During the Great Depression in 1933, Americans were prohibited to own gold coins. These gold coins where minted before 1933 and available in different values, grades, and designs. However, President Franklin Roosevelt orders that these gold coins be surrendered to the U.S. Treasury. While a few people were able to keep some, most of these coins were melted and made into gold bars.
Surviving pre 1933 gold coins are still in circulation today. Many coin collectors and investors are vying to have them in their portfolios. Because pre 1933 gold coins are scarce, they are sold at premium prices. The three most common gold coins include the Saint Gaudens Gold Eagles, The Indian Eagles, and the Liberty Gold Eagles.
Today, you can find these gold coins in many coin dealers, but not all of them are authentic. If you are looking for the real and legit ones, go to First Class Coins. We are one of the most reliable coin companies in the country today. Call us to know more.
First Class Coins is one of the most respected full service coin companies in the United States. We buy and sell collector coins, banknotes, precious metals and estate jewelry throughout the world and online through our website featuring hard-to-find rare coins, coin collections, as well as excellent investment quality pieces.