2024 Philharmonic Coins Available

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2024 Austria Philharmonic 1 oz Gold Coin Reverse

The 2024 Austria Philharmonic coins are a harmonious blend of art, music, and stand as a testament to Austria’s rich cultural heritage. Issued by the Austrian Mint, these coins pay homage to one of the country’s most famous and enduring symbols: the Vienna Philharmonic Orchestra.

The Philharmonic coin series, first introduced in gold in 1989 and later in silver and platinum, encapsulates the essence of Austria’s musical legacy.

The design, crafted by the Austrian Mint’s chief engraver, Thomas Pesendorfer. It is both a celebration of music and a symbol of Austrian identity. The obverse features a depiction of the great pipe organ inside Vienna’s Musikverein, the concert hall of the Vienna Philharmonic Orchestra. The depiction is accompanied by the country’s name and the coin’s denomination, ensuring its status as legal tender.

The reverse showcases an array of orchestral instruments, including the cello, violin, harp, Vienna horn, and bassoon, representing the world-renowned orchestra. This design has remained unchanged since the coin’s inception, a decision that underscores its timeless nature.

The 2024 Philharmonic Coins are minted in silver, gold and platinum and are available from online dealers.

2024 Philharmonic Silver Coin

The 2024 Philharmonic 1 oz Silver coin is minted in pure .999 fine silver, offering a more accessible price point than its gold counterpart. The silver coin’s design mirrors that of the gold variant, maintaining the musical theme that has become synonymous with the series. The prestigious reputation of the Austrian Mint makes the Silver Philharmonic a desirable choice for those looking for a low premium option to diversify their investment portfolios with precious metals.

2024 Philharmonic Gold Coins

The Philharmonic gold coin is a solid investment and also appeals to those who appreciate the fusion of classical music, fine art and precious metals. They hold the distinction of being Europe’s first pure gold bullion coins denominated in the Euro currency, contributing significantly to their prestige and demand in the international market.

The Gold Philharmonic coin is available in various denominations and weights, including 1/10, 1/4, 1/2, and 1 troy ounce, these coins are minted from 99.99% pure gold. The gold variant has been a stalwart in the global bullion market, renowned for its fine craftsmanship, purity and low premiums.

These coins are known to have one of the lowest premiums over the spot price of gold among government-minted bullion coins. This affordability can be attributed to the Austrian Mint’s efficient production processes along with the high demand, which allows for greater economies of scale.

The combination of artistic merit, metal purity, legal tender status, and low premium makes the Philharmonic coin series particularly attractive to investors seeking cost-effective options in precious metals. The coins offer a blend of aesthetic appeal, investment security, and affordability, making them a compelling choice for diversifying assets.

2023 Black Friday Bullion Deals

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Black Friday Bullion Deals from online dealers is an annual tradition where retailers provide significant discounts to kickstart the holiday shopping season. Many of the leading online bullion retailers participate by offering discounts and deals on various precious metals items. This typically include offers for both investors and collectors.

In previous years, APMEX has offered a variety of doorbuster deals, offering discounted premiums, including any quantity pricing along with several spot price deals.

Pre-Black Friday Bullion Deals

The end of year is the perfect time to stack extra precious metals as a way to set aside some funds and be prepared next year and several dealers are already showing price drops for the upcoming Black Friday week sales.

SD Bullion

SD Bullion has begun their pre-Black Friday sale, with a deal for Silver Kilo Bars on sale for as low as 79 cents over spot per ounce in quantity. For individual bars, the premium is around $1.39 per ounce, by far the lowest available premiums for silver kilos.

For gold buyers, SD Bullion has a special offer on Johnson Matthey 1 oz Gold Bars. The premium for the first bar is just $9.99 over spot, with additional bars available at the discounted premium of $29.99.

Bullion Exchanges

Bullion Exchanges is showing prices as low as $0.70 Over Spot per oz on Italpreziosi 100 oz Silver Bars. These bars are also offered at a discounted premium through the Bullion Exchanges eBay store, which includes all credit card and PayPal fees and may be eligible for rewards points, cashback and other offers. They are also offering similar pricing on Germania Mint 100 oz Cast Silver Bars.

Bullion Exchanges has posted offers across all price points. From 5 oz Silver Bars from the Argentia Mint, to discounts on monster boxes and tubes of American Silver Eagle coins.

A variety of gold bars are on sale, ranging from as small as 5 grams to multipacks of 1 gram bars and 1 oz gold bars.

For those looking for lowest premiums should check out the variety of 100 ounce silver options available at Bullion Exchanges. These include lots of twenty 5 oz silver bars, lots of ten 10 oz silver bars, various bundles of 100 oz in silver rounds. If you’re looking to make an even larger investment, Monster Boxes with 500 oz of 1 oz silver rounds are also available.

Check out the Bullion Exchanges Black Friday Deals page for more details.

Monument Metals

Monument Metals has announced a special deal on Nadir Refinery 10 oz Silver Bars. Purchase two 10 oz silver bars and receive the second at spot price! They have created a special page on their website that includes the discounted pricing.

Be sure to check out the Monument Metals Deals page for more Cyber Week offers.

Scottsdale Mint

The Scottsdale Mint has announced a variety of discount offers. Deals are available on Scottsdale Stacker Bars, 1 oz silver rounds, 2 oz silver coins, fractional gold bars and more. Check out the deals page on their website for more information.

Silver At Spot Price Deals

This year, numerous dealers are expected to offer silver at spot deals with limited quantities available.

APMEX

APMEX has announced a variety of offers to start on Black Friday and continue through Cyber Week. These will include several deals at spot price and site-wide “any quantity” pricing, which is typically reserved for bulk quantity orders.

They are offering an addition 10% back in rewards for holders of the APMEX Bullion Card Visa Card.

APMEX is offering Poured Kilo Silver bars at spot price! You can also download the APMEX App from the deals page to get early access to APMEX Black Friday deals.

