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<p>[QUOTE=&quot;Leadfoot, post: 741786, member: 2972&quot;]As others have said, we sent much of it over to Europe in the first half of the twentieth century.&nbsp; However, there&#039;s more than that...</p><p><br /></p><p>Unlike pre-1834 gold 20th century (and late 19th century) gold didn&#039;t go through a gold price rise causing coins to worth more than face and therefore melted.&nbsp; </p><p><br /></p><p>Said another way, in 1933 all numismatic gold was removed from private hands, so therefore little melting of currently-circulating gold took place through the application of Gresham&#039;s law.[/QUOTE]</p><p><br /></p>

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