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To: scory

Also, my understanding about the sale a couple of years ago of the 1933 double eagle was that it fetched almost 8 million $ because it was one of a kind. The discovery of 10 more cannot be good news to whoever purchased it. And the article makes it sound as if there might be more of them out there somewhere.


59 posted on 08/25/2005 10:35:15 AM PDT by scory
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To: scory
The reason that coin was allowed to exist what that the US Government issued an export license for it in 1944, which was necessary thanks to the gold confiscation by FDR. A case of the left hand not knowing what the right was doing but some clever lawyers latched on to that fact and made a case out of it. The Feds decided not to fight and settled and "issued" that one coin, a technical mint designation that made it legal. Part of the agreement of sale of that coin was that the US government would not legalize any others and seize any that came to light. Actually it's kind of gratifying to see at least on arm of the Federal Government living up to its obligations.
65 posted on 08/25/2005 10:41:37 AM PDT by atomic_dog
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