Author Topic: Feds seize gold coins worth $80 mln from Pennsylvania family  (Read 537 times)

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Offline Rapunzel

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Feds seize gold coins worth $80 mln from Pennsylvania family
« on: March 05, 2014, 06:06:36 PM »

Offline Gazoo

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #1 on: March 05, 2014, 06:11:00 PM »
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Online Oceander

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #2 on: March 05, 2014, 10:59:07 PM »
fools.  they should have consulted privately first, and then they should have sold them off.  never take gold to the federal government, even for an advisory opinion, you won't get it back.

Offline massadvj

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #3 on: March 05, 2014, 11:05:44 PM »
fools.  they should have consulted privately first, and then they should have sold them off.  never take gold to the federal government, even for an advisory opinion, you won't get it back.

Would this ruling apply to any gold coin that would have been around in FDR's day, or is it exclusive to this particular set because they were known to have belonged to this particular person at that particular time?

There are quite a few pre-FDR gold coins on the secondary market. Can they all be confiscated?
"She only coughs when she lies."

Offline Atomic Cow

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #4 on: March 05, 2014, 11:06:15 PM »
Plenty of rich collectors overseas (namely the Middle East) who would have paid full price, no questions asked.
"...And these atomic bombs which science burst upon the world that night were strange, even to the men who used them."  H. G. Wells, The World Set Free, 1914

"The one pervading evil of democracy is the tyranny of the majority, or rather of that party, not always the majority, that succeeds, by force or fraud, in carrying elections." -Lord Acton

Offline Atomic Cow

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #5 on: March 05, 2014, 11:07:12 PM »
Would this ruling apply to any gold coin that would have been around in FDR's day, or is it exclusive to this particular set because they were known to have belonged to this particular person at that particular time?

There are quite a few pre-FDR gold coins on the secondary market. Can they all be confiscated?

I think it is because these coins were never circulated and someone violated the destruction order and illegally removed them from the mint.
"...And these atomic bombs which science burst upon the world that night were strange, even to the men who used them."  H. G. Wells, The World Set Free, 1914

"The one pervading evil of democracy is the tyranny of the majority, or rather of that party, not always the majority, that succeeds, by force or fraud, in carrying elections." -Lord Acton

Offline massadvj

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #6 on: March 05, 2014, 11:09:09 PM »
I think it is because these coins were never circulated and someone violated the destruction order and illegally removed them from the mint.

OK.  I'll stop digging that hole in my backyard now.
"She only coughs when she lies."

Online Oceander

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #7 on: March 05, 2014, 11:11:42 PM »
OK.  I'll stop digging that hole in my backyard now.

just don't tell anyone if you find anything, and tell the federales you're just digging an emergency latrine.

Online 240B

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #8 on: March 05, 2014, 11:52:19 PM »
Two questions:
 
Why does one of them say 1977?
 
Why not just melt them down and sell it as gold?
 
Set up a fake mining operation somewhere and ureka! Say you struck gold!
You cannot "COEXIST" with people who want to kill you.

Offline Carling

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #9 on: March 05, 2014, 11:54:34 PM »
Think of what an absolute disaster FDR's president would have been w/out WWII.  His public works' projects were abject failures, and we were damn near bankruptcy as a country prior to entering WWII.
Trump has created a cult and looks more and more like Hitler every day.
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Offline Lipstick on a Hillary

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #10 on: March 06, 2014, 08:31:21 AM »
Would this ruling apply to any gold coin that would have been around in FDR's day, or is it exclusive to this particular set because they were known to have belonged to this particular person at that particular time?

There are quite a few pre-FDR gold coins on the secondary market. Can they all be confiscated?

I think just the double eagles that were minted in Philly.  I agree with O, they should have sold those coins off, if even in dribs and drabs.   There are tons of coin shows and dealers around.  Who in their right mind would trust the federal government??

Offline katzenjammer

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #11 on: March 06, 2014, 08:57:18 AM »
I think just the double eagles that were minted in Philly.  I agree with O, they should have sold those coins off, if even in dribs and drabs.   There are tons of coin shows and dealers around.  Who in their right mind would trust the federal government??

People that have no clue regarding the present reality??

Offline Gazoo

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #12 on: March 06, 2014, 09:42:04 AM »
fools.  they should have consulted privately first, and then they should have sold them off.  never take gold to the federal government, even for an advisory opinion, you won't get it back.

ding ding ding winner answer.

I mean just

DUH!
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Online aligncare

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #13 on: March 06, 2014, 10:00:20 AM »
The IRS owed my company a tax refund from 2005. It was a struggle getting them to admit they owed me the money. I got the check last month. Not bad. Waited only nine years for the refund.

Offline Gazoo

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #14 on: March 06, 2014, 10:03:44 AM »
The IRS owed my company a tax refund from 2005. It was a struggle getting them to admit they owed me the money. I got the check last month. Not bad. Waited only nine years for the refund.

Glad you got it resolved! Don't hesitate to write your senator with any federal agency/state about any and all problems. They are set up for this, have staff and advocates for this.
"The Tea Party has a right to feel cheated.

When does the Republican Party, put in the majority by the Tea Party, plan to honor its commitment to halt the growth of the Federal monolith and bring the budget back into balance"?

Offline olde north church

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #15 on: March 06, 2014, 10:04:33 AM »
The IRS owed my company a tax refund from 2005. It was a struggle getting them to admit they owed me the money. I got the check last month. Not bad. Waited only nine years for the refund.

Ya charge them interest?
Why?  Well, because I'm a bastard, that's why.

Online aligncare

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #16 on: March 06, 2014, 10:10:04 AM »

Offline Relic

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #17 on: March 06, 2014, 11:03:55 AM »
Glad you got it resolved! Don't hesitate to write your senator with any federal agency/state about any and all problems. They are set up for this, have staff and advocates for this.

Unless your senator is Rob Portman. He will simply ignore you.

Offline Relic

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Re: Feds seize gold coins worth $80 mln from Pennsylvania family
« Reply #18 on: March 06, 2014, 11:05:46 AM »
I think just the double eagles that were minted in Philly.  I agree with O, they should have sold those coins off, if even in dribs and drabs.   There are tons of coin shows and dealers around.  Who in their right mind would trust the federal government??

I can only hope that this family is composed of a bunch of liberals.
Liberals getting education about government would be a silver lining to this horrible event.


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