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FEDERAL RESERVE BANK OF DALLAS January 15,1934. The President Has Issued the Follow ing Executive Order Amending the Executive Order o f August 28, 1933 To the Bank Addressed: Amendment of Executive Order Number 6260 of August 28, 1933. The first paragraph of Section 4 of Execu tive Order Number 6260 of August 28, 1933, relating to the hoarding, export, and earmarking of gold coin, bul lion, or currency, and to transactions in foreign exchange is hereby amended to read as follows: Section 4. Acquisition of Gold Coin and Gold Bullion. No person other than a Federal Reserve Bank shall after the date of this order acquire in the United States any gold coin, gold bullion, or gold certificates except under license therefor issued pursuant to this executive order, provided that member banks of the Federal Reserve System may accept delivery of such coin, bullion, and certificates for surrender promptly to a Federal Reserve Bank, and provided further that persons requiring gold for use in the industry, profession, or art in which they are regularly engaged, may replenish their stocks of gold up to an aggregate amount of $100, by acquisitions of gold bullion held under licenses issued under Section 5 ( b) , without necessity of obtaining a license for such acquisitions, and provided further that collectors of rare and unusual coin may acquire from one another and hold without necessity of obtaining a license therefor gold coin having a recognized special value to collectors of rare and usual coin (but not including quarter eagles, otherwise known as $2.50 pieces, unless held, together with rare and unusual coin, as part of a collection for historical, scientific or numismatic purposes, containing not more than four quar ter eagles of the same date and design and struck by the same m int).” Section 6 of the aforesaid order is hereby amended by adding thereto the following subparagraph: “ (e) Through any agency that he may designate, the export of gold coin having a recognized special value to collectors of rare and unusual coin (but not including quarter eagles, otherwise known as $2.50 pieces, unless held, together with rare and unusual coin, as part of a collection for historical, scientific, or numismatic purposes, containing not more than four quarter eagles of the same date and design and struck by the same m int).” The White House, January 12, 1934. FRANKLIN D. ROOSEVELT. Order o f the Secretary o f the Treasury Amending His Order o f December 28, 1933 Amending the order of December 28, 1933, requiring the delivery of gold coin, gold bullion, and gold certifi cates to the Treasurer of the United States. W hereas, in my judgment the order of December 28, 1933, requiring the delivery of gold coin, gold bullion, and gold certificates to the Treasurer of the United States, may be amended as hereinafter provided without ad versely affecting the purposes thereof, Now, T herefore, I, Henry Morgenthau, Jr., Secretary of the Treasury, do hereby amend said order o f Decem ber 28, 1933, by inserting after the word “ pieces” in the parenthetical phrase in paragraph (b) of the first section thereof a comma and the following: “ Unless held, together with rare and unusual coin, as part of a collection for historical, scientific, or numis matic purposes, containing not more than four quarter eagles of the same date and design, and struck by the same mint.” This order may be modified or revoked at any time. H. MORGENTHAU, JR., Secretary of the Treasury. A pproved: F ranklin D. R oosevelt. The White House, January 11, 1934. Yours very truly, Governor. This publication was digitized and made available by the Federal Reserve Bank of Dallas' Historical Library (FedHistory@dal.frb.org)
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