What gold us coins are available from banks?
Gold coins in the US are struck for collectors and are not available at banks. They can be bought directly from the US Mint or from coin dealers and collectors.
By the time of the Great Depression, every major economic nation had gone off the gold standard. The US abandoned the gold standard in 1933 and confiscated gold coins. People had been hording gold so by confiscating the coins, the government was trying to make the public use banks and paper currency and not depend on gold.
California fractional gold coins are tokens struck in California to make up for the lack of US small denomination coins in the western US. During the early gold rushes, there was no nearby US mint in the west, and there was an abundance of gold. So people used the US gold standard price ($20.67 per troy ounce, since the US dollar was on a gold standard) and made coins with the required amount of gold…
American Eagle Gold Bullion Coins, also called simply Gold Eagles, have been issued by the US mint since 1985 and are popular with collectors and investors. They are guaranteed by the US government. According to the Mint, they can be purchased at almost any coin or precious metal dealers, and from selected banks and brokerage houses. Proofs may be purchased directly from the Mint's website.
It depends on the coin. Things such as the Presidential Gold Dollar coins and Sacajawea dollar coins are made out of brass and not gold. However, historically the US has made coins out of gold however, all those gold coins were minted before the mid-1930s. There are also the Gold American Eagle coins which state the amount of ounces of gold on the reverse of the coin and they are still being minted and those…
It depends on what type of gold coins you have. If you have mostly bullion coins, we have fairly high gold prices in US dollars (about $1600) but a few months ago we had gold at $1800. These high prices though have depressed the price of most numismatic gold, meaning that if you have collector coins (early gold, or high grade specimens) their price over their gold value is low right now.
None. No US coin minted for circulation contains any gold. The "gold" dollar coins you see in circulation are brass and contain no gold. The US makes gold bullion coins for collectors, but the gold content is clearly marked on most. If you have a question about a specific commemorative or year, post a new question including the commemorative and year.
Yes. Especially modern bullion coins. Out of all of the coins, pre-1933 US coins historically have lost less of their value due to small fluctuation in the gold price because they sell for a large premium over the gold content in them, especially for some of the older and smaller coins. Coins like modern British Sovereigns, US Gold Eagles and Canadian Maple Leafs are all traded at a small premium over the spot price of…
If you are talking about the coins with presidents on the face and the statue of liberty on the back, they are not made out of gold they are made out of brass. If you are talking about the old 1 dollar coins from the 1800s, they were made out of gold because of the gold rushes and the US government was looking to expand the use of gold in its coins.