CONSIDER THE NUMISMATIC ADVANTAGE
Numismatic Rare Coins And Confiscation...
It was on April 5, 1933 when then President Roosevelt, acting under the sweeping authority passed to him by Congress on March 9, invoked his authority to make it unlawful to own or hold gold coins or bullion. Here’s what the Executive Order 
actually said...
UNDER EXECUTIVE ORDER OF THE PRESIDENT, issued April 5, 1933, all persons are required to deliver ON OR BEFORE MAY 1, 1933 all GOLD COIN, GOLD BULLION, AND GOLD CERTIFICATES now owned by them to a Federal Reserve Bank, branch or agency, or to any member bank of the Federal Reserve System.
Executive Order FORBIDDING THE HOARDING OF GOLD COIN, GOLD BULLION AND GOLD CERTIFICATES.
By virtue of the authority vested in me by
Section 8(b) of the Act of October 6, 1917, as amended by Section 2 of the Act of March 9, 1933, entitled "An Act to provide relief in the existing national emergency in banking, and for other purposes", in which amendatory Act Congress declared that a serious emergency exists.
I, Franklin D. Roosevelt, President of the United States of America, do declare that said national emergency still continues to exist and pursuant to said section do hereby prohibit the hoarding of gold coin, gold bullion, and gold certificates within the continental United States...except the following...
(section 2B)...gold coins having a recognized special value to collectors of rare and unusual coins...
Whoever willfully violates any provision of this Executive Order or of these regulations or of any rule, regulation or license issued thereunder may be fined not more than $10,000, or if a natural person, may be imprisoned for not more than ten (10) years, OR BOTH; and any officer, director, or agent of any corporation who knowingly participates in any such violation may be punished by a like fine, imprisonment, or both. This order and these regulations may be modified or revoked at any time.
FRANKLIN D. ROOSEVELT The White House April 5, 1933.
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