InfoAnda - US Mint must seek court OK to keep rare 1933 coins

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Indonesia demos demand Yudhoyono quit | 25 November 2009
Actress Natalie Wood's death certificate amended by coroner | | 23 August 2012
British diplomat Valerie Amos to be new U.N. aid chief | | 10 July 2010

Airbus warns military plane failure threatens company | 13 January 2010

Forum Views () Forum Replies ()

Read more with google mobile : US Mint must seek court OK to keep rare 1933 coins

Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: US Mint must seek court OK to keep rare 1933 coins By MARYCLAIRE DALE,Associated Press Writer AP - Saturday, August 1 PHILADELPHIA - The U.S. government improperly seized a set of extremely rare and valuable "double eagle" coins from a Philadelphia jeweler's descendants and must win a forfeiture case to keep them, a judge ruled this week. ADVERTISEMENT Ownership of the 10 gold coins _ worth millions of dollars apiece _ may be determined by a jury in a weeks-long forfeiture hearing. The family of the late Israel Switt is suing to recover the double eagles, so named because they had a face value of $20, twice the amount of gold coins known as eagles. The government argues that none of the coins were removed legally from the Mint when President Franklin D. Roosevelt abandoned the gold standard in 1933. The stockpiled double eagles minted that year and waiting to go into circulation were instead melted down, although a few apparently survived. The judge's order released Wednesday calls for the government to initiate a forfeiture hearing by Sept. 28. The hearing would likely amount to a trial in which the government would have to prove Switt's family never legally possessed them, a family lawyer said. Lawyer Barry Berke argues that some coins could have left the Mint legally through a gold exchange program in place at the time that attracted jewelers like Switt. "There was a period of time where it was permissible to exchange gold coins for gold bullion," said Berke, who represents Switt's daughter, Joan S. Langbord of Philadelphia, and her sons, Roy Langbord of New York City and David Langbord of Virginia Beach, Va. They say they found the coins in a safe deposit box in 2003, 13 years after Switt died. The following year, they asked the Mint to authenticate them and suggested they were open to a negotiated settlement, perhaps akin to the 50-50 split reached in a previous case involving one double eagle coin. The collection could be worth nearly $80 million or more. A comparable double eagle sold for $7.59 million in 2002 _ believed to be the highest price ever paid for a coin. The family has previously asked for the coins' return or a settlement of up to $40 million. U.S. District Judge Legrome Davis ruled that the government improperly seized the coins and denied the family due process when Mint officials decided to keep them after they were authenticated without a hearing. "The government's 'good-faith' belief that the coins were once stolen is not sufficient, under the circumstances, to justify its decision to conduct a warrantless seizure," Davis wrote. Federal prosecutors representing the Mint declined through a spokeswoman to comment Friday. In a statement, the family noted Israel Switt's combat service in World War II and said they have tried to be open with the government throughout the long case. "Perhaps this was only a minor and personal battle, but nevertheless it is one where a family's rights to receive fair treatment from the government of the United States was vindicated," the statement said. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: World Chavez pulls plug on broadcasters, prompting outrageAFP - Sunday, August 2 Afghan mission falls short of expectations: lawmakersAFP - Sunday, August 2 UK-World SummaryReuters - Sunday, August 2 Castro to U.S.: communist Cuba will not changeReuters - Sunday, August 2 Abdullah campaign king in Afghan vote huntAFP - Sunday, August 2 Most Popular – World Viewed Comets probably won't cause the end of life as we know it: study Organic food not healthier, says British study Madonna writes of her spiritual awakening Beer flows as Obama tries to cool down a hot furor US on track to pump $2 bln into cash-for-clunkers program View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Sunday, 2 August 2009
One French, three US soldiers killed in Afghan attacks
Karzai promises Afghan voters a brighter future
Afghan poll workers ambushed; U.S. soldiers killed | International |
Passengers on swine flu cruise liner allowed ashore
Iraqis fear al Qaeda violence after mosque bombs
Honduran pro-Zelaya protester dies after shooting | International |
Fatah to hold congress despite Hamas ban | International |
Militant urges targeting China over Uighurs | International |
India mulls late-night TV as population control
Former Philippine leader Aquino dies
Iran says three US nationals arrested near Iraq border
Malaysia police use tear gas against mass protest
New York airport terminal evacuated due to suspicious bag
Japan PM flags N.Korea abductions ahead of vote
Apple, labels stir up deluxe digital Cocktail | Technology |
Schools reopen in NW Pakistan after Taliban offensive
Hollywood stars visit Havana amid U.S.-Cuba thaw
Actor Jude Law to be father to fourth child
