http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach Tue, 22 May 2012 11:23:18 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach/comment-page-1#comment-7492 Mike Mon, 11 Jan 2010 21:04:59 +0000 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach#comment-7492 If your going to sell it I would do what others suggested and turn it in to the police station and see if anyone claims it. Most places that will buy your gold or silver will have a form where you have to say if its your property and if you found it or not. If you say you didnt find it when you did, and someone had filed a police report about it then you could be in some big trouble.<br><b>References : </b><br> If your going to sell it I would do what others suggested and turn it in to the police station and see if anyone claims it. Most places that will buy your gold or silver will have a form where you have to say if its your property and if you found it or not. If you say you didnt find it when you did, and someone had filed a police report about it then you could be in some big trouble.
References :

]]> http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach/comment-page-1#comment-7491 Frank Muppet Mon, 11 Jan 2010 20:48:59 +0000 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach#comment-7491 My understanding is that the law in most jurisdictions for a thing like that (which isn't like a purse or some object that clearly belongs to someone else) is that the person who finds it gets to keep it. So congratulations! Mind if I offer some advice. Take the gold and sell it to an online store that specializes in buying gold for fair prices. I suggest http://www.refinity.com/<br><b>References : </b><br>http://www.refinity.com/ My understanding is that the law in most jurisdictions for a thing like that (which isn’t like a purse or some object that clearly belongs to someone else) is that the person who finds it gets to keep it. So congratulations! Mind if I offer some advice. Take the gold and sell it to an online store that specializes in buying gold for fair prices. I suggest http://www.refinity.com/
References :
http://www.refinity.com/

]]> http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach/comment-page-1#comment-7490 liberty 911 Mon, 11 Jan 2010 20:28:59 +0000 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach#comment-7490 You would not have to pay for it, and you would only have to pay capital gains taxes if you sold it.<br><b>References : </b><br> You would not have to pay for it, and you would only have to pay capital gains taxes if you sold it.
References :

]]> http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach/comment-page-1#comment-7489 Mathew Mon, 11 Jan 2010 20:10:59 +0000 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach#comment-7489 There are a number of laws that may apply depending on how and where you found it plus the amount. That said if you were to overcome any legal issues it would be taxable at its fair market value on the date that it became your undisputed property.<br><b>References : </b><br> There are a number of laws that may apply depending on how and where you found it plus the amount. That said if you were to overcome any legal issues it would be taxable at its fair market value on the date that it became your undisputed property.
References :

]]> http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach/comment-page-1#comment-7488 Sammy S Mon, 11 Jan 2010 19:54:59 +0000 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach#comment-7488 If you find the coins in public places, you have to announce and report to the Police. Unless someone come forward with full description of the coins, you will be a lawfull owner at the end of the specified period. You do not pay tax on that.<br><b>References : </b><br>Tax Professional If you find the coins in public places, you have to announce and report to the Police. Unless someone come forward with full description of the coins, you will be a lawfull owner at the end of the specified
period. You do not pay tax on that.
References :
Tax Professional

]]> http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach/comment-page-1#comment-7487 tro Mon, 11 Jan 2010 19:16:59 +0000 http://www.thefoolsgold.net/silver/what-happens-if-i-find-gold-or-silver-on-the-beach#comment-7487 finders, keepers you can turn it in to the police dept. and if no one claims it within a specific time, they turn it over to you who do you think you would have to pay?<br><b>References : </b><br> finders, keepers
you can turn it in to the police dept. and if no one claims it within a specific time, they turn it over to you
who do you think you would have to pay?
References :

]]>