Heirs Lose Fight With Gov't to Keep Rare Gold Coins
A jury has decided that a set of rare gold coins found in a bank deposit box rightfully belongs to the U.S. government.
The decision, made on Wednesday, caps an unusual civil case that combined history, coin collecting and whether the set of rare $20 "double eagles" should have ever let the U.S. Mint in 1933.
Federal prosecutors had asserted that the coins never circulated when the country went off the gold standard. Most of the batch was instead melted down.
But Joan Langbord, the daughter of a Philadelphia jeweler, said she found the 10 coins in her father's bank deposit bank after he died.
She said that her father could have acquired them legally, perhaps through a trade of gold scrap.
One 1933 double eagle sold for $7.6 million in 2002.
Copyright Associated Press
Comment
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Comment by oldkingclue on July 24, 2011 at 12:58pm
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That is so sad. We need a change in Government. Were the everyday people run the world not the rich f_ckers.
I smell a possible revolution cooking soon how long can we go on this way?
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Comment by arisuta2 on July 23, 2011 at 8:29pm
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Makes me sick to my stomach the way the only lawful theft is that carried out by OUR servants. Rotting in hell sounds a bit soft on these bastards.
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Comment by krys on July 23, 2011 at 7:45pm
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I don't think it was fair & the people on the jury were prolly paid or threatened if they didn't vote to take them. I put nothing past this government to do what they want when they want.
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