subject: How To Invest In Pre-1933 Gold [print this page] CongratulationsCongratulations. You are thinking about gold investments. There are tons of different ways to spend your money nowadays, but if you choose to spend it wisely, you can find great reward later on down the road. When looking at gold specifically, you need to understand the two different kinds of gold, namely private gold and confiscable gold. Any pre-1933 gold that you encounter is considered to be private gold, so if you buy gold from this era, you are the complete owner of it. However, if instead your gold investments lie with modern bullion production, the government can literally take or devalue your money at any time, thus making your investment a worthless one at best.
Pre-1933 gold coins are also deemed to be numismatic coins. What does that mean? Well, it means that the coins are valued based on their actual gold content. This makes the old coins produced of a special value, and they are now considered to be rare coins. Gold does, indeed, fluctuate in value over time. However, it never drops to zero and it never will. Gold bullion might not be worth anything at all in a few years if the government deems it so, but numismatic coins will maintain their worth because they hold the value of their gold content.
Another thing to consider about pre-1933 gold coins is that they were not mass produced like the coins of today. The invention of the television has allowed for commercials to be broadcast about the modern American Eagles, so now those things sell by the millions. New investors see this as an opportunity to get something that will be worth a lot in time, but every new gold coin that gets produced lessens the value of the others just a bit. Rare coins are just the way to go.
When you go to make your gold investments, keep all of this in the back of your mind. Modern bullions are overproduced, non numismatic coins that are subject to gold confiscation. None of that applies to pre-1933 gold. As the economy continues to take a turn for the worst, you need to be sure that you are putting your money in the right places. Be smart and look at the "oldie but goodies" of coin collecting. Falling into popular trends is only going to lead you to financial trouble and a stack of coins that might as well be made out of aluminum foil.
