Heirs Lose Fight With Gov't to Keep Rare Gold Coins

Has the mint ever accidently released a coin they never intended? Duh?????? Of course not! Has a cashier ever looked in their till, called a friend and said "you won't believe what I got, you better come down here and exchange some coins". Duh?????? Of course not, that would be unethical. Theft or incompetence, that is the question.

 

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"They were taken from the mint without permission and always deemed "stolen".
http://coins.about.com/od/famousrare...Gold_Eagle.htm "

It's outrageous how much government resources have been wasted chasing these coins. The government should be ashamed if it self. Oh, almost forgot this government doesn't know what shame is or greed or competence. . .

 

Do you have a paper trail on everything you ever acquired? No? Well then I guess whatever you don't have that trail on must be stolen. To the best of my knowledge the Government own paper trail said none were missing.

1974 aluminum cent, 1974 bronze clad steel cent, some 1916 patterns, the Martha Washington pieces, any and all errors, off metal pieces etc.. And I have a couple of items, not coins, the government never intended to release.

 

Like documents? :devil:

 

Someone didn't meet the burden of proof required to show that the coins, in fact, were not stolen. Simple as that......

 

Actually I will never never suprised of the outcomed that the goverment won the case. Big suprised on me if they won it....:thumb:

 

What will the Govt. do with the coins??

 

**Someone didn't meet the burden of proof required to show that the coins, in fact, were not stolen. Simple as that......**

According to the jury It appears innocent until proven guilty doesn't matter anymore.

 

I guess I would have to go along with the government having the best case for possession. I think the family was hoping for a settlement where an award would be given by the government, that way making money from the coins and being legal.

 

It must be me. . . . Nobody is concerned about the amount of resources wasted chasing these coins and harassing people.
King Farouk legally exports one these "stolen" coins but the government doesn't blink an eye. American have possession of the same coins and they spend years
in expensive legal entanglements.

They should've hired my son.

 

That is the same as saying " Guilty until proven innocent" !

Never trust the Gov't.

How'd you like to be Japanese-American living this horrible country during WW2- the big one ? or maybe an "Indian" in the 17th century ?

 

midas1:
Cost and the resources are not the issue, as with many things brought before the courts.

 

I am sorry, but I am half indian, (ancestors on the "trail of tears") and I resent the comparison. You are trying to say these heirs cannot profit from something that 12 men and women unanimously said they couldn't legally inherit because it was stolen property with Japanese-American treatment during WWII or treatment of the indians in this country is frankly offensive.

I have read the case why the 1933 $10 is legal, (though the government is sure SOME of them left the mint illegally, it cannot prove which ones and SOME were legal), and why the $20 is illegal. I think its a fair argument, just like the 1974 aluminum penny and other coins never legally leaving the possession of the mint.

Chris

 

Why would you call yourself " Indian" ? That is a whiteman's misnomer .

I think I'd call myself Native American.

The 19th century mint was very corrupt, rarities could be made to order from corrupt mint workers easily. Lots of suspect coins like the 1894-s dime, 1913 V-nickel, all kinds of patterns in various metals, etc.

The 1974 Aluminum cents were stolen by Congressmen...big surprise !

Oh, and how about FDR stealing all the Gold in 1933.

I despise the USA and want to leave very badly !

 

I am Creek, so no matter what name white men give to me it will not matter. I use whatever term I feel others will understand.

The fact we know Congressmen stole the 1974 cents does not make them less illegal to own, and a case in 50 years involving one I hope will have the same result as this one. Theft is theft, and theft from the government is theft from all citizens. I hope these get placed in the Smithsonian. Other items you mentioned, because the circumstances of their manufacturer, its more cloudy as to if the superintendant gave permission for them to be sold. That is why the government cannot prove they are stolen. I believe this case is one in which the government has the proff, though, which is why they have been public about the fact they have proof that any are illegal. One example was pulled from the Farouk sale in the early 50's due to US Treasury objections.

I am sorry you hate this country, I have fought in a war to defend her, no matter what happened to my ancestors. I detest what is happening politically and economically today but I will never detest my country.

 

Anybody watch the Antiques Roadshow when they evaluated "stolen" congressional chairs or "stolen" federal government antique desks and other "stolen" federal property that's on its way to sales, including auctions? In all of my years attending estate sales, auctions, etc I have never seen documentation stating this item was released for sale by the Federal government. OTOH, I'm sure some surplus specialized military equipment has a paper trail.
But the "stolen" coins (never ever proven by anybody they were stolen) gets confiscated from heirs of the original non government owner.

Why didn't they lock up King Farouk for possessing stolen property. What a sad joke this is.

For twenty years of my government career I dragged around a bureau of prisons antique wood/glass/brass legal book case that was transferred to me by a friend who was retiring.
I must of been told at least three times by managers "will you take that piece of crap home so the rest of your office matches the new furniture we just got for you with end of year money?" When I retired I left it didn't bother to take it but you can bet somebody else took it and they weren't arrested.

For decades I would "steal" poster size pictures of the president and vice presidents (Nixon through Obama) at a federal installation before they were swapped out for the newly elected pres and vice pres. When I sell or trade them as a lot I guess the secret service will be waiting for me since they got a lot of free time now.

 

If you despise the USA, then you have the choice, to leave and don't come back. And you think that you can call yourself a "Native", but you are not an American then.

 

I suggest they display one in the lobby of each Federal Reserve Branch, so those coming in can be reminded of what money use to look like.

 

How'd you like to be African American living in this country (down South) in the sixties? How'd you like to be a Tuskeegee Airman, fighting during WWII with ill regard and no thanks for the vast accomplishments that they, as a group, contributed to the war effort back then? Men and women of Iron they are, and they did their best to fight for the freedom of this nation, even though they saw little in return. They are what makes this country great, and what makes their children proud.

The Jury did what they were instructed to do, being charged by the judge as to how they could weigh the evidence. The scales tipped in the goobers favor......

 

I need to read the transcript. One of the coins was legally exported out of the country but others are illegal and the government spent untold millions and >fifty years getting possession of most of the other coins.