GARRETT GUIDE To Treasure Reprinted with permission by Charles Garrett
MONEY Caches Are Waiting To Be Found
ABOUT THIS GUIDE
This Garrett Guide has one purpose.
It is specifically designed to help treasure hunters find money!
What? You may ask. Aren't all treasure hunting books designed to help me find money, one way or the other... coins in the park... jewelry at the beach... valuable relics?
Yes, finding wealth of some type should be one of your goals whenever you turn on your metal detector, along with other equally valuable goals such as outdoor exercise and fresh air, the pleasure of relaxation and the thrill of discovery.
This guidebook is designed to explain how you must think and act differently, however, when you turn on your detector to hunt for a cache. Always remember you'll be looking for BIG money. True, you'll need all the knowledge you've developed in other kinds of hunting. And, your basic scanning techniques may be the same as the ones you've always used. It's your overall manner of searching for a cache - from research to recovery - that must be quite different... if you are to be successful.
The goal of this Garrett Guide, therefore, is to offer a little better idea of what cache hunting is all about and to explain the fundamentals of this exciting pastime. Three questions will be answered:
How does cache hunting differ from other types of treasure hunting?
What equipment and basic techniques are used by successful cache hunters?
How are certain techniques and other Th'ing factors unique to this aspect of the hobby.
First of all, cache hunting is different. Just remember that... no matter how successful you've been at finding coins... no matter how much jewelry you've dug out of the surf. Don't expect success in cache hunting unless you prepare yourself completely for a totally different type of treasure hunting.
Money caches are truly the big prizes of our hobby. In fact, they are so big that they have become more than a hobby for a few Th'ers; caches provide a full-time livelihood! But, some metal detector hobbyists who search for caches never realize the vast differences between hunting for these big prizes and all other types of treasure. Thus, they are continually unsuccessful in their efforts to "hit the jackpot." They never seem to be able to recover caches or money, weapons or other valuable objects. And, they just can't seem to understand why.
The experience of two nationally known treasure hunters comes to mind. They developed quite a reputation for their expertise with metal detectors. Through advertising and publicity they obtained a number of good treasure leads and information relating to cache sites. They generated considerable publicity about their proposed searches for caches and other "really big" prizes. They spent a great deal of their own and other people's money to pursue some of the leads, and they were successful in recovering a few coins and shallow relics. At first, their limited recoveries received the same high-powered publicity as their search plans. Eventually, the publicity died out.
As far as all of us can determine, the pair never recovered a substantial cache. Why? One reason is obvious; they were using general-purpose (eight-inch) search coils. Also, they were probably using the same techniques and procedures that had proven successful when they were recovering small items at relatively shallow depths.
Many experienced cache hunters would have paid good money for some of the information and leads these two squandered. How many valuable caches did this pair scan right over without knowing it? What a waste!
Some of the most pleasant hours I've enjoyed in metal detecting have been spent with my good friend Rol Lagel in the beautiful Nez Pearce country of northern Idaho searching for caches. In the summer of 1877, the Nez Pearce Indians were suddenly uprooted and forced to leave their ancestral homeland. They were forced to leave behind them many valuable things. Among these were numerous caches of coins and other treasures - some which they meant to recover later; others, which they simply "put down for keeps," which was a Nez Pearce custom. Because they undertook their historic trek to Canada on such short notice, some of the caches were buried hastily. Incidentally, my novel, The Missing Nez Pearce Gold, recounts the story of our search for the biggest of all their storehouses of hidden wealth.
Over the years, Roy and I have hunted for these caches with various kinds of detectors. It is truly amazing how much more effective today's modern instruments are than those with which we were so well satisfied just a few years back.
The soil at most of these Rocky Mountain cache sites has a high content of mineralization, and the terrain is generally rugged and uneven. The first challenge for a cache-hunting detector is to achieve precise ground balance that permits faint signals to be heard rather than background chatter. Secondly, search coils must be capable of operation at various heights above the ground because of rocks and other obstructions.
A third problem we encountered at the Nez Pearce locations concerned "hot rocks," those geological freaks that cause even the finest modern detectors to signal metal falsely. Since modern detectors with discrimination enabled us to deal quite effectively with these little pests, we suggest that you employ such a detector in cache hunting - even though you'll be hunting almost exclusively in your All-Metal mode.
