Lady Liberty gold coins were first minted in 1838, and they were produced in $10 and $5 denominations. The $20 Lady Liberty Double Eagle was added to the lineup in 1849 after the historic Gold Rush in California provided the US Mint with what it then thought was an abundant supply of ore. In 1908, a year after the US Mint replaced the $20 Lady Liberty with the $20 Saint Gaudens, the US Mint also released $2.5 Quarter Eagles. Fractional Eagle coins and the $20 Saint Gaudens coin were minted until 1933, when our government seized the private gold holdings of US citizens to pay off international debt.
Millions of pre-1933 US coins were tossed into the melting pot and manufactured into bars which were shipped to other nations as payment or stored in Fort Knox, Kentucky. Email us or call our toll-free number to learn more about the historic gold confiscation, which recovered over 131 million ounces of gold between 1933-1971. However, some of these valuable historic rarities have survived, and many of these coins hold significant value for safety-conscious investors within the United States.
Some investors buy Lady Liberty gold coins and Saint Gaudens gold coins as private, long-term investments, because another gold confiscation would likely exempt historic, rare American coins from government seizure. Although our government has shown that it is apt to execute some radical policies recently, it is highly unlikely that they would attempt to seize the minute number of investment-grade collector coins.
Besides the fact that these potentially profitable coins only exist in limited numbers, the government previously stated in Executive Order 6102, Section 3-B, that coins of recognized rare and unusual value to collectors did not need to be relinquished. If you need to buy Lady Liberty gold coins or other private, non-confiscatable precious metals, contact us directly at 800-425-5672 or email us now for our free gold investment tutorial.
Steven Martin
Senior Gold Specialist - Buy-Gold.org