Man discovers more than $2,000 in cash from 1934 hidden under his porch
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- čas přidán 11. 07. 2022
- Rich Gilson was in the process of making major renovations on his Andrews Avenue home when he made the shocking discovery.
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I sure as heck wouldn't tell the news or anybody.
Why not? It's only 2000 dollars.
@@ericsierra-franco7802 it’s just called keeping people out of your business lol?? Like why would you be so eager to say hey look at this money I found lmaoo
He told everybody so he can get some good bids on the money
@@jimmywillims5929 im sure that's why, this generation everyone loves the clout
That’s the first thing i thought when i saw this pop up. But why tell the news?!
$2k in 1934 was almost enough to buy a house.
but left buried in the yard vs invested it only whittled away in value. now that same $2k might pay one months rent. this is how govt mismanagement and the federal reserve have robbed citizens of their wealth without taking a dime
Adjusted for inflation, that's 46,400 dollars in today's money.
@stevenpike7857 Just think. 90 years squirreled away and it went from $46k to $2k. Heck of an investment.
@@stevenpike7857 median house prices back were not that many times more than the median income, so it was enough to buy a small house in an affordable area
Too bad you can't turn them in for gold any more!
Rick from Pawn Stars was interested in the $2000.00 in old bills he said $100.00 was the best he can do.
😂😂😂
But since is going to take so long to sell the bills, he'll make the guy pay him 2,000..lmao
James chanin*Rick from pawn stars is a con artist.He want things free.
Those silver certificates are worth $100-200 each easily
Rick is one of the biggest scammers in the country...
Why the freak would he tell anyone?!!
Only $2000
@birdszz odc if it was $400, want to spend it.
Because,to most ppl $2000 aint shucks
@@jimmypage1517 "most people" live paycheck to paycheck
@@natenate2280 Because they spend like crazy.
All in pristine condition 😂 ummmm are we looking at the same bills
beat me to it...
One of the bills is literally 90% destroyed. It just a piece of a dollar.
Probably some of the best ones are VF20.
They are mostly pretty pristine. They can be flattened out.
Bills were printed 1934. Pristine condition no but good condition hell yea
Imagine hoarding your life's savings for 90 years and then realizing it not even enough to pay the rent for one month. Thanks, Congress and Federal Reserve.
That’s why you invest your money rather than sticking it in your mattress or in a hole in the ground. 🤷🏻♂️
And 2 full time worker households
2000 grand in 1934 your a millionaire that's way more then 43,000 dollars.
If he had invested it in the DJIA in 1934, his $2000 would now be worth millions of dollars.
Dude that has it wasn't alive in 1934 and dude that had it had a good reason to hide it . What if the Yankees drafted me instead of Jeter
Shiiiit I be digging around there all week 😂😂
😂😂😂
Exactly
And now so will everyone who saw this story.
Worth a lot more to collectors.
Theyre not in great condition
@@nychris2258 Even a beat up $10 silver certificate (seems like there was a few stacks of them) is at least $100 each, if any of the $20s are gold certs (silver stopped at $10) then its a few hundred each on those even in bad condition.
Only if the bill is a 500 or higher.
Wrong, it’s worth $2000 not a penny more.
It doesn't mean the money was buried in 1934, it could be any decade after that.
Good point!
If they were series 1934-A they were probably from 1940 or even a couple years later
@@bobegan2121 Aren’t those bills worth more than their face value even in rough condition because they’re silver notes?
Yea someone leaving home for the war.
@@hobowithawaterpistol9070 in that condition very little premium, despite their age, they’re pretty common types.
I tried to dig up my yard but all I found was dog turds
Are they antique turds?
Take them to Rick from Pawn Stars one might be the Holy Grail of dog turds.
@@DBAllen😂😂😂😂😂😂😂😂😂
Wow...never seen a dog bury it's turds...
@@AE-pv9vc oh I buried them…I collect dog turds…didnt want anyone stealing them👍 dont you go getting any ideas now 😡
When my great grandparents passed away and they started going through their house they found money in paintings, coffee cans, under the carpet. All to the equivalent of about $50,000.
