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Rare Gold Coins: Some Classic Variants

Blog Dec 27, 2011

In 2011, a jar containing some gold coins was hidden within the premises of the London Garden, almost 70 years after its buried in the ground. The burial apparently took place to hide these precious Gold Coins from the Nazis. These rare gold coins are now up for auction at an estimated price of £80,000. The coins were buried by a Jewish refugee family that fled from Germany during the Second World War and sought refuge in England. The family was wiped out in an air raid.

They had lain undisturbed for seven decades. Then one day this jar of Double Eagle Headed coins of US origin was accidentally unearthed by Terence Castle. Realizing that these were priceless treasures, he duly informed the local representative of the Portable Antiquities Scheme, which in turn notified the British Museum. Subsequently, it was ruled that this rare treasure would be handed back to the descendants of its rightful owner. The quest for the owner’s descendants ended in 81 year old Mr. Sulzbacher, who succeeded in establishing his ownership. Mr. Sulzbacher later planned to sell off this collection of rare $20 coins in an auction.

Trading or investing in rare gold coins has gained in popularity over the years. Finding buyers at such auctions is not difficult. For those planning to invest in rare gold coins, garnering information about some of the classic variants could prove helpful.

The Two and Half Dollar Liberty Gold Coin

The entire series of Liberty Gold Coins encompasses a slice of the American history spanning across the nineteenth century. These two and half dollar coins were not minted extensively and were used mainly in the form of circulating coinage. Because of the limited mintage, these coins are very rare, especially in comparison to the $20 Liberty Gold coins. International trade was reportedly carried out with the help of larger coins that were minted in plenty. These rare two and half dollar versions were minted across five American mints, including the Southern Branch, Charlotte and Dahlonega mints. Minting stopped in 1861 when these mints were taken over by the Southern Confederacy. Post 1879, coronet coins were only issued in Philadelphia. However, very few were circulated. Most of them were kept stored in the Treasury or in the bank and were melted during the gold recall of 1933.

The $10 Liberty Gold Coins
These become immensely popular, as they were considered to be more affordable choices. These coins were minted for the first time in 1838. The design, by Christian Gobrecht, was inspired by a portrait of Goddess Venus. Coins dating from 1890 to 1907 have become more popular choices, as they are less expensive than their rarer counterparts.

These coins are also preferred for their unique aesthetics. They bear the bust of Lady Liberty with hair pulled back into a knot and curls dangling along the neck. The coronet she wears displays the word “Liberty”. There are 13 stars, representing the colonies of the Union. On the reverse of these coins is a representation of the heraldic Eagle with the phrase “United States of America” engraved below. The coins from rarer mintages originated from the New Orleans Mint, between 1841 and 1860.

Gold Bullion Coins
Some investors prefer the gold bullion minted across the globe for investment purposes. The most popular gold bullion coins are:

  • American Gold Eagle
  • Canadian Maple Leaf
  • Chinese Panda
  • Austrian Philharmonic
  • South African Krugerrand

These coins are preferred for their beauty and rarity. When making an investment decision, the assistance of a reputed gold trading company goes a long way in deciding on the best option for rare gold coins.

Sources & References In This Article

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