The Langbord case just got a little stronger.

Apparently there is an article in the current issue of Coin World about the case. It appears that documents have been found that indicate that the 1933 Double Eagles were produced earlier that originally thought. It is also believed that some of them were delivered to the Cashier's vault.

Imagine someone working in the Cashier's office and a customer comes in wanting to buy some $20 gold coins......"How about some of these? They just came off the presses!"

How do you spell M-O-N-E-T-I-Z-E-D ?

Chris

 

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That's good news.....now give them the darn coins back already.....!!!!

 

At least this time they will be slabbed.

 

They always start making a few coins even before the old year is out. They need to test the dies and the end of the year is usually slow anyway. Some of these could even have gone out in bags of 1932 coins.

There's simply no way to know and it's not reasonable to suppose they must have been stolen because the mint didn't intentionally release any. Are they trying to say the mint is such a pushover that anyone wandering in off the street might steal a handfull of gold coins?

There was no theft reported and no evidence the mint was short. In all probability the mint's left hand doesn't know what it's right is doing. This is no reason to take someone's property.

 

Sorry, but it is well known that a mint employee walked off with the coins.
That is theft or embezzlement.
Doesn't matter what office they were stolen from.

 

If the coins were transferred to the Cashier's vault, it could be argued by the plaintiff's attorney that it was very possible that an employee used some of the 1933's in a routine transaction and no one representing the government could disprove it.

Chris

 

I wouldn't be surprised if some Government investigator was searching for more coins in the Cashier's vault and we heard the story in Coin World next year "Pres. Obama is Paid 2010 Paycheck in 20,000 1933 Double Eagles". Haha!

 

agreed, theft is theft but the culprit is prob now dead. and if any "legal" not stolen 33's are out there the decision is doz the goc. take them or can the citizen own a copy (or two or a hoard)

 

I believe this is merely assumed because it's believed none were legally issued.

 

wow think of the vacation he could go on if he sold them on the free market.

 

I wonder if the guy that paid $7,590,000 the the lone currently legal example of a 1933 Double Eagle still feels good about his purchase. If the 10 Langbord examples are declared to be legal to own the value of his coin goes WAY down. And just wait until other examples (perhaps dozens and dozens) surface.

 

well known --

by who?

you?

a relative?


apparently no one else has these documents, please provide them.

They'll make interesting reading.

 

I'm waiting for the other shoe to fall.
The person holding the only currently "legal to own" 1933 Double Eagle I suspect has been gathering his ducks waiting on the outcome of the current situation.
Didn't the Gov't officially declare his coin the only one that will ever be allowed to to be owned by a private owner?

 

If the Langbord family wins their case against the government, what would you like to bet that he also files a suit against the government to recover some or all of the "windfall" they received from the sale.

Chris

 

Most of that is conjecture based on the research put together by David Tripp in Illegal Tender No one actually admitted to stealing the coins from the vault, none were recovered by the mint police or the regular ploice in 33 or 34. Mr. Tripp told a story that is now quoted as historical fact, while it may have happened that way, there is no empirical proof.

 

bq:
Thanks for the post, hopefully this will correct some of the historical 'facts' that are simply stories, and nothing more.


This is like Walter Breen, who never met a fact that he couldn't make up.

 

This is just a long running theft recovery case.

Recently a man in California got his Ford Mustang back, it had been stolen in the 1960's.
The police did not need the original thief's name or confession to return the car,
it had passed through many owners since it was stolen.

 

there was a police report filed in 1960....that's all the police needed as it was never recovered so as long as the Vin stays with the vehicle then there is no statute of limitations on recovery. Was there a police report in 1933 for the Double eagles...? 1934...? No there wasn't so you example has zero to do with the merits of this case. You posted speculation on your part and the part of others that the coins were indeed stolen and there isn't one shread of proof to support that assertion...nor is their any information to say how they actually left the mint. If we want to talk stolen...why hasn't the government ever gone after the 1913 V-nickels???? I have never heard Liberty Nickels were monetized in 1913...have you?

 

Like I paraphrased before, it is hard to claim theft based solely on the mere existence of the 33 double eagles. Unless the govt. displays original documents showing that in fact none were issued, all were melted, the totality of the coins and in the gross weight of the coins, the net weight of the gold, etc, etc, etc. Then the govt is simply crying wolf the loudest attempting to have it believed because they say so. The Langboards merely need to prove that it was possible some were changed out. Its called burden of proof.

 

I think I have read that exact numbers and denominations of gold coins transferred to the cashier were recorded, but dates were not. So, how would one prove 1933's were transferred?