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Message:: [QUOTE="CamaroDMD, post: 1942278, member: 5233"]My understanding is this...and they used the word "monetize" to define what they did.  I don't want to argue semantics.  That is the word they used when the coin was sold in 2002. Because the coin was never issued, it was not legal tender.  It has nothing to do with the intrinsic value of the metal.  It has more to do with the Federal Government ledger being out of balance (I agree, it's dumb because of our Trillions of dollars of debt to worry about $20).  But, their view was $20 was stolen from the US government.  Because it was stolen, it technically was not issued legal tender.  In the eyes of the US Government the coin had no legal tender value.  When the coin was sold, it was demanded by the US Government that the buyer compensate the government for that stolen face value.  By doing so, the coin would become legal tender. Again, that had nothing to do with the intrinsic value of the piece but it was about the legal tender status according to the US Government.  Was it stupid and petty...yes.  But, that is what they did. You can argue with me until you are blue in the face over intrinsic value and semantics...but this is what happened.[/QUOTE]