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<p>[QUOTE="Troodon, post: 93121, member: 4626"]At least one is known to exist, owned by a private European collector as of 1993. It is one of two that were owned by the director of the mint at the time; the other was given as a gift to then president Lyndon B. Johnson. (It is not known what became of that one.)</p><p><br /></p><p>They were ordered melted, but only after some mint employees had purchased some, as regualtions at the time allowed them to do, at a limit of 2 each. These were ordered returned, and most did, however it is not legally tested whether the mint has the legal right to order coins returned that were both legally produced and legally sold. Also, it was not tracked how many were purchased and how many were returned. It is possible that some that were purchased by mint employees may still be in their possesion (or their heirs' possesion). Whether they have the legal right to own those coins is a matter of debate... a case could be made that they do, since they were legally produced, and they legally purchased them BEFORE the order to melt those in mint possesion came through. Quite possibly any owners of these coins, if there is in fact any owners of them, are hiding them away not wanting to test the legality of owning them until enough time passes that the mint longer cares to press the issue. However considering how they try to seize 1933 $20 gold pieces, that may be a long time. However that's not quite the same precedent, since they were never legally owned in the first place... any 1964 Peace dollars bought were at least legally owned at the time of the purchase. There's no precendent as to whehter or not the mint can decalre something legally owned no longer legal to own. Probably not, but I'm not sure if anyome wants to risk it in the court or not. So the mystery remains still...</p><p><br /></p><p>Would love to find these. If they in fact exist, they'd probably not be too far from where I live, lol...[/QUOTE]</p><p><br /></p>
[QUOTE="Troodon, post: 93121, member: 4626"]At least one is known to exist, owned by a private European collector as of 1993. It is one of two that were owned by the director of the mint at the time; the other was given as a gift to then president Lyndon B. Johnson. (It is not known what became of that one.) They were ordered melted, but only after some mint employees had purchased some, as regualtions at the time allowed them to do, at a limit of 2 each. These were ordered returned, and most did, however it is not legally tested whether the mint has the legal right to order coins returned that were both legally produced and legally sold. Also, it was not tracked how many were purchased and how many were returned. It is possible that some that were purchased by mint employees may still be in their possesion (or their heirs' possesion). Whether they have the legal right to own those coins is a matter of debate... a case could be made that they do, since they were legally produced, and they legally purchased them BEFORE the order to melt those in mint possesion came through. Quite possibly any owners of these coins, if there is in fact any owners of them, are hiding them away not wanting to test the legality of owning them until enough time passes that the mint longer cares to press the issue. However considering how they try to seize 1933 $20 gold pieces, that may be a long time. However that's not quite the same precedent, since they were never legally owned in the first place... any 1964 Peace dollars bought were at least legally owned at the time of the purchase. There's no precendent as to whehter or not the mint can decalre something legally owned no longer legal to own. Probably not, but I'm not sure if anyome wants to risk it in the court or not. So the mystery remains still... Would love to find these. If they in fact exist, they'd probably not be too far from where I live, lol...[/QUOTE]
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