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Problem(s) with selling the treasure . . .
02-11-2018, 11:24 PM,
#1
Problem(s) with selling the treasure . . .
I can imagine some obstacles in selling the treasure . . . such as fear by
a prospective buyer (auction house, gold dealer, jeweler, collector, etc.)
that the "finder" (person in physical possession of the treasure) may not
have legal right to own -- and therefore subsequently sell -- the goodies.

Please comment on this if you wish.
Reply
02-11-2018, 11:59 PM,
#2
RE: Problem(s) with selling the treasure . . .
(02-11-2018, 11:24 PM)legacyhelper Wrote: I can imagine some obstacles in selling the treasure . . . such as fear by
a prospective buyer (auction house, gold dealer, jeweler, collector, etc.)
that the "finder" (person in physical possession of the treasure) may not
have legal right to own -- and therefore subsequently sell -- the goodies.

Please comment on this if you wish.

..something about carts and horses...
Reply
02-12-2018, 12:05 AM,
#3
RE: Problem(s) with selling the treasure . . .
There are many options. There is more money to be made by NOT liquidating it.
Reply
02-12-2018, 07:29 AM,
#4
RE: Problem(s) with selling the treasure . . .
FF said, IIRC, he'd hope the finder would donate it. Meaning, it's worth less than what he'd give for it.
--------------------------------
Orange Ute, Adee Sphincter?
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02-12-2018, 10:49 AM,
#5
RE: Problem(s) with selling the treasure . . .
There's no fear.
It is my belief that Fenn left a note in the chest that legalizes the chest and contents to be a gift from him and his estate.

Meaning: Fenn or his estate (upon his passing) will have to pay the taxes.
Finder pays $0
Reply
02-12-2018, 11:57 AM,
#6
RE: Problem(s) with selling the treasure . . .
Problems I'd like to have
Reply
02-12-2018, 12:55 PM,
#7
RE: Problem(s) with selling the treasure . . .
(02-12-2018, 07:29 AM)realistrealist Wrote: FF said, IIRC, he'd hope the finder would donate it. Meaning, it's worth less than what he'd give for it.

I don't think he ever said that.
Reply
02-12-2018, 12:58 PM,
#8
RE: Problem(s) with selling the treasure . . .
Agreed, the chest is worth more whole and on display. Whomever finds it will have a story to tell and that is where the real worth comes in.
Reply
02-12-2018, 01:00 PM,
#9
RE: Problem(s) with selling the treasure . . .
(02-12-2018, 12:55 PM)John Brown Wrote:
(02-12-2018, 07:29 AM)realistrealist Wrote: FF said, IIRC, he'd hope the finder would donate it. Meaning, it's worth less than what he'd give for it.

I don't think he ever said that.

You're correct. I'm inferring from comments. "Mr. Fenn says he wishes that whoever finds the chest, even if that's 2000 years from now, that they will donate it to the Smithsonian for everyone to see."

I expect he expected it to be found within a few years, not 1,000 or 2,000. But who knows. My inkling is portion or estate for bracelet, but I guess we'll see (or won't).
--------------------------------
Orange Ute, Adee Sphincter?
Reply
02-12-2018, 01:05 PM,
#10
RE: Problem(s) with selling the treasure . . .
(02-12-2018, 01:00 PM)realistrealist Wrote:
(02-12-2018, 12:55 PM)John Brown Wrote:
(02-12-2018, 07:29 AM)realistrealist Wrote: FF said, IIRC, he'd hope the finder would donate it. Meaning, it's worth less than what he'd give for it.

I don't think he ever said that.

You're correct. I'm inferring from comments. "Mr. Fenn says he wishes that whoever finds the chest, even if that's 2000 years from now, that they will donate it to the Smithsonian for everyone to see."

I expect he expected it to be found within a few years, not 1,000 or 2,000. But who knows. My inkling is portion or estate for bracelet, but I guess we'll see (or won't).

Fenn has said that he hopes the person who finds his treasure is “a redneck from Texas who’s lost his job, with a pickup truck and 12 kids and a wife to support.”

I seriously doubt he expects that person to donate it to the Smithsonian.
Reply


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