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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 above average 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.

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 have not been graded by a third party grading services. 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. It’s common to find

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.

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.

All Pre-1933 gold coin prices fluctuate based on the gold weight. Raw gold coins are available in a variety of grades that carry common definitions across the numismatic and coin collecting industry. These include terms like “very fine”, “brilliant uncirculated”, “almost uncirculated”, etc and are often abbreviated with their initials.

However, coins in better conditions, especially those that have been authenticated and graded by third-party grading services, typically have an additional numismatic value as well. Even coins that have been circulated or cleaned will have numismatic value due to the rarity and historical value.

Determine Your Budget

Set a budget that aligns with your investment goals and financial capabilities. Pre-1933 US Gold Coins have a wide range in price, with much of the price based on the gold value.

The smaller denominations like the $2.50 Quarter Eagle and even some $1 gold coins can make an affordable entry point for new collectors.

The middle denomination include $5 Half Eagle and $10 Eagle gold piece.

Larger coins, like the $20 Double Eagle contains 0.9675 troy-ounceĀ of fine gold and are priced comparably with 1 oz coins.

With gold prices increasing, it’s essential to establish a precise spending plan. Many online bullion dealers offer a random year selections based on available inventory. These include both raw or ungraded coins, as well as those encapsulated coins by NGC and PCGS that can be purchased by its grade on the Sheldon Scale.

Choose a Reputable Dealer

When purchasing Pre-1933 US Gold Coins, working with a trusted and reputable dealer specializing in gold coins is vital.

There are a variety of online source to research and verify each dealers’ credentials, such as previous customer issues filed with the BBB. There are a variety of third party review services like TrustPilot and other that can be a helpful source of information. Keep in mind that most people are more inclined to post reviews when they’re unsatisfied.

FindBullionPrices.com tracks gold coin prices from dozens of trusted and reputable online bullion dealers to help you find the absolute best prices.

Authenticity and Condition

Ensure that any coins you buy are genuine and authentic. Many beginning investors and collectors a prefer to start with NGC and PCGS graded coins, which provides authenticity and a grade for each coin. The coins are encapsulated into standard-sized transparent holders that allow both sides of the coin to be inspected while providing protection against damage from handling.

Additionally, these services keep a record of each coin that is reviewed by their experts and each specimen is assigned a unique number with a barcode that is permanently enclosed inside the coin holder.

Grading companies utilize Official ANA Grading Standards, which are based the Sheldon Grading Scale, which uses a 70-point assessment to determine the condition of a coin.

For example, a $20 St-Gaudens Double Eagle with a MS-66 grade is considered to be in near-perfect “Mint State” condition. Coins with an MS-66 grade are sometimes referred to as Gem Uncirculated and will haveĀ above average surface quality and will retain much of the original mint luster. There may be some minor contact marks, sometimes referred to as bag marks, along with a few light hairlines that may be visible under magnification.

Its important to trade with reputable dealers and auction houses, as there are counterfeits of every kind that appear in the market.

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.

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20 Francs – A Fractional Gold Coin Ideal for Investing

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Fractional gold coins are a great way to invest and provide a less expensive and practical way to accrue and stack gold.

Having a portion of savings set aside in precious metals can help provide a stable safety net or hedge against inflation and other investments.

Most countries throughout the world utilized currency coinage that was minted of silver and gold throughout the 1800s and into the early 1900s. The French Franc currency played an extensive role throughout the era and around the world.

The Latin Monetary Union (LMU) was a trade treaty signed by numerous European countries in 1865 that established the franc as a unified common currency based on the gold standard that helped to shape global trade for many decades. The treaty thrust the 20 francs gold coins into a role as a fundamental coin of merchant trade. A role it played for nearly one hundred years.

Each member nation began minting gold coins to the same standards to circulate for international merchant trade. All 20 francs gold coins are minted with planchets created from an alloy of 90% gold and 10% copper. The coins are each 21 mm in diameter with an overall gross weight of 6.45 grams.

The actual gold weight in each 20 francs coin is 5.80 grams, the equivalent of .1867 troy ounces. A stack of five of these coins is almost an ounce of gold.

These are one of the most popular gold bullion coins for investors. Vintage gold 20 francs are government minted coins that are today sold as bullion for their intrinsic value. These are often the cheapest gold coins available and are perfect for stacking.

Below is a brief description of some of the coins that were minted by France from the early 1800s until the early 1900s.

