Posts Tagged Gold

American Gold Buffalo Coins

The American Buffalo, also known as a Buffalo , is a 24-karat gold bullion coin first offered for sale by the United States Mint on June 22, 2006, and available for shipment beginning on July 13. This was the first time ever that the United States Government has minted pure (. 9999) 24-karat gold coins for the public. The coin has a legal tender (face) value of US$50. The price of the proof coin is $800.

In addition to requiring a presidential dollar coin series to begin in 2007 and redesigning the cent in 2009, the Presidential $1 Coin Act of 2005 mandated the production of a one-ounce 24-karat gold bullion coin with a face value of $50, and a mintage limit of up to 300,000 coins.

Design

The design of the American Buffalo gold bullion coin is a modified version of James Earle Fraser’s design of the Buffalo nickel (Type 1), issued in early 1913. After the mound was removed, the Type 2 variation continued to be minted for the rest of 1913 and every year until 1938 (except 1922, 1932, and 1933, when no nickels were struck). The obverse depicts a Native American man, who Fraser said he based on a mixture of features from three American Indian men (John Big Tree, Iron Tail and Two Moons) from three different tribes that posed for him to be sketched. On the reverse stands an American bison on a mound of dirt, commonly referred to as a buffalo. The animal on the reverse is believed by most to be a bison named “Black Diamond” that lived in New York City’s Central Park Zoo during the 1910s. It is said that Fraser had to have someone distract the Buffalo while he sneaked up beside it to draw it. Otherwise, the buffalo would stare at him and Fraser wouldn’t get the profile he wanted. [citation needed] Fraser’s nickel design is generally considered to be among the best designs of any U. S. coin.

On the American Buffalo coin, the mound area of the reverse with the words “FIVE CENTS” has been changed to read “$50 1 OZ. . 9999 FINE GOLD”. Also, the motto “IN GOD WE TRUST”, appearing on all U. S. gold coins since 1908, can be seen on the reverse to the left of and beneath the buffalo’s head

Distribution

All U. S. bullion coins, including the American Buffalo gold piece, are currently being struck at the West Point Mint in New York. According to the U. S. Mint website, only the proof version of the Buffalo gold coin bears the mint mark “W” on the obverse; the bullion version does not have the “W” mark. The 2006 and 2007 coins have only been issued in a one ounce version, but it is expected that the sizes available for American Eagle gold coins will eventually be offered with the American Buffalo bullion coins.

After a long wait by both collectors and investors, the uncirculated version of the American Buffalo gold piece was made available to coin dealers on June 20, 2006. Collectors who wanted to purchase the proof version from the mint were given the opportunity to place their orders with the Mint beginning on June 22. The 2006 proof quality coin has a strict mintage limit of 300,000, with an additional enforced limit of only ten (10) coins per household. The catalog number of the 2006 proof coin at the US Mint is (BA6).

The coin was created in order to compete with foreign 24-karat gold bullion coins. Since investors usually prefer 99. 99% pure gold over the 91. 67% gold used in the American Gold Eagle, many were choosing non-US coins, such as the Canadian Gold Maple Leaf, to meet their bullion needs. With the American Buffalo coin, the U. S. government hopes to increase the amount of U. S. gold sales and cash in on the 24-karat sales, which makes up about 60% of the world gold market.

Also on June 22, the Mint transferred two of the American Buffalo coins to the Smithsonian Institution’s coin collection because of their historic value

