What is a 1933 Saint-Gaudens $20 gold piece worth?
What is a 1933 Saint-Gaudens $20 gold piece worth?
The 1933 Saint-Gaudens double eagle coin was originally valued at $20, but one owned by King Farouk of Egypt sold for as much as $7.5 million at a Sotheby’s auction in 2002, according to Courthouse News.
Are pre-1933 gold coins a good investment?
With virtually no downside risk to the coin’s numismatic value and tremendous upside potential, an investment in pre-1933 US gold coins such as the $20 Saint-Gaudens seems like a no-brainer to the savvy gold investor. Here are the reasons why pre-1933 US gold coins present a unique buying opportunity.
What is special about pre-1933 gold coins?
As Pre-1933 coins, they offer far greater safety from potential government confiscation. It’s important to take advantage of the excellent values in common-date gold before a sudden surge in demand pushes prices higher.
How much gold is in pre-1933 coins?
The amount of gold in pre-1933 U.S. gold coins was proportional to the denomination. So a $5 gold half eagle contained twice as much fine gold as a $2.50 quarter eagle, and so on….How Much Gold Is In a Pre-1933 U.S. Gold Coin?
| Denomination | Weight |
|---|---|
| Gold Double Eagle | 0.9675 oz |
Are St Gaudens coins a good investment?
Saint Gaudens gold coins are good investments when they sell at spot or at small premiums over spot. Look at the graph that tracks VF-grade $20 Libertys against the spot price of gold. At times, VF $20 Libertys have traded at spot and at other times they have carried big premiums.
Why is the 1933 Double Eagle coin so valuable?
In contrast, the 1933 Eagle was issued before Roosevelt’s withdrawal order, so they may be legally owned by private citizens. However, it is estimated that no more than 40 exist, the rest having been melted, making them exceptionally rare.
What Karat is pre 33 gold?
22-karat
Evolution of Gold Content in Pre-33 Gold From 1795 to 1833, all US gold coins produced by the US Mint featured 22-karat gold content then-known as English crown gold. The coins were required under US law to feature 11/12 pure gold and 1/12 alloy.
How much is a 1933 gold double eagle Proof worth?
The trio included a shiny gold coin, a set of famously misprinted stamps and a small scrap of magenta paper popularly called “the world’s rarest stamp.” Of the three, the 1933 “Double Eagle” stole the show, becoming the world’s most valuable coin by selling for a whopping $18.9 million.
What are the 5 rarest St Gaudens coins?
Gaudens gold coins are from 1933. The next rarest coins are from 1927-D. 1920-S, 1921, and 1930-S $20 gold coins are also very scarce. The next tier of rarity contains the 1907 high relief coins, 1927-S, 1929, 1931, and 1932.
