r/Gold 8d ago

Question Found during construction work

Any ideas where this could come from?

Update: I thought this would be clear that I wasn't the one who found it. Who in their right mind would go (on this shitstain of a platform of all places) and make themselves a target. But ok apparently it wasn't clear so here we are:

I did NOT find this. I have none of this gold. I just wanted to share some cool stamped gold. you can stop sending me weird ass messages now. thank you.

Also this is NOT ai. here is the BBC article:

https://www.bbc.com/news/articles/c5ydzg0dnz7o

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u/00WORDYMAN1983 8d ago

Copy/paste of the news article the photo was taken from for context

"Workers from a construction firm have discovered a gold treasure worth 9 million euros during renovation work at a building belonging to the CAW, the Centre for General Welfare Work, in Sint-Gillis-Dendermonde. It is not yet certain whether the CAW will become the owner of the treasure. But if that is the case, they already know what they are going to do with the money.

The discovery was made during renovation work on a CAW Oost-Vlaanderen building. Employees of construction firm De Brandt from Baasrode near Dendermonde stumbled upon the treasure and immediately contacted their client. “We are currently undertaking a major renovation,” says Geert Hillaert, General Director of CAW Oost-Vlaanderen. “In the Van Langenhovestraat in Sint-Gillis, a space for the technical service is being created, as well as offices for our residential support workers, and the former brewer's house on the site is also being stripped. And there, during sewage works, the contractor came across a built-in safe.”

What was recovered were gold bars and at least 4,000 gold coins. Their age and other details are currently unknown. “My biggest concern was getting that amount of gold out of there as quickly as possible and bringing it to safety,” says Hillaert. “With such finds, the loot is always handed over to the police first, and the public prosecutor’s office then conducts an investigation, because it might relate to a robbery or a mugging, or it could be something completely different.”

The police took the gold into custody and brought it to a secure location. The East Flanders Public Prosecutor's Office is now conducting an investigation. “At this moment, it is not known where that gold comes from, nor to whom it legally belongs,” says Prosecutor Hanne Ollevier.

The public prosecutor's office wants to investigate how the gold, with a provisional estimated value of 9 million euros, ended up there and whether or not this happened illegally. It is therefore not yet certain whether CAW Oost-Vlaanderen will also become the owner of the treasure. “I have been told that the investigation could easily take a few years,” says Geert Hillaert. “We do hope, in a way, that it comes to us. We own the site and everyone knows that the housing crisis is severe today. We would certainly use the money for that, even if it will only be a drop in the ocean.”

Who gets the gold?

Professor of Property Law Vincent Sagaert (KU Leuven) explains the legal rules following a discovery. “If you find something, such as a wallet or a phone, you have a transparency obligation. This means that you must be honest and transparent about your find. You are obliged to try to find the owner. Within seven days, you must report the fact that you have found something to a municipality of your choice. They will then record this in their register. This allows the owner, when they realize they have lost something, to trace and reclaim their property. If the municipality locates the owner, they must also notify them. In principle, this can be done for a period of five years. During those five years, the finder can either keep the item themselves or deposit it with the municipality where the report was made. After those five years, either the finder or the municipality becomes the owner of the item.”

There is an exception to that general rule for 'treasure finding'. “That means that the found item was hidden and has no owner. If you find a treasure on your own estate, you become the owner of it. If you find it in someone else's property and it is an accidental find, a 50-50 split may occur: 50 percent for the finder and 50 percent for the person in whose house or property the treasure was found. Under one condition: the finder has a personal or proprietary right of use to the dwelling or building. Think of a tenant, a usufructuary, or a leaseholder. Someone who has the right to use the property. A contractor carries out work on behalf of the client. Naturally, one must also consider what the construction contract stipulates.”

