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<p>[QUOTE=&quot;medoraman, post: 1564231, member: 26302&quot;]That is about what I have read. Any gold was quite a bit of money for an average person.</p><p><br /></p><p>The closest analogy would be to pretend they still made $500 and $1000 bills. I would roughly equate these to half eagles and eagles, with a double eagle worth two $1000 bills. Now, how often would you wish to have $1000 bill in your wallet, knowing if you get mugged you will lose it? How many people have $1000 they wish to carry on them for no apparent reason?</p><p><br /></p><p>That is similar to what I have read about gold coins. Most sat in banks, and were used to settle interbank transactions, and settle international payments. While someone COULD go get any they wanted, it was simply too large of money to carry around and take that risk, similar to large denomination bills.</p><p><br /></p><p>This is why you see more wear on quarter eagles or $1 gold than other denominations. You could justify at times wanting to have say a $250 or $100 bill in your wallet, especially for presents and the like.[/QUOTE]</p><p><br /></p>

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