Additional problems may come with ground balancing and excessive operating heights, but your modern instrument can overcome these when handled properly. Plus, it is always good to have discrimination... especially when you need it.
CACHE HUNTING BASICS
Because
cache hunting is different, the basic concepts governing it are also somewhat
different from those of other forms of treasure hunting. Following are the
primary rules that have proven successful for most of us cache hunters:
Hunt
only with a cache hunting detector
and the largest search coil available.
Conduct
extensive research; you can never
know too much about your target and the individual(s) who hid it.
Never
assume that because your target may be big that it will be easy
to find. Sure, some cache targets are quite large. But, they are
generally deep as well and, thus, more difficult to locate.
Certainly,
we do not suggest that you forget or ignore any of the techniques you have
already developed in the use of your metal detector. By all means, remember to
use all those special tricks that have proved so successful for you and your
instrument! As I continue to emphasize in all of my books and articles, basic
techniques of metal detecting remain the same because the laws of physics do not
change. Rules for ground balancing and audio tuning that were valid when you
were hunting coins in the park will be just as accurate when you’re seeking a
cache in the mineralized soil of a deserted ghost town.
It’s
the manner in which you apply the basic techniques that determines whether you
can be successful in cache hunting. Let’s consider some factors that will
govern your application of all basic techniques of treasure hunting. Each of
these factors can enter into successful recovery of deeply buried caches:
Geographic
location of the treasure site;
Ground
condition of the site and vegetation covering it;
Mineral
content of the soil;
Physical
size of the cache (generally overestimated!);
Depth
of the cache;
Changes
that might have occurred at the site since the cache was buried (generally
not considered!);
Your
detector and it’s search coil.
Misjudgment
of any one of the above can keep you from recovering the prize you seek. Let’s
consider the last factor first because this “tumbling block – the detector
itself – keeps more treasure hunters from discovering caches than any other
reason. There is no doubt in my mind concerning
this!
So,
you already have a detector… and it’s one with which you’re quite happy.
It’s a modern instrument, and it has proven highly successful for you. Perhaps
you’re a little insulted or even outraged, at my suggestion that your detector
won’t do
the job in cache hunting. Why, you may be asking, “how can you criticize my
reliable detector, ‘Old Betsy?’” It’s found all those coins for me. It
location Roman relics when I took it to England. It even discovered a tiny gold
nugget in the desert.
So
be it! Your Betsy sound wonderful. But, there is a good chance that this
reliable detector of your may be almost worthless for locating a deep cache –
especially, if you use a general-purpose search coil. To recover large, deep
treasures, you must use a large search coil… the largest available for your
detector. Twelve-inch diameter search coils are designed to be especially
effective in cache hunting situations.
No
matter what advertisements you have read or what stories you have heard,
principles of electronics remain eternal. They are the same for EVERY metal
detector… old and new. The larger search coil you use, the larger and deeper
penetrating will be the electromagnetic field that your detector will
generate. It’s just this simple: the three-foot electromagnetic field
generated by your smaller search coil will not reach that cache that is buried
four feet deep; the six-foot-plus field of your 12-inch coil will reach it!
As
you may already know from coin hunting experiences, the longer a coin has been
buried, the easier it is to detect. Depending upon soil characteristics and
other factors, freshly buried metallic objects can be detected to about one-half
the depth of the same objects when buried for a longer time. This same
phenomenon holds true in the detection of buried caches.
Does
your detector have a true All Metal
mode? It better! If you must use the Discriminate Mode – even set at
“zero” – you have to be certain that your detector does not furnish any
residual discrimination at this setting. Some detectors will
supply you with some discrimination, even at a zero setting. Now, this
little bit of discrimination may prevent nails and other small trash from being
detected. But, it can also prevent an iron container filled with coins from
being detected as well.
Garrett’s
calibrated detectors such as the Grand Master Hunter and its ADS models offer
absolutely NO discrimination at the zero setting of their Discriminate Mode.
When using the instruments of other manufacturers we urge that you test for
yourself.