The era in the history of France commonly referred to as the Napoleonic Wars and lasted from 1803 until 1815, led by Emperor Napoleon I. At the height of his power, the emperor and his vast armies had taken control of much of mainland Europe. The First French Empire spanned from the eastern shores of Spain to the southern tip of Italy, all the way to the borders of Russia.

Napoleon had an extensive impact on the lands he conquered, improving and modernizing society through liberal reforms. Along the way, the wars brought vast amounts of gold into the French Empire and most of it was minted into 20 francs gold coins.

Napoleon I 20 Francs

Napoleon I brought sweeping reforms throughout the country, and helped France win significant military victories, eventually being granted the title of Emperor of France in 1804.

There is a broad variety of 20 francs gold coins that were produced bearing portraits of Napoleon, across dozens of mints throughout the France, Italy and even as far away as the Netherlands.

The 20 francs gold coins minted from 1804 until 1814 feature a leftward facing portrait of Napoleon Bonaparte.

Bullion coins from this era can have a mix of obverse design as various portraits and titles were used throughout these years. The coins you receive when buying Napoleon I 20 Francs Gold coins are chosen at random from available inventory and could be from mix of years and mint marks.

The early coins featured a young Napoleon with hair cropped wavy and long that was carved by Pierre-Joseph Tiolier, General Coin Engraver from Paris. The first coins include the title Premier Consul inscribed surrounding the portrait. This was later updated to read “Empereur”.

Louis XVIII 20 Francs

Following Napoleon’s second exile from France, King Louis XVIII reigned from 1815 until his death in 1824. The gold coins minted during this era had a right facing effigy bust of Louis that was modified in 1816 to remove the appearance of the military dress uniform.

The nude bust variation is the most common coin to find amongst random year Louis XVIII 20 francs gold coin.

The coins feature inscriptions on the front that include the name of King Louis XVIII, along with his title “ROI DE FRANCE”. The mark for the artist and engraver is incorporated below the portrait.

The reverse side of these coins contains a simple wreath motif that shows the face value and year-date of minting.

Charles X 20 Francs

Charles X 20 Francs gold coin

The reign of King Charles X last from 1824 until 1830. During the short reign lasting just six years, the king lost popularity amongst the liberals of French society.

The conservative policies directed from his regime are largely responsible for leading to the July Revolution which deposed the ruler and put in place his more liberal cousin, King Louis Philippe I.

The portrait was engraved by medalist and sculptor Auguste-FranƧois Michaut with the obverse engraving bearing his name and title reading “CHARLES X ROI DE FRANCE”, which translates to “Charles X King of France”.

Roughly 1.5 million Charles X 20 francs gold coins were produced with this design across four French mints.

Louis Philippe I 20 Francs

Louis Philippe I was nicknamed the “Citizen King” and served as the King from 1830 until 1848. Under his reign, known as the July Monarchy, the French economy was dominated and largely influence by wealthy industrialists and bankers

Louis Philippe expanded relations with Great Britain and sponsored colonial expansion, most notably with the acquisition of Algeria.

This king was considered a repressive ruler following his brother’s reign and many at the time felt him to be an illegitimate king. Many uprisings occurred in France throughout the 1830s, Louis-Philippe clamped down on dissent and gained a reputation for supporting the interests of the rich.

Many of the poorer class of citizens grew resentful and Louis-Philippe escaped from eight assassination attempts before he finally fled to England.

During his 18 years in power, the more than six million Louis-Philippe 20 Francs gold coins were minted at various minting facilities throughout the country. The obverse bust portrait was created by engraver Joseph-FranƧois Domard. The reverse depicts the crowned coat of arms enwreathed with the year-date of minting and legal-tender face value of 20 Francs.

Napoleon III 20 Francs

Napoleon III was President of the Republic of France from 1848 to 1852 and remained the last monarch until he was deposed in 1870. During his time leading the country he focused on building infrastructure for the country, leading to growth in the industrial base, economic expansion and the creation of new banks.

The banks provided the funding for Napoleon III’s major projects, which included massive steamships to reach far away colonies and railways and canals to connect the country’s major cities and trade hubs, and the rebuilding of Paris. Funding from the banks was funneled into developing new neighborhoods that are among the most famous and prominent amongst the Right Bank, such as rue de Rivoli, OpĆ©ra, and place de l’Etoile.

