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US Mint confiscates gold coins that never officially existed
Yahoo ^ | 08/26/05

Posted on 08/26/2005 2:50:46 PM PDT by RoyalsFan

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To: nickcarraway
Was their a trial? Doesn't their have to be proof they are stolen? Due process?

Sure, and she will sue for their return. As they were never issued and could only have been stolen, she will lose, like those who have things that before WWII were in European Museums and ended up in GI's homes.

61 posted on 08/26/2005 4:30:19 PM PDT by HoustonCurmudgeon (I'm a Conservative but will not support evil just because it's "the law.")
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To: TexasTransplant

If you stole something, it doesn't become yours just because you stole it a long time ago. It still belongs to the original owner.

The statue of limitations might prevent prosecution of the crime, but the fact that you don't own the coins has not changed. In this case the crime cannot be prosecuted because her father, who either stole them himself or received stolen property, is dead.


62 posted on 08/26/2005 4:31:58 PM PDT by Cheburashka
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To: RoyalsFan

She should have had them auctioned in Europe by a European agent for her. She would have been anonymous and beyond the reach of the Feds.


63 posted on 08/26/2005 5:08:14 PM PDT by dennisw (Muhammad was a successful Hitler. Hitler killed too many people too fast - L. Auster)
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To: coloradan
The government has little moral authority to talk about stolen property, especially regarding gold money.

Gold money and private property as in the Kelo case. We ain't seen nothing yet folks.

I have updated my FMCDH (From My Cold Dead Hands) sign-off with the addition of (BITS).....Blood In The Streets, which I foresee coming soon, due to the enormous increase of the Marxist progressive movement being shoved down the throat of this failing REPUBLIC through the Judicial tyranny of fiat law, the passing of unconstitutional laws by the Legislative and Executive branches of our government and the enormous tax burden placed upon the average American to support unconstitutional programs put forth by Marxist ideology.

I do not advocate revolution.

I only think of what I foresee.

FMCDH(BITS)

64 posted on 08/26/2005 6:08:23 PM PDT by nothingnew (I fear for my Republic due to marxist influence in our government. Open eyes/see)
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To: BeHoldAPaleHorse

And you would be the one in jail.


65 posted on 08/26/2005 6:27:35 PM PDT by nickcarraway (I'm Only Alive, Because a Judge Hasn't Ruled I Should Die...)
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To: HoustonCurmudgeon
They were not private property, they were stolen property.

That has yet to be adjudicated. If this goes before a jury, the government may well have a difficult time proving its case. There was apparently a window of four days between separate EOs of Roosevelt's. I supect strongly that the case isn't as airtight as FedGov is trying to make it.

I hope these folks get the coins back.

66 posted on 08/26/2005 8:11:05 PM PDT by zeugma (Muslims are varelse...)
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To: RoyalsFan
Following a legal settlement, that coin was retroactively "issued" and auctioned at Sotheby's in New York City in 2002 for 7.6 million dollars

Except for the above statement the rest of the story makes sense. Any other quantity of these same coins would dramatically reduce the value of this single coin.

67 posted on 08/27/2005 6:15:13 AM PDT by MosesKnows
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To: zeugma
Ya'll forgive me if I'm wrong here, but executive orders were never intended to give presidents power to write laws from the whitehouse. The executive orders were supposed to be used within the administration, to set various policies, etc. The U.S. Constitution granted power only to Congress to coin money, and control its distribution. When the worthless communist sympathizer FDR outlawed these coins, he was breaking the law himself. The coins ended up, 70 years later, in the hands of a citizen. It is heartening when a little guy can thwart Leviathan from time to time. Proper and legal or not, were I the citizen in question, me and my 'booty' would have been on the next plane to Switzerland, to set up an auction.

The US government has grown to a ridiculous level of power, they hold over 30% of all real estate in the US, they spend about 40% of every dime we earn, they take up way too much of our time and attention. Back off you statists, and let America be free.

And those beautiful double eagles should NOT be destroyed, but distributed around the country so folks can see what REAL MONEY looked like.

68 posted on 08/27/2005 11:09:34 AM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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To: zeugma

Oh, I got carried away.. You're no statist, I agree with you! ;^)


69 posted on 08/27/2005 11:15:48 AM PDT by GhostofWCooper (enough's enough. Deport them and build the fence.)
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To: nickcarraway

"So, this head of state might have been given one of these coins and owned it legally?"

And the one head of state who visited Philadelphia at that time was King Farouk.

