Joan Langbord found 10 Double Eagle gold coins in her father's bank deposit box after he died. Tonight, the federal government has confiscated those gold coins. The coins have a considerable value. One of the coins sold for $7.3 million in 1993.
A jury has decided that a set of rare gold coins found in a bank deposit box rightfully belongs to the U.S. government.
The decision, made on Wednesday, caps an unusual civil case that combined history, coin collecting and whether the set of rare $20 "double eagles" should have ever let the U.S. Mint in 1933.
Federal prosecutors had asserted that the coins never circulated when the country went off the gold standard. Most of the batch was instead melted down.
But Joan Langbord, the daughter of a Philadelphia jeweler, said she found the 10 coins in her father's bank deposit bank after he died.
She said that her father could have acquired them legally, perhaps through a trade of gold scrap.
So the next time you find something like this, it might be best to keep it to yourself. Obviously, considering gold prices in 2011, a single coin would be worth much more than $7.3 million.
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