Tags: , , ,

No Comments

Gold Offers Secure Investment In Down Economy

In today’s soft economy, stocks are at a historic low and the dollar is on a rapid decline, but gold continues to be a solid investment for hard earned assets. The U. S. Dollar has fallen over 40% since 2001, while the value of gold has increased by over 150%. Additionally, for the past eight years, gold has outperformed the NASDAQ, Dow and the S&P 500. Unlike stocks, which can quickly change and go under, gold has remained a stable and universally valuable throughout human history. For gold to become unsustainable and collapse like the other markets, it would need to surge to over $6,000 per ounce. Currently, the price of gold per ounce is floating around $900 in U. S. currency. Due to its stability and growth, investment in gold is a secure way to protect and grow your money. The financial crisis of the 1980’s created an environment that caused double digit inflation and will be repeated in 2009 to 2012. National debt is continuously and vivaciously growing and gross domestic product is shrinking. This means dollars won’t buy the same amount of goods and services a year from now as it does today. In fact, the dollar’s buying power may decrease by 25% by 2010. By moving money into gold, investors are preserving their purchasing power in a stable medium. For collectors, prospectors and gold-lovers alike, there are considerations to make for ensuring your investment in the right type of gold that is safe and profitable. However, rather than focusing on what type of gold to purchase, you should consider why you are interested in buying gold. What you buy depends on your goals. So, you should have a good idea of what you would like to accomplish with your investment before you purchase anything. Once you have decided your goal, you can safely and wisely make your investment decision. If you are a collector, your focus is simple. You want the rarest and therefore the most valuable coins out there. However, for those profit-seekers at-heart, your goal and focus are quite different. If you’re aiming to capitalize on price movement, then bullion coin will work wonders. If you are interested in long-term asset preservation, then you should consider adding pre-1933 and Modern American coins to your investment. This is just tip of the gold-investment iceberg. Today, gold’s popularity and demand are at an all-time high and investment options are endless. To develop a strategy customized for you, we recommend consulting a United States Gold Bureau representative. Having a dealer that is dedicated to understanding the gold market is an invaluable asset to any gold investor. The specialists at United States Gold Bureau have studied the best techniques to help grow your investment. They specialize in certified PCGS and NGC pre-1933 and modern gold coins, as well as silver, gold and platinum American eagles in high mint conditions. Whether you want to purchase large quantities or individual items, U. S. Gold Bureau can fulfill all of your needs. Call them today toll free at (800) 775-3504 to speak with a specialist and secure your future in gold today.

Tags: , , , , ,

No Comments

Why Invest In American Buffalo Gold Coins?

American Buffalo gold coins are also known as gold buffalo. These are 24-karat gold bullion coins that were introduced to the United States Mint back in 2006. It was made available for shipment in the same year. American Buffalo gold coins are known for its designs. The most popular is the Indian Head nickel, therefore earning the nickname from the American Bison. This was the first time that the US government has minted pure 24-karat gold coins for the public to collect. The coin has a face value of $50 dollars. The initial price of the collector’s item back in 2006 was $800. The price for the proof coin a year after its distribution was $899. 95. It was in 2007 when American Buffalo gold coins were really popular. This particular coin was redesigned in 2009 and it has also mandated the production of the one ounce 24-karat gold bullion coin that has the tender value of $50. The mintage limit reaches up to 300,000 coins. The designs of American Buffalo gold coins are modified versions of James Earle Fraser’s take on the Indian Head nickel. This was the design back in 1913 but was specifically updated for the American Buffalo. The type 2 version was minted from 1913 to 1996 for the Indian Head models. Generally, this design was said to be the best among all the US coins. With the American Buffalo gold coin also having this design, it is then declared to be a commemorative coin for the Indian head just as it is a collectible in itself. The obverse of the coin shows the Native American design by Fraser. The varieties of these designs are the three chiefs from American Indian tribes. These are Iron Tail, Two Moon, and Big Tree. Apparently, Fraser had the honor to have these three chiefs pose for him when he was in need of models for the coin. This is the very reason why the coins are commemorative. On the reverse side of American Buffalo gold coins is the American Bison. This is commonly referred to as the buffalo. It is said to be the Black Diamond. This is a bison that lived in New York City Central Park Zoo during the 1910s. Fraser said that someone distracted the buffalo in order for him to sketch this. He needed a specific profile of the buffalo and he achieved this as reflected in the finished product of the coins. There are different patterns and designs to choose from in the American Buffalo gold coins. It is all up to the collector which design he prefers.

Tags: , , , ,

No Comments

Buy Cheap Gold Buffalo Coins Safely

The gold buffalo coin, is one that is readily on any collector’s wish list. But where to find the coin can be a problem. For a very nice deal, you may want to take a look on Ebay. Many first time collectors start out on Ebay, and find that their purchases are of very good quality. That is because Ebay keeps an eye on what is being sold, and where it’s being sold. They notify customers as well as patrons quickly, if they find the slightest detail wrong, or suspect something might be wrong. Ebay is one of the top auction sites for finding old, rare, and quality deals, especially on coins. Ebay has many safety features installed to help prevent fraud and illegal selling of fake coins, therefore buying on Ebay, is a very good choice when it comes to adding to your collection, or simply getting a start. Ebay is one of the highest recommended places for buying and selling coins on the Internet, because of their strict guidelines, procedures, and safety measures. The U. S. Mint would be another place that coins can be safely purchased. According to the U. S. Mint, the American Buffalo Gold Bullion Coin represents the convergence of timeless elegance in numismatic design and quality in coinage production. The coin is made of . 9999 pure fine gold. Congress authorized the Gold Buffalo Coin in 2005 and first minted in June 2006, American Buffalo Gold Bullion Coins are among the world’s purest gold coins, with the gold being obtained from newly mined sources in America. United States Mint gold bullion coins are the only official investment-grade gold bullion coins whose weight, content and purity are guaranteed by the United States Government. In October 2009, the number of American Bouillon coins sold was 86,000. None were sold prior to that during the whole year. To learn more about Gold Buffalo Coins, I recommend you checking out Buffalo gold coin. It is a specialized gold Buffalo coin for sale site, offering a great selection of American gold Buffalo coins, silver Buffalo and Buffalo Nickels for sale. This website makes finding your dream American Buffalo Coin a million times easier. Be sure to try this website before you buy.

