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no but legislation allows the government to recall all gold coins minted after 1924. Even those owned by private collectors. To date this has never happened.

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Q: Is it illegal to own old US gold coins?
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Was there a 1935 us gold coin minted?

No. In 1933 a new law was passed which stated that gold coin was no longer legal tender and made it illegal for citizens to own gold coins except for collector coins.


When was it illegal to own gold in the US?

It was illegal to own most forms of gold in the US from 1933 to 1974 through various executive orders and legislation. This included restrictions on gold ownership during the Great Depression and under the Gold Reserve Act during the 1930s.


Is it illegal to own a bar of gold in the US in 2010?

no


How can you own gold coins in an IRA?

In most cases your custodian won't allow you to own gold coins. But you can buy bullion with GLD and there are many other funds that own gold and precious metals like TGLDX, MIDSX. Search for mutual funds that have a basket of gold mining companies, etc. If you really want to own gold coins, you can do so in a self-directed IRA. There are a number of nationally recognized trust companies that offer such accounts. According to IRS rules, their are non-collectible "bullion" coins that you can own. Generally, they have to be .995 fineness or better. These include American Gold Eagles, Candadian Gold Maple Leafs and Austrian Philharmonics (which are gorgeous coins!) You cannot own South African Krugerrands since they only have .916 fineness.


Why are coins not made of gold any more?

Because gold has a value of it's own and there's not enough gold today to make it.


What is the value of a 1943 silver and gold American eagle?

No such coin exists. Silver eagles were first struck in the 1980s, as were gold eagles. The last silver dollar intended for circulation was struck in the 1930s. There are no commemorative silver dollars bearing that date and the last gold intended for circulation coins were issued in 1933, it was illegal for Americans to own gold in 1943.


What is an American 1967 twenty dollar solid gold coin worth?

It was illegal for private citizens to own gold in 1967, and the US didn't make any $20 gold coins at that time. You may have a privately-made "coin", a fantasy piece, or something else. Please check again and post a new question.


2500 in gold coins worth in 1841. What is the value of today?

Today, each gold coin has its own value. In order to give an accurate answer to this question the denomination and date and condition of each of the coins is needed.


Can Americans legally own gold?

Since 1975, Americans can own gold. This means Gold Jewlrey, Gold coins and bars. The US Mint has produced Silver, Gold, and platinum coins for several years called eagles. 1oz 1/2 oz, 1/4 oz and 1/10 oz gold and platinum and 1 oz Silver. Many older circulation coins from the US and many other countries are availaible. Many of these are worth more than their gold value and are more suited for collectors. Many countries such as Canada, China, Gibraltar and South Africa produce .999 pure gold coins. Just search for GOLD COINS on the web and you will see plenty for sale. Hope this helped.


Where can you buy gold coin?

GOLD COINS Gold coins normally we describe as a round medallion which is used for saving and gifting purposes.Buying gold coins is a good investment. The coins are also available in rectangular, oval or in another shapes. Gold itself is a precious metal and in coin it is available in bulk. It is known as bullion and traded in a market. Coins have changed in shapes and designs as the history days passes. But the mass was always the same .Coins have valued by the density, mass and cast ingots or minted coins . Coins have provided the evidence of art and economy and also the wisdom and understanding history. Some of the points which are important to observe while buying the gold coins are: 1. Purity- Coins are sold for investment they are 22 Kt or 24 Kt. 2. Weight-Gold coins can be produced from 0.5 gm to 100 gm. Popular weights are 10 gm or less .There are 1 gm, 2 gm, 4 gm and 8 gm gold coins also. 3. Designs-Gold coins comes in many designs Lakshmi gold coins, Ganesha gold coins etc. Corporate companies or jewelry retailers have their own logo of one side of coin. Few coins have specific depictions . We can see gold coins in thangamayil .


When the kings of Ghana made it illegal for anyone else to own gold what happened to the value of gold?

Traders were charged with a tax to enter or leave Ghana.


Is Buying Gold on World of Warcraft Illegal?

Technically, you do not own your account, your characters or your gold. All of this is legally in ownership of Blizzard and you have user rights on it. This means that any gold you buy, is technically Blizzard's own gold. That is why they will ban you if they find out, and periodically gold-selling sites have been shut down.