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Showing posts with label Homeless man finds cash and rare coins. Show all posts
Showing posts with label Homeless man finds cash and rare coins. Show all posts

Thursday, June 14, 2012

Finders Keepers

A homeless man who found at least $70,000 in cash abandoned in a Texas park has been told he can keep the money.MyFoxAustin reports the Bastrop City Council voted unanimously to let Timothy Yost keep the bag of 70 $100 bills and 40 kruggerand coins he found in a wet plastic bag January 18 along the Colorado River, Texas.
Kruggerand coins are collector coins from South Africa, that, according to one seller's website, sell for approximately $1,600 apiece.

Police seized the money after Yost brought the loot to a local bank in hopes of exchanging some of the wet bills for dry ones. Yost and his attorney, Aleta Peacock, filed a lawsuit against the city to get the money back, which has since been dropped.