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Fe d e r a l Re se r v e bank Circular N o . 18 Series 1922 OF D A L L A S October 2nd, 1922. GOLD COIN TO M E M B E R B A N K S , E L E V E N T H F E D E R A L R E S E R V E D IS T R IC T : In onr Circular N o. 50, Series o f 1920, on Currency and Coin, yon were inform ed that this bank would, until further notice, receive gold coin at face value w ithout discount fo r loss of w eight when the abrasion was due to natural causes. Y o u are hereby advised that the above policy has been discontin ued and that, effective im m ediately, this bank w ill not assume the abrasion or loss o f weight on uncurrent gold coin deposited w ith it. L ig h t weight gold coin w ill be received and accounted for at actual bullion value. Respectfully, 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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