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<p>[QUOTE=&quot;johnmilton, post: 7323832, member: 101855&quot;]Having collected gold coins from the U.S. and Great Britain, I would say that, until recent times (early 1900s), gold coins were not made to be owned and used by the &quot;common folk.&quot; They were made for royalty and wealthy merchants who handled a lot of money.</p><p><br /></p><p>President Andrew Jackson made an effort to get gold coins into the hands of &quot;yeoman farmers&quot; and wage earners in 1834 (When the legislation for the &quot;Classic Head&quot; gold coinage was passed.) because he thought that would bring economic stability to their lives. He certainly get more gold coins into circulation with his reforms, but I&#039;m not sure how many of those coins got to people who were making $250 to $300 a year. A $2.50 or $5 gold coin was a lot more money in those days.</p><p><br /></p><p>This coin a lot more buying power in the 1834 than a five dollar bill does today, and you had to work a lot longer to earn it.</p><p><br /></p><p>[ATTACH=full]1279845[/ATTACH][/QUOTE]</p><p><br /></p>

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