SD Bullion

The Doc has added additional offers to the early Black Friday Sale. The best deal so far, is the silver at spot price deal on their 10th Anniversary 1 oz Silver Rounds.

Low Premium Fractional Gold Coins

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20 Francs Gold Coins

An effective way to stack gold, either as a hedge or for financial security, is to buy low premium fractional gold coins. Some of the lowest premiums can be found in vintage gold coins. This include Pre-1933 US Mint gold coins as well as those that were minted throughout Europe in the late 19th and early 20th centuries. 

Most coins of this era were intended for circulation and use in merchant trade. They are minted from the same 21.6k gold found in modern American Gold Eagles and Krugerrands. However, these fractional gold coins, such as the 20 Francs Gold Coins, often carry the lowest premiums when compared to modern bullion coins.

With uncertain economic times ahead and the anticipation of regulation in the cryptocurrency market there are many investors looking for a safer hedge. 

British Gold Sovereigns

The Gold Sovereign from Great Britain is one of the most common vintage gold bullion coins. The British Gold Sovereign has been minted since 1817, but it’s history dates back much further. 

Most incorporate the iconic image of King George slaying a dragon on the reverse, with a portrait of the reigning monarch at the time of minting gracing the obverse. 

Each British Gold Sovereign coin contains .2354 troy ounces of gold, just shy of a 1/4 troy ounce. There are dozens of variations of the Gold Sovereign, minted in 22k, 91.67% gold. 

Gold Sovereigns are widely recognized worldwide and are considered to be a very liquid bullion coin. Since each coin contains just shy of quarter ounce of gold it is easy to store a tremendous amount of wealth in a compact amount of space. 

Gold 20 Francs LMU

The Latin Monetary Union (LMU) was an establishment of a gold backed “Euro” currency. The LMU was established in 1865 by treaty between France, Switzerland and Italy. Other countries eventually joined, including Belgium, Spain and others. 

Each country was responsible for minting gold and silver coins that adhered to a standard based on the French Franc. The 20 Francs gold coins were minted by dozens of mints throughout Europe and other parts of the world by the millions spanning multiple decades. The United States even expressed interest in joining and developed several “pattern coins”, including the legendary Stella $4 gold coin. The Stella coin got its name from Latin translation of “star,” referring to the reverse.

The designs vary by country of origin, but most include a portrait of the reigning leader of the country at time of minting on the obverse. The reverse will also depend on the issuing country, but will often display the term “20 Francs” or some variation of it.

Some also include the local country currency as well. For example, the 20 Francs Coin from Italy also include “20 Lira”, the 20 Francs from Hungary includes the designation of “8 Forint”, Austria includes “8 Florin”, etc.

20 Francs Gold Coins have become very popular amongst stackers due to their low premiums and high liquidity. Each 20 Francs Gold Coin is minted from 90% gold and contains .1867 troy ounces of pure gold.

Popular 20 Francs Gold Coins include:

Austria 1 ducat gold coin obverse

20 Francs Gold Helvetia from Switzerland
20 Francs Gold Rooster from France
20 Francs/20 Lire from Italy
Random 20 Francs

Gold Ducats from Austria & Hungary

The Gold Ducat was used as a trade coin. Trading merchants would use these gold coins to settle accounts for large transactions and international trade. The Ducat became popular with the Venetians when Venice was a popular trading destination. Many countries issued Gold Ducat coins.

Each Gold 1 Ducat coin contains roughly .1123 troy ounces of pure gold. Each coin is minted from 98.6% gold. Larger sizes were minted, including the 4 Ducat.

Austria 1 Ducat gold coin
Austria 4 Ducat gold coin

Investing in Vintage Gold Coins

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Many vintage gold coins come with a rich history that provides a tangible connection to a bygone era, something that modern bullion doesn’t offer in the same way. These coins represent ancient empires, defunct monarchies and bygone eras from when many economies were on a gold-standard, which can be intriguing to investors and collectors alike.

For investors who value gold as a store of wealth, vintage gold coins are seen as reliable in terms of their gold content. Given that they were minted under a standardized system, there’s a level of trust regarding their purity and weight. Because of their connection to history, they also serve as collectible items and as tangible assets with intrinsic value.

These coins were minted during an era when the world economy was based on the trusted gold-standard. Intended for circulation, most of these coins were minted with an alloy of .900 fine gold, with the remainder a more durable metal, most typically copper.

While all gold coins carry intrinsic value due to their metal content, vintage coins can also have numismatic value. The numismatic value depends on collector demand, rarity, historical significance, condition, other attributes and can fluctuate based on market conditions.

US Mint Pre-1933 Gold Coins

Gold coins minted by the United States prior to 1933 are an investment choice that is part of history. These coins often carry a numismatic premium and most trade at a premium over spot, unless in very poor or damaged condition.

When the government ordered the seizure of gold in 1933, not everyone complied with the order. Some people simply chose to keep their gold and hoped that they wouldn’t get caught. The actual enforcement of the executive order was primarily targeted prosecution against vocal opponents of the seizure. A historical use of the courts to create examples of political foes and propagandizing the media to instill fear into the people.

The executive order made exceptions for gold coins with recognized special value to collectors of rare and unusual coins, which meant numismatic (collectible) coins were exempt. Many individuals claimed their gold coins held collectible or numismatic value, even if they were relatively common.

With the passage of Public Law 93–373, signed by President Gerald Ford on August 14, 1974, Americans regained the right to own gold, which had profound implications for the gold market, the economy, and individual financial freedom. The law repealed the restrictions on private ownership of gold that had been in place since President Franklin D. Roosevelt’s Executive Order 6102 in 1933, reflecting a changing view toward gold ownership and the role of gold in the U.S. financial system.

Pre-1933 U.S. gold coins represent an era in American numismatics before the significant gold recall and meltdown. Owning these coins is akin to holding a tangible piece of American history.

