Investing in American History.
Aurum Trading LLC was founded in June of 2017 and began actively trading in October of that year. Our core business is making a market in the United States gold coins that struck before 1933. We leverage our industry expertise and financial resources to help facilitate an open and efficient market in our sector of the coin industry
Pre-1933 U.S. Gold: Before 1933 the United States was on the Gold Standard. That meant paper money was backed by gold. A $20 note represented $20 worth of gold, which can be exchanged at any bank. Banks were required to keep enough gold in their vaults to cover their paper notes. To keep things easy, the United States issued gold coins with denominations of $1, $2.50, $3, $5, $10 and $20, which could be held in a bank or used as circulating money. In 1933 when the United States went off the gold standard, they required everyone to return their gold coins in exchange for paper money. Many people and institutions did not comply and many of these coins remained in the hands of collectors. This is our specialty. Hundreds of dealers across the country have access to Aurum’s daily market sheet and use it as a standard for industry pricing.
Aurum Trading LLC is a part of TAWANI Enterprises, Inc., which was founded by COL (IL) Jennifer N. Pritzker, IL ARNG (Retired) in 1994. Learn more.