Description: 1909-D $5 gold Indian Head PCGS MS63 Rive D'Or collection The Rive dOr Hoard, also known as the Bank of Gold Hoard, is one of the most famous gold coin treasures discovered in Europe. Gold coins had sat in a Paris bank vault and remained out of circulation for decades. When the coins were rediscovered and released by an American dealer in 2008, they triggered a substantial curiosity and great interest among the numismatists. The Rive dOr Collection: a long-lost treasure How did they end up in a French bank? The worldwide coins of the Rive dOr collection certainly came from the numerous exchanges and commercial transactions that took place between the two continents in the 18th and early 19th centuries. It is being said that the Rive dOr Collection was carefully accumulated by a far-sighted collector, seeking security when Europe was ravaged by war and economic instability. In any case, the treasure is mainly composed of gold coins acquired during and after the Second World War. This is also what is fascinating about this treasure trove. How could such a rich coin collection be forgotten and resurface years later? Bank treasure Rive dOr: one of the largest collections of American coins The Rive dOr Hoard was mainly composed of coins from the United States. These American gold coins are all the more precious for millions of coins were melted down in the United States from the 5th of April 1933 on. At that time, President Franklin D. Roosevelt was conducting a policy to fight the Great Depression and support the poorest population. As part of the New Deal, he introduced a reform on the financial markets to revitalize the economy. By signing Executive Order 6102, he forced the American people to hand over all of their gold possessions to the Federal Reserve: coins, ingots, certificates and securities. From then on, it became forbidden possessing gold. Citizens were liable to 10 years in prison and a $10,000 fine. This is most certainly the reason why, in the United States, the Rive dOr Collection is considered as one of the greatest treasures of vintage American gold coins ever discovered.
Price: 1249 USD
Location: Portland, Oregon
End Time: 2024-11-11T03:19:05.000Z
Shipping Cost: 9.99 USD
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Item Specifics
Return shipping will be paid by: Seller
All returns accepted: Returns Accepted
Item must be returned within: 30 Days
Refund will be given as: Money back or replacement (buyer's choice)
Return policy details:
Denomination: $5
Circulated/Uncirculated: Uncirculated
Composition: Gold
Year: 1909
Strike Type: Business
Fineness: 0.9
Mint Location: Denver
Grade: MS 63
Time Period Manufactured: Pre-1933
KM Number: 129
Country/Region of Manufacture: United States
Certification: PCGS