In addition to their bullion value, many pre-1933 gold coins have numismatic or collector value. Rarity, condition, mint marks, and historical significance can make certain coins particularly sought after by collectors. Pre-1933 U.S. gold coins like the Saint-Gaudens $20 Double Eagle and the Liberty Head design are well recognized among coin dealers and collectors worldwide. Their gold content and purity are consistent and widely accepted.

Mexican Peso Gold Coins

Mexico City is home to the oldest mint in North America, established in 1535 under decree of the Spanish Crown. Vintage Mexican Gold Peso coins are some of the most beautifully designed gold coins in the world.

The Mexican gold peso, especially the “Centenario” 50 pesos coin, holds a notable place in the realm of gold coinage. The smaller denominations of Mexican gold peso coins, namely the 2, 2.5, and 5 gold peso coins, were introduced in various periods of the 20th century as both commemorative and circulating coins.

Introduced in 1921 to commemorate the 100th anniversary of Mexico’s independence from Spain, the Centenario became a mainstay in the international gold market. Its purity and the reputation of the Mexican Mint made it a trusted coin for international trade, especially in regions with close economic ties to Mexico.

The smaller denominations of Mexican gold peso coins were introduced in various periods of the 20th century as a reliable store of value. Most of these coins have seen limited circulation because of the high gold content.

European Gold Coins

Most countries in Europe minted gold coins during the 17th, 18th, 19th and even into the early 20th century. Most were intended for use in merchant trade were widely circulated. Although today they are mainly considered bullion coins, many are in surprisingly good condition for their age and can have additional numismatic value.

20 Francs

The Latin Monetary Union (LMU) was a 19th-century to unify several European currencies into a single gold-standard based around the French Franc, which facilitated trade and commerce among member nations. The LMU established standardized weights, denominations and purity specifications for the gold or silver content of coins.

The coins were minted to a common specification that could be used in all member states, similar to how the Euro is used today across the Eurozone.

Many gold coins from LMU member states, like the French Gold Rooster or the Swiss Vreneli, have become iconic. These coins feature designs that resonate with the culture and history of their respective nations.

Although the weight and purity of the gold were standardized across LMU members, each country had its own design for these coins. For instance:

  • France had the “Napoleon” coin depicting Napoleon III.
  • Switzerland’s 20 franc coin featured the bust of Vreneli.
  • Italy had the 20 lire coin with designs such as King Victor Emmanuel II.
  • Belgium, Greece, and other member and affiliated states had their distinct designs.

The gold content in 20 franc coins is consistent, set to 0.1867 troy ounces (5.805 grams) of gold. This makes them easy to trade, as their gold value is straightforward to calculate. Because they are not as actively minted as modern bullion coins, and their fractional size, the premiums on 20 franc coins can be lower than on more popular gold bullion coins, offering a cost-effective way to invest in gold. Their smaller size compared to a one-ounce gold coin makes them more affordable for individual investors, allowing for more incremental investments.

Gold Sovereign

By the latter half of the 19th century and early 20th century, the gold sovereign had become the “chief coin of the world,” circulating widely not just in the British Empire but also in international markets and areas outside direct British influence. It was a favored coin for international trade and was often held in central banks as a reserve currency.

The Royal Mint established branches in Sydney (1855), Melbourne (1872), and Perth (1899). Australian sovereigns can be identified by mintmarks S, M, or P respectively and were minted until 1931.

The Ottawa branch of the Royal Mint in Canada produced sovereigns from 1908 to 1919. The Pretoria branch minted sovereigns from 1923. The Bombay branch of the Royal Mint produced sovereigns only in 1918.

Dutch Gulden

The Dutch 10 Gulden coin is a notable gold coin from the Netherlands that holds historical and numismatic significance and was part of the country’s currency system before the adoption of the Euro.

The 10 Gulden gold coins were minted at various times during the late 19th and early 20th centuries. The designs of the coins featured the reigning monarch of the Netherlands at the time of minting. For instance, coins from the late 19th and early 20th centuries commonly bore the likeness of King Willem III or Queen Wilhelmina. The reverse side typically featured the national coat of arms and the denomination.

These coins are prized by collectors for their historical significance, gold content, and artistic design. The value of a 10 Gulden coin can vary based on its condition, rarity, and the specific year of minting as well as the intrinsic value of the .1947 troy ounces of gold.

The 10 Gulden gold coins are a reflection of the Netherlands’ rich history and its economic status during the times they were minted. They were part of a broader system of gold-based currency that was common in Europe prior to World War I and the subsequent shift to fiat currencies.

Given their gold content and historical significance, Dutch 10 Gulden coins are sought after by both gold investors and numismatic collectors. They offer a glimpse into the Dutch monetary history and are considered valuable pieces in European gold coin collections.

In summary, the Dutch 10 Gulden coin is a historic gold coin that represents a significant period in the monetary history of the Netherlands. Its collectability stems from its gold content, artistic designs, and the historical context under which it was minted.

Conclusion

Beyond their intrinsic gold content, vintage coins can have additional numismatic or collector’s value. Coins that are rare, in high demand, or in excellent condition can command prices significantly above their melt value.

Vintage gold coins provide an alternative avenue for diversifying a precious metals portfolio. While modern bullion may track the spot price of gold more directly, vintage coins can have value fluctuations based on their rarity, demand, and condition, offering a different investment dynamic.

Older coins often feature intricate designs and craftsmanship that differ from modern coins. The artistry of past eras, combined with the historical context, can make vintage coins more appealing to some collectors and investors. Holding a vintage gold coin provides a tangible connection to a bygone era, something that modern bullion doesn’t offer in the same way. vintage gold coins offer both tangible and intangible benefits that extend beyond mere gold content. Their historical, artistic, and numismatic aspects make them a favored choice for many collectors and investors with an appreciation for history and artistry.

What gold coins are 22k?

