SS Central America coins, ingots confiscated at Long Beach!!!

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Goldbu » Sat, 23 Sep 2006 15:16:42



This is pretty scary for the thousands of us who have bought SSCA gold.

http://thenumismatist-coincollector.blogspot.com/2006/09/ss-central-a...

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Halfse.. » Sat, 23 Sep 2006 15:29:19


The poster of the blog has a basic, absolutely incorrect assumption
about the confiscation of the material.  The lawyers for the sonar
company are not seeking all SS Central America material.  They either
mistakenly thought (or deliberately mistated to a judge) that Tommy
Thompson still owned those gold bars and coin that were seized.  Only
those specific items that supposedly were still owned by Thompson were
sought by the sonar company in the court order.  However, Thompson sold
and was paid for the items in that display years ago, and the items
have changed hands several times since.

A far better explanation about the seizure can be found on this web
site:

http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

-donn-

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Halfse.. » Sat, 23 Sep 2006 15:31:41


One more note.  There is a front page story in the October 2 edition of
Coin World that correctly explains the situation, and that it ONLY
involved those specific items in the display (as noted in my earlier
post).  -donn-
Quote:

> The poster of the blog has a basic, absolutely incorrect assumption
> about the confiscation of the material.  The lawyers for the sonar
> company are not seeking all SS Central America material.  They either
> mistakenly thought (or deliberately mistated to a judge) that Tommy
> Thompson still owned those gold bars and coin that were seized.  Only
> those specific items that supposedly were still owned by Thompson were
> sought by the sonar company in the court order.  However, Thompson sold
> and was paid for the items in that display years ago, and the items
> have changed hands several times since.

> A far better explanation about the seizure can be found on this web
> site:

> http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> -donn-

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by oly » Sat, 23 Sep 2006 17:00:03


Quote:

> One more note.  There is a front page story in the October 2 edition of
> Coin World that correctly explains the situation, and that it ONLY
> involved those specific items in the display (as noted in my earlier
> post).  -donn-


> > The poster of the blog has a basic, absolutely incorrect assumption
> > about the confiscation of the material.  The lawyers for the sonar
> > company are not seeking all SS Central America material.  They either
> > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > Thompson still owned those gold bars and coin that were seized.  Only
> > those specific items that supposedly were still owned by Thompson were
> > sought by the sonar company in the court order.  However, Thompson sold
> > and was paid for the items in that display years ago, and the items
> > have changed hands several times since.

> > A far better explanation about the seizure can be found on this web
> > site:

> > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > -donn-

Why does one feel that donnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn only has an
opinion about things where he has recieved a pourboire??? or will in
the future???

oly

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Goldbu » Sun, 24 Sep 2006 05:03:27


I read the Coin World article and the link from Donn's post. Both are
basically reflecting the views of Monaco Financial who believe the gold
was wrongly taken (obviously). But they don't currently have the gold
back either.

So Donn is simply restating Monaco's position in the Coin World article
and their website. Nowhere is the court order quoted as to the
reasoning behind the seizure, only Monaco's view of the issue. Donn's
stuff is all one-sided.

But don't get me wrong, Donn is probably correct that the lawyers for
the sonar company thought the gold belonged to Tommy Thompson. If that
is the case, then the gold will be returned fairly quickly and you will
probably see a big lawsuit against the sonar company by Monaco. A
pretty big bungle on their part and some pretty stupid lawyers don't
you think?

But until the gold is returned, don't you think it prudent to play it
safe? Even if I knew I would win in the end, I don't want anything of
mine held by a court while a lawsuit dragged out for years. You realize
this sonar company did the work for Columbus Discovery 20 years ago.
I'll probably be dead 20 years from now.

Quote:


> > One more note.  There is a front page story in the October 2 edition of
> > Coin World that correctly explains the situation, and that it ONLY
> > involved those specific items in the display (as noted in my earlier
> > post).  -donn-


> > > The poster of the blog has a basic, absolutely incorrect assumption
> > > about the confiscation of the material.  The lawyers for the sonar
> > > company are not seeking all SS Central America material.  They either
> > > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > > Thompson still owned those gold bars and coin that were seized.  Only
> > > those specific items that supposedly were still owned by Thompson were
> > > sought by the sonar company in the court order.  However, Thompson sold
> > > and was paid for the items in that display years ago, and the items
> > > have changed hands several times since.

> > > A far better explanation about the seizure can be found on this web
> > > site:

> > > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > > -donn-

> Why does one feel that donnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn only has an
> opinion about things where he has recieved a pourboire??? or will in
> the future???