Caches
come in all sizes, and they’re generally dreamed of as a Wells Fargo money
box, a big trunk or a set of saddle bags… all stuffed with gold coins, old
bills, and the like. I sincerely hope that this describes the cache that you
locate some day. In the meantime, please remember that most caches are small.
They consist of a tobacco tin holding a few bills or a quart fruit jar filled
with old coins. Not as exciting, perhaps, as the Wells Fargo box or those
outlaws saddlebags, but valuable nonetheless.
Regardless
of the size cache you seek, you must not take a chance. So, use a large search
coil. There is no doubt that even the best treasure hunters have left deep
caches that were beyond the range of the finest detectors available in earlier
years. These caches await you and other hunters with the 21st century
instruments capable of finding them.
Perhaps
it seems that this Guide is
“overstressing” the importance of using the proper detector or the right
size coil. Many failures in cache hunting, however, can be attributed to the
hobbyist who is thoroughly familiar with the techniques of coin hunting but is
inexperienced in seeking the deeper and larger prizes. Because he has full
confidence in his detector to locate deep coins, he man overestimate its
abilities when he begins to cache hunt. He may believe that since the cache is
large, he has all the power needed to locate it.
So,
he envisions himself a cache hunter and conducts proper research to develop a
good lead at, say, an old church or mission site. It was used, as a hideout
after a robbery and loot believed to have been buried there has never been
recovered. A great deal of time is obviously required by this research, and
reaching the site may call for considerably more time plus expenses, including
perhaps the purchase of additional equipment.
Finally,
after this expenditure of time and money, the would-be cache hunter is on-site,
ready to scan. Only, he uses his discriminating, coin-hunting detector and an
eight-inch search coil that leaves him almost helpless… and
he doesn’t even know it! Perhaps our self-designated cache hunter will
be able to salvage something from the trip by locating a few shallow relics or
old coins!
Occasionally,
you can actually see the above scenario portrayed in treasure magazines. The
article is all about an alleged “cache-hunting” expedition and is
accompanied by a picture of the individual(s) on site. Look at the search coils
on their detectors. If the search coils are small, this hunt may have produced a
few old coins or relics but probably not a cache… certainly, not one that was
deeply buried in mineralized soil.
Imagine
scanning right over a valuable cache
simply because your detector did not have the power or sensitivity to detect it.
Of course, that’s exactly what happened to the talented old-timers who used
early-day detectors. They didn’t even know when they were scanning right over
the caches that still are waiting for our modern 21st century
instruments today!
Now,
I certainly wouldn’t want anyone to think that my intention is to degrade any
detector or manufacturer – of today or yesterday. Some instruments produced
solely for coin hunting are highly satisfactory for that purpose = but I don’t
recommend them for cache hunting. And, some inexpensive instruments can be
adapted with larger search coils, but they are generally so unstable and so
poorly designed that they are virtually worthless in the field.
Dealers
may sometimes be faulted because they do not explain that a particular model
does not possess deep seeking capabilities or that it lacks the versatility
required for cache hunting. The popularity of certain instruments can become so
widespread in an area that they are recommended for all types of treasure
hunting. Limitations of such popular detectors are completely overlooked.
Knowledgeable
cache hunters certainly listen to the claims of manufacturers and dealers, but
they depend primarily upon field test data – usually their own. Professionals
who depend on treasure hunting for their livelihood demand the best quality
instruments and usually own two or more detectors on which they can rely.
Most
cache hunters spend a major portion of their time in research, seldom mentioning
their occupation except to another professional. Since proper research can
require extensive travel, expenses necessary simply to determine the location of
a single cache can e considerable – even before a detector is assembled or
turned on. Sometimes, cache hunters are required to pay sizable sums to obtain
information. Often, they agree to charge the cache on a percentage basis, a
common practice for gaining permission to search on private property.
Occasionally, a special detector must be purchased because of the nature of the
ground where a cache is sought. Proper financing, as well as patience, is
required.
The
cache hunter is willing to overcome all these obstacles because he or she is
seeking real treasure-financial wealth – and a bundle of it. In fact, the real
pros perversely welcome the obstacles, since they limit the number of hobbyists
in the field searching for the same prizes. Real cache hunters are a dedicated
breed but this dedication pays off in tangible rewards.
