The US Dollar is often considered the world’s most influential and stable currency. But some might be surprised to learn of an alternative form of money circulating through our country that has been mainly kept under wraps for decades. This potent yet discreet currency, known as “America’s Secret Currency,” has quietly profited countless individuals in various ways, from wealth-building to financial freedom. So just, what is this mysterious asset class, and how can it work for you? Read on to discover the little-known nuances of America’s secret currency and how it can improve your quality of life.
What Is America’s Official Currency?
When talking about America’s secret currency, we need to know what official currency is. The official currency of the United States is the United States Dollar (USD). It is abbreviated with the symbol “$” and called “dollar” or “US dollar” to distinguish it from other currencies that use the term “dollar” (such as Canadian and Australian dollars).
The US dollar is the world’s most widely used currency in international trading and the world’s leading reserve currency. Central banks and financial institutions hold significant US dollars as international monetary reserves. The US dollar’s status as a global reserve currency is due to several factors, including the size and stability of the US economy, the depth and liquidity of financial markets, and the fact that the US government has never defaulted.
The Federal Reserve, the central banking system, currently issues the US dollar. The Federal Reserve is responsible for regulating the supply of money and credit to the U.S. economy, working to promote economic growth, price stability, and full employment.
As for physical currency, US dollars are printed by the Bureau of Engraving and Printing and distributed to banks and financial institutions nationwide. In addition to banknotes, US dollars also exist in electronic form, and most transactions in the US economy are now processed using digital payment methods.
What Is America’s Secret Currency?
Behind the wealthiest families in the world are “secret” investments few Americans know. If you want, you can say “America’s secret currency.’’
It is beyond the reach of governments and corporations. And it can have excellent results. In the past, this investment has yielded 500% to 1,000% returns.
We call it “secret currency.” And today, we will show you how you can benefit from it.
America’s secret currency is in the form of gold and silver. But this is different from your typical precious metal investment.
It has nothing to do with mining stocks, mutual funds, options, futures, or bullion. Instead, it’s a currency many of the world’s wealthiest families have used for centuries. Dozens of wealthy families still use this investment to grow and protect their wealth. This investment is similar to regular gold and silver, only better, and has the potential to yield much higher returns.
How Is the History Of America’s Secret Currency?
According to an index that tracks the market as a whole between 1972 and 1974, its investment increased by 348%. At the same time, the stock fell 34% according to the S&P 500 stock market index.
Although the stock market plunged 35% from 1976 to 1980, according to the S&P 500 index, the investment earned him 1,195%.
Most recently, between 1987 and 1989, a cryptocurrency investor made 665% of his return. During that time, the stock has been on a roller coaster ride, going up and down dozens of times. When brokerage firm Salomon Brothers last included the vehicle in its annual investment survey, the secret currency ranked first over the past 20 years with a yearly return of 17.3%. For the last 20 years, they have been able to get by with their money.
According to an article in the Chicago Tribune, it surpassed stocks, bonds, plain gold and silver, art, diamonds, U.S. Treasury bills, real estate, and oil.
What we want to tell you is how to invest in rare coins.
Before you dismiss that idea, remember that this is an investment that the world’s most influential and wealthy families have used for generations. But it’s more than coins that we want to show you how to invest. It’s a particular group of gold coins.
The coin was minted from 1907 to 1933 when Teddy Roosevelt’s cousin Franklin Delano Roosevelt made it illegal for individuals to own gold and melted down many of these beautiful coins—rice fields. After gold was banned in 1933, he was not allowed to own gold privately in the United States until 1974.
The entire 1933 Saint-Gaudens Double Eagles series is said to have been destroyed by his FDR, but ten coins somehow made it out of the mint. Nine have been recovered and destroyed by the Secret Service over the years. The government seized his tenth coin and arrested him in New York, but the government case broke down and was settled. The cash will be auctioned, and the proceeds will be split equally between the government and the other party. This was $20; his 1933 Saint-Gaudens Double Eagle sold for $7,590,000. This is the highest amount paid for the coin.
The $20 Saint-Gaudens gold coin has a slightly lower intrinsic value than the price of 1 ounce of gold simply because it contains nearly 1 ounce of gold.
Of course, coin lovers will always pay more than the melting price for the $20 gold Saint-Gauden coin, considered the most beautiful coin in the world. But now we can own a piece of history and real money in real gold for a small premium over the meltdown value of gold coins. He has 2. There are types. Rare and common. Common gold coins are called “bullet coins.” This is because 1-ounce gold bullion coins generally sell for about the same price (or a small premium) as 1-ounce gold. Famous gold coins include South Africa’s Krugerland and Canada’s Maple Leaf.
Rare gold coins are called “money coins.” These coins trade based on rarity, rarity, and collector demand. This means a rare and highly valued 1-ounce gold coin costs tens of thousands more than a regular gold bar.
Then there is a third kind of gold coin. Some people call it a “hybrid coin.” These coins have characteristics of both bullion coins and numismatic coins but are neither. The classic Saint-Gaudens is a classic example of a hybrid. For example, the Saint-Gaudens from 1924 to 1928 is highly collectible and easy to buy and sell. Like bullion coins, they have enough numbers of circulating and contain just under an ounce of gold.
How Can You Buy Amarica’s Secret Currency?
There are many ways to buy this America’s Secret Currency. If they have been graded and sealed by the grading service PCGS, it is OK to buy them sight unseen. So you can buy them through your local dealer or try your luck on eBay. (I typed “Gaudens” into eBay recently, and more than 1,000 items came up.)
The question is: What is the right price? There are many coin price guides out there. Also, different price lists display entirely different prices. Pricing guides fall into two categories: ‘retail’ pricing guides and ‘dealer’ pricing guides.
“Retail” is the price that car dealers charge for used cars. “Retail” is usually a retailer’s dream, especially for easy-to-find coins like the 1924-1928 Saint-Gaudens.
To Sum Up
In conclusion, examining America’s secret currency’s origins and hidden symbolism is invaluable. It involves learning about secrets from the past, connecting them to the present, and propelling humanity into a future where these stories exist in tandem with modern realities. Through our lens on American symbolic creation and the proliferation of these expressions, we can begin to further our understanding beyond a single surface perspective of disparate documents to an intersectional timeline full of unspoken historical narratives. By discovering what is hidden beneath these seemingly mundane objects, everyday Americans have a greater capacity to understand the importance of their history and move forward with intentionality towards a positive collective destiny. But do not forget that experts say it is not real.
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