What would you do if you found buried treasure?

[bluewaves]

Dave Crisp, who lives in England used his metal detector and recently found what they call a "hoard" of coins that are 1700 years old. The British museum has valued them at $5 million. English law states that Dave has to share the proceeds with the owner of the land he found them on. He called in archeologists to do the excavating, hence preserving the value of the find.

In America, I think that the laws about this are different. What would you do if you found buried treasure?

[PrincessPerky]

Read that yesterday. The history of it is fascinating!

[Eric80]

well, really depends. But, I guess, I will try to find out whether it can belong to me,

if yes, I will donate most of it to charity, and keep part of it for my family,

[Debt Vigilante]

Assuming it was the same amount ($5 million):

1. Try and hide most of it from our president's big government
2. I would pay off any debt for anyone in my immediate family (500,000)
3. Invest ($1,500,000)
4. Buy a nice house ($250,000)
5. Buy my wife a new corvette because I can (50,000)
6. start a business ($100,000)

That would leave me with over half to give away to the church and various charities that support. With the above listed things I would do, i would live such a comfortable life and not even need 50% of that money.

[bluewaves]

History

Read that yesterday. The history of it is fascinating!

totally agree. It was a fascinating story.

[miclason]

hey, NatGeo made a program about it and my sister translated it for dubbing into Spanish to be shown in Latin America! We just reviewed it this weekend! (I help her review and "clean" her translations before sending them for official review! Just because I know more idioms and phrasal verbs!)

[elessar78]

That's pretty cool! I don't know what I'd do.

A part of me is a little disappointed in the visual. I was expecting to see shimmering metal coins, but they're thin, dirt-caked discs. Which is what I really should've been expecting.

[charley_alford]

Find a way to keep it out of the government’s hands, cash in, buy a Lamborghini, move to the Bahamas and live like a king!

[charley_alford]

Find a way to keep it out of the government’s hands, cash in, buy a Lamborghini, move to the Bahamas and live like a king!

[moneybags]

Find a way to keep it out of the government’s hands, cash in, buy a Lamborghini, move to the Bahamas and live like a king!

I'm pretty sure you'd be liable for taxes on it in the U.S. if you sold it.

[annibe11e]

If it had historical value, I would donate some to a museum. I would sell the remainder as I would be nervous about owning something like that. With my luck I would lose it or accidentally donate it to a thrift store. (I did that with some memoribilia once, including personalized autographs).
Then, pay off debt and head back to school. Any remaining, I would set up as an annuity because I'm too unaccustomed to having money be trust myself with it.