Pre - 1933 U.S. Gold Coinsonrcoinsdev
Please visit our Rare Coins page to view our current inventory of collectable gold coins.
|0.9675 oz||33.463 g||US $20||34.0 mm||2.41 mm||.900|
|0.4838 oz||16.718 g||US $10||27.0 mm||2.03 mm||.900|
|0.2419 oz||8.359 g||US $5||21.6 mm||1.59 mm||.900|
|0.1210 oz||4.180 g||US $2.5||18.0 mm||1.27 mm||.900|
From 1795 until 1933, the United States Mint produced circulating gold coins for commerce in denominations of 1, 2.5, 3, 4, 5, 10, and 20 dollars. These coins are 90% pure gold, with a net gold weight of up to 0.9675 ounces. An alloy of 90% gold and 10% copper was used throughout history because of its superior durability compared to pure gold. These U.S. gold issues include some of the most beautiful coins the world has ever minted and are highly prized by numismatic collectors and investors alike. Many specimens of this period carry significant historical importance and are incredibly rare. Indeed, U.S. gold coins have sold for up to $7.5 million at auction in recent years.
At the same time, there are many numismatic gold coins that are relatively common in circulated and mint-state grades. These coins, like bullion coins, can be acquired for modest premiums over their melt value. One important difference between numismatic and bullion coins is that when the price of gold trends upward, numismatic coins often increase in price several percent more than bullion coins. For example, when gold spiked from $560 to $726 per ounce in 2006, MS-63 Saint Gaudens double eagles increased from $766 to $1,027— beating the return on bullion coins by 5.5%. Thus, there are periods where numismatic gold coins can outperform their bullion counterparts—a situation that can be exploited by the savvy investor. In addition, when you invest in a pre-1933 gold coin you are investing in both the coin's gold value and its numismatic value. This affords greater financial stability than investing in bullion alone. Finally, as discussed in the section on rare coins, coins with numismatic value have outperformed bullion over the long term. For these reasons, pre-1933 coins are an excellent way to own physical gold, and are in fact the preferred gold investment offered through Olevian Numismatic Rarities. Please visit our Rare Coins page to view our current gold coin inventory, or visit the section on rare coin investments for more information on numismatic gold coins, coin grading, certification, and other related topics.