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.
5 answers
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.
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.
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.
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.
ChristopherWilson
Wed Aug 21 2024
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