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Family wins back 1933 $20 Double Eagle gold coins worth $80 million seized by feds
AP via NY Daily News ^ | 04/18/2015

Posted on 04/18/2015 7:29:36 AM PDT by Kid Shelleen

A family was awarded the rights to 10 rare gold coins possibly worth $80 million or more on Friday after a U.S. appeals court overturned a jury verdict.

U.S. Department of the Treasury officials insist the $20 Double Eagles were stolen from the U.S. Mint in Philadelphia before the 1933 series was melted down when the country went off the gold standard. They argued that Joan Langbord and her sons cannot lawfully own the coins, which she said she found in a family bank deposit box in 2003.

Langbord's father, jeweler Israel Switt, had dealings with the Mint in the 1930s and was twice investigated over his coin holdings. A jury in 2012 sided with the governmen

(Excerpt) Read more at nydailynews.com ...


TOPICS: News/Current Events
KEYWORDS: california; doubleeagles; epigraphyandlanguage; godsgravesglyphs; goldcoins; israelswitt; joanlangbord; money; pennsylvania; philadelphia; saddleridgehoard; usmint
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To: Kid Shelleen
When my mom passed she had a Band-Aid tin full of Morgan Silver Dollars. Since I was given the house I made sure all my brothers and sisters got to pick one of the Morgan's to keep.
61 posted on 04/18/2015 9:59:30 AM PDT by mware
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To: Kid Shelleen

To quote Hillary, “What difference does it make...?” It’s good to see the government lose a round every once in awhile. How many trillions has the government stolen? Give this family their pitiful little fortune of ill gotten booty.


62 posted on 04/18/2015 10:07:35 AM PDT by pallis
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To: Kid Shelleen
Interesting side note:
One of the judges on The U.S. Court of Appeals for the Third Circuit was Judge Marjorie O. Rendell, ex-wife of DNC Chairman Ed Rendell. I wonder if Hillary is going to get a big campaign donation from the Langbord family?
63 posted on 04/18/2015 10:26:14 AM PDT by Kid Shelleen (Beat your plowshares into swords. Let the weak say I am strong)
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To: Kid Shelleen; Jim Noble

Here are the opinions.

http://docs.justia.com/cases/federal/district-courts/pennsylvania/paedce/2:2006cv05315/219422/181

http://www2.ca3.uscourts.gov/opinarch/124574p.pdf

I’ve followed the case somewhat, having read a couple of books on the Double Eagle saga.

Here’s a history of the only Eagle that has been deemed “legal.”

http://bullion.nwtmint.com/blog/gold-bullion/the-hunt-for-1933-double-eagle-gold-coins/


64 posted on 04/18/2015 10:41:13 AM PDT by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: ifinnegan

In order to prove a loss, you have to have a reduction in inventory. All records show no loss.


65 posted on 04/18/2015 11:36:42 AM PDT by Domangart
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To: Kid Shelleen
The burden of proof that the current owners have no legal right to the coins should be on the government. This is something that they are very reluctant to ever concede, mostly because it threatens their various property confiscation drug war rackets.

If they can't prove the coins are stolen, they should belong to the people who had them.

Of course, the government gonna do what the government gonna do. All money and property is their's, they just let us use things for a while.

66 posted on 04/18/2015 11:42:06 AM PDT by dead (I've got my eye out for Mullah Omar.)
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To: CommerceComet
It looks like these people had possession of $80 million of coins that didn't belong to them.

It looks like these people had possession of about 10 ounces troy of gold that didn't belong to them.

There is NO guarantee that if the ten 1933 double eagles had been in the custody of the government, that they wouldn't have been melted down for bullion.

If the gruberment was entirely fair, it would have offered the Langbord woman some significant amount of "consideration" for the maintenance of these pieces in a safe place, in pristine condition.

Instead, the gruberment tried to steal them back. It's kind of like the property tax on a home that you've completely paid for.

You pay the insurance, you pay for maintenance and upkeep, you pay for the utilities to keep the place warm/cool/mold free, and liveable, you own the place free and clear, and the gruberment is standing there waiting for you to fail to pay a couple hundred bucks of the King's Rent, so it can sell "its property" and get its 200 bucks - be damned to you.

67 posted on 04/18/2015 2:43:18 PM PDT by kiryandil (Egging the battleship USS Sarah Palin from their little Progressive rowboats...)
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To: dead
Of course, the government gonna do what the government gonna do. All money and property is their's, they just let us use things for a while.

Yep - now they're making noises about creating "The King's Money":

Citi Economist Says It Might Be Time to Abolish Cash [Link Only]
http://www.freerepublic.com/focus/f-news/3279962/posts

68 posted on 04/18/2015 2:46:29 PM PDT by kiryandil (Egging the battleship USS Sarah Palin from their little Progressive rowboats...)
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To: kiryandil
If the gruberment was entirely fair, it would have offered the Langbord woman some significant amount of "consideration" for the maintenance of these pieces in a safe place, in pristine condition.

