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The legal definition of what constitutes treasure trove and its treatment under law vary considerably from country to country, and from era to era. The term is also often used metaphorically . Collections of articles published as a book are often titled Treasure Trove , as in A Treasure Trove of Science .
The Treasure Act 1996 is a UK Act of Parliament, defining which objects are classified as treasure, legally obliging the finder to report their find. It applies in England, Wales and Northern Ireland .
Some states have rejected the American common law and hold that treasure trove belongs to the owner of the property in which the treasure trove was found. These courts reason that the American common law rule encourages trespass. Under the traditional English common law, treasure trove belongs to the Crown, though the finder may be paid a reward.
Ohio has a "treasure trove law" that applies to money or valuables deliberately hidden. Traditionally, a treasure trove found on private property belongs to the original owner — if they can be ...
Cesarini v. United States, 296 F. Supp. 3 (N.D. Ohio 1969), [1] is a historic case decided by the U.S. District Court for the Northern District of Ohio, where the court ruled that treasure trove property is included in gross income for the tax year when it was discovered.
Flotsam on a beach at Terschelling, Wadden Sea. In maritime law, flotsam, jetsam, lagan, and derelict are terms for various types of property lost or abandoned at sea. The words have specific nautical meanings, with legal consequences in the law of admiralty and marine salvage. [1]
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A former deep-sea treasure hunter who has served nearly a decade in jail for refusing to disclose the whereabouts of missing gold coins ... Federal law generally limits jail time for contempt of ...