Learn About The 1933 Saint Coin Many Us Gold Bureau Collectors Love

By Author: Peter Judge
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Collectors at sites like US Gold Bureau know that there are all sorts of coins out there, but the special coins are the most fascinating and this is why they are so sought after. The 1933 Saint coin is a premiere example of this and one of the most sought after coins the United States has produced to date. For those that understand the kind of precious metals the United States Gold Bureau offers, having a coin like this serves a double benefit because it is a beautiful piece of history as well as an item with an intrinsic value since it does contain gold. Due to the many advantages of gold as an investment asset, collectors experience a double thrill when they locate a coin anywhere near this rare.The full name of the 1933 Saint that so many United States Gold Bureau collectors admire is The 1933 Saint Guardens Double Eagle gold coin. The name comes from sculptor Augustus Saing Guardens who created the design for the coin.

Many of those who turn to US Gold Bureau for their investment needs know that a coin like this is worth far more than its $20 face value. In fact, in 2002 one of these coins ended up selling ...
... for well over $7.5 million via an auction. The only reason this coin can be seen today is because it was actually illegally stored and traded.That's right, even though this coin that was commissioned by former President Teddy Roosevelt to create a more passionate and inspiring coin was much loved by Americans, it would be the next Roosevelt president, FDR who ended its production and circulation. In the midst of the Great Depression, the population of the United States was ordered to turn in all gold coins and production of them ceased. Savvy U.S. Gold Bureau investors understand these hard times ended up severely reducing the number of coins available today and dramatically increased their current value.The coins taken in by the US government were to be melted and most were. Others were later seized by the government as illegal property. Collectors at sites like U.S. Gold Bureau realize this is all part of the coin's unique history. Because only one has survived for nearly three quarters of a century, the value of that single existing coin has gone through the roof. It is part of what makes it such a fascinating coin to study.

As a part of American history, the 1933 Saint gold coin is definitely one that is going to be talked about for many decades to come. The beauty of its design, its unique story and incredible monetary value make it one of the most spell binding of coins out there. While only one is known to exist today, it is certainly possible that more could have slipped through the cracks to be revealed many years from now. By studying and understanding how coins are valued and what makes them special, both collectors and investors alike are better able to estimate the value of coin offers they come across.

Jim Hourky is a US Gold Bureau and numismatics writer who posts to many premiere blogs. He enjoys biking and skating when not writing.