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Langbord case: What are those 1933 Saint-Gaudens double eagles worth?
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<p>[QUOTE="GoldFinger1969, post: 2135851, member: 73489"]Joan Langbord worked for her father Izzy Switt for years....I'm sure she knew about the coins. Her sons, I'm not sure. I've met one of them, he's an entertainment lawyer.</p><p><br /></p><p><br /></p><p>I'm not sure about that. </p><p><br /></p><p>The government may not have been pursuing them, but I wouldn't say they were bought and sold like a 1932 or 1924 Saint.</p><p><br /></p><p><br /></p><p><br /></p><p>But the coin itself was illegal if not properly monetized. NONE of the 445,000 DEs were ever OFFICIALLY released.</p><p><br /></p><p><br /></p><p>That's the rub, Conder. If the government has to prove the coins are stolen, it's game-set-match Langbords. If the Langbord's have to prove they were NOT stolen, game-set-match government.</p><p><br /></p><p>Since the government is the sole possessor/minter of coins...and since the coins were never OFFICIALLY released...and since the exchange policy is mostly hearsay (it's not "beyond a reasonable doubt" certified).....the Langbord's were at a disadvantage. Because the judges/courts had established that if you had possession of such a coin, it was ASSUMED to be stolen.</p><p><br /></p><p>Which I think is wrong.[/QUOTE]</p><p><br /></p>
[QUOTE="GoldFinger1969, post: 2135851, member: 73489"]Joan Langbord worked for her father Izzy Switt for years....I'm sure she knew about the coins. Her sons, I'm not sure. I've met one of them, he's an entertainment lawyer. I'm not sure about that. The government may not have been pursuing them, but I wouldn't say they were bought and sold like a 1932 or 1924 Saint. But the coin itself was illegal if not properly monetized. NONE of the 445,000 DEs were ever OFFICIALLY released. That's the rub, Conder. If the government has to prove the coins are stolen, it's game-set-match Langbords. If the Langbord's have to prove they were NOT stolen, game-set-match government. Since the government is the sole possessor/minter of coins...and since the coins were never OFFICIALLY released...and since the exchange policy is mostly hearsay (it's not "beyond a reasonable doubt" certified).....the Langbord's were at a disadvantage. Because the judges/courts had established that if you had possession of such a coin, it was ASSUMED to be stolen. Which I think is wrong.[/QUOTE]
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