The $20 Double Eagle began production due to the huge gold strikes in California and Colorado during 1849. These large beautiful coins contain nearly a full ounce of pure gold. The Liberty type was produced from 1850 to 1907. During the depression, the FDR administration issued an executive order restricting the ownership of gold and as a result millions of these large Double Eagle Coins were melted down into bullion. Fortunately small quantities survived destruction and today are valued as private collector's items.
FACT 1: If you had your choice between a Gold Eagle and a $20 Gold Liberty, you'd probably pick the $20. That's because the premium being paid for US $20 Gold Liberty coins is historically low. Smart investors know that when Mint State collector coins trade at nearly the same level as bullion, the risk in owning these gold coins is minimized.
FACT 2: The US Government is spending money at an unprecedented rate, increasing the deficit for this year alone to $1.2 trillion and projecting trillions of dollars in deficits for years to come. This guarantees many years of fiat money printing by the US Treasury and Federal Reserve. More Americans are paying attention to this situation, and many are buying Gold. It is the one investment that all of us can agree on.
FACT 3: The government knows that investors buy gold and that there are billions of ounces of gold being stored in Delaware for precious metal IRA's. But with the US $20 Gold Liberty coins there is no IRS paperwork to be filed out. All foreign bullion coins and bars require a form 1099 when sold back in quantities exceeding 25 troy ounces. The $20 Gold coins do not!
Discounts are available for larger purchases and when paying by check or wire. Call your ENI Representative now for discounted pricing and availability at 1-800-835-0008.
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