I just thought I would point out an interesting article/link regarding gold confiscation. I am not saying that I believe or disbelieve that this will happen again -
I don't think that you will see that happen in the U.S. Franklin Roosevelt did it back in the 1930s because he wanted to devalue the dollar and prevent those who were holding gold from realizing a windfall profit. It was thought that the devaluation of the dollar would stimulate the domestic economy for exports. It did not fix the problem.
Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
If this did happen for whatever reason, do you really think that people who own high end coins are simply going to take them down and turn them in? When they declared martial law in the Phillipines I know that some people buried some nice rifles in cosmoline and they're still there today as far as I know.
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