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Big, Beautiful Coins Are Highly Prized
By Brett Bogus

If you place a silver dollar or $20 gold piece next to a gold dollar or three-cent silver coin, I'm sure that 8 out of 10 times a person will reach for the larger coin first. The big, beautiful coins are the ones that grab the attention of almost everyone.

So it was at the Long Beach Coin and Collectibles show the first week of June. The chance to see, first-hand, a complete collection of American $20 Liberty gold pieces was something in and of itself. To see them in such pristine condition was an additional thrill; there had never been a complete set ever displayed. With some 8,000 different U.S. coins available to collectors, there are levels of collecting just as with any other undertaking. For 149 years, the big leagues have been represented by the $20 gold double eagle. They were the largest regularly circulated coin produced by the U.S. Mint between 1850 and 1933.

There have been only two collections of the entire issue until now.

One collection was assembled by Louis Eliasberg, the only man to ever own one of every coin struck by the U.S. Mint. The other was by Josiah Lilly, who put together one of every gold coin struck by the U.S. Mint.

Now, comes the Eagle Collection... consisting of each business strike $20 Liberty gold piece struck between 1850 and 1907, including the three proof-only years. It has an average grade of 60.9, the finest of the three sets.

NGC president Mark Salzberg says "its one of the finest sets ever assembled." The classic rarities are the finest known, or condition census specimens. The desire to put this set together required sizeable capital and lots of legwork to track down all the pieces, this was a labor of love for me also. My desire to put together something that no one has ever done intrigued me very much. It is the highest quality set ever assembled. Both the Eliasberg and Lilly sets have been broken up, so this is the only known set of $20 Libertys. I knew that this set had the makings of one of the most important set of coins to come into the public domain in many years. With the acquisition of each new piece, our excitement grew as we watched the set come closer to reality.

Throughout my years in the industry, companies have been telling their clients that a complete set of anything carries a premium of 10-30 per cent, when compared to the value of the individual coins. Most sets promoted by dealers are not real sets; they are very common generic sets. This set, however, is one of the most sought after sets ever assembled There are no others known, period. You will see lots of silver dollar sets, nickel sets, penny sets and even St. Gauden sets; but, it was practically unheard of to complete a Liberty set of $20's. Lots of dealers have been promoting the sale of almost every coin known to man, and every month their recommendations change. For nearly five years now I have been promoting the sale of Type II and I $20's. Many of these coins have doubled and tripled in value since they were acquired. We continue to focus our efforts on the big coins... the ones that our customers have bought and seen increase in value, even outperforming the Dow in some cases. The big coins are beautiful. Just ask our investors.

 

One-of-a-Kind Collection of $20 Double Eagles Completed

The 150 coins contained in the recently completed Eagle Collection $20 Liberty gold set. The collection was displayed in Long Beach, CA in June 4-6.

After eight months of painstaking effort, Eagle Numismatics has completed a 150 coin collection of Liberty Head Double Eagle gold coins. It included every coin from every mint between 1850-1907. The collection received the pedigree of the "Eagle Collection" in recognition of the Texas company's role in building it.

"This is obviously a significant collection due to the fact that it is absolutely complete," said Mark Salzberg, President of The Numismatic Guarantee Corporation of America (NGC), "It encompasses some great rarities. I don't think anyone will be able to top this set easily." Premier among these according to Salzberg is the 1856-0 double eagle. "It displays an absolutely full strike and mirrored fields," said Salzberg, "It is one of the great rarities we have graded at NGC. This magnificent coin has been designated as a 'Specimen' striking by NGC, which rated it Mint State-63. A rarity in any grade, this finest known coin is one of 10-12 known."

The collection is thought to be the only one of its kind in the world, according to officials from NGC, the nationally known grading and standards company. "There were obviously a lot of resources behind putting together this set... It is important to work with a dealer who has knowledge in this area," said Salzberg

"Not only is this collection of the highest importance for its scope," said Brett Bogus President of Eagle Numismatics, "but it also includes several outstanding individual rarities." "The new collection includes several coins costing from $150 thousand to $500 thousand dollars," said Bogus. The collection was assembled by Eagle Numismatics acting for a West Coast collector. Among other rarities in the collection is the 1854-O. NGC has graded the Eagle Collection example as About Uncirculated (AU)-58 the finest known. The collection also includes the former John Jay Pittman specimen of the 1851 Philadelphia Mint Double Eagle, NGC graded MS-61. The Eagle Collection's rare 1855-O twenty has been certified as MS-60 by NGC. One of the most famous of Coronet Double Eagles is the 1861 San Francisco Mint issue with Anthony C. Paquet's rejected reverse die. Fewer than 20,000 pieces were issued, and the Eagle Collection example is an impressive AU-58. Several rarities exist among the Carson City Mint Double Eagles. The greatest of these is the first year edition dated 1870. Walter Breen, noted numismatic researcher said that this coin is unknown in Mint State, and the Eagle Collection specimen has been graded a very respectable XF-45. Other CC Mint highlights include 1871-CC (AU-55) and 1872-CC (AU-58).

The 1879-O Double Eagle is a major rarity in all grades, and the Eagle Collection example is an almost unheard of MS-60 grade. Other late date rarities include 1881 (AU-55), 1882 (AU-58), 1886 (AU-55) and 1891 (AU-58). These Philadelphia Mint issues were all made in very small numbers, and collectors of that time showed little interest in them, preferring to save only proofs. Among the important proof-only dates of the 1880s, the Eagle Collection includes some very impressive pieces according to Mark Salzburg, president of NGC. "This is a phenomenal aggregation," said Salzburg. "The owner of this collection joins a very exclusive club." These NGC-assigned grades back him up: 1883 (Proof-64 Cameo), 1884 (PF-64 Cameo) and 1887 (PF-66). The Eagle Collection was presented for the first time early in June at the Long Beach, CA Coin and Collectibles Show.

