Recluse's Gold Fortune To Be Auctioned For Taxes
Among the coins were meticulous records of the purchases dating back to at least 1964, when gold averaged about $35 per ounce. The precious metal currently sells for nearly $1,600 an ounce.
Authorities believe that his mother, who lived with Samaszko until her death in 1992, purchased most of the coins.
Despite the millions of dollars in his garage, Samaszko didn't appear to lead a luxurious life. Records show he only withdrew about $500 a month to pay modest bills. He died with $1,200 in a checking account and just a bit more than $165,000 in a money market and mutual fund account.
Since learning of her inheritance, Magdanz has shunned publicity and not made any comments about the fortune.
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