Tags: , , , ,

No Comments

Gold Double Eagle Coin and the Soaring Gold Prices

In today’s investment market, people are seeking stable investments. With soaring gold prices, the gold double eagle coin is a wise investment. Many people have discovered gold coins to bring an element of stability to their fluctuating investment portfolios. Gold continues to be a savvy investment and well worth the purchase of coins. The gold double eagle coins are an excellent investment. These pieces generate a constant permanent demand for them and combined with a limited supply of currency no longer minted, the prices will continue to spiral upward in the years to come. Whether seeking rare collector pieces or a gold bulk purchase, the gold acquired will be a wise investment. In 1933, gold coins were declared to no longer be legal tender in the United States. People were required to surrender their gold coins for other forms of currency. A majority of the gold coins were melted making their availably restricted to coin collectors. Gold coins became scare and today’s values reflect this scarcity factor. Gold double eagle coins were minted by the US government from 1792 and 1933 (exception 1917-1919 none issued) hold the highest gold values. The US government released a 2009 version of the gold double eagle providing additional proof of the coin popularity by the wide interest and brisk sales. Characteristics important to coin selection which impact price are rarity, quality, and condition of the coin, popularity, and price. All of these characteristics will impact the value of each coin purchased. The most popular of these coins is the Saint Gaudens golden eagle. This coin was designed by a sculpture Agustus Saint Gaudens to improve on the beauty of this coin. These coins are highly sought and include coins without the motto “In God We Trust. ” The Saint Gaudens coins because of the method of intricacy of the minting are more reminiscent of a medal and not a coin. Perhaps what a buyer should consider is which coins would fit their portfolio. The higher quality rare coins contain prices that reflect the demand and availability. For coin investors new to purchasing gold, research will allow investors to select the appropriate investment quality and quantity of coins. No matter what coin is chosen, the gold double eagle coins continue to be an excellent investment. To learn more about Gold Double Eagle Coin, I recommend you checking out Saint Gaudens Double Eagle. It is a specialized American Double Eagle coin for sale site, offering a great selection of gold Double Eagle coins for sale. This website makes finding your dream American Double Eagle coins a million times easier. Be sure to try this website before you buy.

