Episode
Selects: Finders Keepers: Real Law
47:49
Published: Sat Nov 12 2022
Description
You know that heartbreak of the schoolyard – finders keepers, losers weepers? That’s actual law in a great many grown up places. Enter the murky legal world of finding something that belongs to someone else, from buried treasure to a misplaced ring. Learn all about it in this classic episode.See omnystudio.com/listener for privacy information.
Chapters
This episode dives into the legal technicalities behind the age-old maxim of "finders keepers," discussing the consequences of discovering buried treasures, accidentally dropped money or valuables, and the different laws that apply in each case.
00:00 - 01:54 (01:54)
Summary
This episode dives into the legal technicalities behind the age-old maxim of "finders keepers," discussing the consequences of discovering buried treasures, accidentally dropped money or valuables, and the different laws that apply in each case.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
A couple found eight cans filled with gold coins buried on their property, with an estimated worth of $10 million due to their rarity and condition.
01:54 - 07:47 (05:53)
Summary
A couple found eight cans filled with gold coins buried on their property, with an estimated worth of $10 million due to their rarity and condition.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
When valuable objects are found in the United States, the vague and arbitrary laws surrounding found property lead to lengthy court battles to determine who has the rightful claim, although the finders typically have a strong claim.
07:48 - 16:18 (08:30)
Summary
When valuable objects are found in the United States, the vague and arbitrary laws surrounding found property lead to lengthy court battles to determine who has the rightful claim, although the finders typically have a strong claim. In ancient Rome, half of any valuable found property would automatically go to the emperor without question.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
Depending on the state's law, buying a property means you own everything on that property including any accidental discoveries in the future.
16:18 - 22:09 (05:50)
Summary
Depending on the state's law, buying a property means you own everything on that property including any accidental discoveries in the future. For example, the case of a man who found a treasure chest filled with valuable coins on his property and the ownership of archaeological sites in Texas.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
A lost diamond ring that has a high value is not an easy thing to handle.
22:11 - 27:31 (05:19)
Summary
A lost diamond ring that has a high value is not an easy thing to handle. In this episode, the host and the guest discuss what people should do if they found such a valuable ring.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
Podcast ads for "City of the Rails" and "Let's Start a Coup" are featured, both available on the iHeartRadio app, Apple podcast, or wherever podcasts are found.
27:31 - 32:22 (04:51)
Summary
Podcast ads for "City of the Rails" and "Let's Start a Coup" are featured, both available on the iHeartRadio app, Apple podcast, or wherever podcasts are found.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
Undersea treasures are so valuable that expeditions are looking for it specifically, and once it hits the market, it could have a major impact on the value of goods on world markets such as gold.
32:22 - 36:34 (04:11)
Summary
Undersea treasures are so valuable that expeditions are looking for it specifically, and once it hits the market, it could have a major impact on the value of goods on world markets such as gold.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
Obtaining rights to treasure and navigating territorial waters can add significant costs to operating a treasure hunting outfit.
36:34 - 41:55 (05:20)
Summary
Obtaining rights to treasure and navigating territorial waters can add significant costs to operating a treasure hunting outfit.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
The transcript discusses the story of Zimbardo, who found the wreck of the SS Central America containing three tons of gold and was subsequently jailed for refusing to reveal where 500 of the gold coins went, and the difficulties of being a teacher when unreliable information is presented as fact.
41:55 - 45:34 (03:39)
Summary
The transcript discusses the story of Zimbardo, who found the wreck of the SS Central America containing three tons of gold and was subsequently jailed for refusing to reveal where 500 of the gold coins went, and the difficulties of being a teacher when unreliable information is presented as fact.
EpisodeSelects: Finders Keepers: Real Law
PodcastStuff You Should Know
This text suggests listening to Let's Start a Coup and City of the Rails on the iHeartRadio app, Apple podcasts, or wherever you listen to podcasts.
45:34 - 48:04 (02:29)
Summary
This text suggests listening to Let's Start a Coup and City of the Rails on the iHeartRadio app, Apple podcasts, or wherever you listen to podcasts. It also mentions finding the devil in the rail yard if you want to play with them.