1933 Double Eagles 10 Found In 04 Who Own Them

The family says he had them put up for savings

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Originally posted by amac44

The family says he had them put up for savings

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$200 dollars in 1933 was alot of money!
Are our coin safe from the US mint long arms?

well.....legally neither one you have mentioned above own's them, the US Government does

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Originally posted by Bryan1315

...legally neither one you have mentioned above own's them, the US Government does

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Does this mean that all currency belongs to the government? Even if you have purchased non-circulating legal tender? Does it not belong to you?

Sorry if my question sounds stupid, but it had never occured to me that I may not actually own my coins.

[/quote]Perhaps in part because of the Issy Swiff situation, there has been some recent legislation in regard to this issue. I can't quote chapter and verse at the moment but, there was a recent article in Coin World about it. Now whether The Mint and The Feds will abide by it...that's another story.
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I think that you are referring to the Numismatic Rarities Act. Unfortunately, only coins minted before December 31, 1932 can not be seized:

`(a) Coins, Medals, and Numismatic Items Made Before 1933- Any coin, medal, or numismatic item made or issued by the United States Government before January 1, 1933, that, as of the date of the enactment of the Numismatic Rarities Certainty Act of 2006, is not in the possession of the United States Government shall not be considered to be property of the United States, unless the coin, medal, or numismatic item is reacquired by the United States Government for value given in a sale or exchange.

`(b) Coins, Medals, and Numismatic Items Made After 1932-

`(1) IN GENERAL- In the case of any coin, medal, or numismatic item that--

`(A) was struck or made by the United States Government after December 31, 1932;

`(B) was never issued by the United States Government; and

`(C) comes into the possession of the United States Government,

the coin, medal, or numismatic item shall be transferred to the Secretary of the Treasury, if not already in the Secretary's possession, and the Secretary shall take the appropriate action required with respect to such coin, medal, or numismatic item under paragraph (2).


Heres a link to the entire bill:

http://www.theorator.com/bills109/hr5077.html

~christina

I would have to say the US Government still owns thems regardless. If they were stolen as they say then there would not have been a transfer of ownership. I see it no differently than if someone stole my car and sold it to someone whether they knew it was stolen or not its still my car. Is there a statute of limitation on something like this? I don't know. Here's a question for you. If you came into possession of one of these coins would you let anyone know you have it? Would you take a chance of the US Government siezing it from you?

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Originally posted by dsking

That's a tough one. IF Issy Swiff actually did steal them then they don't belong to the family. If he bought and paid for them or received them as HONEST gifts then they are the families inheritance to do with what they wish. This is somewhat of a sticky wicket issue isn't it? I believe that the coins themselves should be honored and displayed throughout the Country and perhaps the World for all to see, enjoy and drool over!

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I just hope that 1 day we do not have to go look at our coin the way the swiff family has to!