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.
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.
The first spouse gold coins are good for collectors, but they are also good for those who have a historical interest in the subjects presented. Every coin is printed to show, in some form, the various ways the first lady impacted the evolution of the White House. Some of these impacts have been rated as fairly significant, because the first ladies of the White House have traditionally filled integral roles in the development of presidential affairs. If the president didn’t have a first lady, an image of liberty from that president’s era of coins is used. Due to these subject choices for the coins, they can be very interesting and meaningful for those with historical knowledge.
These coins are special for a variety of reasons. They are being printed along with presidential dollars. There is also a limit of only 40, 000 of each kind being produced. That number will only be reached if that many are actually bought by the public.
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.
For further reading on the new First Spouse Gold Coins from the United States Mint, then please visit the First Spouse Coin website for more information.
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