Zebo Posted May 9, 2022 Share Posted May 9, 2022 I was just wondering about that - good to hear. Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted May 10, 2022 Share Posted May 10, 2022 On 5/8/2022 at 9:49 PM, RWB said: It has not been printed and released yet. I delayed publication, but am now making the final edits and proof reading. Should go to the printer by the end of the week. Trying to hold price down without cutting quality. If folks are interested in this topic and appreciate your work, I can't believe a few $$$ is going to impact their buying decision. Your Saints book wasn't cheap but I consider it among the best $$$ I ever spent on a book. Link to comment Share on other sites More sharing options...
RWB Posted May 10, 2022 Author Share Posted May 10, 2022 (edited) The Saudi Gold story is one chapter in the book - not the entire contents. Here's the first page of that chapter, and a later page: Edited May 10, 2022 by RWB Oldhoopster and GoldFinger1969 2 Link to comment Share on other sites More sharing options...
Alex in PA. Posted May 10, 2022 Share Posted May 10, 2022 This is an excellent post. Another of my 'Learning GoldFinger1969 1 Link to comment Share on other sites More sharing options...
Woods020 Posted May 14, 2022 Share Posted May 14, 2022 Roger I’m sure you saw the recent article in coinweek on the Saudi Gold. Ironically I saw the first one in the wild for sale this week. Ugly critters but a neat story. https://coinweek.com/coins/unique-unusual/unusual-items-us-mint-gold-disks-made-for-oil-payments-to-saudi-arabia/?fbclid=IwAR3XpU7j0f8eYRDWDSuPzEMPO_VguDCAJ4UBum8bOQZcUwCN50xdh3xGkCc GoldFinger1969 1 Link to comment Share on other sites More sharing options...
RWB Posted May 14, 2022 Author Share Posted May 14, 2022 (edited) On 5/13/2022 at 10:25 PM, Woods020 said: Roger I’m sure you saw the recent article in coinweek on the Saudi Gold. Ironically I saw the first one in the wild for sale this week. Ugly critters but a neat story. https://coinweek.com/coins/unique-unusual/unusual-items-us-mint-gold-disks-made-for-oil-payments-to-saudi-arabia/?fbclid=IwAR3XpU7j0f8eYRDWDSuPzEMPO_VguDCAJ4UBum8bOQZcUwCN50xdh3xGkCc The glued together article and the two "source" articles are mostly nonsense. Here's a 1-sovereign equivalent disc that I own. Obverse is mostly PL around the inscription and reverse is PL in untextured areas. The "grade" is MS-64, but it's one of the best I've found. I'd love to find an equivalent condition 4-sovereign piece. Yes, I "overpaid" for the disc because I wanted quality and not merely some paper label. The owner of the 1933 DE will fully understand. Edited May 29, 2022 by RWB Quintus Arrius 1 Link to comment Share on other sites More sharing options...
Quintus Arrius Posted May 29, 2022 Share Posted May 29, 2022 Yikes! It's got more gold than a Rooster 🐓 and is finer, to boot. Well done. Very well done! 👏 GoldFinger1969 1 Link to comment Share on other sites More sharing options...
Zebo Posted August 25, 2022 Share Posted August 25, 2022 Roger, any update on the book? Came across this photo which prompted my question. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
RWB Posted March 3 Author Share Posted March 3 (edited) Saudi Gold and other Tales from the Mint, has been received from the printer. I am also sending copies to the ANA Library for loans to members, and my local county Library for nationwide Interlibrary Loan (ILL). Copies are on their way to hobby publications for review. The cover and an excerpt (above) have already been posted. Go to the Coin Marketplace forum to read the press release. Edited March 3 by RWB Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted March 3 Share Posted March 3 I wonder how Saudi Arabai, the folks at Bretton Wood, or anybody could really "trust" the U.S. government on a gold pledge after what they did in 1933 ? Link to comment Share on other sites More sharing options...
RWB Posted March 4 Author Share Posted March 4 On 3/3/2023 at 6:23 PM, GoldFinger1969 said: I wonder how Saudi Arabai, the folks at Bretton Wood, or anybody could really "trust" the U.S. government on a gold pledge after what they did in 1933 ? The free market in gold was already above $27 when the surrender EO was published. You're somehow confusing trying to maintain a gol;d standard agains the entire rest of the world, with imminent failure of the American economy..... I do not understand the narrowness. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted March 4 Share Posted March 4 On 3/3/2023 at 7:17 PM, RWB said: The free market in gold was already above $27 when the surrender EO was published. You're somehow confusing trying to maintain a gol;d standard agains the entire rest of the world, with imminent failure of the American economy..... I do not understand the narrowness. I just look at it as breaking one's word. Doing lots of reading on the months before and after EO 6102 and it's fascinating. I'll report back when I do more DD. Link to comment Share on other sites More sharing options...