"Attendees at the show were thrilled at the sight of these magnificent coins," said Eagle's President Brett Bogus. "And, it's easy to understand how thrilled we were to put this collection together." The outstanding quality of the individual coins is made evident by a recent offer of $700,000 for only one of the coins. The offer was turned down, according to Bogus. "We're certain it has additional value," he said. Amid tight security the collection was on display at the Long Beach show, June 4-6, then was to be relocated to vaults near our Houston office.

Examples of the Mint quality of the coins in the Eagle Collection,

1851 Pittman/Eagle MS-61, 1856 O Specimen MS-63, 1870 CC XF-45, 1875 CC MS-63, 1879 O MS-60, 1883 PF-64 CAM, 1887 PF-66 a complete set of U.S. $20 gold pieces.

 

Rare Coins Provide Opportunity for Profit

Coins are not rare; money is. Yet, throughout the coin industry, coin dealers promote the most common coins as if they are rare. The fact is there's been an erosion in coin value because of more supply and less demand of common coins. The real value and opportunity is in identifying and capitalizing on rare coin trends. July the 30th 1865 the Brother Jonathan steam ship sank in 255 feet of water, off the Oregon Coast. Lost were 181 souls and over 1200 rare San Francisco mint $2000 Liberty coins. 1000 coins recently sold at auction for $4.7 million, approximately 1/2 were purchased by one bidder. History and rarity combined to fuel the price.

Within the next few years, thousands of uncirculated coins will be marketed to the general public from the salvage of the SS Central America. Rich with history, the sale will create a new demand for Type I and Type II $20 Liberty Gold. As media and public interest explodes there will be a tremendous pressure on these coins. This fabulous find will create a new demand. Everyone will want to obtain a piece of America's history. But even as first-time coin collectors enter the market it is the truly serious investor that holds the potential to gain very large profits at this time. The coin in highest demand will be the Type II $20 Liberty coin. This information proves invaluable. With all the new investors, more pressure will be put on the market, benefiting collectors holding quality coins. The $20 gold coins salvaged from the shipwreck are extremely rare. The Type II Libertys are the most rare and only one in 10,000 collectors will be able to own these coins.

Coin collectors are everywhere. According to one estimate, as much as ten percent of the US population collects coins. The coin market is expanding. Newspaper advertisements for rare coins are becoming common place. Coins are even offered for purchase on televised shopping programs. As new collectors come into the market and demand increases for truly rare coins, the potential for profit increases. Most investors are not experts in the field of numismatics. Mintage, availability and market trends are all-important factors to consider and this is where a professional numismatist can help. It is also important to have someone who can evaluate your holdings, give you the sell signal and help you liquidate your holdings and capture your profit when the time comes.

Our top recommendations are the acquisition of Type I & Type II $20 Liberty gold pieces. With a combined total survival of only 28,439 pieces, these coins are as much as 1000 times rarer than the St. Gaudens $20 gold pieces at a very negligible premium. The good news is that for less than $600 per ounce of gold, you can own really rare coins.

Trade out of your holdings.
Eagle Numismatics routinely takes in large collections of non-performing and declining coins in exchange for coins that produce a profit for the collectors. Eagle Numismatics can evaluate your holdings and help you reposition your portfolio by turning your non-performing coins into truly rare coins with potential for return. There is a collector for most every coin. We have the connections to facilitate the transaction for you. Most collectors are not collecting as an investment, even though they should. It only makes sense to possess and hold beautiful items that will appreciate in value because of rarity and demand. Those that take early positions will see the largest percentage of profit.

Growing Interest     By Brett Bogus

It’s gratifying to see the exploding interest in rare coins, knowing that it’s a trend that could continue for many, many years.

As more and more people look nervously at their paper gains in stocks, they’ll be seeking ways to protect those gains against future uncertainties. Rare coins offer that protection and much more.

About ten percent of the population is involved in collecting coins. We know many people who have made a lot of money in stocks and mutual funds. That money needs to be protected, and the 90 percent of the population not currently in rare coins will ultimately turn to hard assets as a store of value, and put more pressure on the prices of rare coins. There’s another factor that could have a significant effect on the price of rare coins – the Asian economy.

With some stock trading ratios at 1200 to 1500 percent over revenue, some investors are beginning to look at bargains halfway around the world. Bargains that could be bought with gains from the recent runup of stock prices. Of course, as that money heads to the Far East in search of bargains, the stock market would feel the crunch. U.S. interest rates would rise, as banks seek to snag some of the fleeing capital on its way out of town.

Or, maybe not.

You can look around and find a scenario to suit just about anyone’s fancy. But, one thing still is true. Hard assets protect against uncertainty in financial markets and uncertain economies. Gold in some form offers a safe, secure way to protect some of those assets. And, even better than gold, are rare coins.

Take a few minutes and take "stock" of your situation. You may find that it’s time to begin protecting some of what you’ve got with what we call "wealth insurance", in the form of a portfolio of rare coins. Call me today, and I’ll be pleased to answer any questions. 1-888-273-8873

 


Rare Coins Shine for Investors

It makes sense for most investors to secure a portion of their assets in gold. Bullion and American Eagles usually make up about 30% of a gold portfolio and are a good hedge against inflation. Record demand on them will undoubtedly continue increasing through the rest of 1999. It is the other two thirds that have the huge potential for investment level returns. In fact, some investors in rare gold coins are enjoying double-digit profits.

The mild upticks and downturns in the price of gold would have made a buyer of bullion into a pure dollar-cost-average investor over the past year, providing only a safe haven for capital. Yet the same money put into the right Type I and Type II gold coins could have almost doubled in the same period.

The facts of rare coin investing are so simple as to be plain: They’re just not minting any more 1850s-1870s gold coins! Only 26,790 coins are known to exist. There are 20,000,000 collectors. Demand is higher than supply in our market. Once that fact sinks in, the stock markets’ appeal and bullion gold’s luster begins to fade and the lure of rare coins commands the investor’s attention.

