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"Illegal" coin deal involving the world's most valuable coin?
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<p>[QUOTE="Conder101, post: 791553, member: 66"]Mark is right on that. Back then they were considered to be coins when they were delivered by the coiner. They di not have to be sent to the Fed to become "monitized" and some of the new coins were commonly sent to the Mint's or the Treasury's "Cash window" where they could be exchanged for older coins by the general public. From my understanding some of the 33 double eagles WERE in the Cash window office during the window of opportunity when gold could not be paid out for paper but could exchanged for other gold, and the time about two weeks later when the paying out of gold for any reason was forbidden.</p><p><br /></p><p>The question is how were the records kept in the cash window? Did they record the date and mint of the coins paid out, or just the amount so the books balanced? Are these record books available? If they are missing or if they just record amounts then that could give the benefit of doubt that the coins were acquired legally. Then the government would have to PROVE that the coins were stolen.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 791553, member: 66"]Mark is right on that. Back then they were considered to be coins when they were delivered by the coiner. They di not have to be sent to the Fed to become "monitized" and some of the new coins were commonly sent to the Mint's or the Treasury's "Cash window" where they could be exchanged for older coins by the general public. From my understanding some of the 33 double eagles WERE in the Cash window office during the window of opportunity when gold could not be paid out for paper but could exchanged for other gold, and the time about two weeks later when the paying out of gold for any reason was forbidden. The question is how were the records kept in the cash window? Did they record the date and mint of the coins paid out, or just the amount so the books balanced? Are these record books available? If they are missing or if they just record amounts then that could give the benefit of doubt that the coins were acquired legally. Then the government would have to PROVE that the coins were stolen.[/QUOTE]
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