@@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
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
@@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
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.
I watched the video not Lauren go where a guy found $30,000 buried under the stairs of his house that he just bought. He then said he returned it to the rightful owner. That's dumb stupid and ridiculous. If you bought the house and found money in it you are the rightful owner. Damn nation !!
@@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.
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.
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
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.
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." 😁
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.
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
@@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.
@@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.
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.
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
This is such a perfect example of the devaluation of a currency over time (IE "Loss of puchasing power") If this person would have simply buried the $2000 but in Gold instead of Paper Bills, it would be valued today at $250,000. Dont EVER save in cash.
Everyone saying it is worth more than 2k dollars. It is not. They are worth face value but the story is worth more than that. He is right. I personally would rake in more cash.....I will se my way out.
@@jemlesvideo still, if theyd stashed gold coinage, theyd be looking at around 100 oz or 240,000, so maybe not millions... but the gold, as i guess they say it tends to do, would have retained its relative societal value
@@gottago671 solid point, but id still posit it just depends on timing, coinage was still circulating until 1933, when it was made illegal outside small amounts of jewelry, and it was actually in january 1934 that the gold reserve act was passed, immediatley raising the price from 20.67 to 35 dollars as you mention, one could easily imaging that if you had 2000 dollars in 1934, much of it easily could have been stored in face value coinage, with a little forsight, and proper timing, unless they had just come upon all that money just at that time, from selling a house or something. Definitely a very interesting point in history to look at and think about how people were choosing to store their money either way tho.
2:25 No, its not worth 43.000$ 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.
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.
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
Somebody probably worked their ass off and kept adding to that stash 90+ years ago to make a better life for themselves or their family and died before they could - Sad to think.
@@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.*
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.
If you do your homework some of these bills are probably worth thousands if not millions and probably there’s a couple of star notes in there worth a lot !!!! Get them graded
@@raymondkidwell7135 I don't believe that they were "Gold certificates"! More likely, they were "Silver Certificates", since gold ownership was prohibited in 1933!
If they were coins, they'd probably be worth a lot. Since they are bills and the USA is no longer on the gold standard, their value may not be significant. Most of their worth would likely come from interest from collectors.
@@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.
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.
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./
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".
@@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.
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.
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.
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 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.
@@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
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.
Not “minted IN 1934”. It’s a revision A which likely is just beyond 1934 as it’s a major revision. Series 1934 went on until the next in 1950. Went up to “D” major revision. Since these are all the same it’s likely it was on the early side of that interval but not 1934 strictly.
"Pristine condition"?? Haha; they're crumbled and dirty, and they were not "minted" in 1934. They were printed, and the series, not necessarily the printing date, is 1934.
They’re in pretty damn good shape for their ordeal. Some are holed or torn, but many look great…except for the edges. Obviously the ground affected the edges at least.
Dude who buried that could have bought half that island. Don’t let them fool you..a house was $1000 back than. That’s 2 houses. More like $800,000 than 43k. Edit: did the research: a nice home was $5000-$7000. A nice home today is $800,000. So roughly 2k = $300,000.
you cna use gold in order to figure out that purchase power. The purchase power of 2.000$ in 1934 would have allowed at that time to purchase 2000/34 = 59 gold ounces. Current price of 1 gold ounces is 2.300$. If you have 59 gold ounces today you can resell it at 135.700$
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
Shiiiit I be digging around there all week 😂😂
😂😂😂
Exactly
And now so will everyone who saw this story.
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
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.
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
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
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 😡
@@DBAllen id never pawn my dog turds
I watched the video not Lauren go where a guy found $30,000 buried under the stairs of his house that he just bought. He then said he returned it to the rightful owner. That's dumb stupid and ridiculous. If you bought the house and found money in it you are the rightful owner. Damn nation !!
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.
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
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 RUclips.
That money belongs to Al Capone ! 😂
In some states the law requires you to report valuable items that you find hidden on your property.
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
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.
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." 😁
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.
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.
That’s mine sir, I left it there. I’m coming by tonight to retrieve it, thanks.
That's almost ten years worth of saving considering the average pay was 40 cents an hour
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.
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
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
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 😂
@@FredNeck-z4u 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.
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
🤣
This is such a perfect example of the devaluation of a currency over time (IE "Loss of puchasing power") If this person would have simply buried the $2000 but in Gold instead of Paper Bills, it would be valued today at $250,000. Dont EVER save in cash.
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
Everyone saying it is worth more than 2k dollars. It is not. They are worth face value but the story is worth more than that. He is right. I personally would rake in more cash.....I will se my way out.
