Message:

<p>[QUOTE=&quot;davidh, post: 1184425, member: 15062&quot;]Where are you getting $5 Libertys for $400?&nbsp; You&#039;ll be hard pressed to find any for less than $500 each, even in lower grades.&nbsp; If you&#039;re determined to own gold, you&#039;d probably be better served to buy bullion; purchase price will be less and a standardization of gold won&#039;t hurt its value.</p><p><br /></p><p><br /></p><p><br /></p><p>A bit of a misconception; It was never absolutely illegal to own gold.&nbsp; Businesses (dentists, jewelers, etc.) and industry (radio, glassmaking, etc.) needing gold could own it with few limitations.&nbsp; Individuals could own up to $100 in gold coinage without fear.&nbsp; Additionally, and most important, individuals could own gold with little limit if it was part of a collection of &quot;gold coins having recognized special value to collectors of rare and unusual coins.&quot;&nbsp; Thus, anyone holding a fair amount of gold in the form of coins, could simply assemble a collection of older coins consisting of each date and mint.&nbsp; The individual coins might not have been &quot;rare [or] unusual&quot; but the assemblage of a full set would be.&nbsp; These exceptions are the reason why pre-1933 coins are available on the market today.</p><p><br /></p><p><a href="http://en.wikipedia.org/wiki/Executive_Order_6102" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://en.wikipedia.org/wiki/Executive_Order_6102" rel="nofollow">http://en.wikipedia.org/wiki/Executive_Order_6102</a>[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in