Fortune Found Buried Under NJ Home – NBC Los Angeles

2022-07-15 22:41:28 By : Ms. Tina Zhang

Renovation work on a home in the seaside town of Wildwood, New Jersey has unearthed a small fortune that had been buried for at least 90 years, NJ.com reported.Rich Gilson and his wife, Suzanne, discovered wads of $10 and $20 bills totaling $1,000 in the rubble.The couple bought the 1920s farmhouse on West Andrews Avenue about four years ago.But recently they made several improvements.Gilso told NJ.com that he found rocks and pieces of old foundations while working on Friday.He then saw two "little round things" about 2 inches in diameter and about 3.5 inches long.According to Gilson, all the bills are dated 1934, Series A.He did not give much importance to the objects and continued working with the mini excavator rented from him.On Saturday it rained, so he took a break to get back to work on Sunday, when he took a closer look at one of the objects.Examining it, Gilson realized that the tightly rolled tube was brown paper tied with rubber bands.He soon discovered that it was money wrapped in such a way that it looked like small cigars.Unwrapping the wrapper, what he found inside were $10 and $20 bills, some as crisp as the day they were printed.It was $1,000 in total.The treasure was buried under the porch in an area that would have been accessible through a small gap.Gilson told the outlet that someone had to crawl under and dig a hole in that space to hide the money.“If you reach into your pocket right now and look at your bills… they're not all from the same year.It just doesn't happen that way,” he stated.Gilson believes the money was not earned through legitimate means.He guesses that somehow someone got new bills, rolled them up, and put them in a jar to hide it somewhere no one would suspect.He pointed out that 1934 would have been in the midst of the Great Depression.Accounting for inflation, $1,000 in 1934 would equal more than $21,000 today.At the time, the average worker earned about $1,000 a year or less in most blue-collar jobs, according to federal statistics cited by NJ.com.Gilson realized that the bound bills had been inside a jar that had been broken, either by his work or at some point in the past.He found remains of the container while surveying the area.The cash was wet from rain on Saturday, so the homeowner let them dry.Many of the bills are in good condition.Gilson said the family that owned the house lived there for three generations.He was told that the property may have housed a brothel long ago.As for the newly discovered cash, Gilson plans to keep it due to the mystery it represents.Gilson said he has renovated many houses over the years and has never found anything more interesting than old newspapers.He remembered one he found under the rug in a house that had an article about Jesse Owens competing in the 1936 Olympics in Berlin.