Lot 2031
1927. PCGS graded MS-64. Lovely light gold tone. After World War I ended in 1918, a modified version of the pre-1914 Gold Standard was adopted at the old established figure of $20.67 per ounce. But many countries had expanded their money supplies during the war, doubling them upon the same base of gold. This mismatch, in time, had economic consequences in the 1930s. It was one of the reasons America (along with most of the other nations) left the gold standard (PCGS # 9186) .
Estimated Value $1,700 - 1,750.
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| Realized $2,013 |
