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Magnet fishers James Kane and Barbie Agostini share how they reeled in $100,000 from a safe in a Queens lake on ‘Fox & Friends.’ Strong Magnetic Bar Factories
After casting a line into a Queens lake, a New York City couple reeled in an unsuspecting catch – a safe filled with cash.
"That's definitely another safe," Magnet fisher James Kane said in a video Friday. "Oh, that's money… stacks of bills, dude!"
Kane, along with magnet fisher Barbie Agostini, pulled up a large safe from the bottom of a lake containing stacks of dollar bills worth roughly $100,000.
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During the COVID-19 pandemic, the couple discovered magnet fishing while watching YouTube videos. Kane, who had always wanted to be a treasure hunter, decided to try his luck with the technique.
"We just don't have it where we can go on ships and scuba dive and find wrecks and all that. And we discovered people can throw magnets in the water, which we thought was electrical, and it turns out it's neodymium and anybody can do it," Kane said on "Fox & Friends" Tuesday.
Magnet fishers James Kane and Barbie Agostini reeled in a $100,000 prize after finding a safe at the bottom of a lake. (James Kane/Fox News)
Kane got his first magnet off Amazon, but the couple has since invested in larger and stronger magnets, making it possible to pull up top prizes like a money-filled safe.
"You need something very strong because some of these weigh a couple of hundred pounds, these safes," Kane advised.
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The NYPD gave the couple the all-clear to keep the cash, but damage to the bills could put a damper on their big payout.
The U.S. Treasury Department will forensically piece together the damp dollar bills, and based on how much is accumulated, the department will cut the duo a check. Each bill must be over 50% intact to count towards the total.
Depending on how much they make from the prize catch, Kane and Agostini plan to use the money to purchase a home or get new equipment for future fishing endeavors.
"We've tossed around a couple different ideas. One of them is we've always like to get a place of our own little, little house somewhere. Maybe down south. Maybe get some different equipment for our channel."
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Madeline Coggins is a Digital Production Assistant on the Fox News flash team with Fox News Digital.
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Strong Permanent Magnet This material may not be published, broadcast, rewritten, or redistributed. ©2024 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by Refinitiv Lipper.