Is Pre-33 Gold a Better Investment Than Modern Gold?

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  • Опубликовано: 7 сен 2024

Комментарии • 32

  • @surfinsilver
    @surfinsilver Год назад +9

    I definitely been buying the ancients for sure

  • @tertiaryobjective
    @tertiaryobjective Год назад +8

    $20.67 in '33 is $482.35 today. Bullion buyback was a huge ripoff.

  • @therealamon
    @therealamon Месяц назад

    They definitely look more beautiful ❤

  • @user-qz7mj1un1y
    @user-qz7mj1un1y 3 месяца назад +1

    I like junk gold and pure gold. The premium is the only thing in question for me. I normally can get junk gold right at spot. Not necessarily Pre 33 gold but I have had luck with them too. World junk gold is my go to.

    • @CMarkem
      @CMarkem Месяц назад

      5 dollar indian head is so pretty i have a few and doubt ill ever liquidate them

  • @sixtwoinak
    @sixtwoinak Год назад +7

    Good topic. 👍💪🙏

  • @Mr-pn2eh
    @Mr-pn2eh Год назад +1

    To quote attorney Tom
    "it depends"

  • @christophermccormick8670
    @christophermccormick8670 Год назад +2

    Cheers 🥃

    • @apmex
      @apmex  Год назад

      Cheers - thanks for dropping in

  • @flybone100
    @flybone100 Год назад +1

    Aren't there gold coins issued in 1933? So are those exempt from what is said in the video? I keep hearing, "Pre 33".

    • @apmex
      @apmex  Год назад +7

      There's some amazing history behind that. Production of gold coins was halted in 1933, but nearly half a million double eagles had been minted already. They were supposed to be melted down and destroyed without ever reaching circulation, but someone smuggled some out and a few specimens survived. We tip our hat to the rogue who took a risk and saved some history for us to enjoy almost a hundred years later. These coins are still referred to as "pre-33", though it does cause some understandable confusion. There's very few left, with one on display at the Smithsonian.

  • @thesilversphincter
    @thesilversphincter Год назад

    @APMEX IF YOU HAD A 1969 EAGLES NEST 6 COIN SET ON YOUR SITE FOR SALE WHAT WOULD YOU BE ASKING FOR IT TODAY??

  • @johninphx9360
    @johninphx9360 Год назад +2

    No. Least expensive gold is your best gold. Shop around. More gold per $ spent. 🎉

    • @DrSchor
      @DrSchor Год назад

      Rethink your whole life. The best gold is the gold that increases in value the fastest of course. If you buy the cheapest gold, you of course, only get what you paid for.
      Pre 1933, since it increases in value faster, being limited in supply, and always in high demand, is obviously the best to buy.

  • @THECRANKYONE
    @THECRANKYONE Год назад +3

    Can you tell me... what will keep another confiscation from occurring? Do we really think THIS regime would not try it?

    • @commoguru
      @commoguru Год назад +2

      It's called the Second Amendment. If confiscation actually worked there would be no pre-33 coins at all.

    • @americansupertramp
      @americansupertramp Год назад +2

      @@commoguru 2A works well untill a S.W.A T. team shows up on your front lawn at 3 am with a no knock order from a judge who signs anything.... Cuz it's the law. It's boxer briefs against aurmor suits.. LOL

    • @Mr-pn2eh
      @Mr-pn2eh Год назад +1

      ​@@americansupertrampat least with the 2A you won't go down without a fight.

    • @DrSchor
      @DrSchor Год назад +1

      No . They wont. We are no longer on the gold standard. There is no point.

    • @IP0Monsturd
      @IP0Monsturd 9 месяцев назад

      Joe Biden doesn’t know what planet he is on. He isn’t going to confiscate anything.

  • @oldscoolcooldiecast1879
    @oldscoolcooldiecast1879 Год назад +3

    When will the minimum order of 250 going to be raised so us little guys can do business with you again

  • @GhileMear250
    @GhileMear250 Год назад

    What about the relative cost between modern and old gold coins though?

    • @apmex
      @apmex  Год назад +3

      Great question. Comparing old gold and modern isn't apples to apples because the exact quantity of gold is a bit different in pre-33. But if you were to buy an XF Liberty Gold Half Eagle right now (which is almost 1/4 oz of gold), you'll find it comparable to 1/4 oz modern bullion. Some are more expensive and some are less, so it depends on your purchasing choices.

    • @smk4428
      @smk4428 Год назад

      What about it?

    • @elgroucho7563
      @elgroucho7563 8 месяцев назад

      Thinking about what anyone- new or seasoned- would say about buying or bartering for a 1911 20$ gold eagle vs 2021 1oz gold eagle? Will there be an added value if shtf? Nobody really invests in pm’s on top of knowing or verifying them? Hard to justify amongst unknowing people. Like a Rolex to a foreigner- will they value the product to its potential or say it’s a watch!

    • @edb3877
      @edb3877 8 месяцев назад

      @@elgroucho7563 Good questions. My thought is that if we do have a SHTF scenario someday, the amount of
      gold will become more important than its age. For now, however, rarity and condition seem to rule the roost.