Interests vary widely

People come to rare coins for many different reasons. Some like to study the history of a period or a region. Others like the pride of ownership and get enjoyment out of holding something of which there may be only a very few in the entire world.

Some people enjoy the "chase" and put their spare time and investment capital into building "sets" of coins. This is particularly profitable; once a set of a given year’s production, or a certain type of coin is complete, the set itself gains added value. Additional premiums of 10-30% in hot markets over and above the price of the individual coins can occur. This market is poised to explode. With this information, newcomers are getting into collecting for the simplest of all reasons: profit.

Outperforming the Dow

As good as the years-long runup in the price of stocks has been over the past few years, the increase in the value of rare coins has been better. Mutual funds tout their percentage point gains over the Dow, and maybe even over gold and silver bullion. But, you’ll never see a mutual fund point to the past 28 years and announce a gain of 500 percent over and above what the Dow has achieved.

That’s right. Top quality rare coins outperformed the stock market over a 28 year period by a factor of 500 percent.

It’s the economy, stupid

"Our economy came out of the recession in the 80s and charged straight into growth," says Brett Bogus, President of Eagle Numismatics, and a leading expert on rare coins. "It will continue this growth cycle which will inevitably be followed by an inflationary period and we’ll see gold coins continue rising throughout both of these periods."

"Increasing wealth among all kinds of investors will mean there’s even more money chasing the same number of rare coins. This still gives newcomers to the coin market time to get aboard during the growth cycle, with lots of upside potential while providing downside protection," Bogus said.

"I suppose you could put your money in Dusenburgs or Bugattis," said Bogus. They’re rare, too, but as Bogus pointed out, they don’t have the advantages of rare coins. Bogus noted that Congress has expanded the rules on Individual Retirement Accounts (IRAs) to allow investments in gold, silver, platinum and palladium. Investors are using gold coins to build value in SEPs, IRAs and pension plans. "Bullion gold is still pretty cheap at around $300 an ounce," said Bogus. "Yet for only about $600 an ounce, buyers can own some truly rare coins." A rare coins’ true value is based on condition and scarcity, much more than just their assayed gold content.

One phone call can reveal plans for all sizes of investment portfolios and we can tailor one to suit any investor. Private fortunes have been amassed investing in rare gold coins. Eagle Numismatics recommends that 15-25 percent of an investment portfolio be in hard assets, with an even one-third split among bullion coins, semi-numismatics and rare coins. This mix gives our customers a good hedge against the unforeseen, as well as upside potential for growth.




Privacy of Coin Trading is Allure for Many Buyers

Chagrined federal banking regulators have been oddly silent since the death of their ill-conceived "Know Your Customer" proposal to turn America’s bankers into money police.

The plan would have made bankers report details of all sorts of customer transactions. These perfectly legal transactions were more than bureaucrats thought mere mortals ought to be allowed to handle, without the watchful eye of Big Brother. With the death of KYC, after tens of thousands of letters, faxes and telephone calls from citizens, comes the realization that privacy matters.

Privacy has been described as the state of being "left alone". But, it’s not quite that simple. Though it plainly states on the face of the card in your wallet, "Not to be used for identification", your Social Security number appears in all sorts of places and has become a de facto ID number.

Coin transactions are private

One of the most attractive aspects of dealing in rare coins is the privacy afforded in the transaction. Despite the best efforts of overeager bureaucrats, there is no dealer reporting to any government agency of any rare coin transaction. This non-reporting includes whether a profit or loss was made on any transaction.

"Americans have always valued their privacy," said Brett Bogus, President of Eagle Numismatics.

"In addition, people who’ve accumulated a level of wealth don’t want others to know details about their dealings."

"We go to every length to ensure clients’ privacy," said Bogus, "and, we never provide their names or addresses to third-party companies. Our clients are our business."

"Whenever possible, when a buyer wants a coin, we look first to our clients’ inventories to make the purchase. Our clients appreciate both the discretion we use in handling a sale, and the chance to see an increase in value of their holdings," said Bogus.

If you’ve grown tired of constant solicitations every time your name is sold, please call 1-888-273-8873 and ask for all the details on the privacy afforded by trading in rare gold coins.



"I'd like to leave them something besides money... my values"

We do business with all kinds of investors and one type seems to be appearing more often these days. We’re getting calls from people who all have the same idea...how to move some of their accumulated wealth to children or grandchildren, without just writing a check.

Many of these people say they want to stimulate an interest in history, or economics among their offspring, create a value based hobby that develops study and investigative skills, not just provide them with a cash cushion.

In many cases, they have already provided for their heirs with wills, trusts or other instruments. But, they want to give something intangible, an appreciation not just for wealth or what it can buy, but for the events of the past, or perhaps some of the knowledge that was required to amass that wealth. In short a legacy.

For many of the people, coin collecting fits the bill quite nicely.

Coins can represent a certain part of the world, a particular era in time, historic and heroic events like the sinking and recovery of the SS Central America’s 23 ton cargo of gold bars and coins. The release of this hoard will provide great opportunities for those positioned in Type I & II San Francisco coins of this period.

For many it is owning the finest examples of the art of the engraver.

There was a time, we can remember, when grandparents would give savings bonds to instill thrift in youngsters. Hanging on to a bond made it worth more over time. But, roaring inflation in the 60s and 70s has seen bonds fall out of favor.

It seems the time is coming when a grandparent should put a little money in American Eagles or a sizable amount in a 1850 Libertys, and pass on a piece of history as well as some cold hard cash. Eagle Numismatics can help you develop a plan to take advantage of gift tax exemptions.

 


SS Central America

In 1857 the SS Central America found itself in the midst of a hurricane off Cape Hatteras carrying 578 passengers and crew and more than 23 tons in gold bars and coins. In 1987 a four year salvage operation began. After searching 1400 square miles the ship was found in 8000 ft. of water, 200 miles out to sea.

