The Best Way to Own Gold
Rare or scarce (often called better dated) coins are coins that have value above just their metal content which gives them a few benefits that bullion coins do not offer, here are the three most popular:
- Rare gold coins offer the advantage of increased profit potential over gold bullion coins and bars due to their quality and scarcity. Whereas literally millions of new gold bullion coins and bars are minted and manufactured each year, no one is making any new rare coins! The most common rare gold coins have surviving populations in the thousands, as opposed to the tens of millions of gold bullion coins which exist on the market.
- Rare gold coins also offer enhanced protection against government restrictions on private gold ownership. In 1933, the President put forth an executive order to confiscate privately owned gold and outlaw the private ownership of gold. However, the order specifically exempted numismatic rare coins from confiscation.
- Many who value their privacy also acquire US rare coins due to their status as a collectible that allows purchase and sale of them without 1099-B reporting to the IRS by the coin broker/dealer. These transactions are confidential.
We at 401 G.C. believe an educated consumer is our best customer and routinely provide our clients with updates and information regarding the benefits of precious metals ownership.
Consult / Decide / Provide is not just our slogan, it is the way we do business!
Jack Dempsey, President
401 Gold Consultants LLC
jdemp2003@gmail.com