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0 Panicky Greeks Paying Over $1,700 Per Ounce For Physical Gold News to Gold Prices — Tags:  
The fear running through the Greek populace is that the nation’s government may default on some of its debts. Since 1965, the Greek government has imposed restrictions on trading British Sovereign gold coins (gold content .2354 oz). Despite those restrictions, the Bank of Greece reports that it is selling an average of more than 700 coins per day to worried Greeks.

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