Of
course, not all are successful every time. The beginner should realize this and
not become discouraged. We advise working on several projects simultaneously.
Since research can be so expensive, it it good to “double-up” on the uses
you can make of it. Always remember that there are literally millions of dollars
stashed in the ground waiting to be found. If you persist, sooner or later you
will hit a cache. It may be only a few hundred dollars tucked in a tobacco tin;
then again, some treasure hunters have become wealthy from pursuing this
fascinating occupation.
Techniques
necessary for the successful cache hunting digger vary somewhat from those used
in scanning for other types of treasure. In searching for coins, for example,
you generally used the discriminate mode of your detector with occasionally
ventures into All Metal mode almost exclusively with no discrimination of any
kind. Of course, your detector must be precisely ground balanced.
Ground
balance is probably the most important feature of a metal detector, especially
for cache hunters. Many would argue depth, but the simple fact remains that
without precise ground balance, cache hunting would not be possible in most
soils. There would be too much mineralization. Beginning treasure hunters,
accustomed to good automatic ground balance on modern detectors, may take this
feature for granted. Please don’t.
Some
of the old-timers are sill in awe at the ease with which today’s modern
detectors can be ground balanced. Take it from professionals, it is very
important and as you progress in the hobby there will be times when extremely
precise ground balance will be demanded if you are to achieve optimum results.
Learn how to ground balance your particular detector. It will probably be as
important as anything you ever do after you turn on the instrument and set the
audio.
When
searching for caches in extremely mineralized ground, it is recommended that you
operate the search coil two inches or more above the ground. You will not lose
depth, but may actually detect deeper because irregular ground mineral influence
is greatly reduced.
Of
course, you should always wear headphones when searching for deep caches (or
anything else, for that matter.) Signals from your cache may be weak, and you
want to give yourself the extra advantage provided by headphones.
Let’s
say you are searching for a covered iron pot that is filled with gold coins. In
such a situation your detector must be adjusted to ignore ground mineralization
so that it can signal you with 100% effectiveness about the big pot. It won’t
even consider all those coins inside. If you are scanning with discrimination,
your detector might reject the iron pot, and you’d never dig the cache. What a
disaster! So, use your All Metal mode with the detector precisely ground
balanced. But, remember what you’ve heard from me and others so many times –
if you’re to be really successful, you must be prepared to dig lots of junk.
Unless
you’re searching for a cache in a building – where you know that it cannot
possibly be too far away – always use the largest search coil possible.
Remember that larger search coils can detect larger objects deeper. Money caches
have been found at all depths (arm’s length seems to be popular,) but you want
to be prepared for extremes. In some areas, where washing has occurred and
drainage patterns have redesigned the landscape, caches have been found more
deeply covered that when they were originally buried. All the more reason to use
the larger search coils – even the Depth Multiplier Bloodhound!
Just
a word about so-called RF (Radio Frequency) two-box search coils. Professional
cache hunters swear by them because they will hunt deeper. There’s just no
doubt about it. Unfortunately, some of the two-box models are difficult to
adjust because of their radio frequency characteristic.
Here’s
where the Depth Multiplier manufactured by Barrett and affectionately known as
the Bloodhound excels… because it is very simple to adjust. Just attach it to
your control housing; set your controls for All Metal and hunt deeper than you
ever dreamed possible. That’s all there is to it!
This
two-box super-deep seeking search coil is manufactured for use with Garret’s
computerized Grand Master Hunter or the Master Hunter 5 or 7 models that have
proved so successful over the years. The Depth Multiplier is designed to detect
only large objects and offers the greatest possible detection depth with a metal
detector.
An
important feature of the Depth Multiplier is that it will detect small objects.
In an old farmyard, for example, you won’t be bothered by small trash
littering the soil. You will dig only larger targets, approximately quart-sized
and larger. For this reason, some cache hunters laughingly refer to an
instrument equipped with the Bloodhound as the
lazy man’s detector!
The
Depth Multiplier attachment is easy to use in the detector’s All Metal mode.
Do not use the Discriminate mode. No ground balancing is required. Always wear
headphones and adjust the audio threshold for a faint sound. Be sure you
aren’t carrying a large metal object such as a shovel or large knife, even
though a few coins in your pocket may not matter. Hold the detector with your
arm fully extended downward and walk at a normal pace across the area you wish
to search.