The great depression made everyone afraid of banks.
Were they squirels?
All I ever found around my house digging was railroad spikes and glass marbles, and under the porch was an old license plate from the 30s and a mumified dead cat
His property. His money.
Not necessarily, a previous owner may have legitimate claims to it or if previous owner was a drug dealer the cops will say it's drug money and it will be seized. That's just two reasons, I'm sure there's more.
You really need to look up, "Asset Forfeiture." But I'll make it easy for you...
"IT'S ALL THE GOVERNMENT'S MONEY AND THEY NEED IT NOW!"
@@thud9797both of those sound like good reasons to not put your story on CZcams.
That money belongs to Al Capone ! 😂
In some states the law requires you to report valuable items that you find hidden on your property.
The IRS wants their cut I’m sure
they found 40k in 2 bathrooms in marysville video face value is same
Now that he told everyone 😂
@@fredeschen3783 not much in ny 100k was fished out of a creek in a safe they will get it replaced
They WILL BE in touch.
At least $600 will be going to Ukraine.
A small price to pay for Biden's war and your 15 minutes of fame.
State, federal, local tax, he'd be lucky to walk away with $20.00 dollars.
I would have never told the media or anyone. Matter of fact, I wouldn’t let the media touch it!!!
I wouldnt have told my wife , just sayin
Totally agree. Now a bunch of nitwits will look up his address and dig on his property when he is not looking.
Its literally 2 grand. I make that in a week. Is this supposed to be a big deal?
@@sminem6572 was that supposed to be a flex? 😆
It's trash federal reserve notes, not gold.
I seriously doubt the original owners are still around to complain or contest the find.
Even if the orginal owners wanted it back, they have no legal right to it.
That’s mine sir, I left it there. I’m coming by tonight to retrieve it, thanks.
Just because the bills are 1934 bills doesnt mean they were buried in 1934
At least we can deduce that they were not burried before 1934.😂
Probably - this was in the middle of the depression, and people did not trust banks anymore.
@@stevenpike7857 they never should have. People say buying gold is stupid, and a scam, but it has been an accepted "payment method" for 5 Millennia, it will still be accepted during the Zombie-Apocalypse and the Rule of the Lizard people.
Most of the bills were marked with 1934 so its safe to assume theyre from 1934
Yes my buddy. My Time Machine actually works. I will right over.
Someone from the 30’s/40’s sure wish they hadn’t buried that money.
They're buried too, at this point.
Rest in peace
Why cant reporters just speak in a normal voice by now
“You’ll never believe what THIS commenter thinks of generic reporter voice.”
@@scottcampbell96 Hahaha
@@scottcampbell96 "This just in. The commenter now has 3 replies and 51 likes to his original comment. Stay tuned for more on this developing story.
The big build up and dramatic delivery is interesting to think about when this began. Watch old reports from the eighties and it was just straight forward report of the facts
"Do THIS simple trick 1-hour before going to bed, in order to not be annoyed so easily. It's the SECRET news-reporters don't want you to know about. Back to you, Roger, in the studio." 😁
My grandma did this. She lived through the depression. We still think there is money that was never found.
Hiding cash during the depression would have been what fools did. If you had any money at that point you sure as heck should have invested it.
Ya, most people think the depression was bad but it was only for the poor
In history records, those already well off actually had it even better during the depression because they could get someone to work for slave wage
That’s how it was during covid. Corporations thrived
Lmao why give his address!? He about to have hella visitors!
....and everyone has a *shovel* with them!! 😁
@@PatrickWagz and then the man starts selling shovels ⛏
I hate when the news basically dox people like this. It’s insane
That's almost ten years worth of saving considering the average pay was 40 cents an hour
Piles and piles of cash. Guy found two rolls worth $2000.00 and not piles and piles.
Also " the bills were in pristine condition"
uuuh... you realize we see the bills
Fr
🤣
Found three dollars in my dryer and I was pretty stoked.
xd I feel you
😅
Same but it was 5 $1 bills rolled up tiny in front of a school
If that person would have stashed gold instead of cash the new owner would be a millionaire!
