ABA Journal


Trusts & Estates

$7M in gold coins found in intestate man’s garage will be auctioned at courthouse

Jan 29, 2013, 03:11 pm CDT


$7.4 million in gold at today’s prices would still have cost him around $540k if accumulated at the rough price of $125 (give or tqke) that gold sat around for decades. Even at the old $32 per ounce price when the US was on the gold standard, would still have cost him about $140k to accumulate that much gold.

By TMJ on 2013 01 29, 9:49 pm CDT

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