1933 Double Eagle Gold coin Photograph by Thomas Pollart Fine Art America

Amazing 1933 Gold Coin: A Rare And Valuable Investment

1933 Double Eagle Gold coin Photograph by Thomas Pollart Fine Art America

What is a 1933 gold coin?

A 1933 gold coin is a rare and valuable coin that was minted in the United States. It is made of 90% gold and 10% copper, and it weighs 26.73 grams. The coin has a diameter of 30.61 millimeters, and it is 2.54 millimeters thick. The obverse of the coin features a portrait of President Franklin D. Roosevelt, and the reverse features an eagle in flight.

The 1933 gold coin was originally intended to be released into circulation, but President Roosevelt ordered all of the coins to be melted down in 1933. This was done as part of the United States' efforts to devalue the dollar and stimulate the economy. However, a few of the coins were not melted down, and they have since become some of the most valuable coins in the world.

Today, there are only a few known examples of the 1933 gold coin. The coins are highly sought-after by collectors, and they can sell for millions of dollars.

1933 gold coin

The 1933 gold coin is a rare and valuable coin that was minted in the United States. It is one of the most sought-after coins by collectors, and it can sell for millions of dollars.

  • Rarity: Only a few examples of the 1933 gold coin are known to exist.
  • Value: The 1933 gold coin is one of the most valuable coins in the world.
  • History: The 1933 gold coin was originally intended to be released into circulation, but President Roosevelt ordered all of the coins to be melted down in 1933.
  • Design: The 1933 gold coin features a portrait of President Franklin D. Roosevelt on the obverse and an eagle in flight on the reverse.
  • Metal: The 1933 gold coin is made of 90% gold and 10% copper.
  • Weight: The 1933 gold coin weighs 26.73 grams.
  • Diameter: The 1933 gold coin has a diameter of 30.61 millimeters.

The 1933 gold coin is a fascinating piece of history. It is a reminder of the Great Depression and the efforts that the United States took to devalue the dollar and stimulate the economy. The coin is also a beautiful work of art, and it is a testament to the skill of the engravers who created it.

1. Rarity

The rarity of the 1933 gold coin is one of the main factors that contributes to its value. Only a few examples of the coin are known to exist, and this makes it one of the most sought-after coins by collectors.

  • Melting: In 1933, President Roosevelt ordered all of the 1933 gold coins to be melted down. This was done as part of the United States' efforts to devalue the dollar and stimulate the economy. However, a few of the coins were not melted down, and these are the coins that are known to exist today.
  • Hoarding: Some of the 1933 gold coins that were not melted down were hoarded by individuals. These coins were often hidden away and forgotten about for many years. As a result, some of the 1933 gold coins that are known to exist today were only recently discovered.
  • Illegal Sales: A few of the 1933 gold coins that were not melted down were sold illegally. These coins were often sold to collectors who were willing to pay a high price for them. As a result, some of the 1933 gold coins that are known to exist today are in the hands of private collectors.

The rarity of the 1933 gold coin has made it one of the most valuable coins in the world. The coins are highly sought-after by collectors, and they can sell for millions of dollars.

2. Value

The value of the 1933 gold coin is due to a number of factors, including its rarity, historical significance, and beauty.

  • Rarity: Only a few examples of the 1933 gold coin are known to exist, which makes it one of the rarest coins in the world.
  • Historical Significance: The 1933 gold coin was minted during the Great Depression, a time of great economic hardship in the United States. The coin is a reminder of this difficult period in American history.
  • Beauty: The 1933 gold coin is a beautiful work of art. The coin features a portrait of President Franklin D. Roosevelt on the obverse and an eagle in flight on the reverse. The coin is made of 90% gold and 10% copper, which gives it a rich golden color.
  • Demand: The 1933 gold coin is in high demand among collectors. This demand is due to the coin's rarity, historical significance, and beauty. As a result of this demand, the 1933 gold coin can sell for millions of dollars.

