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ACH | $1,453.14 |
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As low as $125.16 per oz above spot
Invest in First Spouse Gold Coins
Investing in precious metals, particularly gold, has always been one of the safest methods to grow wealth. Although their value can fluctuate, precious metals have historically been significantly more stable than equities or fiat money.
Coins, rounds, and bars made of gold, silver, platinum, and other precious metals are easily obtainable. These are an excellent choice for people wishing to increase the size and diversity of their investment portfolio, and they are produced by both government-owned and commercial mints.
Coins issued by government mints are typically accepted as legal currency, which allows them to be used in financial transactions. They are an excellent entry point into the gold market because they are typically less expensive than large bars, which makes trading them simpler.
The US Mint First Spouse Commemorative ½ oz gold coin is possibly one of the greatest places for investors and collectors to start if they want to attempt investing in gold. $10 Gold Coin series, 9999. This is a range of reasonably priced, elegantly crafted coins that have significant collector's value. For a thorough examination of the First Spouse gold coins, continue reading.
Rounds vs. Coins
Precious metal coins are the only legal tender coins produced by government-run mints. The purity, weight, face value, and year of issue are often printed on the obverse of bullion gold coins. On the other side, they include elaborate designs as well. Though there are some exceptions, coins from the same series often have different designs from year to year. Since they are equivalent to money, they typically sell for more than the current price.
There are proof and uncirculated gold coins in addition to standard bullion coins. These two coins are custom-made. They contain the same amount of precious metal as the ordinary ones—in this case, gold. The proof coins have a more elaborate finish with more definition and detail. Coins that have not been circulated are in mint condition and do not have the wear that circulated coins do. They are produced in the same manner as coins that are in circulation, although they often have a slightly stronger coining force, unique packaging, and additional cleaning after minting.
Conversely, rounds lack legal tender status and are distributed by both government-owned and commercial mints. They often get confused for coins because of their striking resemblance to them. One could think of rounds as the rounded equivalents of bars. They often include the weight, purity, and emblem of the mint. They are often inexpensive and offer novice investors a solid place to start.
First Lady Coins
First Lady coins, also called First Spouse gold coins, were produced between 2007 and 2016 to honor the former US presidents' spouses who appeared on Presidential $1 coins, which were also produced between 2007 and 2016. The series sold rather well at first, with the early models (about 40,000 each) being produced in large quantities. Some of them were accessible for far longer than the 365 days that were originally scheduled.
This would suggest that demand was not as strong as anticipated, and coins were soon minted in smaller quantities. Some of the coins became highly sought after due to the low production numbers in later years, which considerably increased their resale value.
In terms of audited mintage, Thomas Jefferson's Liberty (released in 2007) set a record with 19,823 uncirculated and 19,815 proof coins (a total of 39,638 pieces). On the other hand, only 2,168 uncirculated Lucretia Garfield coins were found (audited mintage was also provided).
Characteristics and Style
Only deceased first ladies, beginning with Martha Washington and ending with Nancy Reagan, were shown on US currency due to legal restrictions prohibiting the depiction of living people on currency. Each coin has a diameter of 26.49 mm and a thickness of 1.88 mm.
Liberty is displayed on the obverse side in place of the portrait for presidents Thomas Jefferson, James Buchanan, and others who were single (or widowed) when they held office. An image with significant themes from the life or tenure of the individual president is included on the back side. The suffragist Alice Paul's appearance on the coin honoring Chester A. Arthur's reign was the exception.
The coins' obverse side features the first ladies' portraits, their names above the images, and the duration of their husbands' time in office. The words "In God We Trust" are located on the left side of each photo, while the words "Liberty" and the year of issue are located on the right side of the first ladies' portraits.
Every coin has an image depicting the main ideas of each first lady's biography on the back. "The United States of America," "E Pluribus Unum," and the coin's specifications are among the inscriptions. The face value is $10, ½ oz. weight (in Troy ounces) and the 24 carat gold quality mark (.9999) are also visible on the back.
Must You Purchase Them?
Yes, in a nutshell, since gold is consistently a wise and secure investment choice. For individuals wishing to add gold to their portfolio and diversify their holdings, the First Spouse gold coins are an excellent option. Because it honors the first ladies—a rarity in the world of numismatics—this series is a terrific bargain if you're a collector. Furthermore, prices may increase dramatically in the future due to the scarcity of the later coins.
However, this series might be your best bet if you're trying to invest in coins that are easy to sell and have a good value. A few of these coins are extremely rare and are crafted from 24-karat gold. Coins that are legal tender are more simpler to exchange than bars and rounds.
In summary
These coins are a great financial investment whether you're wanting to add some lovely and precious coins to your collection or you trade numismatics. There is a lot of market interest in them, but their availability is restricted.
Though still modest enough to be regarded as a good catch, the early First Spouse gold pieces, such Martha Washington, Jefferson's Liberty, and Dolley Madison, were produced in relatively larger amounts. Some of the later coins, in contrast, are available in far less quantities, which could increase their value. In any case, the First Spouse series is a sound investment for investors and collectors alike, since the future of 24-karat gold appears to be just as stable as its quality.
For current pricing and availability, give Utah Gold Buyers a call at 1-800-679-1373. Shop the coins at Utah Gold Buyers to add diversity to your gold portfolio. Please contact our customer service team with any questions.
Mint | Generic - Various |
Year | Any Year |
Country | United States |
Weight | .50 |
Purity | 9999 |
Status | Active |