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<p>[QUOTE="GDJMSP, post: 1343806, member: 112"]Did you read the article ? The ownership of these coins, and prior sales, is well known and documented for the past 50 years. And for the more expensive of the coins being discussed there are 11 other examples - and they know where all 11 of them are. Six are in museums, 5 others are in private hands. But none of those coins have been seized. None of those owners have been detained (put in jail) by authorities ? Why not ?</p><p><br /></p><p>The only reason this happened and happened now is because it happened in the US. They knew where the coins would be, have known it for months. And they knew that the US authorities would bow to their wishes because of pressure from the State Dept.</p><p><br /></p><p>This whole thing stinks, the whole idea stinks !</p><p><br /></p><p>If they decided to do so, by using the exact same principle that is being used now, any coin of any foreign country, owned by any US collector, could be seized and confiscated; regardless of provenance and regardless of proof of ownership. You could trace the lawful owners back over a 100 years and they could still confiscate the coin. Does anything about that strike you as being right, being fair, being lawful ?</p><p><br /></p><p>Take this coin for instance - </p><p><br /></p><p>[ATTACH]155067.vB[/ATTACH]</p><p><br /></p><p>[ATTACH]155068.vB[/ATTACH]</p><p><br /></p><p>I used to own that coin. I bought it completely legally from a dealer in California. And he bought it legally from another private party, who bought it legally from another private party. Ownership, legal ownership, went back for many years.</p><p><br /></p><p>But that coin was struck by the French govt. in 1364. It was designed and struck specifically to pay the ransom for the French King Jean le Bon who had been captured by the Black Prince of England in battle, during the 100 Years War. It is the single finest example known to exist.</p><p><br /></p><p>Now that coin is drenched in history, it drips history ! And based on the exact same principles being used to seize these other coins, if the French govt, decided today that they wanted that coin back, they could order US authorities to go and seize it, confiscate it from its rightful owner. And all because the French govt. wanted their piece of history back.</p><p><br /></p><p>Now do you think that's right ? I'm sorry, but I sure as heck don't.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 1343806, member: 112"]Did you read the article ? The ownership of these coins, and prior sales, is well known and documented for the past 50 years. And for the more expensive of the coins being discussed there are 11 other examples - and they know where all 11 of them are. Six are in museums, 5 others are in private hands. But none of those coins have been seized. None of those owners have been detained (put in jail) by authorities ? Why not ? The only reason this happened and happened now is because it happened in the US. They knew where the coins would be, have known it for months. And they knew that the US authorities would bow to their wishes because of pressure from the State Dept. This whole thing stinks, the whole idea stinks ! If they decided to do so, by using the exact same principle that is being used now, any coin of any foreign country, owned by any US collector, could be seized and confiscated; regardless of provenance and regardless of proof of ownership. You could trace the lawful owners back over a 100 years and they could still confiscate the coin. Does anything about that strike you as being right, being fair, being lawful ? Take this coin for instance - [ATTACH]155067.vB[/ATTACH] [ATTACH]155068.vB[/ATTACH] I used to own that coin. I bought it completely legally from a dealer in California. And he bought it legally from another private party, who bought it legally from another private party. Ownership, legal ownership, went back for many years. But that coin was struck by the French govt. in 1364. It was designed and struck specifically to pay the ransom for the French King Jean le Bon who had been captured by the Black Prince of England in battle, during the 100 Years War. It is the single finest example known to exist. Now that coin is drenched in history, it drips history ! And based on the exact same principles being used to seize these other coins, if the French govt, decided today that they wanted that coin back, they could order US authorities to go and seize it, confiscate it from its rightful owner. And all because the French govt. wanted their piece of history back. Now do you think that's right ? I'm sorry, but I sure as heck don't.[/QUOTE]
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