Many Americans have decided to diversify their portfolios with physical gold, and there are certainly a number of options available to these savvy investors. While some investors have opted for bullion bars, rounds, and coins, other investors have taken a long-term position in the gold market with the $20 Saint Gaudens gold coin. Investors buy Saint Gaudens gold coins, which are considerably more expensive than gold bullion, when they want: • Physical gold • A US Mint-product • Government non-confiscatable gold • Decreased risk of loss • Gold diversification for 14 months or more • Increased profit potential
The Saint Gaudens coin was minted between 1907-1933, and it was only produced in the $20 denomination. Although the $20 Lady Liberty Double Eagle was the first $20 coin produced by the US Mint, it was widely used as currency. The Saint Gaudens was rarely spent, even in the early 1900s, because of its beautiful design and intricate detail.
The US Mint replicated the breath-taking look of the Saint Gaudens with the modern-day American Eagle, which has been produced since 1986. The American Gold Eagle and the Saint Gaudens are both one-ounce coins, but the modern-day coinage bears a face value of $50. This is the price per ounce that President Franklin Roosevelt paid to gold owners in 1933, when he declared that it was illegal for anyone within the US, except the government, to hoard gold.
If another gold seizure takes place, modern-day bullion coins like the American Eagle would surely be taken. Investors who buy Saint Gaudens gold coins do not have to worry, because their position is private and secure. Visit www.Gold-Investment.info for more information about American gold coins and the historic gold bullion confiscation.
Steven Martin
Senior Gold Specialist - Buy-Gold.org
