Recluse's Home & Garage Yield $7 Million Fortune In Gold Coins, Numismatic Value Much Higher!

Oct. 7, 2012 - PRLog -- The horrible smell will be the first thing that hits you whenever you walk in to the ordinary-looking house in a tidy middle-class neighborhood on Mountain Street, approximately a mile north of the Governor's Mansion.

"That's the odor of death," real estate broker Jeri Vine stated.

This really is the 1,200-square-foot house exactly where sheriff's deputies in July discovered the remains of 69-year-old recluse Walter Samaszko Jr. Neighbors had called police to complain concerning the stench coming for the house. Authorities determined that Samaszko had been dead for more than a month. A hazardous-materials group had to eliminate the remains. The physique had decayed so a lot that the flooring had to become removed. How high will silver go? Learn more >>  http://www.silverpricestoday.cc/KITCO-SILVER/

Carson City Clerk-Treasurer Alan Glover, who serves as public administrator, then asked Vine whether or not she would clean up the house, cart belongings to the dump or give them to charities after which sell the house.

On Aug. 1, 4 days into her cleaning, Vine started rummaging through an enormous stack of empty boxes in the garage. She threw many in to the trash bin that had been placed in the driveway. Then she discovered some thing heavy in boxes marked "Books."

Gold.

Boxes of gold coins along with gold bullion.

Gold also later was discovered in boxes in an old washing machine and in the crawl space in the garage.

Following a short hesitation, Vine called Glover.

"Alan get over here. There's a ton of cash right here," she recollected saying.

Glover ultimately place the value of the gold they discovered, the value as determined by its weight, at $7 million. Also discovered in a safe was $12,000 in money and $165,000 in stock accounts. He has hired two coin businesses to grade the coins for their numismatic value, which may be millions greater. Some coins date to the 1840s.

Glover place the gold into his pickup and hauled it to the courthouse vault. Now it rests in a vault in the Loomis Armed Truck Co., waiting for probate hearings and settlement proceedings.

Samaszko left no will.

It took Glover and 3 members of his staff two days simply to count the gold coins.

"You by no means would have thought counting gold would turn out to be boring, however it did."

The story of Samaszko and his gold has been repeated all over the world over the previous 3 weeks. What has been small noted will be the honesty of Vine and also the type of gentle, but fearful and lonely man that she found "Walter" should have been as she looked through his belongings.

Vine, based on Glover, could have effortlessly packed up the gold and headed off to a life of luxury anyplace in the planet. No one ever would have recognized. Also, Glover could have assigned the cleanup function to a few unemployed guys, as he occasionally does. Rare Coins, Silver Coins, Gold Coins, Learn more >> http://www.silverpricestoday.cc/GOLD-COINS/

"There was temptation to take the gold," stated Vine as she walked Friday on the dirty orange carpet in the Samaszko residing space. "Wouldn't that go into everyone's thoughts? We're all human. It's about performing the right thing. I have a 4-year-old grandson. I have to stand in front of a mirror in the morning and face myself. I prayed for the guy and blessed him each and every day I was there. My son says 'Good job, Mom.' "

"Jeri will be the most truthful individual I have ever met," Glover adds. "Most individuals are truthful."

Glover initially believed that Samaszko left no heirs. Neighbors didn't know him. He seldom ever walked outdoors. He had the postal carrier place his mail in a slot in the garage wall, instead of provide it to the front door. Each and every window in the house was covered with cardboard and aluminum to stop anybody from searching inside. He had a number of weapons. His phone number was not listed in the phone book. There had been books about government conspiracies and survivalism amongst his belongings.

Vine also found a cupboard filled top to bottom with cans of blueberry pancake mix and "forty, fifty, sixty cans of tuna." Dozens of shoes and clothes that by no means had been worn had been in a closet. Samaszko had a typewriter and a number of VCRs. He liked old music.

In a drawer in the bathroom, she discovered a woman's makeup compact that apparently belonged to his mother. She died in 1992, but "Walter" by no means threw it away.

The compact will be the most poignant component of Samazsko's story, a minimum of to Vine.

"He was a real tender guy, devoted to his mother. This was a man having a spirit along with a heart along with a soul. He did not have sufficient enjoy in his life following his mother died. This also was a man that came right here to hide. He wanted to become safe from the planet. It's a very sad story. He had a lot of gold, so what? It did not mean something."

Speculation in the neighborhood is the fact that Samaszko and his mother moved to Carson City 4 decades ago from Pasadena, Calif., to hide from organized crime associates. Samaszko's father had died a couple of years earlier in an industrial accident back east in what may have been a mob hit.

Glover is not certain. He does understand that Walter Samaszko Sr. was a vice president of the J. Harris Pie Co. The business had plants in Chicago, Michigan and California and was sold in the early 1970s to Mrs. Smith's Pies for $13 million to $15 million. The senior Samaszko had an interest in the business.

The younger Samaszko by no means worked throughout his 40 years in Carson City.

Glover initially believed he left no heirs. But using the help of lawyer Dawn Ellerbrock and following a week of detective function, largely through ancestor.com, and checking names left on the register for his mother's Polish funeral, he situated Arlene Magdanz. She is really a divorced, 65-year-old substitute teacher residing in an apartment in San Rafael, Calif. Magdanz is Samaszko's first cousin.

She will not talk to the media, on the guidance of her lawyer. The Review-Journal's repeated calls to her cell phone had been not answered. Glover stated she seldom spoke with Samaszko.

District Judge James Wilson will have to determine whether or not Magdanz indeed is Samaszko's only heir. Glover wouldn't be shocked if many others show as much as claim a share of the gold.

When the heir can't be substantiated, then funds from the sale of the gold could be placed in the state's unclaimed home fund. If an heir is discovered later, then he or she could take the funds. In reality, heirs frequently aren't discovered, and also the cash goes to the state common fund.

Glover expects that federal estate taxes on the house and also the gold will probably be close to $1 million. Other taxes and payments also will probably be collected, however the heir ought to gather nonetheless more.

"Good for her," Vine stated. "It sounds like she needs the cash."

As Vine spoke concerning the cousin, Jerry Vance, who owns a home across the street, was painting the exterior of her house. A couple of minutes later, she stated she by no means saw Samaszko. She has owned the house for more than a year.

"He by no means came out," she stated. "He should have done his buying at night."

Glover stated he handles a few instances every year in which somebody dies in a house with out a will and also the physique is found later, but absolutely nothing as large as this situation.

Vine currently has sold the house, pending the completion of escrow and also the probate proceedings. It took only two days to sell the home, which had been listed by Valley Realty and Management at $105,000. She declined to provide the sale price, however the purchaser is really a nearby man who plans to repair up the house. The odor, she added, may be removed. How high will silver go? Learn more >>  http://silverpricestoday.cc/KITCO-SILVER/