Israel Switt a Philadelphia jeweler losses $80 million in 1933 Double Eagles to US government! The coins where stolen! On July 20, 2011, a federal court jury ruled in favor of the government in its seizure of ten 1933 Double Eagle gold coins that had never been circulated by the U.S. Treasury. The coins had been in the posses-sion of the family of Israel Switt.
This case concerns the rightful ownership of ten (10) gold coins minted by the United States Government here in Philadelphia almost eighty years ago. The coins in dispute, produced by the Philadelphia Mint in 1933, are $20 gold pieces known as “Double Eagles.” Famed sculptor Augustus Saint-Gaudens designed the Double Eagles at the behest of President Theodore Roosevelt, and the coins are still considered among the most beautiful ever crafted by our country. According to the Government, no 1933 Double Eagles were ever lawfully issued to the public; the vast majority were melted down and formed into gold bars following the Gold Reserve Act of 1934. Nevertheless, some managed to escape the Mint. In the 1940s, the Secret Service traced the leak to George McCann, a Philadelphia Mint cashier, and Israel Switt, a coin dealer and the proprietor of a local antique store.
To strengthen the multilateral sanctions regime with respect to Iran, to expand sanctions relating to the energy sector of Iran, the proliferation of weapons of mass destruction by Iran, and human rights abuses in Iran, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
S. 2101 Date: Sep.18.12 Rating: 2.00(2)
Washington, D.C., Aug. 31, 2012 – The Securities and Exchange Commission today issued an alert to strengthen compliance with a Municipal Securities Rulemaking Board rule that limits political contributions by municipal securities professionals to campaigns of public officials of issuers with whom they are doing or seek to do business.