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3 - 1933 Double Eagles on Display at Philly
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<p>[QUOTE="Conder101, post: 4214502, member: 66"]Yes they could have, but they didn't want to. We didn't finally get completely off the gold standard until 1971. They were still trying to keep the dollar at least to some extent tied to gold. If the law requires some percentage of gold for every dollar issued and you want to issue more dollars, you either change the law, or somehow get more gold.</p><p><br /></p><p>And the gold was not confiscated. They paid for every ounce turned in.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 4214502, member: 66"]Yes they could have, but they didn't want to. We didn't finally get completely off the gold standard until 1971. They were still trying to keep the dollar at least to some extent tied to gold. If the law requires some percentage of gold for every dollar issued and you want to issue more dollars, you either change the law, or somehow get more gold. And the gold was not confiscated. They paid for every ounce turned in.[/QUOTE]
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3 - 1933 Double Eagles on Display at Philly
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