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 Replies: 41 / Views: 5,337 |
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Pillar of the Community
United States
3453 Posts |
Poll Question
While PCGS is saying that they are offering a $10,000 reward for just inspecting an authentic 1964 Peach Dollar, I am pretty darned sure that you would have it forcibly removed from your hands by the US gubermint. http://www.pcgs.com/News/PCGS-Picks...Modern-CoinsWould YOU allow PCGS to inspect your 1964 Peace dollar?
Edited by CoinsKelly
01/12/2013 2:16 pm
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Pillar of the Community
United States
1511 Posts |
I voted no way, as I agree it would be taken from you.
But- that being said... For the sake of them being able to check one out and for the sake of collectors everywhere....If they could guarantee I'd remain anonymous AND let me be there while graded I'd consider it... (Which I doubt would happen but if there that desperate to see one it might be allowed) but here's no way that coin would leave my sight! They'd be lucky I even let them touch it.. Lol.
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Pillar of the Community
United States
1195 Posts |
So long as I get my 10K without punishment by the government for having it, I'd be in.
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Pillar of the Community
United States
1116 Posts |
After seeing and hearing what the feds did to "supposed owners" of those double eagles a couple years ago - no way. Of course there is no way that anyone can argue with the government and win especially sine all records are in their control.
Let's assume that somehow the US mint did make a mistake and let one or to loose and your parents were the lucky receipients and have hung onto it all these years. PCGS wants to verify the coin, you bring it in to them for verification and they (PCGS) leave the room with it to grade it. The next thing you know is that Federal agents come into the room demanding to know how you got it claiming that it was stolen from the mint and are at the same time claiming that your parents were involved in a theft of government property and now you are included in it by right of possession.
This wouldn't be the first time that the government has involved a reputable company in a scheme to recover something that they claim was stolen property and you have no proof other than possession.
A number of years ago a person had a copy of either the Declaration of Independence,the constitution, or possibly the Bill of Rights that was sent to a southern state for the purpose of ratification way back when and it supposedly disappeared from the state's control. Someone found it in old family papers and then tries to get authenticated for sale purposes. When he does that the person doing the authentication had turned him over the government. This then became a 150 years old cold case and he is now the number 1 suspect in the theft.
So no, I wouldn't coorperate with either of them. The devil would be enjoying a nice iced tea before that happened. If they don't know where it is and this is strictly a matter of idle curiousity then let it lie.
"I'm from the government and I'm here to help you."
(edit) Why would someone believe that the government would agree to anonomity? It would also be like someone selling Fort Knox or the Brooklyn Bridge. That's a national treasure also.
Edited by ghostrider
01/12/2013 3:51 pm
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Pillar of the Community
United States
1388 Posts |
When did the government care about numismatic treasures?
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Pillar of the Community
United States
919 Posts |
What good is the coin if you can't show it anywhere. For $10,000 they can do what they want with it. Worthless if it is a stolen item.
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Pillar of the Community
United States
1659 Posts |
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Pillar of the Community
United States
2150 Posts |
D.W. said he just wanted to see it for a brief moment and would be able to tell if it's a reproduction or not. They aren't trying to get it in their plastic and wouldn't take it in different rooms or anything like that.
Edited by jokingjoker
01/12/2013 6:55 pm
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Valued Member
United States
416 Posts |
for 10k I would let them keep it, not saying I have one if there are any feds on the forum
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Bedrock of the Community
13014 Posts |
Quote:
For $10,000 they can do what they want with it. Worthless if it is a stolen item. Thats actually a pretty good point. Even if you got your hands on one youd always wonder if it was real and 10k is a lot more than the 0 dollars you could sell it for without really breaking the law trying on the black market. |
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Pillar of the Community
United States
3755 Posts |
Quote:
Let's assume that somehow the US mint did make a mistake and let one or to loose and your parents were the lucky receipients and have hung onto it all these years. PCGS wants to verify the coin, you bring it in to them for verification and they ( PCGS) leave the room with it to grade it. The next thing you know is that Federal agents come into the room demanding to know how you got it claiming that it was stolen from the mint and are at the same time claiming that your parents were involved in a theft of government property and now you are included in it by right of possession.
This wouldn't be the first time that the government has involved a reputable company in a scheme to recover something that they claim was stolen property and you have no proof other than possession.  NO WAY. First thing out of my mouth was "they are working with the Secret Service." No doubt in my mind. If there was no reason to believe with relative certainty that these coins DID make it out, then they would not even be doing this. And how does PCGS have this abiding certainty? Think that one through for a minute. Quote:
When did the government care about numismatic treasures? The government is interested because they are Big Brother. In 1933 the biggest communist to run this country before our current commie in office made owning gold illegal. That's right, he confiscated private citizens gold. Under pain of a 10,000.00 fine and or 10 years in jail. 10,000 in 1933. That is ridiculous, but he did it. Now, a number of 1933 St Gaudens gold pieces had been minted and made it out of the mint before the illegal confiscations began. One of these pieces made it to King Farouk. That one was allowed to remain in private hands. However, a number of years ago 7 (I am pretty sure that is the right number of them, someone correct me there if I am wrong) more of them surfaced. Long and short, the Secret Service confiscated them under nefarious means and the government now has them. And a like thinking communist judge found in favor of the government. Fast forward to 1964. Full size silver dollar coins were being minted again! They minted a ton of 1964 Peace dollars. Of course mint employees got ahold of a number of them. Before they could be "circulated" the government changed their minds, called them back and melted them all. Here is the thing, there is absolutely no way they can be 100% sure all of those made it back. And myself and a lot of people firmly believe there are genuine 1964 Peace dollars out there. And those people, seeing what happened with the gold pieces, know darn good and well they can never allow those coins to be seen by anyone outside of trusted family. Quote:
D.W. said he just wanted to see it for a brief moment and would be able to tell if it's a reproduction or not. They aren't trying to get it in their plastic and wouldn't take it in different rooms or anything like that. Yeah, that's the same kind of drivel the owners of the gold pieces were fed. |
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Pillar of the Community
 United States
3453 Posts |
Even if PCGS were not working at the moment with the Secret Service, there is no doubt in my mind that they would get a visit from the Secret Service afterwards. A subphoena would follow and the coin would wind up in the gubermint's hands.
Its bad enough that they would like our information for numismatic purchases over a certain dollar amount. So no way for me.
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Pillar of the Community
United States
3453 Posts |
Holy spelling errors Batman! I just saw we now have Peach Dollars! No one noticed? I think y'all are just being nice - Thanks!  |
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Pillar of the Community
United States
7192 Posts |
@coinsKelly
The government can't spell either, In God We Trvst!
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Pillar of the Community
United States
3453 Posts |
Thanks muddler, I feel better. Peach Out Dude!
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Pillar of the Community
United States
2734 Posts |
You forgot to add the answer "Only if the inspection takes place in North Korea or Iran." (too bad even a Swiss vault might not be enough)  |
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Replies: 41 / Views: 5,337 |
Posted 01/12/2013 3:09 pm