> oly

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by oly » Sun, 24 Sep 2006 06:49:40


Quote:

> I read the Coin World article and the link from Donn's post. Both are
> basically reflecting the views of Monaco Financial who believe the gold
> was wrongly taken (obviously). But they don't currently have the gold
> back either.

> So Donn is simply restating Monaco's position in the Coin World article
> and their website. Nowhere is the court order quoted as to the
> reasoning behind the seizure, only Monaco's view of the issue. Donn's
> stuff is all one-sided.

> But don't get me wrong, Donn is probably correct that the lawyers for
> the sonar company thought the gold belonged to Tommy Thompson. If that
> is the case, then the gold will be returned fairly quickly and you will
> probably see a big lawsuit against the sonar company by Monaco. A
> pretty big bungle on their part and some pretty stupid lawyers don't
> you think?

> But until the gold is returned, don't you think it prudent to play it
> safe? Even if I knew I would win in the end, I don't want anything of
> mine held by a court while a lawsuit dragged out for years. You realize
> this sonar company did the work for Columbus Discovery 20 years ago.
> I'll probably be dead 20 years from now.



> > > One more note.  There is a front page story in the October 2 edition of
> > > Coin World that correctly explains the situation, and that it ONLY
> > > involved those specific items in the display (as noted in my earlier
> > > post).  -donn-


> > > > The poster of the blog has a basic, absolutely incorrect assumption
> > > > about the confiscation of the material.  The lawyers for the sonar
> > > > company are not seeking all SS Central America material.  They either
> > > > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > > > Thompson still owned those gold bars and coin that were seized.  Only
> > > > those specific items that supposedly were still owned by Thompson were
> > > > sought by the sonar company in the court order.  However, Thompson sold
> > > > and was paid for the items in that display years ago, and the items
> > > > have changed hands several times since.

> > > > A far better explanation about the seizure can be found on this web
> > > > site:

> > > > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > > > -donn-

> > Why does one feel that donnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn only has an
> > opinion about things where he has recieved a pourboire??? or will in
> > the future???

> > oly

My beef is that Donnnnn is probably a paid PR agent for some party in
this matter, and that he doesn't disclose the same - he wants us to
believe that he is just a "concerned" numismatist.  Since he left WBBM
news radio in Chicago several years ago, PR has been his main business
& he is probably spinning for somebody here.

oly

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Goldbu » Mon, 25 Sep 2006 04:16:59


Thanks Oly. I didn't realize who Donn was until you pointed it out. I
noticed that he took the photo that's used on the front page of the
Coin World article he referenced. A little more disclosure on his part
would have been nice.
Quote:


> > I read the Coin World article and the link from Donn's post. Both are
> > basically reflecting the views of Monaco Financial who believe the gold
> > was wrongly taken (obviously). But they don't currently have the gold
> > back either.

> > So Donn is simply restating Monaco's position in the Coin World article
> > and their website. Nowhere is the court order quoted as to the
> > reasoning behind the seizure, only Monaco's view of the issue. Donn's
> > stuff is all one-sided.

> > But don't get me wrong, Donn is probably correct that the lawyers for
> > the sonar company thought the gold belonged to Tommy Thompson. If that
> > is the case, then the gold will be returned fairly quickly and you will
> > probably see a big lawsuit against the sonar company by Monaco. A
> > pretty big bungle on their part and some pretty stupid lawyers don't
> > you think?

> > But until the gold is returned, don't you think it prudent to play it
> > safe? Even if I knew I would win in the end, I don't want anything of
> > mine held by a court while a lawsuit dragged out for years. You realize
> > this sonar company did the work for Columbus Discovery 20 years ago.
> > I'll probably be dead 20 years from now.



> > > > One more note.  There is a front page story in the October 2 edition of
> > > > Coin World that correctly explains the situation, and that it ONLY
> > > > involved those specific items in the display (as noted in my earlier
> > > > post).  -donn-


> > > > > The poster of the blog has a basic, absolutely incorrect assumption
> > > > > about the confiscation of the material.  The lawyers for the sonar
> > > > > company are not seeking all SS Central America material.  They either
> > > > > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > > > > Thompson still owned those gold bars and coin that were seized.  Only
> > > > > those specific items that supposedly were still owned by Thompson were
> > > > > sought by the sonar company in the court order.  However, Thompson sold
> > > > > and was paid for the items in that display years ago, and the items
> > > > > have changed hands several times since.

