U.S government Confiscating rare gold coins...worth millions of dollars

[Bernice Moore]

While Asia is stockpiling gold coins, the U.S. government is doing its best to steal them from its citizens… A jury ruled yesterday that the U.S. Mint could keep 10 rare gold coins it confiscated from the heirs of a Depression-era coin dealer, Israel Switt.

The government alleges Switt obtained the coins in question, 1933 Double Eagles (which are worth millions of dollars), illegally more than 70 years ago.

When the coins were minted in 1933, President Franklin D. Roosevelt ordered the Mint to stop releasing gold to combat the Great Depression. But some slipped through (one sold at a 2002 Sotheby's auction for $7.6 million). Switt's daughter found the 10 gold coins in a safety deposit box in 2003, then sent them to the Mint to be authenticated. The Mint seized the coins, saying they were "U.S. property." There's of course no evidence Switt obtained the coins illegally. But our government is stealing them anyway.

http://online.wsj.com/article/SB10001424...76274.html


http://www.americanfederal.com/2010/09/n...lling-you/

[Bernice Moore]

http://newsandinsight.thomsonreuters.com...coin_case/


How the government won the $75 ml Double Eagle rare coin case:unclesam:

[Peter Lemkin]

What's the Governments is the Governments; what is yours is also the Governments. As a coin collector myself, there would be MANY Americans and others now at risk of confiscation of rare gold coins. They clearly want to remove wealth from anyone/everyone who is not in the Oligarchy. So much for the notion of private property. Serf's up!~ Serfdom's up!

[Jan Klimkowski]

And then there's the innocently titled Executive Order 6102 of 1933.

It authorized the confiscation of gold held by private citizens by the US government on behalf of the Federal Reserve.

Wiki provides an intro.

[Bernice Moore]

http://lewrockwell.com/slavo/slavo54.1.html