The sunken treasure, recovered by the Columbus-America Discovery Group, generated mass media interest at the time. But for 10 years the gold was put in limbo as the Columbus-America Discovery Group and Insurance companies battled for legal ownership of the sunken treasure. Recently the courts determined the Discovery Group deserved ownership of the treasure since they put in more than 411,000 man hours to retrieve it. The insurance companies were awarded under 8% ownership.

Three tons, more than $400 million in gold bars and coins have been salvaged from the legendary SS Central America, 20 tons of a secret military shipment remain in the icy depths of the Atlantic. The coins laid at the bottom of the ocean for more than 130 years and still have their original, freshly minted luster. Meticulous care was used to retrieve each coin. Most coins are valued at $8,000.00, a single 1857 double-eagle coin from the SS Central America in excellent condition could be worth close to $30,000!

Within the next few years thousands of uncirculated coins will be marketed to the general public. Rich with history, the sale will create a new demand for Type I and Type II $20 Liberty Gold. Television specials, books and films are chronicling the exciting recovery of this treasure. Since the court announcement and television profile on the SS Central America by NBC's Dateline in early June, new collectors are jumping on the rare coin bandwagon as the recovery of the largest treasure trove in history brings new interest to the rare coin market.

According to Brett Bogus, a professional numismatist specializing in rare coins and bullion, "As media and public interest explodes there will be a tremendous pressure on Type I & IL Liberty $20. This fabulous find will create a new demand." "This is the Event of the Century", Bogus said. "Everyone will want to obtain a piece of America's history."

But even as first-time coin collectors enter the market it is the truly serious investors that hold the potential to gain very large profits at this time.

"The coin in highest demand will be the Type I $20 Liberty coin," Bogus said. "And having this information proves invaluable. With all the new investors, more pressure will be put on the market, benefiting collectors holding quality coins."

The $20 gold coins salvaged from the shipwreck are extremely rare. The Type II Liberties are the most rare and only one in 10,000 collectors will be able to own these coins. In fact, these coins are 10,000 times rarer than the $20 St. Gaudens in mint condition. The SS Central America carried predominantly $5. $10 and $20 gold pieces minted in San Francisco from 1855 to 1857.

Advantages of Rare Coin Ownership

Enhanced Liquidity. Since the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) were founded over a decade ago, the industry has all but eliminated the concerns over grading. With the Certified Coin Exchange (CCE) in place, coins can trade on a wire similar to stocks and bonds.

The Thin Market. The entire certified US coin market could probably be bought for less than $20 billion. It is a large number, but considering that the equities market totals $5 - $6 trillion, the coin market is rather small. Jump at the opportunity to buy population unique coins, and try to keep the bulk of your buying in material with survivals of 200 coins or less. Many of these coins are out there, and for less than $1,500 to $5,500 each. Call us for our list!

Unlimited Profit Potential. Recent sale prices have been increasing an average of 25.7 percent each year. Several $1,000,000.00 coins have been sold. Certain recommended issues are over 120 times rarer than their coin cousins, at a fraction of the warranted premium. In the past 20 years rare coins have provided the highest return on money invested.

Privacy. Reputable dealers hold transactions in confidence. Only the collector has knowledge of their holdings. The Sell Signal. " We believe in providing the sell signal". We both buy and sell for our clients. When the opportunity arises to sell product you have purchased from us, you get the call. That is the level of service we provide our clients!





Eagle Numismatics Drives the Market

In $20.00 Gold Double Eagles

 

Eagle Numismatics sends out over 70,000 newsletters each month, just like this one, spreading the news of the opportunities in rare gold double eagles. Making for what some think is a self fulfilling prophecy. As more people realize the opportunities in numismatic coins the demand and the price will continue to increase.

Eagle Numismatics has been receiving the credit for driving that demand. "Those that take early positions will see the largest percentage of profit". Says Brett Bogus of Eagle Numismatics.

"We recently have taken in large collections of non-performing and declining coins in exchange for coins that have already produced a profit for the collectors." Eagle Numismatics can evaluate your holdings and help you reposition your portfolio by turning your non-performing coins into truly rare coins with potential for return. "There is a collector for most every coin. We have the connections to facilitate the transaction for you."

Most collectors are not collecting as an investment, even though they should. It only makes sense to possess and hold beautiful items that will appreciate in value because of rarity and demand.

Tax Free Trading

Unlike stocks and traditional investments, you pay no capital gains on coins when trading. Taxes due are and should be reported by the investor when the coin is sold for cash. Then it is the responsibility of the investor to report the gain. No 1099 is issued and no transaction is reported by the dealer.

Eagle Numismatics' clients know that Brett sells from his client's inventory, giving them every opportunity to resell their purchases at a profit.

Whether the Year 2000 problem has you concerned or the stock market's radical changes are sending you a signal or you just want to make a lot of money and keep your holdings private. The right position in coins can help you meet all your objectives.



 

Diversify Your Portfolio

Strategy: Buy Low, Sell High

For investors who want to make money and own beautiful things, rare coins can satisfy both requirements.

Over the past 28 years, top quality rare coins have outperformed the Stock Market by a factor of 500%.

Considering the growth of the economy and the Stock Market, this is an amazing feat. The American economy and coin market are continuing to react. This considerably increases the investment potential common in collecting rare coins. Bogus also stresses the importance of diversification in your portfolio.

The US economy has been steadily expanding; in fact the Dow Jones Industrial Average (DJIA) has more than doubled since 1992, showing the Stock Market can prove to be unpredictable.

With gold having dropped to 20-year lows it is easy to see why top financial publications (like Money Magazine) and financial planners believe now is a good time to have at least 15% of your net worth in tangible assets. With the recent drop in the Dow, in excess of 1700 points in the last month, the flight to Treasury Securities will lead investors to the safety of gold. "Though most investors are still light in this area, I believe it certainly makes sense to put the best investments possible in to your portfolio," Bogus advised.

