Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
1964 peace dollar
>
Reply to Thread
Message:
<p>[QUOTE="KLJ, post: 59638, member: 1910"]There was one in August 2004 issue of the <i>Numismatist</i>.</p><p><br /></p><p><br /></p><p>Because they've traded hands unimpeded several times without Federal intervention, the government would have a hard time making a case to reclaim those coins, but the circumstances of their creation and/or dispersal are questionable.</p><p><br /></p><p><br /></p><p>Assuming the Mint sold (or traded) the coins to Mint employees, that is a legal transaction. The coins were released. Just because the Mint wants to recall them doesn't mean they can, legally. A car dealer can't come and take back the Ford Edsel you bought simply because Ford changed their mind on the car. However, the Federal Government could make your life very difficult if you don't bend to their will. In many ways, that's exactly what happened with the 1933 Double Eagles. The government just kept taking them back until somebody had the brass, and the paperwork, to tell them to stick it.</p><p> </p><p><br /></p><p>Yes. The real question is, do you have the brass, paperwork, and patience to tell them to stick it?[/QUOTE]</p><p><br /></p>
[QUOTE="KLJ, post: 59638, member: 1910"]There was one in August 2004 issue of the [I]Numismatist[/I]. Because they've traded hands unimpeded several times without Federal intervention, the government would have a hard time making a case to reclaim those coins, but the circumstances of their creation and/or dispersal are questionable. Assuming the Mint sold (or traded) the coins to Mint employees, that is a legal transaction. The coins were released. Just because the Mint wants to recall them doesn't mean they can, legally. A car dealer can't come and take back the Ford Edsel you bought simply because Ford changed their mind on the car. However, the Federal Government could make your life very difficult if you don't bend to their will. In many ways, that's exactly what happened with the 1933 Double Eagles. The government just kept taking them back until somebody had the brass, and the paperwork, to tell them to stick it. Yes. The real question is, do you have the brass, paperwork, and patience to tell them to stick it?[/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
>
Coin Forums
>
US Coins Forum
>
1964 peace dollar
>
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...