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Langbord case: What are those 1933 Saint-Gaudens double eagles worth?
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<p>[QUOTE="john59, post: 2135966, member: 73760"]We have to remember that the Langbords lost the original case because of some screw up with the government, it was overturned on appeal. I did not follow the case, but the government's case had to be pretty compelling for 10 people to come up with that decision, that it belonged to the government. What really surprises me the most, the federal government ceases property everyday and they make sure they do the filings properly. Makes you wonder how and why they screwed up on this one. Such a publicized case, not only for coin collectors but the general public. </p><p><br /></p><p>I think the burden of proof would have to fall on the Langbords because if the government said that it was illegal to possess them, they never released them so technically the only way to get them is by stealing them or buying them stolen. I'm not a lawyer but sounds good to me.</p><p><br /></p><p>Why did the government in 1944 said it was illegal to possess and they wanted them back? I'd like to know who made that decision. Maybe someone who researched this a little bit more can tell us? The bottom line is the coins are now out there and can be sold. I don't know if the government has anymore actions to take against them, but only time will tell. As for the price, which I think is what this discussion is about, this will attract collectors and non-collectors. People love to buy the story more than the item. And this has a great story for a book.</p><p><br /></p><p>I'm very sure there are more than 10 people in this world that could pay the $7M dollars easily with no problem. Either to add it to their coin collection or a trophy on their wall.[/QUOTE]</p><p><br /></p>
[QUOTE="john59, post: 2135966, member: 73760"]We have to remember that the Langbords lost the original case because of some screw up with the government, it was overturned on appeal. I did not follow the case, but the government's case had to be pretty compelling for 10 people to come up with that decision, that it belonged to the government. What really surprises me the most, the federal government ceases property everyday and they make sure they do the filings properly. Makes you wonder how and why they screwed up on this one. Such a publicized case, not only for coin collectors but the general public. I think the burden of proof would have to fall on the Langbords because if the government said that it was illegal to possess them, they never released them so technically the only way to get them is by stealing them or buying them stolen. I'm not a lawyer but sounds good to me. Why did the government in 1944 said it was illegal to possess and they wanted them back? I'd like to know who made that decision. Maybe someone who researched this a little bit more can tell us? The bottom line is the coins are now out there and can be sold. I don't know if the government has anymore actions to take against them, but only time will tell. As for the price, which I think is what this discussion is about, this will attract collectors and non-collectors. People love to buy the story more than the item. And this has a great story for a book. I'm very sure there are more than 10 people in this world that could pay the $7M dollars easily with no problem. Either to add it to their coin collection or a trophy on their wall.[/QUOTE]
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Langbord case: What are those 1933 Saint-Gaudens double eagles worth?
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