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<p>[QUOTE="superc, post: 1823970, member: 44079"]Okay, what I heard. A few decades ago some experimental aluminum coins were sent to selected members of Congress for exam. About 14 of them suddenly got lost before being returned. For years that was considered a myth coin. Then one day a relative of someone who used to be a US Capital Bldg. Police Officer (read guard/ no insult intended) turned one over to numismatic people for exam. Yup, one of the missing coins.</p><p><br /></p><p>What I speculate. Talk to other folks who worked in the Capital Bldg when those coins inexplicably vanished, janitors, guards, file clerks, etc. you may find more of the missing aluminum coins.</p><p><br /></p><p>I worked with Brinks for awhile back in the 70s. I know we brought a lot of bags of silver coins from the Federal Reserve Banks to strange places (Emergency War Reserves). West Point Depository was just the tip of the places we brought silver and gold to for hiding in Secret vaults.</p><p><br /></p><p>Much more recently I have been inside the DC mint complex (where paper is printed). They have occasional internal theft problems there too (especially during the Crack era of the 90s, all DC area govt. buildings did). </p><p><br /></p><p>In 1964 the Heroin epidemic years hadn't really begun yet. Most lower level mint employees back then were probably still innocent and super honest.</p><p><br /></p><p>So I doubt they would have taken the 64 Peace coins. 300,000 or not. </p><p><br /></p><p>Would a higher level mint employee lie about them being melted if they were being shunted off to a Secret reserve fund to be broken out after a nuclear attack? Sure, why not? </p><p><br /></p><p>Is that those coins proable fate? Nah. Much easier to just melt the 64 Peace dollars back down into new Kennedy halves or quarters or some such and ship bags of CC Dollars to the War Reserve Vaults controlled by the FPA (an ancestor of FEMA) which was itself controlled by the GSA. </p><p><br /></p><p>GSA sold off a lot of what had been stored in their FPA vaults. Is there still any such thing as an Emergency War Reserve Program? Probably. Are there still silver dollars sitting in it? I doubt it. It is much more probable you are looking at 400 Troy ounce ingots and Silver Eagle bullion coins. I am not sure, but if there was the kind of crisis that required the releasing of vaulted silver supplies into trade of some kind, would not the surviving public be more comforted by seeing new bullion rounds rather than by old silver dollars?</p><p><br /></p><p>Hey, maybe I am 1,000% wrong and in 2015 GSA announces the release of 'just discovered' 1964 Peace dollars to be sold at auction. Relax. You will be able to afford them. All 9 of them. I say 9 because the release would probably take the exact shape and format of the last release of Carson City Morgan Dollars.</p><p><br /></p><p>Hmm, actually, I consider it more probable that if a sudden auction of 'newly discovered' dollar coins happens, they will probably be Peace Dollars from the 1920s and 30s, not the mythical 1964s.[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1823970, member: 44079"]Okay, what I heard. A few decades ago some experimental aluminum coins were sent to selected members of Congress for exam. About 14 of them suddenly got lost before being returned. For years that was considered a myth coin. Then one day a relative of someone who used to be a US Capital Bldg. Police Officer (read guard/ no insult intended) turned one over to numismatic people for exam. Yup, one of the missing coins. What I speculate. Talk to other folks who worked in the Capital Bldg when those coins inexplicably vanished, janitors, guards, file clerks, etc. you may find more of the missing aluminum coins. I worked with Brinks for awhile back in the 70s. I know we brought a lot of bags of silver coins from the Federal Reserve Banks to strange places (Emergency War Reserves). West Point Depository was just the tip of the places we brought silver and gold to for hiding in Secret vaults. Much more recently I have been inside the DC mint complex (where paper is printed). They have occasional internal theft problems there too (especially during the Crack era of the 90s, all DC area govt. buildings did). In 1964 the Heroin epidemic years hadn't really begun yet. Most lower level mint employees back then were probably still innocent and super honest. So I doubt they would have taken the 64 Peace coins. 300,000 or not. Would a higher level mint employee lie about them being melted if they were being shunted off to a Secret reserve fund to be broken out after a nuclear attack? Sure, why not? Is that those coins proable fate? Nah. Much easier to just melt the 64 Peace dollars back down into new Kennedy halves or quarters or some such and ship bags of CC Dollars to the War Reserve Vaults controlled by the FPA (an ancestor of FEMA) which was itself controlled by the GSA. GSA sold off a lot of what had been stored in their FPA vaults. Is there still any such thing as an Emergency War Reserve Program? Probably. Are there still silver dollars sitting in it? I doubt it. It is much more probable you are looking at 400 Troy ounce ingots and Silver Eagle bullion coins. I am not sure, but if there was the kind of crisis that required the releasing of vaulted silver supplies into trade of some kind, would not the surviving public be more comforted by seeing new bullion rounds rather than by old silver dollars? Hey, maybe I am 1,000% wrong and in 2015 GSA announces the release of 'just discovered' 1964 Peace dollars to be sold at auction. Relax. You will be able to afford them. All 9 of them. I say 9 because the release would probably take the exact shape and format of the last release of Carson City Morgan Dollars. Hmm, actually, I consider it more probable that if a sudden auction of 'newly discovered' dollar coins happens, they will probably be Peace Dollars from the 1920s and 30s, not the mythical 1964s.[/QUOTE]
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