News about Coins

[jeff of pa]

The Flint Journal​

Sun, Jan 07, 1962 ·Page

 

[russau]

What right does the bank have to impound these $20. gold pieces from anyone? Why would his parents go along with this ? Would the bank be required to pay the interest on these coins since they held them ?

 

[robertk]

What right does the bank have to impound these $20. gold pieces from anyone? Why would his parents go along with this ? Would the bank be required to pay the interest on these coins since they held them ?

From 1933 to 1974 it was illegal to own gold coin in the US, with exceptions for collectors. But even with that, I don't know how/why the bank had any right to intervene.

 

[jeff of pa]

only thing I Can Figure is They Really Contacted the Police,
& the Police Directed them to the Bank for the best place for Safe Keeping
till the police relesed it.

Waukesha Should have had a Evidence room by the 60's
But Maybe there was a Trust Issue

Of course Maybe The Bank Didn't Take Them. maybe They Rented
a Safe deposit box on their own for a Year. just in case someone turned up

 

[jeff of pa]

only Article that Made its Rounds across the country was this in 1961.
nothing the year it was found unless they kept his name quiet

The Waukesha County Freeman​

Sat, Nov 25, 1961 ·Page 13