Precious metals intelligence

Gold Confiscation 1933

Executive Order 6102, signed April 5, 1933, required US citizens to surrender most gold bullion and coins to the Federal Reserve at $20.67 per ounce.

What it required

Citizens were required to deliver gold coin, bullion, and gold certificates above $100 face value to a Federal Reserve Bank. Compliance was enforced with criminal penalties.

Exemptions

Numismatic coins of recognized special value, gold used in industry and arts, and small amounts for jewelry use were exempt. The numismatic exemption is the historical root of "pre-1933" coin premium narratives.

Modern legal status

The order was repealed in 1974 when private gold ownership was relegalized. Modern confiscation fears mostly trade on the 1933 precedent. Whether a future government could replay the order is a separate policy question.

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MetalBrief publishes market information, tools, indicators, and educational context, not account-specific investment, legal, tax, or financial advice. FX conversions, macro proxies, headlines, RSI, support, resistance, and opportunity scores are derived unless labeled as market data.