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Many gold coins minted around the world are 22-karat gold, which means they are made up of 91.67% gold and 8.33% of other metals, usually copper or silver, to make the coins more enduring for circulation.

The British Gold Sovereign, minted since 1817, is one of the most widely circulated 22k gold coins in the world.

Many 22-karat gold coins are favored by investors because the addition of other metals, like copper, provides added durability, making them less prone to scratches and dents compared to 24-karat gold coins.

  1. American Gold Eagle: Introduced in 1986, the American Gold Eagle is the official gold bullion coin of the United States. It’s alloyed with copper and silver.
  2. South African Krugerrand: One of the most recognized gold bullion coins worldwide, the Krugerrand was first minted in 1967 and was the dominant choice for gold investors until the 1980s. It’s alloyed with copper.
  3. British Sovereign: A historic coin that has been minted since 1817, the Sovereign has been used across the British Empire as a circulating coin. It’s made from a gold and copper alloy.
  4. British Gold Britannia (pre-2013): The Britannia is the UK’s official bullion coin. While the coin was originally produced in 22k gold, since 2013, it has been minted in 24k (or .9999 fine) gold.

What Are the Pros and Cons of 24k vs. 22k Gold Coins?

Many investors who are learning about gold coins often wonder whether or not there is a difference when considering 24k or 22k gold coins. Each contains the same 1 troy ounce of pure gold.

Modern 22k gold coins, like the Krugerrand and Gold Eagle, each have a gross weight of 33.93 grams or 1.09 troy ounces. In addition to the one ounce of gold, each of these coins contains small amounts of copper and silver to provide rigidity and strength that helps to protect the coins from scratches and nicks that can occur when handling. The addition of the alloy also gives these coins an orangish hue.

Pure 24k coins contain only the gold. Pure gold is soft and malleable, making these coins more susceptible to scratches, dents, and dings. Due to their high gold content, they often have a brighter, more distinct yellow color.

In deciding between 24k and 22k gold coins, investors should consider their own preferences and priorities, whether they value durability over purity, historical significance over modern appeal, or vice versa. Both types offer the same intrinsic gold value and can be excellent additions to an investment or holdings.

US Mint Updates 2023 Product Release Schedule

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The United States Mint releases a large variety of numismatic and bullion coins each year. Some of the coins are commemorative issues that are based upon various cultural themes.

The product release schedule is updated periodically as materials and production capacity adjustments are made. The Mint has provided an update to its 2023 numismatic products launch schedule through the end of November.

The sales launch schedule for the remainder of the year follows.

  • Aug. 9: Proof 2023-S Morgan dollar.
  • Aug. 9: Proof 2023-S Peace dollar.
  • Aug. 9: Proof 2023-S Peace dollar.
  • Aug. 10: Proof 2023-W American Liberty gold $100 coin.
  • Aug. 10: Proof American Liberty 1-ounce silver medal struck at the Philadelphia Mint without Mint mark.
  • Aug. 14: Matte Finish Andrew Johnson Presidential silver medal.
  • Aug. 15: 2023 American Women, Jovita Idar quarter dollars, circulation quality, in bags and rolls, including two-and three-roll sets.
  • Aug. 22: 2023-S Silver Proof set.
  • Aug. 24: Five individual 2023 American Women quarter dollar ornaments.
  • Aug. 28: 2023 American Innovation, Mississippi dollars in bags and rolls.
  • Sept. 7: Uncirculated 2023-W American Palladium Eagle $25 coin.
  • Sept. 11: Matte Finish U.S. Marine Corps 1-ounce silver medal.
  • Sept. 29: Mighty Minters 2023 ornament with 2023-P Native American, Maria Tallchief dollar.
  • Sept. 29: United States Mint 2023 ornament with 2023-P Native American, Maria Tallchief dollar.
  • Oct. 2: Ulysses S. Grant Presidential silver medal without Mint mark from San Francisco Mint.
  • Oct. 10: Proof 2023-S American Eagle 1-ounce silver dollar.
  • Oct. 23: American Women, Maria Tallchief quarter dollars in bags, two-roll and three-roll sets.
  • Oct. 26: Four-coin 2023-S American Innovation $1 Proof set.
  • Nov. 9: Four-coin 2023-S American Innovation $1 Reverse Proof set.
  • Nov. 14: Two-coin 2023-S Morgan and Peace dollar silver Proof set.
  • Nov. 28: 2023-S Limited Edition Silver Proof set.

Products with no specific sales date:

  • 2023 Uncirculated Coin set, containing 10 coins each from the Philadelphia and Denver Mints.
  • U.S. Marine Corps 1-ounce bronze medal.
  • One expected product is currently not on the current schedule:

Many of the products are in the Mint’s subscription program, with orders accepted now. Customers should review the Mint 2023 products catalog for details on what products are available by subscription.

Two other offerings have both been giving “TBD” launch dates in the Fall. Those include the United States Marines bronze medal and 2023 Uncirculated Coin set.

The schedule is posted on the US Mint website.

The Basics of Coin Collecting

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Coins and currency are tangible artifacts that provide a window into the history, culture, politics, and economics of different time periods and civilizations.

Collecting coins and other numismatic items allows you to hold pieces of history in your hands and learn about the past through their collection. Prior to 1933, gold coins were part of the economy and were used for many every day transactions. Many of the Pre-1933 gold coins are now well over 100 years old.

Coin collecting originated as a pursuit driven by curiosity, fascination with history and the desire to preserve and understand the past through tangible artifacts. The origins of coin collecting, or numismatics, can be traced back to times as ancient as the coins themselves as some have been around for thousands of years. Over the centuries, it has grown into a well-established hobby with a diverse and enthusiastic community of collectors.

Coin Collecting Origins

The practice of coin collecting gained significant momentum during the Renaissance and Enlightenment periods. Scholars, artists, and thinkers of the era became interested in the history, artistry, and symbolism of coins.

