Apparently, it really hit the fan around here in 1934 and that is when the bank failure in question occurred. How that ties into any then-current valuation scheme for compensation is not a topic I could readily say anything about, other than the family story I’ve related.
Well, I suppose the larger point is the FDR administration confiscated all the money 80 years ago, and today America is in deep $hit. Nobody could see this coming. /sarc