It Ain't Over Till It's Over. Final Chapter?

Soon to be released the security pics of the transactions that took place at the Philly Mint's cashier's counter.

 

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To me this is, and has been all senseless . The U.S. government states the coins were never released . 10 coins show up decades later. The U.S. government said give us the coins to examine and see if they are real. No matter the out come the mint can just say these 10 gold coins are not legal tender. At that point it's over. As who would want to pay millions for a coin in limbo?
This case is far from over,and I believe there had to be some sort of larceny in the first place. That said the coins belong to "We the people" , not "Me the family ."
I understand most here are in favor of the family winning the case, I for one am not! I'm also not in favor of the 1974 aluminum cent or any other property never issued by the government being in public hands for reaping high dollar benefits .

 

If the Cashier knew Izzy he might have even informed him "Hey I've got some of the new 1933 double eagles down at the Cashiers window available for exchange." And there would't be anything wrong because exchange of gold for gold was acceptable at the time.

The government did not request the Langbords give them the coins to examine. The Langbords requested that the Mint examine them and determine if they were real. Once they were in the Mints hands THEN the government confiscated them.

 

They should have sent them to pcgs not the mint.

 

That would have been interesting. The court would have to get PCGS to give up the owner of the coins. Next the court would have to get them from the family. They could have confiscated all safety deposit boxes in the family name. Wonder what else might be there? It's possible the family talked with PCGS or NGC before going the direction they did. I would have. I figured the family sent them to the mint to get the battle over with as soon as possible. Crazy stuff.

 

No the government did not request the coins you are correct , however yes the coins to had to be examined by the government to determined if they were real.
What everyone fails to see is the fact Izzy knew that the ten coin were real and the coins were not legal tender.
No one here in this forum could convince me ,or a jury that after all the hype over the years from 1933 to date,and before his passing that Izzy did not know what he had.
You can't convince me you don't know if you have a 1916 D dime,an 1909 s vdb,An 1893 s. All key coins and if you had them in your procession,or in your collection you would know it.
Izzy knew he had 10 gold coins that were never issued .
Why he kept them all his living years ,and them passed them on no will ever know. I believe his thoughts were that he would never see the benefits, but by this time the hype would die down. Then his family could reap the benefits and all would be forgotten . Well 10 plus years after his passing ,and this still goes on even though a jury found in the favor of the rightful owners. The people of the United States!

 

If it was me I would have walked them into pcgs and then walked them out same day. No way pcgs would say no to grading them all same day.

 

That would have been a error. The family is playing the game right at least there lawyers they were not trying to sell stolen property only want to know if they were real. They know the government would keep them and the court case begins if they win it's millions for every one of them well worth the fight
I don't think they would have walk out of PCGS with 10 slabed coins

 

Let's agree to disagree.

 

What loophole was used to make the King Farouk specimen legal to own?

 

Hey, Ken--
Gimme back that $100 that you stole from me!

I know you took it, you have one in that hand there.

Whadda ya mean, it isn't mine.

I know it is, since I never told you that you could have one.

Huh?

You got it from the bank, over the counter? Time, date and serial number please?

Also, do you have it on tape?

What?

Can't be! You say they didn't have recording then?

Well, that is proof enough!

It is mine!

gimmie it!

No, the bank is not short $100, and neither am I. Who cares, since I never said you could have one, then you must have stolen it! Proof enough.

period, end of sentence.

Mine!

 

That is easy, a long story, but someone screwed up and he (Farouk) got an export license for it.

One goberment official can't say OKAY and the other no!

Even if neither knows what is going on

 

You think PCGS would have slabed the coins ?

 

I think at a minimum they could have told them if they were real or not. Besides it is not pcgs who enforces the law. Pcgs grades coins. I think they would have certified them for the propaganda value alone.

 

How could they be stolen and nothing known of the theft till years after the event?

I mean gold has always been a precious metal and I am sure that inventory would have been taken and heaven help some cashier who was pocketing gold coins.

So if the inventory was missing ten double eagles back in 1933 it would have been caught then.

Splain please.

 

My points exactly!

that many ounces of gold are just a write off?

 

[/quote]How could they be stolen and nothing known of the theft till years after the event?[/quote]

It isn't "known" yet. The inventory ISN'T missing ten double eagles, according to their records they aren't missing any 1933 double eagles. (Although they DID find they were missing a bag of 1928 double eagles.)