
In the United States, it is generally legal to own gold coins, but there is an exception.
1933 Double Eagle
This $20 gold coin is illegal to own because it is considered stolen government property. Although the U.S. Mint produced 445,500 of these coins in 1933, they were never released into circulation due to the Gold Reserve Act of 1934, which prohibited the private ownership of gold. However, some coins were smuggled out of the mint and have ended up in the hands of collectors. The U.S. government has seized most of these coins over the years, but a few may still be in private collections. If any of these coins were to surface, they would likely be confiscated by the government. The only exception is the Weitzman Specimen, which is legally owned.
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