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.
Precious metals intelligence
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.
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.
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.
The order was repealed in 1974 when private gold ownership was relegalized.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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