Stolen Coins From Mint posted by Texan's Coins

[CSJournals-migration]

Interesting dilemma for the mint.

 

I was reading about this mint officer who stole edgeless dollar coins from the mint and it makes me wonder if the mint plans to pursue the return of these coins.

 

After the Langbord '33 Double Eagles case, the attorney for the government said that they wanted to set the precedent that if it was stolen from the mint, it will be pursued. Since the coins were sold to a dealer who in turn probably had them certified, there is a record.

 

The catch 22 is that if this does happen, the individual collector is the one who is hurt. It would be hard to figure out who would be the one to offer a refund. But, if they are not pursued, does that set a double standard for the Langbords to bring up?

 

It will be interesting to see how this all pans out.

 

 

Marcus

 

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[SPHansen]

I wonder if the fact that these coins aren't nearly as valuable as the 33 gold coins will make a difference? Will the US Mint want to spent the money to pursue, and if they do, will they be lambasted for it? It will be interesting to see what happens...

[Texans Coins]

Precisely, Scott. Is the cost of pursuit worth it for the mint like it was for the Double Eagles? This could get very sticky for the mint.

[Mokiechan]

They should the ill-gotten assetsvof the mint employee, sue the dealer who bought the coins and be done with it.

 

Cheers from Avalon CA,

Malcolm