Why This Coin is Illegal to Own
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- čas přidán 11. 05. 2020
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wonderfull
I think HAI is using this business from their own video of American airlines' mistake.😂😂😂
I'm disappointed there wasn't a LOTR joke. For shame.
The logistics of corona treatment
The last days of Adolf H
"You're not allowed to hoard gold."
"Why not?"
"Because we want to hoard it."
"Understandable, have a good day."
God bless murica.
As is the case with pretty much any "You're not allowed X" law. You're not, they are, generally for some roundabout reason. You're not allowed to collect and hoard rainwater in case of a drought. But the state is. Why? In case of a drought. At least, that's the basic version of it. Applies to tons of dumb things and lots of very touchy subjects too (guns for instance).
It makes sense.
Biden: You are not allowed to hold guns
American: Why not? the Amendment II of US constitu...
Biden: C'mon, forget about that, I want my bloc to be the only one to hold....alright....guns kill people...you know the thing...
American: guns kill people, orange man bad, kid sniffer good, God bless US
@@nmslchan9527 Boy... that escalated quickly.
Secret service: "you are arrested for selling our gold!"
Coin seller: "wait can we just split profits to half?"
Secret service: "looks fair to us"
It makes sense, it would’ve been a long court battle and probably wasn’t gonna be worth the time or money, if they split the profits, they make back the money they spent trying to get it and everybody wins
It makes sense for this particular coin because it WAS "legally exported" at some point, so the court case is rally tricky.
MinecraftPro15 the real value of the coin wasn’t the number printed on it though let’s be fair, settling was the best for all parties involved and it ensured that everyone walked away a winner, especially because this was by no means an open and shut case the parties who split the profits was happy and I’m sure the buyer was happy as well
@@naphackDT That and the government didn't want to set an example, because they didn't know how many coins were still out there (the ten other coins hadn't been found yet, so they were right to assume there were still other coins). It's still not legal to own these coins in the US, but they won't come after this specific one. If the government had lost in court they might have lost other court cases concerning these coins in the future.
The leprechaun from the leprechaun movies appears. "I want me gold!"
Everyone: Whoa, you can have it, I've seen your movies, I know what happens to those who get in your way.
"You know, it's kinda illegal what you did but hey, let's sell it and split 50-50."
That is the most American thing I've heard in a while
Reddit moment
@@tylerlackey1175 what does this have to do? America bashing is normal in basically everywhere in the world where this evil empire intervened, like in Iraq.
Federal asset forfeiture is robbery
it's actually an incredibly clever work around, since the US gov't were the legal owners them selling it now makes the ownership of that coin legal. I bet they quoted the bible during that court proceeding and actually chopped the baby in half.
Does them allowing it to be exported to him as part of the sale not imply that they allowed the transaction? I mean, mistake by the treasury employee or not King Farouk seemed to be the legal owner at that point. Licensed and everything.
"No longer backed by gold standard"
*50 years later*
"Gimme that gold coin back, we need to melt it"
To me, it would seem like since the whole basis of this was to gather gold to back US currency, once the US was taken off of the gold standard, the validity of tracking down and recovering these coins would have gone away.
I was going to say that laws are more valuable than money. But historic and current events show facts don't care for that opinion.
Imagine how much money the secret service wasted tracking all those coins.
Yes it’s quite crazy
The money machine didn't go brrr???
it wasn't their money. They spent the citizens' money, so no problem
at 4:55 they split the profit with the one guy. so at least they made some of the money back
Murica is that kind of kid who always acted like a spoiled brat in the past and everyone thought its just a phase but it wasnt and now its a grown ass narcissistic sociopath murderer :D
President: execute order 6102
Coin collectors: **gets shot**
JFK: issues the Executive Order #11110 on June 4, 1963, empowering the Treasury Department of the US to issue the United States notes (NOT the "Federal Reserve notes") without permission of the Fed; hence the government didn't have to pay debt interest to the Fed.
Also JFK, soon after issuing that Order: *gets shot*
(now guess why he has been assassinated).
@Venky Wank Nope. i.pinimg.com/originals/2c/a5/d0/2ca5d0712c74b9a7c3920d06000c2e9f.jpg
But at the top of the note it was written not the "Federal Reserve Note", but "United States Note" (as shown at the image above).
@@creounity I mean, the Cuban Missile Crisis had also happened during his presidency, but I guess we'll just ignore that.
@@creounity Pretty weird that JFK would get shot in 1963 over delegating a power he already held from the Gold Reserve Act of 1934 to issue silver certificates to the Treasury Secretary during a transition away from a silver certificates. And sure, they were transitioning away from silver certificates towards Federal Reserve Notes, but the president was authorized from the same Gold Reserve Act of 1934 to establish the gold value of the dollar by proclamation, and which was the exchange rate that all the way until 1971, foreign governments were allowed to trade dollars for gold. So that the value of the dollar had been backed internationally by gold for another 8 years, even if they were not gold certificates that you could just trade in for gold.
Master Coinwalker, there're too many of them, what are we going to do with the coins?
Technically the executive order didn't make owning all gold coins illegal, a loophole added by Treasury Secretary Mellon as he was a coin collector. Anyway a comparable example is the 1964-D Peace dollar, over 300,000 were minted and then melted with none saved, but rumors claim that a few are out there.
This is the most petty thing I've ever heard. Just let the coins go.
B23
The mind matures faster at the age of 23 , an is continually maturing there after , making it unlawful for Governments or Monarchs or people of the country or religions to take such people under the said age of 23 and form a Military Force or army. Children are not human sacrifices. Good Health to you all. Catching the wind ? Catching the wind on the Twilight B101 . Catch up here with prophet, and profit. In addition to the age requirements for any form of Military Force (offensive/offense) at the more matured age of 23 until further wiser ; please vote for the drinking and smoking age to follow such age; while the disease and viruses ( or hay fever) are due to the practice of the present alcohol use. For There is room for argument , but its only concealing the heart. What is darkened . Therefore the argument is lost. Furthermore, no influenced or drug induced mind could possible have confidence or enough confidence in another to represent its being or well fare, the state of country or land , making thee incapable to vote under chemical influence or contamination . Please vote for drug testing for all voters , and such being the age of 23.Vote B23.We all thank you from the heavenly sky.
When such is understood , and not to be left out, are the facts about those who are in Collage , who the pupil best serves the country , principle an itself , than with a military force and should not be drafted or mandated to serve while in Collage or principle study . For principle protects the heart, heart land and people. Until further wiser.
So please Vote B23
Imagine caring this much about a few missing coins.
Yeah, imagine if that was your offices assignment for nearly over 70 years.
thats how greedy the system is, cant let someone get somethign that may lift them out of homlessness.
@@NightmareRex6 To be fair if you have the means to get a coin worth serval million dollars you probably aren't homeless
@@TempestTemple You may find it on the street, if you're extremely lucky. 😃
I know roght
Coin collector: “The secret ingredient is CRIME.” Also: slick Fenton the dog reference!
Oh Jesus Christ...
FENTON!!!
Jesus Christ Fenton
THE DEER HAS TO DIE !
Super hans
cybersquire czcams.com/video/neY6fGdMPQo/video.html
"Execute order 6102"
"Yes, my lord."
FDR: haha printer go Brrrrrr
Treasury: NOOOOO! YOU CAN’T JUST MAKE US PRINT MONEY! WE NEED GOLD TO BASE OUR MONEY ON!
FDR: *haha printer go Brrrrrr*
We can print money endlessly with nothing to back it up & just stay home. My TV & gov't said so.
Wasn’t it Nixon who took the country off the gold standard?
😛
@@lazymansload520 earlier
@@lazymansload520 Yeah, I'm late, but I noticed you didn't really get an answer. All Nixon did was end the government exchange of dollars for gold at a fixed rate which allowed the government to charge market value for any gold it exchanged. Simply put FDR was the one who killed the gold standard, and it was Nixon who drove the final nail into the coffin.
"Illegal to own"
"Except for that one guy who bought it legit, and it's the only one in circulation."
"circulation"
@@TorreFernand of course you beat me to it
As it seems, all 22 Coins are "owned legally" right now. Most by the collections of the government, but one by a collector who legally bought it.
The others were melted down and in that process "legalized" to own. So "was illegal to own" would have been the correct way to title the video.
If you possess the coin, then it means that you got it from somebody who got it from (etc.) who stole it, therefore you are guilty of receiving stolen property. If you were reasonably unaware that you had received stolen property, then you won't be charged with an offense, but the government is well within its right to confiscate it without compensating you, since your ownership of it was not legitimate.
@@sailordolly you missed the point. Every single owner of the surviving coins (US government, 1 private collector, and American numismatists society) currently owns them legally.
Secret Service: "Ah crap, there's a very small handful of *coins* out there that didn't get melted down! Better create an entire team to go get them!"
440.00 dollars of coins= at least 4 guys every day for how many years? seems reasonable smh
Oh no! That guy is speeding! There's no need to stop him it's too expensive. OH no that guy over there is robbing a shop doesn't matter how much money is in the till anyway?
@@HypercopeEmia It's actually pretty common for the police not to bother to investigate some crimes, and to put fairly low resources into others. There is not enough money to conduct a worldwide manhunt for every jaywalker. The question is whether *this* crime requires *this* much investment
@@HypercopeEmia Oh no, that guy speeded in 1933 we need to melt his vintage car down and search the entire world for similar cars to melt down
And use taxes robbed from fools to do so.
It never ceases to amaze me how disgustingly, irresponsibly and wastefully petty the US government is...
Reddit moment
@@tylerlackey1175 No, normal fucking country moment. European countries don't spend millions of dollars invading Iraq.
🧌
It's ILLEGAL in America. The coin is not ILLEGAL elsewhere.
There's no such thing as universal legality...
@@wrxwrx Something can be illegal under a given law and laws depend on local legislatures.
Not exactly, the USA can still claim it's their property in another country, but I'm pretty sure it would be subject to the other countries laws and diplomatic choices than the USAs
True. But, an important part of the US Treasury Dept's argument was that these coins were stolen property, and belonged to the US government. But, there's LOTS and LOTS of stolen and taken/misappropriated property in the world--some of the best examples are in museums.
@@carsonfujita-turnbull4549 They can claim. But making a claim does not make it so.
"How petty are you?"
"I spent 70 years and thousands of man-hours and dollars to track down 20 coins someone sole from me at the beginning of Wold War II."
Bruh ww2 started in 1939 not in 1933
@@plantshark770 depends what event is used to classify the beginning
@@plantshark770 yes....it started in 1939 and so to date , 80+ years have passed
@Nigel Lush no, he's right. WW2 varies from who you ask and what you set as the starting event. If you consider the Japanese invasion of Manchuria as the start, then it's 1931. Or the Italian invasion of Ethiopia in 1935. The Japanese invasion of mainland China began in 1937. There are plenty of other events as well. The most commonly agreed upon event that officially began WW2, however, is the German invasion of Poland on September 1, 1939.
@@plantshark770 31 when japan invaded China.
US Government after creating a coin: “This coin is completely legal currency”
US Government a few years later: “jk this coin is illegal”
Did you even watch video? The coin is illegal to own because it was *STOLEN* Stealing something does not make it legal to own.
Michael Inocente it was legal currency but they never actually released it to the public so Clyde IS right
69 years later (nice), this one coin is now legal currency, but we need $20 to make that happen.
I'm more fascinated by their determination and will to throw extreme effort (and presumably tons of money) on something as inconsequential as tracking down some 20 coins.
@@amunak_ weighing 30 grams of gold, they are worth $1,700 in gold value alone
This America guy's probably pretty poor, chasing after 20 Dollar coins like that...
I died when they showed b-roll of a dog at the mention of "Fenton"
3:30
two were given to the Elves
9 were given to Man
10 were given to the Dwarfs in their mountens
but they were all deceived for ther was an other one .....
It was three rings for the Elves, seven for the Dwarves and nine for men but who's counting, right? :P :P
@@juanjan__ Well, they are gold coins, not rings 🤪🤪🤪
@@thomasraahauge5231 Oh right... I've been a fool....
WTF happened to that there 3rd line boyo? "Dwaws in mountens"???
MusikCassette in the land of egypt king ferruk had bought another one so powerful it could controll them all
"It's illegal to own this coin!"
"The US Government gave an export license"
Wouldn't that make the coin legal?
That's y it wasn't confiscated
Not exactly, it just means the person in question didn't know that it was illegal. The customs official made a mistake.
@@OtakuUnitedStudio There are certain cases where a government official's mistake is enough to make it so you can't be prosecuted. For instance, if a cop tells you that you can cross the street in a particular spot, and you do, but get arrested for jaywalking by some other cop, you can basically argue that the government tricked you (intentionally or not) into breaking the law. It's called entrapment by estoppel (which is only tangentially related to the better-known concept of entrapment). Now whether that was the collector's argument here, I have no clue.
@@TamzinHadasa that was the exact argument infact they argued the export license made it legal to own
drumset09 When The Government Seen How Much "MONEY"....Faruk Want To Pay For Coin Government Say "LEGAL TENDER"..... Certificate Issued..!!!!!...."POOR" People Want To Get Rich..... Government Say "ILLEGAL" STEAL MONEY BACK FROM POOR PEOPLE'S PLEASE....!!!!!..!😂😂😂😂😂🤣🤣🤣🤣😂😂😂😂
Andrew Gray wrote a book (Legal Tender) featuring the double-eagle coin, which really explained the whole thing, including how the coin in contention in this work-of-fiction could be declared legal, since it was (accidentally, but with the correct paper trail) handed out in change for gold that was turned in! A fascinating story!
I love this guy's quick, sarcastic, deadpan humor.
And that's how taxpayer's taxes are wasted by the government.
Does it even surprise you anymore?
They did get $3.795 million out of selling the last coin.
They sent a task force to track down a collector with the coin, and after a lengthy legal battle agreed to sell the coin to another collector and split profit with the first collector. Wtf is the point there
fE F because they spent fiat money. Meaning the cost was just paper. Today we are working in a system that give us back paper. When that system fail, nothing matters but the gold. An ounce of gold in 1971 was pegged as $35. Today the same ounce is $1800. Gold is constant, only the dollar lost value. They traded nothing for something. We are taught to think gold is worthless today, but in reality gold is the real money. No effort is a waste when it comes to collecting every ounce of gold. Because when the fiat system fail, gold is the real wealth. Watch what they do, not what they say.
I doubt the Secret Service had teams dedicated to just those coins, more likely they were just an additional case to their regular counterfeit hunting mission
It’s only illegal if you get caught.
Daniel Newell yeah I would just keep the coin knowing that the USA government will never get it as I wouldn’t try sell it anyway
Daniel Newell 👀
That's literally how crime works.
No, it's still illegal regardless
@@pawpatrolnews
the joke
.
.
.
.
your head
There are no illegal coins, only illegal governments.
If it were mine, you would never know if I had it in my possession. Also if one comes across a treasure one does not tell another about it.
Then what's the point of having it? It isn't like it's a work of art that's super nice to look at, it's a bragging item.
@@bobbyfeet2240 No, it's an investment item. That's why collectors collect.
Great video. When the one sold at auction for $7.59 million, there was then a $20 charge to make it a legal tender coin; in auction records it often shows up as $7,590,020.
I’m a numismatist and have a collection of over 500 gold coins and it still gave me goosebumps when you talked about this coin.
damn bro you stacked with cash? If you do truly have over 500 gold coins you have to be dummy rich because gold coins are, believe it or not, super fucking expensive.
Crazy how Any day the government might ask for your gold and give you paper compensation
@@LL-ph5si well, You'd be surprised, they're expensive, but not just because they're gold. Canada made a few that where gold *plated* for instance. And while rare in the states, they're comparatively cheap. Even still, 500 gold coins of varying style and rarity is going to be more then enough to buy a decent house in many parts of the US.
Gold plated proofs are sold on TV for $50 or less, too. Which I've been tempted to go for just because they look nice on a shelf and I'm not out thousands of bucks if one gets lifted.
500 gold coins? you rich?
The unicorn of coins. I like to believe there is some in every nice collection that only the favorite kid learns about in a death bed confession.
The big bummer will forever be how I refer to the Great Depression from this point forward
Ok, the last air bender reference gave me a chuckle... good job.
I knew it all along. He's a criminal. I mean normal people don't talk about aeroplanes that much, normal people talk about bricks
Yeah, normal people talk about bricks.
I do
@@OtakuUnitedStudio exactly my point
never a truer word said
“Let me show you the most illegal thing I own”
No
Looking for this comment
I have a bald eagle feather I picked up at a wild bird rehabilitation center. It's a felony feather.
Yes go ahead, i wont tell
I have 3 grams of weed in my sock drawer for my depression. “BOOM” “BOOM” “DEA OPEN UP”
i was just about to say that we in Egypt had this coin. My dad had seen it (as he is a numismatist) and your video just told about it :D
I appreciate that you put a video of a dog running in a park for the name “Fenton”
Whenever HAI talks about illegal things I half expect him to talk about bricks at the start of the video.
Bricks?
dfgdfgdfg dfgdfgdfg reference to an earlier video where he started the video talking about bricks as a joke way to hide it from the government
It wasn't illegal, though, just secret.
@@shannonmikko9865 What's the title/ link?
Edward czcams.com/video/QqEuO5im1nA/video.html
Imagine if the guy who bought the last coin then spent it as a normal $20 coin
*oof*
Theodore Budgen normal?
I don't know of any $20 coins that would be normal
would make sense.. sinse the "guy" who paid over $7million for a $20 coin, sounds really stupid.
Legend says he used it to buy a diet coke from a vending machine and didn't get any change.
*"It is **_expressily_** forbidden and 100% unlawful for the US government to have **_any_** US currency that is **_not_** backed by the standard issuance of gold and there can never be issued any new law which may, in fact, reverse this most fundamental of constitutions."*
*- US Founding Fathers*
Indeed.
Imagine thinking the constitution means squat. The government can and will fuck with it however they please, as much as they think they can get away with.
If we went back onto the gold standard, foreign countries would make a run on our gold reserves so fast, it would spin your head, then, the cat would be out of the bag and Everyone would find out that America doesnt have enough gold to back its currency, so the next thing on hand to barter for U.S. debt would be.... LAND. Wanna go there? The next thing would be people.
@@Winasaurus YES, Correct!!! That's _exactly_ what they do, and _have been_ doing for at least the last century since the creation of the satanic Babylonian federal reserve system! Governments & pigs _all_ trample on top of the constitution, as well as judges and even those of who are supposed to totally _protect_ the constitution - the Supreme court Justices - They're ALL corrupt to the bone, and will only every now and again give us a bone just to keep us temporarily happy for a while because, at the end of the day, they all know that we're all dumb, numb and stupid and will rarely, if _ever_ demand that we stand up for our inalienable rights and also demand that all government officials, including the judges and the pigs to protect and serve the constitution... hence why they will get away with almost anything and everything!!!
@@Rink03 But at the end of the day, all of the country's assets belong to the people, _not_ the government, _not_ the federal reserve, _not_ the treasury, _not_ the internal extortion service, none of every single last cent of each & all of the assets belong to us... NOT THEM!!
This sounds like a video game quest/achievement.
“Collect all 22 1933 double eagle gold coins and return them to the original maker.”
The way the coins were stolen is hilarious. A worked took a dead rat with him to the mint and stuffed it full of Double Eagles, dropped it out the window knowing no one would pick up a dead rat and at the end of the day collected it.
I'm a coin collector, and while I know absolutely nothing about coins, I love them, and let me tell you, I was on the verge of tears when you said they melted those coins. Like, I get the reasoning, but they're so rare! So important! Why did they have to be destroyed? :'(
"Because f**k you, that's why." - US government, probably
I’m not a coin collector, but it still physically hurt me to hear that they destroyed something of such rarity and historical value
Because government is collectivized, weaponized, distilled, malicious stupidity.
4:44 that Fenton joke is high brow culture
Using the dog stock video for Stephen Fenton is brilliant. A very subtle reference.
FENTON!!!
US government: let’s hunt down these coins cause they’re too valuable
Also US government: makes those coins even more valuable
I'm sure those secret service resources could have been better used elsewhere. What was their main purpose again? Were they successful in their job later on?
I fear no man, but that...
*person with $20 coin*
that scares me.
Joey M Shire... Baggins!
Joey M czcams.com/video/neY6fGdMPQo/video.html
But that person is a man!
Joey M No need to be scared if you own one, love it look at it, then melt it down for its Gold content and sell it..!!!😂😂😂🤣🤣🤣😂😂😂
Love that Mehmed referrence XD
@1:45 Not exactly - thanks to something called _fractional reserve banking_ the USD is currently backed by... _itself._ The way it works is, for every hundred dollars in circulation, there are ten physical dollars in a bank somewhere.
Showing that dog running through the grass field when you said the name Fenton was a stroke of genius
Best joke I love it
Deceit lurks like commercials around an in every play selling its lies, and fantasies are a resort from life that don't last. The sick ask for donations in its kingdom behind walls and divide others into camps (divisions, pavilions or reservations), who of, put up fences dividing themselves from another; an its all just testing, giving its health up for materialism. Waiting for someone else to change, waiting all its life never making a difference on a wave never starting one. It may not be ones fault, but we have a responsibility to each other, we don't kick another when its down or mock one another at its faults, but we helps each other evolve, and gifts make a nice peace offering, but its a bribe for peace, who are indebted to each other at war for on its time; that peace isn't found with another but in oneself...
US government: No you cant sell that coin at auction it is illegal!!!
Coin collector Fenton: Ill split the profits with you.
US government: Haha illegal coin sale go Brrrr.
Not funny; didn't laugh
@@MrTimy06 funny, did blow air out of nose
r/unexpectedbrrr moment? Yes, that is a thing since May 12th.
That’s not right! The people who found the 10 coins took it to court and they lost so how does this British collector get to sell his and keep half the profits and some unknown person gets to keep the coin?? The people who owned the 10 coins should have gotten the same deal. Govt sucks
@@ypcomchic obviously selling one is priceless selling ten is not. (If you have the only one in the world vs 10 in the world the value drops drastically and by in the world I mean not owned by the US government)
NOOO YOU NEED GOLD TO BACK UP MONEY
Haha money printer goes brrrr
I can't hear you over the sound of me not caring
Wren Wren Then why did you make this comment?
I see we have an avid r/dankmemes user
One of the worst things the US government has done.
Every fiat currency has failed, the dollar will be no different.
Also some 1933 eagles ($10 gold) were legally released. They're very rare with maybe 30 known but okay to own. Also the 1913 Liberty Head nickel--5 known--were illegally made and sold but the feds have never made a fuss about them. The differences are that coin was never authorized and it's too late now, but arguably it could be confiscated too.
I once found a roman coin dated 671 BC but when I tried to sell it, I was told it was worthless.
"NOOOO you can't just have the entire American currency system backed up by nothing!"
Nixon: haha money printer go brrrrr
Uh, it was Nixon that unlinked the gold standard from currency.
And technically the fed is independent so it should really be the fed chair
Even a completely fiat currency still needs to keep inflation at bay, or it loses trust and collapses. They are too smart to allow that.
@@polokan Shows me for not paying attention. Thanks.
Doest my dollar still buy a honey bun?
1:40 does this mean that I can go to a bank and ask to withdraw apple pie in exchange for my money?
Jaden Schalck Yes, this is a little known life hack.
Yes, but they contract that service out to your local bakery, and they will probably just redirect you there
Usually they give you Dreams instead
@manuel hernandez will you accept pumpkin pie?
nah you have to go to a bankery...
I have been enjoying Wendover Productions for some time, and this channel is a lot more than half as interesting.
4:37 when the world needed it most, it vanished....gave me proper avatar vibes...
When America’s economy completely crashes causing thousands to go homeless and starve: Big Bummer.
Thats what im saying, this guy lost ALL credibility for saying this... it WAS and IS still called the great depression
Adam S no sense of humor....also nvm the fact he did mention the known name... shame on you...
@@adams2280 sensitive much?
4:35 " and when the world needed it most, it vanished."
100 years passed and my brother and I discovered the new Avatar, an Airben-
Ok I'll stop 😋
An air bender, isn't that just a fancy word for someone with gastro-intestinal issues?
Lmao I was literally scrolling down if any other Atla follower had noticed the reference
@@thegameproyect720 😁
@@thegameproyect720 same here 🤣
Finally someone noted the Atla reference ... #Orderofthewhitelotus
Just read the book "Illegal Tender", amazing.
I am so overjoyed that the clip behind "Stephen Fenton" was a dog lol
FENTOOOOON
Coin: Exists
Person: picks up coin
POLICE PUT UR HANDS UP YOUR GOING TO JAIL
@@ommsterlitz1805 we know who the party pooper is the only reason you were invited is because every party need that one person who is a party pooper party pooper party pooper and that's you 😂
Did you even watch video? The coin is illegal to own because it was *STOLEN* Stealing something does not make it legal to own.
Michael Inocente why are you copying and pasting this comment everywhere?
@@Michael_Chater Hmm, do you really trust someone who has the word Potato as part of their name?
@@ommsterlitz1805 Every party needs a pooper that's why they invited you. Party pooper. Party pooper.
Somone: has this coin
U.S Government: *Wait that's illegal*
Did you even watch video? The coin is illegal to own because it was *STOLEN* Stealing something does not make it legal to own.
@@pawpatrolnews I don't know where you are From, but I Think here in Germany that's different. I think it's about like that: Let's say I steal your bike, then sell it to my friend Who doesnt know it's stolen, then he becomes the Owner although I, the seller, wasn't the Owner because the buyer didn't know it was stolen. The buyer is legally the Owner and the Owner the object was stolen from can do nothing against it. That's at least the case for movable objects. Of course if someone finds out that you stole from them you still have to Pay a fine, so no valid Business tactic.
@@y33t23True, but I think here in the U.S. the person who buys stolen property (even unknowingly) still is required to give it back to the person it was stolen from. They can go after the guy that stole it to make him give back the money.
@@y33t23 Yes, every Jew whose ancestral wealth was stolen by your government of the 1830s and 40s knows this.
@@pawpatrolnews Not only that, but it's actually often a felony to even unknowingly buy stolen property (and definitely a felony if one knew the object was stolen). The main exception is if the person did his/her due diligence and everything seemed to be in order - but actually wasn't. Still, though, the buyer is required to return the item to the original owner, and is often out of luck financially.
Watching you say brrrr and they pop up was so satisfying
Imagine being a collector and hearing;
"the only coin of 22 that is legal to sell and own made in the year of the great depression"
expressvpn ad : "I have used expressvpn for years"
nordvpn ad : "I have used nordvpn for years"
hmm
This boi so protected he dont exsist
You're dreaming, please, wake up
He's using ExpressVPN on top of NordVPNto hide that he is trying to sell the 22nd Double Eagle
double vpn lol
@MinecraftPro15 what on earth is i.kym-cdn??
@MinecraftPro15 yes, but a lot of websites on adfly use a similar type of url, so i was a bit suspicious.
As a numismatist, I would love to see more stories behind numismatics and coins like like US colonial era coins before the US Mint existed, or the Mint cabinet robbery of 1858.
Or the Ice Cream Dime of 1894!
1964D Peace Dollar, similar trajectory
Theoretically, does a *replica* of this coin exist that could be purchased legally? (Certainly it would have to be made from different materials if it does exist in replica form, I imagine.) I'm not a coin collector, but I'm into history, and it'd be neat to get a replica as a souvenier as long as it wouldn't cause legal problems for me.
Everyone: The great depression
HAI: The big bummer.
Me: The big sad.
'Merica said -- I HAZ A SAD.
There is a fantastic book about this coin titled, “Illegal Tender: Gold, Greed, and the Mystery of the Lost 1933 Double Eagle” authored by David Tripp.
Thanks. Just ordered it. Got to wait a month for it to cross the pond though as there’s no U.K publisher.
“Double. Eagle. It’s a series of words that means nothing to most people, but that inspires fantastic emotions in a very particular group of individuals.”
Golfers: 😺
What about albania ?
Also people looking for a new band name.
I thought Double Eagle was a balloon.
@@lolmanboss And Poland, or Russia, etc...
Isn't that an albatross if you get -3?
I remember I learned the word "numismatic" from the dynamo in the Thermal Expansion mod for Minecraft
As a coin collector I immediately knew what you were talking about. I dream about holding a 1933 double eagle before I die
The "Fenton" joke, I'm dying
😂
Levi For Waifu Fenton’s legacy lives on.
Wait a minute, you're from let the commies hit the floor video
Oh, jesus christ! Fenton!!
First class.
That did make me smile, I wondered how many spotted it.
I'm glad I'm not alone.
0:40 why does the music in the back sound like i'm being rick rolled?
Executive Order 6102 was probably the greatest heist ever pulled off, and had people not been starving and desperate, there would of been violent resistance.
It certainly ranks up there, but there might be some others - like Nixon taking the dollar off the gold standard, and the establishment of the Federal Reserve in 1913 (among other instances) that might be bigger.
Imagine if you will you wake up one morning in your home to the sound of someone knocking on your door. You have a major hangover from a night of heavy drinking yesterday and slowly make your way out of bed, slip on your slippers and bathrobe, grudgingly walk towards your door, answer it and get arrest for being the owner of a coin from 88 years ago.
I think it's safe to assume that there is a very likely possibility some of these coins do still exist in private collections, but the owners aren't stupid.
Excellent idea and I hope it’s true, but aren’t special coins like these counted?
Ah yes, when FDR literally said to steal all gold that was legally owned by citizens if necessary. Or give them fractions of pennies on the dollar for what it's worth and forcing them to accept. So technically not stealing, even though it is, just not in a court of law.
And I guess the secret service didn't have anything better to do than enforce corruption. At least they are consistent in their priorities.
Lol us really took a note from USSR on this one xD
The goverment can do this with anything too
If you own a house and the goverment wants that land, theres nothing you can really do about it
@@dinoblacklane1640 While true it is important for the government to have that kind of power otherwise individuals who answer to no one would be able to absolutely decimate the public good, imagine if JP Morgan bought a strip of land down the entire middle of the US and refused to let the US buy it for a reasonable price to build the interstate. It is important to make sure people are very fairly compensated in these scenarios but it is not a bad thing the government can prevent people from causing massive problems.
@@Outwardpd ...you're really trying to defend the goverment straight up stealing from people
...what is wrong with you?
I love your sarcasm and references to Avatar!
"hey we were kinda wondering if we could maybe have our coin back?" "NO"
4:37 "When the world needed it most it vanished" #ATLA
You should do a colab with the guy from Wendover. You both have the same sense of humour and would make great content!
They even sound kinda the same!
how would we tell the difference between them?
@@equaius893 One would be half as interesting as the other.
I am wendover
And i am HAI
ANd wE ArE NOT tHe SaME PeRsoOOOOOooON
Equaius one would talk directly about planes while the other one would reference them indirectly at every chance
I have some and will keep them to use when needed in the future.
Wow. 4:45 cool callback for Fenton the dog. Thought that particular viral was only a British obsession.
The Feds did not want to test the illegality of the coin in court, so they cut a deal with the owner That is how the 50-50 deal resulted. I have been waiting to see the Farouk double eagle displayed at a coin convention. For us coin collectors it is like the holy grail.
nobody:
king Farouk:
do you wanna see the most illegal thing I own
Who will win?
The money he siphoned from the Egyptian treasury
Or
One gold boi
Was that first said in vsauce? 😂
1:36 Like dragons are going to be stopped by that.
wondered where he got that coin, thanks
"Stephen Fenton"
*Shows a Labrador*
Nice touch...
@Omar Farooq look up "fenton" on youtube
Came looking. Found what I was searching for. Surprised more people didn’t pick up on it!
But I suppose it was a number of years ago now. Maybe we’re just old!
1:41 "and now the US dollar is backed up by nothing but trust, apple pie, and the American Dream"
so basically just trust and apple pie?
Just apple pie
If its Apple pie, Jason Biggs already fucked it....
It's all a joke, when it's taken from us, you'll know why! Cause we never had it
Even when not on gold standard anymore the US Dollar still king of currency. Official currency in Cambodia along with the Riel & unofficially same in a few other countries + Most international illegal activities, oil & no matter where you go in the world nearly everyone knows the Local dollar extrange rate. Sterling or the Euro is nowhere near it's power in that regard
John Chessant ...
So the sale allowed at auction legalized that one coin for personal ownership? And if you have alot of gold, can the fed still take it from you and if so, do you get fair market value, or are you sol?
Good use of the dog when mentioning Mr. Fenton.
4:39 "when the world needed him, he vanished" Avatar flashback 😂
Why can’t they just let people have their fun? Just tell people, “these coins are not legal tender.” Why did they have to melt them down?
You’re actually serious, aren’t you?
They were worth millions, they're literally antiques, and they didn't want them in circulation since the start
Maybe because there're rules. I mean, you can't be having rapists ans serial killers running around just because they're having fun.
@@chaniibak7702 I understand that it is illegal, and I think Dwayne here is clearly confused as to what exactly happened. I don't thing stolen coins compare at all to rape and murder.
You ppl are the wprst type of ppl. Each ome of you
Kind of off topic but i once spilled a bunch of old pennies on the floor but the thing is, my floor was the color of the pennies. The pennies included a 1922 D wheat penny and i never found it again
Made it go, "brrrr!" You don't know HOW giddy that made me!! 😃🥲Interesting content and beautifully portrayed. Bravo!! 🤗👏👏👏👏🤌
With ExpressVPN, they will never know that you were smuggling these gold coins to your secret stash
alternative title: why the government is almost useless except for finding coins
Funny thing is relative value of gold is also held up with little more than trust and the rest of that kinda stuff.