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Strategies & Market Trends : Natural Resource Stocks

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To: isopatch who wrote (81837)9/16/2009 4:02:54 PM
From: JimisJim  Read Replies (1) of 108672
 
iso: after reading the details, turns out the guy's grandfather may have had a little-to-close relationship with a cashier at the mint and was known in coin circles as a real jerk... however, his lawyer has been successful in putting across the argument that the current owners did nothing illegal and in addition to the statute of limitations issues, the gov't. will have the burden to prove that they were illegally obtained and apparently the gov't. has no one left alive that worked at the mint, etc. and no hard evidence of anything... it appears the guy will prevail in the end... can you imagine having 10 '33 double eagles in mint condition? His "advisers" are telling the guy if/when he wins his case, if he only sells 1 of them every 1-2 years, he'll get max value estimated to be $4 million to $6 million per coin!

Jim
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