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<p>[QUOTE=&quot;Gam3rBlake, post: 8269180, member: 115909&quot;]So does that mean the reason coins were used internationally is because other countries demanded gold rather than banknotes?</p><p><br /></p><p>Afterall a $500 bill would be much easier and lighter than 25x $20 double eagles.</p><p><br /></p><p>But I imagine back in those days foreign nations insisted on gold and didn’t trust banknotes.</p><p><br /></p><p>I also read that many American gold coins were melted down and reminted into British sovereigns.[/QUOTE]</p><p><br /></p>

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