Rare Century Old $20 Gold Coin Returned

Interesting. They say they receive items form accounts that have been dormant for three years, and then spend two years seeking the owner. In this case the owner died in 2000 the account would have been dormant for three years in 2003. Two years of searching would have ended in 2005. Why wasn't this coin auctioned close to a year ago like it was supposed to?

maybe the Fed's at treasury will get and Idea about returning the 1933 stolen for the the Swift familyand the ANA will put some pressure on the Fed's treasury to give their coin Back. but they the ANA make more money when the 33's are at their shows.

True the rental fee is a good indication, however, the box could still lay dormant for 20 years before the alarms goes off.

Case in point.

I had a checking account at a bank in my college town while I was in school. I also had a safe deposit box associated with it. When I graduated and left town, I forgot to close my account. I had $212.00 in it when I left. The rental fee ($14.50) was deducted from the account each year. It took the bank 14 years to figure out that the account and box was dormant. As long as there is money in the account, a box can lay dormant for decades without alerting the bank to the fact that the person had died or has moved away and is not using the box anymore.

Lucky, for me, I was not dead and not hard to find. The bank contacted me and I went to see what I had left behind. I had left behind a few rolls of silver dollars and a Gretsky rookie card. I bought the card for $275 and by the time I was able to retrieve it ..it was worth about $780. I sold it for $720 to a guy in a card shop a few doors down from the bank.