RWB Posted March 4 Author Share Posted March 4 In 1933 the only other "country" on a circulation gold exchange standard was South Africa -- which was a dependency of Britain. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted March 4 Share Posted March 4 On 3/3/2023 at 10:02 PM, RWB said: In 1933 the only other "country" on a circulation gold exchange standard was South Africa -- which was a dependency of Britain. Yeah, the book mentions some of the smaller "holdouts" but once the U.S. and U.K. went off that was all she wrote. Link to comment Share on other sites More sharing options...
RWB Posted March 4 Author Share Posted March 4 On 3/4/2023 at 1:34 AM, GoldFinger1969 said: Yeah, the book mentions some of the smaller "holdouts" but once the U.S. and U.K. went off that was all she wrote. Meaning --- there was no longer any international "standard" or valuation fix to monies. The purpose of an internal standard price of gold was gone, also. The conservative-pragmatic approach to such a situation is to get rid of something (especially an expense) that no longer operates or is not needed. Link to comment Share on other sites More sharing options...
GoldFinger1969 Posted March 4 Share Posted March 4 On 3/4/2023 at 12:06 PM, RWB said: Meaning --- there was no longer any international "standard" or valuation fix to monies. The purpose of an internal standard price of gold was gone, also. The conservative-pragmatic approach to such a situation is to get rid of something (especially an expense) that no longer operates or is not needed. At the time, it was probably needed. I don't think a gold standard works today and is impractical in dealing with exogenous shocks (2008, 2020). Forcing sales of gold is entirely separate IMO and my main beef with FDR. Link to comment Share on other sites More sharing options...
RWB Posted March 4 Author Share Posted March 4 If most countries were not using it, it was not needed in the US either. It meant that if the US Govt held domestic price at $20.67, and the non-US price floated above that, then every ounce would be exported. If the Govt prohibited export, the market would shift to smuggling. It put the US in speculative conflict. Prohibition was a good example of the US trying and failing to buck everyone else. GoldFinger1969 and olympicsos 2 Link to comment Share on other sites More sharing options...
RWB Posted March 4 Author Share Posted March 4 Details on the new book are on the Coin Marketplace. But, members can ask questions here. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
RWB Posted March 13 Author Share Posted March 13 There's a nice review in Coin World for this week. GoldFinger1969 1 Link to comment Share on other sites More sharing options...
Zebo Posted March 13 Share Posted March 13 (edited) On 3/12/2023 at 8:44 PM, RWB said: There's a nice review in Coin World for this week. Haven’t seen the review, but the book should be here any day. Look forward to reading it. The chapters are an interesting progression and I’m particularly eager to see what you share in the last chapter. Interesting end. Edited March 13 by Zebo Link to comment Share on other sites More sharing options...
roadbike Posted 3 hours ago Share Posted 3 hours ago I'll want to read this book. Might you consider, instead of a white color as the background on the book jacket, a beige or "light gold" background? Link to comment Share on other sites More sharing options...
RWB Posted 3 hours ago Author Share Posted 3 hours ago On 3/25/2023 at 3:55 PM, roadbike said: I'll want to read this book. Might you consider, instead of a white color as the background on the book jacket, a beige or "light gold" background? The book has already been printed. More detail is on the Coin Marketplace forum. I specifically wanted a bright white on the cover to make the green text "pop out" a little. Beige-range colors tend to indicate bland or generic -- that's why home builders use beige carpet and paint. Link to comment Share on other sites More sharing options...
Zebo Posted 3 hours ago Share Posted 3 hours ago On 3/25/2023 at 4:12 PM, RWB said: The book has already been printed. More detail is on the Coin Marketplace forum. I specifically wanted a bright white on the cover to make the green text "pop out" a little. Beige-range colors tend to indicate bland or generic -- that's why home builders use beige carpet and paint. I have the book and the green does pop! Link to comment Share on other sites More sharing options...
Quintus Arrius Posted 1 hour ago Share Posted 1 hour ago (edited) [@roadbike: Pardon my impertinence, but as someone with a life-long intermittent familiarity with publishers who edit at will, excise entire chapters--and even have a say in the title you choose and how many pages your book must have, how would you feel if you walked into a bike shop and it were suggested (as Henry Ford famously said) you could have any color bike you want as long as it's black?] Edited 1 hour ago by Quintus Arrius Insertion of closing bracket. Link to comment Share on other sites More sharing options...