PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V8 2005 INDEX
E-SYLUM ARCHIVE
The E-Sylum: Volume 8, Number 37, August 28, 2005, Article 6 1933 DOUBLE EAGLE ARTICLES I'd been surprised that the popular press hadn't picked up more on the story of the ten "recovered" 1933 double eagles. Aside from the one New York Times story, I'de seen nothing outside of the hobby publications. But this week (August 25) the Philadelphia Inquirer picked up on the story, attempting to interview Joan Langbord, who now runs her father Izzy Switt's antique and jewelry shop on South Eighth Street. "Standing behind a counter in her shop, 75-year-old Joan Langbord yesterday agreed that there was a fascinating story in the disputed double eagles that her father had, but she declined to tell it. "I have nothing to say, sir," she said. "Until this is resolved, there is nothing I can say." Berke also declined to provide any details about when and where the coins were found, except to say that the discovery was "recent." Berke said Langbord and her son, Roy, voluntarily notified the Mint in September of the discovery of the coins." "Switt was a cantankerous man who ran a cluttered shop filled with antique jewelry and silver table pieces. He was described in his 1990 obituary as the "dean of Jewelers' Row," a short, roly-poly man who wore cheap suits, kept a messy shop, and disliked bothersome customers so much that he kept a "closed" sign on the shop door during business hours. But he was considered a master at his trade. Other jewelers, describing Switt after his death, said that amid the clutter in his store were the finest diamonds, sapphires and other jewels in the city. Switt started in business in 1920 and kept working until shortly before his death at age 95. He traded heavily in gold. He cultivated relationships with people who worked at the Mint. And that is how, according to the Mint, he obtained a cache of double eagles in February and March 1937, shortly before the coins were reduced to bullion." To read the full story, see: Full Story The same day the Associated Press came out with their own article: "The Mint contends Switt obtained a cache of the gold coins from his connections at the Mint just before they were to be reduced to bullion in 1937. Switt admitted in 1944 that he had sold nine Double Eagle coins, but he was not charged in connection with those transactions, according to the Mint. The family attorney said the coins were found recently, and Langbord and her son, Roy, notified the Mint of the discovery in September. Mint officials asked to authenticate the coins, then confiscated them after doing so, Berke said. He contended Langbord and her son never relinquished their right to the coins." To read the full story, see: Full Story David Tripp was interviewed on National Public Radio Go to the following web page and click on "Listen" to hear the interview: Interview [Let's see now: they're among the most rare and valuable U.S. coins in existence, but they're illegal to hold. The Secret Service had come calling for them in 1944, and these ten have been hidden ever since. The Sotheby's auction catalog and David Tripp's book came out and reminded the world that Switt once had these coins. And the family just accidentally "found" them? Barring evidence to the contrary, the story just might hold water in court, but this will get interesting, folks. Who here thinks it's just a coincidence that these coins were "found"? -Editor] Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
PREV ARTICLE
NEXT ARTICLE
FULL ISSUE
PREV FULL ISSUE
V8 2005 INDEX
E-SYLUM ARCHIVE