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DanesterAdvanced Member
Posts: 176 Joined: 18 Aug 2005 Location: Las Vegas, NV
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Posted: Wed Jul 20, 2011 9:49 pm |
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DanesterAdvanced Member
Posts: 176 Joined: 18 Aug 2005 Location: Las Vegas, NV
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Posted: Wed Jul 20, 2011 10:08 pm |
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Jul 12, 2011 Video ----
Gold coin dealer Arthur Blumenthal on the government’s efforts to take back 1933 Double-Eagle gold coins from a family in Philadelphia.
http://video.foxbusiness.com/v/1048907572001/government-gold-grab
_________________ The Danester
"Research is what I do when I don't know what I doing" - Wernher Von Braun
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Wed Jul 20, 2011 10:38 pm |
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I wonder if the legal fight will still continue with appeals?
Don't ever turn a coin over to the government to verify if it's real!
They might say "yes it's real and it's ours"
_________________ Ed
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smedSenior Member
Posts: 624 Joined: 21 Oct 2003 Location: Zephyrhills Florida
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Posted: Thu Jul 21, 2011 4:40 am |
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What a load of crap. Talk about a miscarriage of justice. There was a 10(?) day window in which someone could've gotten 1933 eagles from the mint. WTF happened to that??
_________________ Life Member American Numismatic Association (ANA), Pensacola Numismatic Society
Life Member American Veterans (AmVets), Veterans of Foreign Wars (VFW), Fleet Reserve Association (FRA)
Member Loyal Order of Moose
Member American Legion
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DickExpert Member
Posts: 5780 Joined: 21 Sep 2006 Location: Rialto, CA.
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Posted: Fri Jul 22, 2011 2:53 pm |
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Some "A-hole" in congress found it, and figured out a way to close it?
_________________ " Deja Moo: The feeling that you've heard this bull before".
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GarryNExpert Member
Posts: 1296 Joined: 09 Jul 2003 Location: Chicago
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Posted: Fri Jul 22, 2011 4:19 pm |
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I hope the government has enough sense to distribute the coins to various museums, instead of melting them.
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eagamesExpert Member
Posts: 3013 Joined: 15 Nov 2005
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Posted: Fri Jul 22, 2011 5:01 pm |
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They spent millions of tax dollars and tied up a courts time forever to take the coins from someone that would have had to pay millions in taxes and commissions to auctions (that also pay taxes).
So now if the gov does not sell some of the coins to raise money to repay the taxpayers then the whole thing was a boondoggle.
I think they should put 1-2 in museums and sell the rest in a 10 million a shot GSA sale.
_________________ Ed
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GarryNExpert Member
Posts: 1296 Joined: 09 Jul 2003 Location: Chicago
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Posted: Mon Jul 25, 2011 9:11 am |
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I like your idea better, Ed. The irony would be difficult to comprehend. But it would be a great idea.
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