At least considering the collector value he may get a pretty buck for these bills like maybe 10x what it's worth.
@@jemlesvideo still, if theyd stashed gold coinage, theyd be looking at around 100 oz or 240,000, so maybe not millions... but the gold, as i guess they say it tends to do, would have retained its relative societal value
In 1934 gold spot $35 oz. 2000/35=57 oz. Today spot =$2400. 57x24= $136,800 +/-
@@gottago671 solid point, but id still posit it just depends on timing, coinage was still circulating until 1933, when it was made illegal outside small amounts of jewelry, and it was actually in january 1934 that the gold reserve act was passed, immediatley raising the price from 20.67 to 35 dollars as you mention, one could easily imaging that if you had 2000 dollars in 1934, much of it easily could have been stored in face value coinage, with a little forsight, and proper timing, unless they had just come upon all that money just at that time, from selling a house or something. Definitely a very interesting point in history to look at and think about how people were choosing to store their money either way tho.
@@gottago671 I was way off! I guess still better than $2000
Now the IRS will send him a bill!
1934 they didnt trust the banks and 2024 we still dont trust the banks😂😂😂
John Dillinger was a famous bank robber during that time and he knew a ton of associates in Philadelphia. They would provide him a hideout. I think he might have had them hold his money. He also died in 1934 after robbing a few banks in that area.
That was a shit ton of money in 1934. Most were just trying to get enough to eat.
Since Gold was prohibited from ownership in 1933, it would have made more sense if they hid Gold!
Then, it was $20. an ounce & would now be worth $2,300 an ounce, so 100 ounces of gold would be
worth $230,000. today! Some difference!
@@rongendron8705 woulda probably bought every house on his block back then. real estates a better way to save than just burying cash or trusting banks...
@@divingduck9Back in those days I can’t imagine the average blue collar workers knew any better - Even old folks today who were born in the 30’s probably do the same thing to some capacity, I know my 86 and 90 year old grandparents do.
@@Stressless2023 any adult who lived thru the great recession & paid attention to what obama did by bailing out welfare queen jami dimon at chase bank & leaving 12 MILLION ppl homeless knows not to trust banks
Probably from a bank robbery.
Not unusual back then. At the beginning of the Depression many banks went bankrupt and customers lost all of their savings. The first thing FDR did after being sworn in as President in March, 1934 was to declare a "Bank Holiday". He went on the radio and told people the banks would be temporarily closed while accountants went in and checked their books. Banks that had enough money would be allowed to reopen. Then he had Congress pass the FDIC deposit insurance bill to protect future savings accounts. This was the beginning of our modern banking system.
History is about to repeat
No, it is not worth $43,000 today.
right , I dont think she was paying attention lol
I don't know why people think this, and especially why a reporter would say this.
@@davidmdyer838twit
I thought she was joking
It's worth 2 grand or less
He could donate it to a local museum. In exchange, they could create a small exhibit for his discovery.
Wow. That's gold standard money. 1934? Wow. Congrats.
I believe the USA abandoned the gold standard in 1933. I think those are silver certificates.
yes, silver certificates. FDR confiscated (stole) the American peoples gold coins under the threat of imprisonment, It was called the gold reclamation act. FDR was a real crook
@@Lava1964Silver certificates
@@Lava1964abandoned is a weird word for siezing private property. Which is another reason to not trust government.
@@Lava1964 I don't think so unless they say so. At any rate, they're still just worth face value, silver certificates aren't worth more than face value and you can't trace them in for silver anymore, that has run out.
Most of the bills are in pristine condition? What?
First mistake was telling his wife. LOL
I'm surprised the money was in that good of shape, was down there a long time.
If the $2K paper "treasure" was converted to gold in 1934 - it would be worth $114K today.
Keep that in mind as the dollar takes dump.
If they had invested in bitcoin then it'd be worth $2.00 today. 😶
How can the dollar be taking a dump?
I mean the money is worth 114k what? Dollars…. Right?!
