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<p>[QUOTE=&quot;GoldFinger1969, post: 26809358, member: 73489&quot;]<b>Some people got nailed hard.</b></p><p><br /></p><p><b><u>You had the guy who went to court when Chase Bank wouldn&#039;t give him his $5,000 in gold....you had people who sent their gold overseas and dealers (like Abe Kosoff) had Treasury busting their chops to retrieve it and bring it back....you had Israel Switt (of 1933 Double Eagle fame) have $2,000 in gold coins confiscated on the street from a suitcase because of a licence technicality....and many more.</u></b></p><p><br /></p><p>Amazing that you were limited to just 4 of the $2.50 Quarter Eagles which is where most of the poor and working-class could be expected to be active. Even though it wasn&#039;t much money, I&#039;ll be many did have a few they saved as family heirlooms or Christmas presents or whatever....and they turned them in when if it weren&#039;t for the &quot;Executive Order ban&quot; and unwarrranted fears and misinterpretations of the EO, they didn&#039;t have to.Yup....it&#039;s just too bad that you didn&#039;t have the internet or podcasts or talk radio to let people know that the loophole(s) were wide enough to drive a Mack Truck through.&nbsp; Very few people probably had to even turn in what little gold they had.&nbsp; The $5,000 Chase guy was 50x over the limit (25x if he was married <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie8" alt=":D" unselectable="on" unselectable="on" /> ).</p><p><br /></p><p>This memo&#039;s thrust -- which was essentially known to the Coin Cognescenti a decade earlier -- was not widely known but even if it was...at the depths of The Depression <b><span style="color: #ff0000">you were more likely to be concerned with getting a job, providing food for your family or yourself, a place to stay, etc.&nbsp; </span></b></p><p><br /></p><p>Very few people were concerned or obsessed with the right to hold gold, loopholes, or statutory limits ($100 per person).&nbsp; It just wasn&#039;t a huge concern in 1933.[/QUOTE]</p><p><br /></p>

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