As a follow up to my post,THIS DAY 83 YEARS AGO: FDR's Evil Executive Order Required Citizens to Turn in All Gold to the Government, Louis Cammarosano ofSmaulgld.comemails: FDR's gold confiscation story of 1933 is well known, less well known is his silver confiscation of 1934. He then...
People turning in their silver got$1.29 an ounce. Payment was made in the form of “standard silver dollars, silver certificates, or any other coin or currency of the United States.”There was a catchhowever; there was fee of 61 8/25 percent (61.32%) taken from the $1.29 an ounce for...