From what I understand is the United States Mint is to provide the quality numismatic products for collectors. They are currently making dollar coins of the Presidents of the United States and also the dollar coins of the spouses of presidents of the United States. That is a first.
This is the list of the First Spouse $10 Gold Bullion Coins.
Date of authorization: Dec. 22, 2005
Dates of issue: 2007 to present
Designers:
2007: Martha Washington: Joseph Menna/Susan Gamble
2007: Abigail Adams: Joseph Menna/Thomas Cleveland
2007: Jefferson Liberty: Robert Scot/Charles Vickers
2007: Dolly Madison: Don Everhart/Joel Iskowitz
2008: Elizabeth Monroe: Susan Gamble/Donna Weaver
2008: Louisa Adams: Joel Iskowitz/Donna Weaver
2008: Jackson Liberty: John Reich/Justin Kunz
2008: Van Buren Liberty: Christian Gobrecht/Thomas Cleveland
2009: Anna Harrison: Donna Weaver/Thomas Cleveland
2009: Letitia Tyler: Phebe Hemphill/Susan Gamble
2009: Julia Tyler: Joel Iskowitz/Joel Iskowitz
2009: Sarah Polk: Phebe Hemphill/Phebe Hemphill
2009: Margaret Taylor: Phebe Hemphill/Mary Beth Zeitz
2010: Abigail Fillmore: Phebe Hemphill/Susan Gamble
2010: Jane Pierce: Donna Weaver/Charles L. Vickers
2010: Buchanan Liberty: Christian Gobrecht/David Westwood
2010: Mary Lincoln: Phebe Hemphill/Joel Iskowitz
2011: Eliza Johnson: Joel Iskowitz/Gary Whitley
2011: Julia Dent Grant: Donna Weaver/Richard Masters
2011: Lucy Hayes: Susan Gamble/Barbara Fox
2011: Lucretia Garfield: Barbara Fox/Michael Gaudioso
Diameter: 26.49 mm/1.043 inches
Weight: 15.554 grams/0.5 ounce
Metallic content: 99.999 percent gold
Edge: Reeded
Mint mark: Obverse, below date
Krugerrands, American Eagles, Liberty 20 dollars, Canada Maple leaf, Isle of man angel, crown, American buffalo, Mexico 50 pesos, Soviet Olympic 100 roubles
We the United States are honoring our former Presidents with a $1 coins featuring their images. The one dollar president coins in the order that they served in office. The US Mint issues four Presidential $1 Coins each year. I have missed the past years the mint for 2011 is on Presidents Johnson, Grant, Hayes, and Garfield. Each coin $1 Presidential coins will have a common reverse design featuring a striking rendition of the Statue of Liberty. Sweet. Now I need to find the coins for the previous years.
I am probably like everyone else when it comes to gold, I have some jewelry that is gold and few other pieces. Now you can listen to radio and TV and hear about the advantage to buy gold as an investment or what they call insurance against inflation. Gold have been around since the beginning of human civilation. This means gold has been a form of trade for over several thousand years around the world. It would be cool to own some gold. Maybe create a stash of some gold bars. A friend of mine has been into buying gold bars and then when he needed money he would then cash them out. Sometimes if he could hold onto them long enough he could make a good little profit, some of the times but not every time. The current price of gold is over thirteen hundred dollars per house. That is a huge amount of money for an once of metal. The above video is about the South African krugerrand. The Krugerrand have no value and are made for being traded in other countries. Watch the video above on the Krugerrand of South Africa. I need some of these. One coin that I have heard but never owned one, is the Swiss franc, these coins has been around over 500 years all made from gold.
The other day I was watching a pawn show where customer bring in their items for sell to the pawn store. In this show the woman had found and old gold eagle coin. Come to find out that is one of the most counterfeited coins in the world. I guess because of its collectors value. I guess it being made of gold does not hurt it either. Any the store owner brought in an expert and he verified it as real and in very good condition, worth about twelve hundred dollars. Lucky her she found it a house she had just bought. The more I search the more things I find interesting about the American Eagle coins.
The American eagle coin is a base unit of money denomination issued only for gold coins manufactured at the United States Mint. The gold coin eagle were stopped minted in 1933. The American eagle was the largest of the four main decimal base units of denomination used for circulating coinage in the United States. In 1933 gold was withdrawn from circulation. A dark day for us collectors. The four main base-units of denomination of coinage used in the US were the cent, the dime, the dollar, and the eagle. This seemed a lot like metric where a dime is 10 worth cents, a dollar is worth 10 dimes, and an eagle is worth 10 dollars.
Some of the things I thought was cool about the eagle was denomination served as the basis of the gold quarter-eagle, the gold half-eagle, the eagle, and the double-eagle gold coins. If you can find one, the eagle is still legal tender for all your debts public and private at their face values. These face values of eagles do not reflect their intrinsic value which is much greater and is mainly dictated by their troy weight and the current precious metal price.
It would be hard paying my bills with gold coins.
With the exceptions of the gold dollar coin, the gold three-dollar coin, the three-cent nickel, and the five-cent nickel, the unit of denomination of coinage prior to 1933 was conceptually linked to the precious or semi-precious metal that comprised a majority of the alloy used in that coin. In this regard the United States followed long-standing European practice of different base-unit denominations for different precious and semi-precious metals. In the United States, the cent was the base-unit of denomination in copper. The dime and dollar were the base-units of denomination in silver. The eagle was the base-unit of denomination in gold. A $10 eagle in 1800 would have the equivalent purchasing power of $127.76 today.
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