Listen
carefully for an increase in the audio level. When you hear the louder sound,
stop and scratch a mark on the ground. Just use your shoe. Continue walking
without adjusting any of the detector’s controls. When you have walked across
the object you have just detected, the audio will return to its threshold level.
Continue to walk a few more feet before turning around and taking a return path.
At the point where the audio increases as you are walking from a different
direction, make another mark on the ground. Your target will like at the center
point between your two marks on the ground.
Successful
searching for caches requires considerable experience… and thinking. You must
learn to put yourself right in the boots or moccasins of the person who hid the
cache for which you are searching. You know that that person didn’t just run
out of his house or jump off his horse haphazardly and dig a hole to bury a box
or can full of money. He behaved as you would if burying a cache; you’d select
a secret place and a secret time to bury it… perhaps, at night during a
thunderstorm. And, your “secret place” would be one that you could find in a
hurry!
Practice
this yourself. Put some money (or something similar) in a glass jar. Now, cache
away your treasure by burying it. First, you must ask yourself where
you want to bury it. On your property? Near an identifying landmark that won’t
change over the months and years? Certainly, where you can find it. And, would
you bury it in broad daylight? Would you just walk out into the yard and start
digging? Probably not, because you wouldn’t want anyone to see what you were
doing. So, choose the right item and the right place to bury your cache.
That’s
right. Go ahead and bury it… if only
for a few minutes or hours. After you’ve done this, you’ll be able to ask
yourself the questions that probably occurred to that person who hid any cache
you may ever seek. Can I find it easily? Can it be found accidentally? Will it
be safe? Many other questions will come into your mind as you recover your won
cache and relocate it a time or two. This is good experience that will make you
a better cache hunter.
When
you get a story or a treasure map about a cache that is buried high atop a
mountain or in some other difficult-to-reach location, you’ll ask yourself
such questions as “Why there?” Why, indeed, did someone climb a high
mountain or scale a steep ravine to bury his cache?
You’ll
also learn that hard-packed soil is generally an indication that no cache is
located beneath it. Most people are lazy. They would rather dig in softer soil
or just bury a cache in a pile of loose rocks.
Try
to learn the thinking of someone who is burying a cache, and you’ll have
better luck finding it. It won’t be just… “luck,” either! Whenever
you’re tempted to attribute the success of another cache hunter to “luck,”
remember what the old football coach said when they accused his team of being
lucky. “We had to be here,” he would point out, “for the luck to
happen.”
Be
especially careful not to hurry when searching for caches. Scan your search coil
very slowly and walk slowly with the Depth Multiplier or whatever large search
coil you are using. Do not be in a rush; you can cheat yourself out of a
valuable find.
The
same advice concerning patience pertains to your research efforts. I know that
it may be tempting for you to find just a clue or two before heading out with
your detector and digging tools. Be patiend, however; find out as much as you
can about the cache in question and the person or people who buried it. Pay
close attention to the description of where it was buried. And, when you reach
the probable location of your cache, don’t rule it out just because of it’s
present-day appearance. Maybe it doesn’t look like that description written
decades or centuries ago. Remember that trees and shrubs grow taller or can be
removed entirely. Plus, you should never underestimate the efforts of both
erosion and sedimentation. What was once a deep ditch might be just a depression
today… and vice versa.
Take
your time. Be patient. And, reap the rewards.
When
searching for a cache behind or inside a wall in a house, some discrimination is
acceptable to reject nails. Even when using it, however, we recommend that you
turn the discrimination controls to the lowest setting possible. In the All
Metal Discriminate mode you’ll have more than enough sensitivity to detect
almost any size cache in all walls, despite their thickness or type of
construction.
When
your treasure map leads you to a stucco wall containing a wire mesh, here are
some tips to help you detect through that mesh. With your detector at minimum
discrimination, place it’s search coil against the wall. Carefully slide the
search coil against the wall, which will lessen interference from the mesh. You
may hear a jumbled mass of sound, but listen for significant changes that could
indicate you have located your cache.
