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Heirs Lose Fight With Gov't to Keep Rare Gold Coins
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<p>[QUOTE="C Jay, post: 1229114, member: 13184"]The coins went out the gold exchange window, where they you could exchange gold for gold. If you go to a bank and exchange two $10.00s for a $20.00, no one hands you a receipt or bill of sale At the end of the day, you count cash in and cash out. No one keeps records of which version of $20.00 bills are in the till or how many. The till balanced and no one ever reported a theft. At this time, a twenty dollar St. Gaudiens was $20.00. The question no one seems to answer is, how that particular year wound up in the till at the exchange window. I doubt the cashiers at the mint go to the vault and set their own tills. The only thing that makes this look shady, is that all the coins can be traced to one outside party, the cashier and his pawn broker. This all goes back to the age old question of, if a cashier sees a coin in their till that may be of some value, can they exchange it for one of their own.</p><p><br /></p><p>PS; you can check out numerious threads on that question.[/QUOTE]</p><p><br /></p>
[QUOTE="C Jay, post: 1229114, member: 13184"]The coins went out the gold exchange window, where they you could exchange gold for gold. If you go to a bank and exchange two $10.00s for a $20.00, no one hands you a receipt or bill of sale At the end of the day, you count cash in and cash out. No one keeps records of which version of $20.00 bills are in the till or how many. The till balanced and no one ever reported a theft. At this time, a twenty dollar St. Gaudiens was $20.00. The question no one seems to answer is, how that particular year wound up in the till at the exchange window. I doubt the cashiers at the mint go to the vault and set their own tills. The only thing that makes this look shady, is that all the coins can be traced to one outside party, the cashier and his pawn broker. This all goes back to the age old question of, if a cashier sees a coin in their till that may be of some value, can they exchange it for one of their own. PS; you can check out numerious threads on that question.[/QUOTE]
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