When it comes to rare gold coins, examples from pre-1933 are often sought after. What makes these coins special? That’s the topic of today’s post from the team at Austin Rare Coins & Bullion. We have nearly three decades of experience in our industry and there is nothing we love more than sharing background info on exciting coins to help ensure that you make the best possible decision.

Whether you’re an investor or a collector, at the end of the day what we want most is to provide you with the expert advice that you are seeking. Been collecting for years and looking to fill in a few gaps? Just getting started and need some advice? Whatever the case may be, we take great pride in serving our clients and meeting their needs.

And so without further ado, we’d like to share a bit about Pre-33 certified gold coins and what makes them so special. Keep reading to learn more.

What Makes Pre-1933 U.S. Gold Coins So Special?

A Fixed and Limited Supply

One of the most appealing aspects about older coins for many people is the simple fact that no more will ever be produced. Because no more of these coins can ever be made, value can often rise quite quickly and this is particularly true when demand overwhelms supply.

In other words, when there is a fixed supply and the market is yearning for a particular pre-’33 gold coin and you have it, it’s value will go up significantly. Whether you choose to sell at that point or hold onto it is entirely up to you, but the good news is that because you have a coin of which a limited number were produced, no more coins can flood the market and lower the value.

Strong Demand

Historically speaking, there has always been high demand for pre-1933 U.S. gold coins from collectors and investors alike. New buyers from both categories enter the market every single day and what this means is that if you own a coin that is in high demand there will always be someone out there who would like to get their hands on it.

Whether your goal is to invest or simply to have a coin in your collection that you can leverage when something you’ve had your eye on comes along, these coins often present you with a number of different options.

Where Did All of These Coins Go?

In the early days of the United States, our forefathers used gold and silver coins as currency. As the coins circulated throughout the economy, most were worn down (much like today’s pocket change). At that time, they could have been melted down and made into new coins by the U.S. Mint or melted down for bullion bars.

At the height of the Great Depression in 1933, the U.S. Government ceased minting gold as currency and recalled all outstanding coins held by banks, businesses, and private citizens. Sadly, most gold coins were melted down into bars to pay foreign debts.

As a result, the supply of Pre-1933 gold coins, particularly those in uncirculated condition, was decimated. The good news is that every coin we handle today managed to escape the great gold confiscation of 1933.

Learn More About These Rare Coins

To learn more about pre-1933 gold coins, you can download our PDF on the topic which includes info on everything from the anatomy of a certified coin to the difference between “raw” and graded coins. You can also take a look at the pre-1933 U.S. gold coins we have for sale and see if anything catches your eye.

Of course we’re also here to answer any questions you may have. Interested in something in particular that you don’t seen on our website? We might be able to help you track it down. Interested in more details about something you do see here? We would love to chat with you!

With a perfect A+ rating from the Better Business Bureau and nearly $1 billion in trusted transactions since we first opened our doors, you can count on the team at Austin Rare Coins to treat you right at every step of the way. Contact us today. We look forward to hearing from you!