One Italian poet, scholar and humanist in particular named Francesco Petrarch is often considered one of the earliest coin collectors. He owned a vast collection of coins, manuscripts, and artworks which he displayed in his “Cabinet of Antiquities.”

The concept of a “cabinet of curiosities” was popular during the Renaissance and Enlightenment. These cabinets, also known as Wunderkammer, were private collections that included various objects, including coins, fossils, natural specimens, artwork and antiquities.

Collectors like Petrarch saw coins as valuable artifacts that could provide insights into different and ancient cultures and historical periods, in addition to the intrinsic value.

Another notable early coin collector was English antiquary and politician Elias Ashmole. His eclectic collection included rare books, manuscripts and artifacts alongside a massive and significant collection of coins. Ashmole was one of the early members of the Royal Society and his collection formed the basis of the Ashmolean Museum in Oxford, one of the oldest public museums in the world.

Coin Collecting Catalogs

The emergence of coin catalogs began in the 18th and 19th centuries as numismatists began publishing books about coins, detailing their characteristics, origins, and historical context.

These catalogs helped collectors identify and classify coins, and they played a crucial role in the development of numismatic scholarship.

In the 19th century, organized coin collecting groups and societies began to form. These groups provided a platform for collectors to share their knowledge, exchange coins, and collaborate on research projects.

Founded in 1891, the American Numismatic Association (ANA) is one of the oldest and most influential coin collecting and numismatic organizations in the world. Their mission is to promote and advance the knowledge and enjoyment of numismatics, as well as to foster the exchange of information and ideas among collectors, dealers, and scholars.

Virgil Brand, an early American collector, assembled one of the most extensive and diverse coin collections of his time. His collection included an impressive array of rare U.S. coins, world coins, as well as rare and valuable ancient coins.

One of Brand’s notable contributions was the creation of the “Brand Book,” a multi-volume catalog of his collection.

The Brand Book provided descriptions and information about each item in his collection and remains an important resource for researchers and collectors.

The American Numismatic Association (ANA) is a nonprofit organization dedicated to the study and collection of coins and other related items.

Today, the “Red Book,” formally known as “A Guide Book of United States Coins,” is the most widely recognized and respected reference guide for collectors, dealers, and enthusiasts of United States coins. It is one of the most comprehensive and authoritative sources of information about U.S. coinage, providing essential details about coin values, mintage figures, historical background, and collecting tips.

The Red Book is published annually by Whitman Publishing with contributions from various numismatic experts. It has been in publication since 1947, making it a staple in the numismatic community for over seven decades.

The 77th edition of the Red Book covers everything from early colonial copper tokens to hefty Old West silver dollars and dazzling gold coins. The book includes more than 32,500+ prices and auction records for nearly 8,000 coins, tokens, medals, coin sets and other collectible species. 

Diversification: Coin collecting can diversify an investment portfolio. Since the value of rare coins or coins made from precious metals can move independently of traditional financial markets, they can provide a hedge against market volatility.

Inheritance and Estate Value: Well-curated coin collections can become valuable family heirlooms, passed down through generations. Over time, the historical and monetary value of these collections can grow significantly.

Educational Value: The knowledge gained from coin collecting about history, economics, and numismatics can be invaluable. This expertise can aid collectors in making informed purchasing decisions, potentially leading to profitable sales or trades.

Enjoyment and Satisfaction: While not a direct financial gain, the enjoyment and satisfaction of building a collection should not be underestimated. For many collectors, the value of their collection is also in the journey and passion for the hobby.

Networking and Community: Engaging with the coin collecting community can lead to opportunities for profitable trades, sales, or purchases. Networking can also provide insights into market trends and valuable information about rare and valuable coins.

Market Timing and Strategy: Skilled collectors who understand market dynamics can buy coins when prices are low and sell when they are high, much like stock market investments.

Condition and Preservation: Collectors who skillfully maintain and preserve the condition of their coins can see an increase in value over time. The condition of a coin is a critical factor in its valuation.

However, it’s important to note that coin collecting as an investment strategy carries its own risks and requires knowledge and research. The market for coins can be volatile and influenced by numerous factors. Therefore, it’s recommended to approach coin collecting with both an interest in the hobby and a strategic investment perspective, and not solely for the purpose of wealth generation. As with any investment, diversification and not putting all your financial resources into one type of asset is a prudent strategy.

US Mint Pre-1933 Gold Coin Investments

Collection of Pre-1933 Gold Coins

Coin collecting can also be a method of building wealth, albeit with certain nuances compared to traditional investments.

Many collectible coins, such as older coins or special bullion issues, are made of precious metals like gold and silver. The intrinsic value of these metals fluctuates with the markets and gold has a history of being a hedge against inflation.

Beyond the intrinsic value of the metal, collectible coins can acquire a numismatic premium. This premium is based on factors like rarity, condition (grade), historical significance, and market demand.

Rare coins, especially those with historical significance, limited mintage, or unique features, can appreciate in value over time. The scarcity and demand for these coins can drive their prices higher in the collector market.

The Executive Order 6102 required U.S. citizens to surrender their gold coins, gold bullion, and gold certificates to the government. Many gold coins deemed of numismatic value were exempt, however, a significant number of coins were melted down. This reduced supply has added to the rarity and desirability of many pre-1933 gold coins.

Collecting pre-1933 gold coins can be a rewarding and strategic choice for investors with an interest in numismatists since these coins were minted during an era when the gold standard was in place..

Pre-1933 gold coins offer the additional advantage of physical ownership of a tangible asset. Holding these coins provides a sense of connection to the past as well as a hedge against economic uncertainty.

These coins contain a significant amount of gold. For example, a $20 Saint-Gaudens gold coin contains .9675 ounces of gold. The intrinsic value of the gold content provides a floor for their market value. Most pre-1933 gold coins also numismatic value, even in circulated condition. The numismatic premium is determined by factors like rarity, demand, condition, and historical significance. In certain market conditions, the numismatic premium on specimen coins can substantially exceed the melt value.

