Will this give them a open door to take are old Gold.

Type2

Just reding this and started to think.

lasvegasteddy

that truly doesn't make for happy reading material by any means....politicians can be scary looking at that...as what are they up to???

Frankcoins

The bill will protect collectors from the government claiming that coins issued before 1933, particularly patterns, 1913 Liberty nickels, etc "must have been stolen"

Steve27

"Will this give them a open door to take are old Gold."

No, the opposite would be true. Coins such as 33 Saints, 64-D Peace Dollars, and 74 aluminum cents would still be subject to seizure, but every coin/medal/pattern dated prior to 33 would be legal to own.

Hugegut

Looks like the bill is just meant to clear up the legal status of certain coins like the 1933 double eagle. I wouldn't expect that they'll be coming after our Barber quarters anytime soon.

Horizon

MacCrimmon

<< <i>Looks like the bill is just meant to clear up the legal status of certain coins like the 1933 double eagle. I wouldn't expect that they'll be coming after our Barber quarters anytime soon. >>




ex post facto, eh?

RWB

The purpose of the bill is to clearly state in law that all US coins made before a certain date, including patterns and questionable items, are legal to own. That will prevent any future treasury official from doing what directors Andrew or Kimball tried to do in confiscating pattern coins.

It has absolutely nothing to do with “taking” anything.

Items made after the date in the bill remain questionable, although it would be tough for Treasury to prosecute anyone for 1942 patterns, 1964 dollars and other pieces that have been ignored for generations. In fact, no legal action has been taken against any such coin or related item except the 1933 $20.