Govt Issued Gold Coins

Our catalog of gold bullion coins includes.

Govt issued gold coins.

The inspiration of this post came from a recent customer who informed us that his mother in law was recently convinced by a coin broker to exchange her government issued gold coins for privately minted rounds due to the risk of government confiscation. Gold coins included the eagle with a face value of 10 the half eagle at 5 and the quarter eagle at 2 50. Physical gold coins coins are produced by government mints to serve as currency in the country in which they are made. Coins are produced in proof and uncirculated finishes in varying composition ranging from one tenth to one ounce and 22 or 24 karat gold.

Each coin is usually marked with a face value indicating its value as currency. Since 1795 the united states mint has produced u s. Mint are beautiful pieces of art in precious metal. The coin broker shared with his mother in law that president roosevelt signed into law executive order 6102 in 1933 which made it illegal to hold government issued gold coins.

Nickels dimes quarters pennies and silver dollars are all examples of coinage that have been minted in the united states. Gold coins obverse of a capped bust 10 gold eagle. Today anyone can be a coin collector and own a piece of history from the u s. The limitation on gold ownership in the us was repealed after president gerald ford signed a bill legalizing private ownership of gol.

Silver denominations included the 1 dollar 50 half dollar 25 quarter 10 dime and 5 half dime which later became the nickel. The coinage act of 1792 was the first law to authorize the production of gold coins in the united states of america. Gold coins as both circulating coinage and as collector pieces for more than 223 years. Only numismatic gold coins were exempt from this order which the.

Executive order 6102 is an executive order signed on april 5 1933 by us president franklin d. Our wide selection of numismatic items include gold silver and platinum coins program coins annual coin sets proof sets commemorative coins and uncirculated coins. Gold coins produced and sold for collectors gold coins produced by the u s. We specialize in offering government issued gold bullion coins which means your purchase is backed by some of the world s most esteemed minting facilities like the u s.

Mint royal canadian mint the austrian mint and australia s perth mint. Authorized by the bullion coin act of 1985 american eagle gold bullion coins quickly became one of the world s leading gold bullion investment coins.