Court returns rare gold coins Treasury seized from jeweler’s family

“A fortune in 1930s gold coins seized by the federal government from the family of a deceased Philadelphia jeweler must be returned, a federal appeals court said Friday.  For more than a decade, the U.S. Treasury Department insisted, and persuaded a jury, that the rare coins had been stolen and belonged to the government.  But on Friday it lost the argument and the coins – because of paperwork.  The U.S. Court of Appeals for the Third Circuit said the government had failed to file a timely forfeiture action, and therefore had waived its right to keep 10 rare 1933 $20 double eagle gold coins. How valuable were they? One similar coin was auctioned for $7.6 million in 2002.”

http://www.philly.com/philly/news/nation_world/20150418_Court__Rare_coins_belong_to_jeweler_s_family.html

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