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 Replies: 11 / Views: 1,564 |
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Valued Member
United States
440 Posts |
Edited by grovey
08/11/2005 7:42 pm
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Valued Member
United States
218 Posts |
I'm just glad I didn't pay $7 Million for a unique coin that now is one of 11 known! I expect that these will go on sale eventually or the "owner" wouldn't have contacted the secret Service.
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Pillar Of The Community
3147 Posts |
It is my understanding all ten coins were turned over to the U.S. Mint. Personally, I would have never given them up as the government KNOWS there are more out there and they set a very bad precedent by allowing the last one to remain in private hands and be sold. Prior to that sale a collector would be worried but now, with a legal team, private ownership could be obtained even if you did have to pay off the MINT like the last owners did. I would have NEVER given them up. After all, the 1913 Liberty nickels are an even bigger fraud and farce than the legally made 1933 $20 gold double eagles. |
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Rest in Peace
United States
2884 Posts |
Terry , you hit it right on the head. There are more out there. We will never really know why all of a sudden someone comes clean with not one but "ten" legally made coins. What was worked out behind the scenes? I'm sure all the "missing" coins found their way into Politicians hands first. This has been almost a given throughout the history of the mint. The whole thing is a crock given current laws. Mike  |
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Valued Member
United States
157 Posts |
I noticed in the Mint release article that ACTING Mint Director David Lebryk was quoted.
Did I miss something? Is Henrietta H. Fore no longer the Director of the Mint?
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Pillar Of The Community
3147 Posts |
Henrietta H Fore is now HISTORY as she assumed a new government office. W has announced his new pick for mint director but she must be confirmed so we have an acting director for the present time. Actually aren't all government officials acting?
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Pillar of the Community
United States
7123 Posts |
What do I think will happen?
The same thing that Happens anytime ,Government, and Money are Mentioned in the same sentence !!!
Rick
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Rest in Peace
United States
954 Posts |
Just to throw in my Two Cents. I think it will kill the vakue of the 1933 that has already sold. I really don't believe that it will again sell for that much money again. I keep remembering the CC dollars that the Government decided to sell, for a profit, after 100 years. These 1933 may sit around for a while also. The threat of the government releasing one in the future is great. One of these days the government will find a reason to sell them. We already know it takes nothing to make them legal tender from the state they are in now. I feel sorry for the people who paid 8 million for "the Only One". Yeah right. catman |
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Pillar of the Community
United States
867 Posts |
That loud sob we all heard is the poor sap who paid big bucks for the "only" one- we all knew there were more out there!  So the big question is, why were these ten turned over? [:0] Rachel [:p] |
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Rest in Peace
United States
3730 Posts |
I would like to see the new pieces donated to major museums across the country, with the understanding that they are to stay there permanently.
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Pillar of the Community
United States
1247 Posts |
It'll be interesting to see if the value of the legal one is affected by this. Even though the mint says it won't monetize the recovered Eagles, they still exist. They are still over-hanging.
"...we'll live happily forever,
so the story goes, but somehow
we missed out on the pot of gold..."
Styx-Come Sail Away
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Valued Member
United States
146 Posts |
What a shame, Maybe the mint could just sell them, and invest in security, and this won't plague us again
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Replies: 11 / Views: 1,564 |
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Posted 08/11/2005 9:29 pm