	Mintage, availability and market trends are all-important factors to consider, and this is where a professional numismatist can help. It is also important to have someone who can evaluate your holdings and help you liquidate to capture your profit when the time comes.

	"Coins that can be found at any show, at any time or in any quantity DO NOT have the investment appeal that a coin which comes around infrequently does."

 




"First, get the gold"

March, 1932 was a bitter end to a cold winter for Americans. Banks, by the thousands, had closed and swallowed people’s savings. People were waiting in long lines to pull their money out. They were taking it out in gold and gold certificates. Gold was being sucked out of the US monetary system at a rate of $20 million a day. The treasury was in a quandary trying to expand the currency supply, even as the gold which backed it was moving into citizens’ hands. More paper was backed up by less wealth. Three years of deflation since the crash had closed over 5500 banks. The 18,600 surviving banks had about 6 billion in cash to support over 40 billion in deposits.

The math didn’t work.

Something had to be done. President-elect Franklin Roosevelt had appointed William Woodin, a man from the Railroad industry, as Treasury Secretary. Woodin’s hobby, coincidentally, was collecting $5 gold pieces. They held a marathon 24-hour meeting at Roosevelt’s New York City townhouse to decide how to deal with the growing crisis. Roosevelt wasn’t even in office yet, but the financial problem was clearly the first item of business to be dealt with. Their meeting dissolved in a light snow the next day, as the party moved to Washington, D.C. via rail for the inauguration. Banks had already begun limiting withdrawals to five percent of balances. In 21 states, banks were closing or had closed.

Roosevelt’s first stop was Washington’s Mayflower hotel. An icy visit followed at the White House with outgoing President Hoover. He had just been given his last paycheck — $500. There were questions about whether anyone else in the government would be paid. There wasn’t enough money to meet the government payroll.

In the two days before Roosevelt’s inauguration, $500 million dollars had been cleaned out of America’s banks.

Roosevelt was inaugurated on Saturday, March 4th and within a day moved to deal with the problem. Retiring to the oval office he dragged out the 16-year old "Trading with the Enemy Act". (It was passed during The World War to control money flow.) By invoking it, he effectively stopped the flood of gold by shutting down all the banks for four days. That would give him and his new Treasury Secretary time to write the legislation they needed to accomplish the mission...get back the gold.

In just days, William Woodin would see American ingenuity at work. Scrip was being issued in the millions in states and cities all across the country. In addition to scrip, citizens used barter, credit, stamps and streetcar tokens to conduct their business. Atlanta, Richmond and Knoxville all had seen Washington’s money become worthless only 70 years earlier and knew how to take care of themselves.

By Thursday March 9, a bill was rushed through Congress and Roosevelt signed it into law. The measure would start the printing presses and they wouldn’t stop until an additional two billion dollars had been pumped into the American economy. The government knew where the wealth was, in mattresses and backyards across the country. They had to get it back. The new emergency legislation prohibited owning gold. Newspapers published lists of people who had withdrawn gold. They were shamed into lining up to deliver what they had so painstakingly protected. Gold was out, paper was in, inflation as an official government policy was born.

Today, as Asian and world economies recover, capital moved to the US to be sheltered in the stock and capital markets will be returned to over seas economies. 		This will start the devaluation process of the dollar. The billions of dollars leaving this country will put pressure on interest rates, trigger the inflationary phase of the economic cycle. As the value of the dollar drops the spot price of gold should increase; as will the price of all gold. Investors in droves will seek the safety of gold once again. 		According to Morgan Stanley Investments demand for gold was 50.3 tons in the 4th quarter of 1998, a 133% increase over the previous 3 quarters. Economic models show that with supply already tight, returns for investors will be great. 			Numismatics are not subject to confiscation and under public law 99-185 gold eagles are considered numismatics.

 







Another Word About St. Gaudens

 

In the early 1900ís through the beginning of the Great Depression (you know, the one that began in 1929), the United States of America traded with Europe in the form of gold. That gold was coined into $20 gold pieces and shipped overseas by the bag. Europeans have always had a knack for being better investors and wealthier than most, and so these sacks of $20 gold pieces remained in Europe until 1974 when it became legal to own gold in this country again.

Today when dealers are in need of additional product, we simply get on the phone and call some of the large European dealers and order what ever quantity of St. Gaudens are required to handle the demand.

In the ten years I have been in this business "I have never heard of dealers running out of or having any difficulty acquiring Saint Gaudens."

More than 64,800,000 were struck. 750,000 have been certified. That's why they are so popular. Everyone has them; everyone wants to sell them. For not very much more you can have gold that is 30 times rarer.

The current certified population of MS-63 St. Gaudens is 242,568 coins; the common dates sell for $525 each. Ideally, the same ounce of gold purchased in the Type II $20 market is graded AU-50 or 53, but there are only 4,048. In the last 4 years while gold and St. Gaudens have lost value,Type II $20ís have appreciated. Whether for preservation of capital or making money, if you are considering spending $525 an ounce or more for your gold, which would you rather own? One of 242,568 or one of 4,048?

One final note, due to the drop in gold prices, Europeans have very little desire to sell the small fractional coins that I have become so fond of. Circulated British Sovereigns trade for nearly $10.00 more per coin today than when gold was at $350 an ounce. Even the Swiss /French 20 Franc has picked up an additional 50 cents per coin. Europeans are not stupid; they don't want to sell their gold.

	However, everything is for sale at a price. Call for the latest update on the best product available.

 

 

Investors may want to take a serious look at their portfolios. Over the past 28 years, top quality rare coins have outperformed the Stock Market by a factor of 500%. Considering the growth of the economy and the Stock Market, this is an amazing feat and the American economy and the coin market are continuing to react. This economy of ours has left the recovery stage behind, moving forward into rapid growth. The next phase will move into an inflationary phase, and should continue to bring outstanding returns on coins.

