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<p>[QUOTE="KLJ, post: 124053, member: 1910"]The headline of the article appears rather deceptive. In my reading of the entire article, it's only talking about coins already minted (i.e 1933 Double Eagles, 1974 Aluminum cents, 1913 Liberty Head nickels, and, if they do in fact still exist, 1964D Peace Dollars, just to name a few). They're not going to start re-minting 1804 dollars or making copies, or anything like that. The "Duplicate Rarities" it refers to are, I believe, extra copies of certain coins the Government already possesses. For example, the government has in its possesion right now 12 1933 Double Eagles. If it's determined that they actually "own" all 12, then this Bill would require them to auction off all the extras, after determination is made they have "enough" for the NNC. But what is "enough" for their collection? Do they need an example of each die variety? And who would make the decisions?</p><p><br /></p><p><br /></p><p>I would agree. But I think what Congressman Lucas is trying to do is clear up the legal uncertainties of the ownership of certain questionable coins. As a numismatist himself, I believe he's trying to write the bill in such a way to be as advantageous to the numismatic community as he can. I tried to find the bill on the House website, but could not, so I can't comment on the exact requirements of the proposal. All I have is the CW article.[/QUOTE]</p><p><br /></p>
[QUOTE="KLJ, post: 124053, member: 1910"]The headline of the article appears rather deceptive. In my reading of the entire article, it's only talking about coins already minted (i.e 1933 Double Eagles, 1974 Aluminum cents, 1913 Liberty Head nickels, and, if they do in fact still exist, 1964D Peace Dollars, just to name a few). They're not going to start re-minting 1804 dollars or making copies, or anything like that. The "Duplicate Rarities" it refers to are, I believe, extra copies of certain coins the Government already possesses. For example, the government has in its possesion right now 12 1933 Double Eagles. If it's determined that they actually "own" all 12, then this Bill would require them to auction off all the extras, after determination is made they have "enough" for the NNC. But what is "enough" for their collection? Do they need an example of each die variety? And who would make the decisions? I would agree. But I think what Congressman Lucas is trying to do is clear up the legal uncertainties of the ownership of certain questionable coins. As a numismatist himself, I believe he's trying to write the bill in such a way to be as advantageous to the numismatic community as he can. I tried to find the bill on the House website, but could not, so I can't comment on the exact requirements of the proposal. All I have is the CW article.[/QUOTE]
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