Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
1964-D Peace Dollar $10,000.00 Reward
>
Reply to Thread
Message:
<p>[QUOTE="Caleb, post: 1686107, member: 32795"]<font face="Times New Roman"><font size="3"><span style="color: #000000">A little history lesson:</span></font></font></p><p><br /></p><p><font face="Times New Roman"><font size="3"><span style="color: #000000">Article 1 Section 8 of the US Constitution gives the power to Congress to among other things:</span></font></font></p><p><font size="3"><span style="color: #000000"><font face="Times New Roman">“To <span style="color: windowtext">coin</span> Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.”</font></span></font></p><p><br /></p><p><font size="3"><span style="color: #000000"><font face="Times New Roman">With the passage of the “Coinage Act of 1965” in September 1965, Congress who has the constitution authority to coin money and regulate it’s value, basically monetized all coins that the United States ever minted before it’s enactment under Section 102:</font></span></font></p><p><br /></p><p><font size="3"><span style="color: #000000"><font face="Times New Roman">“All coins and currencies of the United States, regardless of when coined or issued, shall be legal tender for all debts, public and private.....”</font></span></font></p><p><br /></p><p><font face="Times New Roman"><font size="3"><span style="color: #000000">By Congress adding the verbiage “regardless of when coined or issued” (notice that they used the word “or”, not “and”) meant that Congress was going to finial recognize (monetize) the half cent, trade dollars and any other planchets that the US mint struck over the years that has a face value including Patterns.</span></font></font></p><p><br /></p><p><font face="Times New Roman"><font size="3"><span style="color: #000000">Why the Langbords’ attorney didn’t use the “Coinage Act of 1965” when the Government claimed that the coins in question were never monetized is anyone’s guess. I guess there is a reason why attorneys are not “rocket scientist” or “brain surgeons”. </span></font></font>[/QUOTE]</p><p><br /></p>
[QUOTE="Caleb, post: 1686107, member: 32795"][FONT=Times New Roman][SIZE=3][COLOR=#000000]A little history lesson:[/COLOR][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][COLOR=#000000]Article 1 Section 8 of the US Constitution gives the power to Congress to among other things:[/COLOR][/SIZE][/FONT] [SIZE=3][COLOR=#000000][FONT=Times New Roman]“To [COLOR=windowtext]coin[/COLOR] Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.”[/FONT][/COLOR][/SIZE] [SIZE=3][COLOR=#000000][FONT=Times New Roman]With the passage of the “Coinage Act of 1965” in September 1965, Congress who has the constitution authority to coin money and regulate it’s value, basically monetized all coins that the United States ever minted before it’s enactment under Section 102:[/FONT][/COLOR][/SIZE] [SIZE=3][COLOR=#000000][FONT=Times New Roman]“All coins and currencies of the United States, regardless of when coined or issued, shall be legal tender for all debts, public and private.....”[/FONT][/COLOR][/SIZE] [FONT=Times New Roman][SIZE=3][COLOR=#000000]By Congress adding the verbiage “regardless of when coined or issued” (notice that they used the word “or”, not “and”) meant that Congress was going to finial recognize (monetize) the half cent, trade dollars and any other planchets that the US mint struck over the years that has a face value including Patterns.[/COLOR][/SIZE][/FONT] [FONT=Times New Roman][SIZE=3][COLOR=#000000]Why the Langbords’ attorney didn’t use the “Coinage Act of 1965” when the Government claimed that the coins in question were never monetized is anyone’s guess. I guess there is a reason why attorneys are not “rocket scientist” or “brain surgeons”. [/COLOR][/SIZE][/FONT][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
1964-D Peace Dollar $10,000.00 Reward
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...