@@TheNumbasign2 *He mean The value of the Fiat is dropping get in tune with FX it not that hard to understand.*
@@Big_Boss14 bro I own where I work. I understand what he’s saying. But it’s stupid. Because at the end of the day no matter what valuable you have. It’s most likely have to get converted into cash so that you can spend it. And that’s why I don’t like people being down on the dollar. Crypto has to be converted into cash stocks have to be converted into cash. Coins gold silver all has to be converted into dollars to spend it. So what’s the point in complaining?
@@TheNumbasign2 *lol why u mad at me im not complaining and by the way crypto doesn't have to be converted into cash you can spend it on whatever you want out right.*
Had it been in silver dollars instead of paper, it would be worth half a $million.
Probably old mob money.
Al Capone style.
*90 year old man with dimensia*
“Wait a minute”
🤣
If they'd have buried $2,000 in gold in 1934 (at $35 an ounce back then) it would be worth $154,000 today.
OMG, did she actually think the 2000 in bills were worth 43k today? She must have missed the 'inflation' calculation. 🤣🤦♂️
It must be true what they say about blondes. And news anchors only need to know how to read a teleprompter, no real intellect required. Remind you a particular president we know?
equivelent value in buying power. 2000 in 1934 would be the same as 43 k in buying power today.. Its actually closer to 48k according to most calculators./
IRS Is happy WITH 20% TAX. now he owns $10750 in tax to IRS.
I would keep digging!
Then, I would try to see who lived there back then!
This is a modern day mystery!!
Probably a mob boss
$2,000 cash in 1934 had purchasing power of over $46,000 today.
Yeah, well today it's worth $2000.
$2k then would've bought a little house outright I bet.
@@7SideWays It would have, but not today.
$46,875.97
@@dammitbobby283 He should have spent it in 1935.
Why would you tell the news.
He's dumber than he looks.
He shouldn't have told the world about his find, just find a finance expert and ask some questions.
Now that he has announced it he better pay income tax on it.
I wouldn’t doubt if somebody came forward an tried to claim the money.
Like who?
Yeah, like the tax man
@@ericsierra-franco7802 *Like some random person or the State. Silver bullion & coins was discovered in Florida on a sunken Spanish ship,and now the state,and Spain want to claim it.The crew that found it was a private diving company! I don't know how it's going to turn out.
@@Crudeoil794m
@@ericsierra-franco7802
Descendants of the original owner? You never know where the story can go when you open your trap.
the sad part is it wasn't gold he found gold would have followed the currency
I was at a bank in Cudahy Wisconsin about 20 years ago and a old man had a coffee can in line in front of me. I heard the teller say, WOW!, and I looked at what she was surprised about. The man had $9800 in bills from 1934 and earlier. I was able to buy a $500 bill for face value from him before he deposited it. It was his mothers and he found it in her garage after she passed. True story.
Too bad no one suggested he try a coin dealer first.....
“So what are you going to do with all this money?”
“I figure I’ll get the extra cheese on a sandwich.”
IRS: Thanks for telling us 😆
when it was buried, it was enough to buy the house, now it's enough to pay the rent
Too bad it was $43,000 worth of gold purchased back then.
Hey buddy its mine give it back
You lose ,I remember burying it in a past life.
2:25 No, its not worth 43.000$ today. Its worth 2000$ today. 2000$ in 1934 would be the equivalent of 43.000$ today. Thats how inflation works.
Whether or not they have any premium over their face value remains to be seen, but they are not in great condition, so I doubt it.
What's freaking me out is both of them holding an unopened bundle. Time travel is real!
fr!
Whoa just imagine burying $50k in your backyard and forgetting about it
No doubt an elderly owner passed away and the family didn't know about it.
Odd how the rubber bands did not disintegrate.
I think it is twine. It is hard to see, but I think I see loose threads and twisting.
Those are real dollars, not the fake rubbish ones that are not backed by gold anymore
They’re only worth face value, so still fiat money.