Some
prefer to search walls that are built with a mesh by holding the search coil
several inches or even a foot away. Getting the search coil this far away should
take care of the jumbled sound yet still let you detect large masses of metal
such as a cache.
Professional
cache hunters always make allowances for the condition of the search area and
the fact that their cache may be deeper or smaller than anticipated. They take
every precaution they can beginning, of course, with the use of a deep seeking
detector with the largest coil possible.
When
you are using the All Metal mode of a detector, excessively magnetic mineralized
rocks can cause a problem. This is especially true when they are located near
your target or near where you expect to find it. Known as “hot rocks” to
electronic prospectors, these little pests are geological freaks – rocks that
have somehow become magnetized or gotten themselves in the “wrong” location.
Because they are unlike the soil and rocks in which they are found, they upset
the ground balance of your detector and give a false positive “money-like”
signal.
Electronic
prospectors have learned to use the features of modern detectors to deal quickly
with these problem rocks, and so can you. When
you suspect a “hot rock,” merely switch to your discriminate mode (using
minimum discrimination.) Check the target again, exactly where you got the
positive signal before. If the audio decreases slightly or stops completely,
you’ve encountered only a mineralized rock. If you continue to get a positive
response, you should investigate this target.
TIPS
TO REMEMBER
Speaking
of discrimination ability when cache hunting… trying to identify gold coins
concealed inside a metal container is an impossible feat. Remember that your
detector is responding to the container in which the cache is contained, and it
is usually make of some ferrous (iron) substance. In special situations when you
are looking for coins or precious metal in a non-metal container such as a glass
jar or leather bag, you can increase discrimination until you are convinced the
target is not iron. This situation seldom occurs, however, and we recommend that
you investigate all positive signals. In using discrimination, your primary
purpose is to determine only whether your target is metal… not what type if
metal.
Never
pass a suspected treasure site because you have been told that it has been
worked before. No matter how often a site may have been searched over the years,
I’m convinced that more treasures were missed than were recovered. In
researching my novel, The Secrets of John
Murrell’s Vault, my editor, Hal Dawson, and I had returned to a
location where – just like Gar Starrett in the novel – I once found only a
deep and empty hole instead of the treasure I expected. As I re-inspected this
hold, it occurred to use that maybe the real treasure
had been buried even deeper, with only a sampling of items left in a container
above to satisfy anyone who might accidentally stumble upon this site!
Never,
never pass over a site simply because someone tells you that the area has
already been searched with a metal detector. You don’t know who searched or
when or what kind of instrument was used.
Consider
the old parks where coins continue to be found year after year after year…
and, not all new coins, either! These parks never seem to be completely hunted
out! Now, consider the rugged, highly mineralized terrain where most caches are
found and the eternal question of how deeply they were actually buried. These
caches are far harder to find than coins. Remember, also, that anyone who
searched a site in past years probably did so with a detector whose capabilities
are far exceeded by your newer, modern instrument.
I
sincerely believe that even a relatively inexperienced treasure hunter with one
of our new computerized detectors such as the Grand Master Hunter can search an
area more effectively than the most experienced cache hunter using an old BFO or
TR instrument.
Never
forget that modern detectors give you a tremendous advantage of the “old
pros.”
I
recommend a long steel probe that you can use to save time where soil conditions
permit. If you believe that your detector’s response indicates a target large
and deep enough to conform to the cache for which you are searching, you can
probe before digging. Length of your probe will determine how deep you can
search. Experienced operators recommend one at least 40 inches long. They have
learned to probe carefully to determine just what kind of target they have
discovered. Of course, before you even stick a probe in the ground, you already
have a good idea of what you are looking for. That
helps!
You’ll
know easily if your probe hits a glass jar, or if it hits a junk piece of metal
your probe can easily penetrate. If you find a tin can, the probe may penetrate
it to let you know if something is inside.
Depth
at which the object is found can give you some idea when it was buried. Many
cache hunters who use probes become so proficient with them that they call feel
a newspaper when the probe passes through it. The real old-timers even claim to
be able to read the newspaper with their probe!
We
recommend that you build your own special probe that has a steel ball bearing
actually welded at the point of the shaft. A one-half-inch bearing welded onto a
three-eighths-inch steel rod permits your probe to move up and down easily with
no restrictions and lets you determine more easily just what you may have found.
