Cryptocurrency Q&A
Why is the 1933 Double Eagle illegal?
Why is the 1933 Double Eagle illegal?
CryptoWizard
Mon Sep 16 2024
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6 answers
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Could you please explain why the 1933 Double Eagle coin is considered illegal? I'm curious about the historical context behind this and how it came to be prohibited. Was there a specific event or policy that led to its outlawing? Additionally, I'm interested in knowing if there are any exceptions to this rule or if there have been any attempts to legalize its ownership and trade in recent years. Lastly, what are the consequences for those who possess or attempt to sell this coin illegally?
6 answers
GeishaMelodious
Wed Sep 18 2024
The Double Eagle, a gold coin with a face value of $20, was minted in 1933, marking a significant turning point in American monetary history.
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Bianca
Tue Sep 17 2024
As a result, the Double Eagle, once a symbol of wealth and prosperity, became a tangible reminder of the changing times and the new realities of gold ownership in the United States.
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emma_rose_activist
Tue Sep 17 2024
During this era, the ownership of gold by private individuals underwent a dramatic change, with new laws being enacted that significantly restricted these rights.
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Lorenzo
Tue Sep 17 2024
BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the evolving needs of the digital asset market.
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Giuseppe
Tue Sep 17 2024
Specifically, while individuals were still permitted to possess small quantities of gold, the general ownership of larger amounts was prohibited by law.
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