TOTALLY WRONG......their collectors value far exceeds their face value. I have been a coin and paper money collector for decades. @@edwarda2033
No, even those said Federal Reserve Notes. Notes equals debt. Car note, house note all are debt instruments.
You can redeem them for gold legally. It says right on the bills but I don’t know if they will honor the law.
@@raymondkidwell7135 I don't believe that they were "Gold certificates"! More likely, they
were "Silver Certificates", since gold ownership was prohibited in 1933!
Nicky Scarfo’s associates will be paying him a visit 😂
What's astounding is that we're reading about it
My left hand wouldn’t know ,that my right hand had it
Yo those are silver certificates, not federal reserve notes, that shit is worth some real money 😳💵💵
Not in that condition. Face value only.
Money that had been backed in silver is not the same thing as silver certificates. Silver certificates are no longer honored anyway. Silver certificates say "Silver Certificate" on them, I have one from 1957. It was the first paper currency to say "In God We Trust".
They're worth way more than face value even if they're circulated FRN's. Some may even be gold certificates.
@@komoru Gold certificates still can only be exchanged for FRNs. They're only worth more if they're collectibles. That might be what you're saying, but a lot of people here seem to think old money or gold or silver certificates are intrinsically worth more than face value as currency. Whoever buried them should have exchanged them for gold first.
@@komoru have a look at them, these are way past circulated. No collector wants notes in that condition.
If the person who buried it had the sense to bury coinage instead of paper, it would be worth over 40,000 today.
The gov't really appreciates you letting them know you found it. They'll be there shortly to take that burden off your hands.
I wish I could be so lucky.
40k just found in 2 restauants bathroom marysville
I hope that man has a construction permit from the city to do all that work.
No doubt the city will charge him about $2,000 for the permit.
According to chat gpt, if you had invested $2,000 in the stock market in 1934 and it grew at an average annual return of 10%, it would be worth approximately $10,626,045.22 today.
Worth $43,000 in 1934 but only $2,000 today. This is why you should keep money in the bank to gain interest.
I doubt if $2,000 in a savings account would have grown to $43,000 in the same time period.
Oh. I think it is my money!
That's an amazing find!
I'll go with "they didn't trust the bank". That was a lot of money to have during the great depression. Cool find.
True. He probably worked a whole year for that money.
Not piles and piles, but what look like two film roll cases full of cash.
Time capsule butt dance celebration
MOB action.....
At university I remember a story printed in the campus newspaper. A student living off campus in a rental home looked into starting the furnace. When inspecting the furnace he found a paper bag containing $75,000 in 40 year old bills from the 40s and early 50s.
Of all things he turned it into police. The police determined the house was prior owned by a guy known to be an accountant for the mob. The police gave the money to the landlord/owner of the home who had no idea the money was there.
The lamdlord did not give the student a cent, not even a break on rent.
Price of gold in 1934, 35 dollars
Price of gold in 2024, 2,300 dollars
PILES OF CASH ?!
People are getting shot every day, sometimes multiple victims. This probably should've been kept on the down-low.
It's only 2,000. It's not 2 million.
@@ericsierra-franco7802 folks have gotten shot for less
I'm Surprised it Weathered that good! Great Find !
My grandmother had a bunch of silver certificates money in all denominations. She died and my mom couldn't spend it fast enough. Never even offered to show it to us.
I love these stories. Near where I live, a couple was walking on their property when they saw a tin can barely sticking above the ground after a severe rainstorm. When they started digging, they found more cans and eventually, the total find was 117 GOLD coins, collectively worth 12+ MILLION.
Lies
Anyone with that many gold coins could certainly afford a LOT better containers than some "tin cans" So, quit making shit up!
@@justdoingitjim7095 They might not have thought it necessary. Gold is nearly indestructible. A tin can is enough protection.
@@JohnWilson-hc5wq My ex-wife loved to argue with me and could come up with thousands of scenarios to counter anything and everything I said. Do you know her?
