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Ltryptophan's avatar

Are there some houses/cities/businesses that haven't been touched since 1964 with lots of plain old silver money laying around?

Asked by Ltryptophan (10243points) March 2nd, 2010

1964 Wasn’t that long ago. That is the year normal dimes, and quarters and up stopped being 90% silver. Maybe there are some places left that were flooded or something that might still have this silver right where people left it. I have heard of apartments, and houses that people never visit.

How often do finds like this occur; whereat the money wasn’t collected by someone, but rather just forgotten in place.

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12 Answers

mponochie's avatar

If you find out where they are let me know.

Ltryptophan's avatar

I get silver all the time in my drawer at work. I can’t understand why the stuff is still floating around like it is the same as the rest of the currency.

Berserker's avatar

Cannibal villages maybe.

I mean, even if you find unclaimed moolah, someone of a higher authority will just pilfer it from you.

Also, cannibals.

dalepetrie's avatar

In regards to 1964 having been not that long ago, how many houses have you ever seen that have been vacant for 46 or more consecutive years. Plus not only would the house have to have been vacant, but it would have to have been pretty much untouched, meaning no next of kin would have entered the house which in and of itself is highly unlikely. Sure, if something were destroyed by a flood, I suppose money could have ended up in a river and maybe even eventually on the ocean floor, though chances are it probably would have washed up on a beach somewhere and someone with a metal detector or just good eyes would have claimed it. I’d say the vast majority of misplaced wealth probably exists at the bottom of the ocean from shipwrecks that have not yet been recovered. I think every now and then you will hear a story about someone maybe going into the attic and digging through some of grandpa’s things that had never been gone through and finding something of value. You could have some old people who are still alive who put their coins in jars back then and never cashed them in. You could have unopened safety deposit boxes that have been paid for a long time but never opened or examined. Money could be hidden and forgotten about when the owner died. These kinds of things can and do happen (in fact, it was within the last few years that someone found a stash of 8 gold coins of which it was previously believed there was only one in existence, and that one had just sold at auction for over $4M), but I’m not suspecting the extremely vast majority of people to ever find lost wealth. Honestly, your best bet for finding old silver coins is probably to find property with a LOT of land in a rural area, land that used to be well travelled perhaps but which is not really used for much and is now overgrown, and get a good metal detector. Like I’ve considered taking my detector (which I’ve barely used) to my parents’ house, they’ve lived in the same house since 1976, which REALLY wasn’t that long after 1964, it’s 4 miles from the nearest town, it’s 8 acres and mostly covered in grass. People way back used to farm it, there were outbuildings in areas that my parents rarely even walked into. The house was built at the turn of the century, I have to imagine that someone at some point in the first 50 or so years of the house’s existence walked out onto that land and dropped a coin or two, never to be found. It would be a needle (or needles depending on how lucky I got) in a haystack, but I might net something out of it. I’m not however that optimistic that there’s some shack somewhere that no one has bothered to set foot in for 50 years which just happens to (still) contain things of value. I’d say your odds are better with the lottery.

Jeruba's avatar

I probably have some lying right where I left it, in old boxes and purses and, for all I know, pockets that haven’t been visited in that long. Seems like yesterday . . .

Ltryptophan's avatar

Well, I have known of a couple houses at least that have been vacant and untouched since easily the seventies. Even a house encapsulated from the seventies would net a bunch of silver. People who have money leave their parents estates in tact sometimes b/c they woul rather not deal with it or their lives are too busy. Many of the houses that exist today were built earlier than 64 so potentially they could all have some finds in their dirt. Finally I know the great generation to be hoarders and when they go I think alot of their coin will be silver, like daleoetrie said.

dalepetrie's avatar

I do really wonder how many vacant/untouched houses there could possibly be in this modern age though. Consider how many vacant houses these days have had someone break in and take the copper wires from the walls, chances are if you know a house has been vacant for a long time, so do theives, and they’ve probably come and gone long ago.

YoH's avatar

I retired from a major retail thrift store that processed donations. Families would donate an entire estate and finds were common. A few of the surprises were Grandma’s gold teeth in a jar of buttons and Grandpa’s silver dollars in a tackle box.The hems of clothing, particularly coats, were worth checking for hidden paper money. So I think you’d find better discoveries at an auction than in a structure.

Ltryptophan's avatar

@YoH what sort of auction do you recommend, and how does one get into that.

YoH's avatar

@Ltryptophan Typically auctions are advertised in local newspapers as household or estate auctions. Some are held indoors at some sort of community center or county fair grounds,and others are held outdoors. Many of these auctions have boxes of ‘junk’ that may hold treasures. Go early to check out what is going to be sold. Simply sign in and register to get a bidding number. It’s incredible fun and a great learning experience if you attend several.

Ltryptophan's avatar

YoH What do thrift store operators do with the loot that they get first dibs on? Do they put it into the business, or do they pocket the cool stuff and market the crap. It certainly seems they market the crap, but then again I imagine people aren’t giving away treasures for donation very often.

YoH's avatar

@Ltryptophan A few major thrift stores have online auction sites which sell by top bid, much like ebay. The business I worked for needed the sales for it’s monthly sales quota, and received donations were put on the sales floor. Several things can effect donations received, such as seasonsal change,or when someone moves or passes away,cleaning house, and generosity. Many people like seeing their donation offered for sale and sometimes are surprised at what it will sell for.

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