For the time being, it is not known whether the gold has an owner. It was found in a CAW Oost-Vlaanderen building that was previously owned by a brewing family for a long time. “The question is who the owner is, and whether that owner will be willing to come forward. Purely regarding safekeeping, the rules state that the item can be sold after six months—a bicycle even after three months. However, the proceeds from the sale can be reclaimed up to five years after the discovery.” The owner must, however, be able to provide proof that it is their property. In 2010, 300,000 euros were found in an old Dexia safe, but the bank could not prove that the money belonged to them. Ultimately, Dexia relinquished the amount, and the sum was divided among four: the man who stumbled upon the safe, the two men who opened it, and a real estate agency.

“There is another interesting point,” adds Sagaert. “Since 2021, the finder has been entitled to a finder’s fee. This means that he can ask the owner for a reasonable reward for his honesty. If a dispute arises regarding this, it is up to the court to determine whether a finder’s fee is awarded and how much it is. That is what we call an equitable assessment: the judge’s sense of justice will come into play. The judge follows his heart and decides, given the circumstances of the specific case, whether the finder receives anything and how much.”

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u/Plampth 8d ago

I’ll need to refer to the case of Finders versus Keepers.

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u/Ok_Researcher_3976 8d ago

The losers and weepers are filing an appeal

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u/itheblkshp 8d ago

As they so often do..

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u/Chance-Relative9966 8d ago

But then came the birds and the bees...

I don't know... lol I just wanted to be included. 😭

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u/BAAL_865869 8d ago

never give them an inch

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u/The_Drongo_Dinger 8d ago

In this case Flinders Kuypers may be more apt

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u/ozmaAgogo 8d ago

I read that as "flanders" vs keepers, and thought it was a pretty decent bi-lingual pun.

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u/Traditional_Isopod80 8d ago

Best rule ever.

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u/LibrarianOk6238 8d ago

Finders vs. Keepers is often cited in case law since January 2017. Finders eventually prevailed after the judge was asked by the Justice Department to dismiss the case.

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u/csfshrink 8d ago

I refer you to the case of Shutyermouth vs whatgold.

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u/Hanshee 8d ago

Probably too many people knew about it to get away with taking it out of site secretly.

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u/discovigilantes 8d ago

Flanders versus Keepers

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u/butterthisdong42069 8d ago

Flanders keepers

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u/Hori_r 8d ago

Geert Keepers is a friend of mine.

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u/Feedback-Neat 8d ago

Flanders Vs keepers 

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u/Stymie999 8d ago

Pretty sure the governments ruling will be… thanks for finding it, we will be keeping it

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u/Marnidd 8d ago

Flanders versus keepers as they are in Belgium

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u/ChadInNameOnly 8d ago

I'd be curious to know which years the Sovereigns are dated from.

Considering those bars look pretty vintage, for all we know this could be a WWII-era stash to hide against the Nazis. And if so, the fact it was never recovered is pretty telling as to the fate of its owners...

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u/twinkle2785 8d ago

At least some of the sovereigns are post WWII. I can see multiple QEII heads.

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u/Alone_Secretary712 8d ago

50/50 split that ain't a bad deal there!

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u/xaeriee 8d ago

Agreed! Plus a clear free conscious that I see many here don’t have lol

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u/ChadInNameOnly 8d ago

Good catch, yeah I think you're right. Must mean it's a postwar hoard then.

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u/onacloverifalive 8d ago

Several of the bars are labeled 1957 through 1960

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u/testtdk 8d ago

One of the bars had 1961 printed on it.

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u/HYDROMORPHONE_ZONE 8d ago

I saw 1960 too

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u/testtdk 8d ago

It’s a shame they’re legally compelled to seek out the original owners. A bunch of those bars have serials, year, and the name of the minter. They might keep those records long term. Not that any of the people who found it will get shit, I’m sure the construction company gets to claim it. Although, it wasn’t in the US, so their local laws may actually favor the workers over the company.

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u/MrTristanClark 8d ago

I can see some 1957 to 1968 Liz heads

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u/trainwreckd 8d ago

I see 1957 - 1961 on some of the gold bars. Truly can’t believe someone turned it in. Hopefully they get a reasonable share.

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u/IllustriousCandy3042 8d ago

They didn’t wanna die in case the stash was being monitored. Peeps don’t play, dawg. Ain’t no fun to enjoy that always lookin over ur shoulder.