Various styles of the Napoleon III 20 Francs Gold coin were minted under his reign with two similar, though notably different obverse designs that commonly circulated during this period that are frequently found when buying random 20 francs gold coins. Ā 

The first, issued from 1853 until 1860 featured a rightward facing Napoleon III that was created from a portrait by artist Jean-Jacques Barre. The portrait features a bare headed emperor. More than 135 million gold coins were minted with this design over the seven year period making it a popular coin with bullion investors. These 20 francs gold Napoleon III coins have maintained their intrinsic value for more than 150 years due to the underlying gold content.

The second 20 francs Napoleon III gold coin was minted from 1861 until the end of his reign in 1870. The coin features a similar portrait, the primary difference appears to be that the monarch wearing a laurel wreath upon his head. More than 50 million of these coins were minted during this 18 year period.

It is very common to receive these as bullion coins when buying random year 20 francs gold coins, which remain incredible popular with investors. These coins were minted in mass quantities due to the establishment of the Latin Monetary Union during this period.

Lucky Angel 20 Francs

After the second exile of Napoleon III, the country turned to focus on more domestic measure starting with the Paris Commune in 1871. The GĆ©nie coin, often referred to as the Lucky Angel gold coin, was minted from 1871 until 1898.

The obverse design for the coin was created by artist and medallic sculptor Augustin DuprƩ who was the student of the sculptor David. The French Revolution gave him the opportunity to develop his art of engraving medals for soldiers as well as various coins. The iconic image on this coin represents the Guardian Angel Genius writing the constitution fresh on a blank tablet.

20 Francs Lucky Angel Gold Coin 1871-1898

The genie is turned to the right and is writing the word ā€œconstitutionā€ on a table laid on a stone pillar. Other French cultural symbols are hidden in the design such as the cockerel, the lictor beam with the hand of justice above. The words ā€œRepublique FranƧaiseā€ are written above the angel and DuprĆ©ā€™s signature mark can be found at the bottom.

The reverse design takes some added freedom in its departure from the previous designs. The traditional wreath and denomination value remain on the reverse in the center. In addition, inscriptions were added that instill some of the cultural values of the French people, including “Liberte”, “Egalite” and “Fraternite”.

More than 95 million 20 Francs gold Lucky Angel coins were minted from 1871 to 1898, with many surviving coins available today makes it one of the most popular fractional bullion coins for investors.

20 Francs Rooster Gold Coin

20 Francs Gold Rooster

The 20 Francs Gold Rooster was minted from 1899 until 1914. It is the last of the French 20 Francs Gold coins that was intended for circulation. Over 117,000,000 gold coins were minted. The denomination (known as the Franc Germinal) was in continual use through the 19th and 20th centuries.

The obverse of the coin has a profile of Marianne, the Goddess of Liberty who is symbolic of the French Republic. She is a symbol with origins in the 3rd French Republic and is a personification of liberty and reason. Inscribed around her are the words ā€œRĆ©publique FranƧaiseā€.

The reverse displays a portrait of Le Coq Gaulois or Gallic Rooster, colloquially named Chantecler. The reverse includes the date and legal tender face value and is surrounded with the words ā€œLibertĆ© EgalitĆ© FraternitĆ©nā€, values that are still preserved in the culture of France today.

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Gold Smuggling on the Rise throughout Asia

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Border police in India have arrested a woman attempting to smuggle gold at a border crossing. Police seized over 2 kg of gold bars from the woman as she was entering from Bangladesh.

The 34 year old woman from the Chittagong district in Bangladesh had hidden 27 different types of gold bars in cloth and secured it around her waist.

During her arrest the woman admitted to being paid to bring the gold across the border and had been instructed to deliver them to someone whom she did not know.

She told officials that this was her first attempt at smuggling gold across the border and that she was to be paid ā‚¹Ā 2,000, around $25 for the task.

Reports of gold smuggling have rising sharply in recent years along the border between India and Bangladesh. A regional jewelry association from Bangladesh estimates that more than $700,000 worth of gold bullion is illegal smuggled into the country each year.

During the three year period between 2019 and 2022, India’s Border Security Force seized over 133 kg of gold that was being smuggled through West Bengal.

Authorities believe this is just a fraction of the amount of gold that is being smuggled through the region.

Much of the smuggled gold has been traced back to illegal mining operations throughout the Middle East, Singapore and many as far away as South Africa.

Officials believe that part of the problem stem from recent increases in taxes on the importation of gold imposed by the Ministry of Finance. The duty to import gold into India was raised from 7.5% to 12.5%. Plus an additional 2.5% tax is added to support the national mining infrastructure.

