Comments on: Government Seizes Valuable Coins http://www.consumerismcommentary.com/government-seizes-valuable-coins/ A premier personal finance blog, established 2003. Within, Flexo discusses his own experiences with money, and he and other authors comment on a wide range of personal finance topics. Wed, 23 May 2012 03:39:10 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Doobie http://www.consumerismcommentary.com/government-seizes-valuable-coins/comment-page-1/#comment-834 Doobie Tue, 30 Aug 2005 08:23:13 +0000 http://wp.consumerismcommentary.com/?p=474#comment-834 That'll teach 'em to go to the government for help. That’ll teach ‘em to go to the government for help.

]]> By: Flexo http://www.consumerismcommentary.com/government-seizes-valuable-coins/comment-page-1/#comment-833 Flexo Tue, 30 Aug 2005 04:00:59 +0000 http://wp.consumerismcommentary.com/?p=474#comment-833 I believe any of the 1933 double eagles must have been obtained illegally since they never entered circulation, but the government did allow the high-profile sale of one of these coins already. I believe any of the 1933 double eagles must have been obtained illegally since they never entered circulation, but the government did allow the high-profile sale of one of these coins already.

]]> By: Flexo http://www.consumerismcommentary.com/government-seizes-valuable-coins/comment-page-1/#comment-831 Flexo Tue, 30 Aug 2005 02:32:30 +0000 http://wp.consumerismcommentary.com/?p=474#comment-831 I find it hard to believe that a suit against the government in this case will be successful. I find it hard to believe that a suit against the government in this case will be successful.

]]> By: mmb http://www.consumerismcommentary.com/government-seizes-valuable-coins/comment-page-1/#comment-830 mmb Tue, 30 Aug 2005 02:16:17 +0000 http://wp.consumerismcommentary.com/?p=474#comment-830 Moral of the story: If you find any two-headed coins don't tell the government. Just kidding. Sorry, I couldn't resist. I am guessing they don't have a case because as far as I know any illegal property is subject to seizure by the govt irrespective of owner's direct culpability. Maybe they can sue whoever sold them the coins and at least recover what they paid originally. Moral of the story: If you find any two-headed coins don’t tell the government.

Just kidding. Sorry, I couldn’t resist.

I am guessing they don’t have a case because as far as I know any illegal property is subject to seizure by the govt irrespective of owner’s direct culpability. Maybe they can sue whoever sold them the coins and at least recover what they paid originally.

]]> By: henry http://www.consumerismcommentary.com/government-seizes-valuable-coins/comment-page-1/#comment-829 henry Tue, 30 Aug 2005 00:32:16 +0000 http://wp.consumerismcommentary.com/?p=474#comment-829 They probably don't. In any case, the govt. doesn't care about their claims and I don't think anyone else does either. They probably don’t. In any case, the govt. doesn’t care about their claims and I don’t think anyone else does either.

]]> By: YoungMiser http://www.consumerismcommentary.com/government-seizes-valuable-coins/comment-page-1/#comment-832 YoungMiser Tue, 30 Aug 2005 00:13:53 +0000 http://wp.consumerismcommentary.com/?p=474#comment-832 I depends on if the coins were first obtained by an illegal manner. If they were orginally stolen, then I think they can be taken back, no questions asked. If they were obtained legally then the collector has a case. I depends on if the coins were first obtained by an illegal manner. If they were orginally stolen, then I think they can be taken back, no questions asked. If they were obtained legally then the collector has a case.

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