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- Gold Commemorative Coins
Commemorative coins, as the name implies, are coins that are issued to commemorate a particularly significant event or personality. The importance of the personality or event or issue may be historic or contemporary.
These coins, although rarely minted for regular circulation in the modern market economy, are still used as legal tender by some nations worldwide today. Usually, coins of this category, meaning modern gold commemorative coins, serve as collectors’ items only.
Therefore, for numismatic enthusiasts around the world, commemorative coins hold a special place in their collection. Gold commemorative coins, especially, serve as a hedge against inflation, and have rightfully made a name for themselves in the precious metals investment market
- The Case for Gold
Apart from being an excellent source of combating ever increasing consumer prices, gold commemorative coins also work as a store of intrinsic value because of the ability of gold to maintain its value without depreciation over time.
Because of gold’s rare supply, along with the difficulty of mining and extracting it, its demand remains high throughout the chronological order of economic development. Its durability and non-corrosive trait also add to its demand from industries.
Gold’s malleable nature helps it to be formed as needed for use in, among others, jewelry, electronics, dentistry, medical tools, and the defense, aerospace, and automotive industries. Besides being perceived as a symbol of wealth, power, and majesty, gold has been used over millennia as a means of exchange.
Gold Commemorative Coins by the United States Mint
The earliest commemorative coin minted by the United States Mint was the 1848 “CAL” quarter eagle, which commemorated the finding of gold in California.
This marked the beginning of the tradition of commemorating persons, places, events, and institutions through coins in the nation, ending with the 1954 Carver-Washington half dollar.
In 1982, the US Mint resumed its commemorative coin program with the George Washington 250th Anniversary half dollar, giving birth to modern gold commemorative coins. Many of these coins are not intended for general circulation but are still legal tenders.
Modern Gold Coin- Commemorative Coin $10 BU/PF
The 1984 Olympics $10 Commemorative Gold Coin is part of a trio of coin designs, along with silver dollars dated 1983 and 1984, to commemorate the Los Angeles Olympic Games of 1984.
Designed by John Mercanti and James M Peed, it weighs 16.72g and is composed of 90% gold in weight- roughly, 0.4837 troy ounce. With a diameter of 27mm, it features two Olympic runners holding a torch and the Olympic rings on the obverse.
It features the classic design of the United States Mint on the reverse- the Great Deal of the United States featuring a heraldic eagle holding an olive branch and arrows in its talons.
Modern Gold Coin- Commemorative Coin $5 BU/PF
The 1988 Olympics $5 Commemorative Gold Coin that commemorates the Seoul Olympics Games of 1988, unveiled by the Denver Mint.
Authorized by the United States Congress, this coin was minted to support the training of American athletes participating in the Olympic Games of 1988.
The obverse features Nike, the goddess of Victory, in a wreath of olive leaves designed by Elizabeth Jones, while the reverse features the Olympic flame designed by Marcel Jovine.
Gold Commemorative Coins by the Royal Canadian Mint
The Royal Canadian Mint is a Crown Corporation operating under the Royal Canadian Mint Act of 1969, with the Department of Finance being responsible for its administration.
It has four lines of business, namely the Bullion and Refinery Service, Canadian Circulation, Foreign Business, and Numismatics. Under the first and second services, the mint is responsible for producing all of Canada’s circulating coins, as well as precious metal collector and bullion coins.
The commemorative coins issued by the Royal Canadian Mint for general circulation are in the denominations ranging from one cent to two dollars.
1/4 oz Gold Canadian Arctic Fox Coin (2014)
Introduced by the Royal Canadian Mint in 2014, the Arctic Fox Modern Gold Coin is a commemorative coin containing ¼ Troy ounce of .9999 pure gold.
It has gained massive popularity with collectors and investors worldwide an is one of the most highly sought after pure gold coins today.
Available in brilliant uncirculated (BU) condition, it features an Arctic fox on the reverse side of the coins along with the right-facing effigy of Her Majesty the late Queen Elizabeth II along with the face value of the coin on its obverse.
Commemorative Coins by Trusted Gold Sellers Online
The catch with buying precious metals for sale online lies with dealers online. There have been many reports of fraud and cybercrime involved with such transactions. From fake websites to paid orders vanishing in thin air, these frauds cover a broad variety. On the other hand, widely networked dealers offline are known to always have hidden costs.
For years we have watched other precious metals investment companies take advantage of people- the regular investors. It is always the same story- someone invests in precious metals only to discover that only 50 or 60 cents on the dollar hit their account after commissions, fees, and other deductions.
Wall Street Metals is a response to that rip off phenomenon currently pervading the precious metals market. With decades of experience in the industry, and an extensive network of mints, manufacturers, delivery and shipment partners, among others, we help you improve your current collection or start a new one.