Court Awards Family with V.A Beach ties rare gold coins.

The U.S appeal court on Friday overturned a Jury verdict and awarded a Philadelphia family rights to 10 rare gold coins worth $80 million.

The $20 Saint Gaudens “Double Eagles” stolen from the U.S mint in Philadelphia before the 1933 series was melted down when the country went off the gold standard.

Joan Langbord and her sons cannot own the coins which she said she found in a family bank deposit box in 2003.

Israel Switt, her father and a jeweler was investigated twice over his coin holdings. He had dealings with the mint in the 1930s. In 2012 a Jury sided with the government.

However, the appeals court Friday returned the coins to the Langbords because U.S officials had not responded within the 90 day limit to the families seized property claim, filed in 2004.

Barry Berke, the family lawyer said, “Congress clearly intended for there to be limits on the government’s ability to seek forfeiture of citizens’ property and today’s ruling reaffirms that those limits are real and won’t be excused when the government violates them.”

Joan Langbord who is 85 throughout most of her life worked in her Father’s store throughout most of her life. Her sons David langbord of Virginia Beach and entertainment Lawyer Roy Langbord of New York City, joined her in her 13 year legal fight. Berke said that they have not decided whether the coins will be sold and do not plan to comment on the ruling.

The Double Eagle was designed by famed sculptor August Saint Gaudens with a flying Eagle on one side and a figure representing liberty on the other.

In 2002 a single surviving coin sold for $7.59 million which was a record for the coin. King Farouk of Egypt o… MORE

Market
16,058.35
-469.68 (-2.84%)
50.02
-1.17 (-2.29%)
1,913.85
-58.33 (-2.96%)
Weather
US Locations:
International Locations:  
Virginia Beach, VA
accuweather adv logo
Current Conditions
curIcon
76°F
RealFeel®: 83°F
Humidity: 81%
Dew Point: 70°F
Cloud Cover: 25%
Visibility: 10 Miles
AccuWeather.com 5-Day Forecast
Wednesday
weather storm
HI: 89°F
LO: 75°F
Thursday
dayImg
HI: 89°F
LO: 74°F
Friday
weather storm
HI: 86°F
LO: 74°F
Saturday
06 weather
HI: 81°F
LO: 72°F
Sunday
06 weather
HI: 81°F
LO: 71°F
AccuWeather.com Map Center
State Radar
thumb160
Enlarge | Loop
Local Radar
KORF Radar Enlarge | Loop
State Satellite
thumb160
Enlarge | Loop
More from AccuWeather.com...
AccuWeather.com Video

hosted video
video icon National Forecast
AccuWeather.com Hurricane Center
get the latest tropical newsGet the latest tropical news from the source you trust - the AccuWeather.com Hurricane Center
Active Storms

Atlantic

E. Pacific
AccuWeather.com Severe Weather
Are you under the gun for severe weather? When is that storm going to impact your town? Find out at the AccuWeather.com Severe Weather Center. Check out the severe weather risk in your area, view current watches and warnings and read severe weather discussions written by our highly trained meteorologists! Click here to view severe weather in your area.

HEADLINES

Prince Harry on missing out on Princess Charlottes christening: I am a bad uncle

Fourth Estate Staff

Namibia, ZA, South Africa (4E) - Prince Harry was not able to attend the christening of his niece Princess Charlotte and he shared in a recent interview that he feel he is a bad uncle for missing out on such an...MORE

Alabama may use two quarterbacks in season opener according to Nick Saban

Nikko Villanueva - 4E Sports Contributor

Tuscaloosa, AL, United States (4E Sports) - Alabama head coach Nick Saban is sticking to a familiar scheme as he is yet to name a starting quarterback and will likely have two ready for their season...MORE

States Looking For More Effective Ways To Encourage Vaccinations

Washington, DC, United States (KaiserHealth) - When kids start school this fall, it's a sure bet that some won't have had their recommended vaccines because their parents have claimed exemptions from school requirements for medical, religious or philosophical reasons. Following the much publicized...MORE

Chris Brown reunites with daughter Royalty, posts photo on Instagram

Fourth Estate Staff

Virginia, VA, United States (4E) - Chris Brown's baby mama, Nia Guzman, reportedly did not allow the singer to see his daughter Royalty for a long time but he has reunited with the one-year-old as he posted pics...MORE

 

inside local news virginia beach


Fourth Estate Staff

Namibia, ZA, South Africa (4E) - Prince Harry was not able to attend the christening of his niece ..Read More


Washington, DC, United States (KaiserHealth) - Every month, a group of older adults goes to Washington, D.C.'s Sibley Memorial Hospital, ..Read More


Washington, DC, United States (KaiserHealth) - When kids start school this fall, it's a sure bet that some won't have ..Read More

appdevempire

Politics

States Looking For More Effective Ways To Encourage Vaccinations

Washington, DC, United States (KaiserHealth) - When kids start school this fall, it's a sure bet that some won't have had their recommended vaccines because their parents have claimed exemptions from school requirements for medical, religious or philosophical reasons. Following the much publicized...MORE

 

Business

Murray Energy Corp. is expected to announce on Friday its decision to cut about 1,800 jobs at nine locations, according to a source with knowledge of the matter.
Murray Energy Corp. will cut 1,800 jobs in Ohio and West Virginia mines

Nathan Andrada - Fourth Estate Contributor

New York, NY, United States (4E) - Murray Energy Corp. is expected to announce on Friday its decision to cut about 1,800 jobs at nine locations, according to a source with knowledge of the matter.

The layoffs...MORE