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Thursday, December 10, 2009

Facts About First Spouse Gold Coins

By Geoffrey Goodwin

Collectors of coins are being given a special treat from the US mint for the next couple of years. The mint is printing special first Spouse gold coins made out of the finest gold available domestically. So far, there have only been thirteen spouses released on the coins, leaving a good amount of opportunity for anyone who wishes to still get into this market.

Many people are proclaiming that gold prices will continue to rise. Since these coins have prices that flow in the same direction as the price of gold, they can be used as a gold buying medium. Gold has been rising and so have the prices of these coins. So far, those people are right about these coins being a good way to buy gold. This is also affecting the distribution of these coins though. This rise in gold prices is causing fewer than normal amounts of coins to be sold. This lack of supply will affect the prices even more in the future when there can't be any more produced for any price.

These coins can also be collected by people who find the historical significance of the printing interesting. Many of the first spouses had integral parts in running the White House when they lived there. The coins depict this involvement that they had. One presidential spouse was her husband's private secretary during her stay in the White House. She was very involved in the affairs of her husband. This led to her importance becoming almost as great as his presidency. For this reason, a picture of her assisting her husband with clerical operations is presented on the backside of the coin. On the front is an elegant rendition of what she looked like in her time.

These coins are great for collecting because there is a limit of 40, 000 on each one being made. This will give them value in the future when these pieces are harder to come by. They are also made of the highest quality gold. They are a great addition to the printing of the Presidential Dollars already in motion. A good collection can be created by using both types of coins as the center point of a collection.

Not many people are willing to pay such high prices to obtain these coins. Their prices are adjusted to the ongoing gold prices too. The amount of coins being sold are far less than the established limits. This will likely lead to a very limited supply of each one in the future. This can make even the unpopular versions valuable in the future.

These coins are $10 commemorative coins made out of a half ounce of pure gold. The gold is stated to be. 9999 fine gold. Each coin has a picture of a president, first lady, and a portrait displaying their highest accomplishments and significant events they were involved in during their time at the White House.

Each coin is a $10 coin dedicated to their remembrance. The coins are printed using fine gold and weigh a total of half an ounce. Each one displays the significance of the person represented in a historical and commemorative way. They also have important terms printed on them. The commonly used "In God We Trust" is displayed, along with other phrases of significance.

On the surface of the coins you will also find the many facts about the coin printing as well as phrases that have been important in our country for a long time. Phrases like "In God We Trust" are labeled on these coins. This makes them even more special. These are important coins that portray the lives of important people in a very official manner. - 23311

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