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33 Double Eagle at the Federal Reserve in NY?
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<p>[QUOTE="Troodon, post: 443943, member: 4626"]Precisely... the issue is a property matter. By default, the last possesor who can prove ownership is by default the legal owner, which in this case would be the government. The Switts' dispute hinges on the fact the government never proved a theft of the coins, but that doesn't matter. The burden of proof, if they hope to get the coins back, is to prove that the ownership had legally been transferred somehow from the government to Israel Switt. There are some that theorize it was possible to get them from the cashier's window at the Philadelphia Mint... if they can prove that, that's probably their only hope of getting them back.</p><p><br /></p><p>In the Farouk case the argument was that since the government issued a export license for the coin, it could be argued that the government conceded that they no longer owned it. That argument might have worked (but since the matter was settled out of court, it was never legally tested).[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 443943, member: 4626"]Precisely... the issue is a property matter. By default, the last possesor who can prove ownership is by default the legal owner, which in this case would be the government. The Switts' dispute hinges on the fact the government never proved a theft of the coins, but that doesn't matter. The burden of proof, if they hope to get the coins back, is to prove that the ownership had legally been transferred somehow from the government to Israel Switt. There are some that theorize it was possible to get them from the cashier's window at the Philadelphia Mint... if they can prove that, that's probably their only hope of getting them back. In the Farouk case the argument was that since the government issued a export license for the coin, it could be argued that the government conceded that they no longer owned it. That argument might have worked (but since the matter was settled out of court, it was never legally tested).[/QUOTE]
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