Is treasure hunting illegal in the Philippines?

SECTION 1. Any provision of law to the contrary, notwithstanding, treasure hunting in government properties of portions of the public domain shall not be allowed, except upon prior authority of the President of the Philippines.

What happens if you find treasure on your property in the Philippines?

The law says:

When the discovery of a hidden treasure is made by chance on the property of another, one-half of said hidden treasure shall go to the finder and the other shall go to the owner of the property from where it was found. … But, if the finder is a trespasser, he is not entitled to any share of the treasure.

Is metal detecting legal in Philippines?

Metal detecting is allowed only after getting permission. Philippines. It’s forbidden to search for archaeological objects.

Is treasure hunting a real job?

Buried and hidden treasure may be the stuff of legend and film, but treasure hunters exist – both professionals and hobbyists – and sometimes they do actually find something.

Is treasure hunting illegal?

In the U.S., laws vary by state, but the general conclusion is that going treasure hunting is often a waste of time because you likely can’t keep it. The Archaeological Resources Protection Act of 1979 states that any “archaeological resources” found on the land of the state belong to the government.

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Who owns hidden treasure?

Hidden treasure belongs to the owner of the land, building, or other property on which it is found. Nevertheless, when the discovery is made on the property of another, or of the State or any of its subdivisions, and by chance, one-half thereof shall be allowed to the finder.

Can you find gold in the Philippines?

Philippines holds the largest copper and gold deposit in the world and is the fifth most mineral-rich country for gold, nickel, copper, and chromite. Philippines has reportedly produced about 18 tons of gold at a market value of over $700m in 2014.

Why is metal detecting illegal?

The Antiquities Act of 1906 and The Archaeological Resources Protection Act of 1979 are federal laws that were created to protect history and make it illegal in almost all cases to metal detect on federal land. … Metal detectors are banned in all US federal and national parks.

Do I need a license to metal detect on the beach?

You can literally legally detect anywhere if you have permission. Federal and state lands are usually a no-no unless you can get permission. Beaches are usually a safe place for metal detecting, but regulations may restrict you from certain parts of the beach or from going in the water.

Is treasure hunting profitable?

9. Is treasure hunting really profitable as an investment? No. There are two types of treasure hunters.

Does buried treasure still exist?

No treasure has been reported to be found yet. … Buried treasure is not the same as a hoard, of which there have been thousands of examples found by archaeologists and metal detectors.

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Where can I hunt for treasure?

Choose your challenge with these eight destinations for modern-day treasure hunters.

  • of 8. Crater of Diamonds State Park (Arkansas) …
  • of 8. Bedford, Virginia. …
  • of 8. Jade Cove (California) …
  • of 8. Auburn, California. …
  • of 8. Ozark Hills (Missouri) …
  • of 8. Amelia Island (Florida) …
  • of 8. Pahrump, Nevada. …
  • of 8. Catskill Mountains (New York)

Can I keep treasure I find?

If the found property is lost, abandoned, or treasure trove, the person who found it gets to keep it unless the original owner claims it (so actually, unless the original owner claims it, the rule is “finders keepers”).

What do I do if I find gold?

In California, there is a law mandating that any found property valued over $100 be turned over to police. Authorities must then wait 90 days, advertise the lost property for a week, and finally release it to the person who found it if no one could prove ownership.

Who is the richest treasure hunter?

Tommy G. Thompson was once one of the greatest treasure hunters of his time: A dark-bearded diver who hauled a trove of gold from the Atlantic Ocean in 1988 — dubbed the richest find in U.S. history.