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<p>[QUOTE=&quot;GoldFinger1969, post: 4501761, member: 73489&quot;]Actually, if you read excellent books (and articles) by great researchers like Roger Burdette, it&#039;s not that surprising.</p><p><br /></p><p><b>Most of these hoards were not circulated coins, they were used to settle balance-of-payments overseas (Europe, South/Central America).&nbsp; </b>Less than 0.1% of a typical mintage got circulated or put in a SDB or kept in a house as a store of wealth.</p><p><br /></p><p>In Europe, you didn&#039;t have a functioning economy with good reporting until the 1950&#039;s and 1960&#039;s as they recovered from WW II.&nbsp; So it wasn&#039;t surprising that you had &quot;long lost&quot; bags of Double Eagles (mostly Saints) in European banks.</p><p><br /></p><p>South/Central American banks were decades behind technologically and reporting standards-wise.....we found hoards there in the 1970&#039;s and 1980&#039;s.</p><p><br /></p><p><u>My theory is that if there are substantial hoards today they might be in South/Central American ex-dictators or elected officials hands.&nbsp; So much corruption there, even elected officials bought-off by corrupt legal businesses OR drug lords.&nbsp; I could easily see an elected official with a few bags of Double Eagles worth a few million dollars.</u>[/QUOTE]</p><p><br /></p>

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