"The rare coin market tracks the economy," said Brett Bogus. A professional numismatist, specializing in rare coins and bullion. "Prices may fall during a recession, but they always risen during periods of economic growth, with or without inflation."

In addition to the investment potential common in rare coins, Bogus stressed the importance of diversification in an investor's portfolio. Although the US economy has been steadily expanding, in fact the Dow Jones Industrial Average (DJIA) has more than doubled since 1992, the stock market can be unpredictable.

Investment experts have long recommended that 15% of investors net worth be placed in tangible assets. Most investors are light in this area, "It certainly makes sense to put the best investments possible in your portfolio," Bogus advised. "There is still time to capitalize on rare coin acquisitions and to earn great returns, while still taking advantage of incredible bargains."

He explained that Congress has even expanded Individual Retirement Accounts, allowing investments in gold, silver, platinum and palladium.

Coin collectors are everywhere. According to one estimate, as much as ten percent of the US population collects coins. The coin market is expanding. Newspaper advertisements for rare coins are becoming common place. Coins are even offered for purchase on televised shopping programs. As new collectors come into the market and demand increases for truly rare coins the potential for profit is large.

Most investors are not experts in the field of numismatics. Mintage, availability and market trends are all-important factors to consider and this is where a professional numismatist can help. It is also important to have someone who can evaluate your holdings, give you the sell signal and help you liquidate your holdings and capture your profit when the time comes.

For many years, investors and coin dealers used the Salomon Brothers Survey of investments claim that US Coins were the #1 investment, as the standard. However, as only a small portion of US coins were listed, for that reason Salomon Brothers discontinued the inclusion of rare coins in their investment survey.

Recently, an even more valuable tool was developed to aid the investor/collector. A comprehensive index of virtually every important US issue coin was compiled by Coin Universe (CU). The project was done in cooperation with the Professional Coin Grading Service (PCGS), the Numismatic Advisory Board and rare coin experts.

The CU 3000, as the index is commonly called, covers 3000 different issues and grades. The index features 832 coins in a wide range of grades. In addition, the CU 3000 accurately tracks the movement of prices in the rare coin market since 1970.

According to Bogus, PCGS is enthusiastic about the CU 3000. "This new index measures a combination of 3000 different issues and grades," noted Bogus. "It will provide the collector and investor with a more diversified, objective opinion of the market."

PCGS is interested in publicizing information about the CU 3000 and its benefits over previous guides. Eagle Numismatics wants to provide its clients with a 12 page, full color brochure which details the past performance of the rare coin market along with the performance of the major market segments. Call 1-888-273-8873.





The Buy Signal

 

Once an investor has decided to get into the rare coin market, there are some basic rules to follow. "Own rare coins," says Brett Bogus, "Not a pile of miscellaneous junk." Bogus specializes in rare coins and bullion at Eagle Numismatics "You are better off with two to five really choice, rare, pieces rather than 20-30 mediocre coins," he advised. "Buy rare coins certified by NGC and PCGS only. The average investor should immediately begin a steady accumulation of these coins. Never before have all the right signs been present for the urgent commitment of funds to this investment. Profits of multiple hundreds of percent are possible for those who aggressively pursue the right coins now."

Following the largest companies in the rare coin industry for nearly a decade, Bogus was quick to share the DO's and DONT's of the trade.

He recommended: · Talk to your representative and come up with a game plan. · Deal only with experienced brokers who understand global economics, and who have been involved in other markets. · Try to do business with one firm, make a friend and enjoy your collection.

"Coins that can be found at any show, at any time or in any quantity DO NOT have the investment appeal that a coin that comes around infrequently does" he noted.

"My top recommendation is the acquisition of Type I & Type II $20 Liberty gold pieces. With a combined total survival of only 22,260 pieces, these coins are as much as 1000 times rarer than the St. Gaudens $20 gold pieces at a very negligible premium." Others that Bogus favors include: Liberty Gold III $20ís, Carson City, Philadelphia, and San Francisco minted $1.00, $2.50, $3.00, $5.00, $10 and $20ís.

"Collectors love big, beautiful, coins and the tens and twenties are what is hot in the market today," he explained. "The good news is that for less than $600 per ounce of gold, you can own really rare coins".

Bogus is available to evaluate and analyze rare coins for investors or collectors. He explained that PCGS and NGC, both founded more than a decade ago, have all but eliminated concerns over grading. In many cases, dealers can provide a sight-unseen indication of a coin's value and make a bid over the telephone.

However, Bogus strongly recommended letting a dealer see a coin before confirming any sale. Bogus provided a point of reference for the size of the coin market.

	Yet the profit potential is very real in the coin market.

	"Several one million dollar coins have been sold," he added. "I believe these profit figures should continue over the next several years and/or generations."

If you are holding common material, it can be traded for true rarities. There are great values from as little as $550 per ounce of gold. Buying a coin with 1000 times rarity for a 65% premium is a very good value. A coin that has large quantities available could never equal these profits.





Evaluate the Market: "It's the Economy, stupid."

That statement got a president elected and changed the focus of a nation, ushering in the strongest economy seen in a generation.

This economy of ours has left the recovery stage behind, and has moved forward through rapid growth. The next phase the economy will see is the inflationary phase. The stock market is nervous about it, the Federal Reserve is trying to stall it, but it will come; and when it does, interest rates will soar, the stock market will fall and the value of hard assets will increase.

Capital flight, as always, will move to the security of gold. Over the past several years large investors have moved to physical gold. Several 25,000-ounce transactions have taken place. Warren Buffet of Brookshire Hathaway fame has spent $600 million acquiring 120 tons of silver. All signs point in the same direction; bullion and coins are poised for a move across the board. The right holdings will bring outstanding returns.