The 1933 gold coin is a valuable and beautiful piece of history. The coin is a reminder of the Great Depression and the efforts that the United States took to devalue the dollar and stimulate the economy. The coin is also a testament to the skill of the engravers who created it.

3. History

The decision to melt down the 1933 gold coins was a controversial one. Some people believed that the coins should have been released into circulation, while others believed that they should have been melted down. There are a number of factors that contributed to President Roosevelt's decision to melt down the coins, including:

  • The Great Depression: The United States was in the midst of the Great Depression when the 1933 gold coins were minted. The economy was in a state of collapse, and many people were out of work. President Roosevelt believed that melting down the gold coins would help to stimulate the economy.
  • The Gold Standard: The United States was on the gold standard at the time that the 1933 gold coins were minted. This meant that the value of the dollar was tied to the value of gold. President Roosevelt believed that melting down the gold coins would help to devalue the dollar, which would make it easier for the United States to export goods.
  • Public Opinion: Public opinion was divided on the issue of whether or not to melt down the 1933 gold coins. Some people believed that the coins should be melted down, while others believed that they should be released into circulation. President Roosevelt ultimately decided to melt down the coins, but he did so in a way that would minimize the public outcry.

The decision to melt down the 1933 gold coins was a significant event in American history. It marked the end of the gold standard in the United States, and it helped to pave the way for the New Deal. The 1933 gold coins are a reminder of a difficult time in American history, but they are also a beautiful and valuable work of art.

4. Design

The design of the 1933 gold coin is significant for a number of reasons. First, the portrait of President Franklin D. Roosevelt is one of the most iconic images of the 20th century. Roosevelt was a popular and respected president, and his image on the coin helped to legitimize the New Deal. Second, the eagle in flight is a symbol of the United States. The eagle is a powerful and majestic creature, and it represents the strength and independence of the United States.

The design of the 1933 gold coin is also important because it is a reflection of the Art Deco style. Art Deco was a popular style in the 1920s and 1930s, and it is characterized by its clean lines, geometric shapes, and bold colors. The design of the 1933 gold coin is a good example of the Art Deco style, and it helps to date the coin to the early 20th century.

The design of the 1933 gold coin is also important because it is a work of art. The coin was designed by James Earle Fraser, who was one of the most famous sculptors of his time. Fraser's design is both beautiful and timeless, and it has helped to make the 1933 gold coin one of the most popular coins in the world.

5. Metal

The composition of the 1933 gold coin is significant for a number of reasons. First, the use of gold gives the coin its characteristic golden color and luster. Gold is also a valuable metal, which contributes to the coin's value. Second, the addition of copper to the gold makes the coin more durable. Copper is a hard metal, and it helps to prevent the coin from becoming scratched or damaged.

The composition of the 1933 gold coin is also important because it is a reflection of the economic conditions of the time. In 1933, the United States was in the midst of the Great Depression. Gold was seen as a safe investment during this time, and many people hoarded gold coins. The use of gold in the 1933 gold coin reflects the importance of gold during this period.

The composition of the 1933 gold coin is also important because it affects the coin's value. Gold coins are generally more valuable than coins made of other metals. The 1933 gold coin is made of 90% gold, which makes it a valuable coin. The coin is also rare, which further increases its value.

In conclusion, the composition of the 1933 gold coin is significant for a number of reasons. The use of gold gives the coin its characteristic golden color and luster, and it also makes the coin more valuable. The addition of copper to the gold makes the coin more durable. The composition of the coin is also a reflection of the economic conditions of the time. The 1933 gold coin is a valuable and beautiful coin, and its composition is an important factor in its value.

6. Weight

The weight of the 1933 gold coin is an important factor in determining its value. Gold coins are typically sold by weight, and the heavier the coin, the more gold it contains and the more valuable it is. The 1933 gold coin weighs 26.73 grams, which is slightly heavier than the standard weight for a one-ounce gold coin. This indicates that the 1933 gold coin contains more gold than a standard one-ounce gold coin, which contributes to its value.

