Why This Coin is Illegal to Own

Music by Epidemic Sound

[halfasinteresting]

(t-shirts ship out about once per 2-3 months, so if you've submitted a topic, see it uploaded, and don't get contacted immediately, don't worry)

[remigiuszdarmach]

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"

[TheFvpss]

Imagine how much money the secret service wasted tracking all those coins.

[Hephaestus_God]

"No longer backed by gold standard"

*50 years later*

"Gimme that gold coin back, we need to melt it"

[Jixxor]

"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

[enoughofyourkoicarp]

"You're not allowed to hoard gold."
"Why not?"
"Because we want to hoard it."
"Understandable, have a good day."

[MusikCassette]

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

[cybersquire]

Coin collector: “The secret ingredient is CRIME.” Also: slick Fenton the dog reference!

[meef]

President: execute order 6102
Coin collectors: **gets shot**

[richardweil]

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.

[earlyej]

This is the most petty thing I've ever heard. Just let the coins go.

[OtakuUnitedStudio]

"Illegal to own"
"Except for that one guy who bought it legit, and it's the only one in circulation."

[thicktrash]

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.

[Rad-Dudeandathird]

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!"

[captainsinclair]

FDR: haha printer go
Treasury: YOU CAN’T JUST MAKE US PRINT MONEY! WE NEED GOLD TO BASE OUR MONEY ON!
FDR: *haha printer go

[Matthew_Murray]

So the US government said don’t worry your money is backed by gold and then proceeded to basically make gold illegal to own? That’s basically the same thing as having it backed by nothing if you can’t exchange it.

[XZenon]

"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."

[justinreed]

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.

[clyde]

US Government after creating a coin: “This coin is completely legal currency”

US Government a few years later: “jk this coin is illegal”

[jeanrodrigues]

"Execute order 6102"
"Yes, my lord."