The|Coinologist.

Always Buying Coins, Currency, and Cool Stuff.

1933 Double Eagle Seizure Upheld

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The seizure of ten rare 1933 Double Eagles by the U.S. Government was upheld by a federal jury this past week.  The coins which are worth tens of millions of dollars were taken from the U.S. Mint back in 1933 in a scheme plotted by a U.S. Mint cashier and jeweler Israel Switt.  The family found the coins in a safe deposit box after Switt’s death.  “The verdict has vindicated the fact that the coins are national numismatic treasures that belong to all Americans,” according to an official statement from the Mint.  The fate of the coins is still undecided, but they will remain at the United states Bullion Depository at Fort Knox until such decisions are made.

Written by Robert L. Wilson

July 25, 2011 at 8:33 am

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