Coin Roosevelt
Advantage of Owning Rare Gold Coins
Copyright (c) 2010 Rod Hoss
United States rare gold coins offer advantages for their buyers that are hard for any other asset to match. To first understand the advantages of rare gold coins, you have to understand what makes gold have a rarity that is sought after by collectors.
Rare gold coins consist of minted gold by the United States from 1795 to 1933. It was in 1795 that the mint in Philadelphia first starting minting gold to be used as currency. This practice ended in 1933.
What makes gold coins rare are twofold? The first reason is that the Federal Government has confiscated gold on three separate occasions. The first recall of gold came in 1830s when the issue was that the gold content of each coin did not match is face value. During the Civil War many US gold coins were melted down as the price of gold had more value in overseas markets. The last confiscation came in 1933 when President Franklin Roosevelt made it illegal to own gold as a private citizen and that all gold be turned over to the Treasury Department. The second aspect of rarity is simply the age of the coins which has led to lost coins and coins that are not in a mint enough condition to be attractive to collectors.
Advantages of Owning Rare Gold Coins
Over the long term rare coins or numismatic gold coins have outperformed gold bullion coins do to their added demand by collectors, plus their inherent gold content.
Gold is the one asset that has a tract record that goes back over 5,000 years. When there was no US dollar or Euro there was gold to use as a means of trade for goods and services. Rare gold coins still offer the same value do to their gold content.
One key aspect to buying rare gold coins is they are considered a private position in gold. There is no paper trail making rare coins a more financially private matter. The Federal Government still reserves the right to confiscate gold in private hands again. The one caveat to this is rare gold coins which have made them exempt from government confiscation.
For added diversification, gold including rare gold coins prices move up or down typically different then paper investment and other assets. What typically makes the stock market go down in value increases the value of gold coins?
One interesting aspect to rare gold coins that no other form of currency can state is that the exact rare coin you purchase was the exact same coin owned by the people living over a hundred years ago. Rare coins are a true piece of American history that were owned by the pioneers that made our county great.
About the Author
ITM Trading offers expert advise on
buying gold coins
plus
Liberty gold coins
.
Whites MXT Metal Detecting Finds (Washington & Sacajawea Dollar Coins-Roosevelt Park)
|
|
Dansco 7125 Roosevelt Dimes Album (Hardcover) $19.45 This Dansco Album has four pages with ports for 168 coins, dated from 1946 to 2026P. There are spaces for all the P and D mint coins and the S mint dimes from 1946 to 1955. There are no spaces for any varieties nor for the 1996W dime…. |
|
|
Dansco 8125 Roosevelt Dimes w/ Proof (1946-date) $20.75 This Dansco album has five pages with ports for 210 coins. The ports are dated from 1946 to 2013P. There are spaces for the 48 silver dimes from 1946 to 1964, and all the copper/nickel clad dimes from 1965 to date. There are spaces for all the S mint proofs from 1968 to 2012 and the S mint silver proofs from 1992 to 2012. There is a spot for the 1979S Ty2 as well as the 1996W dime. Spaces were not… |
|
|
Harris Coin Folder – Roosevelt Dimes #1 Folder 1946-1964 – #8HRS2684 $3.99 This quality H.E. Harris folder holds Mercury Dimes from 1916 to 1945. It makes the perfect tool for organizing any collection. 78 openings…. |
|
|
60th Anniversary of the Roosevelt Dime $9.95 The first Roosevelt Silver Dime was minted 60 years ago in 1946 as a tribute to President Franklin D. Roosevelt, who died in office the previous year. The Dime was an appropriate tribute. When it was first minted in 1946, the Roosevelt Silver Dime was struck in .900 pure silver. It was made at three different U.S. Mints – Philadelphia (no Mint mark), Denver (“D” mark on reverse, above the “E” in… |
|
|
Rossevelt Dime Folder -1965-2003 Volume 2 $1.65 These coin folders are handsome and durable. They hold coins securely and are 6-1/2″ x 8-3/8 to easily fit on your bookshelf. Green leather- look with gold embossing on exterior…. |
|
|
Stuhrling Original Men’s 201.331166 Sportsman’s ‘Tuskegee Elite’ Automatic Watch $545.00 It was 1941 and we were at war. The First Lady, Eleanor Roosevelt championed the controversial “”Tuskegee Experiment,”" the Army Air Corps program to train African Americans to fly combat aircraft. The Tuskegee Airmen included pilots, navigators, bombardiers, maintenance and support staff, instructors, and all the personnel who kept the planes in the air. The list of achievements and honors acc… |
|
|
Gold plated Roosevelt dime cufflinks with presentation box. Made in the U.S.A $45.00 Gold plated cufflinks with T-bar fitting. Genuine Roosevelt dimes. These are genuine coins and the dates may be different from the dates shown on the image as this was one pair photographed – also the dates on each cufflinks may or may not be the same. Presentation boxed. Made in the USA… |
|
|
Roosevelt Dimes Folder 1965-2004 (Official Whitman Coin Folder) $1.23 Whitman brand, folder opens flat for all-at-once viewing and includes data pertaining to the coins it holds. Roosevelt Dime #2 1965-2004 , 77 openings…. |
|
|
Roosevelt Dimes Folder Starting 2005 (Official Whitman Coin Folder) $1.25 Whitman Publishing offers all sorts of books, albums, folders and supplies for all your coin collecting from pennies to dollars…. |
|
|
Roosevelt Dimes Folder 1946-1964 (Official Whitman Coin Folder) $1.46 Whitman brand, folder opens flat for all-at-once viewing and includes data pertaining to the coins it holds. Roosevelt Dime #1 1946-1964, 50 openings…. |