Pre-33 U.S. Gold Coins
Pre -1933 Gold Coins are highly sought after by collectors and investors worldwide. These coins survived the 1933 legislation from President Roosevelt that prohibited anyone from holding monetary gold, ordering all gold coins to be sent back to the Treasury.
The surviving Pre-1933 gold coins are collectible, rare and highly in demand because of their rarity and value.
Before 1933, the Gold Standard was in place, requiring all U.S. currency to be backed by real gold.
Buying Pre-1933 gold refers to purchasing gold coins minted before 1933 in the U.S.
The year 1933 holds significance in the U.S. gold market due to President Franklin D.Roosevelt’s executive order requiring U.S citizens to turn in their gold coins, bullion and certificates to the Federal Reserve in exchange for U.S. dollars. The idea was to combat the Great Depression by removing gold from the monetary system and devaluing the dollar.