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Gold Coins
A Versatile Investment Opportunity and Confiscation Hedge: For the individual interested in combining gold ownership with numismatic investment potential and protection against against possible gold confiscation, historic pre-1933 gold coins offer a rich vein of opportunity. These gold coins were minted by many European governments, also by the United States during the nineteenth century and early twentieth centuries for commercial circulation within those countries. There were hundreds of various mints in many weights and currency denominations. They were used in everyday purchases and as settlement between nation-states for purposes of trade. They are the surviving remnants of a time when the global monetary system was based on gold money issued at a standard purity and weight. As an example, the entire British Sovereign coins were minted with a pure gold weight of 0.2354 ounces. All of the U.S. twenty dollar gold pieces were minted with a pure gold weight of 0.9675 ounces. It is due to that standardized purity and weight that these items traded readily during that time and continue to trade readily in this present time. In this part you will learn why the addition of pre-1933 gold coins has become of utmost importance to a wide grouping of investors in gold; first, as items which track the gold price; second, as collectors’ items with medium- to long-term potential in profits; and third, as a defense against government confiscation and/or other forms of government intervention in the marketplace.
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