Namosh Posted September 8, 2012 Report Share Posted September 8, 2012 If this doesn't raise concern about our federal government, I don't know what would. http://rt.com/usa/ne...nia-family-626/ A federal judge has upheld a verdict that strips a Pennsylvania family of their grandfather’s gold coins — worth an estimated $80 million — and has ordered ownership transferred to the US government. Judge Legrome Davis of the Eastern District Court of Pennsylvania affirmed a 2011 jury decision that a box of 1933 Saint-Gaudens double eagle coins discovered by the family of Israel Switt, a deceased dealer and collector, is the property of the United States. In the midst of the Great Depression, then-President Franklin Roosevelt ordered that America’s supply of double eagles manufactured at the Philadelphia Mint be destroyed and melted into gold bars. Of the 445,500 or so coins created, though, some managed to escape the kiln and ended up into the hands of collectors. In 2003, Switt’s family opened a safe deposit back that their grandfather kept, revealing 10 coins among that turned out to be among the world’s most valuable collectables in the currency realm today. Switt’s descendants, the Langbords, thought the coins had been gifted to their grandfather years earlier by Mint cashier George McCann and took the coins to the Mint to have their authenticity verified, but the government quickly took hold of the items and refused to relinquish the find to the family. The Langbords responded with a lawsuit that ended last year in a victory for the feds. Because the government ordered the destruction of their entire supply of coins decades earlier, the court found that Switt’s family was illegally in possession of the stash. Even though they may had been presented to the dealer by a Philadelphia Mint staffer, Judge Davis agrees with last year’s ruling that Mr. McCann broke the law. "The coins in question were not lawfully removed from the United States Mint,” the judge rules. Despite this decision, though, the attorney representing Switt’s family says the government has no right to remove their own items and transfer property back to the state. "This is a case that raises many novel legal questions, including the limits on the government's power to confiscate property. The Langbord family will be filing an appeal and looks forward to addressing these important issues before the 3rd Circuit," Barry Berke, an attorney for the Langbords, tells ABCNews.com My Ram Quad Cab Blow-through Link to comment Share on other sites More sharing options...
TeamHT Posted September 8, 2012 Report Share Posted September 8, 2012 True, but you will not see the masses enraged. Complacent, deluded, and fat we suit eating our fast food with internet, TV, and basic utilities. The government knows how to herd the populace and we continue to follow Tell me...does this smell like chloroform to you? Link to comment Share on other sites More sharing options...
Zapanater Posted September 8, 2012 Report Share Posted September 8, 2012 Ain't nobody a virgin, because the government screws us all. 2015 Subaru Outback. That is all, I refuse to touch it. Link to comment Share on other sites More sharing options...
8ight Posted September 12, 2012 Report Share Posted September 12, 2012 You find these sorts of things more outraging when you don't watch televised news any longer. Not quite sure why. I'm gonna hate Link to comment Share on other sites More sharing options...
Ninja_v1.0 Posted September 12, 2012 Report Share Posted September 12, 2012 so let me get this stright... so the president back then order all of these coins destroyed... some coins leaked... this family has some of the leaked coins that were ordered destroyed back in the say government take the coins since they should have never been in the deceased persons possession anyway where is the problem here? When your at the top everyone is coming for you, friends, family, haters and even those who don't know you.. my advice.. KILL EM ALL Link to comment Share on other sites More sharing options...
8ight Posted September 12, 2012 Report Share Posted September 12, 2012 We shouldn't enforce archaic laws that clearly violated property rights when they were first passed. There is MY problem. I'm gonna hate Link to comment Share on other sites More sharing options...
Ninja_v1.0 Posted September 12, 2012 Report Share Posted September 12, 2012 We shouldn't enforce archaic laws that clearly violated property rights when they were first passed. There is MY problem. O.K. I was going to go on but I just don't have the enough energy... When your at the top everyone is coming for you, friends, family, haters and even those who don't know you.. my advice.. KILL EM ALL Link to comment Share on other sites More sharing options...
8ight Posted September 12, 2012 Report Share Posted September 12, 2012 We shouldn't enforce archaic laws that clearly violated property rights when they were first passed. There is MY problem. O.K. I was going to go on but I just don't have the enough energy... I have been spared... ...today I'm gonna hate Link to comment Share on other sites More sharing options...
Namosh Posted September 12, 2012 Author Report Share Posted September 12, 2012 so let me get this stright... so the president back then order all of these coins destroyed... some coins leaked... this family has some of the leaked coins that were ordered destroyed back in the say government take the coins since they should have never been in the deceased persons possession anyway where is the problem here? According to the family's lawyer the coins in circulation were ordered returned. These coins were acquired from the mint in a grace period for collectors that was not subject to the recall. My Ram Quad Cab Blow-through Link to comment Share on other sites More sharing options...
Skullz Posted September 12, 2012 Report Share Posted September 12, 2012 They were illegal to possess then and now so where is the problem? 01 Ford focus ZX3 Pioneer AVH-X491BHS PPI PC 4800.2 Morel Maximo 6.5" x2 Link to comment Share on other sites More sharing options...
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