1944 Gold Coin Treasury Memorandum (& other cool stuff)

Another important detail as I review the history and personalities around the time of gold confiscation is that the Secretary of the Treasury at the time was William H. Woodin, who was a coin collector. Coin collectors, obviously, will associate with other coin collectors. So, the coin collectors threw a hissy fit over EO 6102, effectively pushing through the numismatic exceptions. So, there was a bit of luck on the side of the numismatists by having powerful people representing them in charge. So, this adds a bit of uncertainty as to how a future confiscation would take place - will the coin collectors have the same pull as they had in 1933? We have to acknowledge that this may have been an accident of history that was not inevitable.

 

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