Afghan mission falls short of expectations: lawmakers
Forest fires rage on Spanish island, 4,000 evacuated
New robots help humans cope with illness
Dalai Lama urges global cooperation in economic crisis
Iran tries 100 reformists over election unrest | International |
Abdullah campaign king in Afghan vote hunt
Gunman kills 2 at Tel Aviv club for gay youths | International |
Malaysian newspapers face challenge from online media
Cuba set to unveil belt-tightening steps amid crisis
US-TECH Summary
Gunman kills 2 at Tel Aviv club for gay youths
Steyn breaks record as Boks beat All Blacks again
Castro to U.S.: communist Cuba will not change | International |
Iraqi death toll down in July after US handover
Apple, labels stir up deluxe digital Cocktail
Iran reformists back down in court as 100 face riot trial
Ousted Honduran president vows peaceful resistance | International |
Iran tries 100 reformists over election unrest
China-based cyber attack hits Australia film festival site
Afghan campaign worker attacked, guard killed
Yahoo Labs chief sees real-time search opportunity
Apple fixes iPhone SMS vulnerability
China win women's medley relay world title in world record
Dalai Lama urges global cooperation in economic crisis
Castro to U.S.: communist Cuba will not change
Militant urges targeting China over Uighurs
Steyn breaks rugby point record as Boks beat All Blacks
Flower still harbours victory hopes after Ashes washout
S.Korea first rocket launch set for August 11
Six Christians killed in Pakistan over Koran 'insult'
N.Korea 'helping Myanmar build nuclear plant': report
Dems look to limit increases in cost of insurance
Pakistan arrests suspect in Marriott hotel bombing
Malaysian police arrest hundreds in protest
Ore. faith-healing father gets 60 days in jail
Kentucky man charged in '80 slaying of Wis. couple
US Mint must seek court OK to keep rare 1933 coins
Popularity, Web snafus nearly broke 'clunkers'
China steel output to grow despite falling demand
Tight credit could limit eurozone growth: analysts
Talks collapse at troubled SKorean auto firm
S.Korea sees FX reserves rising up to $270 bln-reports
Couples wed on boat during Amsterdam gay pride
Chaos hits French holiday drivers: officials
Two Killed Changing Flat Tire On Highway In Massachusetts
Stockholm turns rainbow-coloured for gay pride
House Committee Approves Healthcare Bill
One U.S., Three French Soldiers Die In Afghanistan
Tens of thousands of Jehovah's Witnesses meet in France
US-ENTERTAINMENT Summary
Update: Flights Resume At LaGuardia Airport After A Bomb Hoax
Q&A: Juliette Lewis pushes to the limit with new band
Billboard singles reviews: Brad Paisley, Jay-Z
More Mozart: 2 new pieces being unveiled
Princess wins suit against German publisher
Peter Andre wins libel case over sex claims
Israel evicts Palestinians from Jerusalem homes
Five Russians killed in northern Caucasus: reports
Khatami condemns Iran's show trial of reformists | International |
Head of English Catholics warns about emails/texting
India's board backs stars in anti-doping row
Maliki on first visit to Iraqi Kurdistan
Israeli gays' safe haven turns deadly | International |
Maliki on first visit to Iraqi Kurd region as PM
Merkel urged to stand up to Obama on Opel jobs
Iraq's Tareq Aziz gets 7 years jail in Kurds case | International |
Five foreign troops killed in Afghanistan | International |
Iran's Khatami denounces trial of protesters
Swine flu: rich nations' spending spurs ethics row
Latest in string of west Iraq bombings kills six | International |
More than 700 killed in Nigeria clashes: Red Cross | International |
Schools open in Pakistan's Swat despite Taliban fear | International |
Aquino's family declines state funeral offer | International |
Plane with 16 people missing in Indonesia's Papua | International |
Israel opens West Bank road to Palestinian traffic | International |
Sony Pictures invests in new Zhang Yimou movie
Sony plugs Google's library into e-readers
Three US, two NATO soldiers killed in Afghanistan
Wildfires ravage Canada's British Columbia
Aquino's family declines state funeral offer
Head of English Catholics warns about emails/texting | Technology |
Strong quake strikes eastern Indonesia
Schools open in Pakistan's Swat despite Taliban fear
Lawyers still hope Suu Kyi will be freed
Plane with 16 people missing in Indonesia's Papua
Bollywood star Shetty dismisses temple complaint
'Cash for clunkers' rebates survive _ for weekend
China town sealed off after pneumonic plague kills 1
Man who threatened Obama sentenced to probation
Talks collapse at troubled SKorean auto firm
Thousands mourn ex-Philippine president Aquino
Chicken tikka masala claims its origins in Scotland
Mitsubishi UFJ arranges $5 bln loan to UAE: report
Turbulence in Indian skies as airlines plan strike
Chinese manufacturing expands in July
Newly discovered Mozart works played in Austria | Entertainment |
Indonesia files charges in Freeport mine shootings
Newly discovered Mozart pieces performed in Austria
WHO: Breastfeeding Saves Lives In Emergencies
Remains Of First U.S. Gulf War Pilot Shot Down Identified
Shuttered factories, shattered lives in US rust belt
Austrian has Indiana Jones moment in Mongolia
Cambodians begin to learn of bloody past
Sony Pictures invests in new Zhang Yimou movie
Academy's 'Keeper of the Oscars' dead at 48
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01