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<p>[QUOTE=&quot;Saor Alba, post: 742963, member: 21607&quot;]Because quite a bit of it went to Europe before and after the recall.&nbsp; The gold that went to Europe afterwards reflected central banks over there withdrawing their gold holdings in the USA and taking their payments in USA gold coins.&nbsp; When you have gold in a known form, why bother to melt it when it is already coined and doesn&#039;t need to be assayed etc over and over again?&nbsp; So the banks over there just held onto the gold in coin form and then started releasing it later in some of their gold selloffs even into the 1990&#039;s.</p><p><br /></p><p>I remember in Paris you could walk into Banque Paribas and buy gold coins at a small percentage over melt.&nbsp; Of course they were not particularly interested in you going and cherry picking for nice BU $20s, and preferred you buy in quantity.&nbsp; At that time though, I thought USA coins were rather useless to me in Europe - since I then viewed gold more as a tangible emergency funding anyway - so I kept my holdings in Napoleons and Vrenellis, and a few Dutch 10 guldens.[/QUOTE]</p><p><br /></p>

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