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<p>[QUOTE=&quot;Gam3rBlake, post: 8272012, member: 115909&quot;]I’m surprised the Europeans didn’t melt them down and re-coin them.</p><p><br /></p><p>When James Smithson left his fortune of over £100,000 to the US to found the Smithsonian Institution the British gold sovereigns were melted down and re-coined into about $500,000 in American gold currency.</p><p><br /></p><p>It makes me wonder why Europeans would leave Double Eagles in their vaults as Double Eagles xD.</p><p><br /></p><p>Technically the Brits could re-coin Double Eagles into quintuple sovereigns and have even fewer coins to deal with since the gold £5 had 1.1775 troy oz of gold in it vs 0.9675 troy oz for the $20 double eagle.[/QUOTE]</p><p><br /></p>

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