CA teacher sole heir of $7.4M NV gold coin fortune

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Updated: 12/18/2012 2:45 pm

CARSON CITY, Nev. (AP) — A substitute teacher from California has been declared the sole heir to a fortune in gold coins found in the Carson City home of a cousin who died this summer.

First District Judge James Wilson signed an order Tuesday certifying Arlene Magdanz of San Rafael as the rightful heir to the $7.4 million left by Walter Samaszko Jr.

Her 69-year-old cousin had died from heart problems about a month before authorities discovered his body in late June. A crew sent to clean out his house found piles of gold stashed away in the garage of his modest ranch-style home.

Magdanz has had no comment on her newfound wealth. Carson City clerk Alan Glover, the public administrator handling her estate, says she's gone into hiding and won't even tell him where.


©2012 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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Speed - 1/22/2013 4:10 PM
0 Votes
Sorry to hear about her Cousin dying,but I'm glad she was able to claim the wealth. Hope the (Just plain WRONG) Inheritance Tax id kind to her. I think it's 45% now.

Kramer - 12/18/2012 3:00 PM
0 Votes
I'll say! -she should be in hiding, now that the dumb reporting has come out. I'm sure some "process server" can take care of the filing fees and so on. At least the "cleaning crew" was honest. Let's repatriate all gold back to California!!

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