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The Gold Confiscation Issue
Use This Link For Prices:
British Sovereign French 20 Franc Swiss 20 Franc
The British
Sovereign - The French 20 Franc - And The Swiss 20 Franc In Brilliant Uncirculated Condition
By now most Americans
understand that gold was confiscated in the United States
in 1933. Our government did so in their effort to
stabilize what they believed was a dangerous currency
situation. The depression forced our banking system to
freeze up and people began to lose faith in US paper
money.
At that time our government made a distinction as to
which gold coins interested them. They wanted those in
circulation, meaning common $20 gold pieces, $10 gold
pieces, and $2 ½ dollar gold pieces. All of these were used in
everyday commerce and traded at their face value. Premium
gold coins, which were studied by collectors, were not
wanted by the government and were not turned in for
melting.
From 1933 to 1975 gold bullion ownership was not allowed
in the United States. Certain types of older gold coins
were exempt. Among these were the British Sovereign, the
French 20 Franc, and the Swiss 20 Franc.
Use This Link For Prices:
British Sovereign French 20 Franc Swiss 20 Franc
So what does this all have
to do with gold ownership today? Some investors believe
the government will again confiscate gold in an attempt
to bolster the US dollar. There are also large national
gold companies today which believe larger gold bullion
coins will be confiscated. These firms therefore recommend smaller, earlier gold
bullion coins in brilliant uncirculated condition.
Coins like the gold
British Sovereign, the gold French 20 Franc, and the gold
Swiss 20 Franc. These coins trade like bullion,
don’t require a large premium, and most were struck
before 1933. Their reasoning follows that these gold
coins are not be subject confiscation because of their
collectable nature. We don’t believe there is much
to the confiscation debate, the final call being up to
Uncle Sam. If you are one who has some anxiety about
confiscation consider what many national dealers
recommend. California Numismatic Investments posts daily Buy
and Sell prices on these high quality, small gold
coins. They trade for low premiums because we purchase
them directly from our Swiss representative and pass the
savings on to you. This is why we guarantee the lowest
price in the nation. Delivery is accomplished using
insured US mail and is provided at no additional cost.
Your complete satisfaction is guaranteed and we are
always available to answer your questions toll free at
1-800-225-7531 or email info@golddealer.com.
$2000 Order -
Free Shipping
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Content |
Weight |
Diameter |
British Sovereign Pre 1933 Brilliant Uncirculated
 |
Gold-
0.235 Troy ounce7.322 grams
|
0.2568
Troy ounces 7.988
grams
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0.866"
22 mm
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French Angel 20 Franc Pre 1933 Brilliant Uncirculated
 |
Gold-
0.186 Troy ounces5.8064 grams
|
0.2074
Troy ounces 6.4516
grams
|
0.827"
21 mm
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French Rooster 20 Franc Pre 1933 Brilliant Uncirculated
 |
Gold-
0.186 Troy ounces5.8064 grams
|
0.2074
Troy ounces 6.4516
grams
|
0.827"
21 mm
|
Swiss Helvetia 20 Franc Pre 1933 Brilliant Uncirculated
 |
Gold-
0.186 Troy ounces5.8064 grams
|
0.2074
Troy ounces 6.4516
grams
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0.827"
21 mm
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