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Man Discovers $2,000 From 1934 Underneath His Porch

Man Discovers $2,000 From 1934 Underneath His Porch

Rich Gilson was renovating his home when he made the discovery

A New Jersey man found himself thousands of dollars richer after he discovered some decades-old bank notes hidden under the porch of his home.

There's no better feeling than putting your hand into the pocket of some jeans or a jacket you've not worn for ages and finding a surprise £5, £10 or, if you're lucky, £20.

Even though the money was most likely yours all along, it feels like you've just been handed it for free, meaning you don't feel at all guilty for spending it on something unnecessary, like a big takeaway just after you've stocked your fridge full of food.

Knowing how good that feeling is, just imagine how good it would be to find thousands of pounds in your own home, left so long ago that it's pretty unlikely anyone's going to come and fight you over it.

This is exactly what happened with a Wildwood resident who, ironically, is named Rich.

Rich Gilson was in the process of making renovations on his home on Andrews Avenue when he stumbled upon what he assumed to be some rubbish under the porch.

The items were shaped like cigars and were wound tightly, meaning it wasn't until he looked more closely that he realised they were actually rolls of cash made up of $10 and $20 notes. Each bill was in pristine condition, and all of the notes had been minted in 1934.

Speaking to Fox 29 Philadelphia, Gilson recalled: "I thought it was trash. My wife was in there painting and I said you got to come see this, you won’t believe what I just found."

The money is worth much more today.
Fox 29 Philadelphia

Gilson quickly became Rich by name, Rich by nature, as he counted out more than $2,000 (£1,690) in cash - an amount which, taking inflation into account, equals nearly $43,000 (£36,300) today. Not bad for a day's work.

The homeowner isn't sure how the money came to be buried on his property, but he speculated a couple of reasons following the discovery as he said: "Either somebody robbed a bank and buried it there, or somebody didn’t trust the banks in 1934 during the height of the depression."

In spite of the large amount of money the cash is worth nowadays, Gilson doesn't plan to treat himself by spending it - not even on a takeaway. Instead, he's happy enough with having a story to tell about the treasure under his home.

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Featured Image Credit: Fox 29 Philadelphia

Topics: Money, US News