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Zimbabwe to Launch Gold-Backed Digital Currency

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central bank digital currency

Zimbabwe has had a long history of economic instability. From 2004 until 2009 the country experienced five years of hyperinflation.

During the period of hyperinflation the country had to halt the exchange of local currency to dollars due to a meteoric rise in prices.

In early 2009, the government had abandoned the local currency, instead favoring the US dollar for all official transactions.

By 2014, there were eight legal foreign currencies being used for day-to-day transactions throughout the country.

Almost ten years later, the economy is Zimbabwe is still in shambles. The Zimbabwe dollar was reintroduced in 2019. Periods of high inflation quickly followed.

In an attempt to curb inflation last year, government leaders began to issue gold coins to try to earn the trust of investors with a store of value.

The latest announcement from the African nation says that the central bank will begin to issue a digital token that is backed by gold.

The gold-backed digital is an attempt by the country’s central bank to provide a trusted hedge against the volatility of its local currency.

The country’s central bank reports holding just 350 kg of gold bars among its reserves and estimates that it will need $100 million dollars to support the digital gold token.

Royalties from the mining industry exceed $300 million dollars per year.

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Gold & Currency Heist Reported in Canada

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Canadian authorities have reported a gold heist at Toronto Peterson Airport. Various news outlets report the amount ranging in value between $14.8 and $22 million dollars.

Al Jazeera reports a statement from the Regional Police said that a container carrying gold and other monetary items was stolen from a private warehouse after being unloaded from a plane at a nearby cargo facility.

The thieves are being compared by some media outlets to the characters in Hollywood stories based on mafia folklore such as the Henry Hill tales told through Goodfellas.

While others distract from facts by referencing other historically large gold heists in Canadian history.

The latest officially released figures estimate that 1.6 metric tons, the equivalent to 1,600 kilos of gold were included among the stolen stash.

“It did contain gold but was not exclusive to gold and contained other items of monetary value,” an RCMP Investigator told reporters.

Such a brazen burglary has authorities tight lipped about the other missing cargo. The Toronto Sun claims to have had access to confidential memos that suggest that the other cargo was a significant amount of currency bank notes as part of an intrabank transaction involving TD Bank.

There is still no word on the airline involved or the origin or final destination of the missing cargo.

In 2021, Canada was the 4th largest gold producer worldwide with roughly $21.3 billion.

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Egypt Mints First Gold Ingot from Domestic Mines

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The tuts and kings that ruled Ancient Egyptian Civilizations were adorned with lavish jewelry, art and even clothing made from gold.

Gold is once again being actively mined in Egypt. In January, the government announced that the first standard gold bar had been released to the market made entirely from domestically mined gold ore.

The Igat mine in the Eastern Desert was discovered in June 2020 is estimated to contain roughly 1.3 million ounces, or about 36,000 gold kilos.

Other mines discovered in the same region include the El Sukari mine, which is estimated to contain 12 million troy ounces of gold.

Egyptian gold burial sandals and toe caps, circa 1479ā€“1425 BCE. (Photo: The Metropolitan Museum of Art)

ā€œExtracting gold from the Sukari mine contributes to raising the strategic gold reserves to 300 tons, and this contributes to raising the value of the local currency,ā€ said Nagy Farag, Adviser to the Minister of Supply and Internal Trade for Gold Industry Affairs during an interview with Sada al-Balad TV channel.Ā 

Faraq told Nile News Channel in February, that the Jebel Ikat mine has the capactity to produce about 200 kilos of gold per month. The gold is being used replenish the Central Bankā€™s gold reserves and is strengthening the Egyptian pound and the national economy.

The Central Bank of Egypt’s reserves now hold more than 125 tons of gold bullion.

The mines in Egypt’s Eastern Desert represent an incredible source of income for the country amidst growing interest in joining the BRICS treaty. The country has been actively expanding the exploration of mineral deposits in other regions.

The government is expected to invest roughly $1 billion into the country’s mining industry by 2030.

The country’s first certified gold refinery opened in December 2020 in the Marsa Alam area of the Eastern Desert, marking a significant achievement in maximizing the supply chain and providing more local jobs.

The earliest gold coin discovered in Egypt dates back to 360 B.C. The gold stater coin was introduced as a means of payment to Roman mercenaries. The coin’s specifications were modeled after the Persian daric standard, which contained 8.4 grams of gold.

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Rock with 2.6 kg of Gold Discovered in Australia

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A man wearing a large backpack walked into a gold prospecting store about an hour south-west of Melbourne in Geelong, Australia. Darren Kamp, the owner of the store who valued and bought the specimen, said it was the biggest he’d seen in his 43-year career.

