Las Vegas Sun

June 19, 2013

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Recluse’s gold fortune auctioned for taxes

CARSON CITY — Even though he lived in the same quiet neighborhood for decades, no one seemed to know Walter Samaszko Jr. He was so unknown that weeks passed before authorities discovered he had died in his modest Carson City home. When cleanup crews arrived, they made another startling discovery: The 69-year-old man who had lived so simply had a vast collection of thousands of gold coins worth millions of dollars stashed in old ammunition boxes in his garage. About half of the collection's value was laid out in plastic sleeves, tubes and felt jewelry display boxes Tuesday in a ...

Discussion: 3 comments so far…

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  1. I am intersted as to how someone who lived so modestly and so very "under the radar" is now so in arrears with taxes and fees? $800,000 seems extraordinary. Did he owe the $800,00 before or AFTER they found his gold? I think we know the answer. Another example of how your wealth doesn't REALLY belong to you. The Imperial government and the state wants their cut first...

  2. TruthDetector- How did he owe $800K in taxes after he died? He didn't, his estate did. The estate tax in 2012 was 35% of estate value over $5,120,000. His estate must be worth around $7.5M. It sounds like most of that was in gold. Surely the home was also worth something.

    Or... You know... It could be a govt conspiracy like you said.

  3. "...an auction to satisfy some $800,000 in government estate taxes and fees."

    Besides removing the body, etc., and cleaning up the house (since when does government provide that service?), exactly what were the fees for? And six figures for taxes because he died? Definitely proves when dealing with government the bottom line is usually how much it's going to cost you.

    "I think you all know that I've always felt the nine most terrifying words in the English language are 'I'm from the government and I'm here to help.'" -- the late President Ronald Reagan on YouTube @ http://youtu.be/xhYJS80MgYA

  4. Anyone auditing the Administrator? Reasonable fees for liquidating the estate?

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