Judge: Family’s $80 million gold coin collection belongs to uncle sam

The law finally caught up with them?
You mean the Tyranny?

This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.
 
The law finally caught up with them?
You mean the Tyranny?

This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.

NOt seeing an issue there. These coins were the property of the US GOvernment and they were ordered to be turned in.

In all probability, they will get a percentage of the proceeds of the sale of these coins.
 
The law finally caught up with them?
You mean the Tyranny?

This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.

it was a question.
 
I think the treasury was required to pay the holders of the double eagles face value same as when they were supposed to be turned in.
 
The law finally caught up with them?
You mean the Tyranny?

This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.

NOt seeing an issue there. These coins were the property of the US GOvernment and they were ordered to be turned in.

In all probability, they will get a percentage of the proceeds of the sale of these coins.

Likely because there isn’t one.
 
Wow! Just wow!

I'm guessing that when the NEW order for gold confiscation comes down the pike that those of you who support this government-sponsored larceny will be lining up to turn in whatever bullion assets you hold today?
 
Should have melted them down & sold the bullion...or just not said a word about it and just SOLD them.

Then they just would have been worth their weight in gold.

The value comes from what collectors put on them, and the collectors have to get special permits from the govenrment to hold them.

So sell them out of the country. You think a collector in China or Brazil cares if he gets a "permit"?
 
Should have melted them down & sold the bullion...or just not said a word about it and just SOLD them.

Then they just would have been worth their weight in gold.

The value comes from what collectors put on them, and the collectors have to get special permits from the govenrment to hold them.

So sell them out of the country. You think a collector in China or Brazil cares if he gets a "permit"?

QUite. Because that makes the felony aspect of it even more fun.

Here's the thing. Hard currency of all sorts is property of the government. It lets you use it as a token of exchange, but the fact is, it has to be government property by definition.

Otherwise, people could just print it up on their printers.
 
The law finally caught up with them?
You mean the Tyranny?

This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.

NOt seeing an issue there. These coins were the property of the US GOvernment and they were ordered to be turned in.

In all probability, they will get a percentage of the proceeds of the sale of these coins.

ta da!


Only a leftist fuck would think such utter bullshit.
 
The law finally caught up with them?
You mean the Tyranny?

This just "normalizes" the idea in the public's mind that it's ok for Gov't to confiscate gold. It certainly has for uscitizen.

As the US Gov't goes farther over the fiscal cliff they'll look to find new ways (as well as revive old ones) to steal money from The People.

NOt seeing an issue there. These coins were the property of the US GOvernment and they were ordered to be turned in.

In all probability, they will get a percentage of the proceeds of the sale of these coins.

Money does not belong to the government.
 
Should have melted them down & sold the bullion...or just not said a word about it and just SOLD them.

Then they just would have been worth their weight in gold.

The value comes from what collectors put on them, and the collectors have to get special permits from the govenrment to hold them.

They would have got way more than their weight in gold without a problem. The reason for that is quite simple, you don't need permission from the government to own them despite the claims from people that do not understand the law.
 
Then they just would have been worth their weight in gold.

The value comes from what collectors put on them, and the collectors have to get special permits from the govenrment to hold them.

So sell them out of the country. You think a collector in China or Brazil cares if he gets a "permit"?

QUite. Because that makes the felony aspect of it even more fun.

Here's the thing. Hard currency of all sorts is property of the government. It lets you use it as a token of exchange, but the fact is, it has to be government property by definition.

Otherwise, people could just print it up on their printers.

It's only illegal if you get caught.
 

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