> > > > > A far better explanation about the seizure can be found on this web
> > > > > site:

> > > > > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > > > > -donn-

> > > Why does one feel that donnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn only has an
> > > opinion about things where he has recieved a pourboire??? or will in
> > > the future???

> > > oly

> My beef is that Donnnnn is probably a paid PR agent for some party in
> this matter, and that he doesn't disclose the same - he wants us to
> believe that he is just a "concerned" numismatist.  Since he left WBBM
> news radio in Chicago several years ago, PR has been his main business
> & he is probably spinning for somebody here.

> oly

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by oly » Mon, 25 Sep 2006 22:32:38


Quote:

> Thanks Oly. I didn't realize who Donn was until you pointed it out. I
> noticed that he took the photo that's used on the front page of the
> Coin World article he referenced. A little more disclosure on his part
> would have been nice.



> > > I read the Coin World article and the link from Donn's post. Both are
> > > basically reflecting the views of Monaco Financial who believe the gold
> > > was wrongly taken (obviously). But they don't currently have the gold
> > > back either.

> > > So Donn is simply restating Monaco's position in the Coin World article
> > > and their website. Nowhere is the court order quoted as to the
> > > reasoning behind the seizure, only Monaco's view of the issue. Donn's
> > > stuff is all one-sided.

> > > But don't get me wrong, Donn is probably correct that the lawyers for
> > > the sonar company thought the gold belonged to Tommy Thompson. If that
> > > is the case, then the gold will be returned fairly quickly and you will
> > > probably see a big lawsuit against the sonar company by Monaco. A
> > > pretty big bungle on their part and some pretty stupid lawyers don't
> > > you think?

> > > But until the gold is returned, don't you think it prudent to play it
> > > safe? Even if I knew I would win in the end, I don't want anything of
> > > mine held by a court while a lawsuit dragged out for years. You realize
> > > this sonar company did the work for Columbus Discovery 20 years ago.
> > > I'll probably be dead 20 years from now.



> > > > > One more note.  There is a front page story in the October 2 edition of
> > > > > Coin World that correctly explains the situation, and that it ONLY
> > > > > involved those specific items in the display (as noted in my earlier
> > > > > post).  -donn-


> > > > > > The poster of the blog has a basic, absolutely incorrect assumption
> > > > > > about the confiscation of the material.  The lawyers for the sonar
> > > > > > company are not seeking all SS Central America material.  They either
> > > > > > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > > > > > Thompson still owned those gold bars and coin that were seized.  Only
> > > > > > those specific items that supposedly were still owned by Thompson were
> > > > > > sought by the sonar company in the court order.  However, Thompson sold
> > > > > > and was paid for the items in that display years ago, and the items
> > > > > > have changed hands several times since.

> > > > > > A far better explanation about the seizure can be found on this web
> > > > > > site:

> > > > > > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > > > > > -donn-

> > > > Why does one feel that donnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn only has an
> > > > opinion about things where he has recieved a pourboire??? or will in
> > > > the future???

> > > > oly

> > My beef is that Donnnnn is probably a paid PR agent for some party in
> > this matter, and that he doesn't disclose the same - he wants us to
> > believe that he is just a "concerned" numismatist.  Since he left WBBM
> > news radio in Chicago several years ago, PR has been his main business
> > & he is probably spinning for somebody here.

> > oly

Donnnnnnnnnnnnnnnnnnnnnnnnnnnnn don't show up somewhere unless he's
getting paid or trolling for prospects.

oly

oly

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by oly » Wed, 27 Sep 2006 09:46:23


Quote:


> > Thanks Oly. I didn't realize who Donn was until you pointed it out. I
> > noticed that he took the photo that's used on the front page of the
> > Coin World article he referenced. A little more disclosure on his part
> > would have been nice.



> > > > I read the Coin World article and the link from Donn's post. Both are
> > > > basically reflecting the views of Monaco Financial who believe the gold
> > > > was wrongly taken (obviously). But they don't currently have the gold
> > > > back either.

> > > > So Donn is simply restating Monaco's position in the Coin World article
> > > > and their website. Nowhere is the court order quoted as to the
> > > > reasoning behind the seizure, only Monaco's view of the issue. Donn's
> > > > stuff is all one-sided.

> > > > But don't get me wrong, Donn is probably correct that the lawyers for
> > > > the sonar company thought the gold belonged to Tommy Thompson. If that
> > > > is the case, then the gold will be returned fairly quickly and you will
> > > > probably see a big lawsuit against the sonar company by Monaco. A
> > > > pretty big bungle on their part and some pretty stupid lawyers don't
> > > > you think?

