From central banks to Costco customers, it seems everyone is buying gold these days.
The price of spot gold reached $2493 per ounce on July 17 . Year on year, gold has been up as much as 28.5%. Central banks see gold as a long-term store of value and a safe haven during times of economic and international turmoil. Dollars are increasingly unappealing for central banks who want to decrease economic reliance on the US. Which is why they are raising their holdings in gold to all time highs.
This brings us to what may be the best value in the gold coin market today. Pre 1933 $20 gold double eagles. These heavy 1 ounce coins have almost NO PREMIUM compared to their younger cousins (like Gold American Eagles or Canada Maple Leafs)
So what’s the difference? Pre 1933 $20 Gold will never be minted again. Here’s what we have seen in past hot gold markets like we are entering now. $20 gold can disappear off the open market. When this happens dealers tend to pay more for this type of coin.
Acquiring these Pre 1933 $20 double eagles now can really pay off, maybe in the not so distant future .
It makes good sense to salt away 10 or 20 of these old $20 gold pieces. Do it today before premiums rise.
Order online or
For a quantity of more than 20 coins please contact us directly at 866.789.2646
Special arrangements available for larger orders.
