Get The Inside Edge On The $20 Saint Gaudens Gold Coin With Gold-Coin.com
November 5, 2009 – The $20 Saint Gaudens gold coin is a well-known piece of American history, and coin collectors around the world consider this coin a much-needed piece for any collection. However, another demographic has a vested interest in $20 Saint Gaudens gold coins, too: investors.
Today’s investors purchase the $20- Saint Gaudens gold coin and others that have been certified as “Mint Sate” by either the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC).
Certified American coins that were produced prior to 1933 tend to be a bit more profitable than gold bullion coins during the same amount of time, with no greater risk to the investor. In addition to their potential appreciation, certified historic gold coins are a non-confiscatable asset by our government if they decide to reinstate gold bullion confiscation, which prevailed from 1933-1971. If Franklin’s Roosevelt’s presidential order 6102 is reenacted, American and foreign-made bullion coins would most likely be seized and melted down for our government’s benefit.
The last time this happened, our dollar was on the verge of insolvency, so today’s similar scenario has led many investors to believe that our current administration is capable of instituting another bullion confiscation. While government agents won’t kick in your door to retrieve their gold, you could be illegally sitting on a non-liquid asset for decades. Since most gold buyers purchase the yellow metal for its liquidity, long-term investors are usually encouraged to purchase certified coins. For more information on gold bullion confiscation and how you can avoid this threat, visit www.Gold-Bullion.org or call us directly at 800-300-0715 to receive your free Insider’s Guide to Gold Investing.
Stewart Lawson
Senior Staff Writer - Gold-Coin.com
