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Teen jailed after trying to cash in rare antique coin

Started by Pat McCotter, September 06, 2009, 08:13 AM NHFT

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Pat McCotter

Our public school output.

Frederic teen jailed after trying to cash in rare antique coin
by LaNia Coleman | The Bay City Times
Wednesday September 02, 2009, 4:21 PM

GRAYLING, MI -- A Frederic teen was jailed after trying to cash in an allegedly stolen coin worth $4,500.

Staff at Fifth Third bank in Grayling became suspicious when the 19-year-old tried to redeem the $20 gold piece for $20 on Aug. 24, said Sheriff Kirk A. Wakefield.

Bank employees called police after an Internet search revealed the true value of the 1890 coin, Wakefield said.

The coins allegedly were stolen from a safe that a relative of the suspect kept in the garage of his Frederic Township home, the sheriff said.

District Judge Monte J. Burmeister has arraigned Dustin J. Gohn on one count of larceny from a building.

Gohn is free on $500 cash or surety bond awaiting a 2 p.m. Tuesday preliminary hearing.

"Due to the honesty of the bank employees and quick investigation by deputies, the coins will be returned to the owner," Wakefield said.

JosephSHaas

Quote from: Pat McCotter on September 06, 2009, 08:13 AM NHFT
Our public school output.

Frederic teen jailed after trying to cash in rare antique coin
by LaNia Coleman | The Bay City Times
Wednesday September 02, 2009, 4:21 PM

GRAYLING, MI -- A Frederic teen was jailed after trying to cash in* an allegedly stolen coin worth $4,500.*

Staff at Fifth Third bank in Grayling became suspicious when the 19-year-old tried to redeem *the $20 gold piece for $20* on Aug. 24, said Sheriff Kirk A. Wakefield.

Bank employees called police after an Internet search revealed the true value of the 1890 coin, Wakefield said.

The coins allegedly were stolen from a safe that a relative of the suspect kept in the garage of his Frederic Township home, the sheriff said.

District Judge Monte J. Burmeister has arraigned Dustin J. Gohn on one count of larceny from a building.

Gohn is free on $500 cash or surety bond awaiting a 2 p.m. Tuesday preliminary hearing.

"Due to the honesty of the bank employees and quick investigation by deputies, the coins will be returned to the owner," Wakefield said.

And this reporter ought to get her dictionary out too, because to Redeem" is "To pay off, as a promissory note." Or in other words: paper Federal Reserve Notes are "redeemed" for the coin, not vice verse.  The word should have been a simple "exchange". 

So yeah, what are they teaching in the government schools!? A government that is supposed to be operating ALL their office windows where they accept "money" for this and that in the quality of coin that is defined and that they must obey by Section 20 of The Coinage Act of 1792.

I'm still waiting to get "pay"ment on the check, as an ORDER to pay me the over $300.00 from the U.S. Marshal-N.H. who I took to court on a criminal charge here in Concord District Court, and the chief judge of all the District Courts in N.H. intervened to write me in a letter that, in effect, the dissenting opinion in a case is being used against me to dismiss the case against the Marshal!

The dumb-down-ing of America is in the schools from where they graduate and become these judges with their brothers-of-the bar who are in the Legislature to make sure that when this crap occurs, that they are NOT impeached! The Coinage Act of 1965 to apply to BOTH the government AND commerce!?

The article should have read that the kid was trying to get twenty bucks (FRN20) for the $20 gold coin, because it weighed too much for him, eh? and which coin was worth not four thousand five hundred dollars, but FRN 4,500.

Lloyd Danforth

Whenever I get an older coin in my change, I figure someone has hit someone else's collection.
I found an 1897 nickel a couple of weeks ago. I find a couple of wheat cents a month.

JosephSHaas

Quote from: Lloyd Danforth on September 09, 2009, 07:46 AM NHFT
Whenever I get an older coin in my change, I figure someone has hit someone else's collection.
I found an 1897 nickel a couple of weeks ago. I find a couple of wheat cents a month.

While at the local "Cumberland Farms"/ GULF station a few weeks ago, here in New Hampshire, the cashier told me that somebody had been in to see him and he did turn in "his" rolls of buffalo nickels for a pack of cigarettes.

digitalfour

Quote from: Lloyd Danforth on September 09, 2009, 07:46 AM NHFT
I find a couple of wheat cents a month.

You must get a lot of pennies. I find about 10 per $25 box.