Daily Gold Coin Market News
Part of the Presidential $1 Coin Act of 2005, the First Spouse gold coins have almost unanimously seen sales increases in the early stages of 2010. These $10 coins have a half-ounce of 99.99% pure gold and will bear the images of the wife’s of each deceased President. Though sales of these gold coins were considered slow in 2009, the hope is that the New Year will bring increasing numbers of investors to purchase them.
Finishing 2009 with the coin honoring Margaret Taylor, the schedule for 2010 will feature Abigail Fillmore, Jane Pierce and the Liberty Head coin honoring James Buchanan, the only unmarried President in history. The First Spouse coins joined the American Buffalo gold coins as the only gold bullion coin released by the Presidential $1 Coin Act of 2005.
Gold coins like the First Spouse and American Buffalo coins represent an important part of gold investment in the United States. Combined with the American Eagle coins, these high purity coins make perfect investments for people who seek the beauty of gold coins combined with the security that they have traditionally provided as a hedge against economic hardships. Gold purchased in 2000 is now worth almost for times its original purchase price, offering a hint of the earning potential this precious metal possesses.
The First Spouse gold coins represent an effort by the US Mint to honor the women that have served alongside their famous husbands in the White House. The coins also represent an excellent investment vehicle for anyone interested in trading gold coins.
Michael Williams
Senior Staff Writer - Gold-Coin.com