"The rare coin market tracks the economy," said Brett Bogus, a professional numismatist specializing in rare coins and bullion. "Prices may fall during a recession, but they always rise during periods of economic growth. We have seen outstanding returns without inflation." Although the coin market continues to climb, the prices of these rare coins have not taken off, yet. The time is perfect for an investor to enter the market before prices begin to soar.

 

There is a lot of new interest in coins; internet marketers and television home shopping clubs are creating and capitalizing on it. They are moving thousands of coins per day and are bringing new collectors to the market place. When they move to the quality coins, it will put upward pressure on the market. Those holding quality product will benefit.

"Own rare coins," said Bogus of Eagle Numismatics, "You are better off with two to five really choice, rare, pieces rather than 20-30 mediocre coins," he advised. "Buy rare coins certified by NGC and PCGS only. The average investor should

immediately begin a steady accumulation of these coins. Never before have all the right signs been present for the urgent commitment of funds to this market. Profits of multiple hundreds of percent are possible for those who aggressively pursue the right coins now.

"My top recommendation is the acquisition of Type I & Type II $20 Liberty gold pieces. With a combined total survival of only 22,960 pieces, these coins are as much as 1000 times rarer than the St. Gaudens $20 gold pieces at a very negligible premium.

"Collectors love big, beautiful, coins and the tens and twenties are what is hot in the market today," he explained. "The good news is that for less than $600 per ounce of gold, you can own really rare coins."

Bogus is available to evaluate and analyze rare coins for investors and collectors. He explained that PCGS and NGC, both founded more than a decade ago, have all but eliminated concerns over grading. In many cases, dealers can provide a sight unseen indication of a coin's value and make a bid over the telephone via CCE.

The profit potential is very real in the coin market. If you are holding common material, it can be traded for true rarities. There are great values from as little as $550 per ounce of gold. Buying a coin with 1000 times rarity for a 65% premium is a very good value. A coin that has large quantities available could never equal these profits. Bogus provided a point of reference for the size of the coin market."Several $1,000,000 coins have been sold," he added. "I believe these profit figures should continue over the next several years and/or generations."

Call Eagle Numismatics to learn how to buy one of 23,000 for the same price as one of 700,000.

Stock Market Roller Coaster Got You Dizzy?

Gold Coins in IRA's - A Smart Move

Congress has expanded Individual Retirement Accounts, allowing investments in gold, silver, platinum and palladium. For many, this is an easy way to use existing, stagnant dollars to take a strong position in coins.

There are opportunities in Gold American Eagles. We can show clients how a bullion coin can more than double in value, without gold appreciating in price.

Investors can receive tax deferred or tax free earnings on an investment that has potential exceeding money market, stocks or bonds.

"There is a unique opportunity if you make clear, concise and logical acquisitions. Several great collections have been sold in the last few years. The amount of profit on a percentage basis has been great. Over the long haul, coins can pay some of the highest rates of return of any actively traded commodity."





CU 3000: There's Proof!

  For the first time ever, a team of rare coin authorities has created a comprehensive index on the overall price movement of the rare coin market. This most valuable tool was developed to aid all investors/collectors.

The project was done in cooperation with the Professional Coin Grading Service (PCGS), the Numismatic Advisory

Board and rare coin experts.

The CU3000, as the index is commonly called, covers 3000 different issues and grades. The index features 832 coins in a wide range of grades. In addition, the CU 3000 accurately tracks the movement of prices in the rare coin market and has been doing so since 1970. Eagle Numismatics wants to provide its clients with a 12 page, full color brochure which details the past performance of the rare coin market along with the performance of the major market segments.

 

Congress has expanded Individual Retirement Accounts, allowing investments in gold, silver, platinum and palladium. For many, this is an easy way to use existing, stagnant dollars to take a strong position in coins.

There are opportunities in Gold American Eagles. We can show clients how a bullion coin can more than double in value, without gold appreciating in price.

Investors can receive tax deferred or tax free earnings on an investment that has potential exceeding money markets, stocks or bonds.

Whether to preserve capital, for long term growth, or as a hedge against what Y2K or the stock market might do; buy gold and silver now. We have seen a change. Over the last several months individuals have quietly been moving $50,000.00- $200,000.00 at a time into gold based SEPS, IRA's and pension plans.

Astute buyers turning to scarcity as a value indicator, as P/Es soar and commodities prices tumble

The Oz-like influence on the world of wealth accumulation (pay no attention to those indicators...all is well), is leading many investors to consider a whole new way of hedging their positions.

Last month, we touched on the P/E problem of trying to rate a hundred million dollar company, that has a brief track record of operational , a gleam of an idea and little else to bring to the table.

Aside from the ability to produce a stream of cash and reliability over time, scarcity, m,ore than almost anything else, is the more reliable indicator of the potential of an investment..

Even the utility aspect of bullion gold itself is continuing to lose luster as a precious commodity. Times are simply too good.

What's an investor to do to protect wealth?

Buy scarcity/rarity. Buy things that there aren't many of. Rembrandts and Rodins are a bit tough to transport, but the idea is the same. However, there's another choice for investors that's been sitting under there noses for 150 years...U.S. minted gold coins.

Liberty $20 gold coins offer the perfect combination of rarity and liquidity for a 21st century portfolio.

Consider the populations of various types of American $20 gold pieces of Type I (1850-73) and Type II (1876-1907) coins. There are fewer than 31,000 certified (the only type for investing) coins for the entire investing public! We've seen more than 31,000 people show up on bat night in September for a last-place baseball club!

It's estimated there are 20 million coin collectors in the U.S. alone, and while the vast majority of them probably can't raise the hundreds of thousands needed to buy a single, high grade, proof-quality coin, would you care to count the number who could scrape up around $585 to buy their first rare gold $20 piece?

Plenty. And their number is growing every day that this expansion continues. So, as the number of available rare coins remains static, the number of potential buyers (those with wealth to protect) continues growing apace, regardless that today's price of bullion gold continues falling. We believe that prudence dictates a portion of
an investor's portfolio (15-25 per cent) be in hard assets. There's still the "just-in-case" factor.

