Contrary to what some believe, all gold is not created equal.
Pre-1933 gold coins are a valuable addition to any investor's portfolio and provide several benefits over other types of gold. Pre-1933 gold can be both acquired, held, and liquidated privately, and a trio of factors - weight, scarcity, and condition - contribute to the value of each coin, creating a history of stable, consistent growth.
You may be wondering what makes the year 1933 so significant for gold. On April 5, 1933, President Franklin D. Roosevelt dealt with the monetary and banking crisis at the height of The Great Depression by signing Executive Order 6102, which was in effect a national gold confiscation stripping gold owners of the gold they held to insure their financial futures and outlawing the private ownership of gold. U.S. citizens were required to turn in all but 5 ounces per person to the Federal Reserve in less than a month's time -- by May 1, 1933. It is estimated that 99% of the gold coins minted prior to 1933 were confiscated from the public and melted down. Today, that remaining 1% of Pre-1933 gold coins have increased value due to their rarity, and it is precisely that rarity factor that most experts agree make them exempt from future confiscation under existing law.
Capital Gold Group is not required to report the purchase or sale of Pre-1933 gold to any governmental agency, and therefore there is no need for you to provide a Social Security number to complete the transaction.
The most recognized and sought after Pre-1933 gold coins are the Saint-Gaudens and Liberty $20 gold pieces, each of which contains approximately 1 troy ounce of gold. The Liberty coin and the Indian coin were also minted in smaller denominations of $10, $5, $2.5, and $1. This variety of coins, populations, and denominations allows our Gold Specialists to design your coin portfolio to closely match your desired investment amount.
