Question: According to Jeff Garrett in the 100 Greatest US Coins, it is said to be on "long-term loan". Is it there forever, or on loan????
The 1870 S 3 dollar gold piece is owned by the Bass foundation. Part of the mandate for the foundation, was that the collection was to be made accessible to students and scholars. Now for the foundation to do this they would've had to build displays, provide security, and carry insurance to protect the collection. Instead they loaned it to the ANA and now the ANA has to handle all those headaches for them. As long as it's on loan to the ANA the foundation has no expenses and the trustees can continue collecting their salaries.
