Most of you have probably heard about the buried treasures of famous pirates, or the occasional story about the old hermit that buried his fortune, and then died not telling anyone where he buried his stash. Many of those stories are fictional. However, pirate’s treasures have been dug up, and hermit caches have been located, and some are still out there waiting to be found, but this article will give you the information you need to begin searching for hidden money inside older homes.
Why search for hidden money in old homes, two reasons.
First, the old coins, mostly silver in content, are worth more today. Silver has gone up in price, and there is a need, from a market standpoint for older silver coins.
The second reason, many people in the past did not trust banks.
The lack of trust became more evident, just before, during, and after the depression years. Many hidden caches are being located today in homes that existed during those years. If you are living in one of those older homes, and you are not the original owner, then pay attention. This article may end up being the best article you have ever read.
Here are the three secret hiding places for old coins and money in older homes.
Old Pipes That Go Nowhere
A popular hiding place for old coins, especially silver dollars was inside old cast iron pipes.
Older homes had cast iron pipes. Some still have the old pipe system. People would cap off the end of a section of pipe that was no longer used, then stuff their coins or paper dollars into that section, at the opposite end, and then cap that end. Be sure to look for these pipe sections, especially if you live in an older home that has new plumbing. The cellar areas are the most popular places for capped off piping.
Beneath the Floor
Does the original floor of your home still exist? If so, you may be walking on some money.
A frequent hiding place for a stash in an older home was the area beneath the floor, and the joist. Look for any loose floorboards. Usually the rooms that were the most private, like the bathroom, closets, or an attic with a floor, were the best places to hide money. Secrecy was paramount when caching money or valuables. If the person doing the hiding wanted to keep the secret from family members, they would not cache their loot in a room where everyone congregated.
Beneath That Old Bathtub
Does your home still have the old type bathtub with legs?
I know people who have found hidden money beneath those old tubs. One individual found an old metal box filled with gold coins. He was remodeling the home he had just purchased when he saw the metal box beneath the old bathtub he was removing.
If you do not own an older home, but you would like to search them, pay attention when you are driving. Many times, you will see old, empty homes. Locate the owner, tell him or her what you would like to do, and that you are knowledgeable about where to search older homes, get permission, and of course offer to share the find. After all, it is their property.
Are You Interested In A Metal Detector Or Accessories?
Using a metal detector around an old home can be just as rewarding as searching the interior of the home. Many old coins have been lost or dropped in the yards of homes.
If you do not own a metal detector and you are thinking of purchasing one, do not over spend. Too often, newcomers to the hobby buy expensive detectors only to discover nothing but confusion about how to use their new model.
If you spend between $350-$450 on a new model, that is good enough. Just read the owners manual, and practice with your detector, and you will do fine. Move up to the high end models after you have become proficient in the hobby.
Visit my store and see what great deals there are on metal detectors, accessories, and much more.