Stolen Gold Bar That I Have Held - Page 4

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Author	Replies: 48 / Views: 7,264	Page: of 4

Ed_B Pillar of the Community United States 4008 Posts	Posted 05/29/2011 7:31 pm Quote: John Jay Ford, Jr. assembled a $30 million coin collection primarily to keep them out of the hands of other collectors and researchers. Well, that's just it... he PAID for his collection. He did not steal it from a museum. Or did he? Report this Post to the Staff
biggfredd Rest in Peace United States 9104 Posts	Posted 05/29/2011 8:13 pm He bought gold, illegally. In order to make it legitimate to hold, he made it into fake bars from the 1800s, which he developed fanciful tales about to justify "finding" them. He then sold these fantasy bars for many times their gold content to some of the top collectors of the day, and used that money to buy coins. Not to be confused with Sheldon, who got some of the finest early copper by trading his lower grade specimens for better ones, without the owners realizing it. Report this Post to the Staff
Ed_B Pillar of the Community United States 4008 Posts	Posted 05/31/2011 5:02 pm Sounds like creative skulduggery to me, Fred. I am sure that many of us would resort to similar activities if a heavy-handed government tried to steal our PMs or even make them illegal. Hopefully, it will not come to that. Report this Post to the Staff
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