Tag: Pre-1933 Gold Coins

  • REDIRECTION How much Gold was Confiscated in 1933 😒?

    Reading Time: 8 minutes The 1933 Gold Confiscation, a response to the economic challenges of the Great Depression, marked the U.S. government’s departure from the gold standard. Faced with a reduction in circulated currency due to the widespread conversion of funds to gold by both individuals and foreign governments, President Franklin Roosevelt took action on…

  • Keep an eye out today because Costco will be restocking the Rand 1oz gold bar at the price of $1,949.

    Reading Time: 2 minutes It’s Item #1768080. Keep an eye out today, though we’re uncertain about the exact timing. Costco is set to restock the Rand 1oz gold bar at a price of $1,949, unless they adjust it upwards due to this morning’s spike in the spot price. Remember to utilize the Chase Freedom Flex…

  • Slabbed or Raw: Choosing Pre-33 Gold Coins.

    Reading Time: 4 minutes When selecting pre-33 gold coins, collectors must decide between purchasing slabbed or raw coins. Here’s what to consider: Acquiring Pre-33 gold coins presents a choice: raw or slabbed? Opting for raw coins demands practice, ensuring you’re securing genuine pieces with original surfaces, which can be a competitive endeavor on platforms like…

  • What is causing the current high premium on pre-33 gold?

    Reading Time: 3 minutes In 2017 and 2018, I recall hearing that you could purchase pre-33 gold coins in decent condition either below the spot price or slightly above it. Does anyone have insight into why the prices have experienced such a dramatic increase, resulting in premiums of 20% to 40%? Additionally, what could be…

  • Grading PRE 1933 us gold coins, does it matter?

    Reading Time: 4 minutes When it comes to the world of numismatics, the practice of coin grading plays a pivotal role in determining the value and authenticity of coins. Coin grading is a blend of art and science, where experts assess the condition, rarity, and overall quality of a coin to assign it a grade.…

  • REDIRECTION Are pre-1933 gold coins a good investment?

    Reading Time: 3 minutes Investing in pre-1933 gold coins can be a viable strategy, provided you understand the nuances involved. Firstly, it’s essential to debunk the myth that these coins are “immune from government gold confiscation.” This assertion is false and a ploy to inflate prices, so it’s wise to steer clear of such claims.…