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<p>[QUOTE=&quot;KSorbo, post: 7333265, member: 56370&quot;]A lot of this discussion depends on what we mean by “circulate”.&nbsp; Historically it appears that there were not many time periods, at least in the US, when gold circulated in regular commerce.&nbsp; Gold coins were much more used for export or as a store of value.&nbsp; California and the American West would be an exception to that rule, and therefore the example of the $50 slug is a good one.&nbsp; I’m picturing one being used in a card game at a saloon and then taken by the winner to a house of ill repute...[/QUOTE]</p><p><br /></p>

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