"So other heads of states might have been given these coins and they might have been sold to a dealer in the U.S.?"

No.

"The real reason the settlement was made in the other case is because it involved the head of a foreign state, not some U.S. citizen who is of no concern."

No, it was because there was just enough question about the provenance of that one coin (i.e., reasonable doubt) to support the possessor's claim.

Let's run through this again. These coins were in the personal effects of a man who had fenced other 1933 double eagles, and had confessed to doing so. The question of provenance has already been answered: the provenance is that of a thief.

"I still don't see why you are so against a trial, especially when the government is taking property."

There will most likely be a trial. But it will be a complete waste of everyone's time, except for her attorney, who is probably the one who put things into motion in the first place. That's why I'm really so PO'd about this.


70 posted on 08/27/2005 12:30:31 PM PDT by BeHoldAPaleHorse
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To: RoyalsFan

What the problem? I see them advertised for sale on TV all the time.







Yes, I know they are fakes.


71 posted on 08/27/2005 12:41:12 PM PDT by razorback-bert
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To: GhostofWCooper
Oh, I got carried away.. You're no statist, I agree with you! ;^)

No problem! Myself, I gotta think that after more than 70 years, FedGov ain't gonna miss less than 10 ounces of gold. They are being bullies about all this IMO.

I really hope this gets in front of an intellegent jury.

72 posted on 08/27/2005 7:41:34 PM PDT by zeugma (Muslims are varelse...)
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To: zeugma

In terms of their pure history these coins are among the most important ever minted by our country (excepting maybe the early cents of 1793) -- and now they are going to be destroyed.

The government, the rightful owner of the coins, has them back now. At the very least I'd like to see the coins survive whether through an auction back to the private market or through permanent display in the Smithsonian.

Why are the 1933 double eagles being treated in this manner when it's believed that many of the 1804 silver dollars were illegally made from old dies at the Mint nearly 40 years after their date? Let's either punish the "owners" of ALL the stolen coins or none of them at all.


73 posted on 08/27/2005 10:23:30 PM PDT by okstate
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To: BeHoldAPaleHorse

To my knowledge the Farouk coin was obtained legally because he legally exported the coin from the U.S. in 1944.

He got the export license from the Treasury where some idiot has screwed up and issued it to him without realizing what it was that he was trying to take back to Egypt. After that point the government had recognized the sale whether they meant to or not. That's why it's the only legal coin.


74 posted on 08/27/2005 10:30:37 PM PDT by okstate
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To: RoyalsFan; SJackson; dennisw; Salem; F15Eagle; devolve; potlatch

Rare coins found - then CONFISCATED!


75 posted on 08/27/2005 10:32:10 PM PDT by Happy2BMe (Viva La MIGRA - LONG LIVE THE BORDER PATROL!)
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To: Happy2BMe

I read this in our newspaper yesterday. They said they were stolen. Wonder why we would have to show proof of ownership but they probably won't.


76 posted on 08/27/2005 10:36:11 PM PDT by potlatch (Does a clean house indicate that there is a broken computer in it?)
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To: madison10
She should have just shown the Mint ONE coin to see what would happen.

Twenty were known to have been stolen. One is known. She turned in 10. Maybe she has the other 9 as well.

77 posted on 08/27/2005 10:38:32 PM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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To: RoyalsFan

If I had ten cold coins worth 7.5 mil each, that would be the last you saw of me.


78 posted on 08/27/2005 10:42:22 PM PDT by The KG9 Kid (Semper Fi!)
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To: FastCoyote
So I guess we should give the United States back to the Indians.

What part of America was stolen from the Indians? IIRC it was all acquired through negotiation, treaty, or purchase. Which part wasn't acquired lawfully?

79 posted on 08/27/2005 10:42:33 PM PDT by FreedomCalls (It's the "Statue of Liberty," not the "Statue of Security.")
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To: potlatch
The 10 coins were hidden for decades in the possessions of Langbord's father, Israel Switt, who ran an antique jewelry store in Philadelphia before his death in 1990.

After uncovering the trove, Langbord turned the coins over to the US Mint for authentication. The Mint happily complied, confirmed they were genuine and promptly refused to give them back.

=====================================

This case has more far-reaching implications than just the value of the currency of these particular coins.

Think about it - the goverment could come out tomorrow and say - "Hey, your coins, your currency are not good anymore."

80 posted on 08/27/2005 10:42:39 PM PDT by Happy2BMe (Viva La MIGRA - LONG LIVE THE BORDER PATROL!)
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