Including a collection of Pre-1933 gold coins in an investment portfolio can provide a level of diversification beyond traditional financial assets.

Coin Grading Scale

As numismatics evolved during the 20th century, collectors and experts recognized the need for standardized terminology and grading systems. The Sheldon Coin Grading Scale, developed in the mid-20th century by Dr. William Sheldon has become the most widely adopted system for assessing the condition of coins.

With advancements in communication and technology, coin collecting has become more accessible to a global audience. The internet allows collectors to connect, research, sell and buy gold coins from around the world. Online auction platforms and forums have expanded the reach of numismatics.

Coin collecting has evolved beyond merely acquiring coins for their monetary value. Many collectors now focus on various aspects, including historical significance, artistic appeal, rarity, and cultural context, with some collectors specializing in specific periods, rulers, or coin types.

Universities and museums often have numismatic departments that contribute to research and education. These institutions offer academic programs and conduct research to further the understanding of coins’ historical and cultural importance.

Today, numismatics is a global hobby with collectors from different countries sharing their passion and expertise. Numismatic events, exhibitions, and conferences provide opportunities for collectors to connect and learn from one another.

Understanding Coin Finish

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Modern minting technology allows for a wide range of finishes, providing both government and private mints with many creative options in the ideation of unique coins. Each finish serves a specific purpose and contributes to the overall appeal and collectible value of the coin.

Many mints issue the same coin with different finishes, mainly for aesthetic purposes and to enhance their overall appearance. The choice of finish can give a coin a distinct look and feel, making it more attractive to collectors and investors.

Special finishes are sometimes used for commemorative coins, marking significant events or anniversaries, helping to distinguish commemorative coins from regular bullion coins.

Proof Finish

A proof coin is a special type of coin that is struck using a unique minting process to create a high-quality, highly detailed, and mirror-like finish.

The term “proof” is derived from the original purpose of these coins. Historically, minting facilities would produce a small number of test coins to ensure the dies were properly prepared and to showcase the quality of their work. These “proofs” were often presented to mint officials for approval before regular coin production.

Proof coins are specifically made for collectors and are not intended for everyday circulation. They are often considered to be the highest standard of coin production and are sought after by numismatists and investors.

A proof finish is achieved through multiple strikes on specially prepared dies and planchets. The planchets used for proof coins are carefully selected to ensure they are free of defects or imperfections.

The dies used to strike proof coins are polished to a mirror-like finish to ensure the finest details are captured on the coin’s surface.

Proof coins are struck multiple times with greater pressure than regular coins. This process helps to achieve sharp, well-defined images and deeply mirrored fields.

Throughout the production process, proof coins are carefully handled to minimize the risk of scratches or blemishes on the coin’s surface. The result is a highly detailed, mirror-like surface with frosted design elements.

Due to their limited mintage, unique appearance, and higher quality, proof coins typically command higher prices than their standard bullion counterparts. Proof coins are produced for collectors and often come in protective cases with certificates of authenticity.

US Mint Proof American Eagles and Buffalos

The US Mint issues Proof finish American Eagle coins in both silver and gold. The Proof Finish American Gold Buffalo is only minted in limited quantities, making it one of the most sought after each year.

Buying random year American Eagle Silver Proof coins is a great way to become familiar with why collectors adore these coins. The mintage amounts change each year based on subscriptions, demand and pre-orders.

During the current year release, these coins are sold directly by the mint to consumers at a fixed price. Collector demand is extremely high and the coins are quickly sold out, typically within hours of becoming available to order.

Due to the high collector demand, the numismatic premiums quickly rise and values are highest for the smallest American Silver Eagle Proof Coin Mintage Years.

They are popular among collectors for their aesthetic appeal and numismatic value. Many other countries issue annual proof coin sets, which often include a variety of denominations and designs, making them attractive additions to coin collections.

Brilliant Uncirculated (BU) Finish

The term “Brilliant Uncirculated” indicates that the coin is in pristine condition, free from any signs of wear or circulation marks. BU coins are intended for collectors and investors, and they are typically not intended for circulation.

The dies are polished to ensure sharp and clear design elements, and the planchets are carefully handled to avoid any potential damage. Sometimes referred to as a Business Strike, this is the most common finish amongst newly minted silver coins.

BU coins have a lustrous and shiny appearance, often resembling the look of freshly minted coins. They feature well-defined and raised design elements, with deep, crisp details. The background of the coin is usually smooth and reflective, adding to the coin’s overall brilliance.

This finish is used for coins intended for circulation or general use but with a higher level of detail and quality than standard circulation coins. BU coins have a lustrous, shiny appearance and are typically free from marks or imperfections.

Matte Finish

A matte finish coin has a non-reflective, satin-like appearance on its surface. Unlike the traditional shiny and reflective surfaces of most coins, a matte finish coin has a smooth and subdued look, which gives it a unique and distinct appearance.

The matte finish is achieved through a different minting process than the standard brilliant uncirculated (BU) finish. During the minting process for matte finish coins, the dies and planchets (blanks) are treated differently to create a less glossy and reflective surface.

The design elements may be more detailed than a standard circulation coin, but they lack the mirror-like shine of proof coins.

To achieve the matte finish, the dies used in the minting process are sandblasted or chemically treated, creating a textured surface on the coin’s design elements.

This texture results in a subdued appearance and reduces the coin’s reflectivity. Additionally, the planchets may be treated or annealed differently to achieve the desired matte appearance.

Matte finish coins are often sought after by collectors who appreciate their unique appearance and rarity. The production of matte finish coins is usually limited, making them relatively scarce compared to coins with standard finishes.

Reverse Proof Finish

In a reverse proof coin, the design elements on the coin’s reverse side (the back) have a frosted or matte-like appearance, while the background has a mirror-like, highly polished finish.

