“Pre-1933 gold” refers to any legal tender gold coins made before the year 1933. 1933 is a crucially important date in the history of gold. It marked the end of circulating gold coinage in the United States. The value of pre-1933 US gold coins is based on the coin’s gold content, its condition, and its rarity.
Former circulation US gold coins are often referred to as Pre-33 Gold due to the changes that took place in US currency during the Great Depression.
Is pre 33 gold a good investment
With little or no risk of a coin’s numismatic value declining, and with huge upside potential, investing in almost pre-1933 US gold coins, such as the $20 Saint-Gaudens coin, seems like a no-brainer for the discerning investor. There will certainly be reasons why pre-1933 US gold coins represent a unique opportunity to locate.
What Karat is pre 33 gold
Evolution of the gold content in gold up to 33 years
From 1795 to 1833, all U.S. gold coins produced by your U.S. Mint contained 22 carat gold coins, which was then called the English crown. Under the 11/12 directive, US coins were to be pure gold as well as 1/12 alloy.
How much gold is in pre 33 coins
Pre-1933 U.S. gold coin sizes and designs
Up to 1209.9675 oz. compared to gold, with the addition of copper to increase its strength. The three most famous gold coin designs prior to 1933 are the Indian head, the Saint-Gaudens head, and the Liberty Designs head.
Can pre-1933 gold coins be confiscated
Had bullion been confiscated prior to 1933, gold coins would have been the only legal form of monetary ownership of steel.
What is pre-1933 gold
Pre-1933 gold is used to describe US coins. Legal tender gold coins minted between 17 years. Denominations added to the gold dollar, quarter eagle ($2.50), three-year dollar, half eagle ($5), great eagle ($10), and double eagle ($20).
Why invest in pre 33 gold coins
Investing in up to 33-karat gold dollars can be a great way to expand your bullion pool, which includes these historic and numismatic items. SD Bullion warrants that the products are genuine US Mint products. Today you will find people in our holdings in a variety of conditions, including expert ones.
Are pre-1933 US gold coins exempt from confiscation
However, we know that pre-1933 U.S. gold coins have the best chance of being exempt from forfeiture because they display that status and are valued above personal gold. So a pre-1933 vintage American watch offers more insurance coverage for your bullion, as well as increased upside potential.