. One carries them into a just purchased storage unit and claims to be surprised to find them. Wink

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that's a good idea
by James Denison / November 17, 2011 8:48 AM PST

Also I'm wondering why he didn't just keep quiet about it and redeem the gold over the years so he'd not get hit with a single year high income tax bill?

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