“I was just gobsmacked… It’s a once in a lifetime find,” he told the BBC.

The man, who wishes to remain anonymous, made the discovery while metal detecting in Victoria’s goldfields, the region at the heart of Australia’s gold rush in the 1800s.

Australia is estimated to have the world’s largest gold reserves and many of the world’s biggest nuggets were found in Australia.

The unique nugget is part of a larger find of several gold-bearing rocks containing 2.6 kilos of gold worth over $163,000 based on current spot price.

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Texas Bill Proposes Gold-Backed Digital Currency

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Elected officials from both the Texas Senate and House have proposed complementary bills to create a state issued digital currency option that would be backed with gold.

The State of Texas would hold gold in a trust require the state comptroller establish a digital currency that is fully backed by gold bullion for everyday transactions. The state issued digital currency would be fully redeemable for either fiat cash or gold.

The proposed digital fiat would be a legal alternative to Federal Reserve notes or any CBDC and shows strong leadership amongst the states in developing sound money principals.

There is growing interest across a variety of states to return to a gold standard.

The Goldback currency is a good example of a grass-roots level gold-backed specie. that is accepted for goods and services in Wyoming, Utah, New Hampshire and Nevada. Each foil note contains a fractional amount of gold based on the face value shown.

Goldbacks notes are available in a variety of denominations that are smaller than those typically found in fractional gold coins.

The Texas Bullion Depository

After the end of the Great Recession in 2012, elected officials sought to reassure Texans of the financial soundness of the state. The result is a state-of-the-art secure bullion depository that has been in operation just outside of Austin in Leander, TX.

The Texas Bullion Depository opened on June 1, 2018.

End the Fed

There has been a growing movement afoot amongst states to return to the notion of sound money as it’s described in the constitution.

Last year, the Fed announced a twelve week long trial of an interbank CBDC program amongst a variety of private banks and government agencies.

Last week, under the guise of the current banking crisis, policymakers at the Fed launched the FedNow service and will be requiring banks begin using it later this year.

There are many controversies surrounding the adoption of CBDC by the Federal Reserve. The long term goal of central bank digital currencies is to eventually remove all cash, coinage and paper money from the economy.

Removing cash from the economy and replacing it with a digital software token allows a central authority to control how you spend your money.

The Federal Reserve is the Central Bank of the United States. Many believe that the bank is owned by the US government. However, the Federal Reserve is a private bank that pays itself the profit of the interest payments on government debt.

In 1910, a group of elite bankers and politicians met in secret at a resort on a private island off the coast of Georgia and came up with the Aldrich plan which evolved into the Federal Reserve Act of 1913.

Today, the Federal Reserve system is a series of twelve regional central banks that are overseen by a board of governors.

Each Reserve Bank is organized like a corporation. The member banks in each region own the capital stock of each regional reserve bank.

In simplest terms, the regional reserve banks are private companies that are given authority by the government to operate banking and economic activity on its behalf.

The reserve banks are instruments of the government and are neither wholly nor partially owned by the government. Employees are not civil service employees and the Fed continues to operate when the government shuts down.

There are currently several bills circulating in both the House and the Senate to block the Fed Reserve from issuing a central bank digital currency in the United States.

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Budget Friendly Fractional Gold Bars

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Gold is the oldest form of money that is generally recognized everywhere in the world. It is also traded as a futures market commodity and daily trading activity around the world effects the price.

The global trading activity can cause the gold spot price to change every minute around the clock six days per week.

Today’s gold spot price is based on buying a futures contract that contains a 10, 50 or 100 troy ounces of gold. Beyond the price of the metal, there are additional costs that can stack up for fulfillment and delivery.

Some of the gold bars moving out of the COMEX vaults in recent months make their way to both government and private mints for pressing, pouring, machining and casting into smaller and more affordable weight denominations.

Today, there are thousands of available products when shopping for a gold investment. Investors that are considering fractional gold bars have many to choose from.

Fractional gold bars are ones that are minted with a weight of less than 1 troy ounce. In some cases they are measured in fractions of an ounce in increments that are similar to coins, such as 1/10 oz, 1/4 oz and 1/2 oz.

Most of the newly minted gold bullion in the marketplace today are produced by refineries and mints in Europe and Asian where measuring with the metric system is standard. It’s becoming much more common to find gold bars for sale are measured on a gram scale than in fractions of an ounce.

