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Can paper money last 18 years buried in an ammo can?

John 'n' W.Va

Active member
A guy I work with said his grandfather withdrew $50,000 from the bank and buried it somewhere on his 4 acre property. He buried it in 1990. He wouldn't tell where he buried it and died two years later. They bought a MD'er and tried to find it, but admits they really didn't know what they were doing. My co-worker said they looked for 10 years and dug up everything.

I was wondering if it would be worth looking for it or is it already rotted away.
 
Depends on if the can he put it in was watertight. If it was watertight then there's a good chance its still ok.Guess the only way you're gonna know is find it.
 
Even if it's rotted, there still should be enough left to send to the treasury to be replaced for new cash.

Hopefully he buried it in a metal container, and not tupperware or something plastic... otherwise it would be pretty difficult to find lol.

.. Or they could call this joker.

http://margotmystic.files.wordpress.com/2008/03/john-edward.jpg
 
Of course it's worth looking for.

If you can get onto the property with permission you should try to find it. If you do find the can the cash could be in good shape or good enough for the bank.

Work out a split, in writing, in case you find it. I don't think you should go any lower than 10% though. 20% might be more appropriate. Heck, if you can find it and they can't I'd say it would be worth it to them.

Anyone who buries something would probably bury it near a land mark (tree, fence post, rock etc.) so hit the landmarks first instead of spending a lot of time in open ground.

Also, if the ground is fairly flat, keep your eyes peeled for any small depressions in the ground where the dirt might have settled after the can was buried.

Go for it. Make them an offer at 20%, in writing, and give it a try. Worse that happens is that you don't find it. If you do find it then everyone wins.

Keep us posted.
 
Most ammo cans have a very sturdy rubber gasket that seals really well. It it is still intact the money should be as good as when it was buried.

Marc
 
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