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<p>[QUOTE="Krasnaya Vityaz, post: 130153, member: 1791"]Not a whole long time ago it was illegal to own gold in Russia/USSR. It was still possible to own it, and smart people did. In the late 1980's and early 1990's it was quite easy to walk down a street and have several people ask you to sell them gold, or they would offer to sell you gold.</p><p><br /></p><p>The most common coins available were the Nikolai II 5 rubles, but occasionally you could buy the 10 rubles or very rarely the 1923 Soviet Chervonetz coins. While the paper money lost value twice completely in the last 16 years gold really either kept it's relative value or appreciated later on by comparison. Even early and in the middle 1990's it technically became legal to own and collect coins, but still did not stop Ivan the administrator from causing you problems with it.</p><p><br /></p><p>This all may sound strange in the USA, but not a whole long time ago, about 30 years ago this was the same scenario there. It was only legal to own "collectible gold" and not bullion.[/QUOTE]</p><p><br /></p>
[QUOTE="Krasnaya Vityaz, post: 130153, member: 1791"]Not a whole long time ago it was illegal to own gold in Russia/USSR. It was still possible to own it, and smart people did. In the late 1980's and early 1990's it was quite easy to walk down a street and have several people ask you to sell them gold, or they would offer to sell you gold. The most common coins available were the Nikolai II 5 rubles, but occasionally you could buy the 10 rubles or very rarely the 1923 Soviet Chervonetz coins. While the paper money lost value twice completely in the last 16 years gold really either kept it's relative value or appreciated later on by comparison. Even early and in the middle 1990's it technically became legal to own and collect coins, but still did not stop Ivan the administrator from causing you problems with it. This all may sound strange in the USA, but not a whole long time ago, about 30 years ago this was the same scenario there. It was only legal to own "collectible gold" and not bullion.[/QUOTE]
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