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
How is this treasure? $2K today won’t even pay the rent.
First mistake was telling his wife. LOL
If it was invested in the S&P 500 in 1934 it would have been $23M
2:25 No, its not worth 43.000$ 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.
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.
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.
Probably old mob money.
Al Capone style.
Now the IRS will send him a bill!
Somebody probably worked their ass off and kept adding to that stash 90+ years ago to make a better life for themselves or their family and died before they could - Sad to think.
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.*
He could donate it to a local museum. In exchange, they could create a small exhibit for his discovery.
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
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.....
Most of the bills are in pristine condition? What?
Why would he feel the need to publicize this🤷♂️🤔
I'm surprised the money was in that good of shape, was down there a long time.
If you do your homework some of these bills are probably worth thousands if not millions and probably there’s a couple of star notes in there worth a lot !!!! Get them graded
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!
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.
*90 year old man with dimensia*
“Wait a minute”
If they were coins, they'd probably be worth a lot. Since they are bills and the USA is no longer on the gold standard, their value may not be significant. Most of their worth would likely come from interest from collectors.
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.
@@Acokeekm
@@ericsierra-franco7802
Descendants of the original owner? You never know where the story can go when you open your trap.
that was a lot of money in 1934. inflation ruined that find...
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
and your first thought is quick!...call the news!😂
Why would you tell the news.
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.
Nicky Scarfo’s associates will be paying him a visit 😂
Give it to his grand kids
Would be worth more at that point
Probably died suddenly; didn't think to tell his kids or grandkids.
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.
GOVERNMENT: "Thank you sir for doing the hardest part for us, we'll be sending a couple of people to discuss OUR finding"
Had it been in silver dollars instead of paper, it would be worth half a $million.
I’d get the rare, the ones in good and great condition graded. Sell them . Buy gold with the proceeds and keep the rest.
“So what are you going to do with all this money?”
“I figure I’ll get the extra cheese on a sandwich.”
Price of gold in 1934, 35 dollars
Price of gold in 2024, 2,300 dollars
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.
that's gotta be a lost mafia blood money. after all, the location that home owner's live is around Jersey, Philly area,
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 they'd have buried $2,000 in gold in 1934 (at $35 an ounce back then) it would be worth $154,000 today.
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.
Too bad they didnt save the silver coins. Thatd be worth hundreds of thousands.
$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.
@dammitbobby283 He should have spent it in 1935.
@@7SideWays 2k would buy u a little house in the 1960's. in the 30's itd buy several:)
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.
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.
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.
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.
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
IRS: Thanks for telling us 😆
Piles and piles? Two rolls. Hopefully they have some collector value. $2000 back then would buy a house. Now it won’t buy a suit.
I wish I could be so lucky.
40k just found in 2 restauants bathroom marysville
The bills alone sre worth more than what he found.
He probably can sell the bills to collectors 😊
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?
It’s one month of expensive no big deal
Too bad it was $43,000 worth of gold purchased back then.
What's astounding is that we're reading about it
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 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.
If the person who buried it had the sense to bury coinage instead of paper, it would be worth over 40,000 today.
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😂
my family paid off a mortgage on the farm for 3000 in 1923. That was a lot of money so I figure they died or forgot about it.
Died suddenly without telling the kids or grandkids seems more likely than just plain forgot.
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.
Not “minted IN 1934”. It’s a revision A which likely is just beyond 1934 as it’s a major revision. Series 1934 went on until the next in 1950. Went up to “D” major revision. Since these are all the same it’s likely it was on the early side of that interval but not 1934 strictly.
Hey buddy its mine give it back
You lose ,I remember burying it in a past life.
"Pristine condition"?? Haha; they're crumbled and dirty, and they were not "minted" in 1934. They were printed, and the series, not necessarily the printing date, is 1934.
They’re in pretty damn good shape for their ordeal. Some are holed or torn, but many look great…except for the edges. Obviously the ground affected the edges at least.
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.
Dude who buried that could have bought half that island. Don’t let them fool you..a house was $1000 back than. That’s 2 houses. More like $800,000 than 43k. Edit: did the research: a nice home was $5000-$7000. A nice home today is $800,000. So roughly 2k = $300,000.
you cna use gold in order to figure out that purchase power. The purchase power of 2.000$ in 1934 would have allowed at that time to purchase 2000/34 = 59 gold ounces. Current price of 1 gold ounces is 2.300$. If you have 59 gold ounces today you can resell it at 135.700$
MOB action.....
Why would you tell anyone especially the news. 🙄
Because now here comes the tax man and the treasure hunters.
My left hand wouldn’t know ,that my right hand had it