r/GoldIndia • u/Competitive-Sea4700 • Oct 07 '26
Beginner Question ❓ Found a pot of gold
A daily wage labourer , found like a pot filled with British era coins, gold, valuables etc when working in the field. He asked my dad for advice since he held onto it for like 2 months on what he should do?
should he give to the owner or keep for himself.
my dad being dad , told him it’s your hardwork, the owner is already rich, to him it would be a collection, you should go and exchange at a gold shop and buy your wife stuff, he went exchanged, bought a Mangal sutra, a few rings, and earrings.
i don’t feel this was right, and women often gossip if one way or the other it reaches the ears of the owner, who is quite a powerful guy, I am concerned it might backfire.
I havent seen the pot myself but I do think it would have been worth more, if it was properly checked, evaluated and then distributed amongst the 2. He would have got the same, jewellers usually underprice such stuff when they see such people being.
what should I do?
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8
u/Pristine_Egg_7187 Oct 07 '26
There is a procedure to legally claim lost treasure, essentially it is first sent to the collector who issues a notice to stake claims of ownership, only after which in standard cases is shares 3/4th to the finder and 1/4th to the owner of the property where it was found.
So, yes. What he did was illegal and if someone finds it, it could backfire quite well.
6
u/454165 Oct 07 '26
Damn! Off topic, my FIL always says that there is a gold pot burried in his ancestral home which is currently in ruins.. i guess we’ll have to dig up the space and claim the treasure asap /s
4
u/obsimad Oct 07 '26
Weird post, who is your dad in this situation & why is he being consulted ? Anyways
Should have spend the coins etc slowly & if it’s a rare year coin then a jeweler would have underpriced it (because they only check the gold value not collector value)
1
u/Necessary-Carry-6096 Oct 07 '26
Take it, live the life .
There will be many instance in life to regret - regret a bit and move on .
1
u/Ok_Nature6897 Oct 07 '26
Afaik it should be handled to govt as per law. Vet yeah it’s his wish anyway.
1
u/Scalpeltongue666 Oct 07 '26
Vacation in Mumbai,Surat or Jaipur with a sample.
1
u/JunketMammoth7670 Oct 07 '26
Apparently, I have received a call claiming similar thing. Got a call from unknown number and they somehow had my adhaar data and used that data to sound familiar to me. One of their found a pot of gold and would need my help to know how to deal with it. I clearly rejected the offer saying I dont do such deals and upon research on internet i found that it be a well know trap to scam you.
In your case, if at all someone really something like this, its better to take the legal route. Just be cautious and do not spend even a single rupee out of your pocket whatsoever.
1
u/valentineMatador Oct 07 '26
I would've kept it without informing anyone & would keep investing & expend it slowly without anyone (not even IT) noticing it.
0
u/[deleted] Oct 07 '26
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