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<p>[QUOTE="RaceBannon, post: 1218305, member: 25357"]I've posted a link to a story that is on Yahoo news today about the legal battle over a stash of 1933 Double Eagles that were found a few years back. The 1933 Double Eagle, as many know is one of the most coveted and valuable US coins ever produced. It is believed that all but 13 were melted by the US Government when FDR outlawed private ownership of Gold in 1933. One of the survivors sold at auction for 7.6 million.</p><p><br /></p><p><br /></p><p><a href="http://news.yahoo.com/blogs/lookout/family-fights-government-over-rare-double-eagle-gold-151853030.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://news.yahoo.com/blogs/lookout/family-fights-government-over-rare-double-eagle-gold-151853030.html" rel="nofollow">http://news.yahoo.com/blogs/lookout/family-fights-government-over-rare-double-eagle-gold-151853030.html</a> </p><p><br /></p><p>There are 10 coins in the stash. The government wants them back. They claim the coins were illegally stolen from the US Mint. The treasury Dept has seized the coins, and locked them away in Fort Knox. The family claims they should be allowed to keep the coins and profit from their sale. The total profits from the sale of these coins could bring up to $80 million. The case goes to court this week.</p><p><br /></p><p>Where do you stand CoinTalkers? Read the story in the link for more details. Do you think the family should be allowed to keep the coins, if they are, should they have to pay inheritance tax? Or does the US Treasury have a legal right to the coins?[/QUOTE]</p><p><br /></p>
[QUOTE="RaceBannon, post: 1218305, member: 25357"]I've posted a link to a story that is on Yahoo news today about the legal battle over a stash of 1933 Double Eagles that were found a few years back. The 1933 Double Eagle, as many know is one of the most coveted and valuable US coins ever produced. It is believed that all but 13 were melted by the US Government when FDR outlawed private ownership of Gold in 1933. One of the survivors sold at auction for 7.6 million. [URL]http://news.yahoo.com/blogs/lookout/family-fights-government-over-rare-double-eagle-gold-151853030.html[/URL] There are 10 coins in the stash. The government wants them back. They claim the coins were illegally stolen from the US Mint. The treasury Dept has seized the coins, and locked them away in Fort Knox. The family claims they should be allowed to keep the coins and profit from their sale. The total profits from the sale of these coins could bring up to $80 million. The case goes to court this week. Where do you stand CoinTalkers? Read the story in the link for more details. Do you think the family should be allowed to keep the coins, if they are, should they have to pay inheritance tax? Or does the US Treasury have a legal right to the coins?[/QUOTE]
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