Why be reasonable when you can be heavy-handed? Seems to be standard fare lots of time with governments.

Isn't it a common law burden for those holding assets that don't belong to them to take reasonable steps to maintain them with the costs to be repaid by the rightful owners?

69 posted on 04/18/2015 4:00:44 PM PDT by CommerceComet (Ignore the GOP-e. Cruz to victory in 2016.)
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70 posted on 04/18/2015 4:04:44 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Yogafist

Tell it to those who absolutely can prove the money in the confiscated bank account was legally earned but the feds took it anyway-as the Maryland dairy farmer interviewed on Fox recently.The tissue-thin justification by the feds was he made too many small deposits instead of fewer big ones! No allegation of criminal behavior,no avoidance of taxes.

Maybe when they take YOUR bank account you’ll wake up?


71 posted on 04/18/2015 5:47:30 PM PDT by hoosierham (Freedom isn't free)
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To: Gen.Blather

Yes. Laws for thee, not for me.


72 posted on 04/18/2015 6:03:19 PM PDT by Secret Agent Man (Gone Galt; Not averse to Going Bronson.)
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To: hoosierham

As I said before, I am not worried about my property, I function within the law.

As for waking up. You do realize you are flying off the handle after hearing only one side of a story, right? And the side pushing these stories is the side that stands to gain from illegally obtained money/goods.

You make the assertion the feds had, “Tissue thin justification.” Who told you that? The person protesting the seizure? I doubt the feds have shown their hand, so you don’t know what they had, or why they did what they did. And even if the courts threw the case out (I don’t know anything about it), we all know there are no bad court decisions. No activist judges with an axe to grind.

Look where most of these stories come from, defense attorneys, organizations that defend criminals... To me, most of these stories appear to be from people who want to be able to break the law, and profit from it.

These stories do prompt concern, and we should be suspicious of government overreach, and misconduct, but the idea we are all at threat of having everything we own confiscated for no reason whatsoever is ridiculous.


73 posted on 04/19/2015 6:55:36 AM PDT by Yogafist
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To: Yogafist

You do realize your ability to prove you own the car ,boat,home,or bank account really has no bearing on asset forfeiture.They take your property based on the idea it MAY have been connected to some law violation.

Asset forfeiture and the War On (some) Drugs is a failure at stopping crime.Over-reaching government is a threat to all,not just the criminal.

Americans are cajoled every day to take the “purple pill”, the ED pill, the pill for anxiety,the pill for this,and the pill for that by hundreds of commercials and advertisements ;and we wonder why there is a drug problem?!


74 posted on 04/19/2015 10:08:08 AM PDT by hoosierham (Freedom isn't free)
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To: abb
If the coins were replaced with double eagles of an earlier mintage, they were exchanged. As for "theft", that would imply that nothing had been done to replace the value of those coins. That apparently was not the case.

If a cashier exchanges a $5 Federal Reserve Note for a $5 United States Note or Silver Certificate that came in in commerce, is that stealing? I am asking this because I have worked places where these notes have come in in trade--as well as the odd silver quarter, dime, or wheat backed cent. Most of those were picked up by attentive cashiers and exchanged for more modern forms of equal legal tender value. Would that be considered stealing?

75 posted on 04/19/2015 12:50:36 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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To: Yogafist
defense attorneys, organizations that defend criminals...

You ever stop to think that defense attorneys defend the innocent, too?

Just because your stuff was seized doesn't mean you have been or ever will be charged with anything. You still have to sue to get it back.

If you fit a profile (like making small cash deposits on a regular basis--which many small businesses do--the government can rip you off. If you make large cash deposits, the government can rip you off, with the logic that either way, you are a drug dealer. You don't have to be charged with anything, but you have to sue and prove a negative to get your money back--after your accounts have been seized, based on arbitrary profiling. If you haven't stashed enough cash somewhere to get an attorney or land one on commission, you are royally screwed.

What ever happened to "No person shall be deprived of life, liberty or property without due process of law."?

Due process has morphed into someone passing a law to redefine it, and the presumption of innocence has been cast aside.

Don't you find it odd that business persons can be profiled but terrorists (esp. Muslims) can't?

76 posted on 04/19/2015 5:38:59 PM PDT by Smokin' Joe (How often God must weep at humans' folly. Stand fast. God knows what He is doing.)
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Note: this topic is from 4/18/2015. Thanks Kid Shelleen.
A family was awarded the rights to 10 rare gold coins possibly worth $80 million or more on Friday after a U.S. appeals court overturned a jury verdict.

77 posted on 04/30/2018 4:17:23 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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78 posted on 04/30/2018 5:10:37 AM PDT by SunkenCiv (www.tapatalk.com/groups/godsgravesglyphs/, forum.darwincentral.org, www.gopbriefingroom.com)
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