Get The Facts On Pre-1933 Gold Eagle Coins With Gold-Eagle.org

November 4, 2009 – Pre-1933 Gold Eagle coins have become a choice purchase during the last few years, because collectors and investors appreciate their beauty, historic significance, and wealth preservation qualities.

Coin collectors highly value the Lady Liberty, Saint Gaudens, and Indian Head coins, because these American rarities are a historic testament to the United States legacy. Investors value these rarities because they tend to appreciate more abundantly than gold bullion coins, and they’re non-confiscatable to boot.

If our government decides that our dollar can’t take any more of a beating, it may decide to recall all gold bullion products within US borders. Our nation’s leaders did this once before, in 1933. The Great Depression was bearing down on President Franklin Roosevelt, and the dollar was about to collapse. He put the United States on the Gold Standard by confiscating US citizens’ gold bullion.

Citizens were forced to accept $50 per ounce for their gold, which was then melted down and shipped to Fort Knox, Kentucky. Individuals who were found to be illegally hoarding gold were slapped with a $10,000 fine and a 10-year imprisonment. The hoarding of gold bullion was outlawed until 1971, so investors who held their bullion were “public enemies” for almost 40 years.

If our government confiscates bullion again, historic US coins like the pre-1933 Gold Eagle coins would not be subject to the recall. There aren’t enough of these historic rarities to hurt or help the dollar, and Roosevelt’s Presidential Order in 1933 exempted “coins of rare and unusual value” from confiscation. Thus, investors who want to secure their position in the gold market over a substantial amount of time should contact a reputable gold dealer today to learn more about certified, US-minted, Gold Eagle coins. 

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Joshua Harris

Senior Staff Writer - Gold-Eagle.org