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<p>[QUOTE=&quot;Numbers, post: 1497205, member: 11668&quot;]True, but they wouldn&#039;t actually have had to go through that formal process in order to obtain the gold.&nbsp; Any bank would&#039;ve been happy to exchange this note for a gold eagle....&nbsp; Between 1879 and 1933, all forms of U.S. currency circulated at par--so while it was technically true that some were backed by gold, others by silver, and others only by bonds, in practice all of these could readily be exchanged for one another.&nbsp; That&#039;s one reason why the 1933 gold recall didn&#039;t meet with more public resistance than it did: most people didn&#039;t really care which form of currency they held, since for fifty-plus years all of them had maintained their relative value.[/QUOTE]</p><p><br /></p>

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