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Old Spanish Gold Bar Stolen From Florida Museum Must Be Revalued

March 25, 2020, 9:16 PM

A man won another chance to convince a court that he shouldn’t have to pay a museum $556,000 to replace a stolen gold bar that was originally recovered from a Spanish ship that sank off the Florida coast in 1622, the Eleventh Circuit said Wednesday.

The appeals court, overturning a judge’s restitution order, said that while the unique nature of the bar, including that it was the centerpiece of the museum’s display, may be factored into the calculation, the lower court must better explain how it computed the value, the opinion by Judge Robin S. Rosenbaum said.

Jarred Goldman was...

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