Invest in Rare, Historic Coins: Pre-1933 & Numismatics

Gold coins have served as the primary form of money for centuries, but their prominence waned in the early 20th century. In 1933, most countries abandoned the gold standard, opting for other methods to define the value of their currency. This shift was prompted by the hoarding of gold during the Great Depression.

Here are some key points about gold coins:

Historical Transition:

• By 1933, most nations had moved away from using gold coins as currency due to economic challenges.

• The United States fully embraced this change in 1971 when it lifted the ban on private investment ownership of gold.

Numismatic Coins:

• Numismatic coins, valued for their historical and collectible significance, must adhere to specific criteria.

• Features such as condition, age, rarity, and the original mintage significantly impact their worth.
  

  

  Pre 1933 Gold Coins

Coin Grading:

• The grade of a coin matters, determined through visual assessment of wear.

• Basic grades include good, fine, and uncirculated.

• Scales like the Universal rarity scale and the Sheldon rarity scale help gauge a coin’s rarity.

Remember that while collecting coins can be enjoyable, it’s essential to navigate the field carefully to avoid inflated prices and deceptive practices. Eager to discover more or have inquires, contact our US Coin Trust experts or simply stop in one of our two locations.