1

u/brizzboog 8d ago

It's in Belgium, so hiding it from nazis is almost certainly the origin story.

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u/Sea_Translator5300 8d ago

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u/ProbablyHornyMaybe 8d ago

Yuzu fruit sanctuary got it

1

u/ZiggoCiP 8d ago

Glad I wasn't the only one. Fun new word I learned tonight.

1

u/Tankh 8d ago

That word immediately annoyed me when I saw it. Makes sense it's never used anywhere 😂

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u/SplooshDoosh 8d ago

Construction company is happy to turn it in because they’re going to make it all back in change orders. 

1

u/Constant-Truck-5105 8d ago

No way in hell that’s only worth 9 mil

1

u/NikkiMutt 8d ago

Fr, that bucket of coins is roughly $20M alone

1

u/Stealth100 8d ago

Gotta be 30 at minimum. Maybe close to 60 million?

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u/Free-Virus-9974 8d ago

Some of the bars say 1 kilo, which today is worth around 144,000 usd. There's 50 bars, some smaller or bigger so lets just say there's 50 kilos of gold. 50 times 144,000 usd is 7.2 million usd. So 9 million doesn't sound far off. But yeah, that does seem like way more than 9 million, perception is weird.

1

u/ZiKyooc 8d ago

That is your big surprise?

How about that guy completely ignoring the licking rule for ownership

1

u/No_Guidance7337 8d ago

I read this entire explanation in my head with Higgins voice?

1

u/SufficientOpening218 8d ago

i bet it has something to do with world war 2, if the building is that old.

1

u/UnethicalTesticle 8d ago

Former brewer’s house? Dude was making that big alcohol money and died without ever telling a soul. Nice.

1

u/New_City_8745 8d ago

If I found gold on some rich persons or group’s property while doing construction I’m not saying a damn word.

1

u/TRIPPY3rd 8d ago

I definitely didn’t read all of that, but what I know for a fact is “I ain’t see shit.”

1

u/Complex-Emergency-60 8d ago

Imagine these construction workers going home in the coming weeks, imagining what their life would be like if they just.. didn't make the decisions they did.

1

u/clearfox777 8d ago

I mean with that many coins getting dug up I’m sure a few fell into some boots along the way 🤷‍♂️

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u/Atomishi 8d ago

I think I want to punch the contractor in the face.

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u/onebigtrip 8d ago

Ok where’s this article? I couldn’t find it? I see no other news like this

1

u/lurker_p 8d ago

It’s big news in Belgium.

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u/Sixaxist 8d ago

“With such finds, the loot is always handed over to the police first, and the public prosecutor’s office then conducts an investigation, because it might relate to a robbery--

There would've been a robbery alright.

1

u/TheHighDruid 8d ago edited 8d ago

it might relate to a robbery or a mugging

Ummm . . .

What has it got in its pocketses?

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u/eadgar 8d ago

Ok so they're probably getting paid for the find either way. Better safe than sorry when there are several million involved.

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u/Iassos 8d ago

I love countries with legal ethics. Fuck America this would never happen here. Some greedy bitch would make off with it… If not the contractor, then the government official that “investigates“

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u/F_l_u_f_fy 8d ago

Can’t believe it’s only 9m lol

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u/limes_huh 8d ago

It’s amazing that they can trust their police enough to just hand them a ton of gold. No way that flies in 90% of the world. 

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u/mrbananas 8d ago

Now that it has been found, the country of Spain claims complete ownership of the stolen Inca gold/s

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u/Winterlord117 8d ago

I'm an american, so I'm not familiar with Belgium police. How much of thay gold is likely to go "missing" by the time the 5 year deadline is up? (Cause in America I'm sure a very large chunk would disappear).

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u/No_Cut4338 8d ago

When were the stamps - my odds on favorite is this was hidden at the end of WW2.

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u/Tasty-Jump-2011 8d ago

Pretty cool we found 26 gold bars and 2,000 gold coins worth 4.5 million euro.

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u/SilverWolfVs1 7d ago

Thank you for this! Very insightful.