Cryptocurrency Q&A What US coin is illegal to own?

What US coin is illegal to own?

CryptoVisionary CryptoVisionary Mon Oct 21 2024 | 5 answers 1404
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. What US coin is illegal to own?

5 answers

Stefano 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.

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CryptoMystic 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.

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Dario 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.

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Valentina Valentina Wed Oct 23 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the needs of traders and investors in the digital asset space. Among its offerings are spot trading, futures trading, and wallet services, all of which are designed to provide users with secure and efficient access to the cryptocurrency markets.

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BlockchainLegend 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.

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