Nevada Recluse Hoarded $7 Million Worth of Gold Bars and Coins in Home

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The $200 in Walter Samasko Jr.’s bank account was just to throw everyone off. He was really worth about $7 million, which he kept in the form of gold bars and coins stashed in boxes in his Carson City, Nev., home. And nobody knew until authorities stumbled upon the riches after Samasko passed away.

The 69-year-old recluse, who had lived in the house since the 1960s, was found dead in his home more than a month after he succumbed to heart problems, according to the local coroner. Without any close relatives, the house was being emptied and readied for sale when, inside the boxes marked “books,” officials uncovered a treasure trove of riches. Samasko, who appeared to be a hoarder, had stashed the boxes around his house and in his garage, according to ABC News.

(MORE: $3M Worth of Baseball Cards Found in Ohio Attic)

Some of the gold coins were minted in the 1840s in Mexico, England, Austria and South Africa, according to the Associated Press. The $7 million price tag could stretch higher still, as some of the coins might be collector’s items.

Without a will, authorities have been searching for his closest relative, apparently settling on a first cousin that lives in California who attended Samasko’s mother’s funeral in 1992.

Neighbors didn’t hear from the wealthy man much, saying they never had problems with their quiet streetmate. The Las Vegas Sun reports that Samasko was a conspiracy theorist — guns and books supporting that position were found in the home — and feared contracting diseases from shots, so he never went to a doctor.

But he did go somewhere that allowed him to purchase stocks, as he had accounts worth more than $165,000, plus over $12,000 in cash at home.

There’s no word on how Samasko acquired his fortune, but Nevada authorities want to sell it off as soon as possible and get it in the hands of a relative, who, we would think, would find a better use for it than just in boxes in a garage.

MORE: Ancient Treasure Unearthed at Crusades-Era Castle

7 comments
Talendria
Talendria

I guess he never read Silas Marner.

Starshiprarity
Starshiprarity

Nearly seven decades of paranoid delusion resulting in a large windfall for an estranged relative. I wonder if he thought it was one of those nigerian prince scams

bertafiable
bertafiable

So, midas ...... hows hoarding all that money (gold) workin out for ya now, that your dead?

Guess he found out like alot of others, YA KAN"T TAKE IT WITH YOU !!!!

An no will, real smart, not even charitys can get any now, what a waste ...........

Its_Not_A_Tax_LOL
Its_Not_A_Tax_LOL

Why does it take 5 hours for a moderator to get to a comment??????

Charles W.
Charles W.

So that's what happened to Ron Paul...

Its_Not_A_Tax_LOL
Its_Not_A_Tax_LOL

Uncle Sam will be the first guy in line, collecting around $3.2 million in the 'Death Tax' before anyone touches a thing.  Why should we pay the government just for dying? Ridiculous.

Ron Willison
Ron Willison

That's my long lost uncle. Pick me !   Pick me !  Oh darn... Somebody just had to wake me from from my dreaming.