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Sunday, November 29, 2009

Facts About First Spouse Gold Coins

By Geoffrey Goodwin

If you are a collector of coins, you will be pleased to know that 24 karat first spouse gold coins are now being released. This program is scheduled to run through 2016. So far, only nine spouses have been released to the public.

This is a great way to invest in gold, because gold quality is of the highest standard possible in these pieces. They are also great for coin collectors because of rising gold prices. Due to the prices being so high for manufacturing gold pieces, the prices of the coins themselves have risen in value. This makes every coin in the set a sure bet for making a profit. Even the unpopular prints of the coins have risen in value.

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.

The first spouse gold coins have only been printed with nine different people on them so far. Those who have already been honored with this printing include Thomas Jefferson, Martha Washington, Abigail Adams, Martin Van Buren, Andrew Jackson, Louisa Adams, Elizabeth Monroe, Dolley Madison, and Anna Harrison. These coin designs are also being used on national bronze medals that are authorized only by Congress. They are given to people and places that have had very large roles in shaping our system of government.

Each one has all the information that describes the nature of the coin's printing on them. You can find the type of gold that is used, the face value of the coin itself, the amount of gold used along with common inscriptions such as "United States of America" and "In God We Trust." The coins also have inscriptions of "Liberty" and "E Pluribus Unum." These additions are focused exclusively on the first spouses. The first spouses are portrayed in a light that shows how important their roles were in forming their husband's presidency.

Many, if not all of the women portrayed, had significant and important roles in producing the success of their husbands. Most of them gave direct support in the office affairs. One, Elizabeth Monroe, is portrayed on the coin commemorating the reopening of the White House after it was burned down by the British. She played a key role in refurbishing the new White House. - 23210

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