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Wednesday, November 10, 2010

Meaning of the Phrase “Gold Coins Having a Recognized Special Value to Collectors of Rare and Unusual Coins” in Executive Orders 6102 and 6260 of April 5 and August 28,1933, Relating to the Hoarding of Gold Coins and Bullion

To: Hon. Anthony D. Weiner
Attention: Yuri Beckelman

M. Maureen Murphy
Legislative Attorney

This responds to your request for information on the reference to “gold coins having a recognized special value to collectors of rare and unusual coins” in Executive Orders 6102 and 6260, which are the subject of a CRS Memorandum, “A Brief Examination of the History of Executive Orders 6102 and 6260 Relating to the Hoarding of Gold Coins and Bullion,” by Josiah Heidt, formerly a law clerk in the American Law Division.1 You are particularly concerned about: (1) how that phrase was defined under Executive Orders 6102 and 6260, issued on April 5 and August 28, 1933, respectively, and (2) the current status of Executive Branch authority to prohibit the hoarding of gold coins and bullion.

Date of Report: August 6, 2010
Number of Pages: 6
Order Number: M-080610
Price: $19.95

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