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Archive for January 4th, 2009

Jan 04 2009

The Buffalo Nickel Re-born in 24K Gold

Published by actionpro under gold Edit This

BUFFALO GOLD BULLION COINS

The American Buffalo gold coins are the first 24-karat gold coins ever struck by the United States Mint. These coins bear the original designs by James Earle Fraser which appear on the Indian Head 5 cent coins known as the Buffalo nickel - 1913 Type 1.

The Native American depiction on the coins obverse is believed to be based on three different American Indians. Two of the American Indians who modeled for Fraser as he sculpted the coin were named by the designer before his death. They were known as Chief Iron Tail of the Lakota Sioux and Chief Two Moons of the Cheyenne. Although many have claimed to have had a sitting with Fraser for this design, he could not recall the name of the third person and satisfactory documentation has not yet been found to identify that individual. It is widely believed that the bison on the coins reverse was modeled after Black Diamond, a popular attraction at the New York Zoological Gardens.  http://www.usmint.gov/mint_programs/buffalo24k/

The 2008 Buffalo 24 karat gold coin pictured below

 2008 24 K Gold Buffalo Obverse Obverse

Engraver: James Earle Fraser

Description: Based on the original 1913 Buffalo nickel, Type 1, as designed by James Earle Fraser — features a profile of a Native American.

 2008 24 Karat Gold Buffalo Reverse Reverse

Engraver: James Earle Fraser

Description: Based on the original 1913 Buffalo nickel, Type 1, as designed by James Earle Fraser — features an American Buffalo (also known as a bison).

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Jan 04 2009

Platinum Eagles - Sold Out.

Published by actionpro under Platinum Edit This

The Magnificent Platinum American Eagle coins  are a favorite among coin collectors and bullion investors.

The 2008 platinum coin series is sold out at the United States Mint, the platinum coins are often the first to sell out at the US mint. Congress authorized the American Eagle Bullion program to provide investors with a cost effective way to invest in gold and silver.

The American Eagle Bullion program was launched in 1986 with the sale of gold and silver bullion coins. The United States Mint added Platinum coins to the bullion series in 1997.In 2006, the United States Mint introduced a special uncirculated version of the popular platinum, gold and silver American Eagle coins struck on specially polished coin blanks.

Platinum American Eagle coins come in four sizes;  ounce, half ounce, quarter ounce and tenth ounce. The special uncirculated version of the American Eagle Platinum Coins carry the “W” mint mark.

The 2008 American Eagle Platinum Coin special uncirculated version pictured below.

2008 Uncirculated Platinum American Eagle 

Obverse Designer: John Mercanti
Engraver: John Mercanti

Description: “Portrait of Liberty”, Lady Liberty looking toward future. 

 Platinum American Eagle Coin Reverse  

Reverse Designer: Joel Iskowitz
Reverse Engraver: Charles Vickers

Description: Representing the Judicial Branch, the design features Lady Justice, a classic symbol dating back to Greek and Roman times. In her right hand, the scales are suspended from one finger, representing the delicate balance of the law.

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Jan 04 2009

Barack Obama Coin Scam

Published by actionpro under Barack Obama Edit This

People are getting tricked into believing the so called “Barack Obama Presidential coins are produced by the US Mint. These coins are genuine $1, 50 cent and Silver Eagle United States coins that private commercial businesses have altered by affixing a colorized image of Barack Obama to the coin, some businesses have treated the coins by gold-plating them. These items are not official United States Mint products. They are not approved or authorized by the United States Mint, the Department of the Treasury or the United States Government.

At this time 01/04/09 there are no coins minted by the United States Mint that have the image of Barack Obama or has there ever been coins produced by the United States mint that have the image of Barack Obama.

Have you purchased one of these coins assuming the coin is a product authorized by the United States and feel you have been misled. Go to this web address

http://www.usmint.gov/consumer/index.cfm?action=links

Most all altered Coins are Junk and will never have any real numismatic value. Barack Obama Should be on the Official United States Presidential Dollar in the future………I will post more on this at a later date.

Picture of  Altered Coin Below

Obama Altered Coin

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