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Ouch!!!!! $80 Million Retrieved By The Government

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Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 09/08/2012  12:57 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply

Quote:
"The Mint meticulously tracked the '33 Double Eagles,

So meticulously that on at least four occasions before the Langbord coins turned up they declared that every 1933 double eagle had been accounted for.

And they can't auction them off. When they auctioned the Farouk/Fenton coin it was with the understanding that the government would never legitimize another one. So they can't sell these without breaching the contract on the sale of the first one.
Valued Member
United States
163 Posts
 Posted 09/09/2012  03:25 am  Show Profile   Bookmark this reply Add jarwulf to your friends list Get a Link to this Reply

Quote:
I don't really see the injustice here, they're stolen property.


The guy/family should be given a medal and the coins for saving and safeguarding treasure from an out of control government hellbent on destroying them and countless other priceless specimens, most/many of which were stolen from the American public. Of course the coins are unlikely to be destroyed now but they clearly would have been consumed if not for Switt's actions.
Valued Member
odentheviking's Avatar
United States
425 Posts
 Posted 09/10/2012  9:00 pm  Show Profile   Bookmark this reply Add odentheviking to your friends list Get a Link to this Reply
Quote:"I don't really see the injustice here, they're stolen property."

True, But is this not also true of ALL pre- 1933 US Gold Coins? I am not expert here but did not the govt. call in ALL gold coins? Does this mean that this case could leed to the Govt. coming after any remaining gold coins?
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