Call it wealth insurance if you wish.

We go a step further with our hard asset recommendation, and recommend that your assets be split in thirds:

This division of the asset base affords the investor a well-rounded selection of hard assets that will stand the test of time.

The scarcity of the truly rare coins, such as the 1882 Type III $20 gold pieces, could well afford significant appreciation for an investor as well. Now, there's a fascinating concept -- appreciation from your rainy day gold stash. Lots of people buying bullion these past few years probably wish they had placed some of their wealth into rare coins. A 60 per cent appreciation in the rare segment of your hard assets portfolio, makes a 10 percent drop in the bullion price a lot easier to swallow!

We've had many clients who've been able to turn a rare coin in a few months for double- and triple-digit increases over the purchase price.

Gold has been a store of value for thousands of years, even as economies ebb and flow. Yet, truly scarce and rare items have almost always tracked upward in value. They simply aren't making any more Van Goghs.. And, they aren't making any more 1882 Liberty Double Eagle $20 gold pieces, either. Each is a work of art, and each commands a premium price.

When you own one of just 79 Type I Loberty $20 gold pieces as just described, you can confidently wait until your price is reached before selling. The investor gains a lot of control with rare coins.

Modern technology makes business a world of innovate, adapt or die. And, adapting isn't a real viable alternative in many cases.

Consider telecommunications. POTS (plain old telephone service) has done okay up until recently. We could transmit raw data in varying rates of speed that allowed businesses to stay just ahead of the curve.

Then, there came a flood.

Fiber Optic. Satellite downlink. DSN. Cable modem. Which shares do you own today. Which would you like to sell tomorrow? The owner of rare coins isn't worried about a competing technology wiping out his advantage in the marketplace.

There are 9 graded MS-66 Type I Liberty $20s known today. E-commerce will have no effect whatsoever on their value, because their value is not utility-based. It's scarcity- based . Consider your investments. Are they something that people would wait in line just to hold, touch or look at?

Call us at 1-888-273-8873 for more information on the prospects awaiting you when you invest in scarcity.




Coins are way-kewl

Imagine being able to tuck a king's ransom inside your jacket pocket in a single plastic case, and know that it's the only one of its kind known to exist.

That's part of the "cool" factor of owning and collecting rare coins.

Our clients think that asset growth is pretty cool, too, and in some cases have seen their investments double in a matter of months.

But, the sheer beauty of numismatic coins can be spellbinding.

The shimmer of light, bouncing off a nearly perfect, mirror-like surface of a large gold coin can be almost mesmerizing.

Investors get that kind of rush, each time they look at their collection.

But, there's more.

Most of our clients have ended up becoming something of an expert in American history as it relates to their coin holdings.

Learning details of the gold rush, the annexation of California and the frantic growth of the American West, constitute an enjoyable aspect of owning gold coins.

Of course, many historians and history buffs pursue knowledge as an abstract, but for coin collectors, being able to actually hold an 1863 Liberty Double Eagle is its own thrill, and can never be duplicated in a history book.

Over the last two years, as we worked to assemble the Eagle Collection, we were able to pull back from the "chase" and consider the events surrounding the minting of each of the coins.

The mind-trips you take are phenomenal as you consider each coin's journey from the wild, wild west to the present.

Look in your pocket. There's a good chance you have one or two older coins among your loose change. While these are (probably) not worth more than face value, imagine where each has been, and the history that has occurred since its minting.

Now, add the beauty, value and appreciation potential of rare gold coins, and you'll see the way-kewl effect for yourself.


Investor Alert

Just as Eagle Numismatics spotted and has guided its clients to the profits in an increasingly scarce market of Type I and Type II Liberty $20 gold pieces, Brett has spotted an emerging oppotunity with recent date (1986-1996) one-quarter and one-half ounce American Eagles. The demand appears to be much more than the available supply.

The scacity is the result of two factors: low mintage due to high gold prices in the 80s and low survivability due to high conversion to gifts and jewelry (estimated at 90% for the period.)

Example: 1991 total half oz. mintage was 24,100, leaving an estimated 2,400 surviving specimens- a very thin market. Unlike half oz. Platinum American Eagles, an astute collector/investor could find major profit in those little gold pieces. In the current situation, $30,000 could control the available supply on any given day.

Each month, 160,000 Inside Trader newsletters like this are received by investors and collectors like you. Response to this alert will be high and the price will move quickly. Call 1-888-273-8873 and let's get started lining your portfolio with gold.


Don't forget IRAs when setting your investment goals

There is an added bonus afforded by last year's congressional action, expanding Individual Retirement Accounts to allow investments in gold, silver, platinum and palladium. For many, this is an easy way to use existing, stagnant dollars to take a strong position In gold coins.

Imagine beinjz able to move some of your investment dollars into rare coins!

You would have the combination of pride of ownership that every collector enjoys, the added appreciation potential afforded by rare coins (outperforming the stock market in many cases), and the additional advantage of a nontaxable IRA.

It's a combination that's hard to beat, and we've seen many investors taking advantage of the new opportunities in the tax code.

There are opportunities in Gold American Eagles. We can show clients how a bullion coin can more than double in value, without gold appreciating in price.

Investors can receive tax deferred or tax free earnings on an investment that has potential exceeding money-markets, stocks or bonds. Whether to preserve capital for long term growth or as a hedge against Y2K or what the stock market might do, buy gold.

We have seen a change over the list several months. Individuals have quietly been moving .$30,000.00 - $500,000.00 at a time into gold based SEPs, IRAs and pension plans. If you'd like to 6nd out more about moving some of your investment dollars into a coin-based IRS, just give us a call at 1-888-273-8873.

Click HERE to receive a free one year subscription to "The Inside Trader" (a $195 Value).

 

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