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What will now happen to the 10 1933 Double Eagles that have been tied up in court?
291fifth
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Is another long, drawn out process about to begin?
All glory is fleeting.
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There seems to be nobody with common sense in this whole process. instead of getting everyone around a table and making a deal, everyone who is involved wants it all. "Deal made... Fedex just picked up the shipment to HA and a special auction is to follow tomorrow". Seems to me a 2/3 Langfor 1/3 gov. would be a very fair deal.
Now, it is settled, more coffee please, some danish and, most important some Champagne to celebrate the deal. And a hand shake and a clap on the shoulder for anyone.
I take 5% mediators commission. thank you.
Just wondering what the lawyers bills are so far?
1) Too valuable to melt.
2) Won't sell them...or can they?
3) They were on tour...another tour
4) Stuck in a permanent display at???
5) Back to Fort Knox?
6) Smithsonian?
These come to mind
Later, Paul.
My guess is this: stuck in a permanent display at the Smithsonian....in the basement or area 51 hangar where no one will be able to see them...just like the majority of the coins they have hidden away/forgotten about.
Smithsonian...buh bye!
Keeper of the VAM Catalog • Professional Coin Imaging • Prime Number Set • World Coins in Early America • British Trade Dollars • Variety Attribution
Tours allowed people to see them so hopefully there will be more.
As for the Smothsonian, a great tour of there collection was posted a while ago. Wonder what it takes to get a visit like that.
I almost flagged this, just for fun, but opted to quote you, instead. LOL
Probably be another long, drawn-out thread, in the end.
Smithsonian USED to have the coins mounted on a wall behind glass.
Not a very good display. Too far from the glass.
This was in 1995 or so.
I did get to see the Honduras gold 20 peso though.
Thought of Capt Henway when I saw it.
If the Smithsonian will take its other 2 off display, a coin clock can be made with all 12 specimens.
auction them (with papers - lol) to reduce the national debt by .0001%
Governments can print currency. Only the people can print faith in it — and they’re running low on ink.
'
Since the coins were supposedly melted, but were saved by alleged "theft", Switt did the government a favor. The government should keep the bullion value and give the rest of the proceeds to the Langbords.
Any chance that the Langbords could charge for storage?
Let's face it. Coins make for horrible museum displays. (Or museums are terrible at displaying coins...either one).
I haven't seen any display of coins at a show, or in a museum, that was captivating in the least. 1804 dollars, 1913 nickels...just round things with semi familiar devices that are hard to see and appreciate. Even "Big" dollar sized coins are pretty small when enclosed in glass cases, 6 inches deep, and poorly lit.
That doesn't help in the least in deciding what to do with them....
IDK
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My guess is the government will take their ill gotten gain and spend millions of taxpayer money on them protecting and storing them. They will be a white elephant for centuries.
Sell them to National Collector's Mint. They can be melted down (per Keets) and 'tribute coins' can be made, plated with a micron of original 1933 double eagle gold.
I predict they will be in an evidence locker for the next 50 years, to be all but forgotten except maybe for the occasional thread on select coin boards.
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This was all about power ... and as such, anything further will be mere window dressing and anti-climactic. Likely one coin may remain for display.. the others probably go to melt... unless one can be spirited away (and that would be easy, just replace it with another AGE).... Cheers, RickO
When is Dan Carr going to strike some as fantasy coins?
Or if additional mint or owner paper work comes to light down the road proving there was a way out of the mint legally during that period, then they could get returned. Lots of numismatic research still to be discovered. Think of what little we knew only 50 years ago.