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American Bullion Gold Eagles Vs Pre 1933 Coins

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United States
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 Posted 07/22/2018  11:30 am Show Profile   Bookmark this topic Add donniecash818 to your friends list Get a Link to this Message Number of Subscribers
Greetings and salutations!

I'm relatively new to gold and have some questions about modern coinage (American bullion gold eagles) vs pre 1933 coins, specifically which are better from an investment standpoint. Any advice would be appreciated :)

Cheers!

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Fuzzy317's Avatar
United States
14463 Posts
 Posted 07/23/2018  11:39 pm  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply


I moved your post to the appropriate section for the proper attention.
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TheBurnz's Avatar
Canada
586 Posts
 Posted 07/24/2018  08:13 am  Show Profile   Bookmark this reply Add TheBurnz to your friends list Get a Link to this Reply
I my opinion I would invest in pre 1933 gold coins. But certified ones. There is a lot of fakes out there.

Gold is gold, no matter what year they are from, but the pre 1933 coins also bring interest from a numismatic stand point. If you need to sell at some point, in my opinion your pre 1933 gold coins have a better chance to appreciate in value then modern coinage.

Modern coinage will follow the bullion market in the most part as they are available for anyone to buy when they want and high grade coins are also easily located.

Where a pre 1933 gold coin will also follow the bullion market, but will also follow the collectible market because they are not as easily located. I must also say, condition and high grades are a better investment for pre 1933 coins as this adds to there rarity.

Enjoy the hunt!
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BadDog's Avatar
United States
1374 Posts
 Posted 07/24/2018  08:44 am  Show Profile   Bookmark this reply Add BadDog to your friends list Get a Link to this Reply
Offering investment advice is a tricky thing to do, especially without knowing anything about the investor

So the oldest RedBook that I have laying around is the 1993 edition, the newest is the 2018 edition.

Here're some random data points:

1925 $20 St Gaudens Double Eagle MS60 (common date, highest grade listed back then)
1993 RedBook value - $450
2018 RedBook value - $1400
Increase - 311%

1921 $20 St Gaudens Double Eagle MS60 (keydate, highest grade listed back then)
1993 RedBook value - $21,000
2018 RedBook value - $100,000
Increase - 476%

Mar 1993 Au price ~ $330
Today's Au price ~ $1225
Increase ~ 371%

Dow Jones Industrial Average
Mar 1993 ~ 3370
Today ~ 25150
Increase ~ 746% (without considering dividends)

You can draw your own conclusions
Edited by BadDog
07/24/2018 08:54 am
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Taphandle's Avatar
United States
154 Posts
 Posted 07/24/2018  09:53 am  Show Profile   Bookmark this reply Add Taphandle to your friends list Get a Link to this Reply
I buy pre 33 gold coins as well as modern government bullion and have very few that are graded. I don't buy gold as an investment, it's just another place to put cash as I get little to no return on my savings in the bank. I buy for the gold content not the coin and I buy as close to spot as possible.

All that being said, gold just took a $100 nosedive so be diligent in your research and choices. You probably will not get rich investing in gold.
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