Govt Issued Gold Coins

The limitation on gold ownership in the us was repealed after president gerald ford signed a bill legalizing private ownership of gol.

Govt issued gold coins.

The coinage act of 1792 was the first law to authorize the production of gold coins in the united states of america. Produced from gold mined in the united states american eagles are imprinted with their gold content and legal tender face value. Physical gold coins coins are produced by government mints to serve as currency in the country in which they are made. Gold coins obverse of a capped bust 10 gold eagle.

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. Our catalog of gold bullion coins includes. 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. 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.

Mint are beautiful pieces of art in precious metal. Our wide selection of numismatic items include gold silver and platinum coins program coins annual coin sets proof sets commemorative coins and uncirculated coins. Mint royal canadian mint the austrian mint and australia s perth mint. Roosevelt forbidding the hoarding of gold coin gold bullion and gold certificates within the continental united states the executive order was made under the authority of the trading with the enemy act of 1917 as amended by the emergency banking act in march 1933.

Gold coins produced and sold for collectors gold coins produced by the u s. Each coin is usually marked with a face value indicating its value as currency. 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. Gold coins included the eagle with a face value of 10 the half eagle at 5 and the quarter eagle at 2 50.

Today anyone can be a coin collector and own a piece of history from the u s. Only numismatic gold coins were exempt from this order which the. Coins are produced in proof and uncirculated finishes in varying composition ranging from one tenth to one ounce and 22 or 24 karat gold. Executive order 6102 is an executive order signed on april 5 1933 by us president franklin d.

American gold coinage is admired by collectors worldwide. Nickels dimes quarters pennies and silver dollars are all examples of coinage that have been minted in the united states.