Please explain pre 1933 gold coins that survived confiscation/melt

That is not the case at all. If you re-read my post #10 I was trying to learn how these coins survived, and instead I mostly found propaganda about future gold siezure in modern times. I bought the double eagle because I always wanted one for my collection. I didnt buy it for an investment or to try to flip a profit in the very near future.

 

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As mentioned earlier, foreign bank vaults were the source of many, if not most of the gold coins in collector hands. Thousands are still being repatriated every year. Large companies like Heritage and RARCOA have contacts overseas.

Coins that are scarce in minstate, such as S mint $10 Indians and branch mint $5 and $2.5 coins likely stayed in the country and saw commercial usage.

 

The vast majority WAS melted. What exists today is just a small portion of what was issued in all the years before 1933.

No $100 total if it wasn't part of a "collection"

Sec 2(b) was not in the original draft of the executive order

(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100 belonging to any one person; and gold coins having a recognized special value to collectors of rare and unusual coins.

Later additions to the order defined any US coin issued before April 5th and being "rare or unusual", but not until a lot of coins had been turned in. Another edit restricted quarter eagles to no more than four coins of any given date and mint. Other denominations you could keep an unlimited number as "rare and unusual"

While he DID have a collection it was just a group of mixed coins given to him. He was NOT a coin collector, he was a stamp collector. But his good friend and Secretary of the Treasury William Woodin WAS a coin collector, and a collector of gold coins! It was through Woodin's influence that Sec 2(b) was added to the order.

One reason for the order was that people were shipping large amounts of gold overseas for year before the the order was put in place. And that is also the reason why so much exists today.

You will find a lot of those propagandists pushing pre-1933 gold withthe argument that government can't confiscate collectible gold but they can bullion. What they ignore is that if any recall order was made today it would be covered by whatever is written into the new order and they wouldn't be bound by what was in the order in 1933. So they could order the pre-1933 gold turned in as well. (I do not believe they will do any such order though as there is no real purpose to do so as there was in 1933.

 

I go with this too. from much reading over the years there are many stories of thousands of coins coming out of vaults in Europe. that's how a lot of trade was settled back in the day so many US coins ended up over there. how so many survived WWII is a mystery to me.