Bargains in Pre – 1933 U.S. Gold Coins
Low Gold Price Offers Opportunities to Acquire Historic Pre-1933 U.S. Gold Coins at Attractive Prices
Until 1933, the U.S. Mint produced gold coins for use in general circulation. Pursuant to the Act of April 2, 1792, the first U.S. gold coins were minted in 1795-1796. These initial gold coins were the Capped Bust Eagles (face values $2.50, $5.00 and $10.00) and were .9167 fine gold (22K) – the same percentage gold mix that today’s American Gold Eagles are minted. In 1834, the fineness of the gold used in the minting of U.S. gold coins was changed from .9167 to .8992 and changed again 1837 to .900 where it remained as long as U.S. general circulation gold coins were minted.
In connection with President Roosevelt’s Executive order 6102 of April 5th 1933 “forbidding the hoarding of gold coin, gold bullion, and gold certificates within the continental United States,” the U.S. Mint ceased producing gold coins for general circulation.
During the 138 year history of gold coins in the America, the United States Mint produced the following coins:
One Dollar Gold Coins (1849-1889)
Two Dollar Fifty Cents Gold Coins – Quarter Eagles (1796 – 1929)
Three Dollar Gold Pieces (1854 – 1889)
Four Dollar Gold Pieces (1879- 1880)
Five Dollar Gold Pieces – Half Eagles (1795 – 1929)
Ten Dollar Gold Pieces – Eagles (1795 – 1933)
Twenty Dollar Gold Pieces Double Eagles (1849 – 1933)
The most common gold coins available today for purchase near the price of simple bullion coins are the Quarter Eagles ($2.50 face value), Half Eagles ($5.00), Eagles ($10.00) and Double Eagles ($20)
The price of gold has fallen more than 10% in 2018, making pre-1933 gold coins available at more attractive prices.
Two Dollar Fifty Cents Gold Coins – Quarter Eagles (1796 – 1929)
The composition of these Quarter Eagle coins is 90% gold and 10% copper, each coin containing approximately 0.12094 troy oz of pure gold
$2.50 Liberty Quarter Eagle Gold Coins (1840-1907)
$2.50 Indian Quarter Eagle Gold Coins
Five Dollar Gold Pieces – Half Eagles (1795 – 1929)
The composition of these gold Half Eagle coins is 90% gold and 10% copper, each coin containing approximately 0.24187 troy oz of pure gold.
$5 Liberty Half Eagle Gold Coins (1839-1907)
$5 Indian Half Eagle Gold Coins
Ten Dollar Gold Pieces – Eagles (1795 – 1933)
The composition of these Gold Eagle coins is 90% gold and 10% copper, each coin containing approximately 0.48375 troy oz of pure gold.
$10 Liberty Eagle Gold Coins
$10 Indian Eagle Gold Coins
Twenty Dollar Gold Pieces Double Eagles (1849 – 1933)
The composition of these Double Gold Eagle coins is 90% gold and 10% copper, each coin containing approximately 0.96750 troy oz. of pure gold.
$20 Liberty Double Eagle Gold Coins (1849-1907)
$20 Saint Gaudens Double Eagle Gold Coins (1907-1933)
Click to browse all pre-1933 U.S. gold coins
* Jewelry Grade coins may show some wear, signs of cleaning or previous use in jewelry. This however makes jewelry grade coins one of the most affordable ways to purchase genuine pre-1933 gold.
This article by BGASC is not, and should not be regarded as, investment advice or as a recommendation regarding any particular course of action.