You have 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. Leaving it behind for all eternity, or for some lucky individual searching for it, and finding it. Many of those treasures, both large and small are hidden away in towns, villages, and cities all across America. There is no doubt in my mind that within 10 miles from where you live there are at least two old houses that have old coins cached in a secreted spot.
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 is this. Many people did not trust banks. This is reason enough to search the older homes.
The lack of trust in banks 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.
Here are three secret hiding places for old coins and money in older homes. They’ve paid off for me and others as well.
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, they would add another screw cap. Be sure to look for these pipe sections.
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 older homes was beneath the floor. Look for loose floorboards. Usually, the rooms that were the most private, like the bathroom, bedrooms, 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 The Old Bathtub
Does your home still have the old type bathtub with legs?
Myself and I know others 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 found the metal box beneath the old bathtub he was removing.
If you do not own an older home, but you would like to search for them, pay attention when you are driving. Many times you will see old, empty homes that are boarded up, or with "No Trespassing" signs on them.. Locate the owner. Tell him or her what you would like to do. Be honest with them. Explain that you are knowledgeable about where to search older homes for any possible treasures. Get permission, and of course offer to share the find. After all, it’s 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.
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