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1933 Gold $20's housed in "ziploc" bags!
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<p>[QUOTE="JBK, post: 71723, member: 1101"]With all due respect, these are pretty strong opinions from someone who does not have all the facts.</p><p><br /></p><p>First off, there is such a thing as a statute of limitations. Unless they were "stolen" in the last several years or so, then no one can be convicted of theft. </p><p><br /></p><p>Second, there was a period of time (I had heard weeks, but not sure) when Mint employees (and perhaos others) could buy them - legally - in 1933. As far as I know, they were then caught up in the FDR gold ban. However, coin collectors were exempt. </p><p><br /></p><p>So, as I see it, those coins were purchased legally and kept legally unless and until proven otherwise. The government does not agree and well might have its way, but that does not change the facts.</p><p><br /></p><p>P.S. - as for this idea of the coins not being "issued" or "monetized", I am not quite sure what the process is, but I doubt the Sec. of the Treasury stands over the coins and blesses them like the Pope. I imagine that a coin is authorized, struck, then delivered, and all of that represents issuance and monetization. The Mint is hanging its hat on the claim that the last of those three steps was never performed, but that is disputed.[/QUOTE]</p><p><br /></p>
[QUOTE="JBK, post: 71723, member: 1101"]With all due respect, these are pretty strong opinions from someone who does not have all the facts. First off, there is such a thing as a statute of limitations. Unless they were "stolen" in the last several years or so, then no one can be convicted of theft. Second, there was a period of time (I had heard weeks, but not sure) when Mint employees (and perhaos others) could buy them - legally - in 1933. As far as I know, they were then caught up in the FDR gold ban. However, coin collectors were exempt. So, as I see it, those coins were purchased legally and kept legally unless and until proven otherwise. The government does not agree and well might have its way, but that does not change the facts. P.S. - as for this idea of the coins not being "issued" or "monetized", I am not quite sure what the process is, but I doubt the Sec. of the Treasury stands over the coins and blesses them like the Pope. I imagine that a coin is authorized, struck, then delivered, and all of that represents issuance and monetization. The Mint is hanging its hat on the claim that the last of those three steps was never performed, but that is disputed.[/QUOTE]
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1933 Gold $20's housed in "ziploc" bags!
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