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How common was it to use a $20 gold piece in everyday life?
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<p>[QUOTE="LindeDad, post: 1563804, member: 31518"]Actually from what I have heard over the years gold for most was a big deal back then. Mostly used for major gifts and hoarding. Remember many of the banks were private and the government did not back them. So I think many of the larger coins spent little or no time in commerce more for bank reserves and private hoards.[/QUOTE]</p><p><br /></p>
[QUOTE="LindeDad, post: 1563804, member: 31518"]Actually from what I have heard over the years gold for most was a big deal back then. Mostly used for major gifts and hoarding. Remember many of the banks were private and the government did not back them. So I think many of the larger coins spent little or no time in commerce more for bank reserves and private hoards.[/QUOTE]
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