> > > > But until the gold is returned, don't you think it prudent to play it
> > > > safe? Even if I knew I would win in the end, I don't want anything of
> > > > mine held by a court while a lawsuit dragged out for years. You realize
> > > > this sonar company did the work for Columbus Discovery 20 years ago.
> > > > I'll probably be dead 20 years from now.



> > > > > > One more note.  There is a front page story in the October 2 edition of
> > > > > > Coin World that correctly explains the situation, and that it ONLY
> > > > > > involved those specific items in the display (as noted in my earlier
> > > > > > post).  -donn-


> > > > > > > The poster of the blog has a basic, absolutely incorrect assumption
> > > > > > > about the confiscation of the material.  The lawyers for the sonar
> > > > > > > company are not seeking all SS Central America material.  They either
> > > > > > > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > > > > > > Thompson still owned those gold bars and coin that were seized.  Only
> > > > > > > those specific items that supposedly were still owned by Thompson were
> > > > > > > sought by the sonar company in the court order.  However, Thompson sold
> > > > > > > and was paid for the items in that display years ago, and the items
> > > > > > > have changed hands several times since.

> > > > > > > A far better explanation about the seizure can be found on this web
> > > > > > > site:

> > > > > > > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > > > > > > -donn-

> > > > > Why does one feel that donnnnnnnnnnnnnnnnnnnnnnnnnnnnnnn only has an
> > > > > opinion about things where he has recieved a pourboire??? or will in
> > > > > the future???

> > > > > oly

> > > My beef is that Donnnnn is probably a paid PR agent for some party in
> > > this matter, and that he doesn't disclose the same - he wants us to
> > > believe that he is just a "concerned" numismatist.  Since he left WBBM
> > > news radio in Chicago several years ago, PR has been his main business
> > > & he is probably spinning for somebody here.

> > > oly

> Donnnnnnnnnnnnnnnnnnnnnnnnnnnnn don't show up somewhere unless he's
> getting paid or trolling for prospects.

> oly

> oly

including here, apparently!

oly

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Goldbu » Sun, 08 Oct 2006 14:53:56


Apparently the poster of the blog had it all correct afterall. The
court order that allowed the seizure of the SS Central America gold
actually allows more to be confiscated. The gold siezed is valued at
approximately $10 million. The court order allows them to sieze up to
$11.8 million, so more could be seized. I guess Don was working to spin
this for someone afterall.

If you have SS Central America gold, I would hide it.

Quote:

> The poster of the blog has a basic, absolutely incorrect assumption
> about the confiscation of the material.  The lawyers for the sonar
> company are not seeking all SS Central America material.  They either
> mistakenly thought (or deliberately mistated to a judge) that Tommy
> Thompson still owned those gold bars and coin that were seized.  Only
> those specific items that supposedly were still owned by Thompson were
> sought by the sonar company in the court order.  However, Thompson sold
> and was paid for the items in that display years ago, and the items
> have changed hands several times since.

> A far better explanation about the seizure can be found on this web
> site:

> http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> -donn-

 
 
 

SS Central America coins, ingots confiscated at Long Beach!!!

Post by Goldbu » Sun, 08 Oct 2006 14:55:53


Here's a link to a newspaper story that mentions that more could be
seized.

http://www.dispatch.com/news-story.php?story=dispatch/2006/10/03/2006...

Quote:

> Apparently the poster of the blog had it all correct afterall. The
> court order that allowed the seizure of the SS Central America gold
> actually allows more to be confiscated. The gold siezed is valued at
> approximately $10 million. The court order allows them to sieze up to
> $11.8 million, so more could be seized. I guess Don was working to spin
> this for someone afterall.

> If you have SS Central America gold, I would hide it.


> > The poster of the blog has a basic, absolutely incorrect assumption
> > about the confiscation of the material.  The lawyers for the sonar
> > company are not seeking all SS Central America material.  They either
> > mistakenly thought (or deliberately mistated to a judge) that Tommy
> > Thompson still owned those gold bars and coin that were seized.  Only
> > those specific items that supposedly were still owned by Thompson were
> > sought by the sonar company in the court order.  However, Thompson sold
> > and was paid for the items in that display years ago, and the items
> > have changed hands several times since.

> > A far better explanation about the seizure can be found on this web
> > site:

> > http://www.news-antique.com/?id=781796&keys=gold-rush-treasure

> > -donn-