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  • By Frank Pandozzi
  • Published 10/18/2007
  • Rating:

Yes, People Do Hide Money

Since the beginning of time people have hid, cached, hoarded, secreted and buried money. You may be asking yourself why? Here are a number of reasons.

People don’t trust banks or financial institutions. Many individuals who grew up during the depression are hiding money. They fear they may go through what their families went through. So they hide money as a way to feel secure.

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Many people don’t trust their spouses. I’m not kidding.

I have been asked by husbands and wives to search for buried caches that were suspected hidden by the spouse.

People hide money and valuables because they don’t trust their family.

This is the same situation as the above example. There always have been and always will be internal money problems with some families. And for some, hiding their money so that know family member knows about it, is the answer.

This next example is a common one, even today.

Many people hide money with the intention of giving it to their family members or a spouse. However, they die first. The hidden money is never found. It’s not found because the hider never told the hidee. Happens all the time!

You can find treasure for the above reasons, many people do.

Here are 14 unusual places to search.

The first few places require a metal detector. You can purchase one that will do the job for around two hundred dollars.

Posthole Banks

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Okay, you’re asking what’s a posthole bank?

A posthole bank

is the hole in the ground that is left after a fence post is dug.

Many farmers buried their coins beneath the fence posts of their properties. They simply removed the fence post, inserted the money into the hole, and then replaced the post. I know individuals who have located these posthole banks.

Near Big Old Trees

I’ve been lucky myself with this one.

I found a small, mason jar filled with old coins. The jar was buried at the base of an old elm tree.

Many times old trees are used as markers for the person who is hiding the money. Usually the old trees in backyards are where most treasures are found.

Gardens

People have always had gardens, and many have buried their valuables their.

These garden hiding places are the most prevalent. I know others who have searched gardens and found everything from mason jars full of coins to large steel boxes of jewelry.

In The Outhouse

Don’t laugh; but do think about this one.

How many of you would think of searching an outhouse for a buried treasure?

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Many old timers cached their coins in the outhouse because they knew people would never think of searching there.

The old out houses can still be found. If you want to give this one a try, look beneath the seat. The wooden frame the seat sits on can usually be removed. Don’t worry, unless the crapper is still being used, the bacteria and stuff is no longer there. If it were, I would have died years ago.

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Beneath Barn Flooring

Here’s another area I have first hand knowledge of.

Many old barns have wooden floors that sit on top of a crawl space. Often time’s money and valuables were hidden below the floor. Look for loose floorboards as a good sign that a cache is there.

Rivers and Creeks

Where do you think most thieves throw their loot when fleeing from the law?

I have heard many stories from treasure searchers who have dragged river and creek bottoms and have found cash, coins and jewelry.

Some of these finds have been old. Coins and paper currency dated in the 1850’s were recently located in a creek in Pennsylvania. They were cached inside what looked like an old bank safety deposit box.

All you need is a rope tied to a grappling hook. You’ll uncover many items, mostly junk, as well as getting the hook stuck on tree limbs time and time again.

If you’re the enterprising kind, research the robberies in your area, especially the ones where the money or items were never returned.

Beneath Bridges

This also has to do with thieves on the run.

When you are searching those river and creek beds be sure that you also take the time to search beneath the bridges.

Search the bridge itself as well as the ground beneath it.

And remember; when thieves are on the run, they don’t spend a lot of time hiding their stolen goods. So look in the obvious places like between the joists of the bridge, or the steel girders.

If it will take time to climb up to, or it’s too dangerous, then you’re wasting your time.

By the way, I know an adventurous individual who has recovered large amounts of cash from beneath two bridges, less than two miles from each other.

Why was the cash beneath those bridges?

Most likely it was drug money and the drug dealer was caught before going back to retrieve his stash.

Picture Frame Backs

If you enjoy going to home auctions or flea markets, then make sure you pay special attention to those old picture frames.

The frames themselves may be worth lots of money, but you can also find treasures on the back of those frames.

Many individuals used to hide money between the picture backing and the frame. Others just stapled an envelope with the cash directly to the frame back.

Old Medicine Cabinets

When you’re at the flea markets and auctions, check those old medicine cabinets. They used to have slots in them to dispose of used razor blades. It’s been known that many individuals have secreted their coins into those slots.

If you get permission to treasure hunt old abandoned houses, be sure to search those medicine cabinets as well as the following places.

Pipe Safe

Look for piping that leads nowhere and that has been capped off.

If you’re in an old house and you notice a large pipe that looks like it do's not belong where it is, in other words, there are no valves to it, and it’s capped? It’s probably a pipe safe.

There have been people who stashed all kinds of money from silver dollars to paper money inside piping.

Beneath Attic Floors

Be sure to check the attic flooring of old homes.

Look beneath any loose flooring between the joists. This was another common hiding area.

Basement Floor Joists

The same as above look between the joists.

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Loose Stone Basement Walls

When you’re in the basements of older homes, be sure to look for any of the basement stonewall that may be loose, for easy removal.

Small and large caches have been located there.

Inside the walls

People have also used the walls of their homes as a hiding place for money. I’ve seen everything from holes on the walls covered by a picture, to lath and plaster walls with slots cut into them for coins.

Always ask for permission before you attempt to go into any abandoned property. And be sure to respect the rights of all property owners.

Frank W. Pandozzi is an author, TV Producer and well known treasure hunter. He began his 'treasure hunting' days twenty-five years ago metal detecting parks and schoolyards. Today Frank Pandozzi is the Producer and the host of Exploring Historys Treasures TV series. He is married and has one son.

To learn more:

Please visit Frank at http://www.metal-detecting-ghost-towns-of-the-east.com

Article Source: http://EzineArticles.com/?expert=Frank_Pandozzi

Frank Pandozzi

***

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