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Sunday, September 29, 2024

Shipwrecked Whiskey May Be Worth $871 Million — And The IRS Taxes It

Most people think of sunken treasures like gold coins or bullion, but whiskey is sometimes recovered, too. If it’s well preserved, it can be invaluable. In 2021, a single bottle of scotch salvaged from the SS Politician off the coast of Scotland brought £12,925 at auction. Now, 280 barrels of …

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