Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How much was a gold $20 Double Eagle worth in the late 1800s?
>
Reply to Thread
Message:
<p>[QUOTE="-jeffB, post: 5184931, member: 27832"]The statute does talk about "receipts" and "paying" for bullion, but nothing about <i>issuing gold or silver coin</i> in exchange for bullion.</p><p><br /></p><p>Going further back, here's the Act that originally (I think) set terms for bringing in bullion for coinage, starting around the middle of page 249 (this document scan starts at page 246):</p><p><br /></p><p><a href="https://www.loc.gov/law/help/statutes-at-large/2nd-congress/session-1/c2s1ch16.pdf" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.loc.gov/law/help/statutes-at-large/2nd-congress/session-1/c2s1ch16.pdf" rel="nofollow">https://www.loc.gov/law/help/statutes-at-large/2nd-congress/session-1/c2s1ch16.pdf</a></p><p><br /></p><p>But we know <i>that</i> one hasn't been continuously in force, if only because FDR's 1933 executive order put a stop to issuing gold coins, period.</p><p><br /></p><p>I think we all know that you can't walk into the Mint with a bag of gold dust and have them issue you eagles, half-eagles, quarter-eagles, and so forth containing equal gold weight. <i>They don't mint the coins any more</i> for circulation. I don't have the know-how to track through all the relevant laws between 1792 and today, but I <i>would</i> be interested to see what today's <i>actual</i> policy is. (How <i>do</i> you go about getting the Mint to refine your PMs into gold and silver bars, free of charge?)</p><p><br /></p><p>Edit: being called away for the afternoon, so nobody feel rushed to find answers for me. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie2" alt=";)" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 5184931, member: 27832"]The statute does talk about "receipts" and "paying" for bullion, but nothing about [I]issuing gold or silver coin[/I] in exchange for bullion. Going further back, here's the Act that originally (I think) set terms for bringing in bullion for coinage, starting around the middle of page 249 (this document scan starts at page 246): [URL]https://www.loc.gov/law/help/statutes-at-large/2nd-congress/session-1/c2s1ch16.pdf[/URL] But we know [I]that[/I] one hasn't been continuously in force, if only because FDR's 1933 executive order put a stop to issuing gold coins, period. I think we all know that you can't walk into the Mint with a bag of gold dust and have them issue you eagles, half-eagles, quarter-eagles, and so forth containing equal gold weight. [I]They don't mint the coins any more[/I] for circulation. I don't have the know-how to track through all the relevant laws between 1792 and today, but I [I]would[/I] be interested to see what today's [I]actual[/I] policy is. (How [I]do[/I] you go about getting the Mint to refine your PMs into gold and silver bars, free of charge?) Edit: being called away for the afternoon, so nobody feel rushed to find answers for me. ;)[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
How much was a gold $20 Double Eagle worth in the late 1800s?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...