Cryptocurrency Q&A Is it illegal to own a double eagle gold coin?

Is it illegal to own a double eagle gold coin?

Valentina Valentina Tue Aug 20 2024 | 5 answers 1037
Is it illegal to possess a double eagle gold coin? This question arises for many collectors and investors alike, given the historical significance and value of these coins. The double eagle, a $20 gold piece, was minted in the United States from 1849 to 1933. So, does owning one now violate any laws? The answer may depend on a few factors, such as how the coin was acquired and whether it was removed from circulation in accordance with legal requirements. Let's explore this question further and delve into the legality of owning a double eagle gold coin. Is it illegal to own a double eagle gold coin?

5 answers

KimchiQueen KimchiQueen Thu Aug 22 2024
The 1933 double eagle coin holds a unique place in history, as it was never officially released to the public. As a result, private ownership of this coin is illegal, with strict consequences for those who possess it unlawfully.

Was this helpful?

56
75
SumoMighty SumoMighty Wed Aug 21 2024
The sole exception to this rule is the Weitzman Specimen, a well-known and documented piece that holds historical significance. Its legal status allows it to be privately owned and traded within certain parameters.

Was this helpful?

210
92
Nicola Nicola Wed Aug 21 2024
Despite the legal restrictions, rumors persist about the existence of other specimens of the 1933 double eagle coin. These whispers of undiscovered pieces have sparked the interest of law enforcement agencies.

Was this helpful?

184
42
SakuraTide SakuraTide Wed Aug 21 2024
The United States Secret Service, in particular, has been known to investigate reports of additional 1933 double eagle coins coming to light. Their efforts aim to prevent the illegal trade and circulation of these historical artifacts.

Was this helpful?

254
82
ChristopherWilson ChristopherWilson Wed Aug 21 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the evolving needs of the digital asset industry. Among their offerings are spot trading, futures trading, and secure wallet solutions.

Was this helpful?

333
56

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts