Unearthed Gold Coins Belong to Uncle Sam

05 Sep 2012 12:57 PM | Anonymous

Unearthed Gold Coins Belong to Uncle Sam
By ADAM KLASFELD
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     (CN) - A federal judge awarded the U.S. government ownership of 10 rare gold coins valued at roughly $80 million that have been missing for decades.
     The 1933 Saint-Gaudens double eagle, named after its designer Augustus St. Gaudens, is "one of the most sought-after rarities in history," according to the U.S. Mint.
     Though the double eagle was originally valued at $20, one such coin that belonged to King Farouk of Egypt sold for more than $7.5 million at a Sotheby's auction in the summer of 2002, making it the most valuable coins ever auctioned at the time.

http://www.courthousenews.com/2012/09/04/49923.htm

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