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The U.S. stopped making gold coins for circulation in 1933. This was due to the Great Depression and the need to prevent gold hoarding. President Franklin D. Roosevelt issued Executive Order 6102, which required U.S. citizens to turn in most of their gold coins, bullion, and certificates to the Federal Reserve in exchange for paper money. Read more..tinyurl. com/542pcv7p

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debh681

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Related Questions

What is the largest amount of gold in US used for?

making gold coins


What date did the US stop using gold coins?

1930


When did the US Mint stop making five cent coins from nickel?

1867


What year did the US stop making gold dollars?

The United States stopped producing gold dollars for circulation in 1933 due to the Great Depression and the subsequent decision to abandon the gold standard. While gold coins had been minted earlier, the last year for the gold dollar's circulation was 1889, and the coins were officially discontinued for public use with the Gold Reserve Act of 1934. However, some gold coins were struck for collectors after this date.


Where can I buy some gold coins?

To buy US gold coins, you can start by researching reputable dealers like BOLD Precious Metals, SD Bullion, Apmex, JM Bullion, or local coin shops. Check prices and verify authenticity. Then, place an order online or visit the store. Pay securely, and your gold coins will be delivered or handed over.


Is the US still making American Eagle coins?

In 1933, The U.S. mint stopped making gold coins for use in daily commerce. But in 1999, they made American Eagle coins, this time not for the public, but for people who will buy them either as collectors or as investors.


What was the last year us gold coins were minted?

1932 was the last year gold coins were struck for circulation.


Is there a 2005 gold quarter?

Gold plated coins are novelty coins with no collectible value and are not made by the US Mint.


1898 US gold dollar?

Sorry no US $1.00 gold coins were struck in 1898.


What is the karat gold in a US 1899 5 gold piece?

US gold coins were 90% pure gold, or 21.6 Kt.


What are California fractional gold coins?

California fractional gold coins are tokens struck in California to make up for the lack of US small denomination coins in the western US. During the early gold rushes, there was no nearby US mint in the west, and there was an abundance of gold. So people used the US gold standard price ($20.67 per troy ounce, since the US dollar was on a gold standard) and made coins with the required amount of gold to make up for small change. These coins are today very collectible, however, fakes abound and there is little information about them online.


How much is a us gold 10.00 gold piece worth 1917?

Sorry no US gold coins dated 1917 were struck

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