New .9999 fine (24 karat) 1-oz legal tender $50 gold coins will be
added to the U.S. Mint's line of gold bullion coins in 2006 when
President Bush signs into law a bill that Congress passed in
December. The legislation
calls for the Mint to have the
coins ready to distribute by June 2006, but the coins may be
ready before then.
Debt Consolidation And Credit The legislation authorizing the new .9999 fine gold coins was
quite specific, mandating the design and even the method of
packaging. For the first year of issuance, the coins "shall bear
the original designs by James Earle Fraser, 'which appear on the
5-cent coin commonly referred to as the 'Buffalo nickel' or the
'1913 Type 1'." This wording, without specifically saying it, calls
for the obverse (front) of the coins to carry the famed Indian Head
design by Fraser. The reverse will carry the equally-famed buffalo
design.
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Check Credit Rating Each Indian Head-Buffalo coin is to be encased in a protective
capsule, possibly such as the capsules used by Australia's Perth
Mint to protect its .9999 fine gold bullion coins, including the
popular limited edition Lunar Series Gold Bullion Coins. The
protective cases "shall be readily distinguishable" from the
packaging for proof coins, which are also authorized by the
bill.
This beautiful legal tender .900 fine gold coin is handsomely displayed in a 14 karat gold bezel. $199.95
Improve Credit Rating For years, proof coins have been individually encapsulated in
protective cases. Individually encapsulating bullion coins will be
new to the U.S. Mint. The Mint's 22-karat (.9167 fine) American
Gold Eagles, which are the world's best-selling gold bullion coins,
are packaged twenty to a tube and are not individually
encapsulated.
coin sets are comprised of two Gold and four Silver legal tender coins, six in total. The two Gold coins are minted in pure .9999 Fine Gold, each with a flawless Gem Proof finish. Their stunning designs are captured in frosted cameo relief against shimmering mirror fields. The four pure .999 Fine Silver Proofs have the added distinction of being highlighted with dramatic accents of color.
Credit Online Rating Report Production of the Indian Head-Buffalo coins will be unlimited,
and they will be marketed toward gold investors who prefer .9999
fine (24-karat) gold coins. The U.S. Mint already has the world's
best-selling gold bullion coins with its 22-karat (.9176 fine) Gold
Eagles. Still, there is a huge market for pure gold coins, and the
new Indian Head-Buffalo coins will give the U.S. Mint a product for
that market. The Asian and Indian markets clearly prefer pure gold
coins, while alloyed gold coins are more popular in the Western
World.
Footies with gold coins Footies with gold coins (Anklets that connect to the middle toe) Sells for $16.95
Credit Score Rating Scale Presently, the Royal Canadian Mint's .9999 fine Gold Maple
Leafs are the world's best
selling pure gold coins. However, the Gold Maple Leafs have
fallen into disfavor with investors because of the ease with
which they are damaged. To counter this, the Royal Canadian Mint
recently introduced new packaging for the 1-oz Gold Maple
Leafs.
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Bad Card Credit Credit People The new packaging for the 1-oz Gold Maple Leafs will put the
coins individually in capsules that are suspended in
credit card sizes cards,
twenty-five coins to a box. It is too early to gauge market
acceptance of the new packaging for the Gold Maple Leafs.
Free Credit Rating Report Considering the popularity of the of Indian Head-Buffalo design,
the U.S. Mint's new .9999 fine gold coins could provide stiff
competition for the Gold Maple Leafs. Fraser's designs proved to be
a winner in 2001 when the U.S. Mint produced a limited number of
Indian Head-Buffalo $1 silver coins sets. The sets sold out
immediately and today carry prices several times their initial
offering prices.
Credit Rating Scale The new Indian Head-Buffalo .9999 fine gold coins, however, will
not be limited edition, at least not the first year. The bill
permits the Mint to "change the maximum number of coins issued" in
subsequent years. Further, the bill authorizes the Mint to change
the designs on either the obverse or the reverse after the first
year's production.
Bad Credit Rating Although the U.S. Mint produces its popular American Gold Eagles
in four sizes, 1-oz, ½-oz, ¼-oz, and 1/10-oz, the new Indian
Head-Buffalo pure gold coins will be minted in only one size:
1-ounce. With the popular Indian Head and Buffalo designs, the
Mint's new .9999 fine gold coins could quickly become favorites
with gold coin investors.
Credit Rating Agency Bill Haynes heads CMI Gold & Silver Inc, one of America's
oldest precious metals dealers. See CMIGS' website at
http://www.cmi-gold-silver.com/. This article may be reprinted
provided this signature remains intact, including the direct link
to CMI Gold & Silver Inc.
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