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<p>[QUOTE=&quot;cplradar, post: 7399561, member: 108985&quot;]<a href="https://en.wikipedia.org/wiki/Executive_Order_6102" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Executive_Order_6102" rel="nofollow">Executive Order 6102</a>, which provisions included:</p><p><br /></p><p>Section 2. All persons are hereby required to deliver on or before May 1, 1933, to a Federal Reserve bank or a branch or agency thereof or to any member bank of the Federal Reserve System all gold coin, gold bullion, and gold certificates now owned by them or coming into their ownership on or before April 28, 1933, with the exception of the following:</p><p><br /></p><p>(a) Such amount of gold as may be required for legitimate and customary use in industry, profession or art within a reasonable time, including gold prior to refining and stocks of gold in reasonable amounts for the usual trade requirements of owners mining and refining such gold.</p><p>(b) Gold coin and gold certificates in an amount not exceeding in the aggregate $100.00 belonging to any one person; and gold coins having recognized special value to collectors of rare and unusual coins.</p><p>(c) Gold coin and bullion earmarked or held in trust for a recognized foreign government or foreign central bank or the Bank for International Settlements.</p><p>(d) Gold coin and bullion licensed for the other proper transactions (not involving hoarding) including gold coin and gold bullion imported for the re-export or held pending action on applications for export license.</p><p>Congress additionally passed the <a href="https://en.wikipedia.org/wiki/Gold_Reserve_Act" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Gold_Reserve_Act" rel="nofollow">Gold Reserve Act</a> in 1934, which outlawed the circulation and private possession of United States gold coins for general circulation, with an exemption for <a href="https://en.wikipedia.org/wiki/Coin_collecting" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Coin_collecting" rel="nofollow">collector coins</a>. This act declared that gold coins were no longer <a href="https://en.wikipedia.org/wiki/Legal_tender" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Legal_tender" rel="nofollow">legal tender</a> in the United States, and people had to turn in their gold coins for other forms of <a href="https://en.wikipedia.org/wiki/Currency" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Currency" rel="nofollow">currency</a>. T<u><i><b>he 1933 gold double eagles were struck after this executive order,</b></i></u> but because they were no longer legal tender, most of the 1933 gold coins were melted down in late 1934 and some were destroyed in <a href="https://en.wikipedia.org/wiki/Metallurgical_assay#Coins" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Metallurgical_assay#Coins" rel="nofollow">tests</a>.[/QUOTE]</p><p><br /></p>

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