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Langbord case: What are those 1933 Saint-Gaudens double eagles worth?
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<p>[QUOTE="Conder101, post: 2135741, member: 66"]The coins belong to the government because Izzy had more of them??? And how old are the Langbords? The mid 40's was 70 years ago. Did the Langbords really know anything about them back then?</p><p><br /></p><p><br /></p><p>By who and when? From 1933 to 1944 they were considered legal by the collecting public ad were openly bought and sold, even advertised. When one was sold to an over seas buyer they though nothing of applying for the legally required export license and it was granted. It wasn't until 1944 that the government suddenly decided they were illegal. And then the only people that thought they were illegal was the government, the same people who had said that all of them were accounted for and that none were missing.</p><p><br /></p><p><br /></p><p>Ownership of more the five oz of gold was illegal unless you were a licensed dealer in gold, which Izzy was.) Yes ownership of numismatic gold was legal and the order defined that as any coins struck before April 5, 1933. The 1933 DE were struck beginning in March so they qualified.</p><p><br /></p><p><br /></p><p>The question to that is WHY would the burden of proof be on them? If you are accused of having stolen something, you are innocent until proven guilty. The burden of proof is supposed to be on the accusers. The Langbords have shown that there WERE ways the coins could have been acquired legally. The government has not shown that Izzy DIDN'T use one of those methods. They just keep saying "we didn't release them".</p><p><br /></p><p><br /></p><p><b><i>No one would, which was why no one fought them back then when the government confiscated the coins in the mid 40's. Now today they try to use the fact that no one fought them as "proof" that they knew they were illegal and that they were stolen.</i></b>[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 2135741, member: 66"]The coins belong to the government because Izzy had more of them??? And how old are the Langbords? The mid 40's was 70 years ago. Did the Langbords really know anything about them back then? By who and when? From 1933 to 1944 they were considered legal by the collecting public ad were openly bought and sold, even advertised. When one was sold to an over seas buyer they though nothing of applying for the legally required export license and it was granted. It wasn't until 1944 that the government suddenly decided they were illegal. And then the only people that thought they were illegal was the government, the same people who had said that all of them were accounted for and that none were missing. Ownership of more the five oz of gold was illegal unless you were a licensed dealer in gold, which Izzy was.) Yes ownership of numismatic gold was legal and the order defined that as any coins struck before April 5, 1933. The 1933 DE were struck beginning in March so they qualified. The question to that is WHY would the burden of proof be on them? If you are accused of having stolen something, you are innocent until proven guilty. The burden of proof is supposed to be on the accusers. The Langbords have shown that there WERE ways the coins could have been acquired legally. The government has not shown that Izzy DIDN'T use one of those methods. They just keep saying "we didn't release them". [B][I]No one would, which was why no one fought them back then when the government confiscated the coins in the mid 40's. Now today they try to use the fact that no one fought them as "proof" that they knew they were illegal and that they were stolen.[/I][/B][/QUOTE]
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