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 Replies: 33 / Views: 4,722 |
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Bedrock of the Community
13014 Posts |
http://www.numismaticnews.net/buzz/...ate-in-doubtThe mint wants the 74 d aluminum cent back. Their argument can be extended out to all pattern coins really. There's a few more articles about this as well I didn't link. Another great decision by the government and mint  *** Moved by Staff to a more appropriate forum. ***
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Pillar of the Community
Canada
785 Posts |
Really, who gains anything from this? It's like being told you've won the lottery than someone taking all your money.  Edited by Nathancrh1
03/21/2014 5:26 pm
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Bedrock of the Community
 13014 Posts |
No one gains anything which is what makes it even dumber. In fact the government loses out on millions in taxes from its sales over the years as well as spending 10s of millions in legal fees now
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Valued Member
United States
360 Posts |
I really don't know what the guy expected, he should have known that the gov. was going to confiscate it when he first learned he had an aluminum cent. I obviously don't condone them consfiscating any aluminum cents from collectors, but I thought it was ridiculous that the gov. would allow only this one guy to sell it. In the end it makes no difference to me if the coin goes up for auction or not, I don't have the money to buy it.
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Pillar of the Community
United States
649 Posts |
That didn't take long. Quote:
No one gains anything which is what makes it even dumber. In fact the government loses out on millions in taxes from its sales over the years as well as spending 10s of millions in legal fees now Good point |
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Pillar of the Community
United States
4409 Posts |
When this first surfaced my gut was telling me the government would ultimately seize it.
-MV
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Pillar of the Community
United States
1666 Posts |
The owners of the certified 1974-P aluminum cent received no such confiscation letter, how is this any different? That being considered I think they will end up getting to keep the coin, though they may not be able to sell it at open auction.
Edited by Numismat
03/21/2014 6:59 pm
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Bedrock of the Community
Australia
21786 Posts |
May be worth producing a few hundred thousand super high quality forgeries!   |
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Pillar of the Community
United States
824 Posts |
How long before they come for the Saddle Ridge collection.
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Pillar of the Community
United States
1314 Posts |
It almost appears as though the actions of the government are to prevent anyone from prospering, even if they might benefit. Cut off your nose to spite your face.
Prosperity or oppression, you be the judge.
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Valued Member
United States
355 Posts |
Quote:
It almost appears as though the actions of the government are to prevent anyone from prospering Ding ding ding  As far as the Saddle Ridge hoard goes, I've seen the mint quoted several time saying they have no interest. But you never know. |
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Pillar of the Community
United States
8515 Posts |
As an employee of the US government and Denver mint, can you just take what you like ?
Oregon coin geek.....*** GO BEAVS ! ! ! ***
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Bedrock of the Community
13014 Posts |
Irrelevant, they're dead and security now a days makes smuggling out coins almost impossible. All of these were made the same way yet there's selective prosecution for which ones to get because those in power have the others.
If anything someone high up probably decided they want this but don't way to pay the auction price so they'll use millions in tax payer money to get it free
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Valued Member
United States
317 Posts |
Any of you have any expensive coins you want to lend me?  |
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Valued Member
United Kingdom
477 Posts |
Did anybody read the comment at the bottom of the page on the link? Edited by awallin01
03/22/2014 8:45 pm
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Bedrock of the Community
13014 Posts |
Lol yea the guy with the 75 one that's probably just plated. I chuckled from that.
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Replies: 33 / Views: 4,722 |
Posted 03/21/2014 5:28 pm
