[Sequoyah101]

I remember the latter and not so much the former but I’ll take your word for it without verification.

One has to wonder how defeated France acquired so many gold certificates?

I do recall that a ‘63 pickup was about 1200 and a ‘68 about 1800 or so. In ‘72 it was 2800 but for a much nicer truck with AC.

[Pelham]

"We reinterpret the commonly held view in the U.S. that France, by following a policy from 1965 to 1968 of deliberately converting their dollar holdings into gold helped perpetuate the collapse of the Bretton Woods International Monetary System. We argue that French international monetary policy under Charles de Gaulle was consistent with strategies developed in the interwar period and the French Plan of 1943. France used proposals to return to an orthodox gold standard as well as conversions of its dollar reserves into gold as tactical threats to induce the United States to initiate the reform of the international monetary system towards a more symmetrical and cooperative gold-exchange standard regime."

France and the Bretton Woods International Monetary System: 1960-1968

"In October 1959, a Yale professor sat in front of Congress' Joint Economic Committee and calmly announced that the Bretton Woods system was doomed. The dollar could not survive as the world's reserve currency without requiring the United States to run ever-growing deficits. This dismal scientist was Belgium-born Robert Triffin, and he was right. The Bretton Woods system collapsed in 1971, and today the dollar's role as the reserve currency has the United States running the largest current account deficit in the world..."

How The Triffin Dilemma Affects Currencies How The Triffin Dilemma Affects Currencies