United States Mint to Display Ten 1933 Double Eagles at World’s Fair of Money

I had assumed the one that was "legalized" by the govt. I am surpirsed someone slabbed it then, as it was always a big No-No to have one of these. I wonder why the govt never went aftaer the one coin. They certainly junp anytime a 1933 DE surfaces.

Very interesting indded.

 

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I don't think the coins should even be shown until the court makes a final decision if nothing else give the family create by letting the public know that the coins are on lone from that family thats my opinion.

 

As far as I know, a story I heard from my Grandmother, my Great grandfather who worked with one of the armored car companies, said many were sold, before they figured out that they( the mint) were'nt supposed to.And all were to be destroyed. Maybe as many as 100 were sold .

I will be visiting the show and will let you all know how it goes!

It sounds like to me, a way of hypeing up the coins to auction them off later for millions.

CLAW

 

1933 Double Eagles.

From what I have read,the 10 1933 Double Eagles had been found & were sent to the U.S. Mint for authentication.I believe that the U.S. Mint officials went ahead & stole those coins.

As for the 1913 Liberty Head nickels,they were were clandestinely produced for a Colonel Green.It beggars belief that the U.S. Mint never jumped up & down over these illegally struck coins.

Aidan.

 

I always felt the government had these two backwards. Seems to me the double eagles were clearly legal (or at least not clearly illegal) while the 1913 Liberty nickels were clearly illegal... but they seized the one and turned a blind eye to the other. Never made sense to me...

 

Troodon,I wonder how many of the 1913 Liberty nickels are in the Smithsonian? If there's one there,then the other 4 are around somewhere in the U.S. numismatic community.

Aidan.

 

For some reason, I seem to think the Smithsonian has 2 of them-but I have no evidence to support that claim. I think I just it heard it somewhere so it may or not be correct.

 

the two lowest graded specimens are permanently in museums (Norweb specimen is in the Smithsonian and the McDermott specimen belongs to the ANA collection). The Walton specimen is owned by the Walton heirs (4 or 5 children) and is currently on loan to the ANA. The Olsen specimen (the most famous example and the only one ever handled by B. Max Mehl following a lifetime of advertising the coin) is graded pf64 and was last sold at auction in May 2004 for $3 Million. Finally, the Eliasberg specimen is graded pf66 and was sold last summer to Legend Numismatics for $4.5 million. Bottm line 3 are "available" if you have money and the connections and a long enough life to see them at auction again.

 

The Gov. has always maintained that they are legal, yet they have monetized one already. Why not go ahead with the other fifteen or so '33's? I can't imagine that the government is concerned about the one guy who overbid and has probably regretted buying the legal one recently.

 

If they monetized those ten, they'd have to give them back to the rightful owners at no profit to themselves. I would be willing also to bet my left you-know-what that more would come out of hiding if they monetized them out of the goodness of their hearts, rather than for a court order or legal agreement.

 

I think the famuly knew what they had, but the choice was a LOSE-LOSE proposition. Send them to the govt - if they are real, they would be confiscated as illegal coins, if they are fake they woul dbe confiscated as forgeries.

Any way, I guess they are rollong the dice and going for the gold, so to speak. All or nothing. Confiscation and then court case.

I do think it is unwise for the govt (from their perspective) to display them - it only pulicizes the issue and that can't be good for the govt.