In addition to its weight, the purity of the gold in the 1933 gold coin is also an important factor in determining its value. The 1933 gold coin is made of 90% gold and 10% copper. This means that the coin contains 0.9 ounces of pure gold. The purity of the gold in the coin is also reflected in its color. The higher the purity of the gold, the more yellow the coin will be. The 1933 gold coin has a rich golden color, which indicates that it contains a high percentage of pure gold.

The weight and purity of the gold in the 1933 gold coin are two important factors that contribute to its value. The coin's weight indicates that it contains more gold than a standard one-ounce gold coin, and the purity of the gold indicates that it contains a high percentage of pure gold. These factors make the 1933 gold coin a valuable and desirable coin for collectors and investors.

7. Diameter

The diameter of a coin is an important factor in determining its value. The larger the diameter, the more valuable the coin is likely to be. This is because a larger diameter coin contains more gold than a smaller diameter coin. The 1933 gold coin has a diameter of 30.61 millimeters, which is larger than the standard diameter for a one-ounce gold coin. This indicates that the 1933 gold coin contains more gold than a standard one-ounce gold coin, which contributes to its value.

In addition to its diameter, the purity of the gold in the 1933 gold coin is also an important factor in determining its value. The 1933 gold coin is made of 90% gold and 10% copper. This means that the coin contains 0.9 ounces of pure gold. The purity of the gold in the coin is also reflected in its color. The higher the purity of the gold, the more yellow the coin will be. The 1933 gold coin has a rich golden color, which indicates that it contains a high percentage of pure gold.

The diameter and purity of the gold in the 1933 gold coin are two important factors that contribute to its value. The coin's diameter indicates that it contains more gold than a standard one-ounce gold coin, and the purity of the gold indicates that it contains a high percentage of pure gold. These factors make the 1933 gold coin a valuable and desirable coin for collectors and investors.

FAQs about the 1933 gold coin

The 1933 gold coin is a rare and valuable coin that was minted in the United States. It is one of the most sought-after coins by collectors, and it can sell for millions of dollars.

Question 1: How many 1933 gold coins were minted?


It is estimated that between 445,000 and 500,000 1933 gold coins were minted. However, most of these coins were melted down in 1933, and only a few are known to exist today.


Question 2: Why were the 1933 gold coins melted down?


In 1933, President Franklin D. Roosevelt ordered all of the 1933 gold coins to be melted down. This was done as part of the United States' efforts to devalue the dollar and stimulate the economy.


Question 3: What is the value of a 1933 gold coin?


The value of a 1933 gold coin depends on a number of factors, including its rarity, condition, and historical significance. However, most 1933 gold coins are worth millions of dollars.


Question 4: Where can I buy a 1933 gold coin?


1933 gold coins are very rare, and they are not often sold. However, they can sometimes be found at coin auctions or through private dealers.


Question 5: Are there any counterfeit 1933 gold coins?


Yes, there are a number of counterfeit 1933 gold coins in circulation. It is important to be aware of these counterfeits and to only buy coins from reputable dealers.


Summary: The 1933 gold coin is a rare and valuable coin that is highly sought-after by collectors. If you are interested in buying a 1933 gold coin, it is important to do your research and to only buy coins from reputable dealers.

Transition to the next article section: The 1933 gold coin is a fascinating piece of history. It is a reminder of the Great Depression and the efforts that the United States took to devalue the dollar and stimulate the economy. The coin is also a beautiful work of art, and it is a testament to the skill of the engravers who created it.

Conclusion

The 1933 gold coin is a rare and valuable coin that is highly sought-after by collectors. It is a reminder of the Great Depression and the efforts that the United States took to devalue the dollar and stimulate the economy. The coin is also a beautiful work of art, and it is a testament to the skill of the engravers who created it.

The 1933 gold coin is a reminder of a difficult time in American history, but it is also a symbol of hope and resilience. The coin is a reminder that even in the darkest of times, there is always hope for a better future.

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