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1944 Gold Coin Treasury Memorandum (& other cool stuff)
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<p>[QUOTE="GoldFinger1969, post: 26813777, member: 73489"]Anything is possible, but consider this:</p><ul> <li>The law and Treasury/Mint acknowledge that <span style="color: #0000ff"><b>any premium payment by itself indicates "special numismatic value."</b></span></li> </ul><p> <ul> <li>The courts, Treasury, SS, Mint...all say they are NOT experts in coins or numismatics. They said the folks who deal with them on an everyday basis are the experts. And those experts will <b><span style="color: #0000ff">testify that said coin purchased at a premium has numismatic value and is EXEMPT.</span></b> This was what got Louis Eliasberg into gold coins.</li> </ul><p> <ul> <li><b><span style="color: #0000ff">Treasury may have thought that if the courts gave a split decision, that was no different than a complete loss. </span></b> The Treasury was like a contender for the heavyweight championship fight: they needed a knockout to win.<img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> Split decisions wouldn't lead to blanket prohibitions above the 5-coin limit (which itself may have been repealed directly or indirectly after 1933). Fear of a court loss led the Treasury to accept a split on the 1933 Double Eagle sale in the late 1990's.</li> </ul><p><b>I think we can sometimes parse things too much, Jolumoga.</b> Forget the legal interpretations and court decisions and their fears or hopes in court. <b><span style="color: #0000ff">Treasury told the Secret Service: back off. We're not on solid ground here.</span></b></p><p><br /></p><p>If the price for 99% of the population turning in their gold was to let the 1% keep playing with it....let them play. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 26813777, member: 73489"]Anything is possible, but consider this: [LIST] [*]The law and Treasury/Mint acknowledge that [COLOR=#0000ff][B]any premium payment by itself indicates "special numismatic value."[/B][/COLOR] [/LIST] [LIST] [*]The courts, Treasury, SS, Mint...all say they are NOT experts in coins or numismatics. They said the folks who deal with them on an everyday basis are the experts. And those experts will [B][COLOR=#0000ff]testify that said coin purchased at a premium has numismatic value and is EXEMPT.[/COLOR][/B] This was what got Louis Eliasberg into gold coins. [/LIST] [LIST] [*][B][COLOR=#0000ff]Treasury may have thought that if the courts gave a split decision, that was no different than a complete loss. [/COLOR][/B] The Treasury was like a contender for the heavyweight championship fight: they needed a knockout to win.:D Split decisions wouldn't lead to blanket prohibitions above the 5-coin limit (which itself may have been repealed directly or indirectly after 1933). Fear of a court loss led the Treasury to accept a split on the 1933 Double Eagle sale in the late 1990's. [/LIST] [B]I think we can sometimes parse things too much, Jolumoga.[/B] Forget the legal interpretations and court decisions and their fears or hopes in court. [B][COLOR=#0000ff]Treasury told the Secret Service: back off. We're not on solid ground here.[/COLOR][/B] If the price for 99% of the population turning in their gold was to let the 1% keep playing with it....let them play. :p[/QUOTE]
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