This is the opposite of a traditional proof coin, where the design elements are mirror-like, and the background is frosted.

Reverse proof coins are typically issued in limited quantities to mark special occasions, anniversaries or to commemorate significant events and collectors take notice upon their release. The unique appearance of reverse proof coins adds to their appeal, and they are often considered a highlight of many coin collections.

In 2019, the US Mint released an Enhanced Reverse Proof Silver Eagle, extremely limited to just 30,000 coins. The coins sold out in minutes and demand from buyers was so great that it caused the USMint.gov website to crash.

The United States Mint, as well as various other mints around the world continue issuing reverse proof coins for a variety of coin series and denominations. These coins are popular among numismatists and coin enthusiasts for their rarity and eye-catching design.

Antique Finish

Antique finish coins are deliberately aged to give them an antique or vintage appearance.

The process of creating an antique finish involves applying various chemicals or treatments to the surface of the coin to artificially age it. This can include adding patinas, using chemical solutions to darken certain areas, or using mechanical abrasion to create wear and tear marks. The goal is to give the coin the appearance of historical significance or a vintage relic.

The aged appearance of antique finish coins can enhance the details of the design, making them more visually appealing and unique.

The well-known Scottsdale Mint in Arizona is known for producing outstanding silver rounds and bars that are precision machined. The Mint is also contracted by various governments to produce coins on for investors and collectors that are also legal tender.

The Ghana Alien 1 oz Silver Coin series is minted by Scottsdale and is available in an antique finish, along with a variety of others.

Satin Finish

Satin-finish coins have a smooth, non-reflective surface that falls between a proof and a matte finish.

Coins with a satin finish are often characterized with a smooth, even lustrous sheen that is less reflective than a proof coin.

The process of creating a satin finish involves sandblasting the coin’s surface with tiny particles to create a fine, uniform texture. This texture gives the coin a soft, muted appearance and reduces the reflective properties of the metal. Unlike proof coins, which have a mirror-like shine, or brilliant uncirculated coins, which have a standard, glossy finish, satin finish coins have a more subdued and elegant look.

Colorized Finish

This technique uses colorized paints, inks and dyes to add artistic elements to the coin’s surface. Colorized coins are a popular choice among collectors and can feature a wide range of designs, from nature scenes to famous artworks or commemorative themes.

The process of colorizing a coin involves applying a thin layer of color to specific areas of the coin’s design using a specialized ink or paint. This work is often performed by hand after the coin is struck.

Artisans will often work with and the magnifying glasses to ensure colors are carefully and skillfully applied. Some modern mints use advanced technology to ensure precision, consistency and detail.

Colorized coins offer a visually stunning and unique novelty or decorative item that make a great addition to traditional investment coins. Collectors who appreciate the artistic aspect of numismatics also find colorized coins to be attractive additions to their collections.

Collectors interested in colorized coins should be mindful of the quality of the colorization process, as poorly executed colorization can negatively impact the overall value and appeal of the coin. Additionally, colorized coins may require special care to preserve the integrity of the colors over time, as exposure to light and environmental factors can cause fading or damage to the added colors.

Gilded Finish

Coins that have a gilded finish have a thin layer of a different precious metal is applied to specific parts. The additional metal may be of a different color or hue often applied in a way that accentuates particular design elements.

The gilding process involves electroplating or mechanically bonding a thin layer of gold onto the surface of the coin. Various metals are utilized based on their individual characteristics.

The Ghana Alien 1 oz Silver coin series includes a version gilded with Rhodium, in addition to glowing neon colored eyes.

The metal used in gilding is typically of high purity, such as 24-karat gold, to ensure a bright and lasting finish. The gilded layer is carefully applied to specific parts of the coin’s design, often highlighting important elements like portraits, symbols, or inscriptions.

Gilded coins are a popular choice among collectors, as they offer a balance between affordability and the elegance of precious metals. They are often issued as limited editions or special commemorative pieces. Gilded finishes can be found on various types of coins, including bullion coins, numismatic coins, and collector’s editions.

Gilded finishes are primarily decorative in nature and may not significantly affect the intrinsic value of the coin, especially if the underlying coin is made from a base metal.

However, gilded coins can add a touch of luxury and exclusivity to a collection, making them appealing to both investors and numismatists.

Each coin finish serves a specific purpose and contributes to the overall appeal of the coin for collectors and investors. The choice of finish depends on the mint’s artistic vision, the theme of the coin, and the intended target audience.

Simple & Easy Way to Compare Gold Coin Prices

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Gold is a globally traded commodity and gold prices change around the clock based on factors that contribute to the global marketplace. This means that gold coin prices can also fluctuate throughout the day and trading is active twenty-four hours a day.

Comparing gold coin prices from different dealers is a crucial step that is often overlooked, leading investors to pay more than they should with excessive premiums.

FindBullionPrices.com helps investors make informed buying decisions by offering tools to compare gold coin prices with product listing featuring the latest prices from dozens of trusted and reputable online dealers to help investors make informed buying decisions.

The Compare Gold Coin Prices page on our website features a both 1 troy oz and fractional modern gold coins that are a popular store of value amongst investors. The coins featured include the 1 oz Gold Eagle and the 1/10 oz fractional eagle counterpart, along with the Gold Maple Leaf and Gold Britannia coins.

For those interested in vintage gold bullion coins, we offer a similar gold coin price comparison table that includes 20 Francs gold coins, Gold Sovereigns, Corona Gold Coins and Pre-1933 US Mint Gold Coins in an easy to understand pricing table.

Our price comparison tools help save investors both time and money by showing the prices from multiple dealers side-by-side and noting any additional costs like shipping or insurance that may be in addition to the listed price. All of the prices shown are scraped from dealer websites around-the-clock providing investors with the most real-time information available to make choices when shopping for gold coins.

Additionally, our bullion dealer directory shows information about each seller, including reviews submitted based on the experiences of other customers, including customer service, return policies. Investing in gold coins is not just about finding the cheapest option, but about finding the best value from a trustworthy source.

