Franklin roosevelt coin 1933 ford

  • franklin roosevelt coin 1933 ford

    • Executive Order 6102

    1933 U.S. executive order prohibiting the hoarding of gold currency

    Saint Gaudens Double Eagle

    Executive Order 6102

    TypeExecutive order
    Executive Order number6102
    Signed byFranklin D. Roosevelt on 5 April 1933
    Publication date5 April 1933
    • Forbade ownership of quantities of gold coin, bullion, and gold certificates worth in excess of $100 (about 5 troy ounces), with exemptions for specific uses and collections;
    • Required all persons to deliver excess quantities of the above on or before May 1, 1933 in exchange for $20.67 per troy ounce;
    • Enabled Federal funding of Exchange Stabilization Fund using profit realized from international transactions against new Federal reserves.

    Executive Order 6102 is an executive order signed on April 5, 1933, by US PresidentFranklin D. Roosevelt "forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States." The exe