Most
cache hunters try to avoid calling attention to themselves. One way to do this
is by carrying detectors and all other equipment into the field inside a
backpack. You then appear just to be another hiker. A large backpack will
usually accommodate a 12-inch search coil as well as a Depth Multiplier
attachment along with small shovels, your detector’s housing and the other
tools necessary for an average recovery.
There
are numerous reasons for not calling attention to yourself or your search for
caches. First of all, you’re looking for money. Unfortunately, the world is
full of people who would think nothing of taking it away from you. Plus,
you’ll be busy and won’t need the attention of even honest
curiosity-seekers. And, if word ever gets out about recovery of a cache,
you’ll be amazed at the number of people who will try to take it away from you
legally by claiming rights to all or part of it!
Never
put your trust in a verbal agreement
with a landowner and never leave an open hole after you have recovered
something. The first admonition is self-evident. It
was a wise man who once said, “A verbal agreement isn’t worth the
paper it’s written on!” concerning the second, my friend, Roy Lagal, knows
of an experience with an empty hole he like to tell about.
After
executing a written agreement with a landowner, a cache hunter found just what
he was seeking, removed the treasure expeditiously and whisked it away.
Unfortunately, he made the mistake of leaving a deep hole, which was discovered
by the landowner. Thoughts of that deep hole filled with gold probably flooded
the landowner’s mind, and he contacted his lawyer immediately, neglecting to
mention the written agreement. The lawyer advised a quick civil suit for
recovery and damages, and the cache hunter faced time in court and legal
expenses even though he believed himself protected with the written agreement.
To avoid trouble, he transferred ownership of his real property to a relative
and let the lawyer fume since there was nothing on which he could file an
attachment in court. The landowner gave up fighting a lost cause, and the issue
was forgotten – by all except use cache hunters who learned a valuable lesson
we won’t forget!
When
you are working with partners, make certain that all arrangements are make in
writing before you start spending money
on research and equipment and, certainly, before a cache is discovered. Many of
us have had unpleasant experienced, particularly in working with
non-professional treasure hunters, such as landowners. Generally, you can trust
a cache hunter who makes his living in the business. He cannot afford to have
his reputation clouded by a squabble over property rights. Plus, he has handled
“found” money before and does not tend to get as excited about it as a
non-professional.
It’s
the amateur you need to be concerned about. Perhaps he simply supplied the
“tip” that began a long search. Once the prize is recovered, you’ll be
amazed at how possessive this beginner can get about “his” treasure. Why, he
may even offer to pay you a “little something” for your time and efforts in
“helping find it for him!” Don’t let this ever happen to you. Get
everything in writing long before you search.
Taxes
must also be a subject of concern for any successful cache hunter. The
Federal Government demands it’s percentage of income you derive from treasure
just like that from an investment or salary. Similarly, states and
municipalities that tax income aren’t satisfied until they get their
proportionate share. Who’ll know what you recovered out in the wilderness and
what it was ultimately worth? That’s a good question. Always remember,
however, that evading taxes is a crime punishable both by fine and imprisonment.
In addition, rewards are given to any individual whose tip leads to discovery of
tax evasion. It’s always been my advice, therefore, to pay all taxes that are
due and to pay them when they are due. If you can prove you’re in the treasure
hunting business, proper expenses can be deducted. Requirements differ from
state to state. So, study them, but pay not one cent more than you owe!
Again,
my advice to you as a cache hunter is to keep a low profile, don’t call
attention to yourself, pay your legitimate taxes and insist on all your rights.
Because
the new computerized detectors will search deeper and with more precise ground
balance, we urge that you give them a chance to help you find the big money
prizes that have long been waiting for cache hunters. The opportunities have
never been better no matter how much skill an old-timer had, he didn’t possess
the scientific abilities of our modern
metal detectors. Use the new Garrett Grand Master Hunter with a Bloodhound
search coil. You’ll discover caches that others
left behind!
Happy Treasure Hunting!
You Can Find Wealth On The Beach ← Read Another Garrett Guide!
Real-Time Precious Metals Quotes
Thank you
visitors.