$5 Liberty or Indian Head Gold Coins
$5 Gold Liberty Head (1839-1908)
0.24187 Troy Ounce Pure Gold
$5 Gold Indian Head (1908-1929)
0.24187 Troy Ounce Pure Gold
Pros: $5 Gold Pieces would be exempt from future gold confiscation based on their historic value. They would buy about $500 in goods and services in 1913 using the current dollar value. Smaller gold coins are easier to carry around in your pocket and liquidate.
Cons: None
Recommendations: Buy lower grade coins for bullion value and higher grade for collector value. Make sure your higher grade gold is slabbed and graded by PCGS or NGC.
LP VF XF AU BU MS61 MS62 MS63 MS64 MS65
The above designations are how coins are graded based on condition. LP = Low Premium, VF = Very Fine, XF= Extra Fine, AU = Almost Uncirculated, BU = Brilliant Uncirculated, MS= Mint State. The Higher the MS Number the better the grade and the more it is worth when compared to same coin in lesser condition.
NEVER BUY a Coin that is graded MS but not in an official NGC or PCGS plastic slab. Many coins have been polished and/or cleaned. This dilutes their value considerably.
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