Judge says U.S. must return rare coins to Phila. family
 

This is huge!!! Remember the famous case of the ten 1933 Gold Double Eagles that the Mint confiscated? Well the family won the case and gets the coins returned!!

http://www.philly.com/philly/news/52246492.html

Think about this - prior to this ruling, there was only ONE legitimate 1933 Double Eagle ever on the market, which fetched $7.59 million at auction. Now that the pool has grown to 11, this probably killed that guys investment!!!

Re: Judge says U.S. must return rare coins to Phila. family
 

Wow! I'm impressed.

Thanks for the INSIGHTFUL post.

Bet the person with eight million dollar SAME "O" just had a HEART seizure

poor fellow - 10 more in the system.

Anybody got a few million laying around - they'll go up for AUCTION one-at-a-time

yearly I'd bet! :wink::111:

Re: Judge says U.S. must return rare coins to Phila. family
 

Or maybe wait for TEOTWAWKI

Re: Judge says U.S. must return rare coins to Phila. family
 

http://www.audiosparx.com/sa/archive...ee-ha-ha/30188

Well those fellows getting those BILLION US dollar bailouts can put a few bucks toward a real work-of-somewhat rarity.

But on second thought how about all the ONES held closely securely quietly in storage secretly - they may come out too!

Ain't that a kick in the head?

:thumb.aspx:

Re: Judge says U.S. must return rare coins to Phila. family
 

Before the 1933 gold coins were ready for circulation, FDR's famous gold confiscation act happened - therefore none of the 1933 $20 gold ever made it out to circulation, they were all (supposedly) melted down. The only known surviving example was one coin which was a gift to Prince Farouk of Egypt (this is the one which fetched all the millions at auction - it was thought that this was the only one in existence). Fast forward to a couple years ago - apparently a jeweler who had a contact at the mint helped smuggle 10 coins out of the mint to keep them from the melting pot, and until they were revealed through his grandkids, nobody knew they existed. The grandkids discovered the coins after the old jeweler died. To summarize, now there are only 11 official known examples of this coin, but who knows if there are any more hiding out there.

Re: Judge says U.S. must return rare coins to Phila. family
 

There were a LOT trading between 1933 and 1944 ish - when they made it a FEDERAL CRIME to possess one. Tee Tee :111:

Many went into bye bye land - kinda like some of my emails - and NOW they may come to light at a few million dollars per exposure.

:wink:

Re: Judge says U.S. must return rare coins to Phila. family
 

Oh dear! Hazards of numis investing!

Re: Judge says U.S. must return rare coins to Phila. family
 

You are really FUNNY.

I about spit out my coffee!

:111::111:

Re: Judge says U.S. must return rare coins to Phila. family
 

I doubt this story is over,...I smell an appeal :36_1_30:

Re: Judge says U.S. must return rare coins to Phila. family
 

There'd probably be a lot more of those coins around if some/more GIMers were PROFICIENT SAILORS! :rant:

R.

Re: Judge says U.S. must return rare coins to Phila. family
 

Hard to fight FIAT power pride glory and civil serpent attitude - especially when YOU are fighting the central city HALL.

:111::111::111:

Re: Judge says U.S. must return rare coins to Phila. family
 

one over night rich family!