1933 Double Eagle - Staying True To Our Gold StandardThe history behind the 1933 Double Eagle is fascinating. The Double Eagle was made during the the height of the Great Depression and was worth twenty U.S. dollars. Unfortunatley all 445,000 of the gold coins minted that year never made it to circulation. President Franklin Roosevelt stripped the United States of our gold standard, causing the very valuable gold coin to be melted down. All gold coins during the Great Depression were deemed illegal, and had to be returned immediately.The Double Eagle still remains the most treasured coin for any collector because only a handful of these gold coins escaped being melted down to make gold bars. This is a mystery that haunts the United States Mint and many stories have been spun as to how the coins made it outside the highly guarded building. To date, only two coins were suppose to be released to take their place at the National Museum of American History and the U.S. National Numismatic Collection.The handful of valuable 1933 Double Eagle coins have been sold to Kings in Egypt, collectors in England, jewelers in the United States, and one was sold for over 7.5 million dollars to an unknown collector. This little gold coin took the secret service on a treasure hunt all over the world in 1944.Trying to confiscate the piece of history proved to be harder than it looked. By 1952 they had found and confiscated all the illegally owned coins or so they thought. Recently in 2005, the secret service was alerted of 10 more 1933 Double Eagle coins that were in the hands of coin collectors. They were recovered and are now being held safely at Fort Knox. Today, an avid coin collector can purchase a replica of the Saint Gaudens 1933 Double Eagle coin. This little coin holds quite a story of intrigue and enigma. Not many Americans are aware of the unbelievable story behind this simple twenty dollar gold coin. The 1933 Double Eagle coin made it's way around the world and fell into many hands. The amazing journey of the gold coin took the Saint Gaudens coin into circulation in a very creative way. A coin that was not suppose to leave the mint is now the most valuable coin in our American history. |
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$10 Indian Head Eagle Gold Coins - 1907 to 1933
By John Douglas
The $10 Indian Head Eagle gold coin is acclaimed as one of America's most beautiful coins. While not exactly ignored by collectors, it has had to live under the shadow of its larger sibling, the Saint-Gaudens $20 Double Eagle. It is now enjoying a renewed popularity with collectors and investors alike, partly driven by its gold content and even more by its numismatic value.
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Best Gold Investment Advice
By Arthur McGuire
Finding the best gold investment advice from knowledgeable experts is an excellent way to prepare a successful diversification with gold, and there are a few important pieces of advice that you could use to your advantage in order to maximize your profit and wealth preservation potential. First things first, before actually beginning a gold investment, it's important that you thoroughly analyze your investing goals in order to determine whether a precious metal diversification could be right for you.
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