What are US Mint Pre-1933 Gold Coins?

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In the realm of numismatics, pre-1933 gold coins hold a special place. These gleaming pieces of history are valuable precious metal assets and windows into a fascinating era. With their unique designs, historical significance, and rarity, Pre-1933 US Gold Coins offer collectors and investors a glimpse into the past and a tangible connection to the stories of our ancestors. This article will delve into Pre-1933 US Gold Coins, discussing their historical significance, investment potential, and the difference between “Raw” and “Graded” coins.

What are US Mint Pre-1933 Gold Coins?

Pre-1933 US Gold Coins have an important position in US history and are strongly tied with the Gold Seizure that occurred in the early 1930s. This incident, also known as the Gold Confiscation, marked a watershed moment in the country’s monetary policy and had a long-lasting impact on how the government and its citizens viewed gold.

These coins are available in various values and designs, each representing a distinct epoch in American history. Some famous examples include the 10 Gold Eagle, 20 Gold Double Eagle, Liberty Gold Coin, Incuse Gold Indian, 2.50 Gold Coin, and 5 Half Eagle Gold Coin. These coins were widely used as currency during their time of circulation. Each denomination carries its own unique characteristics and historical context. For example, the $20 Double Eagle is the largest denomination, while the $2.50 Quarter Eagle is the smallest.

Are Pre-1933 Gold Coins Valuable?

Pre-1933 US Gold Coins are highly valued for several reasons. Firstly, their gold content gives them intrinsic value based on the current price of gold. Gold has long been considered a haven asset and a store of value, which makes these coins inherently valuable from an investment standpoint.

Additionally, these coins’ scarcity and historical significance contribute to their worth. The US government recalled most gold coins in 1933 as part of a national effort to stabilize the economy during the Great Depression. As a result, many of these coins were melted down, making the surviving specimens even rarer and more desirable among collectors and investors.

Do Pre-1933 Gold Coins Have Numismatic Value?

In addition to their intrinsic gold value, Pre-1933 US Gold Coins often have numismatic value. Numismatics is the study and collection of coins, and numismatic value refers to the worth of a coin based on factors such as rarity, condition, historical significance, and desirability among collectors.

Certain Pre-1933 US Gold Coins, especially those in excellent condition or with unique features, can command premiums far beyond their gold content. For example, coins with low mintages, coins from specific years or mints, or coins in exceptional states of preservation may have a numismatic value that exceeds their bullion value. The numismatic market for these coins is robust, with collectors and enthusiasts eager to acquire these pieces of history.

How to Invest in Pre-1933 Gold Coins?

Investing in Pre-1933 US Gold Coins can be thrilling and potentially lucrative. If you’re thinking about adding these currencies to your investment portfolio, bear the following points in mind:

Educate Yourself

Learn about the many sorts of US Mint Pre-1933 Gold Coins, their historical significance, and the variables that influence their value. This knowledge will allow you to make more informed judgments when purchasing coins.

Determine Your Budget

Set a budget that aligns with your investment goals and financial capabilities. Pre-1933 US Gold Coins can range in price, so it’s essential to establish a precise spending plan. Many online bullion dealers offer a random year selections based on available inventory. Many can also offer encapsulated coins that are authenticated by third-party grading services that can be purchased by its grade.

Choose a Reputable Dealer

When purchasing Pre-1933 US Gold Coins, working with a trusted and reputable dealer specializing in gold coins is vital—research dealers’ credentials, reviews, and track records before making any transactions. FindBullionPrices.com tracks gold coin prices from dozens of trusted and reputable online bullion dealers to help you find the absolute best prices.

Authenticity

Ensure that any coins you buy are genuine and authentic. Be cautious of counterfeit coins and buy from reputable dealers or auction houses with a record of dealing in rare coins.

Condition

Consider the state of the coin. Coins in better condition generally command higher prices, especially in the numismatic market. However, balancing need and affordability is essential, as pristine examples can be significantly more expensive.

Diversification

Diversification is essential in any investment. To spread your risk and maximize your profits, consider amassing a diversified collection of Pre-1933 US Gold Coins, including different denominations and varieties.

Storage and Security

Properly store and secure your investment. Pre-1933 Gold Co Pre-1933 US Gold Coins ins should be kept in a secure location, such as a safe or a bank safety deposit box, to protect them from theft or damage.

What is the difference between “Raw” & “Graded” Gold coins?

When discussing Pre-1933 US Gold Coins, you may come across the terms “raw” and “graded” to describe their condition and authenticity.

Raw gold coins are coins a professional coin grading service has not officially graded. These coins are typically bought and sold based on their bullion content, historical significance, and overall appearance. Raw coins may vary in condition, and their value is often subject to the buyer’s interpretation and the market’s sentiment.

Graded gold coins, on the other hand, have passed a thorough review process by expert coin grading agencies. Before providing a grade on a specified scale, these agencies evaluate a coin’s quality, authenticity, and other characteristics. The Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) are two of the most well-known grading firms.

Graded coins are encased in a protective plastic holder known as a slab, which displays the coin’s grade and other relevant information. The grading procedure gives the coin’s condition legitimacy and transparency, making it easier for buyers and sellers to establish its value.

While raw coins offer more flexibility in pricing and personal interpretation, graded coins provide a standardized assessment and greater confidence in a coin’s authenticity and condition.

Pre-1933 US Gold Coins combine historical relevance, intrinsic worth, and numismatic appeal. Their gold content, rarity, and age add to their value, making them an appealing investment option for gold and numismatic enthusiasts. Investors can explore the potential rewards of owning these magnificent pieces of American history by knowing the market, interacting with trustworthy dealers, and considering issues such as coin condition and storage. Pre-1933 US Gold Coins are tangible memories of a bygone period, whether for their gold investment potential or numismatic worth.