I wouldn't tell anyone.$2000 is not a lot of money,but bills that was printed in the 30s should be checked on because they could be worth alot even one bill.CHECK THE DATES,CONDITION,SERIAL NUMBERS BEFORE TAKING IT TO A (Notaphily)paper money professional. Beware of some of them too
Just looked it up. One was worth $140,000 from 1934. Not sure of particulars, just that is was a ten dollar bill from 1934.
These stories are always so fascinating
If it was invested in the S&P 500 in 1934 it would have been $23M
That's mines I lost awhile back! 😶
😅
Keep digging.
too bad they didn't leave gold or silver. They left a depreciating asset lmao.
If that had been 20 dollar gold eagles, it'd be worth $230,000 just in the value of the gold in todays monopoly money.
It's worth $43,000, it's worth 2000 grand, they said that would be the equivalent of finding $43,000 today.
It worth $2k since it was in cash the vintageness might have some value maybe double. It in all how you keep you investment.
Thats why gold is king.
Gold would of went along with inflation and adjust😂
$46,875.97 in 2024
I don't understand why the lady said, it's wor5h $43,00. Apparently, she didn't understand, that was the value, in 1934, as compared to $43,000 today.
Not alot to find, but this guy really needed the attention and still went to the news
That's why you bury gold, not paper money. My great-great grandfather had buried 30 gold coins , 20 Francs Napoleon gold coins , that was the payment when he sold his parents' house and because he didn't needed the money he decided to bury them and leave them to me, his grandson. in today's money, if I sell the gold it is somewhere around 12.000€, if he buried paper money today it would be useless
*I would laminate the best bills there and redeem the rest I highly doubt you could even buy tens and twenties from 1934 on eBay*
Actually there's lots of them on eBay and if you just ask, they'll print up as many of them as you can afford!
@@justdoingitjim7095 Only if the seller is in China.... Point of interest: Counterfeiting is legal in China if the real coin or bill imitated was issued before 1949. Beware!
1934 height of the Great Depression. Someone stashed it there because of bank failures then died or forgot where it was hidden. 2 grand was a small fortune in 1933 , What astounds me is that the paper currency did not degrade much at all. Must be a really dry climate.
"I just wanna live here, I just wanna finish my house". Geez man, where's the fun in that!?
Gosh congratulations!! How cool !! I’d be tearing down the house !! Lookin under there !
Those bills aren't in pristine condition. They're in awful condition. To a collector of old coins or currency, I doubt he'll get much over face value. Why did the reporter at the end say they're worth over $43,000? That's not true. Cash stuffed in your mattress doesn't earn interest. All that was said is if you had $2,000 in 1934, it had the buying power of $43,000 today. What really happened is if you had $2,000 in 1934 and buried it in your backyard, that $2,000 in 2024 has the same buying power of about $90 in 1934. A $90 paycheck in 1934 would be considered good pay. Inflation does that.
Thank you! I thought the same thing. She clearly didn't understand how inflation works.
The sad part is that it takes $41,000 to be equivalent in today's economy.
No no it's much worse than that. Up until the 70s the dollar was backed by gold and you could exchange paper for gold at the bank. Gold was $35 an ounce back in 1934, that paper was worth 57 ounces of gold at the bank. Today gold is $2300 per ounce, that'd be equivalent to $131,000, while your paper today is backed by nothing
@@KibblesNbytesI think that only applies to gold certificates. At best it looks like there are some silver certs on 10s here, they were not available on 20s. Otherwise likely almost all fed reserve notes. 1933 gold and the certs were basically banned, so any 1934 series would not include gold cert.
$2000 could buy a whole house back then. It is more like $1M in today's money.
Let’s do the math.
Those notes are still worth their face value of $2,000
If they were 1935 Peace dollars each one would have .7734 troy ounce of silver.
So $29.34 x .7734 = $22.69
$22.69 x 2,000 = $45,383.
@@ordinaryman1904 That doesn't make sense. An average house would cost around $4k in the 1930s. Today they typically go for around $700k. Nobody needs silver, but everyone needs a house.
GOVERNMENT: "Thank you sir for doing the hardest part for us, we'll be sending a couple of people to discuss OUR finding"
How is this treasure? $2K today won’t even pay the rent.