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Legal eagles, numismatists, et al

JulianJulian Posts: 3,370 ✭✭✭
Since Uncle blinked on the 1933 $20, how much money would it take to successfully challenge the concept that Uncle can say what, in numismatics, is illegal. I am only talking about mint struck coinage, and now that I think about it currency as well, not counterfeit items, which I do agree should be illegal to sell as real, but may be sold as numismatically collectible counterfeits.
PNG member, numismatic dealer since 1965. Operates a retail store, also has exhibited at over 1000 shows.
I firmly believe in numismatics as the world's greatest hobby, but recognize that this is a luxury and without collectors, we can all spend/melt our collections/inventories.

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Comments

  • tradedollarnuttradedollarnut Posts: 20,162 ✭✭✭✭✭
    Successfully? No amount of money could guarantee success. To have a shot? $500k. To have a good shot? $2M

    Only the other 1933 $20's and maybe the 1964-D Peace dollars would be worth it.
  • Interesting question. I firmly believe that the lawsuit on the 33 and 64 could be won, were the right evidence presented. Unfortunately, your opponent would be as much the judge as the plaintiff as they work for the same person. It would take a good lawyer and some cash...
    It would be exciting to keep up with though...
  • coinkatcoinkat Posts: 23,451 ✭✭✭✭✭
    Good question without good answers. The expense would vary based on the circumstances. If there is a legal question without a factual dispute, perhaps the matter could be resolved by a well written summary judgement motion. The problem is that the loser would appeal but the appeal may take years to conclude. It would be hard to budget for such a case.

    Experience the World through Numismatics...it's more than you can imagine.

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