A woman finds rare 1933 coins in her family’s safedeposit box. Can the US government confiscate them?
WHEN JOAN LANGBORD found 10 gold coins in a family safe deposit box in 2003, she knew she’d unburied a treasure. Langbord, then 75, had worked in her late father’s Philadelphia jewellery store her entire life, and she was fairly sure that the coins were 1933 double eagles. Designed by American sculptor Augustus Saint-Gaudens with Lady Liberty on one side and a bald eagle on the other, the 1933 double eagle is one of America’s rarest and most beautiful coins.
Although 4,45,500 double eagles were minted in 1933, each one valued at $20, they were never issued. Instead, 500 coins were held by the US Mint’s cashier, and the rest were sealed away in the agency’s basement vault. President Franklin D. Roosevelt had pulled all gold coins from circulation because people were hoarding gold during the Depression, depleting the Federal Reserve’s stash. The Mint ultimately sent two of the 1933 double eagles to the Smithsonian; the rest were melted into bars and stored in the just-built Fort Knox [US Bullion Depository] in Kentucky.
Denne historien er fra February 2018-utgaven av Reader's Digest India.
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Denne historien er fra February 2018-utgaven av Reader's Digest India.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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ME & MY SHELF
Siddharth Kapila is a lawyer turned writer whose writing has focussed on issues surrounding Hinduism. His debut book, Tripping Down the Ganga: A Son's Exploration of Faith (Speaking Tiger) traces his seven-year-long journey along India's holiest river and his explorations into the nature of faith among believers and skeptics alike.
EMBEDDED FROM NPR
For all its flaws and shortcomings, some of which have come under the spotlight in recent years, NPR makes some of the best hardcore journalistic podcasts ever.
ANURAG MINUS VERMA PODCAST
Interview podcasts live and die not just on the strengths of the interviewer but also the range of participating guests.
WE'RE NOT KIDDING WITH MEHDI & FRIENDS
Since his exit from MSNBC, star anchor and journalist Mehdi Hasan has gone on to found Zeteo, an all-new media startup focussing on both news and analysis.
Ananda: An Exploration of Cannabis in India by Karan Madhok (Aleph)
Karan Madhok's Ananda is a lively, three-dimensional exploration of India's past and present relationship with cannabis.
I'll Have it Here: Poems by Jeet Thayil, (Fourth Estate)
For over three decades now, Jeet Thayil has been one of India's pre-eminent Englishlanguage poets.
Orbital by Samantha Harvey (Penguin Random House India)
Samantha Harvey became the latest winner of the Booker Prize last month for Orbital, a short, sharp shock of a novel about a group of astronauts aboard the International Space Station for a long-term mission.
She Defied All the Odds
When doctors told the McCoombes that spina bifida would severely limit their daughter's life, they refused to listen. So did the little girl
DO YOU DARE?
Two Danish businesswomen want us to start eating insects. It's good for the environment, but can consumers get over the yuck factor?
Searching for Santa Claus
Santa lives at the North Pole, right? Don't say that to the people of Rovaniemi in northern Finland
