Gold has served as money or established the monetary value of currencies longer than any other material. The use of gold coins was widespread in Europe by the fourth century BC. The earliest gold coins circulated in the United States were foreign coins, mostly from Europe. The Coinage Act of 1792 established an independant US monetary system with the Dollar as the basic United States monetary unit containing 24 3/4 grains of fine gold based on the then world price of gold of $19.39 a troy ounce (which is the equivalent of 480 grains). In 1934, United States citizens were prohibited by the government from holding monetary gold in this country. This was extended in 1961 to gold held abroad as well. The dollar price was then $35.00 per ounce. These restrictions were lifted in 1975. Gold is now a very valuable collectible for investment. Since gold bullion is going for hundreds of dollars an ounce in todays' market, collecting gold coins is a very lucrative past-time.
Gold
Item #
Description
Price
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GoldAsioOtis
2000 Asio Otus 50,000,000 Lira Gold/Diamond
This magnificent proof coin was struck by the Turkish State Mint in the limited quantity of 1500 pieces. You can own one of only 1500 coins in the entire world. The coin is from the Bird of Prey Series and features a cameo proof of an owl's head with diamond eyes. This coin is extreamly rare. Specs: WT: 7.78g; Denomination: 50,000,000 Lira (legal tender); Motif: Asio Otus-Owl; Composition: 750/1000 Gold; Diamonds: 0.01 Karat Each; Diameter: 25mm; Quality: Proof; Mintage: 1500; Date: 2000; Mint: The Turkish State Mint, Istanbul Turkey. The coin is encapulated and includes a certificate of authenticity
Full Price: $695.00 14 % off!
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1811A20FR
RARE 1811A 20 Franc Gold Coin - France
This amazingly beautiful Napoleon Bonaparte 20 Franc gold coin (1806-1815) dates to 1811 and is in AU 52 (About Uncirculated) condition as certified by the Numismatic Guaranty Corporation of America. This coin is encapsulated in a display case to preserve its amazing condition. Amazing Find!
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1812A20FR
RARE 1812A 20 Franc Gold Coin - France
This amazingly beautiful Napoleon Bonaparte 20 Franc gold coin (1806-1815) dates to 1812 and is in AU 52 (About Uncirculated) condition as certified by the Numismatic Guaranty Corporation of America. This coin is encapsulated in a display case to preserve its amazing condition. Amazing Find!
