12/24/2023 0 Comments Gold content in us gold coins![]() Collectors search far and wide for them, paying upwards of $400 or more to own such a unique piece of America’s currency history. Today, pre-1933 gold coins are difficult to find. This act of changing the nation’s currency from gold coins to fiat paper money helped to boost the economy in the face of the Great Depression and increased the value of gold coins minted before 1933. President Roosevelt’s Executive Order 6102 and the Gold Confiscation Act of 1933 mandated citizens turn over their gold coins in exchange for paper money. These coins vary in rarity and continue to gain value as a living piece of American history. ![]() Eagle produced before then can still be found today. While gold coin production stopped dead on June 5, 1933, the gold coins such as the U.S. Started, by the California Gold Rush, these coins enjoyed mass circulation until the Great Depression, when the federal government mandated the exchange of physical gold for paper currency as a way to boost the economy.
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