GoldSilverHQ
gold—silver—

1933

Gold recall

Order 6102 calls in most private monetary gold. The official price is reset the next year.

First page of Executive Order 6102 ordering the recall of gold coin and bullion in 1933.
Executive Order 6102 (1933) — U.S. gold coin and bullion recall under FDR.Public domain — U.S. government work (National Archives).

In 1933 the United States required most domestic gold coin, bullion, and gold certificates to be turned in. Executive Order 6102 is that order. The public claim on gold at the old mint price was removed.

The Gold Reserve Act of 1934 then set the official price at $35, up from $20.67. Official gold became a Treasury asset. This is not 1914, and it is not the 1971 gold-window close.

1933 U.S. gold recall →