According to Maloney's Guide to Investing in Gold and Silver, the FDR government prosecuted only a single person for failing to turn in their gold -- he was exonerated by the judge. So nobody was actually convicted of hoarding gold.I wonder how they actually got people to bring in their silver & Gold? Or did people keep it in banks in those times ?
I try to buy cash for this reason person to person or from a coin dealer.
The problem is that too many people are sheep, and comply with what the government says.