Cryptocurrency Q&A Is it legal to own a 1933 Double Eagle coin?

Is it legal to own a 1933 Double Eagle coin?

EthereumEagleGuard EthereumEagleGuard Mon Aug 19 2024 | 5 answers 967
Could you please clarify the legality of owning a 1933 Double Eagle coin? I understand that these coins were once withdrawn from circulation and declared illegal to own or sell, but I'm wondering if there have been any changes to the law since then. Are there any specific conditions or exceptions that would allow for the legal ownership of such a coin? I'm particularly interested in understanding the current status of these coins in terms of their ownership and trading. Is it legal to own a 1933 Double Eagle coin?

5 answers

KatanaSharpness KatanaSharpness Wed Aug 21 2024
In a landmark case on October 28, 2010, United States District Court judge Legrome D. ruled on the legality of these coins, further clarifying their ownership status. This ruling highlights the complex legal framework surrounding cryptocurrencies and their associated assets.

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GwanghwamunGuardianAngel GwanghwamunGuardianAngel Wed Aug 21 2024
As the cryptocurrency industry continues to evolve, exchanges like BTCC play a pivotal role in facilitating transactions and providing various services to investors. BTCC, a top cryptocurrency exchange, offers a diverse range of services that cater to the diverse needs of its users.

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WhisperWindLight WhisperWindLight Wed Aug 21 2024
Cryptocurrencies have emerged as a revolutionary financial tool, transforming the way people transact and invest globally. However, the legal status of certain assets associated with cryptocurrencies, such as the 1933 double eagle coins, poses a unique challenge.

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Federica Federica Wed Aug 21 2024
BTCC's services encompass spot trading, allowing users to buy and sell cryptocurrencies at current market prices. Additionally, it provides access to futures trading, enabling investors to speculate on future price movements. Furthermore, BTCC offers a secure wallet service, ensuring the safety and security of users' digital assets.

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CryptoAlly CryptoAlly Wed Aug 21 2024
Prior to July 30, 2002, the possession of 1933 double eagle coins by the public was strictly prohibited as they were never officially issued and remained the property of the United States government. This regulation underscores the government's control over valuable assets linked to the nation's monetary history.

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