I heard that there is a certain US coin that it's actually illegal for people to own. I'm curious about which coin it is and why such a law exists.
5 answers
Stefano
Wed Oct 23 2024
Despite the order, a small number of 1933 Double Eagles were reportedly minted and subsequently stolen from the U.S. Mint facilities. These coins have since become highly sought-after by collectors and investors alike, due to their rarity and historical significance.
CryptoMystic
Wed Oct 23 2024
However, owning a 1933 Double Eagle is a risky proposition. The U.S. government considers any existing examples of this coin to be stolen property, making it subject to seizure and prosecution if discovered in private hands.
Dario
Wed Oct 23 2024
One of the most intriguing examples of the complexities surrounding rare coins and their legality is the 1933 Double Eagle gold coin. This particular coin holds a unique place in history due to its controversial status.
Valentina
Wed Oct 23 2024
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BlockchainLegend
Wed Oct 23 2024
The 1933 Double Eagle was never legally released into circulation by the U.S. government, making it illegal for individuals to own. This fact stems from the Great Depression era, when President Franklin D. Roosevelt issued an executive order halting the minting and circulation of gold coins.