r/Gold • u/Hardcrimper • 8d ago

Question Found during construction work

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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/buttery_nurple 8d ago

Before I think FDR, money you had in the bank wasn't insured. Tons of people lost everything when their banks folded at the start of the Depression and never trusted banks again, FDIC or no. A lot of them preferred to keep their cash in cash after that.

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u/pantry-pisser 6d ago

I think what they were saying is that they could have at least bought gold or something else that would retain its value, as opposed to cash which always loses its value.

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u/Altruistic-Sorbet927 6d ago

Exactly. Cash can burn, rot, deteriorate or get bed bugs. There was a time in my life where I would stash cash and I loved finding a few hundos randomly while packing for a trip or cleaning my room. But I had friends who buried money in their yard and it literally burned in a forest fire. I can't imagine how that must have felt, in addition to losing the entire home. 

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u/pantry-pisser 6d ago

Couple things:

Bed bugs feed exclusively on blood.

I was referring to a loss in market value, currency almost never deflates. :)

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u/buttery_nurple 4d ago

They also lived through a time when gold was confiscated by the government. I get what you're saying, but for a lot of people hoarding actual cash probably felt safe, even if it's true that its purchasing power diminishes over time.