Pre 1933 Coins (Grades VF-XF)

The value of these historic gold coins derives from their gold content (as indicated by changing market price of spot gold) and their additional value as coins that survived President Franklin D. Roosevelt's 1933 Executive Order 6102 prohibiting private ownership of gold ("gold hoarding", it was called).

This order required Americans to surrender their gold coins in April 1933 under threat of prison - except for coins classified as of numismatic value. Those who turned in their circulating gold coins received the face value of their gold coin in paper money (fiat currency). Gold coins in coin collections remained in private hands. Over the years, these coins have historically traded at a higher price than the market price of the gold within because many fear the unlikely chance that the US government may again "confiscate" gold. Learn more about Gold Confiscation Law