November 23, 2009 – French Rooster gold coins were first minted in 1899, and these 1/5 ounce coins feature the majestic Gallic Rooster. This type of rooster is the national symbol of France, and it has been for many centuries. The rooster is known as a proud and independent animal, and its fighting spirit is world-renowned. French Rooster gold coins were minted until the start of World War I in 1914, and they are still highly regarded coins by gold bullion investors worldwide. American investors prefer the French gold Roosters because they carry relatively low premiums over the current gold spot price. Gold Rooster coins are generally utilized as short-term investments within the United States, although other nations’ investors often hold the French coinage long-term.
American investors shy away from holding the gold French Roosters and other gold bullion coins because they could be seized by our government in a national financial emergency, as was the case in 1933. The Great Depression was in full swing and America was in the worst of ways. The US government confiscated gold bullion from her citizens, artificially raised the price gold spot price, and used their newly obtained ore to pay off our national debt. Our government could take our gold bullion again, which would make it illegal and impossible to buy, sell, or trade gold bullion within the United States. French Rooster gold coins, Canadian Maple Leaf gold coins, and other internationally manufactured gold bullion coins within US borders could be subject to confiscation, just as international bullion products were historically.
If you are considering a short-term gold investment that could profit if the gold spot price continues to rise, gold French Roosters might could be the perfect fit for your portfolio’s needs. If you desire to possess physical gold for a longer period of time, and you would like to own gold that was not historically confiscated, there are gold coins available to you, as well. Contact us directly through email or our toll-free number to get started.
Senior Staff Writer – GoldCoin.net