Gold gram bars are an excellent choice to add to your investment stack. They are extremely liquid and easy to convert to fiat if needed. They are also a lot friendly on the wallet than buying a full ounce at time.

And having an assortment of different size gold gram bars may be a practical way to be prepared if you ever need to barter. There are even some options available to buy half gram gold bars from various manufacturers.

When it comes to pricing, smaller gold bars are typically in a price range that is affordable to a wider range of investors. It is also important to remember that smaller bars will frequently have a higher dealer premium than larger sizes.

Less than $100

One Gram Gold Bars

Fractional one gram gold bars are a practical and popular investment option. They are perfect for stacking and can be purchased affordably.

Online bullion dealers offer newly minted 1 gram gold bars in their factory sealed assay card which helps assure that you’re buying an authentic product. Many local coin shops that carry products from Valcambi will often break off gold Combibars into the 1 gram increments. A variety of online dealers do this as well and will sell them as secondary market 1 gram gold bars.

Less than $500

2 Gram Gold Bars & 2.5 gram gold bars

Various refineries manufacture 2 gram bars and 2.5 gram gold bars for investors to capture some savings on the premiums. Both of these sizes are convenient, interesting and unique size denominations.

Sometimes you can find these in the bargain bin at local coin stores as there are only a few refineries making newly minted bars in these sizes.

5 gram gold bars

Five gram gold bars offer a significant savings in premiums over smaller sizes. You will find that premiums will be lower on Random 5 gram gold bar than smaller size fractional gold bars.

Newly minted bars are manufactured by notable private mints such as PAMP Suisse and Valcambi. There are also various 5 gram gold bars that are backed by government mints such as Perth and the Royal Mint.

Less than $1,000

10 gram gold bars

The next option for those with a slightly higher budget is the 10 gram gold bar. These bars contain .3215 troy ounces of gold, just slightly less than 1/3 of an ounce.

The denseness of these bars can be felt in your hand. Newly minted bar will come sealed in a sealed plastic assay card holder, while secondary market 10 gram gold bars will most likely be shipped in a plastic coin flip.

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Banking Crisis Excites Investor Demand for Silver and Gold

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Gold is money. Period. The fiat paper currency that we use for daily transactions is little more than an IOU from the government. Except with inflation, the value of fiat keep getting lower and lower.

The start of the latest banking crisis began with the failure of SVB that was quickly followed by Signature Bank. Regulators attempting to prevent bank runs put up ‘backstop’ to ensure depositors that their funds will be safe and accessible.

The current Orwellian doublespeak flaunted by the mainstream press is driven by regulators trying to convince customers that this time is different. It’s essentially a bank bailout.

The big global banks like JP Morgan and Bank of America have seen an influx in deposits as smaller regional banks continue to request emergency funds from the Fed.

Hot on the heals of this banking crisis, the Federal Reserve has announced that it will rolling out its FedNow instant payment service in July which many see as a precursor to CBDC rollout.

As the stock market continues to tumble, the latest news about Credit Suisse and from the Bank of Japan may be sending the Western world into a recession as some analyst are predicting that Russia, China and Iran are on the cusp of launching of a BRICS gold-backed currency that will unseat the dollar’s hegemony.

Over the past few weeks investor uncertainty has returned to the stock markets as retail investors pile into precious metals in volume unseen since the start of the pandemic.

Estimates of precious metals sales based on inventory data from APMEX shows record sales of both gold and silver.

Gold sales at APMEX topped 27,000 troy ounces in the past seven days. While sales of silver bullion exceeding over 1 million troy ounces in the same seven day period.

FindBullionPrices.com tracks prices from dozens on online bullion dealers, including APMEX. APMEX is one of the largest and most popular bullion dealers in the country.

As precious metals prices remain relatively low many other online dealers are reporting delays in shipping as order volume continues to rise.

Retail investors looking for deals to add to their stack can often find the best prices when buying random year or secondary market coins.

The secondary market is where previous year gold bullion coins are traded between investors and dealers. These coins may have been stored since the year they were minted or may have traded hands dozens of times. Regardless, these gold coins maintain their intrinsic value and will continue to be a store of wealth for future generations.

Stacking physical gold and silver bullion a one way to help protect the financial security of your family in ways far beyond that of trading crypto or ETFs.

First time precious metals buyers are invited to checkout the current Spot Deals page for offers from online dealers to buy silver for spot price. Gold buyers also have the opportunity to buy 1 oz gold bar at spot price.