Gold and Silver Eagle Coins
World’s bestselling coins
American Eagle Gold Bullion Coins are the world’s bestselling gold bullion coins. Gold Eagles,
History of coins
In an attempt to end the 1930s general bank crisis, U.S. president Roosevelt issued Order 6102 in 1933 and also the Gold Reserve Act in 1934, that outlawed the circulation and non-public possession of United States gold coins for general circulation, with an exemption for coin collections. This act declared that gold coins were not legal tender within the United States, and persons had to flip in their gold coins for different varieties of currency.
The 1933 gold Double Eagles were struck when the same government order, but because they were now not legal tender, most of the 1933 gold coins were melted in late 1934 and a few were destroyed in tests. Two of the $20 Double Eagles were presented by the United States Mint to the U.S. National Numismatic Assortment, and that they were recently on display within the “Money and Medals Hall” on the third floor of the National Museum of American History
While your paper assets go down in value, the value of gold
and silver go up.Keep pace with inflation and preserve your wealth now.
That really means is that gold and silver hold their value while papers value flies away. This is not something new. Just look at the history of paper money.
Most Americans do not realize the US Gov’t is bankrupt.The dollar is down some 97% of what it used to be.Convert your cash now to Real Money. This window of opportunity is closing fast.
Always remember, to do the first four basics of preparedness first, 1. Food 2. Water 3. Medical 4. Shelter. Then if one has some money left then consider gold and silver.
When push comes to shove, you cannot eat gold or silver.
Gold Eagle Coins availability
Since the financial crisis of 2008, the US Mint has dedicated its production to the 1-oz Gold Eagles and the 1-oz Silver Eagles. The fractional-ounce Gold Eagle coins for 2009 were not released until December. Although the Mint produced more fractional-ounce Gold Eagles dated 2009 than in the immediate prior years, they are difficult to find and when found carry premiums well above premiums at which the coins have been sold in the past.
The two coins ought to have been the only 1933 Double Eagle coins in society today. But, unbeknownst to the Mint, a range of the coins (twenty have been recovered so way) were illegal gotten, presumably by the U.S. Mint Cashier, George McCann. At least 9 of these coins, that were illegal to keep, found their way via Philadelphia jeweler Israel Switt, into the hands of collectors.
The coins circulated amongst collectors for many years before the Secret Service became responsive to their existence. The matter came to the attention of officials in the Mint when an investigative reporter looked into the history of the coins and contacted the Mint as half of his analysis. As a result, a political candidate investigation was begun by the Secret Service in 1944. Seven of the coins were found and brought by federal agents among the primary year of the investigation, with one coin remaining in public possession until 1952.