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Reeling in Riches: New York City Couple Hooks $100,000 Sunken Treasure While Magnet Fishing

NYC Couple Discovers $100,000 Safe While Magnet Fishing in Queens
Source: TMX

James Kane and Barbi Agostini snatched a safe while magnet fishing and then found $100,000 in cash inside of it.

Jun. 9 2024, Published 11:03 a.m. ET

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A couple in New York City pulled up quite a shocker while magnet fishing in Queens — a safe containing about $100,000 in cash, according to authorities.

On May 31, James Kane and Barbi Agostini were at Flushing Meadow Corona Park in Queens when they tossed their rope fishing line with a powerful magnet on the end into a stream, according to ABC News.

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The couple's bounty when they pulled the line in? A safe attached to the other end.

The treasure hunters opened the safe and were shocked when they discovered clusters of water-damaged $100 bills inside amounting to around $100,000 in cold hard cash.

Kane and Agostini have been magnet fishing before and have even caught a safe, but they have never hooked one with money inside, according to the report. The lucky two contacted the New York Police Department to report their discovery in case it was connected to illegal activity.

According to the couple, the NYPD said the money was in poor condition and there was no ID or clues showing who the safe originally belonged to, so investigators could not connect it to a crime.

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The police allowed the couple to keep the money, they told ABC News.

“It still doesn’t feel real," Kane noted.

While Kane and Agostini were able to keep the money, the couple has a long road ahead of them.

“The money would deteriorate more with touch," Agostini said.

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To try and keep all of the cash they found intact, the couple plans to take the crumbling money to the Treasury Department in Washington, D.C., in hopes that it can be salvaged.

Kane and Agostini started magnet fishing during COVID-19 and got their first kit in 2023. Some of their previous finds include guns, a full-sized motorcycle, a grenade and a drone.


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