Tags: , , , , ,

No Comments

Bullion British Gold Coins

British Golf CoinsOne of the best known and most sought after collections of gold coins in the world are the classic collection of gold coins from Colombia - gold sovereign. . With a fascinating history and different, their British rulers are highly sought after by numismatists and collectors. British Sovereigns beaten in more recent times are in high demand among investors rather than collectors. British Sovereign coins were made in 1489 by King Henry VII of England. Its value was 1 pound alias pounsd twenty shillings. However, as has been used for official purposes and is not evenly distributed across the parties, no par value determined by the parties. The originals of sovereignty consisted of twenty-karat gold, which is ninety-six percent pure and contained 15. 6 grams of gold, or half a troy ounce. While Henry ruled eight, the sovereign purity level was reduced to twenty-two karat (92% purity), which created a new standard of what is now called "Golden Crown", a title still used today aujourd as in the United Kingdom and the United States. The gold content was reduced in a couple of times until it is fixed at 7. 322 grams, ie 0. 2354 troy oz The Royal Mint has issued a number of British gold sovereigns additional designations, including 1 / 2 Sovereign, with an official value of 10 shillings (1 / 2 pound), double sovereigns with a nominal value of two pounds, and 5x sovereign, worth five pounds official Then in 2009 the first Mintfor issued 1 / 4 parts of a sovereign official value of five shillings. Clearly, the nominal value has nothing to do with its real usefulness in this day and age. The British gold coins were widely built until the First World War, when the book was withdrawn from the gold standard. Until 1932, gold coins were struck in mints strictly local in some Commonwealth countries, particularly South Africa, Canada, Australia and India. Production ceased until 1957. Since 1957 the rulers of new products have been, to maintain environmental integrity counterfitting sovereign spread abroad. Until 1982, the kings were minted in gold, distributed, but from 1982 to 1999 occurred only as proof coins. Since 2000, the rulers have become a hit as gold coins, whose value depends mainly on its weight in gold. As noted above, British gold coins are official values. Its real value, however, is determined both by the current market price of gold much more unstable in numismatic value, which depends heavily on what money is and how the demand is there. The newly minted gold coins should theorycost on the value of its weight plus a small premium, but can sell for more. Throughout history, British gold sovereigns were often removed from circulation by the Mint of Canada and its gold content remoulded into new pieces. There was also buying coins which have lost some weight in circulation, is exchanged and cons of sovereign weight. Since both the remodeling of old coins held, old gold coins in Britain are very rare and usually have a high value on coins. English sovereigns are Valedez for its historic and cultural heritage. Collectors sovereign love and can have great numismatic value because of its history and rarity. . But the former British sovereigns are probably inappropriate for people who simply want to invest in gold is not perceived. This type of investor is better to buy gold instead of numismatic value coins only because they are not interested in aesthetics. New minted sovereigns would be a better option for these people. But even if buying gold sovereigns as an investor, a potential drawback of these pieces is his gold British gold unequal measures 7. 322 grams, and is not written in the currency. This could make the Supreme less than 1 Oz liquid currency, especially outside of the British sovereign UKwhere are widely known. You can sell gold to traders because they are familiar with them. But if there is always a disaster and need immediate access to money for everyday transactions, Sovereign of the United Kingdom can not be widely marketed. No doubt a good investment, but I would nbot rely on them as emergency funds. Learn more about these gold coins, the British Treasury.

Tags: , , ,

No Comments

Gold Coin Collecting Trends For 2009

Gold coin collectors around the world are celebrating the rise in gold prices that have been seen recently. Collections of coins that were once valuable are now very valuable. By 2009, the collection of gold remain strong.
Proof gold coins are expected to be strong performers in 2009 as the date is scarce and early gold. With early and rare gold coins, are the best, the greater its value. Proof of gold, by definition, are rare and the FDC (corner flower) have provided the highest value.
Saint-Gaudens Double Eagle gold coin continues to be one of the most beautiful, popular and in demand for gold coins in the market, and will remain so for long. Saint-Gaudens proof coins, and those that have no slogan (without In God We Trust) of them are rare and therefore more highly valued.
24 kt newly minted Jackson Liberty First spouse gold coins, both Uncirculated and proof will be strong for the coming months. Other gold coins which remains high in popularity and is $ 10 Liberty $ 5 Liberty $ 5 Liberty Half Eagle (with or without a theme), or American Eagle gold coins, commemorative coins in gold United States - 1988 Olympic (Uncirculated) and 1986 Statue of Liberty, the British gold coin - King Edward 1902-1910, Canadian maple leaf and the Australian Lunar gold coins - 2005 1 oz gold and Gallo 2004 1-oz Monkey gold.
In uncertain financial times, gold is something whose value is still strong, if not mounted. Consider adding one of these pieces to your collection.
One of the best investment gold coins from Saint-Gaudens Double Eagle gold coins. They are a great investment opportunity and collectors, as the price increases by an average of about 8% a year. Here is a story of Saint-Gaudens gold coins.
In early 1900, President Theodore Roosevelt asked sculptor Augustus Saint-Gaudens, the question of whether he would be interested in re-designing the development of the nation or currency look more like pieces of currency from ancient Greece, where democracy has taken roots. What Saint-Gaudens created a stunning design with high relief the image of Miss Liberty on one side and a flying eagle on the other. This work symbolizes both the strength of the province as it moves toward the future and independence as a nation mighty and glorious.
Only a small number of tests were beaten, and then began producing a $ 20 gold coins. Due to the great relief, these pieces are not the favorites of Bankers (tripping when the stack). Finally, the piece has been modified to be flat. Even if all the gold Double Eagle is considered to be collectibles, which struck in high relief are popular.
Interestingly, this amazing symbol of America was, for once, produced without the motto "In God We Trust." Roosevelt thought it was a sacrilege that this motto on the coins that could be used for gambling. Saint-Gaudens Double Eagle gold coin is a symbol of greatness. A symbol of art, independence, strength and even the functioning of our Government, this gold coin has a story that covers a century and that beauty is incomparable.

Tags: , , , ,

No Comments